Post
Topic
Board Economics
Re: when you sell out of panic, you are contributing to the dump!
by
Suguha
on 03/02/2018, 14:06:14 UTC
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!

Indeed it is true. The more all of you panic, the more the price of bitcoin dumps. Like what happened last year (2017), the price of the bitcoin almost reach 1M because of the people who holds bitcoin but because of the holidays most of them sell bitcoins and convert it into fiat money so, I think it is the reason why the bitcoin dumps this first and second month of 2018.