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!
Lol. Of course they know, and if there are people who do not know that they are contributing to the dump when they do panic selling, then I must say, the level of stupidity that these people have must be on a different level. Lol. Now anyways, only a selected few are really that amazingly talented at being stupid. So for most of the "normal" people who know that they are contributing to the dump when panic selling, they are doing this not because they want to either attack cryptos or to contribute to the dump and make it worse. It's just that their fears just got the best out of them. I mean, who would even want to cut losses and lose the potential of gaining more profits? They are just panicking because they probably invested most of what they have or made a loan just to invest. Which explains their course of action. If only these people controlled their greed and just invested money they can afford to lose, there will be no panic sellers. But hey, that's their choice, and clearly, there is absolutely nothing that we can do about it.