Quote from: Labajah on May 20, 2018, 12:06:23 PM

Quote from: BlackRacerX on May 18, 2018, 08:35:35 AM

Quote from: freightjoe on November 19, 2017, 08:51:06 AM

Everyone in here is desperate to convince each other the Bitcoin can only go up and therefore you have to buy and hold.

But when you buy Bitcoin, someone is selling it to you.

Why are people selling Bitcoin?

The knowledgeable people are the ones who are now slowly selling out before the bubble bursts. When you are now buying more and more Bitcoin ("investing" as people in here call it) who do you think you are buying them from?

You are buying from the knowledgeable people who are slowly getting rid of their Bitcoin.

Well, that's how the market works. Someone will buy and someone will sell regardless of their origins and their whereabouts as long as there is someone selling and there is someone buying. If people will think that some big store that sells bitcoin is a thing, then they're not really familiar yet with the market.

we cannot really judge the person selling his or her bitcoin. who knows he or she needs money? we cannot really tell. in the market, is really a buy and sell. bitcoin is just like any other markets. there is no difference.

There could be a lot of reasons for selling bitcoin no one is willing to sell it for no reason, bitcoin is good to hold but some people use to face emergency so they sell bitcoin but I think it is good to keep some spare money with them so at time of need they can use it instead of selling the precious bitcoin, bitcoin is not like other market as selling and buying bitcoin really effect the price which is the reason why I always prefer holding than selling.