Post
Topic
Board Economics
Re: Why people dump their Bitcoins ?
by
alfs75
on 24/05/2018, 00:13:21 UTC
In your opinion what are the reasons that let someone start dumping his bitcoins and walk away ? 
I personally (and this is just my opinion) that it's more panic then simply his need of money or something else , as we saw on the BitcoinXT last time , people started to panic and simply sold their bitcoins and that caused a drop in the price .

Mostly people now thinking to dump there bitcoin due to panic  or in FUD situation,happen now in crypto market that all digital currency coin is  in red flags,therefore as a investor when he saw what situation the spikes data of all coins in coin market cap he began to panic and want to  secure his small amount of portfolio,in order to survive his capital,so they change it  back again to traditional currency and payback later if the situation in the block chain market back to normal.