Quote from: michellee on May 27, 2018, 10:26:40 AM

Quote from: wildflower18 on May 26, 2018, 04:09:31 PM

Quote from: krampus854 on May 26, 2018, 03:50:10 PM

More red days than to green I believe because there are so many people that are now selling their bitcoin some of them are using bitcoin as a bank and when they heard that bitcoin is decreasing they panic selling it and the value decrease more because they've just sell it more.

Yes panic selling contributes on bitcoin to become in red. I think also of less demand that makes price going down. If we check the market price of bitcoin turns in green and red. If you are a long term hold you are keep calm in these down market.

and this is why the reason for the price is getting down too deep because too many people selling their bitcoin without thinking what they did is not good for bitcoin price. maybe if they can hold their bitcoin and only wait for the price is increased back, then its not makes the price going down too deep and I am sure that the price will be recover.

More greedy people were always thinking for quick profit and selling is their motivations in trading. They won't think for the best price of bitcoin, all they think is their own life. Its like a person whose lazy, kept on spending their money for non sense. Just like how I view those traders who kept selling their holdings when there's a few percentage which the price could pump. I am hoping that if the people who bought btc at lower price, they must be holding it longer terms and never listen to FUD's and rumors.