Post
Topic
Board Speculation
Re: Won't people sell it ?
by
rainezerr401
on 09/06/2018, 18:10:46 UTC
As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Obviously when the market price will increase into a very huge amount then probably they will sell it immediately but some of the traders in the market are too greedy and they prefer to wait for the higher price which sometimes leads them not to get profit because the price might go down any time sooner.