I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.
Well, they sold today at at the dip near the $4000 double bottom.
The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.
If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.
because they don't want to lost more money so they sell their coin, it's very normal when you put much money in there and see that news in month by month about cryptocurrency not getting better make you doing the act. But if you still keep some of your money for facing the condition like this you will not being panic and still calm wait a good news in cryptocurrency. So don't spend all your money in cryptocurrency so you can make a good decision in cryptocurrency next day.