Post
Topic
Board Trading Discussion
Re: Why Do People Dump Their Precious Tokens With Ridiculous Low Price
by
GayOfThrones
on 30/09/2018, 00:35:56 UTC
As a natural deal in the market, sellers always want to sell high and buyers always want to buy low. But the reverse seem the case with those sellers who dump their Crypto coin or tokens for some very low and ridiculous price. Thus that's not a natural market deal. What really is the reason why people dump? Have they got enough crypto gains that they need no profits no more?

It is by now clear that in this cryptospace the normal pattern of behavior of investors are amplified in an extreme way, almost insane. People believe that assets either "go to the moon" or that they get "dumped to zero". And their beliefs become self-fulfilling prophecies.