Post
Topic
Board Altcoin Discussion
Re: Panic selling! Yes or No?
by
thenameisjay
on 19/11/2018, 02:44:36 UTC
I don't comprehend anything, what's going on in the market now? I trust that the bitcoin course will settle at around $ 8k on the grounds that today I can't help suspecting that such costs won't be long, purchase individuals since that won't occur once more.  Undecided

Frenzy offering incases you don't comprehend is simply offer as only an offer. It is presently called freeze offer since financial specialists maybe are terrified that in the event that they continue holding the coin, it may continue dropping. This sort of offer is generally caused by a negative data against the coin.

How it influences the market is that much individuals start to offer and few or no one makes a request. Thus in light of the fact that there are no requests, no one requests for a purchase, the value continues jumping.  Huh   Huh   Huh

It's partially because of panic selling but what I think personally is the cause of the whole price decline is the huge price spike before. There were less people invested on cryptocurrency back in 2017 before the spike and when it began, the investors skyrocketed and then they started buying and rode the incline. When it peaked, everybody started selling until the price went below the buying price.