Post
Topic
Board Economics
Re: How many people have been panic selling? I didn't.
by
worle1bm
on 26/04/2020, 16:23:54 UTC
I've contacted a few friends who hold like me. They're all very concerned by the huge drop, but none has sold a single BTC.
We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
The rush in panic selling is not much high this time as people are withdrawing their funds only upto a limit to pay for their bills due to shortage of cash in worst scenario that everyone is facing.The prices have not gone much lower and btc cannot crash below $5k as wise people who know the power of btc that it will rise again with great surge after all this is over due to increase in number of digital transactions and masses shifting towards the use of crypto payments.It will help to boost the economies and will be globally accepted with technical improvements so don't sell your whole investments but only a part of it if you need it. The time for rise will surely come.