Why do people sell their Bitcoin due to fear of the current drop in price. Do They feel the price will drop further and never go up again ?
There are different reason for individual to sell their bitcoin such as:
-Profit taking, maybe they already bought below current price.
-Panic selling, this is common for newbies who dont have experience.
-Form of salary or compensation amd selling whatever price bitcoin hits.
-Selling and buying for other coin or altcoins. Shifting priority.