However, the price of Bitcoin has been relatively stable for the past few months.
many people who have invested in Bitcoin for the last 10 years or have been investing regularly are selling it at this time. Maybe that is why Bitcoin is available in the market.
You are very funny and it shows that you are a newbie from you statement above. Bitcoin is a commodity and will always have people who are buying and selling. Traders and hodlers keep the network going. However, new bitcoin are always been minted after every new block is mined and miners sell those bitcoin to cover some cost. Bitcoin will always be available in the bitcoin, it can only be getting more expensive overtime because people will always sell for one reason or the other.
I feel people sometimes overthink the whole old investors selling part.. The truth is, Bitcoin has always been about movement, from one wallet to another, from weak hands to stronger hands.. It does not mean it suddenly becomes plenty or cheap just because some early holders are cashing out.. In fact, that is exactly how the market has worked from day one, miners bring in a small fresh supply, and the rest is just people exchanging value.. What most people don’t realize is that Bitcoin’s supply keeps tightening every halving, so even though coins are changing hands, the overall scarcity is what gives it weight.. When someone sells, another person is willing to pick it up, and that’s why it is still standing strong after all these years, regardless of who exits..
To me, selling isn’t a weakness at all, it’s actually the reason the market breathes. If nobody ever sold, the whole thing would be stuck and there would be no price discovery.. Different people have different needs; some panic, some want to secure profit, and some simply don’t believe enough to hold long term. But the beauty is that all those sales give space for new believers to step in. Over time, the ones who stay and keep holding through the noise end up with a bigger piece of the pie, while the quitters miss out. That’s why, no matter how many dips or corrections we see, the bigger picture keeps pointing upward..
Yes, you are right, if you do not sell, the Bitcoin would have been stuck. However, the forum always advises that no one should sell at a loss. Do not let go before reaching the investment plan. New investors most of the time sell their investments at a loss. They think that the market price may not increase anymore. But at the end of the cycle, it increases again. But only they lose their investment. Basically, they withdraw before reaching the goal they have in mind when they invest.
Regardless of the market price, an investor should not sell his investment at a loss. Suppose you bought a land. The price at which you bought the land decreased further after a few days. Now you will sell it at a loss, or keep the land and wait for the right time for the price to increase. It would not be wise for those who have invested in Bitcoin to sell their investment at a loss.