I don't know why did he panic selling 8 k to 5 k price should not be 10 k? Should be steady growth rather than falling
It is because of the FUD posters here.
'
and whales accumulating.
some of the people here must be seriously new to crypto, expecting 2k,3k,4k daily floor rises. Crypto is volatile. Its a roller coaster ride. If you know the coin has true value, HODL it and watch value go up in time. Dont expect some scamcoin Pump & dump straight shot to 20-30k. If you want to panic sell, then go ahead and put it straight to my hand at these never-again cheap prices as Ive still got about 4.7 BTC I want to buy MIN with.
"oh no...why is my coin dropping? Shouldn't things only ever go up,up,up?!? time to panic sell now and buy back in at 3x the price later!" -crypto noobs