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Author Topic: Why people dump their Bitcoins ?  (Read 9299 times)
stromae
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May 24, 2018, 10:47:21 PM
 #461

They dump because of panic selling and also not seeing any potential anymore is the system. One of the main factor is the mainstream media who actually disorients the people on what the cryptosystem really is. Anothet thing is that it also becomes a platform spreading fud causing the holder to react.

They get affected by the market actions which are bearish at the moment. They take decissions quickly and they can't foresee the possible results of their decissions. That's a fact makes people dump their bitcoins.
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May 25, 2018, 12:03:37 PM
 #462

If you mean dump by selling and not buying back, then that's just normal for someone who's been holding in a bear trend for over a year.

Shorting on the other hand is a good way to protect the value of your portfolio.

Other reasons include businesses or profitable traders who just sell their profits for fiat.


Yeah its true my friend.People got dump their coins because they are confused that what if they dont dump right now and the bitcoin value will decreasing,they make their bitcoin secured and already converted to fiat so that the regretion will never been happened.

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