Why is everybody dumping Bitcoin?

[South Park]

Certainly there are users who believe negative news and sell their coins, but the crypto currency market depends on many factors, and there are big players who, with the help of large capital, can speculatively reduce prices and influence some coins on the market.

Here is the reality of trading crypto, we have to react to a situation, people not follow the panic selling but they follow the current market flow, if the trend is fall dip then sell your assets, hold and wait when the bounce back signal come then back to the market buy asset coins as much as possible is a natural instinct of a trader to make a profit, is nothing wrong with that.

Following the trend is a very basic advice when it comes to trading but it is really difficult to determine when the trend is going to change, that is why those that make that recommendation leave out that part which in my opinion is the most important, how do you know when to invest in bitcoin again once the price is going down? How to know when to sell when the price is going up?

[Wagako]

I don't know why people got panic so easily. People are currently dumping massive coins in the market because of China's action to regulate Bitcoin. What do you think people should do instead of dumping their coins just like that in the market that lead to damage the value of bitcoin?

You know why they dumped bitcoin that is because after dumping it they will took the opportunity to buy bitcoin so that they can earn big profit. After buying they will again hold it and wait until it go up again. That is the strategy of big holders.

[coinluisa]

I don't know why people got panic so easily. People are currently dumping massive coins in the market because of China's action to regulate Bitcoin. What do you think people should do instead of dumping their coins just like that in the market that lead to damage the value of bitcoin?

We cannot blame other people because they have own reasons maybe the others are newbie in the crypto world. Theres a lot of user if bitcoin not all of them are studying about cryptocurrencies so that's why when they heard a bad news they panicking that it will cause of dumping in the market.

[thetruth123123]

It always was and always is and alway will be like this, lol. People are reacting on some big and significant things going on in a world and trying to save their calm lives by gathering what they have

[lifengpu]

just many are afraid that it will not go up and they will not wait for such a price as before and in a hurry they sell thinking that they are doing the right thing and do not notice that they are contributing to the panic

[olia10]

Some people at a certain moment began to panic because of the price drop and thus began to sell quite large volumes of it, thereby triggering a chain reaction of other sellers seeking to do so while the price did not fall even lower.

[lafter]

Because people are scared when the market drops sharply. BTC price increases and decreases like a cycle. People see prices falling and losing money, but whales consider it a great buy opportunity.

[redsun114]

People must learn to behave in the market. Most of those people who drop their coins are newcomers who came for quick money, believing in a fairy tale about wealth. But this does not happen, the Crypto currency market has its own laws, which must be pehfnm and adapt to them.

The last pump has really attracted investors of all kind. Many people just buy bitcoin because they were amazed by its value gaining strength. They didn’t bother to learn even the fundamentals of digital currencies and when the dip arrived, absolutely it was not easy to stick with bitcoin. Many lost trust in it due to lack of knowledge and sold out their asset to save themselves from any further loss.

[Weawant]

People must learn to behave in the market. Most of those people who drop their coins are newcomers who came for quick money, believing in a fairy tale about wealth. But this does not happen, the Crypto currency market has its own laws, which must be pehfnm and adapt to them.

The last pump has really attracted investors of all kind. Many people just buy bitcoin because they were amazed by its value gaining strength. They didn’t bother to learn even the fundamentals of digital currencies and when the dip arrived, absolutely it was not easy to stick with bitcoin. Many lost trust in it due to lack of knowledge and sold out their asset to save themselves from any further loss.

Many people get afraid on the past dumps that's why many of the people get panic for such lose occur if they wouldn't sell their bitcoins at that time but, they surely feel sorry to sell at this rate since bitcoins is gaining some possible momentum and maybe preparing for a good bull run. But we still need to be vigilant on this so that we can secure the possible loss nor profits.

[@theman]

I don't know why people got panic so easily. People are currently dumping massive coins in the market because of China's action to regulate Bitcoin. What do you think people should do instead of dumping their coins just like that in the market that lead to damage the value of bitcoin?

the price of bitcoins today is already increasing and there is no doubt that it will grow continuously until the end of 2018 so keep on holding your coin in order to earn more profit in the next few months.

Bitcoin will grow. I'm sure. By Christmas, you can fix profits and buy some cool gifts for your family

[traderethereum]

because people never learn that bitcoin will still survive in the hardest situations and will rise again someday. they attract to the bad news that makes bitcoin price is down too deep and they only makes bitcoin in the bad situations. but for sure, bitcoin will always survive and more people will support bitcoin because they believe that bitcoin will give a good result in the future. I hope that in the future, people that dumping bitcoin price will realize about this and they will regret their decision to do that.

[Fasunathan]

because people never learn that bitcoin will still survive in the hardest situations and will rise again someday. they attract to the bad news that makes bitcoin price is down too deep and they only makes bitcoin in the bad situations. but for sure, bitcoin will always survive and more people will support bitcoin because they believe that bitcoin will give a good result in the future. I hope that in the future, people that dumping bitcoin price will realize about this and they will regret their decision to do that.

I agree, bitcoin will survive no matter what the government will do to kill bitcoin. People that easily give up their bitcoins during dip don't deserve to be in the crypto world. We should be used to this situation because volatility is the main characteristic of bitcoin and you should have a nerve of steel to withstand that.

[umar22pk]

Agreed with you most of new in the crypto world who are dumping bitcoins, but its normal in this condition because they got panic that what’s happening?

I’m hoping they will never repeat this mistake in future as they look at bitcoin rising graph again.

[Sab11]

I don't know why people got panic so easily. People are currently dumping massive coins in the market because of China's action to regulate Bitcoin. What do you think people should do instead of dumping their coins just like that in the market that lead to damage the value of bitcoin?

Its just normal to those people gets panic easly, because i think they are too afraid to loss thier money, we should not blame they because they are free to make a decision, My advice too them is be patience market is not down forever, better to think twice before deciding.

[Zabrielle]

Maybe because bitcoin cannot raise the price back just like last year. They all get discourage about its status now. I dont know why they easily give or panic about. It is part of a business.

[BitcoinTurk]

I don't know why people got panic so easily. People are currently dumping massive coins in the market because of China's action to regulate Bitcoin. What do you think people should do instead of dumping their coins just like that in the market that lead to damage the value of bitcoin?

The answer is actually quite simple. Big investors, whom we call whales, are starting to dispose of their existing volume at high prices. Later, the amateur and ignorant investors who see the price drop are immediately succumbed to loss feeling and start to panic sales. In this way the price has once again fallen and the whale is making more Bitcoin purchases with the USD reserve. In this way, first profit is based on BTC, then price is moving upward again, and extra profit margin on USD basis is obtained.

[onecall123]

Maybe because bitcoin cannot raise the price back just like last year. They all get discourage about its status now. I dont know why they easily give or panic about. It is part of a business.

Exactly like that. Today's picture of Bitcoin that markets are manipulated by whales and those shit institutions. This is pretty enough couldn't go the next level and due to the reason Bitcoin turn the downtrend line. Noobs are affected as always, however this is good for ctypto industry.

[traderethereum]

because people never learn that bitcoin will still survive in the hardest situations and will rise again someday. they attract to the bad news that makes bitcoin price is down too deep and they only makes bitcoin in the bad situations. but for sure, bitcoin will always survive and more people will support bitcoin because they believe that bitcoin will give a good result in the future. I hope that in the future, people that dumping bitcoin price will realize about this and they will regret their decision to do that.

I agree, bitcoin will survive no matter what the government will do to kill bitcoin. People that easily give up their bitcoins during dip don't deserve to be in the crypto world. We should be used to this situation because volatility is the main characteristic of bitcoin and you should have a nerve of steel to withstand that.

yeah without volatility, I am not sure that we could make any profit at all and I think there are not too many people that could stay in the cryptocurrency. but if the volatility still exists, we can have a hope so we can make a profit and we can do this over and over again. people selling their bitcoin is only because they cannot hold their bitcoin for a longer time and they don't see that the bitcoin can increase in the future so they decide to sell their bitcoin to get their money's back but unfortunately, their money will decrease too.

[imstillthebest]

yeah without volatility, I am not sure that we could make any profit at all and I think there are not too many people that could stay in the cryptocurrency. but if the volatility still exists, we can have a hope so we can make a profit and we can do this over and over again. people selling their bitcoin is only because they cannot hold their bitcoin for a longer time and they don't see that the bitcoin can increase in the future so they decide to sell their bitcoin to get their money's back but unfortunately, their money will decrease too.

yeah without volatility, I am not sure that we could make any profit at all and I think there are not too many people that could stay in the cryptocurrency

of course we can still make a profit even if without the volatility because there are lots of jobs online that pays in bitcoin and they dont actually need a capital in order to start however you only need to offer your time and patience as a form of capital in order to do the task.

people selling their bitcoin is only because they cannot hold their bitcoin for a longer time and they don't see that the bitcoin can increase in the future so they decide to sell their bitcoin to get their money's back but unfortunately, their money will decrease too.

no ,thats not true. People only sell bitcoin because they need the money. that is the main reason why people do sell their bitcoins and not because they are impatient or cant hold any longer. Selling your bitcoins does not really mean you will loose because almost all the people who sell their coins are always earn a profit .

[rimueng agam]

Most of those who dump bitcoin because They are afraid of bitcoin price drops and they are afraid of losses, but it's only a country trick that disagrees with the bitcoin and they provoke the bitcoin price down so there is no demand anymore.