jubayerjb25
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December 23, 2017, 04:37:33 AM |
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Ethereum and bitcoin is risky to hold because of their volatile price feature. Though the price was decreasing yesterday but today it is increasing that's why After investing in any coin like as BTC or ETH, it can go way back down anytime in market value that's why have to Just monitor the coin first before making any decision and also have to keep patience.
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Victorycoin
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December 23, 2017, 04:48:28 AM |
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No, I don't think everyone, BTC reached a decent pricing point to sell though that might be why people are selling, not specifically because the coin will collapse
Of course everyone cannot be willing to cash out the same time but if a large number of people start to sell their coins, we would eventually get to a point where the supply of the coin would exceed its demand and laws of Economics states at such a juncture price would drop. People basically take profit at this time of the year for various reasons and some simply unfold their holding to mark the end of their trading for the year. Be that as it may, a knowledgeable trader should be able to see the opportunity in it instead of panicking.
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Usafstar
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December 23, 2017, 04:48:49 AM |
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Yes now i want to sell my coin to cash out for now i have need of some cash for that i want to cash some of my altcoins and i will try to cash at that time when the price become high. for now the altcoin is growing and those who have large reserve of these coins i think they are the rich people because the prices are increasing now.
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AVAMONEY
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December 23, 2017, 05:08:03 AM Last edit: December 24, 2017, 07:55:34 PM by AVAMONEY |
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Yeah the Christmas cash-in
I don't following panic sell. Selling bitcoin can happen anytime, but it has nothing to do with christmas time. Could be because of the holiday trend so some people want to find safe by selling bitcoin for a while, then after the holiday time they will buy bitcoin in large quantities.
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sheryl26
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December 23, 2017, 05:14:55 AM |
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Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
Maybe a lot of people today are cashing out because the Christmas day is coming and they all need money and look at the value of those coins not just bitcoins but almost all those successful coins are getting red in the market and i am getting nervous because all of my holdings are red in the market and i already loss a lot of money that i should have but i choose to trust them because that is the best thing i can do to trust them and i hope before this year ends their value will be worth expensive again as they are last time.
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Coyoteerex09
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December 24, 2017, 02:15:32 AM |
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Well I think the correction time was over, and cashing out right now is not a good idea. Better hold the coins and wait for another dump before selling.
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Bren Briones
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December 24, 2017, 02:52:08 AM |
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Maybe relying with my peers, maybe it is just because of the holiday season wherein they needed some budget increase so they had to widraw some in their account. No need to be allerted, it is just normal.
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Saif Mughal
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December 24, 2017, 02:56:27 AM |
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NOt everyone just few people are cash out Christmas festival because they need cash for given gifts and other else
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cryptogeek101
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December 24, 2017, 03:11:04 AM |
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Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
It was not necessary a cash out. I think there was a sudden major correction in Bitcoin price which resulted in a significant drop in price. However after the correction the price of Bitcoin will sour higher again like an eagle. Though some inexperience investors did panic and sold some of their portfolio thereby resulting to great cash outs.
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Golftech
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December 24, 2017, 06:20:31 AM |
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Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
It was not necessary a cash out. I think there was a sudden major correction in Bitcoin price which resulted in a significant drop in price. However after the correction the price of Bitcoin will sour higher again like an eagle. Though some inexperience investors did panic and sold some of their portfolio thereby resulting to great cash outs. Well big holders might be playing around and doing their stuff, I'm not sure if this just a correction or a holiday rush where holders are cashing out for their holiday expenses better to stay away from the trade, you might lose your money if you play with bitcoin as movements isn't showing good for us right now.
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carrie_white
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December 24, 2017, 07:46:34 AM |
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chances are that people are cashing out as they approach the Christmas holidays, which must be very much in need of money to meet Christmas needs, so that's why people change their coins to cash
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sarfwr
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December 24, 2017, 08:14:01 AM |
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Hh, maybe it's Christmas time. People need to sell some tokens to buy Christmas presents. Jokingly, it's a normal call-back, because this month's rally has been too much.
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maman09
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December 24, 2017, 08:18:44 AM |
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Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
no, I guess what happens in the market is a natural thing. and I do not think it's necessary to panic, now the market is back to normal. even some altcoin is being pumped.
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kz06
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December 24, 2017, 08:21:46 AM |
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yup the Xmas & New Year Cashing out people makes market empty. EG. if they cashing out 10. they will earn 4 in these days with 10 and put 14 back in to the market, market will be strong again soon like in early 2018.
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Chinatsu Akasaki
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December 24, 2017, 08:23:19 AM |
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Not totally everyone is cashing out. But yes, there is a large cash out. This is happening because of Christmas and the upcoming New year. There is no need to worry. This is just normal. The prices of cryptocurrencies will increase again because investors and traders will grab this opportunity for sure. They will buy as many as they can.
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puremage111
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December 24, 2017, 08:25:31 AM |
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Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
Its hard to declare if they actually cash out or just create selling pressure. But definitely that forces weak hand to actually went out of market. Whales then get in back after a drop and it repeats
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joselitobayagbag
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Augmented Reality World Discovered
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December 24, 2017, 09:37:07 AM |
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Like what forex and stocks are experiencing crypto market also does a christmas cashouts.
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Butchick
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December 24, 2017, 09:42:02 AM |
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Probably yes, i believe there are numerous people cashing out. Other than the obvious reason, which is the holidays, it is possible that a kot of people are cashing out due to bitcoin value going down over the last few days. I think some people are panic selling because of the fear that they will eventually lose their investment.
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makuhpal
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JOIN THE NEXT MEGATREND IN CRYPTO
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December 24, 2017, 09:43:00 AM |
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Yes ofcourse,christmas is coming and many people needs cash for their presents.
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imstillthebest
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December 24, 2017, 09:47:18 AM |
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Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
no not all people are cashing out, there were still die hard hodlers and investors that are still holding like a pro because they still have enough cash on their pockets to able to spend this holiday seasons although majority of people are indeed cashing out and withdrawing their coins because they need to prepare for the christmas eve and new years eve. they cash out because they need to buy gifts and grocieries for ingredients and also to buy fireworks and pyrotechnics.
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