seriously,it's not because they don't believe it or something like that.
it's just they need some money from their holding to use it for their life.
many people in here using their salary as a capital for their trade,and of course if something like this happen,
more likely they will cash out some of their holding,because they need to spend it for their expanses.
so it doesn't mean they don't believe it,everybody have their own plan so nothing wrong with that right ?
and even if they sell it because they fear another 'huge correction' will happen,that's not wrong at all.
many people use their emotion to trade other than their logic.
just take it as an opportunity and we will get what we deserve in the future
so,chill bro
If they need to sell due to expanses and using salary as trading capital means they are using money they can not afford to lose.
This is very dangerous and pretty dumb to do! Probably driven by greed. Just to make a quick buck. I highly doubt these people know what Bitcoin really is about and pretty much don't really care.
And selling due to fear of a "huge correction" is appreciated by guys like me who will gladly pick the coins those dummies will have dumped.
If you only invest with money you have lying on the sideline somewhere, what is doing nothing, you can get in and just hold, no matter what the price is doing.
All the other guys who are panicking and acting like headless chicken with every dump taking place are definitely overinvested.