Yea I'm a bit surprised that so many people are selling
I guess it's the domino effect where a few people selling at around the same time causes the masses to panic sell because they think everyone is dumping
I think a lot of the people who are selling right now got their coins either for free or very cheap. So this process is not all that bad because the coin is flushing out weak hands and those buying at a higher price will not want to sell for less. New floors are thus established, each higher than the last
It's a shame I don't have a lot of BTC to invest atm because now is the time to buy
More for me to buy cheap
agreed, I also bought cheap shopcoin. Expecting to back above 50k soon again.