Bitcoins just not only in price hike. As network and hashes needed Bitcoin value was unpredictable. Why people panic? because maybe they invest too much in some sort of event somewhat good.
For my opinion it is normal for a person to panic or discourage if they lose money, but as a business person expect that if you invest you risk you own money.
Topic: People panics because the price goes down. - page 5. (Read 620 times)
It is true that Bitcoin price goes down because of those people who dump their Bitcoin stash. Whether they are weak hands or not, the fact that the supply increases and demand cannot cope up with the upcoming supply makes the price decrease. Aside from that, it is worsen by the weak hand who aggressively sell their holding eating buy demands down.
Actually it is a natural of human being is that they can't see the good of anything. they can't even feel that the thing is may be good for them. here Bitcoin is a blessing for us .but I don't know why the whole world has fallen behind Bitcoin. why?? because only the price of Bitcoin Has Fallen ??why would this happen? the price of Bitcoin can fall,and again rise !what's wrong!! I don't know why ..yes you are right people panics because the price of Bitcoin is falling down.but I think they are being influenced somehow... but if it continues I think everyone will have to pay for that.
Most of those countries are banning are failed to regulate the bitcoin transactions and they are worried they are losing tax money on these investments and also worried that this money may be used for illegal purpose. But old investors are not worried about this news because they know that all these issues are for temporary and its prices will again go up. Only the new investors when they see prices going down by 10% in a day they may sell in a panic. I'm in crypto investments for a long time so not worried about short-term fall and I always look for long-term benefits.
I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?
Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.
For you guys this is true? and why?
If they are new to Bitcoin then there are more chances that they will react to every news that they can read about Cryptocurrency regardless if its negative or positive news. Worst move they can do is to sell their coins in fear of price to go down further. If only they research further on the history of Bitcoin, it has always been a roller coaster ride so there's no need for panic. Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.
For you guys this is true? and why?
I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?
Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.
For you guys this is true? and why?
Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.
For you guys this is true? and why?
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