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Author Topic: Why do you think people are selling their coins?  (Read 1031 times)

Offline CryptoBlast

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Why do you think people are selling their coins?
« on: January 06, 2019, 01:26:02 AM »
People are selling now because they lack adequate knowledge in cryptocurrency which makes them liable FUDs. Most of these sellers have the intention that crypto is collapsing which really shows lack of understanding in this revolutionary technology.
As a basic lesson, during bear markets, it is smart and good to hold in order to raise the demand level of the coins on the market. When this happens, the market value increases as well. Selling off during bear market only deteriorate the market's value as we are experiencing now.
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Offline Togacity

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Re: Why do you think people are selling their coins?
« Reply #1 on: January 10, 2019, 04:47:06 PM »
This is the reason for which the poor are always poor and the rich always rich (fear of losing). Bill Gate once said "for the rich to be rich the poor have to lose" and that's what is happening. When the market goes down the poor fear to lose their money so will sell them cheap then the rich will buy and keep. When the market goes up they sell it high to the poor as they rush back to buy.

Offline SpoKen

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Re: Why do you think people are selling their coins?
« Reply #2 on: February 05, 2019, 07:12:11 PM »
People sell when they need money for other things and to meet up their money needs. No right thinking person will have a valuable crypto they can sell and then go begging people for money to feed.

Offline Jati

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Re: Why do you think people are selling their coins?
« Reply #3 on: February 12, 2019, 08:25:31 AM »
Many people selling their coin because FUD's,  afraid the price continuing down. Or need for continuing their life to buy something.
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Offline Delgboke

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Re: Why do you think people are selling their coins?
« Reply #4 on: May 17, 2019, 09:10:12 AM »
I think one of the major reason why people do sell their coins is fear that crypto could fall in price and another main reason is because maybe they have some need that have to be solved and they need money so they have to sell.

 

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