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well I'm just generalizing about assets in general. I don't believe in Bitcoin but I want to know who are selling these Bitcoins in large numbers?
by christiansakai 6y ago
well I'm just generalizing about assets in general. I don't believe in Bitcoin but I want to know who are selling these Bitcoins in large numbers?
- brokencode 6y agoAs mentioned in my previous response, many investors will see the recent spike and decide to sell to lock in their profits, since the investment is extremely risky and could crash at any time. When an investment goes up hundreds of percent in a single year, that raises a lot of red flags amongst many investors about the potential for a crash. This type of gain is just not normal in investing.
- shoshino 6y agoAnd when it goes up 1000% every 4th year, other investors notice too :D