Because they have made a cool milion and are taking profits
Sooo much gains
Panic selling, FUD, weak hands, the world economy, etc.
No market experience...Reacting to the market and getting shaken out. When your new, you associate market movement with a coin actually being good or having value...or in the case of downward movement you think it means something is wrong. A few times of selling the bottom and watching your coin double after a dip, and you stop doing it (or you try to at least)
The more you have the harder it is too hold when the price goes down
You've got it backwards, when price goes down you hold that shit, when price moons, it's hard to keep from selling. Doesn't matter how much ya have.
I think he’s referring to panic selling, or atleast when people have doubt in the project because it dropped 56% and they fear it’s going to $0.
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