@davidgerard A market works with buyers and sellers. If the price crashes a lot of people are selling... I.E. "Cashing Out".
What do you think a price reduction is caused by?
If youβre new to Bitcoin, heed this warning:
- Bitcoin going up is fun
- There will be price crashes
- They can be nasty crashes
- Sometimes 30% in days
- Buy what youβre ok losing
- Hold through the volatility
- Donβt try day trading
- Be patient & breathe
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