Many are selling their coins right now just because the price is dropping. If you ask them why they are selling, they will say, 'The price is going down!'
But in reality, they are scared — they do not understand the market well.
With the terrible news happening worldwide — such as conflicts between different countries (Iran, Lebanon, Israel, Pakistan, India) — small investors are getting panicked and are hastily selling their coins.
But what many do not understand is: big investors (referred to as 'whales') sometimes intentionally sell their coins to drive the price down. Then small investors get scared and sell their coins — which results in a further drop in price.
Then those big whales buy coins at a lower price again. They profit, while those who sold early out of fear end up at a loss.
So just because others are selling, you shouldn't sell too. Prices will go up and down — that's normal. A drop in price does not mean the market has collapsed — that's not the case. Many coins still have the potential to reach high values.
Stay patient, stay calm, do not let fear control your decisions. The next big price surge might be just around the corner.
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