Quote:
Originally Posted by Mr Carrots
What blows my mind is WHO is cashing out now? Unless they bought in years ago it seems insane to cash out in a bear market
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People who jumped in looking for quick wins and either used credit or money they actually couldn't afford to loose are cutting their losses and getting out.
People who think the bottom is still below us and have intentions to buy back in when BTC drops below $6k are cashing out.
ASIC Miners, botnets, and merchants who use crypto as a revenue stream but don't want a bar of the volitility are cashing out.
Those who can afford to HODL are HODLing.