Ask leo: what are instances or situation that determines the sales of crypto currency?

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The main reason for investors buying crypto or holding crypto currency is for them to get positive returns from it I.e profit or wealth maximization.
An investor needs to be creative enough to turn unpleasant situations in investments to pleasant ones. If a plan A is not working out, there should be a plan B.
Most times, investors buy crypto currency when the price is very low during a bearish market and wait till the market turns bull to make profit by re selling. There are other ways to dispose your already acquired crypto currency.

Situation or condition that determines the sales of cryptocurrency investment of an investor

This situation can be categorized into two parts

  • The pleasant situation
  • unplesant situations
    Under the pleasant situation we have the following
  1. Bull market : this is the situation when things are fine and profit is in increase with cryptocurrency asset at this time there are more profits in the cryptocurrency investment and many Investors maximize their profit in a time like this
  2. Diversification into some lucrative business or token that has potential of increasing in price at this time investors decide to sell their crypto in other to aquire some token that may increase later in the market in other to maximize profits.
  3. Creating space for another Investment or investing into another business entirely,this may be as a result of thinking of having another business entirely from the present one you are into and trying to make money from another business like realestate and property which is also a very good investment than create profit maximization.

The unplesant situations that can lead to a sale of crypto investment

  1. The bear market this is a situation where by the cryptocurrency investment is in a bearish situation and investors think there is no hope of recovering anytime soon this may trigger the action of the investor to sell at all cost even without making any gain.
    2.FOMO fear of missing out
    The fear of missing out (FOMO) is an emotional response to the belief that other people are living better, more satisfying lives or that important opportunities are being missed. FOMO can leads to feelings of unease, dissatisfaction, depression stress and can prompts different kind of action in cryptocurrency investment including PANIC
  2. Personal situation like distress debt settlement is also another factor that could Lead to selling of cryptocurrency investment at anytime,
    maybe the investor is in a tite Conner to pay a debt urgently he or she may decide to sell at all cost in other to settle the problem .
  3. Health conditions:this situation could also lead to a sele of crypto investment at any point in time if an investor or a close relative is having health issues one might decide to sell to treat his or her self or the relative in the situation,
  4. Speculations fake new : this also can lead to selling of cryptocurrency investment at anytime due to fear or panic about what someone have said about a particular crypto or token especially the social media fake news or a statement made by a well known personalty like Elon musk's, bill gates, etc their statement on any cryptocurrency investment could create an unnecessary pressure or panic positively or negatively on a particular token or cryptocurrency mentioned by them and this could also lead to selling of cryptocurrency investment at anytime.
    Like i said their are different situation to each Investors and sometimes all this situation may be general or personal depending on what he or she is going through at a particular time .

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