ADVICE TO EVERYONE HOLDING BTC - page 2.

olubams

hero member

Activity: 798

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Quote from: xhibit1 on November 20, 2018, 05:46:53 AM

Firstly, i am not a financial Advisor but please do take this tip seriously. BTC has gone all the way down from $6k to $4529 this morning. People are in great loss. so to avoid further losses. sell now.. i believe some people will listen to me

If everyone should sell now, it means the price will fall further. Also, its more conflicting as for anyone to sell, it means someone is ready to buy with the aim of profit and following your advise, if this trend is maintained, we are seeing another epic bloodshed. Its true that its very hard to hold at this point that every logical suggestions point to the direction of selling but iit depends on what individuals can absorb as losses then decide the next course of action.

matico

full member

Activity: 504

Merit: 100

The Standard Protocol - Solving Inflation

Your advice is wrong in many respect, selling does not absolve you of loss instead, you become sad as a result of srlling the market that is not truely bad! What is happening with bitcoin is still a matter of volatilty and Fud! Get yourself together and hold if you evet need to make profit!

Adriano2010

hero member

Activity: 1414

Merit: 516

I not recommend selling bitcoin now, i will still hold because i think we can see a good grow in future, but people who have bitcoin will do what they want with their coins. Let say i buy bitcoin at 6300$ and now if i sell i'm in a loss, but if bitcoin grow i can recover investition and make some profit, if price still stay down i will wait because i'm sure will go up.

proTECH77

member

Activity: 1120

Merit: 30

Bisq Market Day - March 20th 2023

Quote from: xhibit1 on November 20, 2018, 05:46:53 AM

Firstly, i am not a financial Advisor but please do take this tip seriously. BTC has gone all the way down from $6k to $4529 this morning. People are in great loss. so to avoid further losses. sell now.. i believe some people will listen to me

The loses has be incur already, what is the essence of selling? The only thing good about this deep is for us to buy from the deep market and hodl and sell when the bull run start. Your advice rather should be the other way in the world of cryptocurrency; hold when there is losses and sell when there is gain.

Fredrosam

jr. member

Activity: 350

Merit: 4

Quote from: xhibit1 on November 20, 2018, 05:46:53 AM

Firstly, i am not a financial Advisor but please do take this tip seriously. BTC has gone all the way down from $6k to $4529 this morning. People are in great loss. so to avoid further losses. sell now.. i believe some people will listen to me

in my opinion you can doa lot of thibgs and ypu need to understand taht learning shoyld be the first thing you do

Adunni6758

jr. member

Activity: 420

Merit: 1

Quote from: xhibit1 on November 20, 2018, 05:46:53 AM

Firstly, i am not a financial Advisor but please do take this tip seriously. BTC has gone all the way down from $6k to $4529 this morning. People are in great loss. so to avoid further losses. sell now.. i believe some people will listen to me

I do not expect a true financial advisor to talk this way and i do not see the advise as a good one. As a matter of fact, if anyone dears listen to this advise and yield to it, he or she might latter blame himself. The price of btc is already low, as a matter of fact, if there will be more dip, i can't be too far from this. So why the haste in selling?. The price will pick up again. That is my submission.

chokomenia

member

Activity: 364

Merit: 10

take & Vote or Become a IoTeX Delegate!

I have a question for you, if everyone is to sell their bitcoin and altcoins, who is going to buy them? or the coins will buy itself?

cryptolord2077

full member

Activity: 1078

Merit: 110

Quote from: passwordnow on November 20, 2018, 05:49:29 AM

I wouldn't urge everyone to sell at this dip. I'll suggest the other way, instead of selling, go buy more!

This is what you do when too many people are scared of the market now and is in panic. Don't ride the panic selling, instead buy with confidence.

This is a huge benefit that generates the panic that swept people now. Those who find the means and buy even more bitcoins will remain in a huge win in the future. The distance of this event is not known, but I would take such investments as medium-term duration of 1 year.

zerocashdev

full member

Activity: 392

Merit: 100

I also think that you need to sell because the market is absolutely unpredictable and therefore you need to move with the market and not hope for the long term, that is, start trading and make first money with small deposit and than increase your capital Roll Eyes

AgentZero23

member

Activity: 644

Merit: 10

Quote from: xhibit1 on November 20, 2018, 05:46:53 AM

Firstly, i am not a financial Advisor but please do take this tip seriously. BTC has gone all the way down from $6k to $4529 this morning. People are in great loss. so to avoid further losses. sell now.. i believe some people will listen to me

The price of the bitcoin is going to fall and many investors and ICO's are losing money. But some are buying more likely the institutional investors are now accumulating btc and other alt coins. This is the time to fill your bags when the price are cheap.

soundrum

copper member

Activity: 140

Merit: 1

Your advice is for the weak like you, selling as it is now will make the market to dip further and it will not be good for anyone. Instead of advising people to sell while not tell them to buy more. Buying more is the right thing to do and those that have the courage to do so will smile in some time to come.

none of us

copper member

Activity: 210

Merit: 0

i just do not understand why it goes even further down with the prices. just a few days ago, i thought we had reached the bottom and now the prices continue to fall. that scares me somehow.

prashanta

copper member

Activity: 728

Merit: 250

I also suggest everyone to hold BTC.It is not the perfect time to sell.It may reduce its price but normally it will cross $7k-$8k. So hold on time will come.

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Quote from: xhibit1 on November 20, 2018, 05:46:53 AM

Firstly, i am not a financial Advisor but please do take this tip seriously. BTC has gone all the way down from $6k to $4529 this morning. People are in great loss. so to avoid further losses. sell now.. i believe some people will listen to me

LOL That is not a popular advice. I know you said you are not a financial advisor but I am curious to know where do you see bitcoin price going in the coming days or weeks? I believe those who will listen to you would also like to know.

tanvir232

member

Activity: 252

Merit: 10

So, you are asking people to buy sell BTC in dip and buy the ATH. How fool you are man. Why should someone buy it higher price? For feeding the whale? Well, that's what is happening though. There is no means of selling BTC at this lower price since it will recover again.

sourish

full member

Activity: 532

Merit: 114

Panic selling is always a bad idea and mostly a srategistic ploy, so just ignore the furor, and use your own instincts.

Piskeante

member

Activity: 924

Merit: 15

Quote from: letyouearn on November 20, 2018, 01:22:23 PM

The silliest thing holders can do now - is to sell. And then try to buy BTC higher. Buy low, sell lower, right? Or did I miss something?

Now it's time for panic hodling. Survival of the toughest

that's considering the market will grow. But what if the prices go down and never ever recovers???In that case, selling at current prices is a good choice.

letyouearn

legendary

Activity: 1722

Merit: 1014

The silliest thing holders can do now - is to sell. And then try to buy BTC higher. Buy low, sell lower, right? Or did I miss something?

Now it's time for panic hodling. Survival of the toughest

Kamidzy7

jr. member

Activity: 336

Merit: 1

Keep till the last,since it is unclear when growth will be when he goes all will be well,I'll tell you one thing that if we sell it then when through 1-1,5 years.... shoot,you are very game about it,so the choice is yours,think for the future and look to the future,so it will be svetlee

macit800

member

Activity: 322

Merit: 40

“The Premier Digital Asset Management Ecosystem”

If you do not need money and have not putted a stop loss then I do not understand why you advice that people need to sell immediately their bitcoin holdings. It is buy low, sell high..

Topic: ADVICE TO EVERYONE HOLDING BTC - page 2. (Read 896 times)