ADVICE TO EVERYONE HOLDING BTC - page 4.

lionheart78

legendary

Activity: 2954

Merit: 1153

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

This!

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.

OP do you have a buy order at around $3k or less? It is normal to wish that you can buy on that low but no offense I would say that this is just some manipulation since both the media and miners were mobilized to spread FUD plus those who have lots of Bitcoin starting to fake sell their holding just to show that the market is really crashing and then buying at the bottom so when the price kick in, they had maximized their profit. This kind of strategy were used several times but it seems to be never outdated. Though I hope readers won't listen to you OP because it would be their loss.

Piskeante

member

Activity: 924

Merit: 15

you have 3 options.

1º) Believe what important traders, analysts and big investors are saying with data, reasons, perfectly rational and logical + technical Analysis (which is that BTC and all other Alts are going to hell very quickly), so leave selling all and do it fast

2º) Hold, because you've lost a huge amount of money (which is the case of the 100% of people telling to hold in this forum) because you consider , ONLY WITH BLIND FAITH IN THIS SHITTY MARKET, that it will recover eventually and that by no means it will die.

3º) Accept that the market can certainly collapse and you´ll risk the rest of your investment knowing that there is a huge possibility to lose it all.

Faith against Data. Faith against Technical analysis. Faith against market.

If i have to choose, i would say leave now any day of the year. This situation will probably be the end of this market. Please, you have to differentiate between technology and market. They have almost nothing to do with each other RIGHT NOW.

Bharathi13

member

Activity: 368

Merit: 25

The Standard Protocol - Solving Inflation

If you could have suggested about altcoins I could have considered your advice by doing some due diligence, Presently the market condition is very bad & we cannot deny this condition of market. A lot of the investors are holding bitcoin since 11 months in hope of the bull run & due to this price crash if they exit they will be facing huge loss. Its better to HODL it happens in the cryptocurrency market and recovers later, Just wait and watch don't exit in panic mod history will repeat.

JimmyNg90

copper member

Activity: 196

Merit: 0

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

Sound like a big shark calls everyone. I think this is not the right time to sell anymore. It is time to HODL. Because of FUD, everyone always be manipulated. The bigger assets you keep, the more FUD you get.

Kevinatin

sr. member

Activity: 612

Merit: 250

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 fact is that not only large and small traders began to sell. There were rumors that miners also began to sell. This is the last stage. The hashrate continues to fall, but the number of transactions has increased.

Lighthouze

jr. member

Activity: 196

Merit: 2

You can decide to sell and let that stay as your choice and not you're advising any one to emulate. Hodling is best option now except you're in profits, then you're good to go. But those experiencing losses now can't afford to sell now. Hodling through will be the best option now.

kier010

full member

Activity: 532

Merit: 100

people will always listen but don't think that they will do what you said. if people start to sell the price will will go down more so it is better to hold your bitcoin and be patience. crypto is unpredictable so we don't know what will happen the next.

hongus

full member

Activity: 736

Merit: 100

Adoption Blockchain e-Commerce to World

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

This advice from the trader), who wants to buy at cheaper to sell at more expensive. And you are a sly young man. I don't think it's worth selling now.

Vaniaayu

full member

Activity: 476

Merit: 101

to sell now is a high risk but if your prediction is true we are in a safe place, even though we have already suffered a loss

maldini

sr. member

Activity: 952

Merit: 308

I do not agree with the statement that you mean, if you give advice like that it means you are one of the influences that make this a bad market condition. When the market deteriorates I prefer to hold and wait until the market is felt to be below, after that please buy more coins at a low price

l10no

full member

Activity: 518

Merit: 101

some people still hope that next year the market will return to its heyday, but I myself am a little doubtful about the predictions of those who still have hope

acheampong64

full member

Activity: 588

Merit: 100

Well thanks for the advice. It's good to think good about buddies. Anyways people do have the belief still and so I don't think they're gonna leave. Actually, i learnt this is the third time of a great sell off and the percentage decreases each time. Maybe it's over, maybe it's not. It's now a personal decision. Believers still have a great chance though because the market cap is still in billions.

kjnfmplm

jr. member

Activity: 364

Merit: 6

This way, the price will dip even more. Instead of selling from this situation out of fear, you should hold on to that coins and wait for them to gain its ground again. It will not be forever low.

bittraffic

hero member

Activity: 3038

Merit: 617

I would also suggest to sell. In order for this dumps to stop, you have to sell. We have seen how it works even before the pump up to $19k last year, its not going to die though. The war between BCH and BTC is destroying everything here. They will spend billions to destroy BTC and they thought they are winning when its price is still more than a thousand.

torry28

legendary

Activity: 1680

Merit: 1001

Quote from: Asmh85 on November 20, 2018, 07:31:31 AM

Are you still beleive in technical analysis?

Never. Just like the name, it's only analysis a.k.a speculation.

Each people have their own decision, either it sell it now or hold it (or maybe keep re-buy on this opportunity). We can't say OP's suggestion is wrong, maybe the price will keep falling after we have sold our coins. Just do what you think you will not regret in the future

tadpole_bitfrog

member

Activity: 464

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

I think that now we sell, we will lose a lot. After 2 times red surely our market will return to green early and bitcoin will rebound to 6k $ back. Keep holding and do not sell as other investors.

RinkaDink

jr. member

Activity: 71

Merit: 1

consistant dips in the last few days . if you scroll out to 15m per candle you can see that it looks like a freaking copy and paste on the graph , dips look the same as the last dips , 2 big wave followed by a herd of smaller ones.

consistnt bot selling on binance looks like a war there

Asmh85

jr. member

Activity: 182

Merit: 2

So guys! ! Who predict this dip of bitcoin price, many technical analyzers said bitcoin has a strong support at 5800 usd! , Are you still beleive in technical analysis?

cryptotycoon33

member

Activity: 248

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

Selling BTC now would not make any meaningful different to the investor rather than losses, please don't panic sell, be patience the market will recover very soon,the present market downtrend situation is not new to most of us, it will change for better. Thanks

fedben

jr. member

Activity: 230

Merit: 2

XCRYPT

The fact that I'm in a big loss does not mean I'll have to sell my coins now. One houldn't sell when there's a big dip, but all the same, one does not know whether it will just keep falling and falling. I do not just understand the excessive dip in crypto this moment.

Topic: ADVICE TO EVERYONE HOLDING BTC - page 4. (Read 896 times)