Anyone else is going to hold while people try to short the halving?

pereira4

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Quote from: Nahl on July 05, 2016, 01:47:53 PM

too many high expectations during this halving and if everybody decide to holding all their bitcoins and waiting untill the halving to sell it i think we going to see panic selling and the prices also will be dumped and for me if they believe short trade will good for them leave it as it is and for those who believe long term good for you be assured with what you're doing

Panic sellers will get burned to death because we will keep going up after the correction, so all the panic sellers will have no bitcoin on their hands and all they will have is deprecated fiat currency that will keep going down in purchasing power while in the big picture bitcoin is the best performing asset for 5 years straight now.

romero121

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Everytime one can't taste success alone, often needs to taste failure, only then the success part gets strong due to the learning got through the losses. In my view even $650 is a good price to profit but I've targeted a price to sell. When price reaches specific amount will sell it without considering the falling days growth.

Cozynunu

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Quote from: Bitcoinsummoner on July 05, 2016, 12:58:09 PM

Quote from: CrackedLogic on July 05, 2016, 12:51:06 PM

Quote from: ~Bitcoin~ on July 05, 2016, 12:22:57 PM

I have also holded last time when price went up to 800$ recently but it hardly get dumped to sub 550$ so i feel very sad as i could have sell at 800 and bought back at 550$, that was a great swing. So if price again reach 800$ before or after halving, i will be sorting almost all of my coin. That is my shorting price for the time being.

Its good for traders but as an investor I will hold my coins for $1200 or higher,pump will happen after few months of halving as we have seen in 2013.

Thats a good idea but we don't know if the price will hit again at that price but if we are lucky to see that price i think its a minute that we will see it in the market and better to ready your coins to convert.. so that you will not late to sell it

Some times it are always the same people who are getting struggles because there are always people just holding their coins but not even know that is the baddest thing you could
ever do so if they try to short the halving i dont think so are they keeping the price low yes!

Herbert2020

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Quote from: pereira4 on July 05, 2016, 10:56:15 AM

I see all those people saying how they will try to short the market. I think this is a very stupid idea. You sell at 750 thinking "well that's it", by tomorrow when I wake up, we will be correcting hard at 600s again".

But then, you wake up and price is 850 and you feel suicidal.

That's why it's better to hold. With Bitcoin, you NEVER know where the ceiling is. Nailing is being lucky, and I don't want to rely on that much luck, I value my bitcoins too much to gamble them like that.

this risk always exists in bitcoin market and it also works both ways meaning it can also go down the next morning you wake up and feel suicidal if you have bought the previous day so if you can't handle the risks then you shouldn't trade at all.

but in general i am a long term hodler so i won't just sell in these low prices Cheesy

Edwardard

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i will not sell my coins just after the halving. i will wait a few more months to see what happens. because price cannot sky rocket in one halving day. so yes its better to hold your coins for long term to enjoy good profits.

pooya87

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when trading you have to learn to accept losses too. but also this doesn't look like a loss it is missed opportunities and since we can't see the future we will always miss a lot of opportunities and there is nothing you can do about it.

The Sceptical Chymist

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A lot of folks here like to swing their flaccid micropeckers and call themselves John Holmes. Doesn't mean diddly squat. I would say the loudest talkers of short action should page Dr. Freud if you know what I mean.

hermanhs09

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It's pretty annoying when you sell at a low price when there is a bear trap around. So my plan is simply holding the coins as long as I can until the price is at an unsustainable level and then dumping it.

Halving is going to be epic

MatTheCat

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Quote from: Flomess on July 05, 2016, 01:11:52 PM

Shorting like that is a quite good way to lose money i guess.. "the trend is your friend", right?

Until it reverses, hard, and right in your face.

Nahl

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too many high expectations during this halving and if everybody decide to holding all their bitcoins and waiting untill the halving to sell it i think we going to see panic selling and the prices also will be dumped and for me if they believe short trade will good for them leave it as it is and for those who believe long term good for you be assured with what you're doing

Flomess

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Shorting like that is a quite good way to lose money i guess.. "the trend is your friend", right?

Bitcoinsummoner

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Maintain Social Distance, Stay safe.

Quote from: CrackedLogic on July 05, 2016, 12:51:06 PM

Quote from: ~Bitcoin~ on July 05, 2016, 12:22:57 PM

I have also holded last time when price went up to 800$ recently but it hardly get dumped to sub 550$ so i feel very sad as i could have sell at 800 and bought back at 550$, that was a great swing. So if price again reach 800$ before or after halving, i will be sorting almost all of my coin. That is my shorting price for the time being.

Its good for traders but as an investor I will hold my coins for $1200 or higher,pump will happen after few months of halving as we have seen in 2013.

Thats a good idea but we don't know if the price will hit again at that price but if we are lucky to see that price i think its a minute that we will see it in the market and better to ready your coins to convert.. so that you will not late to sell it

RodeoX

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The revolution will be monetized!

Naked shorting is a good way to lose your shorts and find yourself naked.

CrackedLogic

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Quote from: ~Bitcoin~ on July 05, 2016, 12:22:57 PM

I have also holded last time when price went up to 800$ recently but it hardly get dumped to sub 550$ so i feel very sad as i could have sell at 800 and bought back at 550$, that was a great swing. So if price again reach 800$ before or after halving, i will be sorting almost all of my coin. That is my shorting price for the time being.

Its good for traders but as an investor I will hold my coins for $1200 or higher,pump will happen after few months of halving as we have seen in 2013.

socks435

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I'm looking for free spin.

Quote from: ~Bitcoin~ on July 05, 2016, 12:22:57 PM

I have also holded last time when price went up to 800$ recently but it hardly get dumped to sub 550$ so i feel very sad as i could have sell at 800 and bought back at 550$, that was a great swing. So if price again reach 800$ before or after halving, i will be sorting almost all of my coin. That is my shorting price for the time being.

Your bad luck but i am lucky that some of my bitcoin sold when the price is hit at 750 value its enough for me because the price is instantly increase in that price im shocked in that time so i wait in few days and decided to sell some to make a profit and thinking that the price will decrease and i am right now made a profit and buy some bitcoins again to increase my bitcoins in my wallet..

Junko

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Being a long term hodler, what traders do day to day, week to week, month to month, makes no difference to me. Whatever happens to the price day to day, week to week, month to month, year to year also makes no difference to me. My sights are set well far into the future so I don't bother too much about who is shorting what or when.

~Bitcoin~

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I have also holded last time when price went up to 800$ recently but it hardly get dumped to sub 550$ so i feel very sad as i could have sell at 800 and bought back at 550$, that was a great swing. So if price again reach 800$ before or after halving, i will be sorting almost all of my coin. That is my shorting price for the time being.

Snorek

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I am gonna hold during halving and short time after it because I base my observation on what happened with previous halving.
Right after 1st bitcoin halving bitcoin price didn't immediately go up like crazy and I expect this scenario is going to repeat this time as well.
We will see longer market correction and even higher bitcoin price in the 2nd half of 2016.

BellaBitBit

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Quote from: rjclarke2000 on July 05, 2016, 11:47:08 AM

Always hold.

I've been through worse. I am not a trader and would never pretend to be.

I'm a simple man, I buy and I hodl.

It does keep things simple. Buy,Hold, and check it later.

boopy265420

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It is not good time to sell because all these are tricks to confuse people to enter in panic buying/selling.I sold some of my holding at 750 $ and then luckily bought back at 580 $.Now I am in safe period and really don't care much.There is a huge increase is due that can be just before of right after halving of blocks.Once all is done then price will be under 650 $ this is what I am preparing myself for.

rjclarke2000

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Always hold.

I've been through worse. I am not a trader and would never pretend to be.

I'm a simple man, I buy and I hodl.

PorkUsher

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Quote from: pereira4 on July 05, 2016, 10:56:15 AM

You sell at 750 [...] But then, you wake up and price is 850 and you feel suicidal.

If you get suicidal at 850 after selling at 750... maybe trading isn't for you? I mean, here you didn't even lose any money -- you get suicidal because you didn't make any money.
What do you do when you actually lose money?
And by "lose," I mean lose more than ~15% of your stake, which is what we're talking about here?

Ted E. Bare

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Bear with me

I don't short because $650 is the new bottom. I can see the uptrend continue from here.

pereira4

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I see all those people saying how they will try to short the market. I think this is a very stupid idea. You sell at 750 thinking "well that's it", by tomorrow when I wake up, we will be correcting hard at 600s again".

But then, you wake up and price is 850 and you feel suicidal.

That's why it's better to hold. With Bitcoin, you NEVER know where the ceiling is. Nailing is being lucky, and I don't want to rely on that much luck, I value my bitcoins too much to gamble them like that.

Topic: Anyone else is going to hold while people try to short the halving? (Read 1174 times)