Bubble Top Mania, Sell Today!!! | Bitcointalksearch.org

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future. If you add up the huge swings in both directions (i.e $500 only yesterday), then you can easily learn how to short-term trade part of your holdings for large profits. Be calm and make small trades for fast profits that add up..

Well in fact, everyday, bitcoin trades at a lower price and I don't know if you also know that. Also, short-term trades are quite risky on an asset with an upward trend. There's a small window of swings everyday in the market, but that window is minute for inexperienced traders to even bother. While shorting still works, most of the people will just lose money in the process, so for me, a bad advice.

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

That is what you call faith. Also, looking at the charts you can see that bitcoin always recovers from a downfall for the past 8 years. Would yoi want to look at that as well? And no investment has performed really well in a short span of time (see gold, precious metals and other stocks) unlike bitcoin, so I don't see where your 80% loss of value came from.

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.

Refer to the first quoted post. You encourage to short the market swings, right?

Technicrate

newbie

Activity: 68

Merit: 0

Quote from: pooya87 on August 16, 2017, 09:58:49 PM

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future.

you have already failed miserably in your first couple of words!
there is no 100% chance with bitcoin, specially when it comes to speculating a drop. the only chance is seeing a correction. it can be tomorrow from $4300 to $3900 or it can be a month from now from $6500 to $5900

Quote

~ have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

you either are full of it or have no idea what 80% drop means!
at $4300 a 80% drop means going down to $900, you can only see that kind of drop in your dreams.

That is right. I will start buying a lot when the price is $3000.

iamTom123

hero member

Activity: 490

Merit: 501

Quote from: Pursuer on August 17, 2017, 12:24:18 AM

I have been using bitcoin for a couple of years now and I have been around since the $200 price and each time there is a rise in bitcoin I see someone like you create a new account and say the same thing about that rise being a bubble, warn about holding, and generally the same things you just covered.

and if I wanted to listen to you people each time you create a new topic like this then I wouldn't have had this much bitcoin by now. and I will continue ignoring this type of FUD in the future and use my own brain to make decisions.

bitcoin is the most valuable thing with the biggest potential that most people don't even start to understand. what bitcoin does and what it offers combined with the scarcity means only an idiot doesn't hold bitcoin until 10K dollar at least.

At least you learned from your own mistakes. Listening to people who are negative on Bitcoin especially if there is a dip in value can be like listening to a crazy man predicting the end of the world. Of course, there would be corrections along the way and these corrections are acting like buffer zones against huge crashes or should we say bubbles. Bitcoin is not comparable to a tulip or a simple stock it has intrinsic value of its own and is representing something. For many years, there had been many analysts who predicted that Bitcoin will soon die but the other thing always happened, gladly!

drachman

sr. member

Activity: 756

Merit: 252

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future. If you add up the huge swings in both directions (i.e $500 only yesterday), then you can easily learn how to short-term trade part of your holdings for large profits. Be calm and make small trades for fast profits that add up..

Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.

There are merits to trading but this post is completely mistaken especially the final part in blue, the instinct of the hear is to not hold, to buy whatever is popular and sell it when its losing price, buying when the price is very low is the right strategy, if the price crashed 80% of its value I will buy all the bitcoin I can.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future. If you add up the huge swings in both directions (i.e $500 only yesterday), then you can easily learn how to short-term trade part of your holdings for large profits. Be calm and make small trades for fast profits that add up..

Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.

Yes it is 99.999999999% sure. But will you be sure and buy back then or you wil wait for a better option to buy cheaper and BTC train will be already gone.

Basmic

sr. member

Activity: 406

Merit: 256

Quote from: BillyBobZorton on August 18, 2017, 07:13:25 AM

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future. If you add up the huge swings in both directions (i.e $500 only yesterday), then you can easily learn how to short-term trade part of your holdings for large profits. Be calm and make small trades for fast profits that add up..

Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.

Im sorry that you dumped your BTC because the market is still bullish and will remain bullish for weeks. Bears got destroyed on the $3800 dip. We did hit a new ATH after that big dip, which shows the bull pressure outpaces the bear pressure. Shorts got destroyed when the $4480 was hit. We are going to $5000+ and you know it.

Now, many corrupt officials are hiding their money from taxes in bitcoins. This can be a serious problem for the whales and to create sustainable demand in the market. When they will buy the required number of coins they will not trade them on the exchange and it can destroy your ability to reduce prices. I hope so.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future. If you add up the huge swings in both directions (i.e $500 only yesterday), then you can easily learn how to short-term trade part of your holdings for large profits. Be calm and make small trades for fast profits that add up..

Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.

Im sorry that you dumped your BTC because the market is still bullish and will remain bullish for weeks. Bears got destroyed on the $3800 dip. We did hit a new ATH after that big dip, which shows the bull pressure outpaces the bear pressure. Shorts got destroyed when the $4480 was hit. We are going to $5000+ and you know it.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: alyssa85 on August 17, 2017, 05:47:08 AM

Bitcoin has potential - but you can't rule out something going wrong and an alt (or even bitcoincash) seizing the crown. So small amounts of profit taking are wise. Only a fool goes all in.

true, and I am not denying that fact either. it is good to take some profit out each time there is a huge rise and when that rise is super fast.
but to think just because price is "high" that means it will fall to oblivion (according to OP down to $900) is pretty dumb.

as for your "something goes wrong" statement I have to say, nothing is different now, something could go wrong any second of the last 8.5 years and will be the same in the future. and most altcoins (including bitcoin cash) share many things with bitcoin and if that something goes wrong with bitcoin it can by extension go wrong with them also.

Quote

This upcoming weekend is going to be interesting - there will be a non emergency difficulty adjustment for bitcoincash on Saturday, which will make it considerably more profitable to mine. If miners start switching it will cause bitcoin considerable problems. See this thread:

https://www.reddit.com/r/btc/comments/6u15ml/why_this_weekend_could_be_big_for_bitcoin_cash/

this is more scary than interesting in my opinion.
we have two identical crypto as far as mining is concerned and the miners can switch at any moment they wish to. with lower difficulty a higher hashrate can produce a large number of blocks in a very short time and that can harm both cryptocurrencies at once, and mostly BCC

imagine a miner who finds 40 blocks per day in bitcoin switches to BCC and mines 1000 block in 1 day with a low difficulty and switches back to bitcoin the next day. (extreme example so you get the point)

piloder

legendary

Activity: 966

Merit: 1006

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

I am doing same, buying bitcoin with some part of my savings every month. No one will regret this and I am really happy with what I have today. Cheesy

I try to hold some fiat in hand to buy cheap bitcoins during panic on the market, like few months ago due to hardfork fud and panic I successfully bought few bitcoin at under $2000. Wink

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

Quote from: Pursuer on August 17, 2017, 12:24:18 AM

I have been using bitcoin for a couple of years now and I have been around since the $200 price and each time there is a rise in bitcoin I see someone like you create a new account and say the same thing about that rise being a bubble, warn about holding, and generally the same things you just covered.

and if I wanted to listen to you people each time you create a new topic like this then I wouldn't have had this much bitcoin by now. and I will continue ignoring this type of FUD in the future and use my own brain to make decisions.

bitcoin is the most valuable thing with the biggest potential that most people don't even start to understand. what bitcoin does and what it offers combined with the scarcity means only an idiot doesn't hold bitcoin until 10K dollar at least.

Bitcoin has potential - but you can't rule out something going wrong and an alt (or even bitcoincash) seizing the crown. So small amounts of profit taking are wise. Only a fool goes all in.

This upcoming weekend is going to be interesting - there will be a non emergency difficulty adjustment for bitcoincash on Saturday, which will make it considerably more profitable to mine. If miners start switching it will cause bitcoin considerable problems. See this thread:

https://www.reddit.com/r/btc/comments/6u15ml/why_this_weekend_could_be_big_for_bitcoin_cash/

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: pooya87 on August 16, 2017, 09:58:49 PM

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future.

you either are full of it or have no idea what 80% drop means!
at $4300 a 80% drop means going down to $900, you can only see that kind of drop in your dreams.

Let's make a bet;)
If bitcoin never drops below 900$ you win and I will give you 1 BTC
If it does drop I win one BTC from you.

Yeah, I did plagiarize DH bet Wink

.

Quote from: gentlemand on August 17, 2017, 04:48:38 AM

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.

In case you hadn't noticed, holding is not trading.

This forum heaves with heroes who told everyone what the price was going to do and they were the rightest and skillest trader ever. Then they got shat on and were never heard from again.

Holders take their time but they get there in the end no matter what.

I agree with the small trades bit but there's a good chance you'll either wind up down or exactly where you were had you held.

Without traders the hodlers would just sit on a worthless coin that serves no purpose because nobody uses it , nobody transfers it , nobody is using the empty blocks.
It;s just like the guys that laugh about the 10k BTC pizza deal. Without that we might be still at 2$ per BTC right now, if even that

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.

In case you hadn't noticed, holding is not trading.

This forum heaves with heroes who told everyone what the price was going to do and they were the rightest and skillest trader ever. Then they got shat on and were never heard from again.

Holders take their time but they get there in the end no matter what.

I agree with the small trades bit but there's a good chance you'll either wind up down or exactly where you were had you held.

sock_info.doNOT.send.$

newbie

Activity: 56

Merit: 0

500 Dollar moves in a single day and you people are too blind to see the good advice, LOL to the bank.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

I have been using bitcoin for a couple of years now and I have been around since the $200 price and each time there is a rise in bitcoin I see someone like you create a new account and say the same thing about that rise being a bubble, warn about holding, and generally the same things you just covered.

and if I wanted to listen to you people each time you create a new topic like this then I wouldn't have had this much bitcoin by now. and I will continue ignoring this type of FUD in the future and use my own brain to make decisions.

bitcoin is the most valuable thing with the biggest potential that most people don't even start to understand. what bitcoin does and what it offers combined with the scarcity means only an idiot doesn't hold bitcoin until 10K dollar at least.

LavaJack

newbie

Activity: 44

Merit: 0

Short term trading in and out of BTC and fiat is not advisable in a bull market environment. Sure, word of another bitcoin hard fork eta. Nov. '17 will likely cause a pullback sometime in October. However, with all the positive momentum behind the market it would be unwise to take shelter until a true negative catalyst appears on the horizon. Short term trading in a bull market is begging for foregone profits (especially when nearly, if not all, fiat currencies decrease in value by the day due to quantitative easing and other fiscally liberal policies [NIRP]) If you do want to pursue short term trading, its better to do so in a predictably sideways market i.e. assets that will predictably trade in a certain range.

snowdropfore

hero member

Activity: 843

Merit: 1001

everytime some call for selling , it is time to holding,bitcoin is not other thing, selling right now will be regret.

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

I feel bad of selling the small holding for an amount less than $4000. With panic in mind of missing the ath sold it low. Now trying gard to invest and get back the missed profit. Till now haven't got a plan to make a profit out of the same. Hope selling now too doesn't feel good as price is expected to increase more.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: sock_info.doNOT.send.$ on August 16, 2017, 05:27:08 PM

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future.

you have already failed miserably in your first couple of words!
there is no 100% chance with bitcoin, specially when it comes to speculating a drop. the only chance is seeing a correction. it can be tomorrow from $4300 to $3900 or it can be a month from now from $6500 to $5900

Quote

~ have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

you either are full of it or have no idea what 80% drop means!
at $4300 a 80% drop means going down to $900, you can only see that kind of drop in your dreams.

BitcoinBarrel

legendary

Activity: 2026

Merit: 1034

Fill Your Barrel with Bitcoins!

What happens when you sell your BTC, go to bed, and wake up to a new ATH?

sock_info.doNOT.send.$

newbie

Activity: 56

Merit: 0

There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future. If you add up the huge swings in both directions (i.e $500 only yesterday), then you can easily learn how to short-term trade part of your holdings for large profits. Be calm and make small trades for fast profits that add up..

Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.

Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.

Topic: Bubble Top Mania, Sell Today!!! (Read 981 times)