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Topic: Buy High Sell Low - page 2. (Read 1157 times)

sr. member
Activity: 1400
Merit: 347
August 15, 2017, 04:14:02 PM
#7
The kult of HODL is growing more than the creed of the Weak Hands.

People are sending to cold wallets and will sell only after at least two years.

The dips will be provoked by short traders, which will be on limited supply. Scarcity will drive the price high, dips will be 10-15% at most. The only issue is that they will last just some hours or days. I just lost the refuelling train at $3800, but surely it can happen again until 22nd August.

They will be holding because of SegWit, LN, satellites, this will drive the price very high and to sell will be more risky. 10k will look cheap and dips will be even deeper, due to volume, and for a very short time.
hero member
Activity: 910
Merit: 511
August 15, 2017, 03:03:47 PM
#6
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?

Panic sell???
we are rising weeks by weeks, month by month....
a correction of 40% or 50% could heppen!
but it will be just a good chance to enter lower
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
August 15, 2017, 02:54:58 PM
#5
I can also admit the second half of this though:  Grin

legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
August 15, 2017, 02:51:49 PM
#4
I'll tell you why I don't like short-term traders.... is because they think they are smarter than the markets. If they had any real skills they would be working like everyone else and buying Bitcoins with their earnings. Bitcoin is a limited commodity, with a 0.4% increase on average PER DAY. Any smart person would just invest and HODL. Instead, these traders want more and get greedy trying to short the market.

HODLEr for LYfe
legendary
Activity: 1526
Merit: 1179
August 15, 2017, 02:35:01 PM
#3
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?
People have always been cashing out profits at near all time high levels, and that's a normal thing. Don't forget that people mostly have two separate coin stashes.

One of them being solely for long term hodling purposes, and the other stash is meant for short term trading purposes ~ I don't see anything be wrong with that.

You as legendary member should be well aware of how the Bitcoin market reacts at such high levels. Short term trading with current volatility might be a greatly rewarding practice.
legendary
Activity: 3052
Merit: 1273
August 15, 2017, 02:20:23 PM
#2
Chill ya dude, no one's either selling nor they are stupid enough. Everyone here who has been in Bitcoins actually knows that it is going to make a new ATH every now and then, so they don't bother about all these temporary dumps or corrections. If compared, it's like being paid for your work after some time with a bonus to them who waited a bit more, and those who resigned already thinking that the firm may sink - will suffer for their decision. After all, it's all a matter of choice in the goal cracking process.
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
August 15, 2017, 12:30:35 PM
#1
The panic seller's creed.

What's the matter, you guys don't believe in Bitcoin? Gotta cashout for some trustworthy Fiat?
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