Do Not Sell! Don't Let The Whales Get Your Precious BTC!

Twinscoin2017

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Quote from: virtualdn on June 22, 2021, 08:35:52 AM

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Cheesy

Remember, 1 BTC is still 1 BTC!

I agree week hands is always loss we need to hold and never become panic and sell our asset at loss. We need to fucos and be more wise on making a decision because there are a lot of whales that waiting for us to give up and then they will buy our asset and they will earn because they will hold it and never sell at loss. Strong hands always win or earn in crypto I believe that if we are going to hold we can really earn a big amount. If we look at the price of some altcoins or even Bitcoin they are now very high at price some of them rise almost 90% from their price last year 2018,it means that if we buy those coin and hold until today we can be rich and thats the power of holding or having a strong hands.

Fredomago

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Quote from: asrinur on September 18, 2021, 12:22:01 PM

You need to do with a trading plan. Many novice traders do not have a plan. So, the profits are not maximized or even lose.

It's a most useful tool that you need when you enter this business, set your plan and make sure to follow things

according to how you percept the market.

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So don't think you can make money fast and become the next crypto millionaire without using careful planning.

Not a good mindset. It's not bad to dream to become one, but doing things the right way is more appropriate than
pushing yourself risking much than collecting knowledge and work step by step, slowly but the chance to achieved
your goals are much better.

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You have to be more realistic to understand BTC price charts because the market takes time to mature for you to invest in bitcoin smartly.

It's not easy, but if you are seeking deeper, it's achievable. You can create your own strategy that will make things happen for your investment.

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For now, you should only speculate on whatever amount of money you don't mind losing entirely.

Using spare money allows you to work without worrying about yourself. You can stay calm knowing that you already understand
the possibilities and with good fate, the chance to grow your money is very possible.

palle11

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Quote from: StreakW on September 19, 2021, 11:55:44 AM

As an asset that is limited and not haphazardly printed, speculatively Bitcoin is clearly very promising to invest in the long term. Investments with long-term schemes are better because short-term schemes such as trading are more risky than long-term ones. So, short term trading is indeed dangerous because whatever the trigger, any news that causes prices to rise and fall quickly, in a short time, you need to be careful.

I think that you are missing things together here. There is difference with long and short time hodling and trading. Although maybe short time hodling can still get the consideration as trading to the extent as swing trading but long time hodling is trading because trading is not suppose to stay longer than necessary like a year hodling. But both long time hodling and trading can get you a lose.

StreakW

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As an asset that is limited and not haphazardly printed, speculatively Bitcoin is clearly very promising to invest in the long term. Investments with long-term schemes are better because short-term schemes such as trading are more risky than long-term ones. So, short term trading is indeed dangerous because whatever the trigger, any news that causes prices to rise and fall quickly, in a short time, you need to be careful.

Emitdama

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Quote from: BobK71 on September 18, 2021, 11:14:02 PM

There is a proverb in cryptocurrency that “if you sell you will lose” which means you have to call for a long time with this setting. If you want to fulfill your desirable dream and not be a good holder, you are less likely to be satisfied and succeed. CZ Binance CEO always say that if you are not to be good holder will not get success.

Money is very important in life so better try to invest this in better and because if you are not going to take right decision then you are going to lose this quickly. We are in good situation to buy bitcoin even it's going to touch $60K because we all know it's going to be very high in future, and we have to regret about this so buy not give to whales. Currently, bitcoin price is trading sideways which is causing some price movement for altcoins as well, but I feel this all is going to end very soon so never sell your coins in hurry to give advantage to whales.

BobK71

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There is a proverb in cryptocurrency that “if you sell you will lose” which means you have to call for a long time with this setting. If you want to fulfill your desirable dream and not be a good holder, you are less likely to be satisfied and succeed. CZ Binance CEO always say that if you are not to be good holder will not get success.

hello_good_sir

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Great words.

I also think that you should not leave your coins on exchanges, because that provides the shorters the liquidity to take on their positions.

At the end of the day, you should be looking at bitcoin as a long term vehicle for storing your own wealth anyway and not some short term speculative asset. If you adopt that mindset you should find it quite easy to hold onto any cryptos that you've got for a long, long time.

asrinur

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You need to do with a trading plan. Many novice traders do not have a plan. So, the profits are not maximized or even lose. So don't think you can make money fast and become the next crypto millionaire without using careful planning. You have to be more realistic to understand BTC price charts because the market takes time to mature for you to invest in bitcoin smartly.

For now, you should only speculate on whatever amount of money you don't mind losing entirely.

tygeade

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People need to realize that bitcoin is a leverage against inflation. When you realize this then you realize that you do not have to do anything that would require you to sell in the crypto market. Obviously there could be exterior reasons, once upon a time I paid a bill with it, those type of things do happen. However in the long run we do not have any sort of trouble with the current situation, just keep your coins even after they fall because that is exactly when people start to buy, if you do end up selling then you are losing against the competition (people who want to make money when you sell to them).

Just keep holding it, keep holding it forever and eventually you will reach to a point where you do not even need more money. I just feel like it is definitely something that is very long term and all these short term falls make no sense at all.

Reatim

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Quote from: decodx on September 11, 2021, 09:27:38 AM

In the short time I have been here, I have learned one thing: No matter how much you plan and analyze, you will rarely predict the right moment to sell and you will almost never buy at the bottom of a dip. One could say that all the basic macroeconomic and political dynamics that determine the direction of the market are largely out of your control.

Great observation and indeed reality , many advise telling people to Buy the Dip and Sell in bull but the thing is ? WHen would this be? do we really knows when the lowest or when is the highest each investments?
no we cannot instead we are all speculating , that is the same reason we must put a specific target amount when to sell, no matter what is the value in the following day but stick to the plan.

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If you are a newbie investor, the best thing you can do is to plan as best you can for the next 5-10 years. If you are already in this game, the best you can do is to remain a passionate investor, prepared to take risk, and to believe in the power of compounding.

yeah 5-10 or at least every 3-4 years as the Halving season mostly change the course of the market and bringing really high return or not.

James Watson

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Quote from: Rajamuda on July 10, 2021, 07:55:23 PM

The advice and motivation that can boost self-confidence, glad to hear it, and hopefully people can think more broadly and optimistically. The decline that occurs, of course can still be a good opportunity to buy with new capital, a downtrend does not mean weakening… but it is a sign of providing another profit opportunity when buying until we can earn satisfactory results in the long term.

We know that there are many reasons for selling and buying in the market. There is no right or wrong, because everyone faces different situations, and they don’t encounter different problems from everyone’s perspective, so everyone’s investment methods are different. Different, you will know which way is best for you.

DU18

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Quote from: virtualdn on June 22, 2021, 08:35:52 AM

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Cheesy

Remember, 1 BTC is still 1 BTC!

The price of Bitcoin, which had risen to $52K a few days ago, now has to go down and play in the $45K range and of course, with this decline make bitcoin holders who bought at high prices were confused, whether to sell or keep holding and of course that's all depending on the choice of each person, But I personally believe that bitcoin will soon experience a price increase and of course I will prefer to hold it rather than sell it at a low price condition now.

decodx

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Quote from: MiF on September 11, 2021, 07:37:32 AM

Quote from: Kelvinid on September 09, 2021, 06:41:02 PM

Quote from: Pulsar77 on September 09, 2021, 06:15:46 AM

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.

That is actually your choice as that is your money. Just like if you buy this Bitcoin at $30k and seeing its price at $42k, it wasn't a thing to worried about but mostly likey we are still strong to keep it for a while. But if you had bought it at $40k, that might be started to get crazy thinking if I sell this or not.

Whether you agree on this or not but sometimes we put ourselves in a trap, sometimes we think this gonna be the right decision but later on, we'd realize that was wrong. Missing some opportunities because of our trust and confidence.

I agree, I see that blaming our self is non sense, the market is unpredictable and no one knows what will be the next to happen, speaking of the price it is already been said repeatedly that crypto is always high on volatility and price is always moving up and down, so if we loss then be it, there is always a way to stand and earn all we need to is to continue and be prudent enough to hold strong for good.

Big whales always waiting for the sellers that cannot hold strong, they always earn from our weakness, so we need to always remember that if we can hold strong we cannot loss in crypto holders always win.

In the short time I have been here, I have learned one thing: No matter how much you plan and analyze, you will rarely predict the right moment to sell and you will almost never buy at the bottom of a dip. One could say that all the basic macroeconomic and political dynamics that determine the direction of the market are largely out of your control.

If you are a newbie investor, the best thing you can do is to plan as best you can for the next 5-10 years. If you are already in this game, the best you can do is to remain a passionate investor, prepared to take risk, and to believe in the power of compounding.

MiF

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Quote from: Kelvinid on September 09, 2021, 06:41:02 PM

Quote from: Pulsar77 on September 09, 2021, 06:15:46 AM

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.

That is actually your choice as that is your money. Just like if you buy this Bitcoin at $30k and seeing its price at $42k, it wasn't a thing to worried about but mostly likey we are still strong to keep it for a while. But if you had bought it at $40k, that might be started to get crazy thinking if I sell this or not.

Whether you agree on this or not but sometimes we put ourselves in a trap, sometimes we think this gonna be the right decision but later on, we'd realize that was wrong. Missing some opportunities because of our trust and confidence.

I agree, I see that blaming our self is non sense, the market is unpredictable and no one knows what will be the next to happen, speaking of the price it is already been said repeatedly that crypto is always high on volatility and price is always moving up and down, so if we loss then be it, there is always a way to stand and earn all we need to is to continue and be prudent enough to hold strong for good.

Big whales always waiting for the sellers that cannot hold strong, they always earn from our weakness, so we need to always remember that if we can hold strong we cannot loss in crypto holders always win.

Kelvinid

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win lambo...

Quote from: Pulsar77 on September 09, 2021, 06:15:46 AM

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.

That is actually your choice as that is your money. Just like if you buy this Bitcoin at $30k and seeing its price at $42k, it wasn't a thing to worried about but mostly likey we are still strong to keep it for a while. But if you had bought it at $40k, that might be started to get crazy thinking if I sell this or not.

Whether you agree on this or not but sometimes we put ourselves in a trap, sometimes we think this gonna be the right decision but later on, we'd realize that was wrong. Missing some opportunities because of our trust and confidence.

STT

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Thing I would draw from most whales or large buyers is they are likely leveraged and sellers during pullbacks, if you allow them to buy back the BTC cheap they will benefit from every down trend. Gradually a leveraged buyer with infinite fiat currency via central banking will take over every industry for sale because money is so cheap & unfairly distributed to the largest dealers of debt it allows them to buy everything else more cheaply then it appears.
Its part of what keeps the working man with skills and hard work a poor person and the richest paying the least tax because they are closest to the printing presses. It does seem best to always stay net long; be careful with trading and selling out during what is a bullish period over years.

coupable

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Quote from: Pulsar77 on September 09, 2021, 06:15:46 AM

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.

For a long term investment, i advice you to buy at this price or even if it gets higher because bitcoin will rise more sooner or later. And this is why the bear market is the opportunity for whales to own more and more bitcoins.
From another side, i think the dump is about to continue and may resist above 30,000$ for a long period (maybe won't rise until the end of the year) so for short term investments, i think it's so risky to get benefits in a short period. Even if the dump period might continue to unknown limits, i still advice holders not to sell because they will surely regret it like it happened several times [See the two ATH from 2013 and 2017 and check the charts to conclude how much people lost when sell it at the ATH prices leading just by fear that it will decrease] .

Pulsar77

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Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.

newwest

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Quote from: kendedese on September 05, 2021, 09:05:47 AM

today bitcoin managed to break the resistance line that is $50k. i hope the price will continue to increase and break the ATH which is $64k. if bitcoin is able to cross that line I'm pretty sure $100k is very easy to achieve. but I'm still quite worried about the current price because a few times bitcoin was able to break $50k and it didn't last long.

Btc has being volatile and 50k is the resistance which it keeps breaking it. But every fall is an opportunity to keep buying it and make some profits in short term and speculators. May be some time before it takes a big leap and rebounces back to 60k range.

perfect999

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Quote from: mamesso on September 08, 2021, 03:50:12 AM

I totally agree with what you said, HOLD is the best decision to get the perfect profit. So many people make the wrong decision because they panic sell when the bitcoin price drop. When it comes to the crypto market, we are faced with two choices, profit or loss. These two element cannot be separated, but we also need strategy and courage to make a profit. Why do reliable investor always get big profit when investing in cryptocurrency? The answer is they dare to take risks and fight fear to get multiple profit.

I believe that people who do not hold and end up selling during this period will be losers and will be crying when they see bitcoin at 50k+ again in a week or at most two weeks. We had these type of drops twice already and this is the third time, which is why I do not believe that it is something extraordinary that we didn't see coming. I could see these drops coming from a mile away, do not know the timing of it because if I did then I would be rich, but I knew that it would happen.

The only reason to sell would be to sell before the drop, since the drop already happened then there is no point in selling right now. I personally believe that we should totally keep this going as long as possible without selling. Let others sell and you will be doing better. I personally feel fine right now, this drop is definitely not close to being big enough to make me sell.

Topic: Do Not Sell! Don't Let The Whales Get Your Precious BTC! (Read 1325 times)