Do Not Sell! Don't Let The Whales Get Your Precious BTC! - page 3.

rahmatrf331

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Quote from: aioc on July 12, 2021, 10:12:56 AM

Not everyone has strong hands and heart to HODL their Bitcoin, and everyone has a reason why they are selling, they need money because of an emergency, they want to buy other coins that they think will have potential in the market, or they are cutting their losses and wants to get out in the market until the market improves, whatever their reasons there will always sellers

yes right, we can say don't sell, the market will continue to improve. but the fact is that there are still many people who experience panic selling and rush to sell whenever the price is a little bullrun, so the market price is slightly shaken. never worry about conditions like that, when the market decreases slightly we try to take the opportunity by buying again.

zanezane

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Quote from: ILuckyGuyI on July 16, 2021, 06:47:57 AM

This is absolutely not the right time to sell our "precious" Bitcoins, yeah. Grin

This is the right time to buy rather than to sell. Even if Bitcoin price reaches at least $60k, we'd make an incredible profit. And I believe that the price won't just make do with $60k. I believe that it's possible to see a level near $100k in this year if everything goes right.

I feel like the only time that we should sell is when we feel like it's right to sell, and always try to go by the guidelines that we should be fearful when everyone is greedy and be greedy when everyone is fearful. To me, 100k isn't the right price for me so I will be a bit more greedy this time.

Aliceooo78

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Quote from: BigBos on July 10, 2021, 03:06:58 AM

Quote from: virtualdn on June 22, 2021, 09:35:52 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!

Yes, I'm excited to read this. however, I'm still holding back at this point. although it's quite a panic to see prices continue to decline, but I really believe that every year, every month, and day, definitely provides a different opportunity and potential for crypto. I'm really waiting for the next pump.

The strong volatility of bitcoin prices means that many people have their eyes fixed on the bitcoins in your wallet. They will do everything possible to torture your psychology, destroy your psychology, and then make you impatiently hand over the bitcoins in your hand. currency. This is the essence of the matter, I'm sorry, just say a word to the whale: I will not play with you.

ILuckyGuyI

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This is absolutely not the right time to sell our "precious" Bitcoins, yeah. Grin

This is the right time to buy rather than to sell. Even if Bitcoin price reaches at least $60k, we'd make an incredible profit. And I believe that the price won't just make do with $60k. I believe that it's possible to see a level near $100k in this year if everything goes right.

Obito

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Quote from: acener on July 16, 2021, 02:54:46 AM

Well even if I don't want others to have it I don't have any other choice if I don't have enough money to support my family I would do what I must to survive.
I wouldn't let my family starve if I have crypto to trade and make money.
We have responsibilities so even if we want to keep on HODLing our crypto there are times that we would need to sell it.

Well what OP is advicing is only applicable to those who can afford to hodl for the long-term, it's not like it's a generalized advice I mean if you really can't do it then don't do it because as you've said, you have a family to care for. Remember to also risk what you can afford to lose plus you also have to find other ways to make an income so you can hodl and get more profit.

acener

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Well even if I don't want others to have it I don't have any other choice if I don't have enough money to support my family I would do what I must to survive.
I wouldn't let my family starve if I have crypto to trade and make money.
We have responsibilities so even if we want to keep on HODLing our crypto there are times that we would need to sell it.

ancafe

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Quote from: aioc on July 12, 2021, 10:12:56 AM

Not everyone has strong hands and heart to HODL their Bitcoin, and everyone has a reason why they are selling, they need money because of an emergency, they want to buy other coins that they think will have potential in the market, or they are cutting their losses and wants to get out in the market until the market improves, whatever their reasons there will always sellers

well, I might think that when the dump happened, a lot of people were selling their bitcoins, and buying stable coins just in case. however, we don't know what reason they sold their assets. however, when they sell it, I think they can regret it when the bitcoin price actually exceeds the $100k price in the future.

rhodelmabanal

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Quote from: Golftech on July 13, 2021, 02:23:33 PM

Quote from: aioc on July 12, 2021, 10:12:56 AM

Not everyone has strong hands and heart to HODL their Bitcoin, and everyone has a reason why they are selling, they need money because of an emergency, they want to buy other coins that they think will have potential in the market, or they are cutting their losses and wants to get out in the market until the market improves, whatever their reasons there will always sellers

Indeed! but in most cases there are sellers who are fearing to lose their money, thinking that the market won't

go back to where they bought their coins, it's very hard to work with something that you don't understand, those

who knows the drill will continue to hold and will wait for the right timing before selling their coins, otherwise, they

will accept that they are going to lose part of their investment.

. I agree on that there are a lot of new investors that are losing some money because they are always afraid when they see a dropping of the price. New investors are loosing while crypto whales are gaining from the panic sellers and I believe that most of the panic sellers is the new investors who don't have a proper understanding about crypto, most of the new investors are easily get panic so they end up to loosing. All I can say is that proper understanding and self study about crypto is a big help so we need to continue learning for good.

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Quote from: aioc on July 12, 2021, 10:12:56 AM

Not everyone has strong hands and heart to HODL their Bitcoin, and everyone has a reason why they are selling, they need money because of an emergency, they want to buy other coins that they think will have potential in the market, or they are cutting their losses and wants to get out in the market until the market improves, whatever their reasons there will always sellers

Indeed! but in most cases there are sellers who are fearing to lose their money, thinking that the market won't

go back to where they bought their coins, it's very hard to work with something that you don't understand, those

who knows the drill will continue to hold and will wait for the right timing before selling their coins, otherwise, they

will accept that they are going to lose part of their investment.

sana54210

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Quote from: Vaculin on July 10, 2021, 07:24:07 PM

Some people just sell their Bitcoins during the bullish season and getting back when the market just dumps. They are in huge profit and definitely, they are happy but for those who just sell during a downtrend, that sounds regretable unless if it is necessary or they are badly in need of money.

As I consider Bitcoin for long-term investment, I certainly not to sell them but to hold them. However, we can't influence others to do the same if they don't have the same mindset like us.

Those same people who sell at the top and buy at the low are very few and unfortunately millions of people missed that chance and some of them made lesser profit or maybe no profit at all and in big loss right now.

I am a long term investor as well, I am still in good profit, probably could have made x2 profit so far if I sold my bitcoins at 60k but I didn't because I do not believe in selling bitcoins, I either save them and grow them huge or whenever I have big enough I end up spending them on something of my own, not a physical item or anything, just a project idea that comes to my mind and I spend it on that in order to make some profit, that way I end up being either richer thanks to my project being good and liked, or fail because I end up not profiting at all and losing money on that project, it is not always even about crypto project, sometimes it is about something totally different.

aioc

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Not everyone has strong hands and heart to HODL their Bitcoin, and everyone has a reason why they are selling, they need money because of an emergency, they want to buy other coins that they think will have potential in the market, or they are cutting their losses and wants to get out in the market until the market improves, whatever their reasons there will always sellers

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Quote from: ?? on ??

Quote from: virtualdn on June 22, 2021, 09:35:52 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!

well, right now I'm still holding on, and up to now, what I'm holding out for, the price is steadily decreasing. however, it's hard to hold on to what keeps decreasing, I just hope the price will go back up. 1 bitcoin does become 1 bitcoin. but in dollars, it's different. Cry

Seemingly that you have no exact stand on what you are doing here. you said that you still holding on but you are complaining about the continues fall.

Tell us straight , are you really holding or just making likely a counting post here? Because you clearly mention that 1 bitcoin is still 1 bitcoin but you are showing weakness on the on going movement.

ultrloa

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Quote from: virtualdn on June 22, 2021, 09:35:52 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!

well, right now I'm still holding on, and up to now, what I'm holding out for, the price is steadily decreasing. however, it's hard to hold on to what keeps decreasing, I just hope the price will go back up. 1 bitcoin does become 1 bitcoin. but in dollars, it's different. Cry

There's nothing we can do if we are in bad position and will lose our money if we will dump our bitcoin today, maybe its really good to hold and just don't think about it so that you will not get stress to see how the market moves at the moment. Just keep hodling for sure you can get benefit with it when bull run came and maybe we can see this happen again on next halving or if it will come early maybe next year. Don't dump and accept your losses since its a huge loss if you surrender easily.

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Quote from: virtualdn on June 22, 2021, 09:35:52 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 believe that whales are selling a bit as well, not directly selling because they think they will make money, but there were tons of whales who had stop loss and leverages that got liquidated if you ask me and that is when we dropped from 60k levels to 30k levels and not now. However if they are super whales then how are the prices still staying same when we are selling?

Only possible explanation would be that they are buying at certain level and not more, so they do not just go ahead and buy a billion dollars worth of bitcoin, they just buy all the orders between 33k to 35k for example and increase the price that way and then they stop, nothing more. Either that or this is not even just whale thing, it is that the market is soft right now and there are no more big moves and that causes the price to stay the same or at least close to similar.

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I would tend to agree right now is not the time to sell, far too late to be early on profit taking and even if you bought into the very low there is still so much potential for development in terms of recovery and breakout.

I want to see how this develops, can it get past the 50 day average and is the decline over and done with. Most likely it wont be clear cut, it has to prove both points but seems like it will try upwards and must fail in this aspiration before moving down at all.

btc_angela

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Quote from: BigBos on July 10, 2021, 03:06:58 AM

Quote from: virtualdn on June 22, 2021, 09:35:52 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!

Yes, I'm excited to read this. however, I'm still holding back at this point. although it's quite a panic to see prices continue to decline, but I really believe that every year, every month, and day, definitely provides a different opportunity and potential for crypto. I'm really waiting for the next pump.

While waiting for the next pump, we can also continue to stack sats and accumulate bitcoin during a downside and not to sell on the contrary. But as what we have been preaching, just invest what you can afford to lose here. I still remember 2017, wherein there are investors who bought at the top and waited for 3 years just to get even and profit some. Money is very important in our life, if we don't used and invest it properly, we might lose everything in a span of 3 years. So make it count and make the right decision specially if you are in crypto investments.

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Quote from: Rajamuda on July 10, 2021, 08:55:23 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.

Indeed this is a great opportunity that is available for everyone regardless of the type of investor they are. Which is why such misconception about selling should be stopped as soon as possible since it is really not healthy for the over all community of this industry. Obviously, there are many reasons why people sell and why people buy. There is no such thing as a wrong or right decision here, only slightly and very good or bad decision. Some people may sell due to an emergency or they are scalping, etc., etc. More people should make themselves aware of such facts. Whatever the style of investing, people should never judge nor undermine anyone. Because in reality, no single way of investing can work for everyone.

crzy

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Quote from: Rajamuda on July 10, 2021, 08:55:23 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.

A cheaper market is always an opportunity to make more money in the future by buying right now and waiting for the market to recover. We are down for a thousand price but we know this cryptomarket will always recover so there is nothing to worry about. Though there’s also nothing wrong on selling your holdings either for taking profit or cutting your losses as long as it is based on your analysis then go for it.

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Quote from: erep on July 10, 2021, 06:18:35 PM

One day they will regret selling bitcoin now because it is not for basic needs but only for worries or not ready to risk the impact of market movements. I really appreciate you maintaining 1 btc long term even up to $1 million.

Why there's a guilt with that if we've sold some bitcoins earlier? we've got different situations to deal with our lives and if someone has decided to sell at profit but it's not during the all-time high, it's still profit and it will help them ease the situation that they're dealing with. Whether it's for basic needs or not, as long as they've sold for some reasons and purposes, I think that should be okay for them to understand that they've sold it because they need it. And I agree to you that at least maintain 1 btc for long term.

Rajamuda

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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.

Topic: Do Not Sell! Don't Let The Whales Get Your Precious BTC! - page 3. (Read 1153 times)