finally all the weak hands are shaken out

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: gentlemand on March 12, 2020, 06:53:24 PM

Quote from: hatshepsut93 on March 12, 2020, 06:46:21 PM

Every time the market makes a huge dive people cheer because "weak hands sold", but with that logic there would be no weak hands on this market because we had so many crashes in Bitcoin history. And you don't even know who is selling, maybe the same people who sold at $7k yesterday will buy now at $5k. And maybe today's strong hands will become the weak hands in a few months, or maybe the weak hands that sell now are still taking big profits because they bought before 2017.

I've been seeing the weak hands comments since my arrival in 2013. I suppose you can regard it as a game of pass the parcel, but a never ending one. There will be an eternal cycle of strong and weak hands and a bunch of psychos pulling strings on both of them in the background. Those are the dead hands.

There is one difference .... there are only so many BTC to sell, so selling eventually has to dry up.

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: kripto_corumlu on March 12, 2020, 05:12:42 PM

Guys please keep calm,

summary of the day is

panic sellers sold <-> confident buyers bought
weak hands sold <-> strong hands bought
stock guys sold <-> crypto believers bought
.
.
.

today crypto market is much healthier than yesterday because all the weak hands are shaken out, if there will be bull run one day I think it has to start with shaking weak hands.

meh its more of a time thing.

IF you bought in at $30 and cashed out a fraction at 15K, even $1K, then you are still massively ahead.

That makes you able to hold forever with a massive profit.

So its not strong hands so much as, your 10x into profit already

gentlemand

legendary

Activity: 2590

Merit: 3014

Welt Am Draht

Quote from: hatshepsut93 on March 12, 2020, 06:46:21 PM

Every time the market makes a huge dive people cheer because "weak hands sold", but with that logic there would be no weak hands on this market because we had so many crashes in Bitcoin history. And you don't even know who is selling, maybe the same people who sold at $7k yesterday will buy now at $5k. And maybe today's strong hands will become the weak hands in a few months, or maybe the weak hands that sell now are still taking big profits because they bought before 2017.

I've been seeing the weak hands comments since my arrival in 2013. I suppose you can regard it as a game of pass the parcel, but a never ending one. There will be an eternal cycle of strong and weak hands and a bunch of psychos pulling strings on both of them in the background. Those are the dead hands.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

Every time the market makes a huge dive people cheer because "weak hands sold", but with that logic there would be no weak hands on this market because we had so many crashes in Bitcoin history. And you don't even know who is selling, maybe the same people who sold at $7k yesterday will buy now at $5k. And maybe today's strong hands will become the weak hands in a few months, or maybe the weak hands that sell now are still taking big profits because they bought before 2017.

CaVO32

full member

Activity: 1848

Merit: 158

Quote from: Questat on March 12, 2020, 06:22:56 PM

This is what we are asking, especially those people who are looking for cheap price.

Covid-19 will not stay forever, soon there will be a solution to this, in fact I think there is already but its not been distributed yet all over the world, so this fall down that we are seeing now will change in the future and we will also see some big price rally and that could create a bullish scenario.

we have been in this scenario many times, the possible sources may change but we will always find ourselves in this situation. it is how you attack this situation that will keep you afloat in this market. we have to find alternative options on how fight this yet another challenge in crypto. i believe we can always surpass this trial and learn lessons that will be needed again in the future.

crwth

copper member

Activity: 2912

Merit: 1279

https://linktr.ee/crwthopia

It's an opportunity to get more for sure. I'm just worried about people who are trying to look into Bitcoin and this event suddenly happens right in front of his/her face. There's a kind of need to be familiar that more than half of the value could easily be taken down by multiple events occurring, especially the situation in our hands now with the pandemic.

We all want to stay positive for this, and we need to be positive, not just for Bitcoin but for our well-being as well.

fabiorem

sr. member

Activity: 1400

Merit: 347

Quote from: Questat on March 12, 2020, 06:22:56 PM

This is what we are asking, especially those people who are looking for cheap price.

Covid-19 will not stay forever, soon there will be a solution to this, in fact I think there is already but its not been distributed yet all over the world, so this fall down that we are seeing now will change in the future and we will also see some big price rally and that could create a bullish scenario.

There is already a vaccine. Search for "Inovio coronavirus", but dont use google, as it is suppressing the information. This "crisis" was planned since the start.

Questat

hero member

Activity: 2982

Merit: 610

This is what we are asking, especially those people who are looking for cheap price.

Covid-19 will not stay forever, soon there will be a solution to this, in fact I think there is already but its not been distributed yet all over the world, so this fall down that we are seeing now will change in the future and we will also see some big price rally and that could create a bullish scenario.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

With almost $1700 dump within hours is extremely devastating for everyone and lot of them got liquidated.
Breaking below $7,000 automatically easy to bitcoin to dump below $6,000.
Jeez, these panic sellers cause a lot of liquidation in the market and also we strong hands are still buying more at lower prices.

Kemarit

legendary

Activity: 3080

Merit: 1353

Well that's how everything plays out and that's why there are successful people in the cryptosphere. So let's see if there are more shakedown in the market as Bitcoin is -25%, and the more investors panic and push the sell button, the better as we can buy Bitcoin at a cheap and discounted price again. The offer is really attractive, I've seen some post in reddit that someone already accomplished his dreams of getting 1 full BTC because of this panic.

kripto_corumlu

newbie

Activity: 21

Merit: 0

Guys please keep calm,

summary of the day is

panic sellers sold <-> confident buyers bought
weak hands sold <-> strong hands bought
stock guys sold <-> crypto believers bought
.
.
.

today crypto market is much healthier than yesterday because all the weak hands are shaken out, if there will be bull run one day I think it has to start with shaking weak hands.

Topic: finally all the weak hands are shaken out (Read 144 times)