I sold off all my Bitcoin today, and you should, too. - page 5.

Ararbermas

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Activity: 2016

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Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

seriously? Lol good luck mate i hope didn't repent soon when you notice the market bullish 'cause as now the bitcoin price is gradually increasing and it seems no tends to go down more om this circumstances, hehe well i have doubts also perhaps after month of july it will touch down 7k again and will constantly soar at mid like what others expecting.

ice18

hero member

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I think you didn't sold any bitcoins because you dont have at all lol only fools can sell their coins in this market situation there is no profit at all to sell OP make a thread and convince us to dump bitcoins so that he can buy much lower.

mkhadazz

sr. member

Activity: 560

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no I do not sell all the bitcoin I have today because it is a very sloppy and stupid act because bitcoin prices are still very cheap and I'm sure you sell when you panic because the bitcoin price falls, you should not do such a thing.

alex M

newbie

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Quote from: Gotomoon on June 25, 2018, 04:56:50 PM

Quote from: Ulan01 on June 24, 2018, 09:43:49 PM

Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Currently the bitcoin value is below, so what to sell when it only gets a loss and I think the decline has ended. so we need a little patience and this should be our time to buy.

This creates panic selling to others who have in weak hands. If selling today a huge lose will have, so why not hold and if you can buy some at this price. We all know bad news coming so in this case we need patient on our btc.

Yes of course. For me panic selling is not the best solution for this downtrend of price. It would only result to continuous dipping of bitcoin's market value. But we cant control some investors and holders to immediately sell off their coins in times like this. And when this bearmarket ends only those who have patience are the winners.

badungs

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Activity: 574

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if you want to sell all your bitcoins, it's up to you, all the decisions are in your hands. because I think to sell everything, maybe this time is not the right time. if indeed you want to sell, you better sell some of it, do not need it all. because I think this is the right time also to buy. if indeed you want to sell to trade, maybe this time is the right time to minimize the occurrence of greater losses. everyone will not understand exactly when this situation will end. so if you are in doubt, better sell some, not everything should be sold.

Babylon

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Why would you even ask for people to follow your step?
If you believe in Bitcoin and trust it then you would know that it would recover soon ,
If you want to make some profit from it then you should buy some soon when the price drops lower then hold it.

Zadicar

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Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

If you do sell out to cut losses then you are a fool but if you are shorting and make profits then its a quite wise thing to do. No one really knows on which one you are into but you should not add up some words feels like you are discouraging anyone. Yes lots of bad news but it isnt a new thing on bitcoin or crypto itself. If you had converted then its your choice buyback on cheap prices will be the main target or purpose now but it seems we do already hit it up when the price drops on 5800+. Have you able to purchase?

Gotomoon

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Quote from: Ulan01 on June 24, 2018, 09:43:49 PM

Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Currently the bitcoin value is below, so what to sell when it only gets a loss and I think the decline has ended. so we need a little patience and this should be our time to buy.

This creates panic selling to others who have in weak hands. If selling today a huge lose will have, so why not hold and if you can buy some at this price. We all know bad news coming so in this case we need patient on our btc.

roxbit

member

Activity: 294

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Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

You are free to do what you think is right for you. Everyone is entitled with their own decision. If you think you are going to get your money back then go ahead sell all your bitcoin because someone else out there is willing to buy. I hope you will not regret your decisions. Yes almost all crypto are declining when you look at the graph yet it doesn’t mean to be forever. Bitcoin will bounce back again soon just stay still.

kodtycoon

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Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

I think this is the lowest price for bitcoin, I'm sure the market will recover though slowly and there seems to be no sharp decline anytime soon, which is why I still hold my bitcoin and will not sell it just to wait for the big drop to happen again and buy more lots of bitcoin.

STT

legendary

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Quote from: Paycheck on June 22, 2018, 03:53:44 PM

I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

So you owned Bitcoin and then you bought government notes in exchange for your assets. You are now hoping the government can resist the urge to print too much money to pay its debts. If you are in Venezuela you just made a big mistake, they will cause you losses for holding cash.

If you live in USA or most of Europe you will also lose most of your cash over a decade and a few percent at least in the next year.

A better idea then just selling is to use the Bitcoin, hold it with a gambling firm perhaps. Some of them pay a yield. There are a few possible uses or you could pay off your house debt I suppose, thats a real return and reduces your bills. Just plain holding cash, is poor timing when interest rates are so poor and the world has so much debt

Gameroid

hero member

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Quote from: removebeforeflight on June 24, 2018, 11:21:43 PM

Hope you are a panic seller and suggesting everyone to panic sell their investments in Bitcoin. This is not the right time to sell and this is the perfect time to buy Bitcoins or any other coins, I would suggest you to hold your coins for another couple of months to get maximum profit.

Probably in August the price of Bitcoin would rise and the bullish market would start start from July mid week I think.

Panic selling always create problems, we should encourage the investors to continue holding their bitcoin, and should not sell in such a low price, from where they cannot get anything without a big lost, i think that if they will continue holding their bitcoin after some time they will surely recover their lost and will instead of a big lost will convert it into profit.

removebeforeflight

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Hope you are a panic seller and suggesting everyone to panic sell their investments in Bitcoin. This is not the right time to sell and this is the perfect time to buy Bitcoins or any other coins, I would suggest you to hold your coins for another couple of months to get maximum profit.

Probably in August the price of Bitcoin would rise and the bullish market would start start from July mid week I think.

jamids

sr. member

Activity: 616

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Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

What support do you have that it will continue to go lower or is it your gut feeling? When did you bought those coins? Did you have profit when you sold it or you already lose half of its value? I don't think it is just enough that just because you saw many negative news about it the price would go lower. The aim for me is to lose as little as possible when trading so as much as possible cut your loss when the price didn't go your way at a percentage loss you are comfortable taking. You may be right of selling it and buy back lower but the price is already up now so we don't know yet if it would go down more or may be start of going back up again.

Ulan01

jr. member

Activity: 178

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Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Currently the bitcoin value is below, so what to sell when it only gets a loss and I think the decline has ended. so we need a little patience and this should be our time to buy.

latchookart

newbie

Activity: 42

Merit: 0

you can't predict exactly when the crash will happen. You should have made a nice little profit after their most recent run-up, but if you don’t sell them before they crash, you’ll lose all of your money.

P.S. For savvy investors looking where to put their money next: The entire crpyto market is worth over three-quarters of a trillion dollars as of writing. When these markets crash and all of that value disappears, there’s going to be a recession. Recessions are categorized by a drop in available liquid assets, and thus a drop in spending, so $750,000,000,000 disappearing should just about do it. When all of that money disappears, lots of people are going to be defaulting on loans and cutting back spending, which will result in job losses and further spending cuts.

shaw1

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So, I wonder. Is this where people are going, since poloniex disabled the trollbox? Roll Eyes

Honestly, anybody offering investment advice is an idiot. If you are so fiendishly clever with your investing, you wouldn't be giving it away for free. You would make a handful of trades, and retire to the Bahamas.

The other case, is that you aren't a true bitcoin hodler, and you'd just like to create fear, and chase people into funding your bitcoin short. That's more likely to be the case.

I suppose, though, that there is also just a third option. You might be an egomaniac who thinks the world of himself, and yet has no idea about economics, or cryptocurrencies.

I'm going with number 2, or number 3. But I think number 2 is giving OP a lot of credit.

GoldenLad

member

Activity: 266

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Someone is trying to mess up people's brains and decisions. What's up with people creating unnecessary FUDs and panic. OP, if you have sold all your coins; good for you, if you are planning to buy again when the price is low, good luck with seeing that time when the price will be dip enough to go low for you to buy again cause if you are selling now, which means you will be buying when the price is high. Lol...seriously, you know nothing about cryptocurrency.

Shinpako09

legendary

Activity: 2058

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Quote from: Paycheck on June 22, 2018, 03:53:44 PM

Bitcoin prices are about to shit themselves, big time. Lots of bad news today. I went to my account and moved to cash. When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

You are telling others to sell their bitcoins so that you can buy at a lower price if they do. If i'm going to sell it's because I need a fiat not because you told. Price now back at $6186 after going down to $5780 in bitstamp. LOL.This isn't the panic people expecting and now for sure they are in panic again. They thought the fall will be continues atm.

XCANA

full member

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If you sell all your Bitcoin for the reason best known to you which may not be applicable to any other person reason why he or she should sell off his or her Bitcoin. At the current market value of Bitcoin and altcoins is a time to buy more and hold for a period pending when its value appreciate and not to sell what ever one is holding at the moment.

Topic: I sold off all my Bitcoin today, and you should, too. - page 5. (Read 1012 times)