I sold off all my Bitcoin today, and you should, too. - page 7.

Slash61

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Activity: 633

Merit: 14

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!!!

And I do not care about all your arguments, yes if you can properly multiply profits, then congratulations, if bear the losses then swallow by itself, I hope people are smarter in making a very good decision in this market condition, not to be feared Because the market is not continuously like this, then all the markets have time, to be a little more patient because if every decline is an opportunity to buy more and not disaster.

zakariajaki

full member

Activity: 364

Merit: 103

I strongly agree with your opinion with your attitude to see and observe bitcoin prices, surely everything is measurable, it is waiting for the price in the best bitcoin position that long let alone the current phase instability of bitcoin prices can not be predicted carefully, and if I become you while can generate profits I will sell and buy well, may be useful and successful for all of us

qwertyup23

hero member

Activity: 2268

Merit: 789

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!!!

The decision whether or not to sell their bitcoins depends upon the goal of each investor and their understanding in the current market. Just because the prices went down (which is a common scenario/phenomenon to bitcoin) does not equate to its continuous price decrease. One must study the market thoroughly and understand the current news in order for you to derive into such conclusion.

Another thing, that kind of mindset would only lead you to your downfall as an investor. Rule of thumb: only sell your coins at a price higher from what you acquired them initially. If you bought your coins at a price higher from what is offered currently, then it is highly suggested that you wait for another time or consider before selling your coins.

Caladonian

hero member

Activity: 1302

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Quote from: xuan87 on June 22, 2018, 08:24:21 PM

Selling is going to make the price become worse and I am curious about how you know the best time to comeback, many people only know theory, but the market is not that easy to predict, if you want to sell your coin it's your choice but don't drag other people

If most holders will do what OP is suggesting then surely we will see the big downfall and it will turned that he figure it correctly, I'm not saying that it will not happen but we can avoid it to happen, if most of small holders will also try to hold from their position and allow this bear to passed over, we know by the fact that the value depend on how the market react, I'm still positive that after this we will see the bounce back.

Paycheck

jr. member

Activity: 199

Merit: 1

I don't KNOW the best time to buy back, I can only guess like the rest of us.

If we all sell, it'll dip the prices, so we can all buy back cheaper below 5000 and ride the profit wave!

xuan87

legendary

Activity: 1666

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Selling is going to make the price become worse and I am curious about how you know the best time to comeback, many people only know theory, but the market is not that easy to predict, if you want to sell your coin it's your choice but don't drag other people

Paycheck

jr. member

Activity: 199

Merit: 1

I'm not expecting a huge drop, but if I sell at 6000 and buy back at 5500, then that is still more money for me. And more money for me is more money for me.

stompix

legendary

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Blackjack.fun

Quote from: barota on June 22, 2018, 06:52:59 PM

Yes it was a good decision
Many people has sold bitcoin today and before
no one can hold bitcoin In these last months ,only who afraid to sell
There are people who say hold bitcoin but they sold it since a long time or did not invest in bitcoin even

Speaking of good decisions, do you remember this?

Quote from: barota on November 12, 2017, 04:25:20 AM

price now 5900 usd per btc
bitcoin will fall more . We have not seen the real fall yet . bitcoin Needs to return to at least level 4000 usd

You were telling people the same story at the same price, yet in a month the price jumped to 20 000$.
So, are you still standing by this new prediction?

Quote from: Paycheck on June 22, 2018, 06:35:12 PM

Incorrect. I've been here for years, since 2013, but stopped using my original account. Made this one more recently.

Can't stop wondering why....

Quote from: LFC_Bitcoin on June 22, 2018, 04:30:01 PM

Quote from: bloodchow on June 22, 2018, 04:24:10 PM

better late than never, dont forget $6000 havent break yet, bitcoin still can bounce off 6k and you will lose money from shorting

sell now rebuy bitcoin at 3k or 4k is just nicely made 100% profit on bitcoin Grin

How does your plan work if you sell everything now & we dip to $5,500 but bottom there & pump to back over $10,000. My advice is to HODL for a few years if you don’t desperately need the money now.

Trading is a fools game.

Simple, he will see BTC going up, he will say it's just a dead cat bounce, when it hits 20 000 the FOMO will start kicking and he will end up buying at 50 000$ and then spend a year crying in doomsday threads like this one.

barota

sr. member

Activity: 1176

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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!!!

Yes it was a good decision
Many people has sold bitcoin today and before
no one can hold bitcoin In these last months ,only who afraid to sell
There are people who say hold bitcoin but they sold it since a long time or did not invest in bitcoin even

timerland

hero member

Activity: 1526

Merit: 596

The thing is, you'll never be able to know when things are settled. No way in hell will anyone be able to accurately predict when the prices will hit absolute rock bottom. Plus, selling at this point in time seems quite futile, as you're not likely to get much lower prices anyways.

A better decision if you want to cash out would have been to cash out as bitcoin was having its rally up towards $10k or so. The bear market was already established, yet some people still thought that this was the turning point towards another bull market.

But anyways, I believe that it's starting to become the accumulation stage. Start buying using dollar cost averaging, and hold for the long term. That's the primary strategy imo.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Don't tell us to sell our bitcoins because you're doing and going to the wrong direction.

Can't you see that this is a time to buy more bitcoins instead of selling it. You will buy back when the price goes lower, what price are you expecting? $5,000?

Quote from: rajapatr1 on June 22, 2018, 05:11:16 PM

then just sell all of your bitcoins and get the fuck out of here, came on, do not be a dumbass

Bars n rap!

shaw1

sr. member

Activity: 504

Merit: 297

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People are funny.

I consider myself a latecomer to bitcoin.
Mid 2016 ish.

Actually started to "buy" in 2017. Before was just faucets, and such.
Bought @ 1500.

So I don't get the panic.
It's still up over 100% in a year. And far more than that at my buy in.

Call me silly, but that still seems like a pretty solid return. Of course there was going to be a pull back! The price spiked way too high, way too fast. Anybody who thought otherwise was fooling themselves.

Just remember. 90% of traders or more lose their money. And they're all trying to follow the same signals.
https://memes.getyarn.io/yarn-clip/8a145607-7b64-4e2d-897b-dc3027fb60c8

When everyone is selling, I'll buy, thanks very much. Cool

And when everyone starts buying again, then I'll sell.

The technology is too powerful. It isn't just going to close down, and go back to being a nerd toy.

Paycheck

jr. member

Activity: 199

Merit: 1

Quote from: OgNasty on June 22, 2018, 04:01:30 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!!!

Looks like you registered your account recently and bought the bubble at the all time high. If you're selling now, I have to wonder if this isn't the time to be buying. Wink

Incorrect. I've been here for years, since 2013, but stopped using my original account. Made this one more recently.

siagh357

newbie

Activity: 143

Merit: 0

It is good you sold yours but hope you won't regret later and beat your chest for selling a valuable item in the near future. Bitcoin like any other asset has it up and down and this does not mean to dispose it off.

bncbnc

hero member

Activity: 840

Merit: 500

Quote from: LFC_Bitcoin on June 22, 2018, 04:30:01 PM

Quote from: bloodchow on June 22, 2018, 04:24:10 PM

better late than never, dont forget $6000 havent break yet, bitcoin still can bounce off 6k and you will lose money from shorting

sell now rebuy bitcoin at 3k or 4k is just nicely made 100% profit on bitcoin Grin

How does your plan work if you selp everything now & we dip to $5,500 but bottom there & pump to back over $10,000. My advice is to HODL for a few years if you don’t desperately need the money now.

Trading is a fools game.

Everyone has their own choice. My choice is to hold bitcoin for a long long time. We should not get panic even if the price break the 6000$ level, because bitcoin price has good potential and its rice can recover at any stage. We need just to remain calm and hold and watch the market from time to time, and hopefully we will see the once again trading above 20000$.

Ayiranorea

sr. member

Activity: 1246

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Leading Crypto Sports Betting & Casino Platform

Many users could have done it, because such a price drop even after lots of positive news around the market is something a varied experience. Myself has got plans to hold my bitcoins for a long term, else I too would have got stick to the plan of selling out all my holdings.

rajapatr1

member

Activity: 189

Merit: 10

If you really think that a real crash is going to happen, then just sell all of your bitcoins and get the fuck out of here, came on, do not be a dumbass

LFC_Bitcoin

legendary

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#1 VIP Crypto Casino

Quote from: bloodchow on June 22, 2018, 04:24:10 PM

better late than never, dont forget $6000 havent break yet, bitcoin still can bounce off 6k and you will lose money from shorting

sell now rebuy bitcoin at 3k or 4k is just nicely made 100% profit on bitcoin Grin

How does your plan work if you sell everything now & we dip to $5,500 but bottom there & pump to back over $10,000. My advice is to HODL for a few years if you don’t desperately need the money now.

Trading is a fools game.

bloodchow

newbie

Activity: 78

Merit: 0

better late than never, dont forget $6000 havent break yet, bitcoin still can bounce off 6k and you will lose money from shorting

sell now rebuy bitcoin at 3k or 4k is just nicely made 100% profit on bitcoin Grin

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

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

For now, SELL YOUR BITCOINS!!!

What do you do when bitcoin is down from 8k - 7k - 6k? and for now when it starts to fall more deeper you just want to sell it to buy at a cheaper price.
maybe when you sell it the price goes back up and you buy it again at a high price.
and im just just follow the trend market.

Topic: I sold off all my Bitcoin today, and you should, too. - page 7. (Read 1012 times)