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Topic: I will not sell under 20.000$ ! Why you do ? - page 2. (Read 1710 times)

member
Activity: 700
Merit: 14
September 25, 2020, 07:18:06 AM
2 years have passed and yet BTC has not returned to $19K usd. So those who sold their BTC did the right choice if they needed that money for something else. Also, it would be better if those who bought will keep on trading as BTC price goes up and down frequently which gives better profit. Is there anyone from this thread who bought BTC at $19K? Anyone? I would like to find out how are you doing now.
hero member
Activity: 1218
Merit: 557
September 25, 2020, 07:09:48 AM
In fact, in the past few months, the short-term investment factor is clear and it is feasible to sell it when it reaches a reasonable price because it will rise again in a moment. this has continued to happen and many may not take advantage of this opportunity. but when it reaches the $ 20K mark I don't think to sell it because the sign of going higher will occur.

Bitcoin continues to rise and will do so in future as well. It could be in short time we may see a good couple of thousands dollar rise suddenly and in that time those who had already sell may regret later. Unless those who are only for short term it is different story else for long term just continue holding it unless require money on urgent basis. We will see it crossing even 20k mark.
hero member
Activity: 3010
Merit: 629
September 25, 2020, 06:59:05 AM
The peoples who bought Bitcoin at 19k$, why you are selling them now ? You bought at 19k$ sell higher than that !
During that time people are assuming the price will going to increase consistently thus they buy even the price is expensive. Unfortunately it go down slowly without clear direction, just a pure volatility. Its a sad scene for investors who bought during ath, and to save themselves for further losses some of them chose to sell and quit. You cant blame those who decided to already sell at loss, they have reasons. We always advice to buy low, sell high but for greedy people, they will buy regardless of the price as long as the market is on uptrend status, thinking its the right time to engage themselves in crypto. For me i'd rather wait and forget the market or a while to refrain myself from selling at the wrong time.
STT
legendary
Activity: 4060
Merit: 1448
September 25, 2020, 06:32:16 AM
Quote
Why continue to Hold when you can buy in lower value?

If there's to be a reason for speculators to have any say, there probably requires a basic market involving holding BTC and this is true, BTC is valid to hold to the surprise of 99% of the traditional finance world.   We definitely need a base use for BTC before all these ideas of speculating on price can occur.   If you hold BTC you can be involved with various business that will use BTC as capital and cashflow for their operations, most obvious example is gambling but there are other businesses also I think.
  I wouldn't criticize anyone for holding when I rely on BTC and its multitude of layers to exist and compliment each other in order for me to have some chance of speculating and being correct in a trend.   Its totally valid to hold and I hope that continues to be true or we're all worse off fairly sure.
full member
Activity: 2268
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 25, 2020, 06:09:28 AM
In fact, in the past few months, the short-term investment factor is clear and it is feasible to sell it when it reaches a reasonable price because it will rise again in a moment. this has continued to happen and many may not take advantage of this opportunity. but when it reaches the $ 20K mark I don't think to sell it because the sign of going higher will occur.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
September 24, 2020, 07:53:34 AM
This is an old thread but it still resonates with the current time. I won’t be selling anything under the ATH either & why would I. With traditional fiat currencies tumbling bitcoin will moon next year.

Do not sell yourselves short!
Most of the time reality will be opposite to the expectation. In simple, people hold for a long with patience, but close to the target the price starts to decline. This makes people hold bitcoin and other cryptocurrencies for a much longer time period than predicted. Always it is go with earning between the market fluctuation, because we don't know when the price is gonna reach its ATH and what is it's new ATH.
hero member
Activity: 2128
Merit: 520
September 24, 2020, 06:20:22 AM
I will never sell under 20k$, even if Bitcoin go to 100$ ...

The peoples who bought Bitcoin at 19k$, why you are selling them now ? You bought at 19k$ sell higher than that !

If you don't beleive at this technology do not buy anymore.
No one force you to do so,but remember that "Buy Low Sell High" is best way to make profit in this volatile market.

Why continue to Hold when you can buy in lower value?

the market experience a Drastic dropping so better sell before that then buy when the bottom has reached.
full member
Activity: 700
Merit: 108
September 24, 2020, 03:36:05 AM
I will never sell under 20k$, even if Bitcoin go to 100$ ...

The peoples who bought Bitcoin at 19k$, why you are selling them now ? You bought at 19k$ sell higher than that !

If you don't beleive at this technology do not buy anymore.

that's fair.. but:
1) what if price never touch 20k again?
2) you are losing the opportunity to gain something via trading (i admit not everyone like to trade)

my little and obvious suggestion is to not move 100% in single moves, unless you have a very small bag
legendary
Activity: 3094
Merit: 1127
September 23, 2020, 05:53:52 PM
This is an old thread but it still resonates with the current time. I won’t be selling anything under the ATH either & why would I. With traditional fiat currencies tumbling bitcoin will moon next year.

Do not sell yourselves short!
In your case but not for everyone excluding to those people who had purchased coin in high price and had already panicked sell due for them to believe that price wont able to recover.Some wont really have that strong will and discipline to hold up their assets.Some do find it simple but majority would really be on the struggling and stressful side.We do have our own targets in life and on the price on where we do sell.$20k might really be
still a long far stretched target to wait on thats why i cant blame for those someone who do tend to make out decisions on selling on panicked and did tend to involved or deal with moving lower prices
and do make trades with it on a least to compensate the loss that they had committed.
sr. member
Activity: 1918
Merit: 370
September 23, 2020, 03:37:42 PM
This is an old thread but it still resonates with the current time. I won’t be selling anything under the ATH either & why would I. With traditional fiat currencies tumbling bitcoin will moon next year.
We all do have this limit when it comes to pulling our investment, some says that 10% is enough some says 20% and so on, but all of this should also depend on the market situation, just take a look at the market right now, with so much DeFi on the run bitcoin can barely reach $12K. I also expect ATH this year, but it seems impossible as we go on the end of the year. I'm not trying to spread some negativity, that's what I just see.

Do not sell yourselves short!
Short term trading with bitcoin is better to make profit than just holding actually, but the risk is higher.
legendary
Activity: 3262
Merit: 1614
#1 VIP Crypto Casino
September 23, 2020, 03:23:55 PM
This is an old thread but it still resonates with the current time. I won’t be selling anything under the ATH either & why would I. With traditional fiat currencies tumbling bitcoin will moon next year.

Do not sell yourselves short!
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
September 22, 2020, 12:02:55 PM
Everyone has the right to set its own limits at what price to sell. However, you might wait quite a long time for Bitcoin price to achieve 20000$ although it's good that you probably have enough patience and therefore you are not one of those who will be tempted to panic sell. I hope that sooner or later you will be rewarded.
copper member
Activity: 479
Merit: 11
September 22, 2020, 10:15:05 AM
The panic sellers face the loss. I won't suggest anyone to sell his coin if he bought it at higher rate and now the price is lower than that time. Agree with OP, just hold your coin until it goes up again. I have invested also while the price was up. And I'm waiting for the good future. I believe it will be up again.

But not all the people have the patient to wait, they should if they are uncomfortable withholding their coin and it's become a source of depression if you bought on all-time high and you still holding your coin, congratulation it'snot really this easy since you have waited three years already, you just have to wait a little longer in a year time you will make a profit and your patience will be rewarded.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
September 22, 2020, 08:00:23 AM
Like for example You have make a researches and in your perception the price of Bitcoin will fell down badly like what happen last march. don't you think you will not Sell to buy again in deep?
If someone sell his coin by proper technical analysis before the price goes down and buy again when it reach deep is not a panic seller. And if I get the opportunity I will do it too. But if anyone don't have idea about the price movement and sell his coin with panic, won't going to buy while the price will reach deep. Without observing the price always I prefer to hold with hope.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
September 22, 2020, 06:51:44 AM
The panic sellers face the loss. I won't suggest anyone to sell his coin if he bought it at higher rate and now the price is lower than that time. Agree with OP, just hold your coin until it goes up again. I have invested also while the price was up. And I'm waiting for the good future. I believe it will be up again.
There are some situation that Panicking is legit mate and don't just look in the bad side.

Like for example You have make a researches and in your perception the price of Bitcoin will fell down badly like what happen last march.
 don't you think you will not Sell to buy again in deep?

price of Bitcoin that time fell from $9,000 to $4,000 thats a great chance to sell and buy again right?

so better look in both areas if the panic is for bad or in good.
hero member
Activity: 1722
Merit: 528
September 22, 2020, 04:37:32 AM
We have our own goals, we have our own purposes.

What if he sold lower than the price he bought his Bitcoin because there is this emergency that he needs to tend to and he wanted to use the money? There are reasons that we don't know and I hope it is not just something they don't know. I will hold since that is how it should be and I will sell if I wanted to but that doesn't mean that I wanted to lose my money but because I needed it and I reached my goal and I am not talking about all of it.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 22, 2020, 04:11:21 AM
The panic sellers face the loss. I won't suggest anyone to sell his coin if he bought it at higher rate and now the price is lower than that time. Agree with OP, just hold your coin until it goes up again. I have invested also while the price was up. And I'm waiting for the good future. I believe it will be up again.

It takes patience when buying bitcoin in a high enough price situation and is now experiencing a decline, there's no need to panic and I agree with that. because if we buy, because we believe that bitcoin will increase. need patience because there is a process to go through but I am sure bitcoin at the end of the year will reach $ 15K and will not stop until next year will continue to increase.
full member
Activity: 2520
Merit: 204
OrangeFren.com
September 22, 2020, 02:03:32 AM
Why would i?because i want to profit and waiting in this situation will not bring me any so i choose to sell when the price grows almost $13k and now i bought again recently when the price subside to below 10k for a while.

Yeah Holding is the Best way to keep safe and profit but in this chance of time as pandemic brings more trouble?
i need to make money and selling at high and buying low is what i did.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
September 22, 2020, 02:01:45 AM
The panic sellers face the loss. I won't suggest anyone to sell his coin if he bought it at higher rate and now the price is lower than that time. Agree with OP, just hold your coin until it goes up again. I have invested also while the price was up. And I'm waiting for the good future. I believe it will be up again.
full member
Activity: 980
Merit: 114
September 22, 2020, 01:34:22 AM
My friend bought bitcoin around $18700 in December 2017 when bitcoin witnessed surge in pricing. I can still confirm to you that until now he is still holding with the aim of sell above $20,000. Bitcoin will still get above $20,000 but when that is going to happen is what we did not know.
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