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Topic: Imagine how the guys that sold at $800 feel now (Read 2224 times)

hero member
Activity: 882
Merit: 544
I'm sure most of them feel bad about selling their coins at sub 1000$ but I know that some people out of the ones who sold is not regretting their decision to sell since they got profit or just needed money badly at that time and that selling saved them so I know some of them don't regret their actions because that dump they made might have saved their life or another person's life for example they used it to pay hospital bills and more that is similar to the example.
legendary
Activity: 1176
Merit: 1024
Aslong as we get some profits with this well nothing wrong for selling on whatever price it is we have different decisions and surely our ideas will not meet and be the same and i believe those peoples who bought on 200$ level is sold their coins already for a long time. Remember  their are long time stability when price goes on 500-600$ up and surely people sold what they got and i am one of those seller for that price before.
You are right, active trader never mind about potential profits of future. They will always look for the profits which are possible within the day.

Always on one can be sure about future hence booking profits at any desired level before it will become late must be a meaningful action. Maybe those decisions turn wrong in future but we cannot be sure they again did not enter into bitcoin after seeing prices were running through $800 levels.
hero member
Activity: 630
Merit: 500
Not a big problem if they bought when it was 200$. Do you still feel sorry for them now? Many People bought bitcoins when it was 1$ and most of them dumped their position when it reached 2$. That's %100 profit btw, in case you are not good at maths. Smiley I laugh at people when they are trying to make %10 by trading. That's why i stopped doing that and holding my coins to get at least %1000.
It does not necessarily mean that people who sold coins might have purchased when it was $200 ,i purchased when the rally started at $550 and had a good return when it touched $800 and never thought it will cross the $1000 by December simply because it was reluctant to cross that figure for a long time and so it sold it thinking i could buy back after the correction and i was able to enter back at a price of $950 and with the price now i am still in profit.

Aslong as we get some profits with this well nothing wrong for selling on whatever price it is we have different decisions and surely our ideas will not meet and be the same and i believe those peoples who bought on 200$ level is sold their coins already for a long time. Remember  their are long time stability when price goes on 500-600$ up and surely people sold what they got and i am one of those seller for that price before.
sr. member
Activity: 291
Merit: 250
Not a big problem if they bought when it was 200$. Do you still feel sorry for them now? Many People bought bitcoins when it was 1$ and most of them dumped their position when it reached 2$. That's %100 profit btw, in case you are not good at maths. Smiley I laugh at people when they are trying to make %10 by trading. That's why i stopped doing that and holding my coins to get at least %1000.
It does not necessarily mean that people who sold coins might have purchased when it was $200 ,i purchased when the rally started at $550 and had a good return when it touched $800 and never thought it will cross the $1000 by December simply because it was reluctant to cross that figure for a long time and so it sold it thinking i could buy back after the correction and i was able to enter back at a price of $950 and with the price now i am still in profit.
legendary
Activity: 3430
Merit: 10505
you sometimes need to make some mistakes, even big ones and lose a lot of money before you realize what you did and stop doing that wrong thing.

in this case that wrong thing is listening to what random people on the internet (this forum, reddit, news sites, altcoin pumpers and ...) say without seeing past their bullshit and seeing their real agenda.
legendary
Activity: 1204
Merit: 1028
$800 is the new floor. $1000 stable floor if no bad news. Trading zone $1050-1200, we need to pass $1200 and stay above it for a couple of days before we get too excited.
legendary
Activity: 3094
Merit: 1140
#SWGT CERTIK Audited
I knew Bitcoin was not going any lower than $800 when the forkcoin fears were hovering around. Now Jihan Wu is hated by the entire community except the couple paid shills. Looks like UASF is closer than ever and this is translating into a healthy price.

I think that they behave better than the guys that sold their bitcoin with approximately $200  Roll Eyes
Anyway the price gonna be insane
hero member
Activity: 2870
Merit: 642
You knew because you trusted it.
Others form distrust whenver a big fluctuation comes. I dont think we all have the right speculation here.
In fact, there may be a lot of us here who have done it.
But there will always be a way back.
Some also may have thought it is already profitable and not the greedy type who would want to reach a better price.
It depends on the person doing the trade, if he thinks it is enough.a
hero member
Activity: 714
Merit: 501
It's easy to create threads after the price has gone up considerably making fun of people having sold their coins. Why would you care if people sell their coins at $800? It doesn't harm you in any way.

i agree but to be fair there has been a lot of topics and comments on FUD topics (not by OP) that were warning people not to fall for the FUD and not to panic sell their coins cheap. and in case they wanted to sell make sure to buy back at the bottom fast.
i think those who saw these comments and still chose to believe the FUD needed the loss to gain some experience the hard way. i just hope they have learned their lessons.
legendary
Activity: 1526
Merit: 1179
It's easy to create threads after the price has gone up considerably making fun of people having sold their coins. Why would you care if people sell their coins at $800? It doesn't harm you in any way.

It's well known that people don't know how to make difference between 'fake dumps' and real dumps as result of something actually having a negative impact on Bitcoin. These people will learn how things are eventually.

Without people dumping their coins in panic, we won't be able to buy and sell back. In most cases it's ignorance resulting in the market to crash, and I am sure you take advantage of this as well?
hero member
Activity: 630
Merit: 500
I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .
Theres no guarantee that the price will go higher so they decided to sold at 800$ to have some little profit , .
Even i sold my btc at 900$ and now the price is at 1200$ but i dont feel any guilt to myself.
As quoted there is nothing to think bad off, because bitcoin price is simply unpredictable which anytime moves without any indication. Thereis no need to feel for it because in some sort of requirement it might have been used.

We doesn't know on what will happen on price thats why i cant blame others to sell their coins if they see some dumps gonna  happen in sort period of time. People got theie own decisions and although some others doubt that they sell their coins but i believe majority sells their coins.
 Since they need some immeduate money at that point.

Not all people are stakers since some of people are just using bitcoins to earn money for their own needs.
legendary
Activity: 3234
Merit: 2417
Not a big problem if they bought when it was 200$. Do you still feel sorry for them now? Many People bought bitcoins when it was 1$ and most of them dumped their position when it reached 2$. That's %100 profit btw, in case you are not good at maths. Smiley I laugh at people when they are trying to make %10 by trading. That's why i stopped doing that and holding my coins to get at least %1000.
hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .
Theres no guarantee that the price will go higher so they decided to sold at 800$ to have some little profit , .
Even i sold my btc at 900$ and now the price is at 1200$ but i dont feel any guilt to myself.
As quoted there is nothing to think bad off, because bitcoin price is simply unpredictable which anytime moves without any indication. Thereis no need to feel for it because in some sort of requirement it might have been used.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
Now Jihan Wu is hated by the entire community except the couple paid shills.
I wouldn't call a significant amount of people paid shills, discussion has descended into a state in which everyone calls everyone else a paid shill with no evidence and without actually thinking about it.

Jihan Wu is a complete ass though, and he's clearly blocking SegWit on Litecoin (Bitcoin too, since without him SegWit would be leading dramatically).

The price barely even got to $800, it really is surprising just how strong the floor is for Bitcoin even with all the huge altcoin pumps that were going on then.  The lesson is not to get caught up in things before you really understand the market and the economics of it.  People should be really conservative with putting their money in super risky things like altcoins even if they're not holding a lot (DASH?  Come on, people shouldn't have fell for that.  Price is down all the way to $61 now).
hero member
Activity: 770
Merit: 500
Bazinga!
i really hope this time more people realize what has been going on in the past month or so. because it will keep happening but with a different form and a different topic as it always does.

and peole invested in bitcoin will continue to fall for the FUD over and over again until they stop for a second and THINK. look back at what has been said and what really happened and anyone can realize it was pure FUD to buy cheap coins.

in other words whoever sold their coins, they sold it at a $400 discount to those who were spreading the FUD.
hero member
Activity: 1666
Merit: 753
I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .

Just because they may have sold a bit early doesn't really mean that they don't have any faith in bitcoin.

They may have needed urgent emergency cash for surgery for all we can know, or maybe they just thought that there was a much better opportunity to invest in than to keep theri coins stagnant in their wallet. I don't think that it is fair to judge them on that basis.

But yes, the price has went painfully up over the past few days.

Went from like $1050 from the very start of this trend, to $1200+ now.

I have held bitcoin all along the way, i really don't mind this price hike right now at all. I'm enjoying the bitcoin life Cheesy
hero member
Activity: 1008
Merit: 500
I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .
Theres no guarantee that the price will go higher so they decided to sold at 800$ to have some little profit , .
Even i sold my btc at 900$ and now the price is at 1200$ but i dont feel any guilt to myself.
full member
Activity: 266
Merit: 100
I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .
sr. member
Activity: 448
Merit: 250
I definitely feel bad for the guys who sold at $800.
That was basically the low of 2017. And people who had no patience had to dump their coins there.
Remember always go against crowd sentiment. I mean when people think that it is a good time to buy in usually it's in the middle-end phase of a pump. If you get in then you have a high chance of losing money. And when people think that it's a good time to sell it's usually when they panic and they see that a coin is down 20% in a day, and that's a good time to buy.
I'm just a bagholder right now. Waiting for the fork to happen, and I'll have coins on both chains Cheesy
The people who sold coins for $800 just booked their profits and if you are thinking like that then there are many people who sold their coins for a few pennies or given away for free before 2012 ,people who sold the coins at that rate just booked their profits and when it comes to investment you have to be rational and you must be careful that greed must not take over your decision,i am not telling that holding your coins is a bad thing but there is no wrong in booking a good profit and entering at a different time.
hero member
Activity: 952
Merit: 513
I definitely feel bad for the guys who sold at $800.

That was basically the low of 2017. And people who had no patience had to dump their coins there.

Remember always go against crowd sentiment. I mean when people think that it is a good time to buy in usually it's in the middle-end phase of a pump. If you get in then you have a high chance of losing money. And when people think that it's a good time to sell it's usually when they panic and they see that a coin is down 20% in a day, and that's a good time to buy.

I'm just a bagholder right now. Waiting for the fork to happen, and I'll have coins on both chains Cheesy
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