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Topic: Is everyone "Cashing out" - page 4. (Read 1186 times)

full member
Activity: 728
Merit: 131
December 22, 2017, 09:24:42 PM
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??
most of the holders are, but don't worry about the fall if you cash out before the fall well congrats to you, if not we just need to wait till the new year comes, im pretty sure it will climb up more than the old record ! so stay holding!
sr. member
Activity: 493
Merit: 250
The Future of Crypto Trading | Apollo
December 22, 2017, 09:12:49 PM
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??

No, GDAX are continuing with their market manipulations. When the BITCOIN price hit the 12.8K-13.3K level, they forbid the buy orders, trying to add additional pressure.
GDAX is now on my blacklist and I will never use them again.


Is GDAX really controlling the market value of bitcoin? I thought it is in the hands of all the investors in bitcoin. People are a bit scared right now that they will lose their profit. That's why, I think is the reason.

No, they are not controlling the market value of Bitcoin, but they can manipulate it, because they are 'one of the trusted' exchanges and they do. Like stopping the buy orders. This mean people there can't buy bitcoin, but can only sell, pushing the price down.
newbie
Activity: 70
Merit: 0
December 22, 2017, 06:08:25 AM
I'm not cashing out lol - in it for the longer term 1-2 year +.  TBH 5 years minimum is probably the best time frame.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
December 22, 2017, 06:06:23 AM
We are not even at XMAS yes so I think if the markets correct anymore there will be a mass panic sell and crash, already 40% crash in 3 days is enough to set the markets tumbling. I think next few days we will see Bitcoin below 10k USD and all the major alts down another 50-70% so then all those peeps who bought recently and who are holding will be the big losers while the earlier whales profit taking make huge gains. Unfortunately I just moved house and couldn't sell my coins in time at a profit so am in big loss right now as a holder.
full member
Activity: 798
Merit: 103
December 22, 2017, 06:05:56 AM
I think Bitcoin needs this correction. And lots of people were saying that Bitcoin was going to go down near half of his value and then it is going to jump more higher. We are going to see if the jump of the price is going to be true or not.
full member
Activity: 574
Merit: 101
December 22, 2017, 06:05:50 AM
It is bonus season. Everyone gets bonuses in the business world. A lot of people have to pay bonuses, others to buy presents. I kinda expected it, but the alts were running so great the last two days, that I didn't manage to withdraw prior to the profit taking.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
December 22, 2017, 06:05:32 AM
#99
Nearly Christmas and new year so i think lots of investors cashing out to relax in these day. Dont panic sell now, it will make you lost everything!
sr. member
Activity: 546
Merit: 253
December 22, 2017, 05:55:18 AM
#98
I think that the investors withdraw their money to prepare Christmas Eve lol. Actually, this is just a normal thing. After 1 year trading and investing, this is the time to investors sell their coins to get profit. in 2018, they will come back and the market will rise again
member
Activity: 224
Merit: 12
December 22, 2017, 05:43:33 AM
#97
It looks like whales and a lot of investors are cashing out before the christmas,like lastyear it happens too and when dec.26 comes it will go back to normal
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
December 22, 2017, 05:41:49 AM
#96
Normally when the price of a coin starts to decline that's the main fault of it's decrease. And 3 more days Christmas is coming and everybody is starting to have their wealth from crypto to welcome the holidays. But the opposite return of this to crypto is going to be great, bitcoin is starting to increase again as it went back at $14,000 and I hope it will be the start of it's come back.
member
Activity: 191
Merit: 21
Decentralized Security - DIW
December 22, 2017, 05:40:22 AM
#95
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??

Large cash out pre-xmas is a natural movement. Should start pumping by late late 2017.
newbie
Activity: 72
Merit: 0
December 22, 2017, 05:36:39 AM
#94
While some say hold your position in hopes that prices would start climbing again soon, the word 'hope' is the main problem here. We can't base our decision on emotion and it would be best to preserve our funds so we can gain another day of trading.
member
Activity: 308
Merit: 18
December 22, 2017, 05:34:30 AM
#93
I dont think so, because everyone needs money for the christmas so some of them is cashing out. This is the one factor if the alternate coins is getting dump and some of the investors is cashing out. Just expect after this year there will be a pump in alternate coins and many investors will invest again in here. Dont be afraid if everyone is cashing out because there is a purpose why they are cashing out.
newbie
Activity: 61
Merit: 0
December 22, 2017, 05:31:01 AM
#92
The whales are robbing the newbies, standard procedure. In one month price goes from 8000 to 19000, newbies buy, than when it goes back to less then 10000 newbies panic sell. There are lots of people in for a get rich quick, and they tend to buy when everybody is buying, and to sell when everybody is selling. Anyway, great opportunity for all the rest of us, to earn some bucks. Just, don't panic.
full member
Activity: 224
Merit: 100
December 22, 2017, 05:20:58 AM
#91
That's possible,lot of people are preparing for the Christmas celebration and need cash and since the value really increases a week ago it's so tempting to cash out for almost everyone need money in this holiday season.
member
Activity: 210
Merit: 10
The P2P Marketplace For Digital Content
December 22, 2017, 05:12:05 AM
#90
Seems like everybody wants their christmas to be the happiest christmas of their life.even the whales and small fishes cashing out.
newbie
Activity: 98
Merit: 0
December 22, 2017, 05:09:00 AM
#89
Ouch. I saw the correction coming, but did not expect 22% os a loss now. I dont think it will get much worse now though since the top coins are worth as much as they were a month ago.
Fair points made in this thread about xmas, investors waking up etc.
Im taking note and will remember this for my future of this hobby.

sr. member
Activity: 524
Merit: 258
December 22, 2017, 04:39:44 AM
#88
They are cashing out to get some cash for the christmas holiday to spend some of their profits with their family,IMHO. So we better ready for the big dip and buy it as low as it can be so once it gets pumping again we can see how our investment will go.
newbie
Activity: 59
Merit: 0
December 22, 2017, 04:27:01 AM
#87
Once all the social media investors see this news it will drop as much as it
Raised but I will be ready to buy some cheap coins and hold them till later on in the year
When it doubled in price

2018 will be a very interesting year for Cryptocoins
Iv just spent a lot of money on a rig so am looking forward to this
full member
Activity: 406
Merit: 102
December 22, 2017, 04:15:38 AM
#86
Someone is buying as well  Smiley as my coins have real value, I do not care about crash but it is indeed bad for most people.
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