In stock markets, it is usually the best time to buy when everyone lost confidence and couldn't see the bottom. I am applying the same rationale to bitcoin.
Bitcoin is not a stock, its not even a currency there is no demand for it, STOP comparing it to stocks and currencies. Until the developers get off their asses and create a demand for this coin it is nothing. intangible invisible property anmd nothing more. Its a gateway for gamblers and porn watchers, for drug dealers and criminal and terrorists and nothing more.
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..
You, sir, have what is termed "weak hands".
You sir have what is termed "blind faith"
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..
Thanks for the cheap bitcoins. I appreciate the sale. If you happen to acquire any more for any reason, I suggest you sell them as quickly as possible so I can get some more.
I call BULLSHITY, if you really were really buying that many coins then the price would not be diving so hard. Your an idiot Show us your wallet address. let us confirm how many "Cheap Coins you have really bought this past week HAHAHAH. No talk needed just a wallet address YOUR wallet address since you are to cowardly to list one
I really didnt wanna do it, but there just seems to be no fucking bottem... Such a persistent steady down rise. I hope another ALT will rise, Ill hop on ASAP. LTC seems to be moving..
Thanks for the cheap bitcoins. I appreciate the sale. If you happen to acquire any more for any reason, I suggest you sell them as quickly as possible so I can get some more.
THIS.
to anyone else thinking of selling at this price:
Every time someone
sells their coins, then that means some one else
bought them at that price.
before you sell them, always think: who is buying at this price? are they buying at a low in order to sell at a high or am i selling at a low? do i really think btc price is going to 100, 50 or 1? what has changed since i decided to buy in at the price i did? what will be needed to change to get the price back above my buy in price? can it happen? can i afford to hold until it does? are bitcoins tulips 2.0, or something more?
the market allows winners to take from losers. in order for them to do that, winners buy low (from ppl selling low) and sell high (from people buying high). once this has really sunk in, you think about your trading very differently... really! (its so so simple its actually hard)
/arrogant rant over
Very few people are winning in Bitcoins right now, since there is no demand for Bitcoin, the only thing it has is its tradable value and since you have more sellers than buyers, the price declines, the problem is you guys and your FHP (false hope posts) are contradicting to what is really happening. If all these people were buying the coins as fast as people were dumping them the price would never move, but the honest truth, it has done nothing but decline the past 7 months. DECLINE DECLINE DECLINE, which tells the true story that all you idiots telling everyone "thanks for the cheap coins" and " yes sell your coins so i can buy them cheap" and "Way to go dont let the door hit your ass on the way out Ill buy all your coins" You guys are all talk and no proof, These members rarely have a bitcoin address listed so you can see the proof of thier lies, they have no websites, they have nothing contributing to Bitcoin except the normal pump scam and false hope posts. and the market tells a different story than them. Ill believe the market not the morons posting this crap.
selling after a huge run down in price.
Great move.
If you believe in the fundamentals, this
is the worst time to sell... (If you
don't, you should have sold a while ago.)
What makes you feel their are any kind of fundamentals in a currency that has no demand. Please learn a bit about what fundamentals are in currency trading. Fundamentals are based on insight into how price action “should” or may react to a certain economic event, based on the response of the market during that same economic events movement the previous months in conjunction with that events movement the previous year . Since there are ABSOLUTELY NO economic events that would alter or move the bitcoin market THERE ARE NO FUNDAMENTALS IN THE BITCOIN MARKET., WAKE UP PEOPLE there are some true Forex traders in here who just laugh every time they read one of you idiots talking about bitcoin fundamentals and technical urinalysis, trying to play the big wig forex analyst.