Just sold all my BTC because | Bitcointalksearch.org

Silberman

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Quote from: Tilbrook007 on May 06, 2018, 07:43:27 AM

This market does not have the steam to break 10K
Will buy back in when things are making more sense.
Bitches are buying ETH and Bitcoin Cash
BTC dominance is going down hill
A Bear Market could be triggered if BTC goes below 9520 according to one analysts. it has already done that today: Tread carefully and use stop loss if you recently bought in!
When you sit and see BTC go down 450 USD in a day you need to ask yourself WHY? Whales didn’t do it is called market sentiment. The whales spiked it 1000 USD in 5 minutes not long ago and caused this mini rally!

It is to your decision whether you like to be in this market or not and what coins you choose as a new investment, if you really invested in ethereum then I think you made a bad move because ethereum went down in price significantly since that day, so it's likely that you are now losing so much money that is going to take a lot of time to recover it, and now you have no other option but to keep holding you ethereum or sell and face the terrible consequences of your actions.

arinalwa

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Quote from: ThunderCatSteve on September 25, 2018, 09:23:23 AM

Quote from: El duderino_ on August 26, 2018, 07:20:30 PM

Quote from: suzanne5223 on August 26, 2018, 06:34:08 PM

Quote from: LFC_Bitcoin on August 26, 2018, 05:23:47 PM

OP, congrats on confirming yourself as a fiat debt slave for the rest of your life.

Well, I don't believe a single thing which the OP said about selling all his/her bitcoin holding because we both know that selling all ones bitcoin holding without leaving some is the most worse idea cause we both know that all other altcoin are just a copy cat of the bitcoin protocols.

Whatever iT is ..... good to sell cheap into true hodlers Wink

At the weekend the price of bitcoin usually gets lowered because people can't make bank transactions and usually can't invest and trade on the exchanges.
But this doesn't mean to sell 100% of your all assets because it isn't a smart move as you usually see going from $10k to $450 is something that could really destroy the whole crypto ecosystem which I think is not going to happen anytime soon. 

It is not a good idea because bitcoin is not only a currency but also a coin business. Selling your bitcoin means that you have stopped your earning source. That’s why I always say that one should invest only extra money in bitcoin so that when he needs money he would not sell his holdings, because of the price would low he would lose hid investment.

ThunderCatSteve

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Quote from: El duderino_ on August 26, 2018, 07:20:30 PM

Quote from: suzanne5223 on August 26, 2018, 06:34:08 PM

Quote from: LFC_Bitcoin on August 26, 2018, 05:23:47 PM

OP, congrats on confirming yourself as a fiat debt slave for the rest of your life.

Well, I don't believe a single thing which the OP said about selling all his/her bitcoin holding because we both know that selling all ones bitcoin holding without leaving some is the most worse idea cause we both know that all other altcoin are just a copy cat of the bitcoin protocols.

Whatever iT is ..... good to sell cheap into true hodlers Wink

At the weekend the price of bitcoin usually gets lowered because people can't make bank transactions and usually can't invest and trade on the exchanges.
But this doesn't mean to sell 100% of your all assets because it isn't a smart move as you usually see going from $10k to $450 is something that could really destroy the whole crypto ecosystem which I think is not going to happen anytime soon. 

El duderino_

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Quote from: suzanne5223 on August 26, 2018, 06:34:08 PM

Quote from: LFC_Bitcoin on August 26, 2018, 05:23:47 PM

OP, congrats on confirming yourself as a fiat debt slave for the rest of your life.

Well, I don't believe a single thing which the OP said about selling all his/her bitcoin holding because we both know that selling all ones bitcoin holding without leaving some is the most worse idea cause we both know that all other altcoin are just a copy cat of the bitcoin protocols.

Whatever iT is ..... good to sell cheap into true hodlers Wink

bitcoin31

hero member

Activity: 1834

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You are lucky because you are already sold your bitcoin with higher price . Because right now bitcoin dumped you may now buy more bitcoin again because once you invest again you can get more money , nothing to be worry because you buy it with cheaper price.

suzanne5223

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Quote from: LFC_Bitcoin on August 26, 2018, 05:23:47 PM

OP, congrats on confirming yourself as a fiat debt slave for the rest of your life.

Well, I don't believe a single thing which the OP said about selling all his/her bitcoin holding because we both know that selling all ones bitcoin holding without leaving some is the most worse idea cause we both know that all other altcoin are just a copy cat of the bitcoin protocols.

dobladi

full member

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Quote from: Tilbrook007 on May 06, 2018, 07:43:27 AM

This market does not have the steam to break 10K
Will buy back in when things are making more sense.
Bitches are buying ETH and Bitcoin Cash
BTC dominance is going down hill
A Bear Market could be triggered if BTC goes below 9520 according to one analysts. it has already done that today: Tread carefully and use stop loss if you recently bought in!
When you sit and see BTC go down 450 USD in a day you need to ask yourself WHY? Whales didn’t do it is called market sentiment. The whales spiked it 1000 USD in 5 minutes not long ago and caused this mini rally!

You made the wrong decision this time. Indeed, the market is at its worse and is having no chances of recovering AT THIS MOMENT. The market is volatile and it simply means that dumps are also not permanent. Recovery should be always expected to happen and it is an enough reason to hold through times as such. It would be a complete loss of an investor would choose to sell due to panic and that's what most of the investors are more afraid of.

LFC_Bitcoin

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OP, congrats on confirming yourself as a fiat debt slave for the rest of your life.

Hamstead

sr. member

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Quote from: btyco on August 26, 2018, 03:39:22 PM

Anyone who took the advice of the OP to dump bitcoin for ethereum and bitcoincash is probably hating themselves right now. Both of them got dumped and are struggling to recover

We just let them do it and see these people regretting once bitcoin will soar again. Maybe they have no other choice or they are very upset seeing bearish market for a long time.

btyco

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Anyone who took the advice of the OP to dump bitcoin for ethereum and bitcoincash is probably hating themselves right now. Both of them got dumped and are struggling to recover

jeniferqueen0409

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Quote from: Deubila on August 26, 2018, 05:36:05 AM

Quote from: Larrycool on July 03, 2018, 03:36:38 PM

Its a matter of choice though, the market seems unpredictable right now, any decision you make is however respected. all investment has risk which may not be determined at any point in time.

I see we should only sell when given the price. No matter how difficult it is to sell it. Its future is very sustainable and promising for its owners.

The future is promising, but it's hard to think at the moment. Everyone knows and everyone is waiting but there are some who can not keep calm. Market up and down due to these thoughts.

BartS

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Quote from: Tilbrook007 on May 06, 2018, 07:43:27 AM

This market does not have the steam to break 10K
Will buy back in when things are making more sense.
Bitches are buying ETH and Bitcoin Cash
BTC dominance is going down hill
A Bear Market could be triggered if BTC goes below 9520 according to one analysts. it has already done that today: Tread carefully and use stop loss if you recently bought in!
When you sit and see BTC go down 450 USD in a day you need to ask yourself WHY? Whales didn’t do it is called market sentiment. The whales spiked it 1000 USD in 5 minutes not long ago and caused this mini rally!

Well it seems that since you made this thread many things have changed, the price is still very similar to what it was back then but you definitely made a mistake when it came to your assertion that the bitcoin dominance was going down hill in fact the opposite has happened and even if the growth of the dominance has gotten slower we are at a point where the bitcoin dominance keeps growing and now it is siting at 53% and it is likely it is going to keep going up.

Deubila

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Quote from: Larrycool on July 03, 2018, 03:36:38 PM

Its a matter of choice though, the market seems unpredictable right now, any decision you make is however respected. all investment has risk which may not be determined at any point in time.

I see we should only sell when given the price. No matter how difficult it is to sell it. Its future is very sustainable and promising for its owners.

glowing10

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Quote from: P_percy on August 24, 2018, 07:21:32 AM

I would say that's really a poor decision you've made, you could just hold on to your possession and have earned a lot from that.

A golden opportunity for those guys who had sold it and had being waiting because of the price to lower so now they can take this time to buy and start saving it. If you can hold for a year or so can be a good decision because you can expect it to be a good time to multiple your return.

P_percy

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I would say that's really a poor decision you've made, you could just hold on to your possession and have earned a lot from that.

el kaka22

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I believe selling your bitcoins for life expenses is the most valid reason one can have.
You can sell your bitcoin to pay your bills ( I do it all the time) get food (this one too) and generally pay your daily expenses if you are earning with bitcoin.

Not all people buy or sell bitcoin to make money, some people like me earn their living thanks to accepting bitcoin as their payments. I do not buy btc at all, I have never bought bitcoin in my entire life but probably made over 40 bitcoin in total (mostly when bitcoin was low priced of course) and I sold most of them because that is what I am going to live with.

naidray

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Quote from: gabmen on July 03, 2018, 11:57:04 PM

Quote from: deppil on June 14, 2018, 09:55:13 PM

Quote from: Webetcoins on June 02, 2018, 03:17:51 PM

Quote from: ?? on ??

Its a matter of choice though, the market seems unpredictable right now, any decision you make is however respected. all investment has risk which may not be determined at any point in time.

This is very irrelevant because the long term investment is not for panic selling and not to consider as short term because there are currencies which are favorable for long term and Bitcoin is the part of long term investment. If you are investing in Bitcoin in a low market then you must be waiting for long term and could get the profit but you did a mistake and sold out.

Not all users want to hold bitcoin for the long term dude. bitcoin has millions of users with different goals. maybe some users use it
for short-term investments. and when the price of the pump may be they will sell all their bitcoin. the reason will vary each user

Right. And it's their money so it's their call. People have the right to decide what to do with their investmentd and if dude here sees it fit to sell at this point, they you can't ask questions. It's his money

Yeah, everyone sure do have a reason they make their decisions and this is one that everyone will have to make and be ready to admit the responsibilities as well as whatever comes with it. Although, I understand how people feel regarding this knowing that this is not a time to be selling but a time to rather be buying. So, if in anyway, anyone feels he is selling for reasons best known to them asides panic, then, that is their call but if it is as a result of panic, then they are making a huge mistake.

Inkdatar

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Quote from: basty03 on July 04, 2018, 05:35:09 PM

Holding your btc now is not good because of the bear market i don't want regret later so I still hold what I have and I'm not so hurry to money if I'm not get anything. We have different thinking and opinions but for much better to hold than to sold.

Well right we have different view on how we can earn from btc. But to note, holding is good this point and not good to sell all and I am not into bitcoin cash because I do not think it has a good future. Instead of hurrying to sell why not wait of btc price to rise for a better profit.

basty03

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Holding your btc now is not good because of the bear market i don't want regret later so I still hold what I have and I'm not so hurry to money if I'm not get anything. We have different thinking and opinions but for much better to hold than to sold.

STT

legendary

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Open a thread to discuss the point and be sure it was the right action, seems reasonable to me. Often it is correct action to sell but also even just a week later its again best to buy back what you sold especially if you were right about weakness.

Also the thread is a good gauge of general opinion of market participants. The wisdom of crowds they call this effect, its debatable if nothing close to a certainty

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