Not everyone who is selling now is panicking, and it's not like selling means selling forever and never owning Bitcoin. Investors might be trying to time the market and buy back lower to ahve more coins. This is risky, because timing such volatile market takes some luck, but it's a risk that can pay off quite well.
Topic: Panic People Are Selling BTC And Buying inflationary Fiat For Safety But They - page 2. (Read 234 times)
May 12, 2022, 05:48:13 PM
May 12, 2022, 04:23:26 PM
All very rough numbers but:
BTC Price high 2017 $19000
BTC Price low 2018 $ $3500
BTC Price high 2019 $ $1100
BTC price low 2020 $ $5500
If I should provide more accurate estimate as I searched for it just right nowBTC Price high 2017 $19000
BTC Price low 2018 $ $3500
BTC Price high 2019 $ $1100
BTC price low 2020 $ $5500
BTC Price high 2017 $19700
BTC Price low 2018 $ $4040
BTC Price high 2019 $ $13970
BTC price low 2020 $ $3800
I think a lot of what is going on now is panic selling for those who though BTC was magical internet money.
Just like history, this year was predicted already to be like this as we know that 2024/2025 would be another bull years. This is just an opportunity to buy and a means for some people with some amount of money to invest to get richer if they invest. 
May 12, 2022, 04:21:58 PM
I guess the majority that is panic selling are those that have got in on 2020-2021. They've seen how good the market was and thought that it will never fall.
Just like us, the first batch under 2015 and the next of it is from 2018. We've all learned that it's totally fine and it will recover maybe a year or two and go back to its former ATH and even higher.
Just like us, the first batch under 2015 and the next of it is from 2018. We've all learned that it's totally fine and it will recover maybe a year or two and go back to its former ATH and even higher.
May 12, 2022, 04:09:47 PM
All very rough numbers but:
BTC Price high 2017 $19000
BTC Price low 2018 $ $3500
BTC Price high 2019 $ $1100
BTC price low 2020 $ $5500
I am still buying and not loosing any sleep over it.
But I don't spent / invest what I can't afford to loose so there is that.
I think a lot of what is going on now is panic selling for those who though BTC was magical internet money.
-Dave
BTC Price high 2017 $19000
BTC Price low 2018 $ $3500
BTC Price high 2019 $ $1100
BTC price low 2020 $ $5500
I am still buying and not loosing any sleep over it.
But I don't spent / invest what I can't afford to loose so there is that.
I think a lot of what is going on now is panic selling for those who though BTC was magical internet money.
-Dave
May 12, 2022, 03:56:22 PM
Many, especially the newer, investors are traders rather than ideologically driven long-term hodlers. They sell much faster, but are also ready to get back in at some point, so they see it more as a temporary exit until the panic is over. If you then hold fiat for only two to three months before moving back into bitcoin, then inflation is irrelevant, especially if bitcoin continues to fall. Currently, Bitcoin is losing a lot of value against fiat and is therefore affected by a lot of inflation, more than fiat. I say this as a long-term hodler.
May 12, 2022, 02:41:04 PM
Probably they are selling to buy back cheaper, nobody knows how deep the price will go, holding it while you can take the chance of increasing your position sound appealing to some people, and they are willing to take the risk.
Fiat may be inflationary but it is very required to buy btc or buy your daily stuff.
There are people who have invested all they have so they will have to protect their investment somehow. People have different reasons for selling during bear market but in the end btc will still come out strong. Anyone who wants to sell it is their choice to make.
Fiat may be inflationary but it is very required to buy btc or buy your daily stuff.
There are people who have invested all they have so they will have to protect their investment somehow. People have different reasons for selling during bear market but in the end btc will still come out strong. Anyone who wants to sell it is their choice to make.
May 12, 2022, 12:58:37 PM
Panic People Don't Understand That 1 BTC Equal to 1 BTC if you sell it will Not Grow Your Wallet But if you HODL, BTC then it will take you to The Moon Soon!
1 BTC equals 1 BTC, but the worth of bitcoin is estimated in fiat in real life.It's funny and sad to see all people panicking. They Don't know they're losing. They're buying inflationary fiat thinking for safety. Do they even know that they losing Golden Time to Buy More?
People buy fiat for bear market to be over, many people will still buy bitcoin and another bull run will begin. Although, I do not think bitcoin would go below $20000. it Just Giving you a chance to Buy BTC Before it Goes to The Moon!
If you can see this in the long run you will be a winner. Of course
That is correct, bitcoin certainly will rise again and reach all-time-high. If you can see this in the long run you will be a winner. Of course
May 12, 2022, 12:33:27 PM
People Don't Remember that Before 2011 where BTC was and now where BTC has Come to $1 to $28k
Panic People Don't Understand That 1 BTC Equal to 1 BTC if you sell it will Not Grow Your Wallet But if you HODL, BTC then it will take you to The Moon Soon!
It's funny and sad to see all people panicking. They Don't know they're losing. They're buying inflationary fiat thinking for safety. Do they even know that they losing Golden Time to Buy More?
it Just Giving you a chance to Buy BTC Before it Goes to The Moon!
If you can see this in the long run you will be a winner. Of course
Just Don't Be haters.
Panic People Don't Understand That 1 BTC Equal to 1 BTC if you sell it will Not Grow Your Wallet But if you HODL, BTC then it will take you to The Moon Soon!
It's funny and sad to see all people panicking. They Don't know they're losing. They're buying inflationary fiat thinking for safety. Do they even know that they losing Golden Time to Buy More?
it Just Giving you a chance to Buy BTC Before it Goes to The Moon!
If you can see this in the long run you will be a winner. Of course
Just Don't Be haters.
Jump to: