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Topic: People who bought BITCOIN at $1000 are now starting to sell, CCN article writes (Read 13994 times)

sr. member
Activity: 1400
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legendary
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There have always been reports that people who bought at x$ sell at x$. That's nothing new, but I'm surprised that there are always new reports about it, only the prices are different. It's normal that there are always people who collect their profit and sell their Bitcoins. I wouldn't think twice about a report like that.  Wink
hero member
Activity: 1414
Merit: 516
If they sell at that time was good maybe and enough profit for them, but if they wait until now they could get a good way more profit, and maybe they would sell only small part now.
hero member
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Those who were vulnerable to panic selling has already done that and now most of the coins are being held by serious users. This is clear from the recent bull run, as there was no other major trigger. The supply is getting affected, as those who wanted to sell has no more coins left in their wallets. I think that the next major resistance level is going to come up at $10,000 per coin and that is when some of the medium-term holders are going to sell their coins. If everything goes as per the plan, then $25,000 per coin is possible by 2020.

I think so too because if there are still people seriously considering selling at this point, we should take more time to reach where we are niw. As it stands, most of us are anticipating a big run towards the second half so we're holding. Some are even buying btc in anticipation of a bullrun. People have learned their lessons from past btc movements.
legendary
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Those who were vulnerable to panic selling has already done that and now most of the coins are being held by serious users. This is clear from the recent bull run, as there was no other major trigger. The supply is getting affected, as those who wanted to sell has no more coins left in their wallets. I think that the next major resistance level is going to come up at $10,000 per coin and that is when some of the medium-term holders are going to sell their coins. If everything goes as per the plan, then $25,000 per coin is possible by 2020.
legendary
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I think if they bought in $ 1000 and sell now, it may indicate that they are very new in the Bitcoin speculative market, because the potential that is coming is very large, we could talk about that can increase the bitcoin up to $ 50k or more, and is very possible. If they bought at a low price and they did not sell at $ 20K, but if they are selling now, I think it's the big bargain for Investors.

Taking into account that we are in a phase of Accumulation of the market, where it is about buying Bitcoin as cheaply as possible and if they sell it right now, it is not because they know privileged information, they may have other plans or they simply need money for some urgency. Today it was $ 6k, it is in a very good range, some kind of market stabilization can be generated, which can be beneficial, so that a possible liquidity zone is created in case the bears appear. But for now, whoever sells will be bought, because the supply levels increased significantly.
legendary
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I believe for those who bought even at $4000 are doing well to continue holding.
Because if you bought some at $4200 like myself I look at the price it is currently now being around $5750.
Then anything above $600 of a difference of buying the same amount now as being in the green. Grin
To me it is all relevant when the price continues to soar ike it has been from the being of the month. Smiley
hero member
Activity: 2002
Merit: 535
I am sure they are still holding bitcoin right now because they have passed the highest peak period at the beginning of last year and it is impossible to sell it when prices go down, except selling it for reasons of needing finance in an emergency
Why do you think so? 2 years ago, Bitcoin costs $ 1,000 today $ 4,000. Show me at least 1 bank that will provide such a huge profit?I think it is not necessary for this reason to panic.Times on 4,000$ someone sold bitcoin the respectively his someone bought at this price.
You cannot find any financial institutions that will give that much profit in a short period of time, it is an old article and there is nothing wrong in selling when the price is going down and invest once again when the price touches the bottom and that is how you make profit even if you are holding it for the long time, be smart when it comes to trade and switch positions according to the market situations.
sr. member
Activity: 840
Merit: 252
Well, I don't really have the reason to sell right now because I am seeing the improvement of bitcoin since last month. I am proud that I am still holding all of my coins right now in my wallet. That news will just make people buy bitcoin. Those investors selling their btc are not the real investors of bitcoin.
member
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The best part about bitcoin is that in case it hits it big even a small investment can pay off so much it can become a fortune in a number of years from now.Of course it would be stupid to get loans, sell your property or do anything drastic, but buying some with a small fraction of your savings may be worth it. If it dies, it dies...

Not a big deal. definitely buying little bit more over the time and forgetting about it for a few years. Investing what you can afford to loose there is a key IMO, like in anything else. Might be a chance of a lifetime.
member
Activity: 882
Merit: 13
Let them sell there are people who will buy it anyway, i think this is just a strategy to make the bitcoin price go down so that they can buy it at lower price. If you are a holder those negative news won't affect you, i am holding till the next bullrun starts.
legendary
Activity: 3346
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When I first started collecting crypto-coins, the exchange rate was somewhere around $600 per coin. And till now, I have kept the vast majority of my coins in cold storage. Because in my opinion, Bitcoin is heavily under-priced at current exchange rates. I am ready to hold on for another three or four years before dumping my coins. I haven't heard about this guy (Michael Moro) before. But I don't think that he has an in-depth idea on how crypto-currency works.
hero member
Activity: 1932
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Believing in any information that you read anywhere is not a good idea, you need to verify it first so you can decide the best action later.
Selling is only part in the market therefore we cannot blame if someone who have bought from 1000$ will start to sell their assets.

They have their own strategy and I am pretty sure that they are not idiot who will blindly sell their assets even they know that the price is still increasing as of the moment. So if someone will sell then I guess they have their own reasons like emergency or any reasons that they will just sell it even they know that they can gain more profit if they will wait a little time.
hero member
Activity: 2870
Merit: 594
There's no way FUD gonna happen if only a number of people selling their bitcoins, the problem is, most ignorant people always fall with this kind of strategy we're other companies make their moves to make other look bad. they think if they make this news most investors will to their company to invest on some of their cheap coins.

And there is no way that people that's been holding for so long or who bought it cheap are simply going to sell. In the grand scheme, it's really better to just HODL on our bitcoin. There's nothing wrong with it and you are not losing money if you are just going to let it sit in your wallet.

And now as we head to the bullish zone, definitely no one is willing to sell their stash for cheap price.
member
Activity: 210
Merit: 15
There's no way FUD gonna happen if only a number of people selling their bitcoins, the problem is, most ignorant people always fall with this kind of strategy we're other companies make their moves to make other look bad. they think if they make this news most investors will to their company to invest on some of their cheap coins.
sr. member
Activity: 826
Merit: 265
Michael Moro, who is a CEO of a major crypto trading company, talks about how people who bought into Bitcoin at the beginning of 2017 at $1000, are now starting to sell their coins. Is this an indication of massive FUD? Is this the time where we should buy and take advantage of the FUD sellers?

When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now?


Source: https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/
People here are not stupid to believed this article because those who bought bitcoin in $1000 surely sells all their bitcoins in the hype of 2017 December

And if theres some who still hold now will never think of the foolish move to sell in this bear becauss they came along to hold for that long and how more if they wait another years to earn alot more
full member
Activity: 448
Merit: 100
good trading buy coins that go down in price then sell the coins at high prices, if you want to make a profit that many choose to trade in the long run, I usually use long-term trading, now profit is very difficult
hero member
Activity: 938
Merit: 501
Well that's their decision upon their own investments plan. Selling at this time still make them some decent profits but i know they would have wished they should have held unto their bitcoin a little while longer. Maybe they are not aware of the fact that the next halving of bitcoin is just about 8 months away and that would surely bring up an increase in price of bitcoin.
jr. member
Activity: 336
Merit: 1
people who brought btc at the rate of 1000 dollars would have sold at 15000 dollars to 20000 dollars they would have been in profit for 15 times selling at 4000 dollars is also profit but they would have taken action before
sr. member
Activity: 980
Merit: 252
I am sure they are still holding bitcoin right now because they have passed the highest peak period at the beginning of last year and it is impossible to sell it when prices go down, except selling it for reasons of needing finance in an emergency
Why do you think so? 2 years ago, Bitcoin costs $ 1,000 today $ 4,000. Show me at least 1 bank that will provide such a huge profit?I think it is not necessary for this reason to panic.Times on 4,000$ someone sold bitcoin the respectively his someone bought at this price.
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