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Topic: People who bought BITCOIN at $1000 are now starting to sell, CCN article writes - page 3. (Read 13994 times)

hero member
Activity: 1120
Merit: 554
Don't be like these guys. Rebirth of Bitcoin is coming like a Phoenix. Just remember my words.

The problem is people aren't willing to hold through all the dips especially new investors.  Past charts tell us is all you have to do is hold and it pays off greatly in the end.  Bitcoin hitting 20k from current prices is a 5x return on investment which is spectacular compared to normal investments.
member
Activity: 518
Merit: 33
The fact that still there are some people that care about and follow these websites that literally making money by creating fuds and shit really boggles my mind...

How do they know that they started selling?, There are some archival data on internet regarding these kind of information that I don't know about ?

Just do yourself a favor and stop caring about these shitty made up news that are based on absolutely nothing and focus on just following the trend if you are a trader or invested in crptocurrency and put a stop loss on your every bought token/coin to avoid losses when/if market goes for another downtrend.
hero member
Activity: 2842
Merit: 772
We really know who did really sell their bitcoin last November, the people behind the BCH SV to finance their hash war with BCH.

But for early adopters who get it at $1k, doesn't make sense to dump it around November. They are smarter than an average investors so I don't think that they are so stupid to sell their stash even with the price goes to $3k. Those who sell are those who did believed this FUD along the way. There are a lot of investors who still has confidence in bitcoin so I doubt they really sell.
full member
Activity: 938
Merit: 137
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/

As most of the news, this is also a fud news and not have any real reason to be accepted as a true news. Why would those who bought at 1000$ will sell now at 3800$ ? They could have sell it at 19000$ or 15000$ and in worst cases 10,000$. There is no point in waiting for btc to fall so much and then sell at so low profits.
I do not think that people in November last year massively sold their bitcoins. If it was, then due to some life circumstances, when urgently needed cash. It was foolish to sell bitcoins of several thousand dollars, when more recently, everyone saw its price of about $ 20,000. This is really written as news, just to write something. Today we see that bitcoin is the opposite; people buy, and whales also buy them. This means that the growth of the cryptocurrency market will begin soon.
sr. member
Activity: 1834
Merit: 261
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Honestly, as long as I know Bitcoin, I never read news stories that contain FUD, of course it will damage all market prices, making everyone panic, by reading news like that, I am very confident that 1000 $ bitcoin buyers have investment experience and insight that's enough that they won't sell it this year ...
copper member
Activity: 89
Merit: 1
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f not sold earlier when the course was higher. I think now you can wait, you can always sell, that's just at what price

I think the same. Now it is time to wait if you didn't sell before.
full member
Activity: 2142
Merit: 183
I know their feelings so they sell their assets at the current price because they see the price of bitcoin that always falls to make traders who buy bitcoin when the price of $ 1000 sells first because they are afraid if they can not make a profit.
This means that the holders of cryptocurrency lose confidence in the possibility of further growth in the price of Bitcoin. It’s very silly to sell bitcoin when it has now dropped to a very low price. People may have various problems with money and therefore they are partially forced to cash in Bitcoins at any existing price. I do not really believe that they just began to massively sell bitcoins because they do not believe in their further growth.
hero member
Activity: 2814
Merit: 911
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But it does not make sense, if they bought when the price was 1000 then why sell when the price has reached its lowest point, why not sell at 10000 for example and get 10 times the money they invested or why not sell at 5000? Once you begin to really think about it you will understand that it does not make a lot of sense for people like that to sell their coins, because it is going to be almost impossible for them to get losses since the price is not going to touch those prices again.

I do not see how those news can be true, to me this is just the media doing what the media does, creating fake news to try to attract people to visit their websites.
It is just a fake website which chunk out news without any authenticity and never follow those fake media outlets, as you mentioned it does not make any sense for investors to sell when the market is low when they could have earned a good profit when the price of bitcoin touched an all time high and when the market fell everyone usually book their profits and wait for the market to settle down and no one will sell when the market bottoms. 
full member
Activity: 926
Merit: 100
I know their feelings so they sell their assets at the current price because they see the price of bitcoin that always falls to make traders who buy bitcoin when the price of $ 1000 sells first because they are afraid if they can not make a profit.
copper member
Activity: 154
Merit: 3
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Perhaps these people, seeing the unstable situation of bitcoin, do not dare to risk and continue to hold it, and sell, is content with small earnings. That's also good. Such investors have always been and will be.

Yes, CCN was just trying to portray the situation in a more serious way. I don't think it will go much lower than it is now. I would think that holding on right now would be the best way.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I think for every investor there is a certain point that they have for selling. the $3-4k mark could have easily been the breaking point for a lot of them. Thus the decision to sell now.
But it does not make sense, if they bought when the price was 1000 then why sell when the price has reached its lowest point, why not sell at 10000 for example and get 10 times the money they invested or why not sell at 5000? Once you begin to really think about it you will understand that it does not make a lot of sense for people like that to sell their coins, because it is going to be almost impossible for them to get losses since the price is not going to touch those prices again.

I do not see how those news can be true, to me this is just the media doing what the media does, creating fake news to try to attract people to visit their websites.
newbie
Activity: 6
Merit: 0
f not sold earlier when the course was higher. I think now you can wait, you can always sell, that's just at what price
sr. member
Activity: 1918
Merit: 268
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I've even sold it when the price touched $ 15,000, if they sell at this time when the price of $ 3,000 feels like kissing the ex-lover's ass, so I think holding it better won't even be possible to touch back on their purchase price of $ 1000
copper member
Activity: 53
Merit: 0
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I think for every investor there is a certain point that they have for selling. the $3-4k mark could have easily been the breaking point for a lot of them. Thus the decision to sell now.
full member
Activity: 588
Merit: 103
I bought it from the price of $2000 and still hodling because i believe the prospect that would bring of bitcoin if i still keep hodling the negative of that is the time or when i still hodl of my bitcoin assets.
member
Activity: 378
Merit: 10
In principle, it is not surprising because if you bought bitcoin for $ 1000, even if you sell it at such a low market position - you will still earn. But I would advise these people to wait a little longer. Bitcoin has a great potential and the price will grow, which means you can earn a lot more.
member
Activity: 406
Merit: 10
Even though these people sold their coins at such a low market position, they still made good money. But if they decide to sell bitcoin now-it's their choice. Perhaps they do not trust bitcoin too much and decided to sell it just in case, until it fell even lower.
full member
Activity: 484
Merit: 100
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/
I find this ridiculous when Bitcoin reaches a higher price in 2017 why no one sells it? I believe many investors buy Bitcoin at the rate of $ 1000 sold when it arrives the rate of $ 10,000 - $ 15,000 in 2017. I think this is just an article trying to create the FUD effect in the market to be able to Buy Bitcoin at a lower price.
full member
Activity: 234
Merit: 100
Perhaps these people, seeing the unstable situation of bitcoin, do not dare to risk and continue to hold it, and sell, is content with small earnings. That's also good. Such investors have always been and will be.
hero member
Activity: 1098
Merit: 500
I think the only thing is that these people are disappointed in the cryptocurrency and massively sell their coins. But this does not mean that it is the right decision. We just need to be patient and not sell coins at such a low price. With bitcoin you can earn a lot more.
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