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Topic: People who bought BITCOIN at $1000 are now starting to sell, CCN article writes - page 7. (Read 13994 times)

copper member
Activity: 364
Merit: 4
So those people that bought at 1000 dollars decided $5000 is a better time to cash out rather than any time throughout the year like when bitcoin was at $7000. This is pure fud
jr. member
Activity: 98
Merit: 1
HODL is the key to wealth
Here is the key to becoming and staying rich:

1)  Buy when nearly all are selling.
2)  Sell when nearly all are buying.

There you go.  Your welcome.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Just another FUD, here comes the mainstream media. Trying to report something that can affect everyone's emotion. Of course, people who bought during $1,000 has a better space to sell at any price that we want.

They are mindsetting and every time they talk about "selling", it's just another signal for everyone to start buying.
jr. member
Activity: 98
Merit: 1
HODL is the key to wealth
I  doubt it.  I bought several years ago alot of bitcoin for between $250 and $400 each.  Even now this has been a tremendous investment which I am HODLing after buying for cash totally a new house, 40-acres of land, new tractor, wood stove, furniture, Amish barn.

All the remaining bitcoin and bitcoin cash (which I got for free in August) I hodling.
sr. member
Activity: 1316
Merit: 379
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Certainly, the early buyers of bitcoin and other altcoins do not have the development of the technology in mind, but only profits. As the markets continue the correction, it will stabilize and I am sure they will jump back.
member
Activity: 420
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simply getting the job done
In general, I noticed that lately there has been a serious negative pressure on cryptocurrency from various press and people who call themselves cryptocurrency experts. Perhaps this way from the market trying to squeeze out extra passengers. Those ordinary investors are inclined to sell cryptocurrency at the current price scaring that things will only get worse. I do not know how anyone, but I will continue to keep my crypto. I am ready to wait another couple of years, because I sincerely believe in the future of cryptocurrency.
jr. member
Activity: 225
Merit: 1
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/

The FUD is all over investors are panicking selling off bitcoin has gone down beyond expectations, are we coming back or let's say the prediction of it hitting $2,000 is happening because many are scared of the market now BLOODBATH.
newbie
Activity: 27
Merit: 0
It surely is an indication of massive FUD. But the way things are going who wouldn't panic? I would panic if I had some bitcoins right now and reading this might even make me sell considering that these guys are early investors and so must have so much experience... For new investors i don't think this is a good time to buy. For me I would just sit, watch and hope that things get better. But isn't taking risks part of this?
legendary
Activity: 1134
Merit: 1598
FUD. One who has been around for a while knows how this kind of "articles" pop up every single time there's a BTC drop. If you truly believe in the cryptocurrency revolution and check the recent news about the adoption of it, you will know this isn't the first, nor is it the last drop Bitcoin will ever have and it's a normal kind of cycle and volatility in the crypto world. The stable volume we recently had was not normal and I honestly expected a big spike or a big dump. I bought at high prices but I don't mind - as the price drops, I keep buying and my average purchase price is starting to look pretty sweet. Those who bought at $1k and are selling now must be those who get scared after reading an article like the one you gave us in your OP. We've seen big, and I mean BIG players withdrawing a lot of BTC out of Binance to their wallets before this drop. A super-rich guy wouldn't blindly make this huge move.

This kind of FUD doesn't affect me anymore, nor does it affect most older members of the crypto community. It's always been this way. Don't follow others, follow your own thoughts and guts.
jr. member
Activity: 193
Merit: 4
This news is base on assumption and at that it base on individual thought about the whole situation, I bought my bitcoin toward the end of 2017 when the price was high and am still hodling I don't give in to FUDS after all we are all aware of the volatility of the market before investing in it.
legendary
Activity: 2968
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By that mathematical logic, people who bought Bitcoin at 4k would have sold at 16k (they didn't). I'm not sure those sell offs are from coins bought at any particular price range, rather they belong to particular types of owners. The kind who probably didn't buy in at $1000.

@Luchi: I didn't buy any but certainly I've been earning virtually all my income no longer in fiat, so in a sense, I've been buying in at every price Bitcoin's ever been at. Good to see guys like you digging in and gritting it out. This wild chatter of capitulation is making me feel good.

legendary
Activity: 3304
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Nice try CNN, I bought nearly all of mine below $1000 & I’ve only sold about 10%. Definitely holding through to after the next halvening. There will be fireworks then.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
If that's the case then I guess they're pretty dumb in calling it out for profits. I only bought @ $4000-ish range last year after selling my previous stash at $2900 and sold those newer ones at around $18-$19k a piece. I am not that dumb and greedy to wait for everything to depreciate in value before I sell and call it a nice decision. This is yet another solicited, fear-mongering article just to prolong the bleeding of the market. So far, these tactics are working and as we see, a sharp $2000 decline happened in a span of a few days.
jr. member
Activity: 30
Merit: 12
News such as this in my opinion is basically to spread panic,i honestly think we should ignore such statistics/information..
When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now?
I bought my first BTC in the first month of this year,and I'm still hodling till now, I definitely am not panic selling just yet
copper member
Activity: 154
Merit: 3
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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/
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