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Topic: Please give me advice, Bitcoin will rise again or go to hell? I'm scared - page 2. (Read 3678 times)

hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
Relax. Isn't this happened already many times? Don't panic, if you don't need your money yet in real life, just keep it as bitcoin, this drop won't hurt your money if you won't move it now.  But if you aren't convinced and you need your money, go, cash it out, worrying won't help you when it comes to this situation. Take a look at the price chart now, it looks like the upset stomach already calmed down.

Don't look at the price often, it would just make you feel and think that "bitcoin is dead" or "we are dropping to zero, OMG!!!  Shocked".
hero member
Activity: 707
Merit: 500
Longs got crushed just below the Bitcorn ultimate ATHs in USD (1163 on Stamp and 1175 Finex).  It seems totally expected given the quick price rise of the last week coupled with the euphoria of approaching ATH, people went margin long.  Some whale(s) simply took advantage and made a killing.

IMO we will be back over 1k USD in a day or two and the Honey Badger will continue to do what it does best.

We're back already. (stable or not is questionable, esp after today!)

The next 24 hours are critical TM
legendary
Activity: 1456
Merit: 1000
Longs got crushed just below the Bitcorn ultimate ATHs in USD (1163 on Stamp and 1175 Finex).  It seems totally expected given the quick price rise of the last week coupled with the euphoria of approaching ATH, people went margin long.  Some whale(s) simply took advantage and made a killing.

IMO we will be back over 1k USD in a day or two and the Honey Badger will continue to do what it does best.
hero member
Activity: 707
Merit: 500
There is another halving event in 4 years..

And another one in 8 years..

If bitcoin is still around then and still working! (probably improved by then) ..then I think it will be worth an absolute fortune.

You need to be thinking long term. Short term profits are nice.. you should always hold some though, with a long term view.
8+ years.
full member
Activity: 158
Merit: 100
I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

Buy a little more. 

I am pleased that it pulled back.  It will let me continue building my position below $1000.

I expect the price to chop around for several weeks.  This is normal behavior for a financial asset.

I expect it to be significantly higher in 2-3 years.
member
Activity: 80
Merit: 27
A dream that you had, about being a person.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
I would suggest all to hold your BTC and don't sell it . It won't go below 900 dollars but it will go up again for sure Smiley So be patient and don't sell it off and regret later . Good luck all. Always remember holding BTC is the best investment Smiley
Yes sudden unexpected fluctuations are most common with bitcoin prices, I guess this sudden fall was just due to a dump from bitcoin whale. But this must be another buying opportunity for Chinese investors who will be sleeping right now and will be getting ready for tomorrow's action.

I read that already China has bought 5 million bitcoins in this rally compared to just 50k bitcoins bought in USD. So they will never let their investment go waste, they will keep on pumping for the sake of their earlier investments.

Personally, I speculate bitcoin prices are heading towards $2000. Let us hope, watch and will enjoy if not get panic.

I definitely  disagree with you. Chinese bought last month bitcoins are neither long term investors nor bitcoin enthusiasts. Their purpose is to sent their funds abroad. What was the quickest and cheapest way? Obviously bitcoin. If tomorrow, next week or whenever government of China decide to change financial strategy most of them immediately will they sell their coins and people will sell in panic.
sr. member
Activity: 299
Merit: 256
No one can know this !

This morning i seen it go from 960$ to 920$ like nothing in 5 minutes !

If you are in profts, you can sell it, or you can sell half of them and let the others until bitcoin go up.
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
another buying opportunity for Chinese investors who will be sleeping right now

In 4 Hours from now they will start to fix profits, LOL.
full member
Activity: 186
Merit: 100
The btc value you get after/during a two week climb of 200+ USD will never end up forming a stable price.
When you have this kind of movement its only a good idea to get in if you plan to make some money by short time trading.
Anyways, its gonna go up again. So you only lost money if you got in to high expecting to get short time profit.
legendary
Activity: 1652
Merit: 1057
I would suggest all to hold your BTC and don't sell it . It won't go below 900 dollars but it will go up again for sure Smiley So be patient and don't sell it off and regret later . Good luck all. Always remember holding BTC is the best investment Smiley
Yes sudden unexpected fluctuations are most common with bitcoin prices, I guess this sudden fall was just due to a dump from bitcoin whale. But this must be another buying opportunity for Chinese investors who will be sleeping right now and will be getting ready for tomorrow's action.

I read that already China has bought 5 million bitcoins in this rally compared to just 50k bitcoins bought in USD. So they will never let their investment go waste, they will keep on pumping for the sake of their earlier investments.

Personally, I speculate bitcoin prices are heading towards $2000. Let us hope, watch and will enjoy if not get panic.
legendary
Activity: 1414
Merit: 1008
★Bitvest.io★ Play Plinko or Invest!
I would suggest all to hold your BTC and don't sell it . It won't go below 900 dollars but it will go up again for sure Smiley So be patient and don't sell it off and regret later . Good luck all. Always remember holding BTC is the best investment Smiley
sr. member
Activity: 280
Merit: 252
Xavier
Dec 10 - BTC price: 850$

Dec 20 - BTC price: 900$

Jan 1 - BTC price: 1000$

Jan 3 - BTC price: 1150$

Jan 4 - BTC price: 980$

It would take Jan 10 to fall below 800$ mark. I suggest selling now at rush if you're afraid of losses.
It is not a good buying time either as the price won't go up significantly. Best option left is trading.
The price rose because Christmas was near which boosted the e-commerce websites. Seeing the price go up to 1150$, big whales having heaps of BTC decided to sell causing the price to fall. To cope up with them, predict their next move or get washed away by the currents.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
We make money when he buys more.

You make nothing, until You sell out with a profit.

I also make nothing if I give you money to see your titties.
legendary
Activity: 1400
Merit: 1009
I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry
Just keep on holding, don't panic and sell your coins at a loss. bitcoin price will increase again, i'm gonna sell 4 btc once the price is $1200.  Roll Eyes
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
We make money when he buys more.

You make nothing, until You sell out with a profit.
legendary
Activity: 3248
Merit: 1070
down where? the pump started at 700 not at 900, bitcoin is still up by 200+, i see only a rising here, above 1000 was expected to be unstable nothing out of the ordinary in this market

what i know is only one thing, bitcoin is at $950 from $0.1 since 2009, that is the only thing that matter
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?

You seem like a nice kid so I'll give you the only honest answer you will ever get on this forum.


My crystal ball is in the dry cleaners until Friday. How the fuck am I supposed to know? LOL 

You said we make money when he buys more, implying the price hasn't hit the floor yet.

That wasn't my intent. I don't know what the floor is going to be. I only know a few things. I know what a bubble is. I know Bitcoin is in a bubble. I know bubbles must eventually pop. When it does the price will go down.

How far up, down or length of a sideways movement is anybodies guess. If you find someone that tells you they know all of the above with certainty, they are lying to you or lying to themselves. I've made a sum of money picking a price then beginning a slow sell off based on what makes me personally comfortable. Let's say I have 2000 bitcoins. I decide to sell 100 at $1,000 and another 100 for every $100 increase above $1,000. If Bitcoin skyrockets to $500,000 a coin I still won't feel bad because I made a fat stack of cash and I'm willing to live with it. If the price goes to $1,300 and pops then I've made a little and will rebuy what I sold when I see a long period of sideways movement at what ever that price is. For me that works, for you maybe not.
sr. member
Activity: 434
Merit: 250
You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?

You seem like a nice kid so I'll give you the only honest answer you will ever get on this forum.


My crystal ball is in the dry cleaners until Friday. How the fuck am I supposed to know? LOL 

You said we make money when he buys more, implying the price hasn't hit the floor yet.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?

You seem like a nice kid so I'll give you the only honest answer you will ever get on this forum.


My crystal ball is in the dry cleaners until Friday. How the fuck am I supposed to know? LOL 
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