SELL EVERYTHING!!! - page 12. | Bitcointalksearch.org

Snail2

legendary

Activity: 1512

Merit: 1000

Quote from: vladimir21 on January 17, 2018, 03:28:32 AM

I'm gonna be honest with you all , i have been trading/investing since 2017.

I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.

Thank you for your opinion Vladimir21. You know I've been trading/investing since 2012, and not this is the first bloodbath what I seen here, also I've seen similar opinions many, many times (basically after each massive price drop), but BTC still here and every year worth more and more.

Alts are around some time and kept sucking Bitcoins blood but as I see still BTC rules them all and in the meantime it keeps growing, while some of those bloodsuckers grown to things what might change banking and finance sometimes in the future.

CroDam

full member

Activity: 209

Merit: 100

I am buying everything.

samcrypto

sr. member

Activity: 2044

Merit: 314

Vave.com - Crypto Casino

Quote from: sic57005 on January 17, 2018, 07:14:29 AM

Perfectly normal deep correction to wipe out lots of shitcoins and scam projects. Otherwise If bullish trend would continue we will sink in shitprojects and whole crypto ecosystem will be trashed and scammed.

So, hopefully BitConnect is dead. LendConnect also almost dead. It's cool.

Good time to reinvest from scam shit to technologically good ones.

Don’t panic if you are holding great coins but if you are connected with these scam coins then you better assess your portfolio. A great buying opportunity now and If I have money to use for will invest all of it with bitcoins and will buy some good altcoins.

Parwesh Chaudhary

newbie

Activity: 37

Merit: 0

Manipulation is there in every market, does not matter where you go. But one should wise enough to decide when to buy and when to sell.

I don't how you to the conclusion of selling all the coins and lose money, but this certainly is not a wise decision.

This is not the first time and definitely not the last time Bitcoin has been in this situation, but it is part of the industry and you should always be ready for this.

chrismarie1221

newbie

Activity: 20

Merit: 2

Just be happy of what your decision mate, but for me, i will buy some more of it, to earn some more in the future. There are so many people have been in panic selling

monergo

newbie

Activity: 62

Merit: 0

This is a pure buying opportunity and everybody knows it. Sell if you want to realize some gains, thats it.

ClumsySmile45

newbie

Activity: 73

Merit: 0

Quote from: sic57005 on January 17, 2018, 07:14:29 AM

Perfectly normal deep correction to wipe out lots of shitcoins and scam projects. Otherwise If bullish trend would continue we will sink in shitprojects and whole crypto ecosystem will be trashed and scammed.

So, hopefully BitConnect is dead. LendConnect also almost dead. It's cool.

Good time to reinvest from scam shit to technologically good ones.

I am sure it another shitcoins will rise again having a new brand name and everything. Bitconnect had dumped all his investors, yet they are creating a new ICO projects.

sic57005

full member

Activity: 182

Merit: 100

Perfectly normal deep correction to wipe out lots of shitcoins and scam projects. Otherwise If bullish trend would continue we will sink in shitprojects and whole crypto ecosystem will be trashed and scammed.

So, hopefully BitConnect is dead. LendConnect also almost dead. It's cool.

Good time to reinvest from scam shit to technologically good ones.

ehrz22

full member

Activity: 406

Merit: 105

I am still a newbie with trading, I already lost a lot when I sold all my xlm, xrb and other altcoins before when their price were only cents. Now btc price is dropping and also most of altcoins now, I read somewhere that what is happening now is always normal every month of january. So Im planning to hold all my coins until it reaches again their ATH like what happened 2 weeks ago. I will just hold and still collect more coins and tokens.

lunatics14

full member

Activity: 378

Merit: 100

I don't think selling is the best idea today, because of the price that keeps on going down?. Remember that when working to cryptocurrency you need to be patience, a lot of patience. You need to study the process and have knowledge to every details in cryptocurrency.

Linhkej

member

Activity: 350

Merit: 10

Quote from: wklt2002 on January 17, 2018, 03:38:13 AM

Well since when in 2017 have you been trading then because I know this isn't a permanent drop. One year ago they predicted Bitcoin to be around 5k in 2018, so we're ahead of that anyways. It can't always go up. Selling everything now would only kill the market more.

I agree with your opinion. The more you try to sell all the different brass altcoins you have, then you kill yourself. As far as I know everything will return to normal, the ups and downs of the currency is too normal. It can be called a cycle. Do not lose patience, but lose all, we must be alert to handle this problem.

TravelBlock

jr. member

Activity: 65

Merit: 7

Well even if it doesn't recover for the next couple of months, it still hasn't even reached 1/5th of its full potential. You do realize the dotcom bubble was a period of 8 years collectively that the investments were approaching $6,000,000,000,000 worth? At least you made profit and decided to think out the decision though. That's better than just doing it emotioanlly and thinking everything will be okay when really you regret your decisions

anigoweb

member

Activity: 364

Merit: 20

Quote from: vladimir21 on January 17, 2018, 03:28:32 AM

I'm gonna be honest with you all , i have been trading/investing since 2017.

I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.

This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

I do not believe that you are more than a year are trading. Otherwise, such a drawdown you would not say that you need to sell everything. This is probably the biggest mistake of the trading. Why you haven't sold 2 weeks ago? This is a momentary decision? Then you don't need to engage in trading.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Rome is on fire and the miners are still ripping us off with fees and will wonder longer term
why people don't buy back in to bitcoin after the panic is over.

You will know things are bad if Coinbase goes down as they try to front-run trades or
Bitcoin miners block the exit doors and push fees back over $55 but i did try to warn
people they are gambling and not to gamble with more than you can afford to loss

Dapper

sr. member

Activity: 560

Merit: 260

Holding and moving 300K into my exchange account to increase my holdings when we hit rock bottom. And this time I think I'll go heavier ETH.

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

Quote from: vladimir21 on January 17, 2018, 03:28:32 AM

I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash

Basically you are new to trading ,You came in when the market was on a bull run and the bitcoin run extended for a year which was crazy and if you did not make money in that market situation it is better to sell your coins as trading is not all about bull market ,You need to play wise during bear run too. Some of the coins can be manipulated by whales ,You have to understand these things.

meyklove

member

Activity: 210

Merit: 14

That is why I keep away from that kind of investment scheme (bitconnect) and just do trading on my own because in trading you are the one holding and controlling your money.

petrov trevor

newbie

Activity: 64

Merit: 0

It's because of panic sellers that we are there precisely, it is necessary holder, we already have a lot of crash and each time it allowed to go even higher

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: vladimir21 on January 17, 2018, 03:28:32 AM

I'm gonna be honest with you all , i have been trading/investing since 2017.

I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.

This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

Are you telling us to 'exit all crypto markets'? Cheesy

You been trading for long time since 2017, you must be real expert, gonna sell everything on your call.

CryptoStallion22

newbie

Activity: 31

Merit: 0

This is your life and your money. Nobody is trying to tell you not to do what you did...We are trying to tell you it's a bad decision.

This pattern has been seen for years now that in December - January the market goes down. I bet you will look back in 2 years time and realise this was one of the biggest mistakes you ever made.

Crypto is here to stay whether you believe in it or not!

Topic: SELL EVERYTHING!!! - page 12. (Read 3207 times)