sell now or you WILL regret it - page 2.

Golftech

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Quote from: vesper188 on September 18, 2020, 05:14:33 AM

Do you think that we are before a bullrun like in 2017 ? Is there any change that this kind of raid can happen again ?

It will happen of course because only pandemic Hinder the Bullrun.but Of course FUD will always there to make people panic and sell out.

If you are ready to profit then you must ready also to lose simple logic.

I rather risk my money than spending it totally without a chance of profiting.

vesper188

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Do you think that we are before a bullrun like in 2017 ? Is there any chance that this kind of raid can happen again ?

Janation

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Quote from: Zemomtum on September 17, 2020, 06:53:29 PM

This is the best time to hold on as we are just scratching and preparing for the bullrun. The end will pay off for those with strong hands.

Since we didn't pass through the wall of $12K, I am also telling my friends this.

I think that this might be just a back turn for the price to be ready for the higher goal in the next few months. The price is doing well as it hits again $11K and went down again which might just go back after some time. With the fast regain that happened, I don't think most of us sold our Bitcoin so I think most of us are still waiting for that pump to happen.

Zemomtum

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This is the best time to hold on as we are just scratching and preparing for the bullrun. The end will pay off for those with strong hands.

STT

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Heres a rough down trend I'm looking for on the daily bars, its just representing some negative in this upper range since we gained in July and then have been cycling since. If it is in decline and unable to pass otherwise then we should resolve downwards and lose the support properly here in order to repeat the prior action. I'm not yet guessing especially negative action though we do have volatility imo.

The best guess is very often that we merely repeat the price in a range but eventually it does resolve in one direction so its fair to look for scenarios in that transformation. At present we are above 10500 and looking to be positive over the weekend into next week, however I'll look for negativity while we stay below the 50 day average.

KTChampions

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Quote from: Oilacris on September 17, 2020, 02:49:19 PM

~
Do we really believe that someone would really claim that he do make a panic call decision? No one will surely tell that they are on panic when they do make such sell

but its actually obvious that there are lots who panic sell when the market tends to go down to the bottom.We can actually differentiate a crash and a regular sell-off point.

When we do trade then its mainly needed for such analysis and buying and selling decisions will depend on you.If you do saw the price is already on its peak then you can decide
neither you do sell or just hold a little bit more.Of course, mistakes and regrets will be always part of it.
~

There are situations when a panic sell occurs automatically and the trader cannot cancel it. If a trader used margin trading and hoped for bitcoin growth without pullbacks, then any serious drawdown will liquidate his position. Sometimes such liquidations go like an avalanche and then a real panic begins, but in fact it is quite justified. If the market crashes, then it is wise to close positions and open at more profitable levels.

Oilacris

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Quote from: shoreno on September 15, 2020, 07:34:46 AM

Quote from: peterpanda on September 12, 2020, 01:51:56 PM

Panic sell can't bear good result at all. We should for some good news. As we invest on bitcoin and ethereum or like same coins, we shouldn't sell at lower price because it will rise surely.

op didnt say anything about panicking but he only talks about this moment that this can be a good time to sell because price are likely to return on thier base . panic sell with a root word panic means to hurry , when we are in a hurry that simply means that we arent organized .

thats a bad example right ? and shouldnt be adopted by any coiners on here but the rest that you have said are fine okay to me .

Do we really believe that someone would really claim that he do make a panic call decision? No one will surely tell that they are on panic when they do make such sell

but its actually obvious that there are lots who panic sell when the market tends to go down to the bottom.We can actually differentiate a crash and a regular sell-off point.

When we do trade then its mainly needed for such analysis and buying and selling decisions will depend on you.If you do saw the price is already on its peak then you can decide
neither you do sell or just hold a little bit more.Of course, mistakes and regrets will be always part of it.

Quote from: wxa7115 on September 17, 2020, 01:42:53 PM

Quote from: mersal on September 13, 2020, 08:48:03 AM

Time traveler or have a magic ball which show you the future?

Its below 11K as you said but not deep down,its still stays in the range of 10000 -10500 for a while now!

Even if goes below 10K I am not going to get panic attack, just wait for the moment to buy again if I have some money.

What we are seeing right now is interesting, the price is refusing to go below the 10k level and that is without a doubt an important signal however at the same time the DeFi bubble is losing steam and in my opinion it could collapse during the next months, if that is the case can the price of bitcoin hold up? I think it is possible as people stop speculating with those coins they may try to take refuge in coins like tether and bitcoin.

However there is also the possibility that many of those that are currently invested in those coins decide to leave the market as they lose a fortune and instead get fiat in return and this could make the price of bitcoin to go below the 10k level for the first time in weeks.

Im not really fan on tagging a hype when it comes to Bitcoin market.We know on what happened on DeFi and the possibility of things that can happen which can neither affect or not

but most of the time it wont really correlate yet price can move without the influence of these sentiments but somehow we cant really just neglect or taking aside these possibilities

this is why we do always include these things on possibilities that can happen.

bitbunnny

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To my opinion there is no need to sell now. The fluctuations and corrections of price will continue in the next period but I don't expect some major dump. Also, at the moment we can see slightly and slow price growth, which I prefere more than fast pump, so unless there is no need it's better not to sell. So, have a little patience and don't rush with selling decision.

wxa7115

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Quote from: mersal on September 13, 2020, 08:48:03 AM

Time traveler or have a magic ball which show you the future?

Its below 11K as you said but not deep down,its still stays in the range of 10000 -10500 for a while now!

Even if goes below 10K I am not going to get panic attack, just wait for the moment to buy again if I have some money.

What we are seeing right now is interesting, the price is refusing to go below the 10k level and that is without a doubt an important signal however at the same time the DeFi bubble is losing steam and in my opinion it could collapse during the next months, if that is the case can the price of bitcoin hold up? I think it is possible as people stop speculating with those coins they may try to take refuge in coins like tether and bitcoin.

However there is also the possibility that many of those that are currently invested in those coins decide to leave the market as they lose a fortune and instead get fiat in return and this could make the price of bitcoin to go below the 10k level for the first time in weeks.

shoreno

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Quote from: peterpanda on September 12, 2020, 01:51:56 PM

Panic sell can't bear good result at all. We should for some good news. As we invest on bitcoin and ethereum or like same coins, we shouldn't sell at lower price because it will rise surely.

op didnt say anything about panicking but he only talks about this moment that this can be a good time to sell because price are likely to return on thier base . panic sell with a root word panic means to hurry , when we are in a hurry that simply means that we arent organized .

thats a bad example right ? and shouldnt be adopted by any coiners on here but the rest that you have said are fine okay to me .

Jating

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Quote from: mersal on September 13, 2020, 08:48:03 AM

Time traveler or have a magic ball which show you the future?

Neither, perhaps is he basing on his technical analysis. But we all know that it is not a guarantee as well.

Quote from: mersal on September 13, 2020, 08:48:03 AM

Its below 11K as you said but not deep down,its still stays in the range of 10000 -10500 for a while now!

Obviously, not going below $10k, as I type this, bitcoin has rallied in the last 24 hours, pushing it to $10700 already, so a healthy indication that we might be entering another bullish phase, regardless if it's long or short term.

Quote from: mersal on September 13, 2020, 08:48:03 AM

Even if goes below 10K I am not going to get panic attack, just wait for the moment to buy again if I have some money.

Good, on the contrary, we should buy if we have some extra money because the potential is still there, we just need to wait for a eventual bull run and see the price going to a conservative estimates of $30k.

carlfebz2

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Quote from: bitgolden on September 14, 2020, 11:24:27 AM

I bought a lot lower than this so I can't rebuy again, if the price continues to stay at this level until my next paycheck you can be damn sure that I will keep buying because I believe anything under 11k and above 10k means that price is not going any further down and it is bottomed as well as it can right now and the price will go up.

I am not going to believe what anyone says just because they wrote a piece here, even if they were right doesn't mean that they will always be right, if they were so right every single time price moved they would have been a billionaire by now, even if you start with 100 dollars, if you know every move of btc, you will turn that into a billion in few years. So that is why I don't care what anyone says, I will buy if it stays here, and I would say you should too.

Each of us do have its own criteria on when to buy and on when to sell and you're right that no one on this world would really know on where price do head up.If someone do then they would really be
billionaires as of now.

We can make our own analysis if we do think that the price cant go lower than 10k then we can presume that this might be the bottom but of course there would always a tendency for such breakout of supports.

Selling time will vary or does depend if you do set out on a specific range or target.You cant just make out decisions directly without any basis towards it.

bitgolden

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I bought a lot lower than this so I can't rebuy again, if the price continues to stay at this level until my next paycheck you can be damn sure that I will keep buying because I believe anything under 11k and above 10k means that price is not going any further down and it is bottomed as well as it can right now and the price will go up.

I am not going to believe what anyone says just because they wrote a piece here, even if they were right doesn't mean that they will always be right, if they were so right every single time price moved they would have been a billionaire by now, even if you start with 100 dollars, if you know every move of btc, you will turn that into a billion in few years. So that is why I don't care what anyone says, I will buy if it stays here, and I would say you should too.

Reatim

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Quote from: mersal on September 13, 2020, 08:48:03 AM

Time traveler or have a magic ball which show you the future?

Not totally Magic ball but OP has a point here,Look at what He is pointing it is happening right?
so there is good in this thread.

Quote from: mersal on September 13, 2020, 08:48:03 AM

Its below 11K as you said but not deep down,its still stays in the range of 10000 -10500 for a while now!

it fells down bellow $10,000 couple of days ago but recovered again after some time.

Quote from: mersal on September 13, 2020, 08:48:03 AM

Even if goes below 10K I am not going to get panic attack, just wait for the moment to buy again if I have some money.

Good idea ,reserve fiat so if there is a emergency need to buy you are ready because market now showing very volatile.

mersal

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Time traveler or have a magic ball which show you the future?

Its below 11K as you said but not deep down,its still stays in the range of 10000 -10500 for a while now!

Even if goes below 10K I am not going to get panic attack, just wait for the moment to buy again if I have some money.

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Quote from: wxa7115 on September 12, 2020, 12:14:39 PM

Quote from: buwaytress on September 08, 2020, 11:16:52 AM

Amen brother. I was sorely disappointed by just how stubbornly people clinged on to hope in 2018/19, and you can imagine how let down I was this year when people started cheering and putting the flags out again for Bitcoin.

Don't get me wrong, inside I'm happy and all that but I'm in for the long game. And the more I see the optimism, the more I think my gratification will be delayed=p

Why can't weak hands just completely exit, right? =D

It is not that week hands had not made their exit already what happens is that they are replaced very quickly by other weak hands, most people that you see selling their coins in panic most likely have just recently entered the market of cryptocurrencies, they came with the idea of making a lot of money really quick only to find out that whales and other expert traders are making quick money at their expense.

Most likely the weak hands that came to the market in 2017 left between the years of 2018 and 2019 as they lost hope the market will recover and they are probably really mad that they are not part of this market right now.

Majority of those people who'ed jumped in the market in 2017 or in that bull run will really have that kind of aim on getting rich or easy bucks and returning back to the market after being getting wrecked would depend to someone if he would realized or would completely turn its back against the market since they had been blown out.Panic selling is inevitable but there are really some selling situations where it did really save up your ass.
For people who do panic sell but eventually able to sell earlier and prevent the further loss since the market had dumped then i can say that it is a good call and it isnt really something that you can make decisions
from time to time but most of situations panic sell is always residing on the negative side.

KTChampions

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Quote from: Oasisman on September 11, 2020, 09:03:15 PM

There's nothing more regretful than dumping all your Btc or other alts during this current cycle. The market proved us on 2017 of what Bitcoin is capable of.
Now, I guess the OP was telling us to sell before the market crash, and I don't It was the right thing to do not unless if you're trading short.

After bitcoin margin trading has become generally available, we can worry after every big move (up or down) because if we had foreseen it, we could make good money. But to think in this way is just to spoil your nerves. I think every person needs to understand what he specifically wants from bitcoin and act on this basis. I think this approach will save you from a lot of momentary annoying thoughts.

lixer

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Bitcoin going down is not a marvelous prediction, it can do only two things which is up or down and to say that it will go down means you will 50% be right at every time.

I can say that bitcoin will go up and I have 50% chance I will be right as well, this doesn't mean I am smart or I know things people can't see or anything, I just made it up and I could be still right. Which is why I feel like there is really no choice but to actually keep trusting yourself and not other people, if you want to sell just sell it, if you want to buy just buy it but do not make moves depending on some stranger writing something on a forum, that doesn't make sense at all. Specially people who just say something and do not prove any proof of it at all, just say it with some text and get out, it makes zero sense to follow them.

peterpanda

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Panic sell can't bear good result at all. We should for some good news. As we invest on bitcoin and ethereum or like same coins, we shouldn't sell at lower price because it will rise surely.

wxa7115

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Quote from: buwaytress on September 08, 2020, 11:16:52 AM

Amen brother. I was sorely disappointed by just how stubbornly people clinged on to hope in 2018/19, and you can imagine how let down I was this year when people started cheering and putting the flags out again for Bitcoin.

Don't get me wrong, inside I'm happy and all that but I'm in for the long game. And the more I see the optimism, the more I think my gratification will be delayed=p

Why can't weak hands just completely exit, right? =D

It is not that week hands had not made their exit already what happens is that they are replaced very quickly by other weak hands, most people that you see selling their coins in panic most likely have just recently entered the market of cryptocurrencies, they came with the idea of making a lot of money really quick only to find out that whales and other expert traders are making quick money at their expense.

Most likely the weak hands that came to the market in 2017 left between the years of 2018 and 2019 as they lost hope the market will recover and they are probably really mad that they are not part of this market right now.

Topic: sell now or you WILL regret it - page 2. (Read 1272 times)