Topic: What percentage of bitcoin buyers at the higher prices are still holding? - page 2. (Read 316 times)
December 09, 2018, 12:07:29 AM
Now there are too many people who bought the bitcoin very expensive price like $19.000 between $10.000. Some of then trade them to fiat money but some of them still fighting and hodling. I think in both way you have problem. The people who selled their bitcoin with a loss having big problems now. There are many people mortgaged their homes and now in danger to loose their house. Also many families getting divorce just about the bitcoin price.. I feel lucky that i haven't bought the BTC from high price and i wish luck who made this mistake..
December 08, 2018, 11:47:45 PM
I think it is not possible to collect the data over the issue. If we ask people to provide said data I think very few people will be coming forward with required data. Most of the people will just ignore it.
December 08, 2018, 11:44:27 PM
a lot of people are investing in bitcoin instead of day trading it. and that means for these people buying at a higher price like buying at $6k doesn't really matter. they had some fiat which they wanted to dump and they did that at the time.
this current price is the product of day traders and whales trying to make money in short term otherwise in the long run there won't be much of a difference between it and a little higher price that we had last month.
this current price is the product of day traders and whales trying to make money in short term otherwise in the long run there won't be much of a difference between it and a little higher price that we had last month.
December 08, 2018, 10:51:26 PM
When BTC started breaking making headlines last year even on mainstream media, so many new people streamed in and definitely bought. If you look at eh price history of bitcoin since 2013 https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20130428&end=20181209 you will realise that there was a sporadic price increase in the second half of last year mainly because of;
- Media attention( even my not so technical friends at-least had to ask me what bitcoin was and how they could buy it because they heard it from media)
- Speculation
which all in turn led to a higher demand for BTC
So definitely the drop in price implies that there has been a loss in interest for bitcoin from most "new buyers" who rushed in to buy in 2017 hence low demand compared to when the price was 19K.
I don't think most of them are still holding, being inexperienced in crypto trading some probably panic sold thinking that it's a bubble, Others who got sold it out for ICOs thinking that they would be the next bitcoin
- Media attention( even my not so technical friends at-least had to ask me what bitcoin was and how they could buy it because they heard it from media)
- Speculation
which all in turn led to a higher demand for BTC
So definitely the drop in price implies that there has been a loss in interest for bitcoin from most "new buyers" who rushed in to buy in 2017 hence low demand compared to when the price was 19K.
I don't think most of them are still holding, being inexperienced in crypto trading some probably panic sold thinking that it's a bubble, Others who got sold it out for ICOs thinking that they would be the next bitcoin
December 08, 2018, 10:20:05 PM
So you are saying that more than half the people who bought btc at those higher prices probably sold it already? Also the people that im talking about ... i dont mean like traders. I mean people who heard about it and thought okay i want to buy it because people say it will go higher in price etc. Or people that buy it and already have but they are not trading. Those people, you think more than half sold it already?
Like i notice lot of threads talking about how i bought btc or altcoin at x price and down a huge percentage. But aren't most of those people still holding?
Like i notice lot of threads talking about how i bought btc or altcoin at x price and down a huge percentage. But aren't most of those people still holding?
December 08, 2018, 10:17:31 PM
many of them would have taken what they got and sold as there was many saying that bitcoin is bubble many sold i think , but as this is trading we do get all types of traders , investors who think that bitcoin as good future may be holding still as people who think like this are less , small percent of investors might be holding bitcoin
December 08, 2018, 10:00:55 PM
By that i mean last year when bitcoin went to 3k and up all the way to 19500. I know lot of people bought btc at 5k or higher and of course many ppl bought it at 10k price or more. And obviously many of us are not happy about this. However, what percentage of these people would you say are still holding btc? Because if you don't sell it... you did not lose. Yes you could bought btc at 19500. But if you still have not sold it, you haven't lost money yet.
I know that in trading, when one person wins, another loses. So of all the people here who bought btc at the higher prices especially 10k plus price etc... would you say more or less than 50 percent already sold it?
Like lot of people post i bought btc at 10k, 13k, 15k, 18k, 19500 etc. But would you say most are still holding?
I know that in trading, when one person wins, another loses. So of all the people here who bought btc at the higher prices especially 10k plus price etc... would you say more or less than 50 percent already sold it?
Like lot of people post i bought btc at 10k, 13k, 15k, 18k, 19500 etc. But would you say most are still holding?
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