Who is selling? - page 4. | Bitcointalksearch.org

South Park

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Quote from: Oceat on June 20, 2021, 11:49:12 AM

Quote from: South Park on June 19, 2021, 02:48:35 PM

Quote from: yat97 on June 08, 2021, 07:36:53 PM

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

Not only those traders are the ones selling, you need to understand that this market is highly leveraged so when the price goes down a great deal of people not only lose money but they lose everything and they are forced to sell, also it is impossible that altcoins are not going to be tied to the price of bitcoin when they are using its technology and for the most part most exchanges price altcoins on terms of bitcoin and as such you are asking for an impossible thing.

It seems like there are a bunch of weak-hands guys there that doesn't know how to hodl their Bitcoin for a long time. Why such in a hurry when you can earn more if you wait and hodl patiently until the right time to sell. I can't understand these people investing Bitcoin yet leave after they saw the price plummet like it has been 10 years already and most of you all are afraid of losing like hell Bitcoin would dump back to $1 each Bitcoin, I will definitely buy more if Bitcoin drops back to $1.

People are too afraid to risk of holding instead they just dump it straight back to the merchant/exchanges.

I think a great deal of those that we call weak hands are even worst than that, when I think of a weak hand I see a person interested in holding bitcoin for the long term but that are unable to do so, most of those that come to the market do not even have that determination, they just want to buy some bitcoin keep it for a few weeks and then sell earning a fortune in the process, so when this does to happen they are profoundly disappointed and they blame bitcoin for their losses instead of blaming themselves.

SacriFries11

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Quote from: jasonjm on June 21, 2021, 02:40:46 PM

Majority of retail investors and new comers are selling their coin to cut the loses. They bought the coins as a short term investment purpose but now as the market continues its correction cycle they are panic selling. Crypto investment is suitable only for the strong hearted people.

Good point. I'm able to sell most of my tokens before they collapse and now waiting again for the recovery. For a swing trader like me, it's good that I'm able to check and monitor that price action. Fundamental analysis helps a lot and TA is for the support where the right time to sell. The banning of China and the death cross happened to impact the market a lot. I hope this could be the last time that China will make its move this year. They really manipulating the BTC since they have many miners in their country. Selling is the best if you want to get profit and satisfied about it but make sure that you are selling when the price is high not at the bottom.

conected

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Quote from: jasonjm on June 21, 2021, 02:40:46 PM

Majority of retail investors and new comers are selling their coin to cut the loses. They bought the coins as a short term investment purpose but now as the market continues its correction cycle they are panic selling. Crypto investment is suitable only for the strong hearted people.

- This investment channel in the first months of 2021 has worked tirelessly and brought a large number of new investors into the market, but as you say, their targets were canceled in just a few cycles of change and now they are starting to sell everything at any price to keep a little bit of money left that they have invested. They are not knowing that except for them, the whales are also selling, they create pressure from the media and in the market, they are making money on the exchange's leverage and it's foolish to panic if we don't participate in the leverage

johnwest

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Looking at the market fluctuations, it clearly shows that this is panic selling and nothing else. There are too many investors and newbie investors who have bought when the price was high and I don't think they are able to withhold the pressure and selling their holdings wherever possible. We are also seeing that the diamond hands like Michel Saylor, etc are buying this dip heavily, I mean buying 13k Bitcoins is not a small thing.

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Quote from: Obito on June 09, 2021, 04:22:49 AM

I haven't sold anything yet, I will stick to my plan and I will have to hodl until the end of the year if possible because I have to make sure that I will have to accumulate more bitcoin while the prices are still low. I know that the prices are going to go up really high and I am pretty sure that we will probably see it this year or the next and I don't want to arrive at that point empty handed.

Yes, I agree, I will also wait for the right time to sell. This is not the right to sell since the market price went down. I suggest to hold it first right this time and when you think the price is great already to sell it, then its your decision. People who sells it I guess is a risk taker, even though they know that they might lose something, but still they decided to sell it whether in a low or high price. If I am the one who is ask by someone about this, then I will decide to hold it first until it already fully recovered before I sell it. I will wait for the right time before selling it.

perfect999

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Quote from: senyorito123 on June 21, 2021, 07:07:10 PM

Most popular market pair nowadays we're really tied up with bitcoin seriously, and if that dream would come to reality I don't think altcoins will gain power as much as bitcoin does. Hype only helps alt to go upward and after that everything will fall when it reaches the top. Just like what happened with my shitcoin last 2017, I failed to sell because of wrong motivations.

I think the reason why altcoins fall harder than Bitcoin is not something that has to do with them being tied to bitcoin or not. There are so many coins these days that are not tied to bitcoin. If you’re check their correlation with bitcoin you will noticed that they 0% correlates with Bitcoin, but still you will see these coins and they will be doing really well and their prices will be increasing even at a time the market seems to be bad.

As for the reason why altcoins falls harder than Bitcoin, I think this is something that has to do with Bitcoin's stability as the number one reason. Since a lot of people views Bitcoin as the most stable cryptocurrency, they tend to move their funds to Bitcoin when the market is falling.

Benefactor

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Trades would need to roll out specific improvements changes starting from the earliest stage to eliminate that impact. Something else, it's simply going to be there. So I surmise this is a greater amount of them doing their ordinary selling-low everyday practice. This is presumably in response to certain FUD being passed around. This is most presumably similar whales and informal investors attempting to check whether they can push the cost down somewhat more to get some less expensive coins or possibly some of them had a few shorts they needed to fill which has flopped up until now and they've been losing cash.

cryp24x

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Quote from: yat97 on June 08, 2021, 07:36:53 PM

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

Most of the time when Bitcoin goes up or down in the market, the majority of the altcoins always followed by it.
Just like what happened recently when Bitcoin went up to 50k$ to 60k$ price, if you notice most of the altcoins got pumped their
price as well in the market, then when Bitcoin began to decreased its price the majority of the altcoins also went down their price too,
just like what happened to Dogecoin, Shiba inu, Cake, Bnb and more something like that. Meaning, it is still the whale investors is the main
reason for this matter anyway.

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Quote from: yat97 on June 08, 2021, 07:36:53 PM

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

Most popular market pair nowadays we're really tied up with bitcoin seriously, and if that dream would come to reality I don't think altcoins will gain power as much as bitcoin does. Hype only helps alt to go upward and after that everything will fall when it reaches the top. Just like what happened with my shitcoin last 2017, I failed to sell because of wrong motivations.

crzy

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Quote from: jasonjm on June 21, 2021, 02:40:46 PM

Majority of retail investors and new comers are selling their coin to cut the loses. They bought the coins as a short term investment purpose but now as the market continues its correction cycle they are panic selling. Crypto investment is suitable only for the strong hearted people.

Those who cut losses are the real seller here and of course the whales are also selling just to put much pressure in the market and put the price down so they can have more in time. On a bear market there’s always a winner and a loser, so which side do you want to go? I’d rather cut my losses and buy later on be more strategic.

jasonjm

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Majority of retail investors and new comers are selling their coin to cut the loses. They bought the coins as a short term investment purpose but now as the market continues its correction cycle they are panic selling. Crypto investment is suitable only for the strong hearted people.

fullhdpixel

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Quote from: South Park on June 19, 2021, 02:48:35 PM

Quote from: yat97 on June 08, 2021, 07:36:53 PM

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

Not only those traders are the ones selling, you need to understand that this market is highly leveraged so when the price goes down a great deal of people not only lose money but they lose everything and they are forced to sell, also it is impossible that altcoins are not going to be tied to the price of bitcoin when they are using its technology and for the most part most exchanges price altcoins on terms of bitcoin and as such you are asking for an impossible thing.

You are right a huge part of crypto traders are trading futures and leveraged trading and when price drops their coins are liquidated unless they can deposit more and more funds.

The altcoins tied to bitcoins is a curious discussion and although all the exchanges have altcoin/BTC pair, I think once a particular altcoin reaches a status such that they can be traded alone, they should not be dropping based on the BTC market. You may consider USDT, it is although centralized and hence controlled but never drops a shade even during the biggest crashes so sort of operates in isolation despite the market moving both ways.

Even USDT has a BTC pair, but it does change based on how BTC moves instead of based on how USDT moves. It's complicated and I think Ethereum might be the closest non-stable altcoin that can achieve the status of not being influenced too much by BTC crashes and bull runs.

Oceat

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Quote from: South Park on June 19, 2021, 02:48:35 PM

Quote from: yat97 on June 08, 2021, 07:36:53 PM

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

Not only those traders are the ones selling, you need to understand that this market is highly leveraged so when the price goes down a great deal of people not only lose money but they lose everything and they are forced to sell, also it is impossible that altcoins are not going to be tied to the price of bitcoin when they are using its technology and for the most part most exchanges price altcoins on terms of bitcoin and as such you are asking for an impossible thing.

It seems like there are a bunch of weak-hands guys there that doesn't know how to hodl their Bitcoin for a long time. Why such in a hurry when you can earn more if you wait and hodl patiently until the right time to sell. I can't understand these people investing Bitcoin yet leave after they saw the price plummet like it has been 10 years already and most of you all are afraid of losing like hell Bitcoin would dump back to $1 each Bitcoin, I will definitely buy more if Bitcoin drops back to $1.

People are too afraid to risk of holding instead they just dump it straight back to the merchant/exchanges.

nowlscor18

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Quote from: blackened515 on June 09, 2021, 06:57:05 AM

Quote from: buwaytress on June 09, 2021, 01:29:52 AM

I just sold yesterday, forced to. I hate paying bills close closer to due date in case Bitcoin slides some more than I end up paying even more next week. Am I a weak hand bad guy? =(

Quote from: logfiles on June 08, 2021, 07:59:03 PM

Quote from: yat97 on June 08, 2021, 07:36:53 PM

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

I dream of a day when Bitcoin listing on crypto exchanges will have to be paid for like it is a case with all those other shitcoins. Ugh...

I dream of a day when shit I mean altcoin whitepapers are also only 9 pages and don't use the word "revolutionary".

Also of the day exchanges freeze selling during dumps so we can control prices better.

And so, same I feel, it's disappointing when value drops steadily while at the same time bills have to be paid, it's really annoying, sold too because it getting worse all the time and I hope this gonna stop, selling it out doesn't mean you are really a weak hand, things have to be done on the physical side.

Everyone is being disappointed when they sell their crypto coins when the price drops. Some of them are just being forced for they just need a money for some purposes. Some of them sells it because they achieved their goals on their coins. They sell their coins too early and they might be feel disappointed on the future when they will see how each coins increased their prices in crypto market.

South Park

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Quote from: yat97 on June 08, 2021, 07:36:53 PM

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

Not only those traders are the ones selling, you need to understand that this market is highly leveraged so when the price goes down a great deal of people not only lose money but they lose everything and they are forced to sell, also it is impossible that altcoins are not going to be tied to the price of bitcoin when they are using its technology and for the most part most exchanges price altcoins on terms of bitcoin and as such you are asking for an impossible thing.

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Quote from: yat97 on June 08, 2021, 07:36:53 PM

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

Yes many of us waiting for that day when altcoins get fully independent of bitcoin because there are some potential altcoins who have their own fundamentals that does not depend on bitcoin...but this is the reality today that bitcoin takes other coins up and down along with it.

I have seen always the dominance of bitcoin over altcoin .I think its the usual behave of the market .Altcoin is always follow the trend depend on btc .However there is something exceptional happen as well not all the coin follow like this we have seen many good altcoin get pump even btc is when on downtrend .Its true that new trader and investor always get panicked and make the wrong decision always .

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Quote from: Traderbtcc on June 18, 2021, 04:15:33 PM

Quote

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

I think you need to stop dreaming cause that's never going to happen whether you like it or not, altcoins will always follow bitcoin price movement.

Last year, there was already a situation when the price of BTC was growing rapidly, the price of altcoins did not change. Although we are already used to the fact that the price of altcoins follows the price of bitcoin. This happens because investors stop investing in altcoins, because they see that the price of BTC is rapidly increasing and investing in bitcoin will bring a quick profit.

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Quote from: Mpamaegbu on June 18, 2021, 02:21:18 AM

Quote from: yat97 on June 08, 2021, 07:36:53 PM

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

But this is already happening. There are certain exchanges that don't pair tokens with Bitcoin. Those days when I used to trade on Idex (a Dex kind of), tokens were paired with ETH. So, it's not as if it hasn't happened before. Even on some Cex, there are still tokens which aren't paired with BTC. Some have pairs in tether.

although its paired with ethereum , but its price still rellated with bitcoin. we have bitcoin dominance rate that represent the bitcoin power in market. so every altcoin ,paired with bitcoin or not will effected when bitcoin price dumped or pumped.

Quote from: tvplus006 on June 17, 2021, 03:01:28 PM

It is possible that this will happen sometime. And when that day comes, what will it change for you? I believe that there is no problem for a trader that the price of altcoins is correlated with the price of bitcoin. This makes it possible to predict the price movement of altcoins by observing the price of BTC.

bitcoin movement will help us to identity altcoin price,usually its moved parallelly as long as bitcoin dominance still high.

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Quote from: Traderbtcc on June 18, 2021, 04:15:33 PM

I think you need to stop dreaming cause that's never going to happen whether you like it or not, altcoins will always follow bitcoin price movement.

He can stop dreaming if he starts looking at the stable coins. They're not tied with bitcoin but they're tied with USD. But that's the reality that we're going to keep seeing that altcoins will always be tied to bitcoin and that's what should everyone has to accept.

Quote from: Maslate on June 18, 2021, 09:33:56 AM

This gonna be a lesson to learn for newbies, We must not be confident with the market and never, never underestimate the word volatility.

They shouldn't underestimate it because that's the main characteristic of bitcoin and this market itself. The volatility of the market makes it known and that's why we're also taking those times to consider if should sell or buy because of that main character.

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Quote from: yat97 on June 08, 2021, 07:36:53 PM

Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?

At this point, I don't know who exactly is selling,noobs have been pushed out of the market since the last crash, right now I guess it's just normal people dumping whenever there's a fud, I don't really seeing anything wrong with that either, not everyone is willing to hold till a coin pumps back up.

Quote

I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...

I think you need to stop dreaming cause that's never going to happen whether you like it or not, altcoins will always follow bitcoin price movement.

Topic: Who is selling? - page 4. (Read 1279 times)