Author

Topic: WHO THE FUCK IS SELLING!? (Read 630 times)

hero member
Activity: 2212
Merit: 805
🌀 Cosmic Casino
June 26, 2021, 04:58:41 PM
#57
Bitcoin is up 265% in the last year, 450% in the last 3 years, 1150% in the last 6 years, etc...

Yeah, Majority of people in crypto markets are overly concerned about short term price swings especially if its a downside move. When price goes up in an epic way, you won't hear complains from anybody but whenever the reverse is the case, people keep asking about who's selling or what is keeping market down. Crypto markets had a really epic run that saw many projects 10x. Bitcoin did over 20x from march 2020 flash sale. Eth did over 30x from same said date. No one is talking about those now.

This is what usually happens when you are caught by the hype and you bought Bitcoin at the peak price which is near around $60,000.
A typical newbie posting a thread regarding this.

~Snipped

I don't see any reason why people would expect market to always go up and up only.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
June 26, 2021, 03:52:04 PM
#56
wow a long text to say 1 thing, impressive OP Roll Eyes

This is what usually happens when you are caught by the hype and you bought Bitcoin at the peak price which is near around $60,000.
A typical newbie posting a thread regarding this.
Indeed. He has just to wait a couple of weeks/months to recover his "losses" and sell at a cheap price like $100k or wait a couple of years for higher price.

Can I ask at what price did you bought Bitcoin that it causes you to post this thread? Tongue.
Less than $100 tho or else it will be more dramatic...
sr. member
Activity: 2436
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 26, 2021, 03:34:33 PM
#55
People are selling for profit or when they need money badly, there are millions of holders and each of them has reasons of their own, if they are selling then let them be, we cannot stop people from selling and we don't care what are these reasons, I sometimes sell but it is when I am already on profit and I badly needed money, it's something we have no control.
There are many reasons to sell and I agree with you. Of course, almost all holders do, and it cannot be controlled and done anything because it is a right as an owner. they can do it however they want and at any time. but if it is done for profit, of course it is very good and we appreciate it.

but there are also many people who panic when they see bad news so they do something they really don't want to do, but for fear of losing they make sales and don't analyze well and there are too many people like this so if something happens to bitcoin it's a very bad thing. reasonable.

fortunately not all have panicked behavior and are still rational and willing to survive the onslaught of bad news. always believe there will always be improvements in the future.
sr. member
Activity: 2590
Merit: 452
Enjoy 500% bonus + 70 FS
June 26, 2021, 02:10:16 PM
#54
People are selling for profit or when they need money badly, there are millions of holders and each of them has reasons of their own, if they are selling then let them be, we cannot stop people from selling and we don't care what are these reasons, I sometimes sell but it is when I am already on profit and I badly needed money, it's something we have no control.

Most of this type of question are asked mostly from those angry why the continue selling are putting them at lost as they can't join the trend because they'll be losing more if they do. But other times, this question are from concerned users as the selling only put the sellers at lost that they may regret in the nearest future.

We're advice to only put funds we'll be ok losing that's to help in situation like this, if you have invested funds you need urgently then you can watch them lose value and will be forced to sell to cut losses but if you invested funds that won't cost you to think knowing you still have what you bought but just the dollars value is decreasing then you'll be ok and patience enough to hold through the trying times.

There is mostly selling going on for more than a month now. Newbies who entered in crypto in this year might not able to understand how this works. Experienced people like us have seen long bear markets and are not effected by current bitcoin moves.

Whales do sell bitcoins and then buy back cheap and then sell again. It will take a lot of time for the new comers to understand how crypto works.
Of course the current movement of bitcoin will not affect those who have been here for a long time because we learn from experience and whatever happens is not new, unlike beginners because they do not have experience when there is a decline or correction or any reason that makes them feel panicked and worried.
without realizing what they are doing will make things worse, but it is their right and gradually they will understand well how crypto works.
legendary
Activity: 2576
Merit: 1043
Need a Marketing Manager? |Telegram ID- @LT_Mouse
June 26, 2021, 01:34:09 PM
#53
This is what usually happens when you are caught by the hype and you bought Bitcoin at the peak price which is near around $60,000.
A typical newbie posting a thread regarding this.

Although you are right though that weak hands are the ones who are selling, we already know it so what is the point of this thread?? After all, investors are investing for their own reason. If they want to sell then they have the right Smiley. Selling at a loss? Some are doing it too because they got caught by the hype or simply they just want to sell their holdings.

Can I ask at what price did you bought Bitcoin that it causes you to post this thread? Tongue.
member
Activity: 949
Merit: 48
June 26, 2021, 11:03:39 AM
#52
Imagine selling now.... Honestly man...Fooking imagine it... Looking at your fooking kids in the eyes and saying you know what "I'm real sorry my youtes daddy, daddy fucking got a sex change, you know what I mean no more big dick, daddy got fat pussy naw kaw you weakling". Fuck that man, I can't look my children in the eys that daddy sold on dumps.. ON FUCKING DUMPS MAN.... You FOOKING idiots... Who the fook is selling... I whoooIdon't know anyone selling. My team ent selling. I know BANG hunters ent fooking selling. Gem hunter ent selling. SO WHO THE FOOK is selling.
Michael Saylor BUYIN, Grayscale BUYIN, Elon Musk on the Tesla cashflow fund BUYING... SO WHO FA FOOK IS SELLING... I'll tell you whos selling... Lil weak hand pussy-os that didn't even want to be in the game in the first place. Didnt understand it. "I'm in it for the tech" Fuck off, you ain't in it for the shit.
Well they have thier own decision of selling if they sell then it's up to them, you are right the one who sell is the weak hands or anyone who needs funds for thier needs, and i think there is no issue about it, it is thier decision as a holder of thier own investment so they can sell it anytime of the day. The only thing we can do is to buy those low at price not only btc but also altcoins to gain a profit from the weak hands.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
June 26, 2021, 07:57:05 AM
#51
People are selling for profit or when they need money badly, there are millions of holders and each of them has reasons of their own, if they are selling then let them be, we cannot stop people from selling and we don't care what are these reasons, I sometimes sell but it is when I am already on profit and I badly needed money, it's something we have no control.
Agree, let them have their way, they are the reason why the market is still active, there are people who sell and those who buy. That's what my mentor told me in terms of investing, don't wait for too long but you also have to take some profit from time to time.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
June 26, 2021, 05:31:56 AM
#50
People are selling for profit or when they need money badly, there are millions of holders and each of them has reasons of their own, if they are selling then let them be, we cannot stop people from selling and we don't care what are these reasons, I sometimes sell but it is when I am already on profit and I badly needed money, it's something we have no control.

Most of this type of question are asked mostly from those angry why the continue selling are putting them at lost as they can't join the trend because they'll be losing more if they do. But other times, this question are from concerned users as the selling only put the sellers at lost that they may regret in the nearest future.

We're advice to only put funds we'll be ok losing that's to help in situation like this, if you have invested funds you need urgently then you can watch them lose value and will be forced to sell to cut losses but if you invested funds that won't cost you to think knowing you still have what you bought but just the dollars value is decreasing then you'll be ok and patience enough to hold through the trying times.

There is mostly selling going on for more than a month now. Newbies who entered in crypto in this year might not able to understand how this works. Experienced people like us have seen long bear markets and are not effected by current bitcoin moves.

Whales do sell bitcoins and then buy back cheap and then sell again. It will take a lot of time for the new comers to understand how crypto works.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
June 26, 2021, 05:02:45 AM
#49
People are selling for profit or when they need money badly, there are millions of holders and each of them has reasons of their own, if they are selling then let them be, we cannot stop people from selling and we don't care what are these reasons, I sometimes sell but it is when I am already on profit and I badly needed money, it's something we have no control.

Most of this type of question are asked mostly from those angry why the continue selling are putting them at lost as they can't join the trend because they'll be losing more if they do. But other times, this question are from concerned users as the selling only put the sellers at lost that they may regret in the nearest future.

We're advice to only put funds we'll be ok losing that's to help in situation like this, if you have invested funds you need urgently then you can watch them lose value and will be forced to sell to cut losses but if you invested funds that won't cost you to think knowing you still have what you bought but just the dollars value is decreasing then you'll be ok and patience enough to hold through the trying times.
full member
Activity: 2324
Merit: 175
June 25, 2021, 07:24:09 AM
#48
People are selling for profit or when they need money badly, there are millions of holders and each of them has reasons of their own, if they are selling then let them be, we cannot stop people from selling and we don't care what are these reasons, I sometimes sell but it is when I am already on profit and I badly needed money, it's something we have no control.
legendary
Activity: 2898
Merit: 1823
June 25, 2021, 03:16:10 AM
#47
Sure, you could have sold at ~$60k, and that would have been the absolute, 100% perfect time to sell all bitcoin. But even at ~$30k or even $10k it's still a great time to sell bitcoin. In fact, as long as it's worth anything, people should be selling it because it's eventually going to trend to $0 or very close to it. Who is selling? Everyone who knows this confirmed fact.


It’s very laughable that trolls waste their time in trying to convince the MARKET, which is actually made up of every particpant from plebs like me, to billionaires and institutions, to you, yes you the troll, that Bitcoin’s value is eventually $0.

You are an OG, and should be rich, but you have probably sold under $20,000, OR, under $1,500? Why are you wasting your time trolling? Cool
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 24, 2021, 10:27:16 PM
#46
Who the f*ck is selling? Obviously those who already made enough profit or at least their investment already multipled times so they think it's the time to cashed out.

You can't judge 1 or 2 people can't make market down like this, it need lot of people cashed out to dump the market so you don't know "Who is selling"
Besides those people, panic people sell their bitcoin at a downtime without thinking that it is just temporary and the price will be back to the high price. They are panic because reading about the bad news and think that the situation will become worst.

Hopefully, they will not do that again, instead of buying more bitcoin when the price is down, so they can accumulate more bitcoin in their wallet and ready to sell it at a high price. It needs more patience to handle the emotion, not to panic because of the bad news.
legendary
Activity: 2394
Merit: 1131
June 24, 2021, 09:25:30 PM
#45
Who the f*ck is selling? Obviously those who already made enough profit or at least their investment already multipled times so they think it's the time to cashed out.

You can't judge 1 or 2 people can't make market down like this, it need lot of people cashed out to dump the market so you don't know "Who is selling"
STT
legendary
Activity: 4102
Merit: 1454
June 24, 2021, 06:59:16 PM
#44
People who need money will sell, gamblers and speculators who want action on command, anyone who hoped to receive back their money in a similar fashion to prior months this year will now be selling where as the more long term perspective holders will retain more patience.
   Always expect selling, literally every day expect a trader to buy then sell as he begins then closes his session because alot of the money is borrowed for the trade not the hold.  The waves back and forth are normal as part of that, add on any bad news and normal amounts of selling and theres always great reasoning for us to go down.    I expect sell like I expect the rain, sometimes we can grow despite, even because of the selling and dollar remains weak but theres a whole asset range in the market to compete with returns vs just crypto.
legendary
Activity: 3696
Merit: 2219
💲🏎️💨🚓
June 24, 2021, 06:11:56 PM
#43
Nice theatrics there.  As to who is selling... My guess is those who bought in at $50,000 and over hoping the price would double in twelve months (off the back of dubious threads such as this one) and are now feeling the all too very real pain that goes with knowing what goes up will always, at some point, go down.

Bitcoin isn't mean to be a store of wealth - its value is as a means of securely making online, one way payments with proof of that payment recorded via the block-chain.
sr. member
Activity: 1316
Merit: 254
United Crowd
June 24, 2021, 06:04:00 PM
#42
SO WHO THE FOOK is selling.
Michael Saylor BUYIN, Grayscale BUYIN, Elon Musk on the Tesla cashflow fund BUYING... SO WHO FA FOOK IS SELLING... I'll tell you whos selling...
relax Man...  You are not alone in feeling this condition.
maybethey claim not to sell bitcoin, if true then who is selling?  Yes, they are public figures, of course, in saying they must always be guarded.  but in action no one knows it.  to make sure that they still hold bitcoin let's ask CZ, is there any BTC transaction in their account.  whoever it is I curse the mastermind behind the recent big dump.
they are so bad
sr. member
Activity: 2296
Merit: 360
June 24, 2021, 04:15:03 PM
#41
they sold bitcoin without stopping since two moth at latest but in , the market suffer from selling big sommes of bitcoin , for sure the reason is whales ,they want buy more bitcoin , the big problem is when market drop , traders sells too , traders should not sell at these cheap prices because bitcoin will rise again more than percent of drop , but in cryptocurrency everyone need patience , then little of hope and why not the bull run will come back again and price to reach another highs level
generally traders should invest with strategie ,for example buy some bitcoin every time not once at the same prices or buy and hold for two year at latest
Do not forget smart traders, they sell at the 40k price because it is not going up any further but they also buy when it goes lower so they could profit. Think about it this way, what happens when there is a good amount of increase? People who bought at low makes a profit, so why wouldn't traders be happy that it went to 30k price? They are the ones who take it to 40k anyway so they are quite happy with the movement.

I do know that this prevents it from going over 40k easily because people sell there, but it also prevents it from going under 30k as well, if bitcoin market really wanted to we could have been under 30k and then go over 40k back to back by now, we have that talent, we just wanted to go up and down here to make a profit. We reached 30k before, and we reached 40k after that, similar things and I think that will happen again.
There are really people whom do really think that selling is always a bad idea without minding that there are different traders or investors into this market which would eventually make out necessary steps for them to take advantage out of this market because basing up with experience you would eventually find out on what are the best things on specific period of time on where you could really make profit the most.
Selling means neither profit taking or simply make out some panic sell.You cant really determine on someone on whats the current status that he had.
hero member
Activity: 2576
Merit: 586
June 24, 2021, 03:56:04 PM
#40
they sold bitcoin without stopping since two moth at latest but in , the market suffer from selling big sommes of bitcoin , for sure the reason is whales ,they want buy more bitcoin , the big problem is when market drop , traders sells too , traders should not sell at these cheap prices because bitcoin will rise again more than percent of drop , but in cryptocurrency everyone need patience , then little of hope and why not the bull run will come back again and price to reach another highs level
generally traders should invest with strategie ,for example buy some bitcoin every time not once at the same prices or buy and hold for two year at latest
Do not forget smart traders, they sell at the 40k price because it is not going up any further but they also buy when it goes lower so they could profit. Think about it this way, what happens when there is a good amount of increase? People who bought at low makes a profit, so why wouldn't traders be happy that it went to 30k price? They are the ones who take it to 40k anyway so they are quite happy with the movement.

I do know that this prevents it from going over 40k easily because people sell there, but it also prevents it from going under 30k as well, if bitcoin market really wanted to we could have been under 30k and then go over 40k back to back by now, we have that talent, we just wanted to go up and down here to make a profit. We reached 30k before, and we reached 40k after that, similar things and I think that will happen again.
hero member
Activity: 2030
Merit: 402
June 24, 2021, 01:34:22 PM
#39
Chill, mate. You shouldn't be this much angry. Of course, we all don't like panic sellers etc. . But there will always be this kind of people. Because every day, new investors show up in the market. And most of them lack knowledge about this market. So, they panic sell when they see the price coming down sharply. They are one of the big factors causing this fall.
full member
Activity: 1064
Merit: 101
June 24, 2021, 12:31:58 PM
#38
Sure, you could have sold at ~$60k, and that would have been the absolute, 100% perfect time to sell all bitcoin. But even at ~$30k or even $10k it's still a great time to sell bitcoin. In fact, as long as it's worth anything, people should be selling it because it's eventually going to trend to $0 or very close to it. Who is selling? Everyone who knows this confirmed fact.
because indeed the price of Bitcoin used to be only $ 1 since it was launched,
there are even bitcoin users buying Pizza with lots of Bitcoin, but now that has changed,
we only buy pizza with satoshi, of course it's very tempting right?, and everyone can sell it anytime,
because of the nature of the Crypto is decentralized, so we will never know who sold the bitcoins
legendary
Activity: 2198
Merit: 1311
June 24, 2021, 10:13:24 AM
#37
Sure, you could have sold at ~$60k, and that would have been the absolute, 100% perfect time to sell all bitcoin. But even at ~$30k or even $10k it's still a great time to sell bitcoin. In fact, as long as it's worth anything, people should be selling it because it's eventually going to trend to $0 or very close to it. Who is selling? Everyone who knows this confirmed fact.
legendary
Activity: 3794
Merit: 1418
June 24, 2021, 09:51:29 AM
#36
Imagine selling now.... Honestly man...Fooking imagine it... Looking at your fooking kids in the eyes and saying you know what "I'm real sorry my youtes daddy, daddy fucking got a sex change, you know what I mean no more big dick, daddy got fat pussy naw kaw you weakling". Fuck that man, I can't look my children in the eys that daddy sold on dumps.. ON FUCKING DUMPS MAN.... You FOOKING idiots... Who the fook is selling... I whoooIdon't know anyone selling. My team ent selling. I know BANG hunters ent fooking selling. Gem hunter ent selling. SO WHO THE FOOK is selling.
Michael Saylor BUYIN, Grayscale BUYIN, Elon Musk on the Tesla cashflow fund BUYING... SO WHO FA FOOK IS SELLING... I'll tell you whos selling... Lil weak hand pussy-os that didn't even want to be in the game in the first place. Didnt understand it. "I'm in it for the tech" Fuck off, you ain't in it for the shit.

Lol pretty aggressive over nothing.  This is normal in crypto or any market.  There are ups and downs, bears and bulls.  If someone feels a good trade opportunity exist by selling here and either holding to buy back in lower or booking profits from this insane run then it would make sense for them.
sr. member
Activity: 1176
Merit: 286
June 24, 2021, 08:59:43 AM
#35
they sold bitcoin without stopping since two moth at latest but in , the market suffer from selling big sommes of bitcoin , for sure the reason is whales ,they want buy more bitcoin , the big problem is when market drop , traders sells too , traders should not sell at these cheap prices because bitcoin will rise again more than percent of drop , but in cryptocurrency everyone need patience , then little of hope and why not the bull run will come back again and price to reach another highs level
generally traders should invest with strategie ,for example buy some bitcoin every time not once at the same prices or buy and hold for two year at latest
legendary
Activity: 2898
Merit: 1823
June 24, 2021, 06:54:25 AM
#34
OP, you should be asking, “who the hell is BUYING”? Anyone selling today is more Bitcoin that goes to the billionaires for HODLing, never to be seen in market again for maybe a minimum of five years. The crash from ATH is different than the crashes of 2013, and 2017. The market is currently more liquid. Who is providing the liquidity on the bid side?
member
Activity: 1120
Merit: 68
June 24, 2021, 06:53:34 AM
#33
OP is another guy who bought bitcoin on the top. He bought when Bitcoin reached ATH around $64000, then blame all people who sold their bitcoin and make bitcoin price falling. There is nothing wrong about selling, because almost all people are trader not investor. You can't blame them just because they selling their own coin
Agree, if you sold and you can make profit then you might as well sell it. I think that there's nothing wrong with that, especially if you are trying to cut losses then might as well cut it before getting a bigger losses.
hero member
Activity: 2842
Merit: 772
June 24, 2021, 06:44:36 AM
#32
Or probably the chinese miners who are out of business right now because of the continued government ban on bitcoin mining? For one, they need to feed their families, second, maybe they don't want to get out of China and continue their mining business.

In any case, the OP should remain calm, weak hands have sold, so this is nothing out of the ordinary, maybe we have reach the peak in $64k and that's why people are selling because of the uncertainty in the market today.
sr. member
Activity: 2016
Merit: 283
June 24, 2021, 05:50:23 AM
#31
Just chill and relax mate i know how you feel right now because lately bitcoin really shown a great green percentage and everyone was shocked, but unfortunately it restart now and turn to red again. I know most of investors are disappointed right now especially those who buy immediately and expecting it will constantly increase because of what improvements it made during the day which still bleeding because of some negative news from china.  just imagine it made bump from 30k to 34k and now it gradually decreasing, and even me i don't know exactly what's is going on. +17% and suddenly turn into negative 2.7% ? .. Lol
legendary
Activity: 1890
Merit: 1148
June 24, 2021, 01:14:33 AM
#30
OP is another guy who bought bitcoin on the top. He bought when Bitcoin reached ATH around $64000, then blame all people who sold their bitcoin and make bitcoin price falling. There is nothing wrong about selling, because almost all people are trader not investor. You can't blame them just because they selling their own coin
hero member
Activity: 1820
Merit: 747
June 24, 2021, 12:57:36 AM
#29
calm down buddy, the current price is still quite high compared to the price at the beginning of the year, or 2020. you just have to look at it from the other side. if you get stuck at a high price, you have to be patient, because you're not the only one stuck on a high price. Well, I'm also stressed about this situation, but we need to be patient, friends. the choice is to sell now or stay in the current state.
sr. member
Activity: 1274
Merit: 293
June 24, 2021, 12:39:19 AM
#28
~snip

Not all who sold are panic sellers, some are short sellers. They sell at the most convenient range, and buy when it dumps close to the support level.
Not everyone is willing to learn anyway since a lot of new comers wants to make a quick buck and get rich quick over night investments. Those are the type of people who would quickly sell when Btc is declining.
But my point still stands, the prices did go up and the people who sold at a lower price than that is waiting for it to go down a little bit on their target price because getting back in would probably cost them some more if they want to get back the same amount of bitcoin.
legendary
Activity: 3472
Merit: 10611
June 24, 2021, 12:11:07 AM
#27
So, when Bitcoin is rising very fast, it's all organic growth and a result of mass adoption, but when it's falling after that, Bitcoiners start looking for manipulators, coordinated attacks and "weak-handed traitors". Why it's so hard to acknowledge a simple fact that what rises fast also falls fast? Bitcoin had a bubble, just like many times in the past, there's absolutely nothing out of ordinary going on.
Unreasonable falls (and rises) are manipulation not the reasonable ones. For example when price fell from above $60k to the $50k range that was a perfectly healthy price action because it was a correction after a series of big rises. If anyone calls that market manipulation they are wrong.
But when price falls from $60k+ to $28k for no reason apart from a lot of FUDs and irrelevant negative news then it is market manipulation.

P.S. $60k was not even close to being a bubble.
legendary
Activity: 3038
Merit: 2162
June 23, 2021, 12:04:38 PM
#26
So, when Bitcoin is rising very fast, it's all organic growth and a result of mass adoption, but when it's falling after that, Bitcoiners start looking for manipulators, coordinated attacks and "weak-handed traitors". Why it's so hard to acknowledge a simple fact that what rises fast also falls fast? Bitcoin had a bubble, just like many times in the past, there's absolutely nothing out of ordinary going on.
hero member
Activity: 2814
Merit: 553
June 23, 2021, 08:37:14 AM
#25
The people that have sold recently must be shaking their beds right now because the prices climbed back in prices already and I think that it's pretty sad that they sold at a panic prices and now they have to buy at a big loss, hopefully they will learn something from it.

Not all who sold are panic sellers, some are short sellers. They sell at the most convenient range, and buy when it dumps close to the support level.
Not everyone is willing to learn anyway since a lot of new comers wants to make a quick buck and get rich quick over night investments. Those are the type of people who would quickly sell when Btc is declining.
sr. member
Activity: 1274
Merit: 293
June 23, 2021, 08:00:38 AM
#24
The people that have sold recently must be shaking their beds right now because the prices climbed back in prices already and I think that it's pretty sad that they sold at a panic prices and now they have to buy at a big loss, hopefully they will learn something from it.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 23, 2021, 08:00:09 AM
#23
This is why I buy only once in while but after seeing that the market is at bottom rates. I never rush or never buy when market is in bullish trend and don't go FOMO about it. Thats what I learnt all through these years. Perhaps, I'm also average wagering man so I always save money first and then only invest money which I don't need for me or my family.

That way you don't go crazy shit like this. Because you know the money is already the one I don't need anyways.  Cheesy

Its not good to buy at rush also not good to buy at the peak thats why we need constant planning on when we execute our buy since this could save us from possible losing if we analyze carefully our possible position. But I decide to buy right now but in small fractions just to see if I hit the right spot and can do another action.
full member
Activity: 1092
Merit: 227
June 23, 2021, 07:41:08 AM
#22
This is why I buy only once in while but after seeing that the market is at bottom rates. I never rush or never buy when market is in bullish trend and don't go FOMO about it. Thats what I learnt all through these years. Perhaps, I'm also average wagering man so I always save money first and then only invest money which I don't need for me or my family.

That way you don't go crazy shit like this. Because you know the money is already the one I don't need anyways.  Cheesy
hero member
Activity: 2282
Merit: 659
Looking for gigs
June 23, 2021, 06:56:07 AM
#21
Dude at what price did you buy Bitcoin? And did you go all-in on it or diversifying it to other crypto assets? if you bought it during the time Bitcoin is rallying, I think this is how you feel right now. First of all, I would blame China for most of the dumping due to their continuous crackdown on Bitcoin mining (as some of them have moved their mining rigs to Kazakhstan. This is truly the main reason why most of them are panic selling, but this is just temporary.

Think of Bitcoin as a long term investment. In 2018, we all thought that this was the end of Bitcoin and it may not go even higher than $20 anymore, but last year Bitcoin proved us wrong. So don’t worry about it man, try not to look at the price for a long while and instead focus on something that will make you productive.
sr. member
Activity: 1330
Merit: 326
June 23, 2021, 06:50:29 AM
#20
You dont know the reason why they are selling , perhaps some personal reasons. That is why selling at bearish price seems no choice for them. However, I wouldn't be panicking like others. Ive seen this scene before, downward movements for few months until it will accumulate strong reason for it to goes up again. As we saw new ATH for bitcoin before it dump, if the market will recover it will surpass that ATH again.

Like everyone's motto: The best thing to do? HOLD.
hero member
Activity: 2562
Merit: 577
June 23, 2021, 06:41:40 AM
#19
Lol, it is their choice bro, you can't unfortunately tell them what to do, truth is anyone who is selling at this price is making a mistake, especially selling at lose because of unnecessary panic, why sell when the market is already down! well since we all have right to our choices, people are free to do as they want, buy high sell low and repeat the circle, all good.  Cool
legendary
Activity: 2534
Merit: 1115
June 23, 2021, 06:13:32 AM
#18
I guess you ain't in it for the tech too because you wouldn't be this affected and angry if people started selling their BTC even in negative profit. everybody knew that every time that there is a downtrend there will always be people who will sell their BTC and people who have been in bitcoin and hodling for a while knows that.

Bitcoin is up 265% in the last year, 450% in the last 3 years, 1150% in the last 6 years, etc...
amen to that
sr. member
Activity: 1610
Merit: 264
June 23, 2021, 06:04:38 AM
#17
~
This is one great way to see it in larger picture hmm.
Never thought of it.
I guess it could be said for those who had bought it in those years and while for those who had bought it around 60k, it is now 46 - 50% off. Smiley
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
June 23, 2021, 05:26:22 AM
#16
Chill.

Just as you, I'm also in long position and I don't care whoever is selling and if they keep on dumping.

I'll be letting them mind their own business but I'll stay what I've planned to do so and let's see who will have that effortless reward with bitcoin.  Cool
legendary
Activity: 3248
Merit: 1070
June 23, 2021, 05:13:55 AM
#15
probably chinese due to panic
hero member
Activity: 2254
Merit: 537
My passive income eBook @ tinyurl.com/PIA10
June 23, 2021, 05:11:41 AM
#14
I think OP had some of his long positions liquidated so he had a stroke and hence, this rant.
legendary
Activity: 1181
Merit: 1018
June 23, 2021, 04:46:22 AM
#13

I seriously suspect that BTC price is hammered down using fraudulent NONEXISTENT dollar spoofs called USDT.

Starting to look eerily like what has been going on in gold and silver prices for a long time now.

Only thing is that using USDT to manipulate BTC price works far less that using USD to manipulate gold price, and hence will not succeed in the long run.

USDT is a massive scam. When it collapses, there will be turbulence, so buckle up everyone.

In the meantime: Enjoy the ride and HODL!!!
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 23, 2021, 02:31:53 AM
#12
Calm down bro. People out there sold their bitcoin because of fear and worried if bitcoin is down below $30k. But we already saw the price reach below $30k before and now, the price is back to $34k. Hopefully, it will stay like that until the end of this week and in the next week, the price will start to increase and break $35k-$37k. Bitcoin really needs to hold the mass-selling from the people, and I am sure that bitcoin can do that. This correction can continue if there is a bad news release again.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
June 23, 2021, 01:10:57 AM
#11

This is what happen when you buy at the ATH and the price dips to more than 50% you start blaming everyone for selling. Just so you know not everyone is selling but you got to know most of the traders will take profit. Look at it as if the take their share before somebody else take it. 

You'll find your treasure next bullrun so dont forget to take profit and witness someone else post like what you did today.
legendary
Activity: 1372
Merit: 2017
June 23, 2021, 01:04:19 AM
#10
Although Bitcoin is the most profitable asset of the last 10 years, there are many people who have lost money with it. They are the ones who bought at $60K and are selling now. Or those who years ago bought at $100 and then sold at $40. A lot of people don't see the big picture and get caught up in emotions.
hero member
Activity: 2660
Merit: 551
June 23, 2021, 01:04:06 AM
#9
Maybe the question is why everyone is not buying at this point? The price dip again to $32k, meaning the price is at a discounted price. And there are many reasons why people want to sell, maybe they really needed some money right now in this pandemic or they want to gamble. Don't who don't want to be in this game are probably those people who invested in the wrong reasons.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
June 23, 2021, 01:02:59 AM
#8
Bitcoin is up 265% in the last year, 450% in the last 3 years, 1150% in the last 6 years, etc...
And not to mention that some people have earned through signature campaigns and just hodl it, so basically even if they sell now, they're still getting free money no matter what.
hero member
Activity: 2870
Merit: 594
June 23, 2021, 01:01:31 AM
#7
Well you have answered you questions, those weak hands are selling, but you can't blame them? Maybe they thought that it's better to sell right now and not wait for the price to dip at $20k. In any case, you need to calm down mate, if you buy at the top price then all you have to do is wait for the price to go back again, simply as that. Grin
jr. member
Activity: 62
Merit: 8
June 23, 2021, 12:59:05 AM
#6
maybe they just want the price go lower and then buy their bitcoin back to gain some money...which is rather foolish coz you'll never when the lowest will come Undecided
anyway they apparently satisfied their government or the whales. with such a weak mind, no wonder they would lose money. bitcoin is for strong believers, not weak hands
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 23, 2021, 12:51:19 AM
#5
Consequences at buying at 60k with all the beer money you got!

I always find it funny when people are not realizing the difference between their target in life and others, some are even at these prices selling coins at a profit, some would be amazed how many think that this whole downtrend is too much for them, they've already made 3x, not going to waste another 3-4 years for 6x, need a car and hooker money now, not years from now!

And btw, Saylor is not buying with his own money, he is buying with other's people money, that's a big difference.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
June 22, 2021, 11:53:20 PM
#4
Stop alcohol abuse mate this will not bring you any good in life ..


I'm not selling so its clear in my part  Grin

take a chill pill and calm down....  Smiley

Please Give Him some good brand to take a faster effect because OP seemingly has a Highblood pressure or not in anyway of calming .

this can bring a heart attack OP so please be aware..
newbie
Activity: 12
Merit: 0
June 22, 2021, 11:11:53 PM
#3
take a chill pill and calm down....  Smiley
legendary
Activity: 3010
Merit: 8114
June 22, 2021, 09:43:41 PM
#2
Bitcoin is up 265% in the last year, 450% in the last 3 years, 1150% in the last 6 years, etc...
newbie
Activity: 5
Merit: 2
June 22, 2021, 09:14:15 PM
#1
Imagine selling now.... Honestly man...Fooking imagine it... Looking at your fooking kids in the eyes and saying you know what "I'm real sorry my youtes daddy, daddy fucking got a sex change, you know what I mean no more big dick, daddy got fat pussy naw kaw you weakling". Fuck that man, I can't look my children in the eys that daddy sold on dumps.. ON FUCKING DUMPS MAN.... You FOOKING idiots... Who the fook is selling... I whoooIdon't know anyone selling. My team ent selling. I know BANG hunters ent fooking selling. Gem hunter ent selling. SO WHO THE FOOK is selling.
Michael Saylor BUYIN, Grayscale BUYIN, Elon Musk on the Tesla cashflow fund BUYING... SO WHO FA FOOK IS SELLING... I'll tell you whos selling... Lil weak hand pussy-os that didn't even want to be in the game in the first place. Didnt understand it. "I'm in it for the tech" Fuck off, you ain't in it for the shit.
Jump to: