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Topic: Who's actually still selling this? It will be $5,000 - $8,000 in no time - page 3. (Read 2727 times)

sr. member
Activity: 1022
Merit: 280
I would rather see people out there doing something with the Bitcoin they have been sitting there staring at the computer screen, that's why I have 15 employees to do that for me so that I can go out there and actually make something happen to as it is supposed to happen in the business world.
hero member
Activity: 560
Merit: 500
Actually happening a little bit slower than most of the analyst put out. It'll get there I just really not going to change much of anything. For us to sit around and think about nothing other than the price is wasting valuable business time.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
People will always sell their bitcoins for different reasons...maybe they are anticipating a correction or negative news reaching the community will affect the price, or simply just need cash and we cant always hold our crypto coins without spending some of our profits.

Quote
It will be $5,000 - $8,000 in no time
Things are going according to script and it looks like that $10,000 thresholds might become a reality, all need is to buy more bitcoins to hold.
legendary
Activity: 3556
Merit: 7011
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Why sell now, don't like money?  You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.

there can be a lot of reasons to sell!
for example it can be for needing money and having no other way of getting that money apart from liquidating some assets such as bitcoin. (I sadly had to do this a couple of days ago)
or it can be a risk management thing where you have 30BTC and want to take 2 out just to get ~$8400 and enjoy life and have an easier sleep at nights.
If you do have 30BTC then i would really do the same thing too getting out with some partial cashouted bitcoins would be still fine and as you said enjoy life and dont just purely hold on tight with bitcoins because anytime we wont know if price would go back again. As long we do have the money we can anytime buy out again for cheaper prices on bitcoin.
Right, because we all know damn well you can't buy shit with bitcoin.  Lol

I'd be taking some money off the table now too, if I had any on it.  Traders take profits,  that's the nature of trading and there's nothing wrong with that.   That's why we get dips, and we're going to get one shortly,  believe me.  Don't fault people for selling.  There are many reasons for doing so.
hero member
Activity: 672
Merit: 500
The people trading are not only from this forum they are from eveeywhere for all of us we are aware that bitcoin will easily reach 5000$.

▪Don't think this like only a crypto market think this as a real companies market we buy at 100$ and sell at 2000$ ni matter what our stock will sell in couple of seconds.

▪Same way for bitcoin there are some investors who bought at 3800$ and selling at 4200$ there are some who bought bitcoin earlier and are now selling for double or triple profit and some are new investors.

▪If you combine all these it becomes 100,000 traders
legendary
Activity: 1120
Merit: 1008
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There can be different reasons but for me its to just make an early exit before correction so that I can buy some cheap bitcoins after few days.
However this time I don't think we will see quite big correction so I have already bought back what I have sold at $4k.  Grin
sr. member
Activity: 392
Merit: 257
Holding now can prove profitable in future as it may go higher than what it is now.I think in few months it can reach around $5000 and might be stable for a while.But if you have a lot then you can sell some now and if there is drop then you can buy more.
full member
Activity: 252
Merit: 100
i imagine the face of people if tomorow morning Bitcoin is back to 350 USD haha Cheesy Cheesy Cheesy
legendary
Activity: 1848
Merit: 1000
If you need to sell you need to sell, there is still the chance of a drop at some point but I think now is the time to just hold on.
sr. member
Activity: 546
Merit: 261
If you need fast money,you can sell it now,but we don't know what the highest price bitcoin will reach at the end of the month
I think it will reach $5000 and will stay till november or so,but in bitcoin world we dont know what would happen,just don't sell all your coin
full member
Activity: 140
Merit: 101
Started selling at $4200 and will continue to $5000. Then will buyback on the correction ($3500) after the SegWit activation dump. $8000... perhaps in a few years...
sr. member
Activity: 434
Merit: 250
Why sell now, don't like money?  You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.
Someone can decide to sell his or her bitcoins because they believe that they are okay with the amount of profits that they have made so far, others  on the other hand believes in the notion that whatever goes up, eventually comes crashing down.Everyone has his or her own reason for selling at this juncture, but the prudent one's who wait and see it go further before they are okay. There is nothing wrong with making even much more money.
newbie
Activity: 25
Merit: 0
Best to sell a little if you have a lot.  If you don't have much - only 1 or 2 BTC - then HODL for sure.

Wait for $20000!
sr. member
Activity: 1988
Merit: 453
LOL.. In my opinion, those who are selling their coins right now are the most intelligent investors. I am saying this, because 99% of the Bitcoin holders will be reluctant to sell their coins now, because of the rising prices. But sooner or later there will be profit booking and a huge dump. These guys are intelligent and they are selling their coins before the dump.
staff
Activity: 3500
Merit: 6152
Why sell now, don't like money?  You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.

SegWit opened a lot of doors and the bitcoin roadmap hold a lot of good things but I guess I'm correct when I say that your speculation is not backed by anything. We can either be realistic and say that the price is barely holding +4000$ at the moment with ups and downs or simply predict a random price increase within a few days like you did.
newbie
Activity: 24
Merit: 0
I think it will grow higher aswell but since the price literally skyrocketed the last few days its hard to believe that this trend goes on forever up to 8000$ without a hard drop before. And once it goes down alot of people are going to panic-sell aswell because they just see the decrease in value and that's the point where im buying again.

Also people sell at any price as long as there is a demand for it. Maybe they need the money or they just did a one time investment into bitcoin and want to be done with it because they think its to risky. There can be lots of reasons. But you're right, if you're in for the long term then you shouldn't sell right now even if it goes down again.
newbie
Activity: 35
Merit: 0
I'm wondering the same thing but I think people are betting on the volatility and how once it dips a bit they can buy more? There was a tiny "crash" yesterday and I should have sold then bought right up but I missed the train.  Grin
legendary
Activity: 2996
Merit: 1054
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Why sell now, don't like money?  You will not feel too smart when you realize you could wait a few days and he $3,000 more for it.
well holding is the best way to generate more profits the longer you can hold the higher gain will be earned just keep your eyes open and
for sure you will understand that even some downfall showed up bouncing back to much bigger value will still be possible in the long run.
legendary
Activity: 1148
Merit: 1006
Black Panther
I have 1 btc and I'm usually sold it 1/10 portion of my bits every bitcoin value increment $ 100
But I was amaze that bitcoin able reach this high unexpectedly so from now I'm better to hold it more longer
full member
Activity: 252
Merit: 100
Maybe coz this perpetual grow look too good to be true and it will crash hard very soon
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