Bitcoin Forum

Michael Moro, who is a CEO of a major crypto trading company, talks about how people who bought into Bitcoin at the beginning of 2017 at $1000, are now starting to sell their coins. Is this an indication of massive FUD? Is this the time where we should buy and take advantage of the FUD sellers?

When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now?


Source: https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/

News such as this in my opinion is basically to spread panic,i honestly think we should ignore such statistics/information..
I bought my first BTC in the first month of this year,and I'm still hodling till now, I definitely am not panic selling just yet

If that's the case then I guess they're pretty dumb in calling it out for profits. I only bought @ $4000-ish range last year after selling my previous stash at $2900 and sold those newer ones at around $18-$19k a piece. I am not that dumb and greedy to wait for everything to depreciate in value before I sell and call it a nice decision. This is yet another solicited, fear-mongering article just to prolong the bleeding of the market. So far, these tactics are working and as we see, a sharp $2000 decline happened in a span of a few days.

Nice try CNN, I bought nearly all of mine below $1000 & I’ve only sold about 10%. Definitely holding through to after the next halvening. There will be fireworks then.

By that mathematical logic, people who bought Bitcoin at 4k would have sold at 16k (they didn't). I'm not sure those sell offs are from coins bought at any particular price range, rather they belong to particular types of owners. The kind who probably didn't buy in at $1000.

@Luchi: I didn't buy any but certainly I've been earning virtually all my income no longer in fiat, so in a sense, I've been buying in at every price Bitcoin's ever been at. Good to see guys like you digging in and gritting it out. This wild chatter of capitulation is making me feel good.

This news is base on assumption and at that it base on individual thought about the whole situation, I bought my bitcoin toward the end of 2017 when the price was high and am still hodling I don't give in to FUDS after all we are all aware of the volatility of the market before investing in it.

FUD. One who has been around for a while knows how this kind of "articles" pop up every single time there's a BTC drop. If you truly believe in the cryptocurrency revolution and check the recent news about the adoption of it, you will know this isn't the first, nor is it the last drop Bitcoin will ever have and it's a normal kind of cycle and volatility in the crypto world. The stable volume we recently had was not normal and I honestly expected a big spike or a big dump. I bought at high prices but I don't mind - as the price drops, I keep buying and my average purchase price is starting to look pretty sweet. Those who bought at $1k and are selling now must be those who get scared after reading an article like the one you gave us in your OP. We've seen big, and I mean BIG players withdrawing a lot of BTC out of Binance to their wallets before this drop. A super-rich guy wouldn't blindly make this huge move.

This kind of FUD doesn't affect me anymore, nor does it affect most older members of the crypto community. It's always been this way. Don't follow others, follow your own thoughts and guts.

It surely is an indication of massive FUD. But the way things are going who wouldn't panic? I would panic if I had some bitcoins right now and reading this might even make me sell considering that these guys are early investors and so must have so much experience... For new investors i don't think this is a good time to buy. For me I would just sit, watch and hope that things get better. But isn't taking risks part of this?

The FUD is all over investors are panicking selling off bitcoin has gone down beyond expectations, are we coming back or let's say the prediction of it hitting $2,000 is happening because many are scared of the market now BLOODBATH.

In general, I noticed that lately there has been a serious negative pressure on cryptocurrency from various press and people who call themselves cryptocurrency experts. Perhaps this way from the market trying to squeeze out extra passengers. Those ordinary investors are inclined to sell cryptocurrency at the current price scaring that things will only get worse. I do not know how anyone, but I will continue to keep my crypto. I am ready to wait another couple of years, because I sincerely believe in the future of cryptocurrency.

Certainly, the early buyers of bitcoin and other altcoins do not have the development of the technology in mind, but only profits. As the markets continue the correction, it will stabilize and I am sure they will jump back.

I  doubt it.  I bought several years ago alot of bitcoin for between $250 and $400 each.  Even now this has been a tremendous investment which I am HODLing after buying for cash totally a new house, 40-acres of land, new tractor, wood stove, furniture, Amish barn.

All the remaining bitcoin and bitcoin cash (which I got for free in August) I hodling.

Just another FUD, here comes the mainstream media. Trying to report something that can affect everyone's emotion. Of course, people who bought during $1,000 has a better space to sell at any price that we want.

They are mindsetting and every time they talk about "selling", it's just another signal for everyone to start buying.

Here is the key to becoming and staying rich:

1)  Buy when nearly all are selling.
2)  Sell when nearly all are buying.

There you go.  Your welcome.

So those people that bought at 1000 dollars decided $5000 is a better time to cash out rather than any time throughout the year like when bitcoin was at $7000. This is pure fud

This has fud written all over it, those people did not sell when it was 20k, now suddenly why will they sell it when it's the perfect time to dip in and accumulate at all dips. I had brought in parts in end of 2016, I moved out a bit when it rallied up, but just cause it's come I'm not going to sell, this is the worst time for selling your coins. I would strongly urge people to hodl on to your coins, just a bad phase it to shall pass.

I can't deny the fact that people are selling out of panic because the time is hard and unpredictable! The way way bitcoin price came down to the current level from 6500 level, is indeed a trigger for the panic! So who have just invested in bitcoin to make good amount of profits, they will sell their positions and take whatever profits they can! I usually don't consider them as a supporter of cryptos. They are just investors and joined the market just to make money!

I accumulated majority of my holdings when the price was at $450, so I am still in huge profit! I'm sure that I'm not going to panic sell, at least not at this moment for sure!

Lol CNN getting involved to FUD the market?  I doubt you can get the statistics that those who bought at 1000 dollars are selling now, that is just a mere thought, no fact behind.  Those who bought at 1000 dollars had sold their holding when Bitcoin is on its way to its ATH last year.  Remember the spike in price last year does not happen in just one day so there are plenty of room for the holders to sell at a profit last year and even during the decline this year.  So I guess this is just adding salt to the wound.  FUD is so strong, an indication that there is someone behind this and that Bitcoin is preparing to skyrocket again.  BAKKT even moved to January next year, so yeah, they decided to move it so that they have plenty of time to buy cheap bitcoin.

I had BTC when it was around 200 USD, sadly I was just a small time trader back then so i sold it when price goes up and now works and get paid with cryptocurrency and changed it to bitcoin, so like buwaytress,

Then they didn't know anything about the market. I think they could sell when BTC was 18-20K. So if they start right now, they will loose.

A very funny thing to read such "news." Of course someone can get afraid of the current situation and sell, or maybe just because of the need of money and the inability to get money from other sources, but the fact is that prices are now relatively low to sell, especially if you bought at 1k and still have good profits.

if it was so easy to track what people are doing with their bitcoins that even a shitty news site like the one you quoted could have an statistic like this, then the governments wouldn't have resisted bitcoin's adoption so much as they are doing now :D
there simply isn't any way of knowing who is doing what with their bitcoins and when they bought and when they sold their coins. anything they claim is simply their imagination.

the funny part of it is that not so long ago CCN was constantly publishing bullish news because price went from $6330 to $6350 and they were seeing moon!

I think it is just another article to create FUD in the last hodlers, make the price drop even more to make these times even better for those who are looking for a nice long-term investment opportunity. It's just a great time to buy now and wait for couple of years for the next upswing.

Step-by-step guide:

1. Buy now
2. Hold and wait for next upswing
3. Sell
4. Make a nice profit

So what, let them, let the price drops back to 1000$ so I can buy it again at that price. We will see who will benefit more, the ones who are selling now or the ones who are buying now... That's just another shitty crappy news segment, so all the people who have bitcoin would sell now, right before it'll go back up(ok, maybe in 6months or even earlyer, idc)

In my opinion it is redundant news. The point is that the panic sales have already started, and sells from 4k by owner and it doesn't matter from which price he has got BTC. It is as though, who bought BTC from 1k signed a contract to sell when the price fell to 4k. I don't understand why everybody are trying to find a reason behind drop, it is just decrease.

Well, I don't think that it is a blanket statement because there are many investors who have invested considering long-term scenario and selling at this level is much early, in my honest opinion. Bitcoin and entire crypto industry are still in the early phase of development and anyone getting involved even today is an early adopter in my honest opinion. Definitely, there might be the investors who want to exit from the market but they are in minorities.

I want to play devil's advocate here and say that this dump might be a smokescreen for a massive pump that might happen once the SEC has approved the ETF's. They need to buy coins at the lowest price possible and I think this has been a orchestrated dump to push the price down in preparation for the huge pump that is coming.  ??? ::)

You have been warned, this might all be smoke and mirrors my friends.  ::)  When large media platforms start publishing crap like this, then you should sit up and take notice.  ;)

I bought bitcoin for the complete holding planning in this year ,when bitcoin price goes to down 10k dollar.but I have see now bitcoin price huge down different on the 10k Dollar.so realty today I have got it decided I want to buy more bitcoin again have lower price.and I'm waiting until when bitcoin price again going up 15k dollar over.

And that's a great idea. No better time to buy than during the lows. This is the way to make money!

of course it is FUD, the article is just hypothesizing on people's motivation, how the hell can they know who is selling and why?

It's CCN, not CNN :p I've misread that name quite a lot too. Then I visit their website and see it has a very crappy design, sometimes with even crappier articles.
Not really a source that I'd put a lot of trust in.

They're clearly trying to profit from their name being similar to CNN's.

I mean, this particular piece of news could be true, but they're basing this of off the words of one CEO of an OTC crypto trading firm.

None of these FUDs will make me panic. As far as I can see, the people who are involved in this kind of sale are nothing but weak hands. They can sell all their holdings in bitcoin if they like. It will rather give strong people the opportunity to get in a very cheap price.

I think this is just to create more FUD to read that news. I feel that those who bought at $1000 last year had been sold their bitcoin when it hit $10,000 or if they missed the all time high they might sell it when it starts to decline. It's too late to react and sell it now.

I think that only a minority of people act so stupid and sell digital gold at such a relatively low price. Only confident people who believe in cryptocurrency will survive in the market.

They should have sold at the point when the high price, that was greed at there own side,they were to sell when the price was at $19000 to $20000.But I still see no wrong in the market for selling at this point.

They are still at profit if I should say. But that's not a good trading decision. Having bought for $1000 early last year, it would have been cool to have sold off late last year rather now. I see this article as FUD, one of those calculated attempts to keep the market from recovering.

That's true, but unfortunately, there are lots of these "weak hands" out there who FUD sell and keep dragging the price down.

People who bought at 1000$ and sell now are clever. They can still get a profit. The longer they wait, the lower the price. Bitcoin will never rise again

Not have complement for me now time to sale my holding Bitcoin. Because I have bought Bitcoin it is the 2017 last year when price have 15000$.so I have no decision yet selling my Bitcoin asset.but now again I want to buy Bitcoin and can be countinue trading/buy/sale. Basically now it's another opportunity reason to make profitable for me.

the real investors and traders are not usually affected by this simple seemingly FUD. Everytime is always a right time to buy or sell spending on your decision.  So that some people are selling shouldn't be a FUD.  I first knew bitcoin when it was 600$/1btc and since then people have been investing. There is no FUD for this cases.  People will always sell and buy.

Yes, but Bitcoin price fell again under $4k. People are getting scared and FUD just takes over.

The unexpected swift recovery of BTC has allowed the dominant cryptocurrency to avoid what potentially could have been a large drop to the lower range of $3,300 to $3,600.

Where is the Market Heading to?
Prior to the abrupt recovery of Bitcoin to $4,000, technical analysts said that the momentum of the asset was severely weak at $3,800.

“I don’t see any reason to be bullish on BTC at this level. Not that this won’t pump to test resistance $3,930 or higher, but longing here is a gamble I’m not interested in,” The Crypto Dog said on Monday.
https://www.ccn.com/bitcoin-price-crucially-recovers-from-3700-can-4000-hold-in-short-term/

Those who bought for $ 1000 could sell for a long time at 18,000. And if they did not sell then, then now they will definitely not sell. We are waiting for the rally.

I think it is likely that Bitcoin will drop to $ 1,000. A little more than a month is left before the launch of BAKKT, and this platform will need a lot of bitcoins. For this, for the remaining time they will lower the bitcoin price. Today 6,662 bitcoins, or nearly $ 257 million, have been withdrawn from one of the long-time inoperative bitcoin wallets. I think we can expect another drop in the near future.

Bitcoin $3.4k today, could it even go under $3k? This might initiate some more sell-off..?

the first time I bought bitcoin exactly at the price of $ 1000 in early January 2017, but the bitcoin that I had was mostly sold because I made short-term trading to get a faster profit at that time and until now I only have a little bitcoin but fortunately I have very satisfied because I can buy valuables from the results of bitcoin trading

For the update, the price now is at $3700 and it is staying at that price for some time now.

It is the first time I've checked the price again this year and I am a bit surprised since the price is not moving at that price proving that the it is stabilizing. I don't know what is happening but it is really surprising that the price of Bitcoin is staying at one price even if it is just a several days. Bitcoin might be  really stabilizing and I don't know what will happen in the next weeks or months.

To be honest, I don't care about the news and articles because that are information for the masses and maybe a way for the investors to panic. If this is true then those people who bought Bitcoin at $1000 at a stupid idiot because they only started gaining profit when Bitcoin is at its lowest prices. Why they didn't sell at its peak? Complete nonsense article

Well....I don't think that those that bought bitcoin at $1000 then last year or so still hodl till now to the extent of just selling now. Am very sure they must have sell before now when the price was even around $5000k+ and not just selling now.

It is possible that these articles are just someone's thoughts or guesses, which he decided to share with everyone. I have not paid attention to such statements and forecasts of various analysts for a long time. Personally, I’m not going to sell cryptocurrency right now. I am ready to keep cryptocurrencies for 2-3 years, and even 5 years. Because I see a prospect in cryptocurrency. If you see a prospect in cryptocurrency, then you just need to wait until growth begins. If you are a speculator, then of course you should have a different strategy.

Exactly, this is just another FUD to spread fear among bitcoin holders. So common sense will tell us that it's not the case, doesn't makes sense to sell at this point and I think they are what we call strong hands. They might have regret not selling on top, but I'm sure they are not stupid to sell at low either.

Just FUD from someone who is looking to buy up some more at a lower price. No way it will drop to $1000 as there are too many buyers at $3000. Only if all the miners suddenly give up will the price drop to that level

Do not let anyone deceive you. We are all here to learn lesson and this is one of the important one we will all learn from.I have heard a lot of comment about Crypto of thing (CoT) and when you check background info about this people making such info, they have no deep knowledge about the crypto. all what they want to see is crypto going down. This is a pure FUD. everyday people sell and buy crypto and for someone to make this statement it means it doesnt know what he is saying. if the people that buy at $1000 are selling, they make gain and if they keep their coin, they have not lose anything because bitcoin is still well above $1000 and I do not think we shall see bitcoin go below $1000 again.

“Number one rule of Wall Street. Nobody, I don’t care if you’re Warren Buffett or if you’re Jimmy Buffett, nobody knows if a stock is gonna go up, down, sideways or in fucking circles, least of all stock brokers, right?”

Same applies to Bitcoin...

I think most people have already sold bitcoin which bought it at a price of $ 1000 per coin. Most likely it is sold by people who bought it more expensive and can not withstand the drawdown. Most people now think how to buy it at a good price but no one knows what the price for it is favorable. Now bitcoin has stabilized and there are only two scenarios: up or down.

Yeah, I agree. It is difficult to predict the market at this moment. However, I think many people who bought Bitcoin at $ 1000 (or around this price) have already sold during the last month, when the price seemed to go below $ 3000.

I agree, why would anyone who bought bitcoin in 2017 be selling now, of all times?
December 2017 would have been a good time to sell, or even in january 2018 when
bitcoin started its correction, but not when bitcoin has reached its lowest value.

I am on this 2017 bracket, i bought my first btc at $1000. Now is the time to buy.

The article is just FUD spreading.

I dont believe CNN or any press like this becouse they never do anything without their profit.

This assumption is baseless and not very smart. Many of those who bought at 6 or 5 thousand did not sell because they didn't want to acknowledge a loss. Why would people who bought at 1000 suddenly become so scared. If I had a 1000 dollar bitcoin I wouldn't sell at 2 or 3 thousand because I'm a believer and I'd do anything to get more fiat to buy, even if I had to borrow.

This is logical, because people bought it in order to make a profit. And if now it has grown, then it makes sense to sell it. But many of them still hold bitcoin and I think they are doing the right thing. Now is not the time to sell.

the last time I bought bitcoin in 2018 at a price of 4000 $. With the market situation down, I still decided to continue to hold bitcoin. facing the market going down I remained calm and did not panic. I think waiting for prices to rise is the right choice so sales get profit.

Its up for the holder to holder or not but for me i will holding it as i buy it at 4.5k. Im still feeling positive about bitcoin in this year. Rather to pick lose its more better to wait the price to grow up. Hope this fud will goes away and another bull will be coming again soon.

Agree with you that i wonder why they are missed good opportunities to sold when bitcoin reach to $19k and why they are have to wait until bitcoin price cheap such as now and i think we should not care for upcoming FUD and even if supposse can we have to avoid it because currently there are so many false news about crypto and seems they are attempts to kill crypto

because it is a very old article on a very old topic :D
the shitty news site called CCN published this during the time when bitcoin price was very stable and absolutely nothing else was happening in the scene so they didn't have any other "news" to post. a news site has to publish some bullshit every day or they will go under. to do that they were publishing all kinds of crap during that time.

Whether true or not, this news will create panic in the market. Indeed, those who buy at a price of $ 1000 have already made a lot of profits even though they are only selling now and at least they have a 4x profit.

The first time I bought bitcoin was mid 2017 and still holds a small portion now.

Anyone who has bitcoin that they bought more than $1k has a high chance of selling their own. I think CNN is really a paid network because this is like telling indirectly to all holders who bought higher than that are going to get rekt so they better be fast and sell it before everyone does.

As most of the news, this is also a fud news and not have any real reason to be accepted as a true news. Why would those who bought at 1000$ will sell now at 3800$ ? They could have sell it at 19000$ or 15000$ and in worst cases 10,000$. There is no point in waiting for btc to fall so much and then sell at so low profits.

got my first Bitcoin ar around 300-400$ and the last at around 1000 $ and still  holding them .
But i also dont need them i never invested all into BTC only that what i can easy lose .


regards

it seems like it's only rumors because if they sell it at the current price it's already too late because they should be able to sell it when the price is at $ 19k which happened at the end of 2017, because if they sell it in this condition then what they get is only little profit.

And why they didn't selling at the end of year 2017 ? Sometime we need to selling before the chance gone.
Greed is one of the factors to losing a good opportunity to sell. If we are already gain much profit, just careful when we want to gain more profit because it could be the last chance to gain such profit in that year.

Greed.. at the end of 2017 it was so nice and people were believing it is going higher and higher.. now we are here  :)

We have a strange feeling that it is an opposite signal - to buy not sell.

Completely agree, it will be very weird to think that people that have held their coins for so long are selling now when the market will not give to them as much profits, so there are only two possible conclusions either those people are not very smart and just bought bitcoin at the right time just by luck or the ones that are creating these kind of news are lying to us and are trying to pass rumours as something that is true and to me it is very easy to see which one is the one that is most likely true.

So do not fall for the tricks the media is trying to play on you, they are just trying to make us sell our coins and then get those coins for themselves.

Rumor or not , it will only depend on the people if he will sell . they might sell because they badly need the cash and you wont mind the value at all because what more important to you is your self .

If its true that people who bought btc at 1000usd   , they did actually earn alot of profit even on the current value of btc .
They maybe not active on the year where btc pump . thats why they missed the boat  .  or they only sell some of percent because they will continue to hodl  .

I think the only thing is that these people are disappointed in the cryptocurrency and massively sell their coins. But this does not mean that it is the right decision. We just need to be patient and not sell coins at such a low price. With bitcoin you can earn a lot more.

Perhaps these people, seeing the unstable situation of bitcoin, do not dare to risk and continue to hold it, and sell, is content with small earnings. That's also good. Such investors have always been and will be.

I find this ridiculous when Bitcoin reaches a higher price in 2017 why no one sells it? I believe many investors buy Bitcoin at the rate of $ 1000 sold when it arrives the rate of $ 10,000 - $ 15,000 in 2017. I think this is just an article trying to create the FUD effect in the market to be able to Buy Bitcoin at a lower price.

Even though these people sold their coins at such a low market position, they still made good money. But if they decide to sell bitcoin now-it's their choice. Perhaps they do not trust bitcoin too much and decided to sell it just in case, until it fell even lower.

In principle, it is not surprising because if you bought bitcoin for $ 1000, even if you sell it at such a low market position - you will still earn. But I would advise these people to wait a little longer. Bitcoin has a great potential and the price will grow, which means you can earn a lot more.

I bought it from the price of $2000 and still hodling because i believe the prospect that would bring of bitcoin if i still keep hodling the negative of that is the time or when i still hodl of my bitcoin assets.

I think for every investor there is a certain point that they have for selling. the $3-4k mark could have easily been the breaking point for a lot of them. Thus the decision to sell now.

I've even sold it when the price touched $ 15,000, if they sell at this time when the price of $ 3,000 feels like kissing the ex-lover's ass, so I think holding it better won't even be possible to touch back on their purchase price of $ 1000

But it does not make sense, if they bought when the price was 1000 then why sell when the price has reached its lowest point, why not sell at 10000 for example and get 10 times the money they invested or why not sell at 5000? Once you begin to really think about it you will understand that it does not make a lot of sense for people like that to sell their coins, because it is going to be almost impossible for them to get losses since the price is not going to touch those prices again.

I do not see how those news can be true, to me this is just the media doing what the media does, creating fake news to try to attract people to visit their websites.

I know their feelings so they sell their assets at the current price because they see the price of bitcoin that always falls to make traders who buy bitcoin when the price of $ 1000 sells first because they are afraid if they can not make a profit.

It is just a fake website which chunk out news without any authenticity and never follow those fake media outlets, as you mentioned it does not make any sense for investors to sell when the market is low when they could have earned a good profit when the price of bitcoin touched an all time high and when the market fell everyone usually book their profits and wait for the market to settle down and no one will sell when the market bottoms. 

This means that the holders of cryptocurrency lose confidence in the possibility of further growth in the price of Bitcoin. It’s very silly to sell bitcoin when it has now dropped to a very low price. People may have various problems with money and therefore they are partially forced to cash in Bitcoins at any existing price. I do not really believe that they just began to massively sell bitcoins because they do not believe in their further growth.

Honestly, as long as I know Bitcoin, I never read news stories that contain FUD, of course it will damage all market prices, making everyone panic, by reading news like that, I am very confident that 1000 $ bitcoin buyers have investment experience and insight that's enough that they won't sell it this year ...

I do not think that people in November last year massively sold their bitcoins. If it was, then due to some life circumstances, when urgently needed cash. It was foolish to sell bitcoins of several thousand dollars, when more recently, everyone saw its price of about $ 20,000. This is really written as news, just to write something. Today we see that bitcoin is the opposite; people buy, and whales also buy them. This means that the growth of the cryptocurrency market will begin soon.

We really know who did really sell their bitcoin last November, the people behind the BCH SV to finance their hash war with BCH.

But for early adopters who get it at $1k, doesn't make sense to dump it around November. They are smarter than an average investors so I don't think that they are so stupid to sell their stash even with the price goes to $3k. Those who sell are those who did believed this FUD along the way. There are a lot of investors who still has confidence in bitcoin so I doubt they really sell.

The fact that still there are some people that care about and follow these websites that literally making money by creating fuds and shit really boggles my mind...

How do they know that they started selling?, There are some archival data on internet regarding these kind of information that I don't know about ?

Just do yourself a favor and stop caring about these shitty made up news that are based on absolutely nothing and focus on just following the trend if you are a trader or invested in crptocurrency and put a stop loss on your every bought token/coin to avoid losses when/if market goes for another downtrend.

The problem is people aren't willing to hold through all the dips especially new investors.  Past charts tell us is all you have to do is hold and it pays off greatly in the end.  Bitcoin hitting 20k from current prices is a 5x return on investment which is spectacular compared to normal investments.

It is obvious that Bitcoin was way overhyped at the past. Every media talked about it and now many of newbie investors lost much money and got disappointed in cryptocurrencies. Cryptos won't probably get their trust back.
So why BTC should grow to 20k again? And don't count on your blind faith that it was like that in the past.

Actually this article true or not, but if anyone who bought bitcoin in $1000 and they are starting to sell their bitcoin, so i don't think that it is a bad thing, they have a triple profit on it and it is their choice to buy or sell.
About me, I bought bitcoin less than $1000 but i hold it for 3 years and i have seen when bitcoin was $18000, and i lost that chance that's why i will till hold when bitcoin come again at $18000 and on it, i don't feel panic.

At all times there must be selling and buying of a coin to ensure and boost its liquidity. When  people selling at a time and others are buying dosent mean they are those that bought at low price. Moreso anyone can sell his/her bitcoin at will without any rule of when to sell or not. So it dosent matter whether people who bought bitcoin at 1000$ are selling or not , what matters is there is continuous trading actions.

Ok that was pretty smart of you to do so, that is very impressive.

I would like to surround myself with people who is able to tell this kind of things to learn from them and i would help if they need anything reasonable on the future.

When you are in a bad environment, then you notice the huge importance of having smart friends. Not that easy to find.

There will always be a continuous trading actions buddy because bitcoin is yet to reach global adoption and more people are still interested in buying some but the fact that some people who buy during the time of $1K price are now selling is not something good because it will affect the market surge in price this was the concern of the community.

Me too I would like to know where they got this information. Do they hold some kind of list public wallets of those who bought at $1000?


For me, I started joining campaigns here at that time. I didn't have the money back then. When I had some I bought but sold some near ath. I have some left on my wallet trying to hold them longer.

Of course reasonable investors buy at such moments when the market panics and sell when everyone starts to buy and believe in eternal growth, I think such moments need to be able to catch , and now the market is such a time!

The first time that I bought bitcoin cost 700k php per bitcoin last march 2017. And when the time that price will rise up to million pesos per bitcoin I already encash it.  Now I have a some small amountband I dont have any plan to encash it and I want to hold it. I know it is not practical because itvis too risky when you based on bitcoin's value today but I am hoping and waiting for the million pesos value per btc before I encash it.

People who bought when the price was around $1000 intending to sell by the present market is no long a big thing. In my view most of these were the people who missed the opportunity to sell at the peak and buy back when the price drops low. In this way this is not gonna make a big impact on the market.

It makes no sense for someone to sell at this point when the market is showing signs of recovery, the thread is started last year when the market was bleeding and was showing no signs of recovery  ;), people who missed the opportunity to sell at the peak will not sell at this time, if there is a massive sell off from anywhere there will be an impact in the price movement.

Serious investors wont fall for these stupid claims, just take a look at all the FUD stories, as they will not publish any other detail on how they come to a conclusion but write a detailed story on the subject without giving any valid source of study, just ignore those news and follow the market.

If it's the case of those that bought at $1k and selling at $4k then I see no problem in it. Simply because everyone has their preference in what they want. They might be thinking they made *4 of their investment in selling now which they made not thinking about the sorrow those that sold bitcoin so low some years back are now regretting. I don't see this as an act of FUD but reckless investors who can't see what the future contains.

I am sure they are still holding bitcoin right now because they have passed the highest peak period at the beginning of last year and it is impossible to sell it when prices go down, except selling it for reasons of needing finance in an emergency

I wonder the parameter used in the knowing the time the people selling at a particular time bought their bitcoin. People sell their coin when ever they like.

Yeah me too. It's past panic time now and people are trying to accumulate btc for the possible next run so why sell now when they could easily sold last year. If they haven't sold their btcs back when it was plunging from 10k down to 8k and then to 6k, i don't think they'll consider selling now at sub 4k.

Well if it is true then it us a win win for both of us the buyer and the seller.
They won because they got the profut we won because we bought it at a low price if we are aiming for a long term.
Just believe in BTC and wait till it goes high again .
Maybe the profit that those $1,000 buyer gets right now would be double or even more if we hold their coin for the next couple of years.

I bought btc at $ 3200 and I did not have panic about the news, I wanted to know how many btc they would dispose of, there was still a lot of news spread to disrupt the existence of btc

Of what financial benefit will one sell at this price,although there is gain amount of profit for those who bought at $1000 but it would have been better sold when BTC hits $10000 and above or rather wait for another bull market.

Why do you think so? 2 years ago, Bitcoin costs $ 1,000 today $ 4,000. Show me at least 1 bank that will provide such a huge profit?I think it is not necessary for this reason to panic.Times on 4,000$ someone sold bitcoin the respectively his someone bought at this price.

people who brought btc at the rate of 1000 dollars would have sold at 15000 dollars to 20000 dollars they would have been in profit for 15 times selling at 4000 dollars is also profit but they would have taken action before

Well that's their decision upon their own investments plan. Selling at this time still make them some decent profits but i know they would have wished they should have held unto their bitcoin a little while longer. Maybe they are not aware of the fact that the next halving of bitcoin is just about 8 months away and that would surely bring up an increase in price of bitcoin.

good trading buy coins that go down in price then sell the coins at high prices, if you want to make a profit that many choose to trade in the long run, I usually use long-term trading, now profit is very difficult

People here are not stupid to believed this article because those who bought bitcoin in $1000 surely sells all their bitcoins in the hype of 2017 December

And if theres some who still hold now will never think of the foolish move to sell in this bear becauss they came along to hold for that long and how more if they wait another years to earn alot more

There's no way FUD gonna happen if only a number of people selling their bitcoins, the problem is, most ignorant people always fall with this kind of strategy we're other companies make their moves to make other look bad. they think if they make this news most investors will to their company to invest on some of their cheap coins.

And there is no way that people that's been holding for so long or who bought it cheap are simply going to sell. In the grand scheme, it's really better to just HODL on our bitcoin. There's nothing wrong with it and you are not losing money if you are just going to let it sit in your wallet.

And now as we head to the bullish zone, definitely no one is willing to sell their stash for cheap price.

Believing in any information that you read anywhere is not a good idea, you need to verify it first so you can decide the best action later.
Selling is only part in the market therefore we cannot blame if someone who have bought from 1000$ will start to sell their assets.

They have their own strategy and I am pretty sure that they are not idiot who will blindly sell their assets even they know that the price is still increasing as of the moment. So if someone will sell then I guess they have their own reasons like emergency or any reasons that they will just sell it even they know that they can gain more profit if they will wait a little time.

When I first started collecting crypto-coins, the exchange rate was somewhere around $600 per coin. And till now, I have kept the vast majority of my coins in cold storage. Because in my opinion, Bitcoin is heavily under-priced at current exchange rates. I am ready to hold on for another three or four years before dumping my coins. I haven't heard about this guy (Michael Moro) before. But I don't think that he has an in-depth idea on how crypto-currency works.

Let them sell there are people who will buy it anyway, i think this is just a strategy to make the bitcoin price go down so that they can buy it at lower price. If you are a holder those negative news won't affect you, i am holding till the next bullrun starts.

The best part about bitcoin is that in case it hits it big even a small investment can pay off so much it can become a fortune in a number of years from now.Of course it would be stupid to get loans, sell your property or do anything drastic, but buying some with a small fraction of your savings may be worth it. If it dies, it dies...

Not a big deal. definitely buying little bit more over the time and forgetting about it for a few years. Investing what you can afford to loose there is a key IMO, like in anything else. Might be a chance of a lifetime.

Well, I don't really have the reason to sell right now because I am seeing the improvement of bitcoin since last month. I am proud that I am still holding all of my coins right now in my wallet. That news will just make people buy bitcoin. Those investors selling their btc are not the real investors of bitcoin.

You cannot find any financial institutions that will give that much profit in a short period of time, it is an old article and there is nothing wrong in selling when the price is going down and invest once again when the price touches the bottom and that is how you make profit even if you are holding it for the long time, be smart when it comes to trade and switch positions according to the market situations.

I believe for those who bought even at $4000 are doing well to continue holding.
Because if you bought some at $4200 like myself I look at the price it is currently now being around $5750.
Then anything above $600 of a difference of buying the same amount now as being in the green. ;D
To me it is all relevant when the price continues to soar ike it has been from the being of the month. :)

I think if they bought in $ 1000 and sell now, it may indicate that they are very new in the Bitcoin speculative market, because the potential that is coming is very large, we could talk about that can increase the bitcoin up to $ 50k or more, and is very possible. If they bought at a low price and they did not sell at $ 20K, but if they are selling now, I think it's the big bargain for Investors.

Taking into account that we are in a phase of Accumulation of the market, where it is about buying Bitcoin as cheaply as possible and if they sell it right now, it is not because they know privileged information, they may have other plans or they simply need money for some urgency. Today it was $ 6k, it is in a very good range, some kind of market stabilization can be generated, which can be beneficial, so that a possible liquidity zone is created in case the bears appear. But for now, whoever sells will be bought, because the supply levels increased significantly.

Those who were vulnerable to panic selling has already done that and now most of the coins are being held by serious users. This is clear from the recent bull run, as there was no other major trigger. The supply is getting affected, as those who wanted to sell has no more coins left in their wallets. I think that the next major resistance level is going to come up at $10,000 per coin and that is when some of the medium-term holders are going to sell their coins. If everything goes as per the plan, then $25,000 per coin is possible by 2020.

I think so too because if there are still people seriously considering selling at this point, we should take more time to reach where we are niw. As it stands, most of us are anticipating a big run towards the second half so we're holding. Some are even buying btc in anticipation of a bullrun. People have learned their lessons from past btc movements.

If they sell at that time was good maybe and enough profit for them, but if they wait until now they could get a good way more profit, and maybe they would sell only small part now.

There have always been reports that people who bought at x$ sell at x$. That's nothing new, but I'm surprised that there are always new reports about it, only the prices are different. It's normal that there are always people who collect their profit and sell their Bitcoins. I wouldn't think twice about a report like that.  ;)

Im not selling.