Bitcoin Forum

hi guys today I see this news which some expert says that hold your btc and don't sell.
Here is link check it--- https://cryptonewsreview.com/dont-sell-your-bitcoins-experts-warn/

you should never sell or not-sell your bitcoin based on the bullshit of some people on the internet who call themselves "experts". in 90% of the cases they don't even have any idea what bitcoin is and they are just advertising their services which they make money (as in fiat) from. and in rare cases there may be some actual experts but they don't usually give advice like this!

Guess how many so called "experts" also said that $5000 was the bottom?
Guess how many so called "experts" said that we would have $50,000 at the end of the year?

I'm not saying that you should sell your bitcoin, but "expert" predictions doesn't mean crap. No one knows with 100% certainty where the prices will go. Also, the article seems to be very inaccurate in the first place. Title says "Don’t sell your Bitcoins, experts warn", whereas the tweet of Phillip Nunn shown in the article isn't even related to price.

Of course I would like to believe in the bright future of Bitcoin and hope only for good news. But now the reality is this - many people are just afraid to mess with cryptocurrencies. This situation must change

There are many who says nonsense every time its your investment we should have our view and our research , because of this experts many have lost money they just create panic and nonsense situations 

Only you can decide to sell or hodl your bitcoin. I would recommend you to don't listen anyone but yourself. There are many people who calls theirselves expert but usually their forecasts fails. I used to listen and follow some of the "experts" and i always lost with their idea. So you need to be your own advisor, that would be the best.

I can no longer go by any expert's predictions about bitcoin and other cryptocurrencies. They no longer seem valid to me. We have had numerous failed predictions in the past so it is better for me to use my little understanding in deciding whether to hold or sell my bitcoin or any other cryptocurrency.

No one can predict bitcoin price, it's unpredictable. I prefer like to sell my bitcoin now and buy it again when the price begin to rise again. This is th right time to do opportunity selling, I don't make any decision based on such article. Do my own analysis is better for me.

Even there are some warn some experts if the person want to sell their bitcoin they will really sell it because most of us are scare to lose money. Sometime its hard to believe in some experts simply because it might not happen but still if you believe there is a chance that it might happen.

The article mentiones the tweet of Phillip Nun. If you google him, the same guy predicted that btc will be 60k by the end of 2018! As we see, he most likely made a uge mistake in predictions before, and it's not like he's some top guy in blockchain industry (while even very reputable ones make many mistakes in price predictions), so I don't think any credibility should be given here. I do think it's a positive thing that people at least make positive predictions. Perhaps it will inspire investors to return to the market and this craziness with prices will just stop.

This, most so called experts are only experts because they call themselves that way, they do not really know more than the average person about what the price of any cryptocurrency will do during the next days and weeks, so the only rational thing to do is to come to our own conclusions about what to do now that the market is going down, and my conclusion is to not sell my coins, I respect those that disagree and are selling even if I am not doing the same as them.

And this is because even if I am sure the future of bitcoin is promising many are unable to deal with the huge volatility of the market or had false expectations about the money and the time it will be required from them to get profits.

the main problem is that what you call "expert" in your website which you are apparently advertising here too, are not "experts". you and majority of news sites seek crap on the internet, which can be as random as a comment on Reddit! and then publish it as an "expert analysis" by adding some nonsense to it to make it seem technical.

as for not selling, i'd say that part is too obvious because the time to sell ended a long time ago while the correction was happening (meaning from $20k to $10k and then when the dump happened from $10k to the bottom at $6k). or even if you wanted to sell then you should have sold when the drop initially began from $6k not wait until it is nearly over then sell at the bottom of the reverse bubble!
you don't need an expert to tell you that much...

Just hold your bitcoin that is better because for sure the value will up again maybe that not the right time but there is right time for that. I hope people wake up of what they do which is wrong selling bitcoin because they panic even they lose a lot of money. Holding can result good for you and us.

Expert or not, no matter what they say, person with weak hands will sell once they saw a fall and read an FUD. We can't actually change their mentality if their attitude isn't the same with us. At the end, we are not the one lossing, it's them but I won't deny it's really annoying to see them keep on doing that.

Selling at such low value itself is not a good idea as market is down presently. So one option that is left is holding back and also bitcoin is showing some sign of recovery which should excite the market and might be some upward movement may happen if whales enter the market soon. So hold for the right time to sell it.

I've read the article and just like the old articles that we have read from the beginning of this year, it's just another prediction that next year is going to be good. How many experts we heard who told us that this year is going to be great?

Even there's no expert that would tell me "don't sell your bitcoins" I wouldn't do that. I'm long with this position and I believe with the fundamentals that this market is bringing.

Agree 100% with that and the rest of your post.  In addition, this is from a crypto news site, which means you really shouldn't put much stock in statements like this.  Of course they're going to tell you not to sell.  That would be like Kitco telling people they ought to be dumping all of their gold & silver--it's never going to happen.

However, despite what I just wrote I also agree that now is a bad time to be selling bitcoin.  I happen to agree with the sentiment, but not because of what some media-proclaimed "experts" are saying but because I think the bull market is just taking an extended breather and will resume its upward trajectory.  But that's just my opinion, and my hope, and you shouldn't take that as anything other than some random internet guy's words.

Well everyone will asked you to hold and not to sell, because if you sell now you will lose the profit and you could make the price become lower, all expert prediction now is hard to correct, the market situation is very unstable even with good chart and good sign the price could fall down,so it's a very unpredictable situation

When did we start taking advice from experts anyway? I take all my advice from Senor McAfee. He says $1million Bitcoin, I say sell me all you got.

Meanwhile, day traders been flipping Bitcoin for 10-15% profits almost 4 times these two weeks, so I guess experts don't know what they're doing. All this is just opportunity, so everything is easier if you know what you're doing. If you don't, well, the experts don't either.

Of course, don't sell. Espesially if you bought it with $19000-$6000. Just be patient and wait for growth.

The current market is unexpectedly dump in again so panic sellers are increasing in the market. But we should trying to concentrate in future growth because we have still chance to buy more Bitcoin in this bearish market. Majority of the investors are still holding the funds so future journey is secured.

It doesn't really matter to people what someone thinks about what they should do with their bitcoins or not. Bitcoin is not something that can be predicted beforehand and it can move any way it pleases. In the last 12 months if you check the prices bitcoin has gone from 3-4 thousand dollars to $20k in just 2 months, than dropped from $20k to $6k-$7k in just 6 months and stayed in those prices stagnant for another 6-7 months and right now it has gone from $6k-$7k range to $4k in 15 days.

It means bitcoin can go up, go down, stay same for long periods of time and react very quickly if needed be. Hence, people should do whatever they want, if they want to sell they should, if they think it will go down they should sell and they might be right, they might be wrong as well but it is up to them to decide, noone has future seeing machine yet.

An "expert" talking about crypto is just a guy with an opinion who happens to be in the financial industry. His opinion is no better than your opinion or my opinion, and very possibly worse. Would you take your bitcoin investment advice from some random guy on the street who gave you his opinion? No? Then you shouldn't take advice of any so called "expert" when it comes to crypto. Do your own research.

That said, of course you should never sell your Bitcoin at the bottom of the market, that is literally the worst move you can make. Success in that move requires being lucky to buy in even lower if it drops again. Luck should never be your investment strategy.

these experts are a danger to the crypto world, they have an exaggerated optimism that comes to be annoying:



we will arrive at the end of 2019 and we will not see anything he is saying, remembering that last year the experts said that this was the year of cryptos and because of this I bought when the price was $ 17000 in December last year, I thought which this year would see $ 40,000 per bitcoin, but I learned the lesson when prices began to fall

Why would you buy in Dec 2017 just because people were saying that was the year of cryptos (when it was in fact a huge year for crypto)? I mean plenty of people did buy then, my parents and uncle bought in December. But just saying, you can't blame you buying at the top on someone saying it was a big year for crypto especially when it was a big year for crypto. The faster something goes up the more people buy in until the tipping point, you got caught up in the mania, don't blame it on some random person you heard talking about crypto.

If you know cryptocurrencies then definitely it means you understand how things happen. There's no such thing called an expert because crypto depends on supply and demand. From a simple understanding, definitely you shouldn't sell it when the value is pretty low. Unless, there's a circumstances that there's an emergency and you badly needed the funds.

The price of Bitcoin will definitely reach to that value but we need patience. We have to wait for a few more months to see the price of Bitcoin to that value. In the coming months there are a number of development coming to Bitcoin which will make the price higher as with this many institutions will come to invest in Bitcoin.

Crypto experts are also human that will commit mistakes or errors, I will not decide base on what they said and predicted because I will be responsible on my decisions. I believe that crypto is too volatile to make a prediction and if those predictions are true then most of us are now millionaires.

Also there is nothing like a free lunch.
"experts" shout what they want to happen for them to make a profit.
If an expert has a lot of followers then you get a "self fulfilling proficy". He shouts it will go up, people buy and the price goes up because people are buying.

Anyway make up your own mind and don't follow "experts" like sheep.

It would be wise to sell your coins if you got in really early and want to capitalize your earnings. If you bought bitcoin at anything under 1 thousand dollars it wouldn't be silly to sell right now because that is a lot of profit that you can use. However if you purchased bitcoin over $4k, you can still wait for it to go higher up and make you profits.

It is a bit about what you think the price will do, a bit about how much money you need right now (some people have emergency money needs, I once sold all my coins to pay for a surgery and I do not regret that at all) and a bit about when you get into bitcoin (at what price). Hence, if you really want to sell and you think it would be a wise decision at this point of your life nobody should stop you from doing it.

I fully agree with that statement, because I believe that after the storm there is  a new day to build a new future and dreams, just hold your bitcoin until the price back and earn more by just simple way of holding your bitcoin in your wallet.

Anyone who is even selling right now when they should be buying really want to be on the wrong side of the market when eventually we get to see an uptrend which I believe is looming. Sure, the market could fall lower, and I really will not doubt that, but at the same time, I believe even with that, there is a great opportunity in the market right now to be buying lower, and if much more lower comes, then buy more. You should not be bearish when the market is gradually approaching the bottom, this is a time to start going bullish.

Not all articles can be a guide for us, because there are many articles or news that ultimately only information that is not on target, even predictions can not be our guide, because eventually it will become disappointed if it is not on target.
Yes you are right, I also think that most "experts" are only guessing now, but not 100% correct.
I think it depends on our own thinking, if we feel it is true, then according to their own research. and if it's wrong, there's no need to continue.

They are just chilling out so holders will stay firm while big whales are playing, its really hard to see that you are losing your money with assets that you bought when the bull are running and now that it is the time for bear you have to be emotionless in order not to sell out into panic and losses your money.

If we actually did not want to contribute to the loses then we should stop selling.  Whenever you sold your bitcoin below the purchase price you are making loses including contributing to the falling.  I so much believe in the future of bitcoin and others cryptocurrencies especially those one that has makes great impact in the past. 
If we keep holding there is no way bitcoin will keep falling.  The big buyers and bank wish we should keep selling so their can control the market.  I think we should not feed the whales but nature bitcoin until it grows to the level we wish it should be.

Selling when the market is low is not at all rationale decision unless someone requires money immediately which is different case. Else crypto currency is such that the longer you hold more money you can make it provided you are holding best coins only and not the worthless which will have no value in long term.

Easier said than done for most people. As long as the price goes up or remains relatively stable people have tons of confidence, but as soon as the price starts dropping they snap. It means they are gambling, have invested more money than they should have invested, or they invested with borrowed money. These are flyby "investors" who don't contribute to anything, let them exit.

You'll likely feed the whales anyway, whether you're losing or making money, so there isn't much difference here. Let's be honest, most people are here to make profit and to sell at some point. You even pointed it out yourself by stating that it's better to hold out till the price reaches a level you're happy selling at. Whales are everywhere, you can't avoid them. :)

I absolutely agree that people shouldn't sell their coins, especialy if that way they will only generate more loss.
But on the other hand everyone has a free will and can do whatever wants. There is no guarantee that Bitcoin price will rise soon and no one can't exactly tell in what period this will happen. There are many possibilities including further dump or status quo. That is why everyone has to be aware how much risk can take, how much time can hold investment and what is the final goal to be achieved.

If you compare with back to 2017-2016-2015 and before the speech isn't much different. It's just twisted.

In 2015 we were just happy to see an e-shop accepting BTC payments.
Back in 2016-2017, the specialists were saying Bitcoin will go to the moon
Today in 2018 They say “2019 is going to be amazing and exciting"

Tommy lee can be considered an expert because he founded a top 10 coin, but even his predictions are incorrect. All we can do now is wait it out and see what happens, most likely a pump in 2019

There is a saying in my country. Someone is talking who has a mouth! Mean, mouth is enough for talking. But reliable words come out from clever people. So buy or sell but never trust like this "experts"!!!

Exactly, panic sellers just make a note on it. BTC is a star player in cryptocurrency everyone has bad times just move on and wait for few more months. If you are selling coins in a hurry then you are losing a "pearl". we cannot change the intentions of those who are creating FUD's they born with negative thoughts. Stay confident and wait for you day I am sure it will skyrocket again.

It is better for you to take decisions based on your own judgment than using the opinion of someone else to take your decisions, I say this because that is the only way that you are going to learn, if you follow the opinion of someone else to make financial decisions and that person is mistaken you are going to blame him when the one that is to blame is yourself.

We do not need an expert's opinion to know that after every big price drops the market reaction takes place in the form of price increases. We all know that. The problem is that we do not know when this increases will begin.

I agree with you. Who is the person that is called the expert by the way? People who fail in bitcoin usually are those who listen to this kind of nonsense, stated by unknown that claimed they are experienced a.k.a expert on bitcoin. People indeed need to have their own view according to research, reading, and knowledge. So that people won't get panic easily and lost in the end.

Of course, you have to buy base on your studies and not base to anyone. Don’t depend on those people, to be a good investors you should know how to analyze the market. Bitcoin is indeed a good technology, so if you sold it at a cheaper price you already missed the chance of earning higher profit in the future.

Indeed, there is no expert in this market because of the volatility and they are just using their reputation to influence other people but in reality they cannot predict the exact things that will happen in the future.

Of course, there will always be that new day to come and the market will never remain in one trend forever which is something normal. There will always be time for an uptrend and a time for a downtrend. This is a time for a downtrend and a time I see as the moment to be launching into the market gradually for the long term. Not something I will be missing though. As I am now, I even hope we break lower than $3k towards $1k+ to load my stash in a bigger way than anyone can imagine. If you believe in the future, you would not have a problem.

Not necessary to be an expert to advice people to hold when the price down but the problem is how far these advice will be works because seems people do not too care that when the price fall then they will turn back from hold to sold their bitcoin and the real fact is hold method seems almost impossible to do so because people to fear when see the value of their bitcoin were decreasing

These so called "experts" in cryptocurrency might just making their own opinions so don't easily believe on them or fall prey to their predictions because no one exactly predict what will happen in the future prices of the coins. You should educate yourself on how the cryptocurrency market behave and on what are the factors that influence their prices instead of relying your decision in the predictions of the experts. Cryptocurrencies are said to be unpredictable so not even the experts can assure you of what will be the prices in the future.

I don't see the reason any one will sell his coins after waiting for the price to drop from 10k to 4k. Keep holding and forget about it till about 2 years time and you can come back to see it surge.

Lol. Easy to say dude very hard to practice. Many of us can't afford to wait that long for our assets. And some fuds, if you think about it, are not just some random blabbers but have charts and ta's to back it up.

This is the only way, those that are relying on experts on the markets to make their investments are the ones that lose their money, I have seen this especially when it comes to stocks people love to see television shows that talk about which stocks are the best to buy and many follow their advice not understanding that they are just giving you the name of the stocks that are going up in price at the moment but there is no guarantee that those stocks will go up in value in the future.

Yes the main problem will come now before Christmas when most of people who hold bitcoin and other coins will sell it to get cash money and buy gifts or what they want, or just have money for trips and also for new year. I still hold what i have until bull run at least.

Those people online claiming themselves an expert on the market, well, I don't believe into them. If they are expert why they did not use ton their selves instead, to get a better profit not broadcasting to other people and make believe that they are an expert. If you are really crypto enthusiast don't rely on other people just research your own or instead make them as references.

That is common sense, but people for some reason are unable to see that, those people that are calling themselves experts are experts at selling advice about the markets, they are not real experts on the markets because if they were real experts on the markets they will be trading and investing and making a fortune that way, and since they are not doing that we can assume they are not as good as they claim.

 these so called experts are already investing a lot of cryptos because they know that cryptos will have a good future but they still need our help because they cant buy all cryptos all by them selve's due to the fact that there are millions and billions of supply the crypto does have but we arent forced here .  they did not ever forced us to buy and hodl  and its still up to you whether you will be following their advice or not  because that is still your money and life .

Yes I too believe in cryptocurrency right now it is facing difficulties and I am sure it will bounce back soon. Continuous price fluctuation and manipulation from big whales has disaster the market. Just hodl your coins and wait for few more months If need a good future.

Investors are leaving the market of crypto and only you can decide - to be one of them and to sell your coins by low prices or to be amonhlg of those patient ones who will hold till the bottom will pass and new bullish market will be activated.