Bitcoin Forum

The owner of binance app says he is really sorry for those that sold bitcoin for $77,000 how they wish they had known some persons look at the one month chart why others look at a yearly chart on the increasing price of BTC and it's really interesting how BTC rises and falls in the chart

Pretty obvious the bear trap at $77k was just a move to get people sidelined though.
Why should a coin that keep getting invested billions by institutional players every month going under, doesn't make sense at all other than there's bigger force trying to get people sidelined.
Just as CZ said, bitcoin outperform anything in this market, a person can put their money in bitcoin a year ago, forget it and become rich later.

Honestly I'm loving how everything is going, the rise in Bitcoin Price is heading towards a favourable interest and it's going to be profitable to those that I've held it for long and it'll site be a regretful see session for those that took the opportunity for granted in trying to hold while some that sold at losses are perplexed. This is why it said to understand how the market goes inorder to know when to strike for a better long term results but some others think short term amidst all of this.

As we are indirectly feeling sorry for those who sold their Bitcoin at $77k, in few years to come, we may feel the same sorry for some of us who sold their Bitcoin at $120k-$150k this year.

Bitcoin has proven that increases as time proceeds. You may think that you are selling your Bitcoin at high price, whereby it will increase above that in months or years to come.As we are feeling sorry for those who sold their Bitcoin at $77k, in few years to come, we may feel the same sorry for some of us who sold their Bitcoin at $120k-$150k this year.

Why should we apologize for the act of selling Bitcoin which is basically at the will of the Bitcoin owner himself, so it is a bit strange if the owner of the binance app has to apologize for this action. Even though it was done with the awareness of the Bitcoin owner who basically the exchange does not have to apologize to anyone, because if we refer to the level of regret, there may be more people who have to regret because of something like that when they sold Bitcoin at the beginning of last year (2024).

I guess you mean "hiked" and not "hacked".
And there has been numerous threads here that basically causing arguments because some individuals and entities sold their bitcoins in a lower price referring a current price when the price has surpassed the price rate when they sold their assets but I think it's getting too much of us preying over others investment decisions.
We all have risk levels and since we can't tell about the emotional pressures of others, let's let them do their things but what every enthusiasts should note is that we shouldn't turn back to regret our selling decisions in the future.

Those who have sold at $77k or even earlier feel bad while looking at the price of Bitcoin. But are we going to blame them? no. It's just a reminder that there is more for Bitcoin as we hold longer. And those who sold early at a lower price, I guess with the intensity that CZ is telling them, he wants them to feel guilty about their decisions. It's kind of frustrating if I am one of those because I did sold some early but still holding on. But those who have sold entirely their holdings, they're guilty and they'll have hard time in accumulating again.

If people want to sell their bitcoins at a particular price, then let them do so, it is impossible to have the details about why some people sell their coins, except they tell you, it could be that some of them who sold at that price have been hodling for a very long time, and that price was their target, so they sold.

That said, it is easy for me to hodl bitcoin, because i have a strong understanding of the network, i can sell for some purpose or spend it if i ever have to, but i leave most of my stash untouched, but everyone does not have to take that approach.

Yes - everyone's investment goals are different, so we don't blame anyone for why they sold at a certain price. Someone who sold at $110K may have been holding bitcoin since it was $10K - they just took a big profit and enjoyed their success after a few years of investing. They can sell whenever they want regardless of the percentage return they made - that's because we know that every investor's goals are different.

I also won't be selling my bitcoins right now - I'm more likely to hold onto them. I still expect this to be the most bullish year I've had since I've held them - but when my targets are met, I'll sell. It's all about targets for each individual - only time will tell when we'll sell.

Some people had no choice but to sell at the lowest price, typically this would be a leveraged trader or someone who needs dollars fast.   Its part of the market that the forced sellers skew the extremes of pricing too low and also likely too high at times, reading that effect is part of trading well I think.

  Biggest clue should be the volume which is the weight or most accurate section of the pricing but we can move anywhere in some of the quieter periods of trading and BTC has lots of them being 24hr and relying on multiple globally based exchanges.
   BTC is volatile not all of the prices are so accurate, got to include that within the aim when taking a shot is part of what Ive become used to.

Binance does not have to apologize because the mistake is clearly from the owner of the asset itself, I can even say that those who sell at a price of 77k should not be a problem if indeed at that price it has given them a profit but if otherwise it is purely a novice investor who is FOMO/trader but if you look at the credibility of bitcoin, is it possible that there are still FOMO investors? I think there are none or if there are maybe only a small number of investors because if they learn a little about bitcoin they should already know that bitcoin must be stored for the long term.

Feel even sorrier if not very worried for those who would give even a smudge of thought to a guy who settled billions of dollars of litigation and got away with it with white collar jail.

Buy. Hold. Sell as you need, preferably years away from when you bought. No need for apologies.

In my opinion, those who sell bitcoin are selling for their profit. But whether it is 77000 or 100000. After seeing the chart of the Bitcoin Market, a lot about the price revealed that everything was lost for economic problems. As the binance owner says BTC is selling for $77,000. I don't think they are selling BTC in Loss. However, it is true, as long as the price goes on but the bitcoin will continue to rise. That's why there is no reason for regret. And it is not possible for everyone to hold Bitcoin always. From the current price we can see 107k or 108k again soon.

People that sold at $77k were not aware that price will go back to $109k again talk more of going to create a new all time high, that was why they sold to avoid loss, they didn't realize that they will be the people losing at last. It's because of fear, lack of adequate Bitcoin knowledge, investing with funds that they can not hold for a long time and last because they don't want to enter a long term investment, those are the reason I can think of that caused some people to sell so easily. The $77k price was even an opportunity to buy more and not to sell but some people did without knowing that we are not yet in the bearish season.

Those who have short-term Bitcoin investment plans may have sold when Bitcoin made a new ATH or when Bitcoin reached $110k. Those who have successfully sold will hope that the potential bear market will come soon, and they can get back in with a discounted purchase.
I think those who want to get short-term profits are still doing it like that for the current market scheme. Unlike those who hold Bitcoin for the long term, a decline is a good moment to buy and add Bitcoin to their hands. Everyone's way of making a profit from Bitcoin may be different from what we plan.

If they sold at $77k doesn't mean they never believed in Bitcoin to reach our ATH, all investors own the right to sell whenever they feel the need of profits. You will have to say the same for those who will sell during this ATH, least with a price of $150K then in another interval when Bitcoin gets upto $200K and above sets of investors starts selling because of their need, do you say they never believed in Bitcoin to price this high in the future.

Their is always a sell feature when ever we buy Bitcoin, its compulsory that will sell if the need arises, we can't hold for eternity.

There is no need to be sorry about that, and there is no point in regretting it because you did well if you've got some profit out of your investment, even if you had sold at $77k because you didn't know the price was going to go back up again. Did the CEO of Binance know that? No, I bet he didn't, and people only say such things when something has already happened. What if the price had gone to $40k from $77k? What would the same people say then? They would say that those who sold at $77k made the best decision.

So, it's all subjective, and these things don't matter as long as you made a profit, which is the basic purpose behind the investment. The market will keep moving all the time, and it's not possible for you to always time the market perfectly, so making sure that you hit your targets should be the priority and if that's done, don't worry about anything else and let people say whatever they want to say.

Truly, great words regarding the matter: everybody decides for themselves of when and how to utilize their BTCs or to see their profit realized at last.

BTC wouldn't be so good if it only could of been hodled ;)

I don't know why you call CZ the owner of the Binance app. CZ is the founder and longtime CEO of Binance, not just the owner of the Binance app.

In any case, what CZ said is absolutely true. We all feel sorry for those weak people who panicked at $77,000. They must be burning with regret now because they didn't have the experience or patience to hold on to their precious Bitcoin and ultimately reap the rewards of their patience.

This isn't the first time this has happened in all previous cycles. With every correction, there are always weak hands who panicked at a low price and later regret it.

I do presume those who sold will get a second chance to rebuy but it might not be as low as 77k Im not sure.   I do think some kind of low sell off event or attempt occurs and most likely below 100k, alongside some negative news.
  The fact that this future low is very likely not as low is bullish and that is the reason to buy, don't be rigid and keep expecting to get your perfect opportunity.  Time does not repeat but it may rhyme and that is the chance to take.

  A low which is higher then the last big sell is a higher low and thats more bullish for future pricing then the highest peaks are really accurately capable of conveying correctly.

For me, it's just a statement from CZ that reflects a seasoned, almost philosophical take on cryptocurrency investing, emphasizing patience and conviction over reactive trading.
He is just reminding investors that zooming out often reveals out often reveals the real gains, especially in disruptive assets like Bitcoin

The more it's important that everyone of us should speculate the market well, forgetting about what others may say concerning it, what we are able to derive out if it and what the chart gives could go along way, some may compare the previous performances as well, this makes it more important that we consider the fundamentals and technical analysis together towards making predictions, moreover, being a holder is also of a good profits.

I agree with your insight that Bitcoin has a proficient profitable dominance in the market which by historical performance of when it was launched, there have not been any asset or commodity that can be compared to it.

In a reform of what CZ said about those who rushed to sell at $77K, if most of them had entrusted that Bitcoin price would rise breaking out to ATH after ATH to the point getting to the ATH of $112K, most of them would had been patient enough to hold much longer.
But what I would like us to understand in this volatile digital market is that... Every investors investment plans varies so, there should not be a need to blame those selling at a bottom probably a resistance level .

What matters most is if did they sold at profiting price? And if they don't regret their actions. Then we are just wasting our time having them at the back of our memories regretfully. Perhaps we don't know if what strived them to sell maybe something worth than just having the entire 21M Bitcoin.

I have some bitcoins that I bought for under $30k during the 2022 bear market and have not sold them, so far. But if the price of bitcoin suddenly drops to $70k or even $50k, and I need money urgently and have no choice but to sell my bitcoins. I don't think I'm a loser, and I'm not someone who doesn't believe bitcoin will reach a new ATH.


Not all people who sell bitcoin for $50k, $70k are newbies or lack knowledge about bitcoin, sometimes they sell because they have achieved their goals or for other personal reasons.

By the way, many people always say the drop in bitcoin price is an opportunity to buy, but how many people will dare to buy? Would you have bought bitcoin when it dropped to $74k during the last correction? Because that's easier said than done.

Those who sell it are stupid people because they don't see the real price of Bitcoin being traded. The owner of the exchange made an apology not without cause and purpose too. Binance is a large and well-known exchange that already exists, if they apologize to those who sold Bitcoin at $77,000, then that's not enough. They have a lot of Bitcoin, compensate for them.

Those people will learn about their mistakes and, hopefully, not repeat them again, going into the BTC properly and hodling it rightfully too.

It may be a regret, but it's a chance to improve.

Bitcoin has the potentials to keep increasing and reaching more ATH in the future so there is tendency of regrets anytime you sell and price increases significantly. If you decide to sell now, it'll be expected that you should regret if price hits something like $150k so regrets will never stop if you're looking at it from the standpoint of regretting when you sell and it pumps. Everybody have to sell their Bitcoin sometime and it won't mean that it cannot pump again after doing so, I think that if you have a need to sell do so it's your money. Bitcoin is a store of value so only sell if you must otherwise continue to hold because it will continue to be profitable on the long term.

If he looked at the other side of the coin he should be happy fpr binance users who bought those bitcoin at $77,000.
Jokes aside his statements don't make much sense : maybe those people bought bitcoin at a way lower price and they are very happy with their profit or many other hypothesis can be made. The purpose of an exchange is to facilitate coins changing hands and they are frankly happy people do that regardless the prices they do it at.

I'm sure he does but there is no need to publicize it because, you know, that can make him look like he is only after the profit, although many of us are also happy when adoption happens not only because of profit but this is like an achievement for BTC and to our community.

Even if they buy lower but if they follow the advice of CZ, then they can earn extra profits, although I think luck have also played a role there because there are also times that analysing in charts can still make us to have a wrong prediction. Anyways, maybe some also sell because they urgently need money. Yes, exchange owner are happy when more people make trades because these people pay fees but CZ is an example there that not all of them only cares for the money, which is heart warming.

The current price of Bitcoin and the popularity of Bitcoin, which people tend to hold, can probably tell what kind of situation Bitcoin will be in the future. They have enough skills in predicting the future of the market and analyzing charts, due to which they can easily understand what the market will look like. However, from the current position of Bitcoin, we have an idea that it is not right to sell Bitcoin at this time or if it falls below this and drops to $ 70,000, Bitcoin should not be sold because Bitcoin will definitely increase. What is the current status of Bitcoin? If there is dumping, then it is definitely necessary to buy, not sell, because the market will definitely increase today or tomorrow.

Share the link to the claim that this statement is coming from the owner of binance as you claimed, although while the thread is suspicious, its worthy of note that we have to clarify our stand based on that statement of wether those that sold they bitcoin at $77,000 sold at a lose.


But fact is that, if they have left their Bitcoin untouched, they will be in profits by now, much more than how much they sold they bitcoin.

It’s all interesting seeing how Bitcoin is rising against all odds and making some positive impacts in the whole cryptocurrency market. Those that doubted its dominance and never expected for it to have come this far will be surprised now, those that sold early will also regret it now. One thing people fail to understand about bitcoin is that, once you’ve hodl on to Bitcoin, don’t allow any external pressure or though make you to make indecisive conclusions to take actions on your savings yet, 99% of such indecision leads to selling at a loss.

Just have in mind and show a strong believe that what you’ve invested in will grow overtime while it will experience a lot of back logs but will eventually reaches its full potential of why you invested in it initially. Any drawbacks and challenges to be faced by Bitcoin along the way, the ultimacy is that it will reach your target to sell one day which is what you should be looking up to and not all this that will distract one into panic sell.

What do we expect, the rate at which it has been moving one shouldn’t be surprise because am not.
Bitcoin is the fastest growing cryptocurrency right now in the world and that’s because it has worked it’s way up there
Those who thinks it was never going to reach this level am sorry for them

Some people have limited knowledge and risk taking. When they can no longer bear the risk that occurs in the future, then what happens is that they will take safe steps to continue to make a profit. When they sell everything, their investment period is over. If they want to invest again, then what happens is planning a new investment period.
Those who regret selling too early, now they be waiting for Bitcoin to go down.

Actually its just that an ordinary day as we do all know yet this is how this market works or behaves on which it do goes up and at the same time it could possibly go down. There's always those words about having those regrets that they should have bought on a specific $xxxx price and if they do able to do that then they are making up some profits now as the price had already that been able to reach up new all time highs. Now that we had made out some new ath's and on the current condition on which there's some rejection and there are talks about having that serious drop, then how people or the community would be taking on this? Positioning yourself will be that always crucial and it depends on a level of knowledge and skills and emotion control of a certain crypto enthusiast or investor. Price is always volatile and its impossible that you cant be able to spot out when it comes into its potential speaking about price increase or profitability.

The only enemy that you could be able to have on here is about into your emotions on which you should be that versatile on whatever the price would be able to hit up. Act accordingly on which you do see yourself be able to benefit out when it comes to possible price movements. Just go with the flow or with the volatility and be wise into the decisions that you are that taking into. Loses are inevitable but it doesnt mean that you do easily quit up. The only key on here is that you should be that investing into the amount that you can afford to lose. Never ever trying out to be that impulsive or ending up on becoming that gambler like mind when it comes to trading or investing.

They’re probably in FOMO now, especially seeing that Bitcoin broke its previous all-time high just last month IIRC.

Those who sold, if they weren’t in it for the long term are likely regretting it. But if they sold for a decent profit, then they still came out as winners.

Even with Bitcoin now over $100K, the possibility of a dump is always there. And that’s what some of them are waiting for, to accumulate again at a lower price and sell for instant profit once it recovers. Because one thing’s for sure, Bitcoin always finds a way to bounce back.

Am sure people that sold bitcoin when the price was still low will end up regretting why they sold their, but that doesn’t mean some of them were not in good profit when they sold their bitcoin. When investing, we are always having target, and when target is reach some will end up selling, people won’t be holding bitcoin for every, and if we all are holding bitcoin, we are going to be making money, but bitcoin is not really serving its purpose yet, bitcoin was created to serve as alternative currency so we are suppose to be transacting with it, and not just holding alone.

Some people bought bitcoin when the price was below $1k so if those people sell their bitcoin at @77k, I don’t think their is anything they should regret about because they have made some good profits already and I don’t see anything bad in selling.

I believe we are going to see a ton of situation changing for this, but CZ went to jail for unrelated reasons, it was due to Binance not following USA law, so it is not like he isn't someone we shouldn't listen to when he says something.

However, if we were to think about bitcoin, I agree that we are going to just keep holding and do a better job of that, if we do that then we are going to make a better return and make a better money from it as well. Most people sell and they regret, so in this case, OP and you are saying the same thing. This is basically just holding money and not selling any, if you do that long enough then you are going to make some money without any issues. You should be getting a better result if you really want to.

It's a pity that most people I've sold in loss and i bet they are regretting their actions now, this situation of change tends to happen overtime which is a more reason one needs to study the market especially go through the chart to see where it's heading to. Yeah often times people take some drastic decisions when they observe a slight change but taking note of this should be ones priority otherwise keep holding.

Maybe what you meant is that it's cyclical. And it's normal though, I mean we once are newbies here, and in 2017, I didn't hold and just sell everytime that there is a dip as I was in panic mode. But after that, yeah, it could that I have regret my decisions and I wasted a lot of money.

But I didn't take it negatively, what I do is learn from my mistakes and then I became to developed that tough mentality to just hold and accumulate and not panic sell. So let that be a lesson for newbies as well, almost everyone has undergone that process, but still though, we will teach you everything we learn so that you won't make the same mistakes that we did before.

The rising and falling patterns found on the charts is a supposed known dynamic for Bitcoin such that it will only look abnormal for it to move in only a particular direction straight.  Understanding these rising and falling moves with a very clear sense of the possibilities that such movement provides and how best to utilise it, gives you a better chance at making profits amidst the up and down movement found on the chair.

Even the current price of Bitcoin will be exceeded some day, so now is the best time to venture into it if you want to because in the near future, most likely it will exceed this even far beyond the current and you will be need even more resources by the to be able to accumulate Bitcoin.

We would really see more of the price hike taking Bitcoin to another phase but mostly to holders this is a period to hold on tight because selling at this point would be a great loss. Patience is needed at every chance cause we are battling with Bitcoin volatility and hence there would be more alterations of the price. I think we are hitting towards the bullish season we just need to stack up and keep holding.

Most people are scared about the entry price when they should be thinking more of the destination really.  If you are on a short term trade then sure the by price matters but so long as the money you have is actually spare not just future bill money you already owe in a few months then you should shift focus to the correct long term.




We're always battling volatility, that is the nature of the beast.   Too bad but you got to take the negatives with the positives and thats why longer term perspective is useful.   Buying at 100k and price dips to 90 or even 80k does not matter in weeks or months, the real decision is to retain the BTC for a year or more.   Ideally using the BTC means you always have some in a wallet and gain even incidentally.

He might be sorry for them but people have their own target goals in bitcoin investment and if they feel that is the right time for them to sell, they should do that without allowing the talks of the outsiders ruin their plan. The Bitcoin market is full of speculations but how you’re able to make good decisions when they’re most needed is what puts you in the best position to reap the benefits of your investment.

Base on history, the bitcoin market will continue to go uptrend in price and the demand for it will push the price further, which is what we have seen in the market when it crossed $100K earlier this year. There is no doubt how bitcoin will continue to rise at every bull run but it continues to give opportunity to others to invest also as it continues to go bearish before coming back in bullish form at every bull cycle.

Bitcoin price is definitely going to rise but the question is when will the price start to rise, as the current geopolitical situation is not good for Bitcoin growth.

Additionally, bitcoin is still trading above $100k and those who bought it below $100k are still making profits. Therefore, whether to take profit or continue to accumulate will depend on the buying position as well as the goals of each investor, not everyone buys bitcoin at a price above $100k.


We have been in bull season since 2024, and it is considered the longest bull season.