Bitcoin Forum

looking at the topic and other comments around the forum in different places i see everyone is suddenly so helpful to others giving them "valuable financial advice" and telling them to sell your coins while chanting keywords such as
- crash
- bubble
- back to $100
- (haven't yet seen but expect it to start) 2013 bubble and gox

i just wanted to say my gratitude and tell you that i am going to sell my coins just the way i sold them back when price was $200 and you were saying it will dies.
or when i sold them when price was $600 and you were giving me "valuable financial advice" and predicted crash to $200. and the same way that i sold when price went above $1000 and you gave me another "valuable financial advice" and told me price is going to crash to $400 again.

Just got to hodl strong! And have one's own opinion ofc, asking advice from traders, especially on exchanges has to be taken with a big grain of salt.

This post is pretty sarcastic and very funny at the same time. If I were you though I will just do what I want and I will not listen to others because most of the time they are doing the opposite of the advice that they give you and sometimes it is just a fud for them to buy at a lower price don't follow them if you don't want. For me I will just sell when I want too cash out some fiat and rebuy when I think that a certain price is the right point of reentry.

I'm glad I do not have the habit of just hearing one piece of advice. I prefer to listen to advice and do my own research and then I do what I have to do

So each person must follow the news, follow the topics created here, search google and other sources of news and make your own choice and do not come to cry here in the forum because he was deceived

When it comes to trading ~ advice from others isn't even worth a penny. Especially because of the fact that there are people that are giving you wrong information in the hope that you lose.

Most people won't fall for it, but the newer Bitcoiners do. That's why the most important aspect of trading is to do your own research. Even if you guess wrong, eventually you'll learn from every mistake you made previously.

Yes, in trade you have to rely only on yourself and conduct your research. Many specifically create a panic or vice versa.

C'mon...
 What do ya want...he's got Sheldon for an avatar!  ;D ;D ;D :D

Everyone on a forum is going to be hyperbolic.  It's just random people chatting about something that they're passionate about, along with people that are butthurt they sold all their coins ages ago and just want everyone else to hurt (Kwuckduck).

There are also people who say the price is going to go to a million dollars and we'll all be rich, which is equally hyperbolic and unlikely.

All you have to do is look at charts and use your brain (although I don't think I would have handled HODLing when it went as low as $200).

Bazinga


that is what i have been telling everyone for a long time and i just hope some of them listen.
it is not that i never sell or take profit and trade back in, but it is funny to see when price rise is over and we enter correction phase, a lot of people come out and start saying sell after the drop already happened.

although to be fair there are always some good advice in there too that we shouldn't overlook.

I have been always strong with HODL, but I did sell some btc in beginning of the year. But right now I would prefer HODLing, I have no interest in selling anytime soon even of tomorrow price becomes $2000 I probably won't sell. As far as taking advice of this forum is concerned, most of the time you would get good advice but no one here is expect everyone is just expressing their opinion.

With a Sheldon avatar I expect no less
That said I do appreciate that wonderful financial advice let just keep going down the rabbit hole together my comrade.
HODL

Thanks for the honest talk, Sheldon, you are truly the smartest scientist in the group!

I don't know why people try to mess with trading. Why open up risk to be on the wrong side of the transaction if you're ultimately a long-term hold investor? Just use the dips to buy more. And Bitcoin is on a run you focus on saving fiat for your next purchase. OR...if that's too much planning, just buy consistently every paycheck, so your bitcoin cost averaging and never going to miss out on another no-looking back run up to the next support level.

I'd love to see Bitcoin return to $200 to $500 for half a year, it would just be another shopping spree opportunity.

Bitcoin has a greatly increased price than ever before. There is still a chance to increase. I do HODL to look for bigger profits. Trying to take the risk does not hurt to get the best results.

I think this forum is real help. Even if you see charts  etc, still this cannot match the opinion given by people here. Their suggestion and feedback really help in understanding the charts and predictions etc. I always get guidance from here before making any decision whether it be trade or any review about bitcoin site.

The thing is opinions is like assholes and EVERYONE has one. Most of these people have their own opinion about every subject, including the

price and you will never know what the agenda behind that opinion is.  ;) .... I always tell people NOT to invest more than what they can afford to

lose... because I DO NOT have a crystal ball to see what will happen in the future and IF I did I would keep it to myself and go on early pension.  ;D

That's why it called advice because that is only an advice and you have the freedom not to follow it because like I say, it's an advice. What a loopy statement I have.

However, those FUD and negative advices is helpful in our strategy. Why I say it so? To make a good analyzation, we must also look to those negative events and speculations that will also include the troll ones. After we did our own analyzation, we can say that those negative events that is expected are not properly being backed up therefore we can rid of them now and finalize the final decision we will do to our special coins.

one of the crash is coming to happen actually people have noticed that now the price is going to increase so they are creating the rumors and want people to sell the coins at lower price and after that when they buy the bitcoin at lower price they are in believe that the price will again rise up and they will earn the profit from that investment.

Yes you are right their intention is only to reduce the price and to buy some bitcoins at lower price. I will advise to them that you can buy now at this value because in the coming days the price will increase more so you will get your profit.

No one can tell when is the correct time to buy or sell the bitcoins, it is upto the users who wanted to enter the market and how much time can he hold it. I dont save any bitcoin when ever i am in need of fiat currency i just sell it on any price and meet my expenses as i am saving bitcoin for my family expense only.

I guess with the amount of time you spent in the crypto world you should've understood that no one can "certainly" tell you what's gonna happen next.

That's just impossible.
People gather around and everyone says his OWN opinion and in the end it's your responsibility to sell/keep/convert whatever you have.

Come on, it's a Discussion board in the end. If you truly believe in btc then you should hold as much as you can.
If you're into trading and stuff, then you gotta do what you wanna do.

Yes the future of bitcoin is not predictable for the loses while for the profit everyone is sure that the future is of bitcoin and the value will increase up more higher so any person who have some extra money have to invest in bitcoin and when he will need the money he have to spend that bitcoin that will be a good strategy.

Surprised FUD machine isn't cranking up when people are getting antsy at the current price not going anywhere. We're facing significant resistance at 1600 so we aren't going anywhere, but once 1600 is broken we'll easily get to 1700. Just remember to stay vigilant and don't fall for the too common FUD.

Bitcoin is very valuable and has been stated will die or crash when it on the rise to higher price. But, bitcoin seems to be persistent and keep recover after correction happen. People who have spread bad news should be already sell out their bitcoin and afraid cannot buy more bitcoin as the price continue to increase instead of decrease after they sold theirs coin. If bitcoin always going up, why sell yours if you don't need to? Keep calm and wait for another rise.

You'll see when we drop to $200 again! I think some people endured heavy losses back then, they bought @$1200 and price crashed to $200 in a week.

Now is entirely a different story, now we have a great infrastructure in place, now we have billion dollar mining industry, now we have many big investors with billions of dollars invested on services and market or just simply accumulators.

Now we have some people in control somehow, they are the ones stand great loss if anything bad happens to the network, so they will make sure everything runs smooth and stays stable because it's their money and interest.

We're well passed that line of crashing big and hard, unless miners start to kill their machines which is a good thing in fact as it will open some doors for us small miners to earn and mine more coins. I don't see any other way for this system to crash do you?

I think that system wouldn't crash if major miners would stop mining, it would even make system better. Everyone could mine with their computers and earn a bit. So more people would accept it.

i agree. if there were more equal mining capablities it would lead to other less financially able people to earn more btc through mining, and once that happened it would attract alot more newbies to btc because the few newbies that are looking into btc already wouldn't have to go back and tell other potential newbies that btc mining is no longer profitable for average joe. btc will attract a lot more potential newbie users if the average joe starts learning that he doesn't have to have $1m worth of mining equipment to make a profit from it, however its not just the major miners sole fault for btc not currently being profitable to average joe. it also has to do with the price of the equipment that needs to be used in order to gain profits from mining and not just waste all they're money on electricity and equipment costs.

Well these are pessimist people who never have belief in bitcoin and its capacity.  Aside from that others have hidden agenda to get bitcoins away from you in a very cheap price.  I would recommend to study the market, know all the updates and news about bitcoin then decide for yourself.  If you can see bitcoin in more than 10k USD a piece then just hold it until your target price in selling is achieved.

Fortunately this forum is free to share our personal opinions all time, but of course it would be a fool decision to rely on these opinions to make our financial decisions. I have been a trader for more than five years and I have observed that even the most important experts in financial issues use to fail in their predictions because that us the essence of all markets: its high uncertainty and unpredictability.

Bitcoin was going to change the world .
everyone is so helpful today.
different places i see everyone is
suddenly so helpful to others
giving them valuable financial .
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As quoted studying the market scenario and making buying or selling orders is good way gaining the profit than just getting worried by moving on someone's decision and losing the profit. This creates a negative impact and emotional frustration if the person whom suggested gains good profit by playing well at the right time.

there is this thing called "Stop Loss" which is always a good idea to use! or at the very least keep in mind as an option to prevent a big loss like that. we are all investors and are aware of the risks and that 2013 price was clearly a bubble. i mean what did they expect from a $1000 rise in one month (from $200 to $1200). even a child could say it is a bubble.

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now you see what i meant by this topic.
price is @$1700+

i agree. if there were more equal mining capablities it would lead to other less financially able people to earn more btc through mining, and once that happened it would attract alot more newbies to btc because the few newbies that are looking into btc already wouldn't have to go back and tell other potential newbies that btc mining is no longer profitable for average joe. btc will attract a lot more potential newbie users if the average joe starts learning that he doesn't have to have $1m worth of mining equipment to make a profit from it, however its not just the major miners sole fault for btc not currently being profitable to average joe. it also has to do with the price of the equipment that needs to be used in order to gain profits from mining and not just waste all they're money on electricity and equipment costs.