Bitcoin Forum

One news about Mt Gox that would not really change price all that much if it was true and they chicken out and sell. Well maybe that is good riddance. I hope they don't come back ;D don't be one of them!

I do not know what weak hands are doing here, i mean if you do not really believe or support this blockchain tech and the crypto coins then you should not invest here, secondly i think most of these guys have a criminal mindset where they try to flip and gamble and try to sell on each negative news to buy back lower but we all know this game can be very risky.

MT.GOX only moves their bitcoin but almost all cryptocurrencies are bloody, this is the fact that market psychology is easily affected by FUD
Let weak hands sell their crypto this is an opportunity for us to buy at cheap prices

True. We need strong market.

The thing is, we do need the weak hands to actually sell off their coins and get out of the market so that when the prices do start to recover, they will recover stronger without the fear of the weak hands starting to sell off and ruining the prices for everyone else. If you know you cannot hold then the market isn't for you and you should not be investing any of your money into the cryptocurrency market.

From this we are better off and we can buy up their investments at a lower price. The main thing is that these people do not become scammers in this sphere and do not deceive honest  investors.

That's true! We have to be patient and not be a weak hand. We must try to hold the coins and sell it when the right moment comes.

I would not even contact this exchange with these people, because they have already been told a lot of bad things, today there are a lot of alternative options, why should they go there at all?

Yes, those weak hands shouldn’t invest on the market because when the price starts to rise they sell off and ruin the price of everyone. If you think you cannot hold then this market is not for you and you shouldn’t invest your money in bitcoins.

In order to survive in this line of business market you need to endure and learn it's nature. Crypto world market price stability is not stable in order to survive longer holding is the best thing to learn. Those who are weak easily give up but those who are strong holds on.

Mt gox is really shit man. How people will go to invest to him. I do not find the notion price grows when the Mt gox fucks the market at 2013. If again goes to invest to him then again we see the marketplace value for each coins will be go to cheap value.
If you see any negative news about crypto currency you please ignore all those news and posts at here.

If the news of Mtgox will contain the next liquidity of mtgox's bitcoin to the exchange site and that will be changing every minds in the market. But i heard mtgox trustee was thinking another way to sell the rest to the various way to avoid the possibility to make market will be getting another crash. It depends on how important that news to the crypto.

The Mt Gox news sounds to me just a pseudo justification found to explain the downwards movement. However if you look at the charts it was about time for a small correction after the bounce back from (almost) $5k to $10k. The real question now is whether the old lows will be held or if we'll go deeper....

Those weak hands are newbie in cryptocurrency they don't have patience, well it's their losses. Those who hold and have patience will be rich in the future.

I agree with you, mt gox selling is not huge but with speculation and other effects, that snowballs. Traders also cause this fall not only weak hands.

If anyone don't wanna be a panic seller, i think they should stay away from cryptocurrency news :)). Of course there are both good and bad news but the number of bad news is much higher than good and it's the reason why there are a lot of panic sellers appear after a bad news released. LOL.

Thought it had more to do with South Korean investigation into Bithumb and Upbit rather than Mt.Gox sell-offs. Money laundering allegations and compliance checks are heavy stuff.

Weak hands has no room in this market, don't came here if you will just let your emotion takes yourself. Your decision must be base on your pure research, FUD news may gives you nothing in the long run.


Yeah, only those who keeps on believing in the power of this technology will become more successful in the future. Don't be a guy who came here within a day and left the market the next day.

Weak hands create perfect opportunities to buy some more, so let them have their moments of panic attacks  :D

I like They selling all the bitcoins owned by them like this from time time. We don't want to see super whales for Bitcoin. Once these weak hand whale leave the arena , We going to see a wonderful bull run by the Bitcoin.

Whenever Mt Gox coins get moved even though there is no proof of them actually dumping it on the market, the entire market is thrown into panic mode. And it's not just Mt Gox - all sorts of news, relevant or not, get people into panic selling mode.

Obviously, that's not what you want. Because selling at low prices is the exact opposite you want to do.

This dump is probably not triggered by the Mt Gox rumors alone, though. The $10k resistance proved to but too much for BTC to go through, but the same principle applies - don't panic sell in a dump, it's just not a good strategy.

Yes the news of Mt Gox is bit frightening.  But no issue. I think market can not be control by a single person.  So if it face some crisis, it will recover. Though we all should be aware of those limited weak hands.

I would like your words to be true, but nevertheless a huge amount of Bitcoin on the market, it's still an increase in the Offer, which Demand does not cope with.

everything will depend only on the users and investors themselves. If we show interest and will invest our funds in Bitcoin without caring about the current state of things on the market, then this is definitely to improve the situation in the near future.

Too many weak hands in the space. Its like people think everything is going to zero which is impossible. Even bitconnect still has volume lol

Just let them be on selling of into their holdings but regarding into that News about Mtgox selling off then it will really affect the price considering into those numbers of bitcoins into its possession. Telling yourself not to be included into those weak hands wont really be that easy which theres always a tendency that you will able to feel the panic and doubts either you would hold or sell into those times.

If you are a day trader and never seem to be making money, I suggest pick a few very good coins that will moon in 2018 and send them off to MEW or ledger or a compatible wallet and forget about it, and leave a bit on an exchange for trading daily, even if you lose on day trading come back in 6 months to a year and check your MEW or ledger and you will be in for a surprise.

Keeping everything on an exchange is not only not safe but you are tempted to buy pumps with all your money and lose even more money when it dumps.

Saying this suggestion to help me out as well as others who are addicted to checking Binance or Bittrex every 5 min for the next pump.

Even though we think that this is not good but it also give benefits to us who have enough money  in the pocket to buy their coins in cheap. Actually, dumpers are just spoiling out crypto and they don't give anything good for the development. But then, we can't force them to stop their doings and maybe the best thing we can do is that just letting them go.

weak hands impatient and acting out of fear of losing, these people have to train themselves with a lot of reading books and studying the psychology of commerce, I sometimes also think these weak hands are deliberately destroying the market, this is just my guess.

Eww soft lil weak pussie hands Gross

I think that those who only cry when rates go down are making bad impact on crypt and other participants.

The main point here be strong whatever the bad news happen and dont fall for false news. Yes those weak hands actually will feel regret for selling theirs in this situation of down price. They may contributes for fall down in the larket but still there are many who believes on bitcoin future.

I thought Mt Gox are not allowed to sell more bitcoin until september ? I don't understand why would people be scare of it when we are still in may

People started panic selling when mt. gox fails and file a bankruptcy we can't blame those people because they are just affected by the fud and the panic of getting all of their profits to be loss.

I guess there are not that many weak hands left after all the stories and past performances, it could be the case earlier, now everyone is trying to re-buy somewhere lower. I am not the one like that, but holding is boring.

I know some members in here are still in doubts about crypto, that's why they immediately sell their coins once they heard some bad news  against crypto. We can't force them anyway to stop their doings and gain some trust into crypto, but only we shall give them time to realize what is good and the possible result of having such weak hands.

It has been part of the history and until now this hasn't been settled since the incident looks like a staged one.

To those that has weak hands you better teach yourselves on how to be calm so that one day you'll learn from that weakness and you can stand better.

This isn't the way to trade.

However perhaps we are arguing in the wrong way or even putting extremist views. In my opinion we should be cautious and humble when diagnosing or commenting on weak hands, this concept is quite relative and does not cling to the fact of having small amounts or even being desperate for a trade. In short, there are precise concepts about weak hand and one of them is lack of true knowledge of what is happening and the lack of knowing where exactly the crypto world goes and this can be considered weak hand.

Yes, as the saying goes "Patience is virtue". For me, in the world of BTC we must not think negatively. People feel weak because they don't really endure the volatility of BTC.

Yeah I also think that the current market is shaking out the most noobs that are still scared. It could take a while before we finally shaked out all weak hands. But I am sure that we will go up as soon as the bottom dumpers are gone :D

I believe weak hands can become stronger if only they are determined and patient enough and not jumping around looking for quick money. The thing is, nothing good comes easy so in crypto, they need to pay attentive to the flow of market and not make decisions so quickly as you cannot predict the future of your coin.

Keep, don't sell.  Now very low price for ETH . It should cost at least 1000 $. I'd wait for the end of the year if I were you. I hope it will cost around 2000 or 4000 $.

Those investors with weak hands will always be part of the market and the cycle will go on and on. Everytime Gox dumps their holdings, or some whales sold theirs, panic sellers will follow. They either sell before the free fall and buy back when it hits the bottom, or sell due to their emotions. Who knows, this could be the strategy of big corporations to discreetly buy cheap and sell high when the public joins the hype.

I agree with you. If there are no weaklings in the market of crypto currency, then at the expense of whom then it will be possible to get rich? If the "hamsters" disappear, then the "whales" will designate us as hamsters!

But their other stash of bitcoin has already been sold last year till this February or March, that's one of the reasons why the price crash not mentioning the holidays and other simultaneous events that happen this opening quarter and Fuds, they are saying the trustee has been entered the mode of panic selling that's why he dumps, 20k ATH triggering to dump? they have tons of excuses and reasoning why he dumps it, why did he move the bitcoins away from that wallet? I thought they are under investigation or something?

When mt gox moves their wallets it is an excuse for whales to manipulate the market. In fact mt gox is a whale so they could be doing it too. All their bitcoins are sold UTC now so it won't have any impact on the market price, it is in their best interests to keep it high.

I had read article about two factors caused market falling recently. One factor is Gox. But I still believe market is temporary depressed. there are new exchanges created, because the market is big and still has bright future.

weak hands is a part from the movement of price
and without the weak hands i can't get a better buy price mate
but, as you said don't be a part of the weak hands  ;)

Weak hands are trying to do one thing and one thing only and that is to earn money in the short term, they do not have the patience or even more importantly the knowledge and the faith in bitcoin that we have, so they will never be able to hold for long term the same way we do and when some bad news begins to surf ace then they sell in panic not thinking about how much they damage the market, and how much they damage themselves.

It is not at all an easy thing to earn something good while being in the crypto market as it takes a lot of courage and hard work for you to earn something good. You just need to hold your nerves tightly and that you should never make any decision in a hurry or while getting panicked because this will eventually result in loss of money. Relax and take every single step very much wisely.

Reading news about cryptocurrency all the time is not a good idea :)). It's also the main reason why there are so many panic sellers. :).

People often check news about cryptocurrency too frequently so if there are few bad news on the internet, it'll affect a lot to investors and holders and it'll make these guys become weak hands :)). The solution is don't check the cryptocurrency news, don't care about it :))

I am here including one who is always trying, and I do not belong to the weak hand as you speak, in every opportunity that there I as much as possible always follow the news related to crypto, the competition is tight but it is not an obstacle for me to make we are weak, but it is up to how you think about it, here's what I think about it

This crypto market is very much unpredictable and that you can expect anything to happen and that too at any moment. There is no hard and fast rule that whether market will go up or will fall and that you need to be very much careful while dealing with the things as anything can happen in the very next moment. The crypto market is not that much good for now but you need to hope for the best.

Having a very long patience help you to keep things be on hold, as like crypto the more you have patience to hold then whatever the market moves, bad or good then there is still a hope to expect when suddenly the market pumps up then you say "Ah its worth holding this time!"

Every market always have weak and strong hands. During corrections, weak hands puke their positions out near market bottom while  strong hands  are accumulating. Once most weak hands are out and nobody left to sell at these prices, market will move up strongly.

At least TA and FA analyzation will give a clue to use about the market direction, this is no impossible to predict where crypto will be going on so far. There is a lot fo reasons need to be done before try to do anything that involved very high risk just like try to deal with unpredictable market of crypto.

weak hand is always anywhere in altcoin or in bitcoin, with a weak hand will only make the market worse because they are too panicked with things that actually will not necessarily have a bad impact, in fact this problem is within each if you have mentally weak and afraid of loss is better not to enter in trading because someone will only make you greater losses, because someone will never be able to make long-term investment.

Weak hands will never stop to come in, we need them actually. Because they are the beginners that invest their money and exit right awat when the price is dumping but they can learn through their weak hands. I know they will exit easily, I wish for them that they still come back and be stronger this time so they can make money in this cryptoworld.

I think we should not pay attention to all this news, because it's wrong when the price of the token grows only on news.
Nobody wasn't looking at technology or profit of the ICO, everyone was interested only about "news" or "cooperation"and after that price went up, this is fundamentally wrong.
If the market becomes less volatile, then everyone will win, because it's not good when token can go up or do down from 10 to 50 % in one hour.
When market became more adult we will not see such volatility, the price should be more stable, so the company could move foward

That is true. Crypto market is what can make a person rich but at the same time it can turn a person into a poor guy if he fails to deal with it. but a weak person can convert himself into a good investor if he trusts his asset and that is only possible when he will do some research and read different articles written by crypto experts, there is no way he won’t become a rich guy or a successful person. This industry has some amazing assets.

I think if there is bad news overwrite bitcoin sell some of your assets take a moment to find cheap and sell when the price has gone up again

it is not easy to be a trader who can calm and not panic in the face of a market where the coins in it experience a very rapid decline, and of course when the price of coins dropped quickly and accompanied by panicnya many people, the price will worsen, we can learn to be a trader or investor good if we want to succeed ,!

People who can easily abandon the crypto currency and sell it immediately as soon as the price has fallen by a couple of percent is not needed for the crypto currency market. Without such people, the crypto currency will develop faster. Therefore, those who want, sell, no one will not stop you.

At least they can bring more money when they will wanna enter the crypto market next time. Remember those weak hands don't have good mentality. they are getting FUD and move their token to the market instantly and then they are dumping it just in some seconds. they will learn a lot from there.

Obviously, the weak ones panic with a fall in value and they make panic sales. One can only avoid this if you exercise patience during the bleeding times and hogl for the best season