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Just hold more and more bitcoin in your bitcoin
How do I do that? |
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Now am thinking, how can Tesla invested such huge amount on btc few days ago and the market is this bearish? Where is the $1.5 bn or this amount is too insignificant to make an impact! And the news did not just end with Tesla, there were other similar news within that period Tesla was announced,
Anyways, am bullish so I believe those moneys will still have a huge impact in near future.
They have bought a few weeks ago, not a few days ago. |
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Only the individual investors are selling their coins. Institutions are holding to their coins and some of them are making new purchases. When Tesla releases it's next statement, you will get to know how many coins they accumulated during February 2021. Obviously some of the individual investors are booking profit, but there are also a lot who are doing panic selling right now. I don't understand these people. Even after 12 years, don't they know that panic selling is the single most curse in Bitcoin sector?
Well perhaps Tesla is selling too? They want to make a $ profit from their BTC investment... |
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Did Elon already panic sell?
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I still believe we will hit 100k before the end of the year.
Year 2024? |
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HODL! I need a decent BTC/USD price and not to spend too many of my free BTC for purchasing my next sportcar (a Koenigsegg, this time). So please hodl, you'll make someone happy  . |
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If you don't get rich with Bitcoin, at least you made someone else richer!
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I have a question
Would you buy a bitcoin to hodl if bubble explode some reason and a lot of people dumping their coins
lets say price per btc 1000-2000 would you buy?
Sure, but I'd wait BTC to find a floor. The height of the floor is difficult to predict (10000, 1000 or 100?). After last burst (end 2013) the floor was reached only some 2 years later. Be patient... |
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But when bitcoin will crash hard, don't people understand that when the flagship goes down, the other boats become worthless? I believe this is way more important than the current loss in price at the moment.  Perhaps another coin will become the flagship soon? |
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Well .. year-end holidays should be a fun time for everyone. But not for miners or Bitcoin investors. Because bitcoin prices fell quite hard, which is about 40% (more or less) in the middle of last week. although, in the second week of December 2017 Bitcoin has touched its highest level.
No reason to complain there: most miners or Bitcoin investors acquired their BTC from 2009 to November 2017 (look at market cap) and are very happy with a BTC/$ rate at least doubled. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
There are techniques & algos to slice a huge dump into small ones. Who knows, it's perhaps already happenning... |
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People should try panic buying and panic hodling!
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You cannot put these 3 kinds of investments on one scale and say which one is better.
There are many dimensions (risk, return, longevity, and many more)
Basically you need to differentiate speculation (hope to sell something to a higher price) and income (for stocks: dividends; real estate: rent). With bitcoin you get no income (no interest), only transaction costs. Nothing bad, but it is worth to keep in mind that it is a purely speculative investment.
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Panic is bad.
I prefer to sell quietly a small stack of 500BTC just for my present needs (a yacht).
I am also happy to see all those newcomers buying them at $10,000+/BTC.
So welcome, and thank you for your money!
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I really like the first post of this thread  You see already 2015 there were alot of people who believed in bitcoin and tell everbody to hodl! These people are rich today. You d everything right! But... are they still hodling? Some not: they have cashed out. They are rich now. |
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I would point out that the disadvantage I feel is people jumping in at the wrong time.
Always like that - be it stocks, speculation, pyramid schemes: the masses of small fishes give their money to the early players... It's psychology of crowds. |
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2018 will be the cryptocurrency hangover!
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For buying, it is worth studying a long-term curve and spotting "crypto winters". For selling... look at the same long-term curve, it's a no-brainer |
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I bet: 2017 |
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One more mistake: buying something with no intrinsic value at 30x the price it quoted two years ago.
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