Imagine how the guys that sold at $800 feel now

[Mbokani]

Not a big problem if they bought when it was 200$. Do you still feel sorry for them now? Many People bought bitcoins when it was 1$ and most of them dumped their position when it reached 2$. That's %100 profit btw, in case you are not good at maths. I laugh at people when they are trying to make %10 by trading. That's why i stopped doing that and holding my coins to get at least %1000.

It does not necessarily mean that people who sold coins might have purchased when it was $200 ,i purchased when the rally started at $550 and had a good return when it touched $800 and never thought it will cross the $1000 by December simply because it was reluctant to cross that figure for a long time and so it sold it thinking i could buy back after the correction and i was able to enter back at a price of $950 and with the price now i am still in profit.

[betlord90]

Not a big problem if they bought when it was 200$. Do you still feel sorry for them now? Many People bought bitcoins when it was 1$ and most of them dumped their position when it reached 2$. That's %100 profit btw, in case you are not good at maths. I laugh at people when they are trying to make %10 by trading. That's why i stopped doing that and holding my coins to get at least %1000.

It does not necessarily mean that people who sold coins might have purchased when it was $200 ,i purchased when the rally started at $550 and had a good return when it touched $800 and never thought it will cross the $1000 by December simply because it was reluctant to cross that figure for a long time and so it sold it thinking i could buy back after the correction and i was able to enter back at a price of $950 and with the price now i am still in profit.

Aslong as we get some profits with this well nothing wrong for selling on whatever price it is we have different decisions and surely our ideas will not meet and be the same and i believe those peoples who bought on 200$ level is sold their coins already for a long time. Remember  their are long time stability when price goes on 500-600$ up and surely people sold what they got and i am one of those seller for that price before.

[rickadone]

Aslong as we get some profits with this well nothing wrong for selling on whatever price it is we have different decisions and surely our ideas will not meet and be the same and i believe those peoples who bought on 200$ level is sold their coins already for a long time. Remember  their are long time stability when price goes on 500-600$ up and surely people sold what they got and i am one of those seller for that price before.

You are right, active trader never mind about potential profits of future. They will always look for the profits which are possible within the day.

Always on one can be sure about future hence booking profits at any desired level before it will become late must be a meaningful action. Maybe those decisions turn wrong in future but we cannot be sure they again did not enter into bitcoin after seeing prices were running through $800 levels.

[hase0278]

I'm sure most of them feel bad about selling their coins at sub 1000$ but I know that some people out of the ones who sold is not regretting their decision to sell since they got profit or just needed money badly at that time and that selling saved them so I know some of them don't regret their actions because that dump they made might have saved their life or another person's life for example they used it to pay hospital bills and more that is similar to the example.