Don't sell your precious BTC to the whales!

[virtualdn]

We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

Hodling is a thing of patience and understanding. With the current downtrend do you think holders that bought high would be able to withstand the trend. I understand that market isn't favourable and surely price will be up again only those who were patient with the wave would sail merrily. Buy as much as you can now!

Yes it is true that holding is a test of patience. How patient you can be will depend on the holding Those who can't be patient by holding but can't profit from holding coins.The current market is not in the car's favor it is completely unregulated.The market is likely to grow very quickly, those of you who want to invest, invest as soon as possible.Only those who are holding now will rule and see the day.

Holding is a good way to get higher profit but it is not true that we have to hold forever. By market analysis, we have to sell sometimes whatever it is precious or not because market is so volatile. If you are able to sell in right time, you will be able to buy again when price drops. There is no guarantee that price will rise only.

Selling involves a risk. There is no 100% guarantee you will ever be able to get your BTC back. By HODLing you don't loose anything and you maximize your earnings in the long run.

[Mate2237]

We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

But the question is that, how will you know the person that is buying the btc from is whale. Because you do not know the person that buys the btc. And also there are time one is in need of money very seriously so at that stage he has to sell it btc to solve the problem instead of going out to borrow and pay interest when he the money to solve the problem. Though, as for me, the two sides are good advice. Keeping it is good and selling it to solve problem is also good.

[kawetsriyanto]

But the question is that, how will you know the person that is buying the btc from is whale. Because you do not know the person that buys the btc.

It's just like a parable. Sure, we don't know who purchase our Bitcoin in the market (CEX or DEX). Unless we sell our Bitcoin to the people we know directly, from our wallets to their wallets.

there are time one is in need of money very seriously so at that stage he has to sell it btc to solve the problem instead of going out to borrow and pay interest when he the money to solve the problem.

For urgent cases, selling Bitcoin is understandable. We have no choice, we must focus on the priority.
However, in a normal situation, holding is much better because the value probably increases in the future. We don't sell our Bitcoin because of influenced by FUDs. Or doing panic selling after seeing a huge drop in Bitcoin price.

[MarjorieZimmermanGinger]

We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

For me to collect bitcoin more profitable than other coins, the condition of price reduction for Bitcoin now, does not feel that this is something that needs to be worried, Bitcoin has progressed from the beginning of the appearance until now, one bitcoin now will be quite meaningful in the future, so make a purchase in any amount to collect bitcoin, because in the future, bitcoin will provide a maximum profit