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Author Topic: I'm dumping my bitcoins so you should  (Read 35622 times)
Zudalar
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June 21, 2016, 07:24:09 PM
 #521

Dumping your bitcoins is not good at all in my opinion because if you are doing this you will lose a lot of profit most of the time.
Its gonna rise more very soon so its also not smart due to that.

It depends on the personal circumstance. But if you have other source of income, it is better not to sell the coins.
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June 21, 2016, 07:36:26 PM
 #522

Keep calm and enjoy the possibility to buy cheap(er) coins for the moment  Cool

Yeah take advantage of every dip.

Good thing I able to sold my coins to other exchanges except for Bitfinex since it was down.

Since bfx was down earlier all I have to do now is to hold my coins at bitfinex or maybe pull it out.

Whenever when there is a price movement with really has a large margin, I don't want an exchange that suffers problem. They are wrecking my strategy.

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randy8777
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June 21, 2016, 07:42:06 PM
 #523

Dumping your bitcoins is not good at all in my opinion because if you are doing this you will lose a lot of profit most of the time.
Its gonna rise more very soon so its also not smart due to that.

It depends on the personal circumstance. But if you have other source of income, it is better not to sell the coins.

those that haven't sold yet must keep holding as there is no point in selling right now. the price just reached another low and touched $625 at bitstamp. bitfinex's low is at $635 right now. the current volatility is great for traders as me. i benefit when the price goes up, and i also benefit from the price that goes down. if this is going to continue i don't think i will get much sleep today. Grin
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June 21, 2016, 08:19:16 PM
 #524

Dumping your bitcoins is not good at all in my opinion because if you are doing this you will lose a lot of profit most of the time.
Its gonna rise more very soon so its also not smart due to that.

It depends on the personal circumstance. But if you have other source of income, it is better not to sell the coins.

those that haven't sold yet must keep holding as there is no point in selling right now. the price just reached another low and touched $625 at bitstamp. bitfinex's low is at $635 right now. the current volatility is great for traders as me. i benefit when the price goes up, and i also benefit from the price that goes down. if this is going to continue i don't think i will get much sleep today. Grin

Price has really gone down in a quick time, no one was expecting this, but I think this is not the best time to sell the coins, we need to wait till we reach the halving.
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June 21, 2016, 08:58:29 PM
 #525

If I had some FIAT left now I would buy on actual price but I'm already all in (depending on the little money I have  Cool)

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randy8777
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June 21, 2016, 09:07:03 PM
 #526

Dumping your bitcoins is not good at all in my opinion because if you are doing this you will lose a lot of profit most of the time.
Its gonna rise more very soon so its also not smart due to that.

It depends on the personal circumstance. But if you have other source of income, it is better not to sell the coins.

those that haven't sold yet must keep holding as there is no point in selling right now. the price just reached another low and touched $625 at bitstamp. bitfinex's low is at $635 right now. the current volatility is great for traders as me. i benefit when the price goes up, and i also benefit from the price that goes down. if this is going to continue i don't think i will get much sleep today. Grin

Price has really gone down in a quick time, no one was expecting this, but I think this is not the best time to sell the coins, we need to wait till we reach the halving.

well, people should always expect dumps of this magnitude to happen after the price has gone up this high. that's why it was the perfect time to secure some of your profits above the $700 price level. it doesn't feel good when you see the price go down this much, while people have had enough time to secure profits above the $700 price level. and yes, it's indeed better to keep holding till the block halving.
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June 21, 2016, 09:35:51 PM
 #527

Dumping your bitcoins is not good at all in my opinion because if you are doing this you will lose a lot of profit most of the time.
Its gonna rise more very soon so its also not smart due to that.

It depends on the personal circumstance. But if you have other source of income, it is better not to sell the coins.

those that haven't sold yet must keep holding as there is no point in selling right now. the price just reached another low and touched $625 at bitstamp. bitfinex's low is at $635 right now. the current volatility is great for traders as me. i benefit when the price goes up, and i also benefit from the price that goes down. if this is going to continue i don't think i will get much sleep today. Grin

Price has really gone down in a quick time, no one was expecting this, but I think this is not the best time to sell the coins, we need to wait till we reach the halving.

well, people should always expect dumps of this magnitude to happen after the price has gone up this high. that's why it was the perfect time to secure some of your profits above the $700 price level. it doesn't feel good when you see the price go down this much, while people have had enough time to secure profits above the $700 price level. and yes, it's indeed better to keep holding till the block halving.

I see more of a price rebound. Depending on how china reacts to the halving situation then follow back with how the markets seeing china to match the orders.

I always see something like this and then natural it corrects itself within 1 week or more.
lister storm
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June 21, 2016, 09:36:46 PM
 #528

If I had some FIAT left now I would buy on actual price but I'm already all in (depending on the little money I have  Cool)
well i guess its not a great idea to sell all your fiat and buy bitcoins for all of it, in my opinion it would be better to buy for a half of it because bitcoin price might drop really easily

im not dumping any of my bitcoins to be honest and i will actually wait for bigger prices in order to make much more money than i have right now, i hope my predictions will be correct and bitcoin will grow
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June 21, 2016, 09:53:22 PM
 #529

I don't sell all my fiat to buy bitcoins I took only all free fiat since the price was 200$ in the early 2015  Smiley

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June 22, 2016, 07:07:17 AM
 #530

Well, that is wrong. If you are dumping your bitcoins doesn't mean that we have to follow your stupid trend and dump it along with you. If you lose money, doesn't mean we should as well.

One word - retard.
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June 22, 2016, 12:27:08 PM
 #531

Well, that is wrong. If you are dumping your bitcoins doesn't mean that we have to follow your stupid trend and dump it along with you. If you lose money, doesn't mean we should as well.

One word - retard.

That is right. I think the price of bitcoin will be much higher after the user number increase. It could be $1000 in 12 months.
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June 22, 2016, 12:38:38 PM
 #532

Well, that is wrong. If you are dumping your bitcoins doesn't mean that we have to follow your stupid trend and dump it along with you. If you lose money, doesn't mean we should as well.

One word - retard.

That is right. I think the price of bitcoin will be much higher after the user number increase. It could be $1000 in 12 months.

If there would not be decline in price in past 2 days then we were expecting to see that price at the time of halving, but now I think we need wait longer to achieve the price of $1k.
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June 23, 2016, 07:24:25 AM
 #533

You thought it wasn't going down? Fools! Ha-ha! Last time Bitcoin went from 1200 to 120 and this time it's gonna do from 700 to 70! The pump is OVER! I hope you Chinese pumpers got some profit from these fools and we will see more altcoin pumps in the future. 

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June 23, 2016, 07:51:35 AM
 #534

You thought it wasn't going down? Fools! Ha-ha! Last time Bitcoin went from 1200 to 120 and this time it's gonna do from 700 to 70! The pump is OVER! I hope you Chinese pumpers got some profit from these fools and we will see more altcoin pumps in the future. 

We may experience another pump in coming days, as still we have time for halving so we can expect price will start moving up in the first week of July, till then holding my coins.
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June 23, 2016, 07:58:31 AM
 #535

You thought it wasn't going down? Fools! Ha-ha! Last time Bitcoin went from 1200 to 120 and this time it's gonna do from 700 to 70! The pump is OVER! I hope you Chinese pumpers got some profit from these fools and we will see more altcoin pumps in the future. 

We may experience another pump in coming days, as still we have time for halving so we can expect price will start moving up in the first week of July, till then holding my coins.
You should never count on 'may'. Everything may happen.

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June 23, 2016, 08:56:22 AM
 #536

You thought it wasn't going down? Fools! Ha-ha! Last time Bitcoin went from 1200 to 120 and this time it's gonna do from 700 to 70! The pump is OVER! I hope you Chinese pumpers got some profit from these fools and we will see more altcoin pumps in the future. 

We may experience another pump in coming days, as still we have time for halving so we can expect price will start moving up in the first week of July, till then holding my coins.
You should never count on 'may'. Everything may happen.

Yeah, anything can happen now, so need to act smartly, as not sure what will be the price at halving but we can expect that price will start moving up as we get closer to halving.


 
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June 23, 2016, 09:04:37 AM
 #537

If I had some FIAT left now I would buy on actual price but I'm already all in (depending on the little money I have  Cool)
Well, maybe I agree with you to buy bitcoin today and also I still believe bitcoin can touch a higher level than the highest price this year.
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June 23, 2016, 09:43:13 AM
 #538

Dumping your bitcoins is not good at all in my opinion because if you are doing this you will lose a lot of profit most of the time.
Its gonna rise more very soon so its also not smart due to that.

It depends on the personal circumstance. But if you have other source of income, it is better not to sell the coins.

those that haven't sold yet must keep holding as there is no point in selling right now. the price just reached another low and touched $625 at bitstamp. bitfinex's low is at $635 right now. the current volatility is great for traders as me. i benefit when the price goes up, and i also benefit from the price that goes down. if this is going to continue i don't think i will get much sleep today. Grin

Price has really gone down in a quick time, no one was expecting this, but I think this is not the best time to sell the coins, we need to wait till we reach the halving.

well, people should always expect dumps of this magnitude to happen after the price has gone up this high. that's why it was the perfect time to secure some of your profits above the $700 price level. it doesn't feel good when you see the price go down this much, while people have had enough time to secure profits above the $700 price level. and yes, it's indeed better to keep holding till the block halving.

I see more of a price rebound. Depending on how china reacts to the halving situation then follow back with how the markets seeing china to match the orders.

I always see something like this and then natural it corrects itself within 1 week or more.

i think we can definitely expect some fireworks just before the block halving. china is heavily invested in the mining industry. maybe that if the price doesn't go up a lot by itself, that the large chinese exchanges will offer a helping hand in manipulating the price to the north. 17 days left till the halving, anything can happen right now.
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June 23, 2016, 11:39:13 AM
 #539

I dont know if you should dump your bitcoins unless the price is at $750 again because it just tanked to $590 and i would just wait for the increase due to just having that extra cash, and i dont know if i can agree with your statement of "you should" because you cant tell the fluctuation although i understand why you would say that just because it is dropping a little bit and it's scary but you sometimes just have to deal with that decrease.
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June 23, 2016, 06:15:59 PM
 #540

If I had some FIAT left now I would buy on actual price but I'm already all in (depending on the little money I have  Cool)
Well, maybe I agree with you to buy bitcoin today and also I still believe bitcoin can touch a higher level than the highest price this year.

Buying bitcoin is not the best thing in my eyes due to the fact that the bitcoin is gonna rise more but not so much.
So the price is pretty high also and due to that its not worth it in my eyes.


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