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Author Topic: Do not sell now, you are Just losing, Hold On  (Read 1657 times)
0day
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August 02, 2016, 06:59:10 PM
 #1

The price of bitcoin has dropped down to $577, it does not mean that we sell our coins, but we have to stop supplying it to the market no one have to sell their coins, just wait and hold and you will see within a few days the price of bitcoin will rise much higher because of increased demand.

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August 02, 2016, 07:03:50 PM
 #2

I am not worried at all at this recent dip in price. It is normal a drop or increase of few dollars in Bitcoin. Actually market was not moving in any direction this fresh dip will bring new investments in market. I see this positive and next increase will take price above $ 680 per Bitcoin. I am holding without any doubts as all these changes are temporary.
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August 02, 2016, 07:12:02 PM
 #3

I am not worried at all at this recent dip in price. It is normal a drop or increase of few dollars in Bitcoin. Actually market was not moving in any direction this fresh dip will bring new investments in market. I see this positive and next increase will take price above $ 680 per Bitcoin. I am holding without any doubts as all these changes are temporary.

that is genius decision, I created this post for those people who when see that situation immediately start to sell at whatever price they find on the exchange in order to escape from the dip and they do not understand that if they hold their coins and do not agree to sell at lower price then the demand price will increase more higher.

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August 02, 2016, 07:17:09 PM
 #4

We've always seen hikes throughout the BTC's history. It's not a reason to trust or loose trust in it. We'll continue to see this stuff, but it'll be a huge price in 2017. I expect a similar price to the $1k top in 2013, and this time it'll be stable. No reason to fear it!
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August 02, 2016, 07:21:05 PM
 #5

...just wait and hold and you will see within a few days the price of bitcoin will rise much higher because of increased demand.

I agree. This is nothing. This is just a Jaguar Trap.

I support a decentralized & unregulatable ledger first, with safe scaling over time.
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August 02, 2016, 07:23:12 PM
 #6

Agree with you guys.
I Hope that the price will rise to the moon.

Ups & downs is very much normal but if everybody starts selling than the price may decrease drastically.

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August 02, 2016, 07:49:03 PM
 #7

Owning Bitcoin as an investment requires some balls people. 

By the time the move has started and you get scared, it is over.  Same for a 'to the moon' phase. 

Timing the price is just about impossible, and those scared selling are emotional which makes you lose money.

Slow investment, a little every month, and ignore these burps.  It is called 'dollar cost averaging' and it gets people rich. 

If you believe in bitcoin long term than calm down. 

If you don't you should not be in it to begin with.

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August 02, 2016, 08:04:16 PM
 #8

those dump only mean that the majority of the coins are still not bought at the current level, but at lower level

the only stable value is the one at which 99% of the coins in circulation are bought at
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August 02, 2016, 08:11:30 PM
 #9

OMG! I just sold 20 btc T_T"
Should have read your post earlier.. It make sense..

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August 02, 2016, 09:04:27 PM
 #10

OMG! I just sold 20 btc T_T"
Should have read your post earlier.. It make sense..

If you are going  to do a bulk sell off.. you should do it in gradual amounts.

Everyone is aware the day to day prices arent really sets us in.. lol. I usually give it a 2 week or almost a 1 month barrier then decide during that time.

If i see a sell off movement I try to stick with selling .1 btc at a time depending how fast.
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August 02, 2016, 09:07:49 PM
 #11

yes there is no doubt about this i am not going to sell my bitcoin i am defiantly not selling it. i am strong person and can bear all kind of hardness, i am hopeful that the price of bitcoin will not fell down any more and will start rising again. so we should concentrate on buying bitcoin in present position instead of sell it.
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August 02, 2016, 09:10:43 PM
 #12

Keep holding your coins firmly. If you wanted to sell your coins, you should have done it while the price was still above the $650 price point. Right now you're too late. Instead of selling, you can choose to buy yourself a coin or two, or with the free money that you can use to invest.

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August 02, 2016, 09:13:44 PM
 #13

It really depends on what you want to happen and what your strategy is. The ones who sold are probably either miners of big mining farms or traders selling for a profit. This means that a buyers market is coming for bitcoin because the price will be at bargain levels. Keep observing the price movement and try to see where it will be stable after the fall. Like I was saying before this will stay at under $600 for a while. Maybe even until the end of the year.


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August 02, 2016, 09:14:34 PM
 #14

Latest drop started after bitfinex started having problems, right?
So most likely we will be going back up after bitfinex is back.
I wonder how many times this has to happen before people stop using bitfinex Roll Eyes

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August 03, 2016, 03:21:48 AM
 #15

The price of bitcoin has dropped down to $577, it does not mean that we sell our coins, but we have to stop supplying it to the market no one have to sell their coins, just wait and hold and you will see within a few days the price of bitcoin will rise much higher because of increased demand.

this is not right, if you are a long term hodler and have bitcoin in your cold storage like me and you bought at $180 then you don't worry too much but generally as a trader when a panic like this hits the market it is better to sell and keep your eyes open to buy at the bottom after a short time because it will spring back.

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August 03, 2016, 03:36:34 AM
 #16

What a situation... I think that the price will recover soon, but not to the same previous levels, at least not this year.
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August 03, 2016, 03:37:19 AM
 #17

Agreed.  Whales or other big players or hackers are responsible for the recent tanking.  We're going to come back up, you just watch.  We're already rebounding.   Now is the time to be scooping up cheap coin.

If the original Backside walkaround can prove to me they are the old owner of this account, I can update the email address to the email address of their choosing.
Backside walkaround has lost access to their account as they used someone else's email address to sign up, and the owner of the email address got tired of random email notifications from this site after a few months and reset the password.
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August 03, 2016, 03:40:13 AM
 #18

as we all knew that this current price dropping is normal we should hold our btc and let new investors to come up and invest will price still at cheap we know at any time the price will bounce back.

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August 03, 2016, 03:54:07 AM
 #19

OMG! I just sold 20 btc T_T"
Should have read your post earlier.. It make sense..

how much your lost is sold 20 bitcoin
i think your lost over 400 dollar
fantastic your capital money in trading
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August 03, 2016, 04:35:52 AM
 #20

I have been hoping for the price to go below $600 for a while now, and I am grabbing this opportunity while it is still there. Panic selling would just cause the price to go down even further so no sense in doing that. We should hold and sit tight and see how the price moves in the coming days.


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