Where is the said sell-off, though?
It's maybe looking for a MtGox selloff?
We should ask our 'selloff specialist', perhaps.
I maybe see one but admittedly, if it was, it was pretty weak. I think the underlying motivating factors right now are good and we are yet to see the real effect of the halving supply shock.
I think many are just waiting for it to top higher before they start Selling.
Some are currently bullish so would hold for now.
Yes.. hopefully short-sighted folks like yourself looking for a spot to sell at a higher price don't end up selling too much too soon because you and them are expecting to buy back cheaper.. . We've seen a lot of losers taking those kinds of tactics, especially treating bitcoin like a trade rather than a long term investment.. but yeah, sometimes you have to get burnt a few times before learning, and surely some folks take several burns and seem to not really learn, especially since trading tends to devolve into a kind of gambling, so it becomes quite difficult to stop yourself from doing dumb things, such as having a winning investment (such as bitcoin), and then turning it into either a loser or something that you ONLY value for short term fiat gainz.. and then realizing that you did not even actually understand the power of the thing (in this case bitcoin) that you had held.
The bitcoiners who have done the best have tended to error on the side of accumulating BTC and holding it and not really starting to sell any of their BTC until they have accumulated enough or who have overly accumulated. No one can really tell you when you have reached such status, yet you Ambatman with a forum registration date that is ONLY slightly greater than a year, you sound like someone who might not really understand bitcoin very well if you are thinking in terms of selling on the pump and trying to buy back lower, rather than getting through a whole cycle with mostly buys. and then to reassess where you are at after a whole cycle.. unless for some reason you have reached a status of over accumulation, which surely I have my doubts, but never say never, you know your situation better than anyone else... even though likely you need to keep in mind that it can take 30-40 years or more to really build a strong investment portfolio, and even though bitcoin provides some abilities to cut that in half and potentially even greater than cutting that time in half, it still tends to take a decent amount of time to build an investment portfolio.. so hopefully if you have ONLY been in bitcoin for a bit over year, you had been able to get a position in bitcoin in that time.. yet I have my doubts, since you are talking about selling rather than building your position.. so I have my doubts whether you have had already established any kind of meaningful bitcoin position in such a short period of time.
I don't know what brought about the conclusion that am not holding.
Your own post brought it up. You were talking about selling at higher prices, so that sounds like a trader mentality, and the contents of my post largely already addressed my perception of the way that you were talking about dee cornz... sounds like a trader and a short-term perspective and kind of a lame perspective that is just looking for short term dollar appreciation - especially for someone so seemingly new to bitcoin.. and yeah
As can be seen
I was talking about Mt Gox sell off
A likely reason why there was barely any sell off
I was associating it with a likelihood it might be because they bullish and plan on selling when it rises
I never mentioned I.
am not sure if the solution is to hold money that you need in bitcoin, maybe you might have to have some stable coin in the mix if you lack confidence in your own currency holding value
I do hold in Fiat too but most time needs arises for me to add more to my holdings and savings when I feel my the need to increase my bag
When there's like an extra cash in hand.
Whatever.
you talk quite a bit like a trader, so maybe I could be wrong, yet I doubt that you have gotten over your trading mindset when it comes to dee cornz
Hmm I really can't tell how that came about
Either my message is badly sent across by me or the other way round.
I quite see Bitcoin like land from my country as a case study
Those who really gained and made life changing profits were those that held more than a decade.
Well in all it doesn't really matter much how others see it
I'm holding not just because as an investment
It helps my mood in raining or sad days that everything will be better.
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