So you decide to sell now that Bitcoin is < $1000?

[BitcoinBarrel]

Doesn't make sense.... 

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[ethereumhunter]

i don't want to sell my bitcoin right now as the price is under $1000, i will waiting for more and i think i will doing btc pair altcoin because in altcoin, there are many coins that have increase so i think its maybe a good chance for me to make another profit. if i sell it for now, i think i can make profit too but better for me to be patience and waiting the price.

[Quartx]

Held on when btc reach 1000 first in 2013 , continue buying when it dropped back to $400s. Held on when all the altcoins came out. I forsee my self holding on to many more years of bitcoin's presumed death and even then many more years to go.

[pooya87]

Held on when btc reach 1000 first in 2013 , continue buying when it dropped back to $400s. Held on when all the altcoins came out. I forsee my self holding on to many more years of bitcoin's presumed death and even then many more years to go.

well, as a long term holder who doesn't care about monthly or even yearly changes that can work for you in 2013 but i would argue that back in 2013 it was clearly a bubble and holding was not the greatest of ideas.
but now things are different, bitcoin price has gone up based on years of adoption and slow growth not $900 rise in 2 month! and that price can not be broken that easily.

and in case of this topic you either sold at $1200 and have been buying back in 9xx range or you have already lost your chance of short term profit and better stick to long term.

[BitcoinBarrel]

I admit, they almost got me... but I realized how much time, effort and money I've put into getting BTC. I'm not going to just give it away because others are running scared. If I want FIAT bad enough I'll work extra hours.

People think Bitcoin is outdated to alt coins, but the math is all the same. Bitcoin's value comes from being accepted in more places than alt coins. Look at Rai stones, they are certainly an outdated form of currency, but they have still appreciated in value over time and are collectable items of antiquity. Also a solid store of value.

Same with Bitcoin, it will always be the First Crypto and highly sought after.

[BrewMaster]

people are funny with their investments and i have seen some weird behavior in my time but when it comes to bitcoin they seem to get even more irrational!

and i sometimes don't get it. i convince myself that they are newbie panic sellers but really i think it is bitcoin, because they are always uncertain about it. possibly because so few really understand what bitcoin really is and what it is meant to do!

of course this has been reducing over time, for example things aren't as bad as 3 years ago but still there are so many panic sellers and whales love that.

[European Central Bank]

bitcoin price has gone up based on years of adoption

this price fall is down to the possibility of that slowing or reversing. this fork crap, higher fees and more money to be made elsewhere are all convincing reasons for less people to be keen on the idea. that's the basis for a real fall.

[joshy23]

I love to see those responses from a senior member and up saying to hold on and not sell our bitcoins. I'm new a newbie still but I learned a lot from doing investments (stocks) before so I know that holding and buying bitcoin is the correct respond to such situation like this. I salute to those who are still holding and not selling and do not panic in this dilemma. And for some who panic already, I guess its your decision to sell but seeing the respond of a more senior member here saying to hold, I think you made the wrong move.

[richardsNY]

It's panic that dictates the sentiment right now. The majority of the people without any real experience can't stand the pressure of how the market is moving up and down. Easiest way for them is to sell. But as mostly happens -- these people end up buying back their coins at a premium. But hey, who are we to judge how they react to market panic. I rather take full advantage of this whole situation and buy at sub $900 levels, and that's exactly what I did.

[BrewMaster]

I love to see those responses from a senior member and up saying to hold on and not sell our bitcoins. I'm new a newbie still ...

you shouldn't really make investments based on what you read online and it doesn't matter if it is a newbie account or a legendary that is saying something. just learn to read and then process it yourself. it may be a lie or truth.

here is an example of a legendary account, i have selected a good page from his bullshit counts back in 2015. you can see his FUD clearly now:
https://bitcointalk.org/index.php?action=profile;u=654;sa=showPosts;start=780

[LittleBitFunny]

It's panic that dictates the sentiment right now. The majority of the people without any real experience can't stand the pressure of how the market is moving up and down. Easiest way for them is to sell. But as mostly happens -- these people end up buying back their coins at a premium. But hey, who are we to judge how they react to market panic. I rather take full advantage of this whole situation and buy at sub $900 levels, and that's exactly what I did.

I think that the problem is that a lot of people also buy into Bitcoin intending for it to be a currency as well as an investment.  When they think that their ability to spend will be hindered a lot of the time for whatever they're doing, they'll store in more stable currencies until the heat is off.

Still, if the price goes down it'll just be an opportunity for someone who was more prepared, and I hope that no one put in too much money for them to handle.

[pitbully2000]

people are funny with their investments and i have seen some weird behavior in my time but when it comes to bitcoin they seem to get even more irrational!

and i sometimes don't get it. i convince myself that they are newbie panic sellers but really i think it is bitcoin, because they are always uncertain about it. possibly because so few really understand what bitcoin really is and what it is meant to do!

of course this has been reducing over time, for example things aren't as bad as 3 years ago but still there are so many panic sellers and whales love that.

^^^ This gets my vote ^^^
       

[buwaytress]

Well, people like me (people arriving late to the crypto scene, that is) have been hoping for just under $1,000 so we can finally add substantial coins to our wallets. It's completely all right for people to sell, you know. This is what it's all about, isn't it?

[york780]

I like to sell for triple digits and buy back at five digits.  Thats my tactic. Wish me luck. I bought some Onecoin and Goldcoin. I think that they are going to be great 

Ps for newbies: dont buy them, they are the most famous scam coins in the whole universe.

[Valiance]

bitcoin price has gone up based on years of adoption

this price fall is down to the possibility of that slowing or reversing. this fork crap, higher fees and more money to be made elsewhere are all convincing reasons for less people to be keen on the idea. that's the basis for a real fall.

I agree, years of adoption have to be for a genuine purpose.  If Bitcoin is practically not as useful as it was before, the price is going to fall.

[york780]

Whats wrong with you guys? 2,5 year the price was going up, now we go down for 3 weeks and you say this is the end? Cmon get a grip !!

[dothebeats]

Sold already at $1140 and looking to buy some if the price goes to take a deeper and badder hit. Idk why some people haven't taken advantage of  the pricing a few weeks ago and call it a profit specially when there is something going on with the coin developers coming up with the decision on where would we be going to from here. Idk about you guys but this would go down south for a while and you should have taken the opportunity.

[BingoDog]

Whats wrong with you guys? 2,5 year the price was going up, now we go down for 3 weeks and you say this is the end? Cmon get a grip !!

I so agree with you. I don't know what is wrong with people and why are they panic so much over price going down a bit. Like it's the end of the world. Or these are just people who are not very long with bitcoin and they don't know how the things are going. Anyway, it's not time to sell, the price will recover again.

[Seansky]

I have sold most of the bitcoin I got when it was at 1200$+. Right now I am waiting for it to go back down a little more or I'll wait until I am sure that the price bitcoin is in is the new floor price. It would be hard to determine it but I would rebuy bitcoin to the lowest price possible in this dump. I will do it since I believe it is not dead yet and it have more potential left in it.

[zby]

Untill just last year I have always believed that bitcoin at some point will be replaced by other coins. The longest history is not enough of advantage - after a few years it evens out. You need new features. Then I thought that TumbleBit and RootStock would add all the most needed features to bitcoin and if that is possible than other features would follow. Now I am a bit pessimistic about the chance for SegWit which would enable TumbleBit or RootStock - 95% is a very big majority, even if BU just relents, there will always be 6% of stubborn or lazy miners.