Imagine how the guys that sold at $800 feel now

[glub0x]

I sold most at 80€ and it never went back so low after i did it.
It was a dump, i had full faith in bitcoin ( still have) but after you see the price divided by 2 a couple of time, you think, it would be pretty easy to double your stash.

about 700btc.

Greed sometimes is terrible, I doubt i'll ever make that kind of money in my lifetime but strangely i do not feel so bad about it.

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[leowonderful]

I sold most at 80€ and it never went back so low after i did it.
It was a dump, i had full faith in bitcoin ( still have) but after you see the price divided by 2 a couple of time, you think, it would be pretty easy to double your stash.

about 700btc.

Greed sometimes is terrible, I doubt i'll ever make that kind of money in my lifetime but strangely i do not feel so bad about it.

It's just like gambling, after a while you realize that you never really owned that money in the first place so you forget about it after a while. If price goes down NEVER COMPLETELY SELL. I usually sell a little bit (.05-.1) and see where price goes after it goes down. Usually price recovers and I make a little bit more money afterwards.

[glub0x]

Yes this is theory, i am very rational but i remember very well that fall.
The bitcoin train can make you crazy. When it climbs and every morning you wake up thinking you made more sleeping than in one month working. And then it falls even faster. a falling price is an opportunity but you need balls of steel.
You need very strong ruleset and you need to know why you have those rules. After that i never sold more than 0.2%/month.
But then again my plan could have worked, this day i just played and lost


I feel like if you made some profit you should be happy because it is some kind of game and everybody doesn't win.

[boyshx]

they must feel terrible so should you by bullying them.

is not funny to laugh on those who make a bad trade

[Kyraishi]

I definitely feel bad for the guys who sold at $800.

That was basically the low of 2017. And people who had no patience had to dump their coins there.

Remember always go against crowd sentiment. I mean when people think that it is a good time to buy in usually it's in the middle-end phase of a pump. If you get in then you have a high chance of losing money. And when people think that it's a good time to sell it's usually when they panic and they see that a coin is down 20% in a day, and that's a good time to buy.

I'm just a bagholder right now. Waiting for the fork to happen, and I'll have coins on both chains

[Pattberry]

I definitely feel bad for the guys who sold at $800.
That was basically the low of 2017. And people who had no patience had to dump their coins there.
Remember always go against crowd sentiment. I mean when people think that it is a good time to buy in usually it's in the middle-end phase of a pump. If you get in then you have a high chance of losing money. And when people think that it's a good time to sell it's usually when they panic and they see that a coin is down 20% in a day, and that's a good time to buy.
I'm just a bagholder right now. Waiting for the fork to happen, and I'll have coins on both chains

The people who sold coins for $800 just booked their profits and if you are thinking like that then there are many people who sold their coins for a few pennies or given away for free before 2012 ,people who sold the coins at that rate just booked their profits and when it comes to investment you have to be rational and you must be careful that greed must not take over your decision,i am not telling that holding your coins is a bad thing but there is no wrong in booking a good profit and entering at a different time.

[rajasumi3]

I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .

[mundang]

I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .

Theres no guarantee that the price will go higher so they decided to sold at 800$ to have some little profit , .
Even i sold my btc at 900$ and now the price is at 1200$ but i dont feel any guilt to myself.

[magneto]

I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .

Just because they may have sold a bit early doesn't really mean that they don't have any faith in bitcoin.

They may have needed urgent emergency cash for surgery for all we can know, or maybe they just thought that there was a much better opportunity to invest in than to keep theri coins stagnant in their wallet. I don't think that it is fair to judge them on that basis.

But yes, the price has went painfully up over the past few days.

Went from like $1050 from the very start of this trend, to $1200+ now.

I have held bitcoin all along the way, i really don't mind this price hike right now at all. I'm enjoying the bitcoin life

[RoommateAgreement]

i really hope this time more people realize what has been going on in the past month or so. because it will keep happening but with a different form and a different topic as it always does.

and peole invested in bitcoin will continue to fall for the FUD over and over again until they stop for a second and THINK. look back at what has been said and what really happened and anyone can realize it was pure FUD to buy cheap coins.

in other words whoever sold their coins, they sold it at a $400 discount to those who were spreading the FUD.

[Iranus]

Now Jihan Wu is hated by the entire community except the couple paid shills.

I wouldn't call a significant amount of people paid shills, discussion has descended into a state in which everyone calls everyone else a paid shill with no evidence and without actually thinking about it.

Jihan Wu is a complete ass though, and he's clearly blocking SegWit on Litecoin (Bitcoin too, since without him SegWit would be leading dramatically).

The price barely even got to $800, it really is surprising just how strong the floor is for Bitcoin even with all the huge altcoin pumps that were going on then.  The lesson is not to get caught up in things before you really understand the market and the economics of it.  People should be really conservative with putting their money in super risky things like altcoins even if they're not holding a lot (DASH?  Come on, people shouldn't have fell for that.  Price is down all the way to $61 now).

[KennyR]

I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .

Theres no guarantee that the price will go higher so they decided to sold at 800$ to have some little profit , .
Even i sold my btc at 900$ and now the price is at 1200$ but i dont feel any guilt to myself.

As quoted there is nothing to think bad off, because bitcoin price is simply unpredictable which anytime moves without any indication. Thereis no need to feel for it because in some sort of requirement it might have been used.

[mindrust]

Not a big problem if they bought when it was 200$. Do you still feel sorry for them now? Many People bought bitcoins when it was 1$ and most of them dumped their position when it reached 2$. That's %100 profit btw, in case you are not good at maths. I laugh at people when they are trying to make %10 by trading. That's why i stopped doing that and holding my coins to get at least %1000.

[betlord90]

I feel sorry for the guys who sold their bitcoins at 800$ .they sold because they did not have faith in bitcoins that it would rise up again or they did not have so much patience for the price to again grow up .

Theres no guarantee that the price will go higher so they decided to sold at 800$ to have some little profit , .
Even i sold my btc at 900$ and now the price is at 1200$ but i dont feel any guilt to myself.

As quoted there is nothing to think bad off, because bitcoin price is simply unpredictable which anytime moves without any indication. Thereis no need to feel for it because in some sort of requirement it might have been used.

We doesn't know on what will happen on price thats why i cant blame others to sell their coins if they see some dumps gonna  happen in sort period of time. People got theie own decisions and although some others doubt that they sell their coins but i believe majority sells their coins.
 Since they need some immeduate money at that point.

Not all people are stakers since some of people are just using bitcoins to earn money for their own needs.

[BitHodler]

It's easy to create threads after the price has gone up considerably making fun of people having sold their coins. Why would you care if people sell their coins at $800? It doesn't harm you in any way.

It's well known that people don't know how to make difference between 'fake dumps' and real dumps as result of something actually having a negative impact on Bitcoin. These people will learn how things are eventually.

Without people dumping their coins in panic, we won't be able to buy and sell back. In most cases it's ignorance resulting in the market to crash, and I am sure you take advantage of this as well?

[Sniper44]

It's easy to create threads after the price has gone up considerably making fun of people having sold their coins. Why would you care if people sell their coins at $800? It doesn't harm you in any way.

i agree but to be fair there has been a lot of topics and comments on FUD topics (not by OP) that were warning people not to fall for the FUD and not to panic sell their coins cheap. and in case they wanted to sell make sure to buy back at the bottom fast.
i think those who saw these comments and still chose to believe the FUD needed the loss to gain some experience the hard way. i just hope they have learned their lessons.

[Reid]

You knew because you trusted it.
Others form distrust whenver a big fluctuation comes. I dont think we all have the right speculation here.
In fact, there may be a lot of us here who have done it.
But there will always be a way back.
Some also may have thought it is already profitable and not the greedy type who would want to reach a better price.
It depends on the person doing the trade, if he thinks it is enough.a

[snipie]

I knew Bitcoin was not going any lower than $800 when the forkcoin fears were hovering around. Now Jihan Wu is hated by the entire community except the couple paid shills. Looks like UASF is closer than ever and this is translating into a healthy price.

I think that they behave better than the guys that sold their bitcoin with approximately $200 
Anyway the price gonna be insane

[BillyBobZorton]

$800 is the new floor. $1000 stable floor if no bad news. Trading zone $1050-1200, we need to pass $1200 and stay above it for a couple of days before we get too excited.

[pooya87]

you sometimes need to make some mistakes, even big ones and lose a lot of money before you realize what you did and stop doing that wrong thing.

in this case that wrong thing is listening to what random people on the internet (this forum, reddit, news sites, altcoin pumpers and ...) say without seeing past their bullshit and seeing their real agenda.