⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️

[sukamasoto]

If you're looking for short term investment , then it's time to sell for profit and wait to buy cheap one
For me as long term investor, I'm will keep most of my bitcoin until next 4 years as I'm believe that bitcoin won't disappoint me !

~Bitcoin is Economic Changer !

[eann014]

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

It is okay, maybe they are making panic selling today because of the price dropping just like what you are thinking right now, you want to sell your bitcoin now. Wait until tomorrow because they say big investors are coming into bitcoin so I think bitcoin will rise again and I heard that bitcoin will reach $30k.

[h0lybyte]

There may be many reasons to discuss for recent bitcoin price drop. Some expect it due to a lot of unconmirmed transactions on netweork.
While some say its because christmas time. This can be a notable point in my sense that people would felt need of money on the day of chriatmas, thus cashing out for now is sure but we can hope surge agin in bitcoin as soon as the christmas days pass. No need to feel panic, bitcoin always remain synergy with time

[KeithBeeCham]

I don't think it's a good idea ). Bitcoin price is decreasing but not too much and it'll rise back soon so I think everyone should hold their Bitcoin a little bit longer or they can hold it until next years cause I think Bitcoin can reach to 20k$ right at the early of next year.

[Yarsk]

I have said it before and am saying it again, the current drop in price is not enough for me to rush to sell my bitcoin. Especially now that I have the knowledge on how the market works and my piece of advice when you want to sell you bitcoin always do at the pick of the price rise or in the early hours of price drop in other to make profit. But when you wait until the middle of the price fall or towards the end of it you may end up loosing.

[ipanks]

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

I don't sell my bitcoin because I can not make any profit. I'd rather wait until the price increase again and buy more bitcoin because today the price is dropped too far. this is my opportunity to buy more bitcoin and I don't want to miss this time. but we have another opportunity from the dropped of bitcoin price because altcoin price getting prepare to increase and I see many altcoins start to make good moves. I hope the altcoin party will come within a few days later.

[semobo]

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

Yeah,the price is falling rapdily so many people cash out their profits but I think it is not the right time we need to hold our bitcoins for few more years to make huge profits because I think the price of bitcoin will touch $100k in 2020,so. We have to keep until that to make the real profit of bitcoin.

[pooya87]

$1000- $2000: 1271 days
~
$18000-$19000: 3 minutes

first of all you can not possibly compare these two because the first one is a 100% rise which obviously took a longer time than the last one which is a 5% rise. it barely even covers the fees for a trader.
if you are getting your trade signals based on this, then i suggest you stay away from trading!

secondly, that is how adoption works. it is slow at first and then speeds up drastically. 100% rise would take a year at first and then 6 months then 2 months. and bitcoin being bitcoin and having a small market means this will be much faster. both rise and the fall due to the dumb panic sellers who think $1000 is always the same huge rise no matter if it was $1000 rise from $10 or $1000 rise after $100,000.

take a look at this:
it goes up and down $1000 in minutes too. it has increased $3500 yesterday and total of $50,000 in the past 6 days. i guess you panic sell that too?
https://finance.yahoo.com/quote/BRK-A/chart?p=BRK-A

[JCO05]

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

Well, atleast  the best thing to do is to hold. And if the market value continues to fsll  invest as much as possible. Bitcoin is volatile in nature, so backdrops such as these are just normal. Surely, it will eventually increase and before this year end, chances are high that its market value will be more expensive and profit will surely be earned.

[illinest]

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

I'm not selling yet. I honestly prefer to hold through the top and then start shorting the subsequent bounce to the .618-.786 fib retracement area. We always get that kind of action after Bitcoin tops. Otherwise, it's just too easy to get shaken out, because in this kind of rally, there are no double bottoms/retests of the lows.

I'm not seeing crash-like behavior. There's a Rising Three Methods pattern on the 1-day chart. If we do see continued downside, I'm looking to heavily buy anything in the $7500-9000 area. The parabolic trend stands ~$7300 right now. As long as it holds, I'm bullish:

[haileysantos95]

I dont think that people are dumping bitcoin right now and it has no connection with the recent price drop, i think its due to some manipulation by group of whales, ive seen this kind of pattern over the past few years but unlike today the price is kinda high.

[speaktome]

I dont think that people are dumping bitcoin right now and it has no connection with the recent price drop, i think its due to some manipulation by group of whales, ive seen this kind of pattern over the past few years but unlike today the price is kinda high.

After observing the graph above,there is also a possibility that the price returns to the area of $10K or even go down until to $8k,regardless of the reason and seeing that graph I would not be surprised either because that happened too, I do not know if in the following days or in the next months.

[Xenrise]

No, don't stoploss. Bitcoin will rise in the next days. There was only a divergence that made the movement slower and by that don't put the mentality. There would be many forks and will make the bitcoin moon.

[btcone111]

MAybe or maybe not. No one can predict the market but if you're not comfortable you better cash out partially otherwise you may panic sell!

[noictib]

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

You don't need to take tension much about this thing because increase in bitcoin's price was not pump by any group of people but it was totally due to demand that people made because of attraction to make profit easily with bitcoin investment .
Here drop in the price is due to the news that was spreading last day that bitcoin is not big balloon and can damage but in Actual that was only stupid news Because price of bitcoin was due to demand and demand is still continuously going up and up but if people will deal any panic and then sell then surely stability will be see by us , well currently price is increasing and we should enjoy bitcoin's progress .

[futureofeth]

It completely depends on your interest because if you make food profit on your investment then it is your choice to withdraw or not. It is always good to withdraw some part of your investment when the price of it's value increases.

[TERA2]

Doesnt it make perfect sense for there to be congestion if adoption is increasing?

[illinest]

Doesnt it make perfect sense for there to be congestion if adoption is increasing?

Well, sure. Transaction volume should increase on a linear or linear-to-exponential trend as we see reflected in Bitcoin's price, like any other metric of adoption. But does this look like a reasonable "trend" to you? I was paying 10 satoshis/byte a week or so ago. Now I'm paying 25x that to get confirmed within several hours. That's not what adoption looks like. That's what spam looks like.

Notice the similar spike in transaction volume last month, when Jihan Wu and Roger Ver's promotion of Bcash was at fever pitch, and its price accordingly hit ATHs in an epic pump-and-dump. In this context, it's not difficult to see that high fees/congestion are being used to further an anti-Bitcoin and pro-Bcash narrative. And while it's difficult to speculate on the costs of spamming the blockchain like this, we do know that Bitmain likely controls half or more of the global hash rate. So the attack might not cost a thing, as they are collecting not only their own fees, but they are inflating everyone else's.

[pjhom]

It seems that their is still a lot of wind left in this bull run.  Yes, there will be short term pullbacks - those may be the times to increase your portfolio - dollar cost averaging in.

[Ingoats]

Is everyone selling their BTC?

It seems the price is dropping rapidly today leading up to futures

It will depend to the users whether they will sell their Bitcoin already at this price. Its market value at this moment is indeed expensive so it is not surprising to appear tempting for the users. But it will depend on their satisfaction. But in my opinion, it is better to hold because it is expected to be more expensive in the future.