SELL EVERYTHING!!!!!

[jaysabi]

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

I want to address these emphasized points because some of them get to the heart of crypto as an investment. "Every dollar that is made by someone, someone will lose money." Essentially, this is absolutely correct. As an investment, Bitcoin is inherently worthless. It is an unproductive asset because it doesn't produce income. You buy it and the only way to make money is to sell it to someone else for more than you bought it for. So in this sense, the only dollars you get out of owning Bitcoin come from someone else.

"This market is basically made to make money from new users like a scheme."  Correct, in that it wasn't designed to operate like a ponzi scheme, but it does operate like a ponzi scheme for anyone buying crypto trying to get rich on it. That's because, again, the only way you can make money on Bitcoin is to sell it for more than you bought it for, and the only reason someone else would pay more for it is they also think they are going to be able to sell it to someone else down the line for yet more money. So the earliest people into crypto make the most money, and it requires ever-increasing amounts of people to get into the market for the later people to make money. This isn't intentional by Bitcoin, it's just what naturally happens when mania takes over and large groups of people chase pipe dreams.

"For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 3400 every month by lending?"  Lending in crypto is the same as any other currency, it can be repaid through the extra economic activity it allows without anyone losing money, so your conclusion that people have to lose money through lending is not correct. However Bitconnect was a clear ponzi, and anyone who invested in that got exactly what they deserved. Anyone offering stupid ridiculous returns shouldn't be trusted, except everyone in the Bitcoin community has been so conditioned to expect those eye popping returns that it didn't seem abnormal, and that's a case where the mania over Bitcoin has warped everyone's expectations and left them susceptible to being scammed. I don't feel bad about that because the only thing that's going to restore sanity is people losing loads of money and collectively realizing this Bitcoin bubble is not normal and not sustainable. But it's worth noting the difference between something designed to be a ponzi (Bitconnect) and something that only operates as one because everyone is behaving recklessly (Bitcoin). The dangerous difference is that people who are investing in crypto don't realize the risk they've taken on in doing so, because it operates like a ponzi in that you can only ever make the money you take from later buyers, even though nobody has set up crypto to intentionally be function this way.

[Widgetloxz]

You miss the goal of cryptocurrency here, it is not some investment!.
Cryptocurrency was created to facilitate low fees, fast transaction time that no one can control. Not some buy and hold and profit.

Come on, don't be a hypocrite.. Bitcoin being an investment is still part of what it's supposed to be. Although I do agree that it should also be remembered for being secure, fast and cheap, it has sadly failed in that aspect the past 2 years though.

[longskie0327]

You can do what you think is right, investing in crytocurrency have many risk, if you think you sell your all coins is good for you do it. You need more patience and courage when enter in crypto world. I hope this experience give you strength in the future.

[pealr12]

Dont sell everything , always keep some for yourself ,youll never know what will happened next if you sell everything that you have,  there is one exact time to sell them all.

[mobiljonson]

trading in the world of cryptocurrency is basically beneficial and sometimes detrimental to all parties. I think it depends on ourselves who must be smart to analyze a coin price in the market. Do not be rash and if it's a profit then pull your funds so you get a profit not a loss

[azisjz4]

I don't agree with your opinion. I think we must patient see the market, and believe price will be rise. I think it's good time for buy bitcoin and invest in other coin then wait until end of the year or wait until next year.

[Sier86]

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

i am not agree with you at all, just buying and keeping crypto is not good, never buy when market is pumping,im selling it at those moments and when it is  red market and im buying back and got x2-x3 more i had before

[Skyshark]

Not all project, tokens, coins are scam like pyramiding scheme. we all know that there are lots of scams here in cryptocurrency but not all. There are still coins with good project. There are still coins who has alot of potential in the future so why sell them. hold them and earn profit from it

I do agree with you Sir. I have been given a chance to join a bounty campaign last year. And that project was so awesome that they even have their own billboard located only in New York, USA. By this time they have completed already their 2 power plants and another 1 underway. They absolutely have a very magnificent team that were so accommodating. Their vision for their token is so massive, that's why i'm planning to hold this one for a long time.
This magnificent ICO is the very reason why i do believe that NOT all projects are scam.

[irpunfpp]

There are many manipulations in the encrypted market, especially some altcoin. I don't think you should make short term transactions, which can easily lead to losses. It is better to choose a good coin for a long term transaction.

[Pakhi22]

There are not all scam coin there are still also good coin with bright future. i think you choose scam coin and lost your money. my opinion  buy again some good coin and hold them for recover your loss. sell everything not a good decision.

[Daseento]

This is true for project with no use case and with time sanity would return fully into the crypto space. Such project like the bitconnect you mentioned would die eventually.

[Johnzky]

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

How sad what had happen to you mate,my sympathy for this is indeed.

But this does mean we will lost our support to crypto,and i believe its your fault dont blame those you called manipulators because youre the one who's responsible for the trading,and you have choose the wrong coins so you end up losing

[Rana590]

I think it is not right decision to sell everything. Market can be down for some reason but it will recover very soon. We should not panic at the time of dip. In my opinion it is the right time for buying. For investment try to choice real and potential project. Hopefully you will be profitable.

[omfg.xekcep]

Selling on lows is an absurd idea especially to sell futures with a credit leverage. It is your opinion and you may do anything that you want but I do not consider that just right now it is a good situation to sell BTC but if you are completely sure you may sell and some time later you will be a pity.

[Reza1893]

I'm gonna be honest with you all , i have been trading/investing since 2017.



I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.



This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.

it seems you are too arrogant if you have to sell anything let alone things or priority items. in the world of crypto we are not required or not required to impose themselves. just play with what we have now. Well if the money you use is the money needed in a priority why you dare to decide invest in crypto/trade?

[spartanrules]

Of course cryptocurrencies market is a very manipulative. But you can earn on it. Personally I think that we will grow up from this levels to 12000 $. And from 12000$ the price will crash to 3000$, may be even more. That's why now we should only buy and sell in the middle of June.

[Stavri]

if you already earned 100k usd it is a good thing. but crypto market is still growing and i believe that there will be so many good opportunities to make profit. I would cash out only 50% of my investment and continue holding with the rest.

[@maetthan17]

Sell everything ?I think that's a bad idea .you can hold some coins that have the possibility that it will increase soon if you hold it . You can sell some bit not everything.

[BitcoinMarketer39]

Bitcoin has soared and plummeted, playing with a heartbeat, which is actually better for investors with high risk tolerance, because there is a lot of risk here. Bullish sentiment will naturally push up the price of bitcoin, and some political factors will have a big impact on the price of bitcoin.

Its normal for the prices to have a drastic changes because there are different people in the market with different mindset and if they are just a newbie then there is no doubt that they might sell their coins immediately if they feel pressure.

[mlgblockchain]

Yeah, sell everything and start to cry all day long when the crypto currencies boost up again.