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Author Topic: I just sold all my Bitcoins  (Read 464 times)
Enjel (OP)
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January 17, 2018, 03:52:50 PM
 #1

Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.

Using crypto to pay for college.
Bloomie
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January 17, 2018, 03:55:43 PM
 #2

No reason to panic. Panic is for the weak. Go watch a movie or something and don't worry about anything. In a couple of weeks we'll be back in the 14-15k range or higher.
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January 17, 2018, 03:56:22 PM
 #3

you are right except for the part about the recovery

vladimir21
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January 17, 2018, 03:56:22 PM
 #4

f you stay here you will be fucked to death, and nobody here will care, much of BITCOIN is just about people stealing from the weak, like this HODL bullshit, where your supposed to hold on to a rock while it sinks,

R these PUMPERS going to be there for you when your broke? Hell no,

Most of the pumpers on this forum are bots, and they're ran by the exchanges to get the idiots to keep day trading


ALL EXCHANGES = WE'RE CLOSING OUR EXCHANGES BECAUSE WE'RE GETTING TOO MANY NEW USERS!!! NICE SCAM SCHEME

HHAHAHAHAHAHAHAHAHAHAHAHAHAH
Nosk
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January 17, 2018, 03:57:42 PM
 #5

Lol you almost got me with that title.

Anyway, still wondering if wouldn't be good to sell just 20% of my btc to buy back at the bottom. But I have the feeling that I'm cursed with every move I do so... pursuing the hodling.
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January 17, 2018, 04:03:54 PM
 #6

Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.

Your rhetoric is eerily similar to that of the leader of the cult Heaven's Gate, who back in the 90s had a bunch of nitwits convinced that there was a spaceship behind the sun and all the cult's members had to do was commit suicide in order to get there. And while I highly doubt that you have the same persuation skills, you definitely have the same insanity skills. NOONE knows what will happen next.
Enjel (OP)
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January 17, 2018, 04:06:05 PM
 #7

Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.

Your rhetoric is eerily similar to that of the leader of the cult Heaven's Gate, who back in the 90s had a bunch of nitwits convinced that there was a spaceship behind the sun and all the cult's members had to do was commit suicide in order to get there. And while I highly doubt that you have the same persuation skills, you definitely have the same insanity skills. NOONE knows what will happen next.

I mean, did you know that whenever someone says "x" it is really interpreted as "I think x".

I don't think people on these boards are stupid. In fact, crypto investors are some of the smartest people out there, because they are not sheep.

Using crypto to pay for college.
Enjel (OP)
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January 17, 2018, 04:07:47 PM
 #8

Lol you almost got me with that title.

Anyway, still wondering if wouldn't be good to sell just 20% of my btc to buy back at the bottom. But I have the feeling that I'm cursed with every move I do so... pursuing the hodling.

My strategy is that, if I make profits, I always take a cut of those profits (whether by day-trading or appreciation) and put it into fiat. It's usually less than 50% of appreciation.

To maintain the number of coins I have, I do occasional day-trading.

It's OK to take some profits, but so many people are panic-selling. We may see a little bit more of this over the next few days, but after that the recovery should happen, in my opinion, based on my personal TA, and historical trends.

Using crypto to pay for college.
Nosk
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January 17, 2018, 04:10:54 PM
 #9

f you stay here you will be fucked to death, and nobody here will care, much of BITCOIN is just about people stealing from the weak, like this HODL bullshit, where your supposed to hold on to a rock while it sinks,

R these PUMPERS going to be there for you when your broke? Hell no,

Most of the pumpers on this forum are bots, and they're ran by the exchanges to get the idiots to keep day trading


ALL EXCHANGES = WE'RE CLOSING OUR EXCHANGES BECAUSE WE'RE GETTING TOO MANY NEW USERS!!! NICE SCAM SCHEME

HHAHAHAHAHAHAHAHAHAHAHAHAHAH

Dude you should stop, you'll get banned or something


Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.

Your rhetoric is eerily similar to that of the leader of the cult Heaven's Gate, who back in the 90s had a bunch of nitwits convinced that there was a spaceship behind the sun and all the cult's members had to do was commit suicide in order to get there. And while I highly doubt that you have the same persuation skills, you definitely have the same insanity skills. NOONE knows what will happen next.

Of course nobody knows. But it seems like we're approaching the bottom, or we will have a new low peak.
The second possibility seems unlikely to me, given the huge 24h volume there was. Smart people bought at sub 10k$ and now they'll wait for profit.
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January 17, 2018, 04:12:22 PM
 #10

Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.

TA depends on the reader I suppose. Real Crypto on youtube, who predicted the first crash last month fairly accurately, has provided a pretty good charts based case that we're entering a bear market for a while before things will go up again. Who knows though, no one can guarantee anything. We can only speculate.
Nosk
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January 17, 2018, 04:14:02 PM
 #11

Lol you almost got me with that title.

Anyway, still wondering if wouldn't be good to sell just 20% of my btc to buy back at the bottom. But I have the feeling that I'm cursed with every move I do so... pursuing the hodling.

My strategy is that, if I make profits, I always take a cut of those profits (whether by day-trading or appreciation) and put it into fiat. It's usually less than 50% of appreciation.

To maintain the number of coins I have, I do occasional day-trading.

It's OK to take some profits, but so many people are panic-selling. We may see a little bit more of this over the next few days, but after that the recovery should happen, in my opinion, based on my personal TA, and historical trends.

I never invested anything. Technically I'm in 100% profit. I hate to give myself "objectives" in crypto (like "sell when you have XXXX€", "sell when the price is falling so you save at least XXXX€"...) so I don't really know when and what to sell. First world problem  Grin
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January 17, 2018, 04:16:22 PM
 #12

you are right except for the part about the recovery
But, I feel he is very right in every part except the subject of this topic. Recovery is inevitable but we cannot be sure when it will take place. I am somewhat confident before end of this month we can see bitcoin prices to start flying again toward 30k dollars as I am believing 100k dollars as year end target price levels.

Having more patience and waiting for bitcoins to bounce must be a right options in front of all the bitcoiners. But I am not seeing this action with most of them as market still face huge selling pressures.
Enjel (OP)
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January 17, 2018, 04:29:49 PM
 #13

Lol you almost got me with that title.

Anyway, still wondering if wouldn't be good to sell just 20% of my btc to buy back at the bottom. But I have the feeling that I'm cursed with every move I do so... pursuing the hodling.

My strategy is that, if I make profits, I always take a cut of those profits (whether by day-trading or appreciation) and put it into fiat. It's usually less than 50% of appreciation.

To maintain the number of coins I have, I do occasional day-trading.

It's OK to take some profits, but so many people are panic-selling. We may see a little bit more of this over the next few days, but after that the recovery should happen, in my opinion, based on my personal TA, and historical trends.

I never invested anything. Technically I'm in 100% profit. I hate to give myself "objectives" in crypto (like "sell when you have XXXX€", "sell when the price is falling so you save at least XXXX€"...) so I don't really know when and what to sell. First world problem  Grin

My profits are up pretty high, and we will have to see a *real* crash like what we saw in 2013 for me to go red.

But day-trading on crypto is so good for passive profits... and I was talking in that context...

Like, if PRL is trading on Cryptopia (low volume) for 15% higher than on KuCoin (high volume), I can sell some on Cryptopia, and I know I can get more PRLs with arbitrage.

And then, if PRL goes up in value, I can sell some PRL to recoup, and still end up having more PRLs that before.


Everything relating to crypto virtually is a 1st-world problem. Unless you live in Venezuela and it's your last hope.

Using crypto to pay for college.
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January 17, 2018, 04:30:14 PM
 #14

No one has though that if BTC is going down and people can sell their #BTC is because there are people buying those $BTC at that low price... You must ask yourself...why are people buying my panic sell if BTC is going to die?...because they are cleverest than you...
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January 17, 2018, 04:35:06 PM
 #15

Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.

If a person knows how to deal on the situation like this, then surely they have some sort of analyzation on what will be their next move.

Technical analysis is just a reference but overall, a one quick sudden event that may trigger massive pump or dump will spoiled all the technical analysis even how professional and backed up it was. So in here we can conclude that it's really reasonable to continue holding those coins that are fit for long term holding even it's already showing a negative profit on our side.

Id rather sell early when the price is on massive pump rather than sell it when in the middle of bloodbath. Let's see what will happened next.

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January 17, 2018, 04:43:37 PM
 #16

Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.
I think this is due to angry whales so eating small fish like us,how could the BTC price go down so fast and ALTcoin did not do strong defenses so they also went down very badly.This was due to the bad issues that often happened earlier in the year and also I think BTC will be further down 7K$.

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January 17, 2018, 05:19:10 PM
 #17

All of us here are only giving their prediction about what will happen in the crypto in the incoming couple of days, iam happybto read that some users are continuous believing that they will recover after the hard dump happens, but still there are users hating bitcoin but why they are here? I thubk they are only bitcoin earners and not an investor that is why it is easy to them bashing bitcoin.

For me i would continue to support bitcoin and the value still huge for me since i started here in crypto currency world.

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January 17, 2018, 05:44:08 PM
 #18

Right now, in Coinbase it is trading at around $10,200 per coin. The demand looks quite weak, as there is an oversupply of coins especially in the South Korean market. There is still a premium of around 20% in the Korean exchanges such as Bithumb and Upbit, but the order books are full of sell orders. And for the first time, the first two exchanges with the highest Bitcoin volumes are from outside Korea.

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January 17, 2018, 05:58:15 PM
 #19

Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.

I really thought that you have dump everything at this current price. This is a steal to buy and create a "nest-egg" for us today and hatch it in later years.

The price touched $9K but not lower, I see that it move to $10K but the resistance is not that strong. Maybe we are going to see it going down to $9K again. We will see how it goes.

I agree with you, next couple of days will be critical, as more waves of panic seller gone, we will see a lot of new faces and old flocking to the ecosystem and buying back bitcoin. And as a result pushing the price to 5 digits once more. This set back is just temporary. So it's really good not to panic and just hodl on our coins.

R


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January 17, 2018, 06:05:10 PM
 #20

No one has though that if BTC is going down and people can sell their #BTC is because there are people buying those $BTC at that low price... You must ask yourself...why are people buying my panic sell if BTC is going to die?...because they are cleverest than you...

It is ideally the best time for people to enter who where looking to buy should be buying now. You would be minting money in just couple of months by investing now. This dip phase will be over soon and then the bull run will starts which will help you to make the money.

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