Jwillimsgator (OP)
Newbie
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Activity: 1
Merit: 0
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January 21, 2018, 09:54:21 PM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
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minersday
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January 21, 2018, 09:56:36 PM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Say thanks to all the newbies who are following their greedy feelings, this is just how it works. They just want to make more money, why do you think that this is just a whole process who is always being repeated? Just enjoy mate, relax for a while and you will see that this is something temporary (if that is what you are asking for) This is temporary, just like all the other dip's. |
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ChiBitCTy
Legendary
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Activity: 2254
Merit: 3009
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January 21, 2018, 10:03:31 PM |
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Excuse me it’s ..*HODL
To follow up on that a bit this is natural and if you hodl it will pay off for you in the long run (just like you mention if you believe in a project than stick with it, basically. This is why Bitcoin will succeed- many truly do and are)
Traders are going to be there no matter what. The value will always go up and down, that’s natural. Let’s not forget this is not a traditional “investment” and it’s meant to be used as a payment system.
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InBe$ToP
Member
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Activity: 322
Merit: 36
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January 21, 2018, 10:04:22 PM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
I agree with you, need to hold. |
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Bitophile
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Activity: 62
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January 21, 2018, 10:08:39 PM |
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Stop buying high and selling low
It does not always workout either. I had lost a lot trying to do that in few alts and a few alts I HODL actually have gained more. |
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waltdanger
Newbie
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Activity: 8
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January 21, 2018, 10:18:07 PM |
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Market cap is a useless number to ever look at with crypto, it's a zero sum game. Just two players in a zero sum game can bring the market cap to any arbitrary number.
Imagine you create a new crypto, and mine 1 billion coins for yourself.
Your friend also creates a crypto, and mines 1 billion coins for himself.
You tell your friend "I'll give you a thousand dollars for one of your coins, if you give me a thousand dollars for one of my coins" and you both agree. You exchange $1000, meaning $0 between you two.
Last sale price of one of your coins? $1000. Last sale price of his coin? $1000. $1000 x 1 billion = 1 trillion. Congrats, you are both the world's first trillionaires in terms of market cap. Despite the fact that $0 has really been exchanged.
Instead, you need to look at if you are putting money INTO the system, or taking money OUT of the system. If you take out more money then you put in, you made a profit and are winning the game. If you put more money into it than you take out, you take a loss and are losing the game. Guess what holders do? They lose. The only thing you are holding is the bag.
The fact that HODL is a meme and an army of people are trained to sit there and take it is why professional traders love crypto. In any other financial market, the investors generally know they must be defensive at all times. You don't hold a losing asset. You get rid of it, and when it represents good value again, you rebuy in at a lower rate. You save yourself from loses and maximize gains. HODLers are such noobies that they make crypto markets easy prey for manipulation.
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w5pn73
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January 21, 2018, 10:28:48 PM |
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Let them do it, free money  |
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SakinaPrincess
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January 21, 2018, 10:34:12 PM |
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The new people who come to the crypto world more affects the pricing. They quickly become panic and sell. And rest of the people suffers.
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tuskacz
Newbie
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Activity: 56
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January 21, 2018, 10:44:38 PM |
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They seem to be selling today and do not listen to you  bitcoin down 11% since yesterday. |
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Vatimins
Sr. Member
Offline
Activity: 987
Merit: 289
Blue0x.com
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January 21, 2018, 10:47:17 PM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
I absolutely have the same sentiment. Bloodyhell. These weak handed People are really messing the market up. Literally! These panic sellers, although they do not mean it, always buy high and cut losses after seeing just a small correction. Clearly, these people really don't know sht about what they have gotten themselves into and just invested out of greed because they saw the hype on december. Oh well, fck these retards. At least I get to buy more of the bitcoins and altcoins that i like. |
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Suharti12
Member
Offline
Activity: 350
Merit: 10
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January 21, 2018, 10:48:04 PM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
Many mistakes in trading that always panic selling that resulted in us to lose, and do not continue the panic attitude of selling because it is really dangerous to our finances, we better be patient and we come to buy when prices fall in. |
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Fileiro
Member
Offline
Activity: 134
Merit: 10
quarkchain.io
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January 21, 2018, 10:56:01 PM |
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Market cap is a useless number to ever look at with crypto, it's a zero sum game. Just two players in a zero sum game can bring the market cap to any arbitrary number.
Imagine you create a new crypto, and mine 1 billion coins for yourself.
Your friend also creates a crypto, and mines 1 billion coins for himself.
You tell your friend "I'll give you a thousand dollars for one of your coins, if you give me a thousand dollars for one of my coins" and you both agree. You exchange $1000, meaning $0 between you two.
Last sale price of one of your coins? $1000. Last sale price of his coin? $1000. $1000 x 1 billion = 1 trillion. Congrats, you are both the world's first trillionaires in terms of market cap. Despite the fact that $0 has really been exchanged.
Instead, you need to look at if you are putting money INTO the system, or taking money OUT of the system. If you take out more money then you put in, you made a profit and are winning the game. If you put more money into it than you take out, you take a loss and are losing the game. Guess what holders do? They lose. The only thing you are holding is the bag.
The fact that HODL is a meme and an army of people are trained to sit there and take it is why professional traders love crypto. In any other financial market, the investors generally know they must be defensive at all times. You don't hold a losing asset. You get rid of it, and when it represents good value again, you rebuy in at a lower rate. You save yourself from loses and maximize gains. HODLers are such noobies that they make crypto markets easy prey for manipulation.
So the dumb noobies who 'sat there and took it' from the time bitcoin was 5$ till now really needs to learn how to 'trade' from a guru like you, huh? The fuck outta here with that shit.. |
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Crypto Piece
Member
Offline
Activity: 166
Merit: 43
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January 21, 2018, 11:00:28 PM |
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HODL 4 LIFE! |
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Whibu
Jr. Member
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Activity: 186
Merit: 3
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January 21, 2018, 11:12:37 PM |
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Panic selling is one that can damage market prices and panic selling can experience loss and disappointment, do not often panic selling.
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waltdanger
Newbie
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Activity: 8
Merit: 0
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January 21, 2018, 11:22:34 PM |
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So the dumb noobies who 'sat there and took it' from the time bitcoin was 5$ till now really needs to learn how to 'trade' from a guru like you, huh?
The fuck outta here with that shit..
Yeah those people generally don't exist. They mined back when it was $5 and sold when it was $10 or 20 for 400% profit. They didn't have the ability to read the future and think "if I just hold til December 2017, this will be worth $19000". Most of the people who actually make it rich with Bitcoin are scammers and hackers. Or drug dealers who had Bitcoins left in an old wallet they forgot about, then saw the news and said "bitcoin is worth HOW MUCH?!" . Hard drive failures, giant hacks and scams, forgetting passwords/passkeys, etc makes people who got rich from Bitcoin a rarity. I got out of the trading market @ 12700 because the Tether manipulation/pumps/price fixing going on the last 3 days is too great to ignore now. The scam in the works is larger than Mt Gox as you will see in the coming days. Can you hear the Tether printer warming up again? edit: uh-oh, I said something negative about the near future prospects of Bitcoin. Must just be spreading FUD cuz I am secretly a banker scared of crypto. |
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tabas
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January 21, 2018, 11:25:08 PM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
Popular mistakes of newbies today, they invested when the price is high and doesn't look to the long term value of bitcoin instead they are being changed by the sudden price drop. Let them do it, free money For you and other day traders but I feel pity for them who sold lower than the price they bought and thinks that it's the end. |
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mrcash02
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January 21, 2018, 11:30:20 PM |
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It's true. The little fishes are just giving all their coins to the big holders, so these whales can have more money being stored for the long term, while the little fishes are constantly exchanging six to half a dozen. And from time to time, the whales drop some coins on the market, so a dump happens again, they buy everything back and keep doing this... And the reason why they have success is only one: panic selling.
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filharvey
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January 21, 2018, 11:37:21 PM
Last edit: January 24, 2018, 12:53:28 AM by filharvey |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
You are right. But the newbies would continue to buy high and sell low in panic.Actually they are destabilizing the price by doing this way.It would be far better for the market if they stay away from buying and just selling in panic. Actually they don't do any analysis and just buy crypto coins with a dream of getting rich quickly.If there were no early investors who steadily hold the coins,then the market would have already crashed much earlier. |
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samcrypto
Sr. Member
Offline
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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January 21, 2018, 11:37:31 PM |
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Stop buying high and selling low you are just draining the market cap... if you bought something you should have done your homework and believe in the project and If that is the case then stop whining when it drops 30-40% following BTC. Then you selll in a panic and poof there goes market cap....
Hold your shit and let New $$$$ come into the market. Stop giving it to the millionaire day traders manipulating the share prices...
End of rant
I absolutely have the same sentiment. Bloodyhell. These weak handed People are really messing the market up. Literally! These panic sellers, although they do not mean it, always buy high and cut losses after seeing just a small correction. Clearly, these people really don't know sht about what they have gotten themselves into and just invested out of greed because they saw the hype on december. Oh well, fck these retards. At least I get to buy more of the bitcoins and altcoins that i like. Newbies are trying to make money easily which is not easy, they should equip with the right knowledge and stop selling through their emotion. This is really right that millionaires are trying to make more millions thru newbies who are trying to become a trader without proper education. Hey! start learning so you will not loose money in the future, start investing on yourself. |
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SUDARMONO
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January 21, 2018, 11:39:15 PM |
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most of it is done by beginners who often buy when high and when the price drops he experienced panic and think as soon as possible to sell at a cheap price regardless of the losses they get, it is very dangerous financial, we must always learn about the science of trade and train our patience, it input from me.
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