Lets all not cash out and make it go upto $8500

[sann111]

Guys listen up,

Please lets all not cash out at all right now, its allready down 25%, Lets just wait for it to go to $8500 before we cash out. Can we do that?

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[trecore4]

It’s not that easy to tell everyone, the crypto community is bigger than the forum and there are lot more people in this world who invest into bitcoin and do whatever they like to do. Most of the numbers seems to me of those people are weak hands and due to that we are not going to maintain the balance unless they stop selling. But they are week hands so we can’t really stop them selling. This is what happens in the decentralised chain, everyone is their own bank and they will cash out as and when they want. With the current fall of bitcoin everyone is getting panicked and that’s not gonna help much.

[pooya87]

Guys listen up,

Please lets all not cash out at all right now, its allready down 25%, Lets just wait for it to go to $8500 before we cash out. Can we do that?

it is the same thing as telling people not to buy when the price is rising! nobody is going to listen, and why should they. it is the current ongoing trend whether we like it or not. you should go with the flow not against it. of course that is for traders, and if you are not a trader then you shouldn't be bothering with buys and sells this much.

also i should mention that you seem to have forgotten that what the price was and currently is! it is not a 25% drop it is a total of nearly 70% drop from ATH.