Won't people sell it ?

[batang_bitcoin]

Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?

For sure when the price arrives high again in sometime, many will start selling but we don't know on how long will stay and when decline will come.

If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

We don't know, it can go faster or it won't or it will gradually decline. I hope that this year's increase and decrease is different from before and is going to be on a higher level of increase but lower level of decrease.

[1714950120]

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[1714950120]

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[xuan87]

You got a good point, but it depends on the situation, if the rising is pretty much the same with last year then yes and maybe people will set the selling price below that point, but if the rising is slow and stable maybe it can make the traders or investors to hold longer, and we can make another ath history

[Febo]

won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

"the people" selling it causes the decline, so how can they sell it before it arrives?? I don't think you have a valid point about bitcoin not being able to rise and fall the same way it did last year. If you are following yearly trends which it sounds like you are, then that's all you have to go by, previous yearly data. We are obviously entering a new era, where bitcoins presence is gaining attention. Massive bitcoin trades are happening away from these exchanges, which is not reflected on coinmarketcap for example.

If your indicating the price of bitcoin will increase drastically sooner than it did last year (early nov), what july/august and then fall 3 months later (oct/nov) i highly doubt it. Interesting to see how this year pans out, crypto space is unpredictable. Thats why the majority of us love it so god damn much.

Last year, Bitcoin went through many positive/negative news which made it's price grow so much over the last few months of the year.
There was a reason why BTC had grown so much and hence there should be a reason this time too for it to grow the same as the last time.
It is obvious we cant expect the same growth like the last if there is no reason for us to buy BTC.

Sorry, I don't agree because i don't think its obvious we cant expect the same growth. We are expecting MORE growth, wait until the institutions start pumping the big money into the crypto market. Im not talking a few billion here, im talking a few trillions. Wait until China to lift their ban - lots of money, wait until America jump on board properly, wait until bitcoin trading platform intergrates with the stock exchange, wait until its the masses come...the possibilities are endless. All the countries that were outlawing crypto are slowly changing their minds. People will buy bitcoin at any price, regardless.

All this you mention will need a lots of wait.  Right now people are mainly exiting crypto. Those gamblers that bought at end of 2017 are disappointed and selling to rather go in closest casino where they have at least little chance of wining and get rich fast.  This will go on all this year.  Hodlers are buying as much they can.

[laravuemaster]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

Those people who will not sell their coins immediately when the price of bitcoins reached that high are just greedy and they want more profit and come up losing everything because the market is volatile and the price might go down anytime.

[vintages]

Right now, there are a lot of people whom are truly selling. The dip is causing a lot of panic in most people who feel that the bubble is finally here. This dip won't last forever,  and its unfortunate that many people are losing their patience. Investors whom are panicking should learn to understand that the instant you let your emotions to get a hold of you, one starts acting towards it. In this investment, one needs lost of patience.

[Hannahanto]

The price of bitcoin is very low now so people are getting panic due to this situation people won't sell the bitcoin.we know last year also bitcoin faces the same problem and atlast by the end of last december the growth would be very high. Likewise people are expecting this year also. So they dont sell now and hold it for future to gain more value.

[naughty1]

Right now, there are a lot of people whom are truly selling.

Even I can not sell my bitcoin. Because if I sell, I will lose half of my capital. this is really bad. Maybe I will keep it for a long time and wait for good signal from the market.

[oseikuf44]

People are waiting for bitcoin to reach a price above what they bought for before selling it. Majority too holding it for the purpose that bitcoin has a value more that what is trading now. 

[babygun]

When there is panic in the market, which there is, you will always have people who sell their BTC and altcoins even if they have a significant loss.
All the holders will have profit in the end, but you need to have patience!

[StarofBTC]

I strongly agree with your opinion, judging from your opinion and your opinion is very experienced in this field, being additional from me personally so that we are more alert to the situation and condition of the world of crypto and bitcoin because the fluctuating price causes us to lazy to learn, while to minimize it is advisable that we add data to what conditions the situation causes bitcoin to rise and fall, from the beginning and the data each year, and also to the outside data such as socio-politics that causes bitcoin prices to change, the future expectation of crypto is more acceptable and the government openly endorses it as a new form of the future, may be useful and successful for all of us

People are well aware of the market as the market value is low and incase if one sells in this market then he will pay for his decisions and will lose. This is very common in this market and everyone knows that selling in low market will face you with loss.

We should wait for the real time when the value goes high and our holding currency gains more value which encourage you to sell out in a market like this.

[EnricoGomez]

I definitely agree to not expect this year to be the same as 2017 for bitcoin, to peak again and be somewhere around $20k - bitcoin is very unexpected and unpredictable. Anyway these dips in the current time should not be a worry if you are doing long-term. Being pessimistic is quite advantageous rather expecting something big for profit and being disappointed if it took a turn - always remember to hodl as there will not be a loss, yet or something.

[zinson01]

Based on investors and other reasons the price of btc fallen down so the main problem is for investors also many people banned this issue but predictors predicts like this price will be more after few days later so we cant tell anything now based on this price is increasing nowadays.

[cydrix]

Hold your hand tight cause it's gonna get rough and tough selling for just a loss won't solve anything unless you really need that money but if not then don't hesitate to hold it out until you get what you want from bitcoin all the speculators was mistaken twice by the unpredictable act of bitcoin the expected time to return the glorious days of bitcoin is in ''ber'' months so bear with it a little longer.

[wildan88]

When 2013  the highest price reached $1k, after which a few years later prices continue to decline and difficult back to $1k. and then in 2017 where prices start to touch $1k again and even reached the highest price at $19200. so the conclusion is true, we cannot expect such as last year's, even for the highest price possible reached back takes 1-3 years, and I can say this year is hard to price increases.

[Barbut]

When 2013  the highest price reached $1k, after which a few years later prices continue to decline and difficult back to $1k. and then in 2017 where prices start to touch $1k again and even reached the highest price at $19200. so the conclusion is true, we cannot expect such as last year's, even for the highest price possible reached back takes 1-3 years, and I can say this year is hard to price increases.

Your worlds comes from reasonable mind, but bitcoin price doesn`t move reasonable. Many people saw last year rise and they believe it can happen this year too, I doubt in that like you do, at least 1-3 years waiting, maybe more. After peak in 2013 people waited 4 years for big comeback, maybe we will have to wait 4 years too.
Hope has nothing with bitcoin, people hope for miracles and bitcoin is not a miracle its technology.

[drm]

It is obviously not the smart thing to do, selling with a loss.
But if you really need the money I can't blame you.

[weblouartisan]

As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

In my own opinion, people who will sell their coins are just in the need and most of the people who will still hold are very greedy and they might lose their profit since the market is volatile and that's when the decline comes if the price is very high.

[el kaka22]

When there is panic in the market, which there is, you will always have people who sell their BTC and altcoins even if they have a significant loss.
All the holders will have profit in the end, but you need to have patience!

Panic is not even a good thing and it is always better never to let it affect one's decision most especially for those who are long term investors. That is the idea, create fear in the minds of the weak hands so they can dump and this is because almost those people in that category invested into FOMO, were thinking of the idea of getting rich quickly and now things are going otherwise but forgetting it was actually meant to be a LONG TERM investment. However, it is normal to always see resistance at points like that.

My point is, we can't expect the price to rise and fall the same way as the last year.

We cannot expect the same to repeat but we can expect similar growth to happen in coming months as long as the potentials of bitcoin remains stronger. Those who do not have any doubts on bitcoin's future, wont sell for sure.

[SONG GEET]

The one who sold at loss gonna buy again above the price at which they have sold their coins before out of FOMO when any change occurs in market trend people used to panic a lot so same can happen when market will turn slightly bull. People gonna jump in regardless of price and we might even see way higher ATH price in another bull over $20k. Price has ran from $1k to $20k within a year period just keep that in mind.

[Webetcoins]

Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?

For sure when the price arrives high again in sometime, many will start selling but we don't know on how long will stay and when decline will come.

If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

We don't know, it can go faster or it won't or it will gradually decline. I hope that this year's increase and decrease is different from before and is going to be on a higher level of increase but lower level of decrease.

You should sell Bitcoin when the market value is more than its initial value. By this I mean to say you should always think about maximizing your profits and this can only happen when you sell your coins during the time when you feel to be in profit. They predict the prices of the coin to rise high and beyond $20000 in the end of the year and lets see the market response to the speculations. But a situation which makes well off should be utilized.