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Author Topic: Won't people sell it ?  (Read 445 times)
AnonBitCoiner
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June 19, 2018, 04:42:51 PM
 #81

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.

You are correct.Both the raise and fall is happened in last year.At the beginning of last year,bitcoin is struggled to reach 2000$.It was come true at the month of August only.In 4-5 months the price of bitcoin reached 19,000$.This is the power of bitcoin as compared to other cryptocurrency.



 

 

 

 

 

 


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Mars,           
here we come!
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ElonCoin.org.
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happen or be a part of it"

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Ridwan Fauzi
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June 19, 2018, 05:10:00 PM
Last edit: June 19, 2018, 05:20:21 PM by Ridwan Fauzi
 #82

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.
I always say, every year the price movement of bitcoin will be different, it means it will not be the same. Bitcoin has drastically increased in price by the end of 2017 and declined in January 2018 and will not be equal to a rise or fall in bitcoin prices in 2018. Every year the world of cryptocurrency will have a problem and good development. As the problem in 2017 is not the same as the bad news that happened in 2018. So someone will not be able to convince the bitcoin price will rise in 2018, or even experience a significant decline. I guess everyone will know about your point, and they will agree with it.
Barbarian
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June 20, 2018, 03:18:11 AM
 #83

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.

Not necessarily because the price could rise to $19,000 and instead of crashing, it could just keep rising to $50,000 or some other high amount. And instead of a crash, we could see a minor correction and then a continued increase after that. I don’t think the pattern is all that predictable. If anyone can make those kind of predictions, they are probably already wealthy.
It is completely impossible to know what it is going to happen you are right on that but at the same time to think we are going to see such a price increase so soon does not seems to me to be possible, but if it happens then I'm completely willing to take advantage of this and if bitcoin reaches my target I will sell.
winterland
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June 20, 2018, 04:38:28 AM
 #84

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!
In order to have great success patience is our tool when market is not good. Some sold theirs due to panic sell so we cannot force them. Instead, believing it will rise and holding we can have profit at a latter end due to price will rise.

People who sold the coin are really felt very bad when the market starts recovering, people who are still believing the Bitcoin will always hold until the price of Bitcoin starts recovering. A higher percentage of the people will mostly panic about the Bitcoin price when it starts decreasing.

It's probably their first time having such losses and it's understandable that panic would easily seep in. As we can all agree, most that panic sold were weak hands that just jumped in to btc due to hype and then bailed out after seeing the market crash. They probably learned their lessons well if they wish to get to btc again
I really think that those that got in the market because of the hype and lost their money in the recent crash are not going to learn any lesson and if they decide they want to keep investing then they are going to lose their money again or it is entirely possible they decide to never invest in this market again, after all if I lost so much money I will be very mad at myself.
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June 23, 2018, 06:52:10 AM
 #85

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.

You are correct.Both the raise and fall is happened in last year.At the beginning of last year,bitcoin is struggled to reach 2000$.It was come true at the month of August only.In 4-5 months the price of bitcoin reached 19,000$.This is the power of bitcoin as compared to other cryptocurrency.
The current market encourages people to buy coins and this is due to the low market price as we know that in a low market we get a lot of coins in large quantity on low price so we can collect a lot of coins which makes a better position same as you load a weapon. So, we have loaded our weapons in this market and waiting for the value to go high and give us the opportunity to sell out for profit.
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June 28, 2018, 08:11:36 PM
 #86

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.

You are correct.Both the raise and fall is happened in last year.At the beginning of last year,bitcoin is struggled to reach 2000$.It was come true at the month of August only.In 4-5 months the price of bitcoin reached 19,000$.This is the power of bitcoin as compared to other cryptocurrency.
The current market encourages people to buy coins and this is due to the low market price as we know that in a low market we get a lot of coins in large quantity on low price so we can collect a lot of coins which makes a better position same as you load a weapon. So, we have loaded our weapons in this market and waiting for the value to go high and give us the opportunity to sell out for profit.

But way more people is selling then buying right now. People bought bitcoin to profit from price growth, but they only got price decline. They are disappointed and are selling. People that already have lots of Bitcoins are buying. But they dont have endless bags of Euros. They put part of their salary in Bitcoin. They want to maybe buy new car since their old is all rusty and since they have in Bitcoins for a small island. But they rather dont and eat old bread and drink water and buy more and more Bitcoins and put them in their heavy bags. Those people cant hold price of Bitcoin so high as it is right now it ss simple.
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June 28, 2018, 08:20:05 PM
 #87

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.

You are correct.Both the raise and fall is happened in last year.At the beginning of last year,bitcoin is struggled to reach 2000$.It was come true at the month of August only.In 4-5 months the price of bitcoin reached 19,000$.This is the power of bitcoin as compared to other cryptocurrency.
The current market encourages people to buy coins and this is due to the low market price as we know that in a low market we get a lot of coins in large quantity on low price so we can collect a lot of coins which makes a better position same as you load a weapon. So, we have loaded our weapons in this market and waiting for the value to go high and give us the opportunity to sell out for profit.
Majority of people are doing the same thing at a moment as they are buying at a low price and waiting for the price to go higher as they are not at all in hurry to sell their coins nor they are worried about the lower price as they are very much sure that price will increase sooner or latter so they are treating current low price as buying opportunity at cheaper price and selling it in long term at higher price at higher profits.


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