I sold off all my Bitcoin today, and you should, too.

[alex M]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Currently the bitcoin value is below, so what to sell when it only gets a loss and I think the decline has ended. so we need a little patience and this should be our time to buy.

This creates panic selling to others who have in weak hands. If selling today a huge lose will have, so why not hold and if you can buy some at this price. We all know bad news coming so in this case we need patient on our btc.

Yes of course. For me panic selling is not the best solution for this downtrend of price. It would only result to continuous dipping of bitcoin's market value. But we cant control some investors and holders to immediately sell off their coins in times like this. And when this bearmarket ends only those who have patience are the winners.

[mkhadazz]

no I do not sell all the bitcoin I have today because it is a very sloppy and stupid act because bitcoin prices are still very cheap and I'm sure you sell when you panic because the bitcoin price falls, you should not do such a thing.

[ice18]

I think you didn't sold any bitcoins  because you dont have at all lol only fools can sell their coins in this market situation there is no profit at all to sell OP make a thread and convince us to dump bitcoins so that he can buy much lower. 

[Ararbermas]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

seriously?  Lol good luck mate i hope didn't repent soon when you notice the market bullish  'cause as now the bitcoin price is gradually increasing and it seems no tends to go down more om this circumstances, hehe well i have doubts also perhaps after month of july it will touch down 7k again and will constantly soar at mid like what others expecting. 

[nl247]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

seriously?  Lol good luck mate i hope didn't repent soon when you notice the market bullish  'cause as now the bitcoin price is gradually increasing and it seems no tends to go down more om this circumstances, hehe well i have doubts also perhaps after month of july it will touch down 7k again and will constantly soar at mid like what others expecting.  

Good luck indeed! He did not sell at the top, at least, when the reversal at around $10k was imminent, but now deciding when there is a possibility of a short reversal to the upper side before the downtrend continues. It is a pity that some people do not have trading knowledge but still they end up trying to make foolish decisions when they should just simply hold and possibly buy more at dips. He is free to sell as no one is forcing him not to, but he should sure know that it is a lot of insane decision to be selling the market at the bottom at least. Really some good luck to him as it looks he just decided to gamble the market.

[beezare]

in my opinion, it does not matter if you sell bitcoin if you've got a profit and then buy it again for a low price, but if you do not get a profit then selling is not a good choice as you will lose and cause the price to go down if many people panic and selling bitcoin

[ToyotaFortuner]

of course not i will not sell bitcoin and some cryptocurrency i have when bitcoin price goes down like this i will hold my assets and when i still have balance then i will buy with balance i have to exploit moment when price fall like this .

[finlandais]

No i won't sell my coins at this time because i know it is of no worth.Its ones own choice to take any decision regaring BTC.Its one of the crucial time for Bitcoin in crypto market and people instead of supporting bitcoin are criticising it.According to me selling at this time is not a good decision.Try to hold them for some more time and wait for bitcoin to jump a little high.I will hold them for some more time and sell only when i feel that i will get a good profit from it.

[gabmen]

of course not i will not sell bitcoin and some cryptocurrency i have when bitcoin price goes down like this i will hold my assets and when i still have balance then i will buy with balance i have to exploit moment when price fall like this .

A lot of people probably feel dragged and tires already from the continous drop and beatings from this bear market that they simply decide to be rid of their btcs. Of course for us that's not hiw it goes since the future is where we look at and not this current trend. And i think we're close now to breathing a sigh of relief.

[wuvdoll]

I think you didn't sold any bitcoins  because you dont have at all lol only fools can sell their coins in this market situation there is no profit at all to sell OP make a thread and convince us to dump bitcoins so that he can buy much lower. 

If there is absolutely anyone selling now at the bottom, when there could be a reversal possibility, then such a person is indeed a big fool.

Yeah, the market may go down a lot lower than it is, but it would not just happen immediately as I expect to still see some little move to the upper side before even testing the lower possibilities. Moreover, it is a lot of risk selling right now, when there is even some form of divergence which could cause some short term reversal to the up side and I sure hope the OP knows what he is doing as it looks from here that he does not.

[PX-Z]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Are you crazy? How could you sell all your holdings on this situation? We are all here to earn money and not to lose, so how do we sell all our holdings if we know that we will lose? Only fools are going to sell their holdings right now and you are one of them mate, and don't make us foolish with your wrong thoughts.

[TokenForUs]

thats your choice, and every peoples getting panic with bitcoin price right now...its normal if you tend to cut your loss rather than loss everything you have. i do prefer to hold my bitcoin and altcoin, hoping huge benefit from short term investment doesnt make a sense to me. we are lossing some money now, no one can predict bitcoin and altcoin's price since the volatility is the biggest risk of cryptocurrency.

[reinielle26]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Well I dont think it is a good idea. Maybe if it is a bit higher maybe I will and then I will buy it again when it dropped so low. But the situation is different so I wont do the same. Its your choice, face the consequences. Dont make us sell our bitcoins just because you already did. Dont let others panic like how you did. We will do what we think is right and thats not selling bitcoin this kind condition.

[magneto]

You could try timing that buy perfectly. More likely than not though, you're going to see that you'll try buying in at lower rates thinking that this is not the final correction coming in BTC's way, and miss out on the true bottom and potentially have to buy on the way up.

That risk is something that I personally don't like taking. Which is why I'm holding onto my position because of the fact that prices can't go much lower than it already is (there will be a ton of buying pressure at $3-4k most likely), and also, if I do sell now, I gain pretty much nothing.

Never go with the crowd sentiment. The popular sentiment right now is panic selling, which means that prices are overly dumped and undervalued. If BTC goes lower than it already is, I'd actually be prepared to buy instead of sell.

[bloodchow]

You could try timing that buy perfectly. More likely than not though, you're going to see that you'll try buying in at lower rates thinking that this is not the final correction coming in BTC's way, and miss out on the true bottom and potentially have to buy on the way up.

That risk is something that I personally don't like taking. Which is why I'm holding onto my position because of the fact that prices can't go much lower than it already is (there will be a ton of buying pressure at $3-4k most likely), and also, if I do sell now, I gain pretty much nothing.

Never go with the crowd sentiment. The popular sentiment right now is panic selling, which means that prices are overly dumped and undervalued. If BTC goes lower than it already is, I'd actually be prepared to buy instead of sell.

then go long with 3x margin at bitfinex, dont just talk so loud 

[Barbarian]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

I hope you like losing money because that is what you have done to yourself, this is why I do not understand when people say they lost money because of bitcoin, that is incorrect, they lost money because of their decision to buy when the price is very high and then sell when the price is very low.

[Morgann]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Its your decisions if you are really thinking negatively about the market today but just make sure that your decisions will give you no regrets in the future because the price can also pump up when people are going to start investing again.

[pungopete468]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Its your decisions if you are really thinking negatively about the market today but just make sure that your decisions will give you no regrets in the future because the price can also pump up when people are going to start investing again.

That's gonna happen very soon and the only thing we need to have is some patience and by the end of the year we will see very high price of bitcoin once again and those who are getting panic and selling it right now are gonna the ones who will regret for sure when they will see bitcoin bouncing back and regaining its position and value which it has done many times in the past.

[JCO05]

Bitcoin prices are about to shit themselves, big time.  Lots of bad news today.  I went to my account and moved to cash.  When it looks like things have settled, I'll buy back in at a lower price and make more profits.

For now, SELL YOUR BITCOINS!!!

Definitely wrong! this is why the market is having a hard time to recover. Due to those people who are not awared on the nature of the market volatility, the market keeps on falling. Investors should know that dumps are tenporary and holding would be the best solution. DO NOT SELL, JUST HOLD in order to earn profit once the recovery starts.

[nanasei]

You will regret for this decision you made in the coming future and will come back to this forum to complain. Bitcoin short term price reduction d es not warrant anyone to sell unless emergency is needed. Bitcoin will rise back