People who bought BITCOIN at $1000 are now starting to sell, CCN article writes

[wxa7115]

I think for every investor there is a certain point that they have for selling. the $3-4k mark could have easily been the breaking point for a lot of them. Thus the decision to sell now.

But it does not make sense, if they bought when the price was 1000 then why sell when the price has reached its lowest point, why not sell at 10000 for example and get 10 times the money they invested or why not sell at 5000? Once you begin to really think about it you will understand that it does not make a lot of sense for people like that to sell their coins, because it is going to be almost impossible for them to get losses since the price is not going to touch those prices again.

I do not see how those news can be true, to me this is just the media doing what the media does, creating fake news to try to attract people to visit their websites.

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[susuberuang]

I know their feelings so they sell their assets at the current price because they see the price of bitcoin that always falls to make traders who buy bitcoin when the price of $ 1000 sells first because they are afraid if they can not make a profit.

[eaLiTy]

But it does not make sense, if they bought when the price was 1000 then why sell when the price has reached its lowest point, why not sell at 10000 for example and get 10 times the money they invested or why not sell at 5000? Once you begin to really think about it you will understand that it does not make a lot of sense for people like that to sell their coins, because it is going to be almost impossible for them to get losses since the price is not going to touch those prices again.

I do not see how those news can be true, to me this is just the media doing what the media does, creating fake news to try to attract people to visit their websites.

It is just a fake website which chunk out news without any authenticity and never follow those fake media outlets, as you mentioned it does not make any sense for investors to sell when the market is low when they could have earned a good profit when the price of bitcoin touched an all time high and when the market fell everyone usually book their profits and wait for the market to settle down and no one will sell when the market bottoms. 

[Ozero]

I know their feelings so they sell their assets at the current price because they see the price of bitcoin that always falls to make traders who buy bitcoin when the price of $ 1000 sells first because they are afraid if they can not make a profit.

This means that the holders of cryptocurrency lose confidence in the possibility of further growth in the price of Bitcoin. It’s very silly to sell bitcoin when it has now dropped to a very low price. People may have various problems with money and therefore they are partially forced to cash in Bitcoins at any existing price. I do not really believe that they just began to massively sell bitcoins because they do not believe in their further growth.

[samuraijin]

Honestly, as long as I know Bitcoin, I never read news stories that contain FUD, of course it will damage all market prices, making everyone panic, by reading news like that, I am very confident that 1000 $ bitcoin buyers have investment experience and insight that's enough that they won't sell it this year ...

[senin]

Michael Moro, who is a CEO of a major crypto trading company, talks about how people who bought into Bitcoin at the beginning of 2017 at $1000, are now starting to sell their coins. Is this an indication of massive FUD? Is this the time where we should buy and take advantage of the FUD sellers?

When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now?


Source: https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/

As most of the news, this is also a fud news and not have any real reason to be accepted as a true news. Why would those who bought at 1000$ will sell now at 3800$ ? They could have sell it at 19000$ or 15000$ and in worst cases 10,000$. There is no point in waiting for btc to fall so much and then sell at so low profits.

I do not think that people in November last year massively sold their bitcoins. If it was, then due to some life circumstances, when urgently needed cash. It was foolish to sell bitcoins of several thousand dollars, when more recently, everyone saw its price of about $ 20,000. This is really written as news, just to write something. Today we see that bitcoin is the opposite; people buy, and whales also buy them. This means that the growth of the cryptocurrency market will begin soon.

[Jating]

We really know who did really sell their bitcoin last November, the people behind the BCH SV to finance their hash war with BCH.

But for early adopters who get it at $1k, doesn't make sense to dump it around November. They are smarter than an average investors so I don't think that they are so stupid to sell their stash even with the price goes to $3k. Those who sell are those who did believed this FUD along the way. There are a lot of investors who still has confidence in bitcoin so I doubt they really sell.

[XZERO1]

The fact that still there are some people that care about and follow these websites that literally making money by creating fuds and shit really boggles my mind...

How do they know that they started selling?, There are some archival data on internet regarding these kind of information that I don't know about ?

Just do yourself a favor and stop caring about these shitty made up news that are based on absolutely nothing and focus on just following the trend if you are a trader or invested in crptocurrency and put a stop loss on your every bought token/coin to avoid losses when/if market goes for another downtrend.

[Indamuck]

Don't be like these guys. Rebirth of Bitcoin is coming like a Phoenix. Just remember my words.

The problem is people aren't willing to hold through all the dips especially new investors.  Past charts tell us is all you have to do is hold and it pays off greatly in the end.  Bitcoin hitting 20k from current prices is a 5x return on investment which is spectacular compared to normal investments.

[Beerwizzard]

Don't be like these guys. Rebirth of Bitcoin is coming like a Phoenix. Just remember my words.

The problem is people aren't willing to hold through all the dips especially new investors.  Past charts tell us is all you have to do is hold and it pays off greatly in the end.  Bitcoin hitting 20k from current prices is a 5x return on investment which is spectacular compared to normal investments.

It is obvious that Bitcoin was way overhyped at the past. Every media talked about it and now many of newbie investors lost much money and got disappointed in cryptocurrencies. Cryptos won't probably get their trust back.
So why BTC should grow to 20k again? And don't count on your blind faith that it was like that in the past.

[MFahad]

Michael Moro, who is a CEO of a major crypto trading company, talks about how people who bought into Bitcoin at the beginning of 2017 at $1000, are now starting to sell their coins. Is this an indication of massive FUD? Is this the time where we should buy and take advantage of the FUD sellers?

When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now?


Source: https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/

Actually this article true or not, but if anyone who bought bitcoin in $1000 and they are starting to sell their bitcoin, so i don't think that it is a bad thing, they have a triple profit on it and it is their choice to buy or sell.
About me, I bought bitcoin less than $1000 but i hold it for 3 years and i have seen when bitcoin was $18000, and i lost that chance that's why i will till hold when bitcoin come again at $18000 and on it, i don't feel panic.

[tunapa]

At all times there must be selling and buying of a coin to ensure and boost its liquidity. When  people selling at a time and others are buying dosent mean they are those that bought at low price. Moreso anyone can sell his/her bitcoin at will without any rule of when to sell or not. So it dosent matter whether people who bought bitcoin at 1000$ are selling or not , what matters is there is continuous trading actions.

[xWolfx]

I've even sold it when the price touched $ 15,000, if they sell at this time when the price of $ 3,000 feels like kissing the ex-lover's ass, so I think holding it better won't even be possible to touch back on their purchase price of $ 1000

Ok that was pretty smart of you to do so, that is very impressive.

I would like to surround myself with people who is able to tell this kind of things to learn from them and i would help if they need anything reasonable on the future.

When you are in a bad environment, then you notice the huge importance of having smart friends. Not that easy to find.

[posi]

At all times there must be selling and buying of a coin to ensure and boost its liquidity. When  people selling at a time and others are buying dosent mean they are those that bought at low price. Moreso anyone can sell his/her bitcoin at will without any rule of when to sell or not. So it dosent matter whether people who bought bitcoin at 1000$ are selling or not , what matters is there is continuous trading actions.

There will always be a continuous trading actions buddy because bitcoin is yet to reach global adoption and more people are still interested in buying some but the fact that some people who buy during the time of $1K price are now selling is not something good because it will affect the market surge in price this was the concern of the community.

[ranman09]

Nice try CNN, I bought nearly all of mine below $1000 & I’ve only sold about 10%. Definitely holding through to after the next halvening. There will be fireworks then.

It was just a kind of speculation or they only did a small survey, the person who bought at $1000 and missed ATH last year,
must still be holding it up until now. even I bought at a price lower than that and still kept it now

Me too I would like to know where they got this information. Do they hold some kind of list public wallets of those who bought at $1000?

When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now?

For me, I started joining campaigns here at that time. I didn't have the money back then. When I had some I bought but sold some near ath. I have some left on my wallet trying to hold them longer.

[Zythiphill]

Of course reasonable investors buy at such moments when the market panics and sell when everyone starts to buy and believe in eternal growth, I think such moments need to be able to catch , and now the market is such a time!

[lyks15]

The first time that I bought bitcoin cost 700k php per bitcoin last march 2017. And when the time that price will rise up to million pesos per bitcoin I already encash it.  Now I have a some small amountband I dont have any plan to encash it and I want to hold it. I know it is not practical because itvis too risky when you based on bitcoin's value today but I am hoping and waiting for the million pesos value per btc before I encash it.

[AjithBtc]

People who bought when the price was around $1000 intending to sell by the present market is no long a big thing. In my view most of these were the people who missed the opportunity to sell at the peak and buy back when the price drops low. In this way this is not gonna make a big impact on the market.

[eaLiTy]

People who bought when the price was around $1000 intending to sell by the present market is no long a big thing. In my view most of these were the people who missed the opportunity to sell at the peak and buy back when the price drops low. In this way this is not gonna make a big impact on the market.

It makes no sense for someone to sell at this point when the market is showing signs of recovery, the thread is started last year when the market was bleeding and was showing no signs of recovery  , people who missed the opportunity to sell at the peak will not sell at this time, if there is a massive sell off from anywhere there will be an impact in the price movement.

Honestly, as long as I know Bitcoin, I never read news stories that contain FUD, of course it will damage all market prices, making everyone panic, by reading news like that, I am very confident that 1000 $ bitcoin buyers have investment experience and insight that's enough that they won't sell it this year.

Serious investors wont fall for these stupid claims, just take a look at all the FUD stories, as they will not publish any other detail on how they come to a conclusion but write a detailed story on the subject without giving any valid source of study, just ignore those news and follow the market.

[Moshaid]

If it's the case of those that bought at $1k and selling at $4k then I see no problem in it. Simply because everyone has their preference in what they want. They might be thinking they made *4 of their investment in selling now which they made not thinking about the sorrow those that sold bitcoin so low some years back are now regretting. I don't see this as an act of FUD but reckless investors who can't see what the future contains.