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

[Pursuer]

if it was so easy to track what people are doing with their bitcoins that even a shitty news site like the one you quoted could have an statistic like this, then the governments wouldn't have resisted bitcoin's adoption so much as they are doing now
there simply isn't any way of knowing who is doing what with their bitcoins and when they bought and when they sold their coins. anything they claim is simply their imagination.

the funny part of it is that not so long ago CCN was constantly publishing bullish news because price went from $6330 to $6350 and they were seeing moon!

[WillyZ]

I think it is just another article to create FUD in the last hodlers, make the price drop even more to make these times even better for those who are looking for a nice long-term investment opportunity. It's just a great time to buy now and wait for couple of years for the next upswing.

Step-by-step guide:

1. Buy now
2. Hold and wait for next upswing
3. Sell
4. Make a nice profit

[CryptoRama]

So what, let them, let the price drops back to 1000$ so I can buy it again at that price. We will see who will benefit more, the ones who are selling now or the ones who are buying now... That's just another shitty crappy news segment, so all the people who have bitcoin would sell now, right before it'll go back up(ok, maybe in 6months or even earlyer, idc)

[tenakha]

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/

In my opinion it is redundant news. The point is that the panic sales have already started, and sells from 4k by owner and it doesn't matter from which price he has got BTC. It is as though, who bought BTC from 1k signed a contract to sell when the price fell to 4k. I don't understand why everybody are trying to find a reason behind drop, it is just decrease.

[Dudeperfect]

Well, I don't think that it is a blanket statement because there are many investors who have invested considering long-term scenario and selling at this level is much early, in my honest opinion. Bitcoin and entire crypto industry are still in the early phase of development and anyone getting involved even today is an early adopter in my honest opinion. Definitely, there might be the investors who want to exit from the market but they are in minorities.

[Kakmakr]

I want to play devil's advocate here and say that this dump might be a smokescreen for a massive pump that might happen once the SEC has approved the ETF's. They need to buy coins at the lowest price possible and I think this has been a orchestrated dump to push the price down in preparation for the huge pump that is coming. 

You have been warned, this might all be smoke and mirrors my friends.    When large media platforms start publishing crap like this, then you should sit up and take notice. 

[Romeotom]

I bought bitcoin for the complete holding planning in this year ,when bitcoin price goes to down 10k dollar.but I have see now bitcoin price huge down different on the 10k Dollar.so realty today I have got it decided I want to buy more bitcoin again have lower price.and I'm waiting until when bitcoin price again going up 15k dollar over.

[bchain22]

I bought bitcoin for the complete holding planning in this year ,when bitcoin price goes to down 10k dollar.but I have see now bitcoin price huge down different on the 10k Dollar.so realty today I have got it decided I want to buy more bitcoin again have lower price.and I'm waiting until when bitcoin price again going up 15k dollar over.

And that's a great idea. No better time to buy than during the lows. This is the way to make money!

[Pan Troglodytes]

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/

of course it is FUD, the article is just hypothesizing on people's motivation, how the hell can they know who is selling and why?

[eternalgloom]

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's CCN, not CNN :p I've misread that name quite a lot too. Then I visit their website and see it has a very crappy design, sometimes with even crappier articles.
Not really a source that I'd put a lot of trust in.

They're clearly trying to profit from their name being similar to CNN's.

I mean, this particular piece of news could be true, but they're basing this of off the words of one CEO of an OTC crypto trading firm.

[walemil]

None of these FUDs will make me panic. As far as I can see, the people who are involved in this kind of sale are nothing but weak hands. They can sell all their holdings in bitcoin if they like. It will rather give strong people the opportunity to get in a very cheap price.

[JMD07]

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: ~~snip~~

I think this is just to create more FUD to read that news. I feel that those who bought at $1000 last year had been sold their bitcoin when it hit $10,000 or if they missed the all time high they might sell it when it starts to decline. It's too late to react and sell it now.

[satosibtc1000]

I think that only a minority of people act so stupid and sell digital gold at such a relatively low price. Only confident people who believe in cryptocurrency will survive in the market.

[phelbaby]

They should have sold at the point when the high price, that was greed at there own side,they were to sell when the price was at $19000 to $20000.But I still see no wrong in the market for selling at this point.

[Willitivity]

They are still at profit if I should say. But that's not a good trading decision. Having bought for $1000 early last year, it would have been cool to have sold off late last year rather now. I see this article as FUD, one of those calculated attempts to keep the market from recovering.

[bchain22]

None of these FUDs will make me panic. As far as I can see, the people who are involved in this kind of sale are nothing but weak hands. They can sell all their holdings in bitcoin if they like. It will rather give strong people the opportunity to get in a very cheap price.

That's true, but unfortunately, there are lots of these "weak hands" out there who FUD sell and keep dragging the price down.

[freightjoe]

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/

People who bought at 1000$ and sell now are clever. They can still get a profit. The longer they wait, the lower the price. Bitcoin will never rise again

[Jocuserious]

Not have complement for me now time to sale my holding Bitcoin. Because I have bought Bitcoin it is the 2017 last year when price have 15000$.so I have no decision yet selling my Bitcoin asset.but now again I want to buy Bitcoin and can be countinue trading/buy/sale. Basically now it's another opportunity reason to make profitable for me.

[tunapa]

the real investors and traders are not usually affected by this simple seemingly FUD. Everytime is always a right time to buy or sell spending on your decision.  So that some people are selling shouldn't be a FUD.  I first knew bitcoin when it was 600$/1btc and since then people have been investing. There is no FUD for this cases.  People will always sell and buy.

[bchain22]

the real investors and traders are not usually affected by this simple seemingly FUD. Everytime is always a right time to buy or sell spending on your decision.  So that some people are selling shouldn't be a FUD.  I first knew bitcoin when it was 600$/1btc and since then people have been investing. There is no FUD for this cases.  People will always sell and buy.

Yes, but Bitcoin price fell again under $4k. People are getting scared and FUD just takes over.