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clonely
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January 07, 2019, 01:40:25 PM |
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Now only the true believers and those who have a lot of money may have stayed. The rest have already sold. And there are daytraders. They are the reason for the increase in volume in the market.
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reactorjuno
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January 07, 2019, 01:41:57 PM |
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We'll know at the end of the month if it silly to sell right now, or if it is a smart move. Last year in January we had a dip, same happened in 2017 I think, and same in 2015 (big crash) so some people may think it will happen again before the Chinese Near Year (February 5). If you are a relatively short term trader, then why not.
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DeathAngel
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January 07, 2019, 01:43:11 PM |
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Lots of people with weak hands sell as soon as the first sign of trouble appears. People who makes big money are the people who HODL through tough times.
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Bes19
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January 07, 2019, 01:56:13 PM |
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Those who gave up and didn't trust the project they invested on. There are new trend now "Buy high,sell low" lol They are eventually people with weak hands. They will regret it for sure.I am holding a lot and not planning to sell it in the bearish market
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blockman
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January 07, 2019, 02:11:03 PM |
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The very alternative that I can suggest is to buy at low. Weak hands will never think of that but for long term investors who are aware of these lows as great opportunity to add more will eventually buy at the lowest. I admit that I also sell even during low times, I'm aware of the loss and is a believer of bitcoin for the future but there are circumstances that we can't avoid and forces us to sell.
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ralle14
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January 07, 2019, 02:51:23 PM |
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It's only bad to sell if you're at a loss and everyone who bought BTC is not on a loss. There's probably some early adopters out there that haven't dumped their BTC. A lot of people still sell BTC despite of the price because there are several ways to spend your BTC other than trading it for fiat or an altcoin.
Most alternatives that I could think of involves risk like trading,lending, putting it in a casino bankroll, ICO, etc. Holding your crypto is always the go to option whenever you're on a short term loss.
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tukagero
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January 07, 2019, 03:09:34 PM |
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Im true believer and holder, ive already accepted my losses from the past year so this year hopefully i can get back my losses and get a little.profit by holding some of the hidden gems.
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greeklogos
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January 07, 2019, 03:18:28 PM |
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As I see on an exchanger now people are really selling their coins. I also wonde why? Doest such little raise of the price appeared as a signal to them to take the cash but not to wait for bigger price? Are people so disappointed in bitcoin? All of those questions do not me give a rest and I am thinking about it all the time when I open the exchanger and see all of those red selling numbers.
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Hallmader
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January 07, 2019, 03:21:47 PM |
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Do we have much of a choice right now? If you are not selling then probably you will be sticking it out with your cryptos until such time that the prices are more or less good enough to sell. I am actually left with a choice of selling with a loss or a very minimal or insignificant gain (as I bought some of my coin much earlier) or muster more a little amount patience to wait and hope for better days ahead. I would never sell and lost. And having too little gain after years of waiting and exerting effort and risking my investments is also an unattractive option for me. I would rather HODL on and wait. After all, I am trusting the future of crypto.
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Alone055
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January 07, 2019, 03:22:15 PM |
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Bitcoins that are circulating in exchanges are coming from daytraders who usually use Bitcoin to buy other coins and then sell them off when they get a percentage of profit and then again buy another coin with the Bitcoins. It is not always important that if a Bitcoin is being sold it is from a Bitcoin holder or investor. I myself trade Bitcoins against USDT to increase the amount of Bitcoins I have. I buy on a drop and then sell them off when the price goes a bit higher-- resulting in giving me a little profit out of the trade.
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hubballi
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January 07, 2019, 03:23:18 PM |
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This is the correct time to buy as you can see panic sellers and shortterm traders are selling in high which they bought in low, in view of buying back in low as they are thinking that it will go down back, but i think this is the reverse situation, if it goes as per my view then this week end we can see BTC price above $4600+ even it can touch $5000 level also.
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acheampong64
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January 07, 2019, 03:29:30 PM |
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Well, I think I saw a post recently talking about how we weren't done yet with capitulation and that people are going to sell off more than we have witnessed. Anyway i don't believe that. I think we have indeed reached the bottom now and that the last sell off we saw will hopefully be the real last one. Accumulation is next.
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zenrol28
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January 07, 2019, 03:30:24 PM |
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Everyone knows that this is a bad time to sell.
I didn't knew that. Regrets always come last. If the market go lower in the future, it's still a good time to sell and buy more later. No one knows where the market will be in the future so we can't exactly tell if it is a bad / good time to sell / buy bitcoin. When bitcoin went down to 8k, i thought it was a bad time to sell, but today, i regret holding it. The only alternative i can think is to sell when the good news affects the market and buy when FUD is pulling the market down.
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Willitivity
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January 07, 2019, 04:01:58 PM |
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Regardless of whatever the price is, there .yet always be active trading. Most people are not selling, rather they are swinging. And also most whales who got in at a lower price are selling off now, cause people to panic sell and they can buy in at a lower price again and continue the cycle. Selling now is not a pretty good move unless you just bought in recently at a lower price.
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Jet Cash
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January 07, 2019, 04:05:59 PM |
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I'm so unfashionable. I'm a small and cautious buyer at the moment. I'm having a bit of fun trading small long positions as well, but profits are a bit low - around 50 pence, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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onrise
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January 07, 2019, 04:16:10 PM |
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They might be unaware about the future growth of this coin and how much it could be worth in future . Thus they are selling and their are other people who would be on buying mode so that on lower cost they can buy it and sell when the market rises in future and make money.
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HODL2090
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January 07, 2019, 04:20:34 PM |
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Enthusiast use different strategies. And have different targets when investing initially, and if one has hit his/her target they could pull out profit. It's not a good time to short considering the current price, so I doubt anyone is selling to buy lower at this point. Then there are the weak hands who panic sell. These are all just different dynamics of the market
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pundit
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January 07, 2019, 04:55:14 PM |
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People who need money actually are selling cryptos at this time, those people may be bounty hunters, miners and even investors who bought crypto tokens are went into bad phase of their financial condition. I think this is the right time to hold as many as tokens one can, when market will start recovering every coin will start giving good profit.
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Upgate
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January 07, 2019, 05:35:34 PM |
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Well if you are not selling your cryptocurrency now that means you are holding it.
But I have not tried this personally but there is a way to peg your coin to the current value well this can help your coin avoid any further dip
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