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Author Topic: BTC is gain or loss?  (Read 740 times)
iMark
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August 25, 2019, 12:18:19 PM
 #21

This is the last thing you should do whatever the situation,,, ask people on this forum.

Do what you want to do with it but plan first what is your expectation.

Do you want to hodl for long term? Then set a timeframe for this.
Do you want fast profit? Set your profit margin for this.
What is the amount you are willing to lose? Set this as your stoploss.
Yeah because this is part of your investment plan, don't lose money just because you don't have a good plan for your investment. You must goal.  Hodl for long-term or for trading. Set your goals, set your amount of stop loss. then after that improve your strategy and abilities in crypto trading and investment. Bitcoin is gain if you manage investments well
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August 25, 2019, 12:28:46 PM
 #22

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry

The bitcoin price isn't moving anywhere,which is kinda weird.Maybe the price volatility is so low,because most of the big traders and crypto whales are on vacation. Grin
BTC price will go down to 1000 USD some day.I'm pretty sure about that,but the important question is when will this happen.I'm not a bitcoin hater,don't get me wrong,but the western world will ban crypto trading and mining some day.We just have to HODL for the right time and sell at the highest possible price.

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August 25, 2019, 01:40:51 PM
 #23

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry
Do not listen what some people say. Do you own research, analysis, learning. If you are convinced that it will down to $1000 then isn't it wise to sell the BTC you have now and buy again? With the price you will get I think you can buy 10x amount of BTC then.

You will get 90% discount!
I agree we all have different opinion you would see that there would be some people who would tell you to sell and there are some who would tell you to hold.
So you should be the one to decide on your money it would be your loss or gain so you are the one who should know how to manage it.

By the way, mine was a sarcasm LOL

I in my right mind can say that the possibility for Bitcoin to go down to $1000 is very near to zero. I ain't going to sell my coins unless it hit's $100K or over. Untl then I am going to keep fucking my one and only girlfriend :-P

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Reid
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August 25, 2019, 02:37:55 PM
 #24

Dont believe to much in gossips.
Some of them are just doing it to take out the weak holders specially newbies.
If you aint that strong then you will bite at it. But take it as a lesson.
That way you gain experience and could use it for a lot of times specially in the crypto industry.
el kaka22
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August 25, 2019, 03:55:26 PM
 #25

Believe me there needs to be a lot of stuff going bad in order to get bitcoin to 1000 dollars, it is almost impossible at this stage of bitcoin, if we go into bear run then you will have a lot of time before we reach there as well, nothing can make bitcoin go that low quickly, it would take over a year to reach there in the end. So, unless we go into some bear spiral soon there won't be any sort of going down and definitely not any sort of going down that much.

Maybe we will have some sort of increase on this that would see it go a lot higher and then we will drop to a price that is higher than this, that is the only feasible approach right now for a big drop, like lets say price goes to 30 thousand and then drops to 15 thousand, that is 50% lost which is bad but still higher than now.

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JohnBitCo
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August 25, 2019, 04:48:32 PM
 #26

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry

Who said that bitcoin will go down to 1000$ and you believed it  Cheesy
When bitcoin was 3200$, many people predicted that it will touch 2000$ or 1000$ but that never happened. Now that bitcoin is above is above , how can anyone believe this 1000$ prediction.

There is only one way that bitcoin goes to 1000$ or even zero. Guess what it is ?  Only if there is any flaw found in the bitcoin blockchain which is not possible.
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August 25, 2019, 08:33:01 PM
 #27

I think you are just creating this topic just to pull our legs and you also know the truth yourself because your activity is up to 406 which means that you have been very active in this forum for a long time and looking at your account, it was created since 2017, so I think by now, you should have really been much more mature about bitcoin for you to be listening to those lazy ass that wants to just create unnecessary panic thinking that they will get the opportunity they have never gotten before or missed when bitcoin was $1000.

That is there wish that can never come through and I think that $1000 is a value that can never be seen again in the history of bitcoin and that is buy to it forever, so hold your coin, because we are heading to $40k now.
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August 25, 2019, 09:15:03 PM
 #28

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry

Before making any decision, read some books such as: "The little book that still beats the market," it will show you clearly that investments are very different from speculation, and if you start researching more, you will realize that the market meets Some phases, such as the accumulation-uptrend-distribution-bearish-accumulation trend ..., is the basics, it can be presented in different ways, but it is always fulfilled. So we are starting the bullish trend ... and the distribution is when it reaches the highest level in price, do you still want to sell?

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August 25, 2019, 09:27:13 PM
 #29

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry

The bitcoin price isn't moving anywhere,which is kinda weird.Maybe the price volatility is so low,because most of the big traders and crypto whales are on vacation. Grin
BTC price will go down to 1000 USD some day.I'm pretty sure about that,but the important question is when will this happen.I'm not a bitcoin hater,don't get me wrong,but the western world will ban crypto trading and mining some day.We just have to HODL for the right time and sell at the highest possible price.


you think they wanna ban it? as long as crypto gets bigger and bigger i think it would be smarter for govs to regulate trading, its another source of income for them.
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August 26, 2019, 01:09:03 PM
 #30

Do research, don't believe with what others said, do what you think after research. Make sure you have money to buy more bitcoin if the price is down later so you can get more bitcoin at a discount price. There is no point to believe with other people said because they want to use the advantage of panic people so they can buy bitcoin at a low price. One thing that you should know that the price in the cryptocurrency can down at any time, so you need to prepare yourself if the price is down. I don't think that the price will go down lower than $5000 or even you got rumours that the price will go down $1000.
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August 26, 2019, 03:24:52 PM
 #31

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry
Those people do not really know what they are talking about, many investors concentrate on how high the price has gone but if you look at the lows you will realize that each year the low has been higher than in the previous years, so in the worst case scenario I see bitcoin reaching a price between 5k and 6k which is still a decent price and depending on the price at which you bought it could still be enough to give you some small profits or at least it will allow you to break even.

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August 26, 2019, 04:27:17 PM
Last edit: August 26, 2019, 05:51:04 PM by veleten
 #32

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry

oh no , someone on internet said bitcoin will drop to 1000$ !
if you are a btc HODLer you should know better then to react to this bs anymore
qui bono - always look for the reasons behind every action and who profits from it
in this case it is either people who are trying to get others to sell or just the ones who do not understand the market
even if the crash happens ,  the price won't drop below 3000$ mark and for that something extraordinary must happen
something like banning bitcoins in the US and other countries , or  a serious vulnerability found
if I were you , I would set a target price to sell at  and never bother until it reaches it

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August 26, 2019, 04:39:04 PM
 #33

Do research, don't believe with what others said, do what you think after research. Make sure you have money to buy more bitcoin if the price is down later so you can get more bitcoin at a discount price. There is no point to believe with other people said because they want to use the advantage of panic people so they can buy bitcoin at a low price. One thing that you should know that the price in the cryptocurrency can down at any time, so you need to prepare yourself if the price is down. I don't think that the price will go down lower than $5000 or even you got rumours that the price will go down $1000.
You need to prepare yourself once you've done doing your research, there's always fluctuations to anticipate so make sure that you are willing taking your steps forward or if you are not comfortable with this types of investment better to re think about dealing with it, it's tough call if you will only listen to what you read or heard it's much safer when you do your own studies and make decisions according to your judgement.
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August 26, 2019, 04:40:26 PM
 #34

This is ridiculous! Bitcoin will not be cheaper because even now, in the fall phase, it continues to prove that there is a huge faith in it. People still believe even after such a loss and all those stupid talking about btc being dead. It wil survive, dont have doubt about it.
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August 26, 2019, 05:19:43 PM
 #35

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry

Who said that bitcoin will go down to 1000$ and you believed it  Cheesy
When bitcoin was 3200$, many people predicted that it will touch 2000$ or 1000$ but that never happened. Now that bitcoin is above is above , how can anyone believe this 1000$ prediction.

There is only one way that bitcoin goes to 1000$ or even zero. Guess what it is ?  Only if there is any flaw found in the bitcoin blockchain which is not possible.
People do keep speculating into things that they are currently seeing thats why they do say even more lower.Some might just giving out some fuds or simply doesnt have an idea on what they are saying.$1000 price is too low to consider yet we know that BTC is already big when it comes to support and adoption.It might not be on full phase yet but somehow we are already moving.For OP, dont ever listen into words that you would able to hear around because anytime this would really be just a common scenario knowing that there are short traders and long term holders which you can definitely hear up different sentiments on what would happen ahead.

For now the best thing to do is to keep those coins into a cold storage and just hold no matter what happen.Dont listen on words that fly around because if you do let yourself hear out those things it will just stress you out and in result you would do bad decisions or the worst you would sell off those coin cheaper.

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August 26, 2019, 08:24:09 PM
 #36

If you are a new holder and worries about what they say, you need to get used to it every time someone tells that it will go down or it will be gone.

We're immune to those kind of words and you shouldn't be affected with those. Ask the person that said that on how many bitcoin he/she is holding. If the answer is none, that person is just trying to pursue you to sell.

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August 26, 2019, 09:31:56 PM
 #37

This is the last thing you should do whatever the situation,,, ask people on this forum.


$1000 bear calls?! it might have been believable in november/december last year, but not anymore. Roll Eyes

I'd go the other way, follow the forum and the general sentiment but also keep your own mind on direction.     I believe in the contrarian type of thinking that when people refuse to consider a possibility it then becomes more likely as that avenue is now unguarded.
    I think we can go down and when you observe the thread titles to reflect despair you may then find greater value.   Its an ironic thing, you could take it too far but I very much think its a valid strategy to observe the crowd or 'the herd' of popular opinion and watch how they run between obvious points of buying and selling.

  Its like bluffing in a poker game, you can over play your hand but also its smarter to buy when everyone is gloomy or the other side overconfident.   I guess its very cynical but also people can be predictable in their absense from the market when it has the greatest opportunity.  The inverse is that people often get carried away and think the price will double every few months forever - there is no way for this to be true so you have that wall to work off when predicting price direction imo.

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August 26, 2019, 09:38:29 PM
 #38

Bitcoin could be both, gain and loss, depends how skilled you are in handling it.
But don't trust predictions, especially those written on social networks and blogs, and definetely don't make investment decisions based on them. Think on long term and don't get fooled by so called Bitcoin experts that will provide you false anaylisys.

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August 26, 2019, 10:58:33 PM
 #39

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry
It’s FUD and not true, I’m confident that we will not go on that lower price again. I bough at the level of $11k and I trust bitcoin and its process. Don’t be in a hurry, wait and be patience you’re not the only hodler here. The next target is to make ATH, it will happen in time.
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August 26, 2019, 11:13:23 PM
 #40

I am a BTC holder. Some People said BTC is going down to $1000!! Is it true? So what can i do sell all BTC or hold it anyone know?  Cry

For "chances", yes it has a possibility that BTC might fall down on that price level. However, chances are very very very low to the point that you can't really imagine how it will turn out like that.

Just look at the recorded bitcoin price low during the dominance of the bearish market the whole year 2018. In other words, for that $1,000 to happen, it needs a big, major, worldwide catastrophe which is I can't think of happening, at least for several years later or it will not really happen at all. Bitcoin already established a good foundation and no one can bring it down in a quick.

Now, for the question of will you sell your BTC or hodl it for long, you are the one who must decide on it based on your own thought after reading different opinions.

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