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Triffin
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December 20, 2019, 03:55:40 PM |
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It's simple. People are tired of waiting for 20K and above, he decided to drain a little to buy gifts for the family at Christmas. Hence the price drop.
No not at all, this is not good time to sell your coins intact you should try to buy more those people who become bore for holding their coin and who are selling will be so sorry and will regret their wrong decision so better keep holding and never think about selling your coin until it become high more than double. |
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supercanada1
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December 20, 2019, 05:49:25 PM |
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It's simple. People are tired of waiting for 20K and above, he decided to drain a little to buy gifts for the family at Christmas. Hence the price drop.
Not simply by his selling of bitcoin the prices have drained. I feel like this is becoming a trend for the holders of bitcoin who do not have other reliable and sufficient source of income to sell off bitcoin and meet their necessities. This is indeed becoming difficult for such people to keep holding onto bitcoin. I feel that selling of a small portion is not a big deal. One can buy again after some time. |
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breathlessz
Member
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Activity: 770
Merit: 12
Trphy.io
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December 21, 2019, 04:28:08 AM |
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everyone has their own analysis, if they analyze that bitcoin will go down again, then I think selling it now is the best thing, and can later buy it back at a cheaper price so that it gets more bitcoin, but if the analysis is wrong, then things it is a risk
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desticy
Sr. Member
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Activity: 1512
Merit: 292
www.cd3d.app
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December 21, 2019, 04:48:38 PM |
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everyone has their own analysis, if they analyze that bitcoin will go down again, then I think selling it now is the best thing, and can later buy it back at a cheaper price so that it gets more bitcoin, but if the analysis is wrong, then things it is a risk
You're not really serious, are you? Only in the last 3 months such analyzes showed their complete inconsistency. Remember the last few liquidations on the Binance and Bitmex exchanges, do you think all these people did not have their own analysis? Of course they did! In the end, the market, as always, went against general expectations, taking profit from people. |
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joshy23
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December 21, 2019, 05:20:57 PM |
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everyone has their own analysis, if they analyze that bitcoin will go down again, then I think selling it now is the best thing, and can later buy it back at a cheaper price so that it gets more bitcoin, but if the analysis is wrong, then things it is a risk
With the nature of bitcoin where volatility is always present better to understand both long and short term tradings. Assessment is not that easy because of many influence that this market currently have, if you do your research and keep things according to your good judgement then you are good to go, either scalp or long term trades will work for you. |
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diazepam666
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December 21, 2019, 06:27:37 PM |
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everyone has their own analysis, if they analyze that bitcoin will go down again, then I think selling it now is the best thing, and can later buy it back at a cheaper price so that it gets more bitcoin, but if the analysis is wrong, then things it is a risk
That is called speculation whenever you want to buy the Bitcoins or sell Bitcoins please see theprice chart for previous one month and one week off chart. If this both chart is dump you can invest on bitcoin at the same moment and sell it when the value goes big every time. |
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kesmex
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December 22, 2019, 04:57:28 PM |
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everyone has their own analysis, if they analyze that bitcoin will go down again, then I think selling it now is the best thing, and can later buy it back at a cheaper price so that it gets more bitcoin, but if the analysis is wrong, then things it is a risk
you must have a good and correct strategy to minimize losses, selling 20% - 50% of your bitcoin amount is a good way in my opinion |
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iamsheikhadil
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December 22, 2019, 05:28:23 PM |
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I agree with your points but if we don't spend it then that might create a stangnancy for the the growth and adoption of Bitcoin and crypto in general. Along with that, we need to promote the adoption of blockchain technology as that will help us in solving many real life problems!
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Brunus
Member
Offline
Activity: 585
Merit: 33
Rasputin Party Mansion
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December 22, 2019, 08:49:56 PM |
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It is true and I agree: in fact, practically nobody uses bitcoins as money, also because those who have no faith in the future of crypto have already got rid of it, and those who believe in it retain them.
But in this way the crypto will never start.
It's a nice dilemma ...
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Karmakid
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December 23, 2019, 02:05:16 AM |
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I agree with your points but if we don't spend it then that might create a stangnancy for the the growth and adoption of Bitcoin and crypto in general. Along with that, we need to promote the adoption of blockchain technology as that will help us in solving many real life problems!
Even though we don't spend bitcoin, it will be still alright because there are millions of supply in the market and it is better to hold our bitcoins and keep it for long term rather than sell it or spend it because we will help the market to lessen its supply and as the demand grows, the price will go higher and that will become the day we will be spending our profits from holding bitcoin. |
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topbitcoin
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December 23, 2019, 02:57:14 AM |
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I agree with your points but if we don't spend it then that might create a stangnancy for the the growth and adoption of Bitcoin and crypto in general. Along with that, we need to promote the adoption of blockchain technology as that will help us in solving many real life problems!
Even though we don't spend bitcoin, it will be still alright because there are millions of supply in the market and it is better to hold our bitcoins and keep it for long term rather than sell it or spend it because we will help the market to lessen its supply and as the demand grows, the price will go higher and that will become the day we will be spending our profits from holding bitcoin. Actually i agree with you, but some people out there said that if we hold bitcoin it will disrupt circulation and trading volume will not high because market not fulfilled by people who sell and buy, i think you are right because although a lot of people hold their coins, some people will still trade and big possibilities sell orders not much can make bitcoin price to increased. |
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Kimonoe
Member
Offline
Activity: 700
Merit: 10
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December 23, 2019, 04:20:07 AM |
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I agree with your points but if we don't spend it then that might create a stangnancy for the the growth and adoption of Bitcoin and crypto in general. Along with that, we need to promote the adoption of blockchain technology as that will help us in solving many real life problems!
Even though we don't spend bitcoin, it will be still alright because there are millions of supply in the market and it is better to hold our bitcoins and keep it for long term rather than sell it or spend it because we will help the market to lessen its supply and as the demand grows, the price will go higher and that will become the day we will be spending our profits from holding bitcoin. it's hard for me to spend bitcoin for now. The main thing is that we have already declined in assets, and I predict, this time the decline is approaching the support area and that means that soon many investors will enter the market and increase demand |
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Wintersoldier
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December 23, 2019, 05:16:15 AM |
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it's hard for me to spend bitcoin for now. The main thing is that we have already declined in assets, and I predict, this time the decline is approaching the support area and that means that soon many investors will enter the market and increase demand
We all have our personal reason why not to spend bitcoins now, but I see in the market particularly in coin market cap that bitcoin's market price is still increasing drastically, so why would we sell while our profits is getting doubled? I think if we could analyze the ATH has been reached, then that is the time for us to sell our holdings and to celebrate our profits. Though, this could not be followed because a while ago, I've already said that we all have our personal reason why not to spend right now, and for me, it is because I have a goal, and I want my target bitcoin to be reached. |
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keeee
Sr. Member
Offline
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
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December 23, 2019, 06:30:38 AM |
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It's simple. People are tired of waiting for 20K and above, he decided to drain a little to buy gifts for the family at Christmas. Hence the price drop.
No not at all, this is not good time to sell your coins intact you should try to buy more those people who become bore for holding their coin and who are selling will be so sorry and will regret their wrong decision so better keep holding and never think about selling your coin until it become high more than double. Keep waiting and holding. I still believe bitcoin will rise again. This was not the perfect time to sell bitcoin, in fact some investor used this opportunity to buy more. If you need money to buy gifts for your family this Christmas I think it is okay to sell some but not all what you have in your wallet account. |
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Negotiation
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December 23, 2019, 09:13:01 AM |
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Many of us spend bitcoin If Bitcoin could not be invested then nobody would work with Bitcoin It has its merits and will move our crypto market forward. We can do transactions very easily and the price of bitcoin is much lower now but it will go up in a few years The price of Bitcoin remains as it was before but everyone thinks Bitcoin's spending is the key.
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crisanto01
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December 23, 2019, 04:33:16 PM |
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Many of us spend bitcoin If Bitcoin could not be invested then nobody would work with Bitcoin It has its merits and will move our crypto market forward. We can do transactions very easily and the price of bitcoin is much lower now but it will go up in a few years The price of Bitcoin remains as it was before but everyone thinks Bitcoin's spending is the key.
Spending of Bitcoin at some point has some advantage too ad Bitcoin needs to circulate all over the world too so that many people will become aware of it, many people will learn the importance of it. Although, not all of it should spend, as we know the future of it, but let's also use the real use case of it. |
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kotik085
Jr. Member
Offline
Activity: 154
Merit: 1
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December 23, 2019, 07:53:04 PM |
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I try to keep bitcoin and not spend it. I make investments in bitcoin, and the higher the invest, the higher the profit.
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error08
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December 23, 2019, 08:02:14 PM |
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Bitcoin is many things, some treat it as an asset, as a commodity, as a means of payment, or as a trading object.
Anyone can manage his bitcoin as he pleases, others can not order someone to just save or spend the bitcoin that he has.
I'm sure that most people in crypto-sphere buying bitcoin at a cheaper price and hoping to sell it at a higher price for profits, that's okay as well, just do whatever you need to.
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startselect
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January 03, 2020, 01:17:38 AM |
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This sounds like something that should had been written in 2010.
Can't put it any better. I first started investing in Bitcoin 6 years back. I guess I was a bit late and when I purchased my coins, the exchange rate was around $600 per coin. So right now I'm on top of unrealized profits of ~1,200%. This is a lot more than what I could expect from investments in stocks or real estate. But those who made their investments two years earlier than I did are now in 500x to 1,000x profit. But I don't want to get too greedy. Now I am planning to sell some 20% to 30% of my coins in the next 12 months. You didn't sell any when it was around $20,000. I know of a guy who bought at around 10 cents, but sold it like at 30 cents. |
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Forbiddenone
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January 03, 2020, 02:03:48 AM |
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It is subjective in my opinion, thinking that price will rise in near future. We can take take this perceptions into many altcoin as well as some of them have tremendous potential to give huge profit but it is a fact that btc will remain dominant so i think it is better accumulate btc rather than thinking that price will rise then we will sell it.
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