BTC Price Selling

[wheelz1200]

Well, we can't stop the price from going down, or investors selling this precious bitcoin because of the holidays.

Are you referring to this article? PlusToken Scammers Didn’t Just Steal $2+ Billion Worth of Cryptocurrency. They May Also Be Driving Down the Price of Bitcoin. The article came from Chainalysis, so I don't know if it has weight or something. Still up for us to decide, but basically the price is base on supply and demand tho.

yes I agree with you in the end that determines the rise and fall of the price of bitcoin is demand and supply. and usually when this is the end of the year people need a lot of money to celebrate Christmas and the new year so some bitcoin holders will sell their bitcoins. that's why at the end of the year like this the value of bitcoin tends to decrease. because bitcoin supply is more than demand. so in my opinion the price of bitcoin until the last day of the year will be at $ 7k.

Ypu guys have to stop thinking the priced is based on when people want/need money.  Just because its christmas does not mean peoe are market selling.  Bitcoin price is going up so why is that with people needing money for christmas?  Holidays dont make a dent in the market.  Otherwise every year you should sell in october and buy back at then end of december.  It's just not the case no matter how you cut it

[kapalmabur]

selling it now seems feasible, the increase has reached 5% from below support,
selling and buying back when prices are low is in my opinion very good to do now 

[Yamifoud]

The selloff continues and Bitcoin is dumping. Is it he Plus One scam holdings being sold? Is it Bitcoin miner capitulation? Is it normal price fluctuations?

Be greedy when others are fearful.

Let's take a step back and get a clear look together.

https://youtu.be/1SUR_9UuTSE

This is all the usual price fluctuations, nothing new to the current market position and pointing out what is the main cause for this. May a lot of people sell their Bitcoin this Christmas season and the selling price will drop down as they would like to sell it instantly. This might trigger a dumping scenario and we're able to see the price lowered down below $7k.

[maydna]

selling it now seems feasible, the increase has reached 5% from below support,
selling and buying back when prices are low is in my opinion very good to do now 

If you want to take that profit, you can sell it off right now, but if you can wait for more, then I guess that your profit will bigger although there is no guarantee to you for making a bigger profit. I think you can try with scalping trade at this moment because if bitcoin price can increase, you can sell some bitcoin to make a profit, and then you can wait for a while for another dump that will happen later, so you can get bitcoin at a low price. After that, you can wait for another increase in bitcoin price so you can sell it again. If you can rinse and repeat this, I think you will make a bigger profit.

[cutesgirl]

selling it now seems feasible, the increase has reached 5% from below support,
selling and buying back when prices are low is in my opinion very good to do now 

If you want to take that profit, you can sell it off right now, but if you can wait for more, then I guess that your profit will bigger although there is no guarantee to you for making a bigger profit. I think you can try with scalping trade at this moment because if bitcoin price can increase, you can sell some bitcoin to make a profit, and then you can wait for a while for another dump that will happen later, so you can get bitcoin at a low price. After that, you can wait for another increase in bitcoin price so you can sell it again. If you can rinse and repeat this, I think you will make a bigger profit.

Sell right now is not good choose to get profit with bitcoin because we can see how bitcoin keep down with lower price, maybe waiting next month for selling bitcoin because can give chance to get back with higher price for bitcoin, better not selling right now with price still lower and waiting when have good information about bitcoin become legal currency payment in one country.

[barabarian1]

I think the decline in bitcoin is now normal and is common in bitcoin price fluctuations. some people attributed the decline in bitcoin at the end of the year due to some bitcoin holders selling bitcoin for Christmas celebrations. I think it's not like that there are some people who sell bitcoin for Christmas celebrations but that might not be too large in number so it won't have an impact on the price of bitcoin. I think the decline in bitcoin at the moment is the work of the popes who use the year-end moment.

[Ferris419]

Except for the 2017 year, it is normal that Bitcoin price goes down at the end of the year because many people cashing out Bitcoin to celebrate the holidays, new year. This price decline will stay till mid of January, after then price may increase to hit 7500 to 8000 USD! Therefore recent NASAA warns, Plus token scam can be reasons for the price decline, but still, Bitcoin holds the 7K zone strongly.

[el kaka22]

selling it now seems feasible, the increase has reached 5% from below support,
selling and buying back when prices are low is in my opinion very good to do now 

If you want to take that profit, you can sell it off right now, but if you can wait for more, then I guess that your profit will bigger although there is no guarantee to you for making a bigger profit. I think you can try with scalping trade at this moment because if bitcoin price can increase, you can sell some bitcoin to make a profit, and then you can wait for a while for another dump that will happen later, so you can get bitcoin at a low price. After that, you can wait for another increase in bitcoin price so you can sell it again. If you can rinse and repeat this, I think you will make a bigger profit.

I would suggest selling at 10% profit at any given time if you are looking to be a trader. Anything above 10% is just risk and if you sell it that much then putting a buy order at a 30% drop of value is also a great idea. So, let's say you purchase bitcoin at 100 dollars, if it goes to 110 dollars you should sell, if it goes to 70 dollars you should buy more. I know purchase average dropping has been a topic for many many times and people are sick of hearing the same thing but it is talked about that much because it works.

I don't understand why people are worried about becoming rich over night or they are investing with all their money all at once. You should put a bit of your money in (probably less than 50%) and if it drops you can buy more, if it goes up a bit you can profit a small bit, if you continue doing this all year every year, you will retire early. Yes you won't be able to buy ferrari and live in pent house etc etc but it will be a better life than you are living right now.

[MRY]

in the trading market, it is certainly normal for prices to go up or down and with the price of bitcoin continuing to fall, making some people panic, so they sell bitcoin and with many selling, the price of bitcoin will go down even more.

[yulionoo]

I think the rise and fall of Bitcoin doesn't need a reason. bitcoin can go up and down suddenly. and I think the decline in bitcoin is now common in bitcoin that has high fluctuations. and right now we are still in a downtrend so I don't think we need to worry and panic in selling. I'm sure 2020 is a good year for bitcoin and bitcoin will be reduced by half in May. hopefully by half reducing making bitcoin pump and make trends turn into upward trends.

[freedomgo]

Let that dump happen as after the dump, pump will happen.

Come on, aren't you getting used of the market yet? pump and dump has been normal here and regardless how big the amount will be dump, the market will still survive as there's a lot of whales who still believe on its potential.

[crossabdd]

this is the bitcoin price fluctuation. bitcoin is trying to stay at the level of $ 7000 and is trying to make an increase of up to $ 8000. meanwhile a lot of whales dump so that holders panic. but I believe, this selling action will not make bitcoin fall even deeper. I hope this year's closing, bitcoin is at $ 8000.

[Dart18]

Not that much and it is back all of a sudden.
It is like just a peak to the 6k+ price.  

Lucky for those who have bought at that cheap deal.
Now, they could sell back and take the profits for celebrating the New Year's Eve.

[Wexlike]

I looked at the 1 week chart, and the 1 month chart, and I don't see a single recognizable pattern. It's not a flag, or a pennant, or a wedge. It's gnarly looking! The one week is forming a butt!

I know some people are saying head and shoulders but I don't really believe in those (jk, I just don't think they play out that often).

It wasn't until I zoomed out to about 6 months that I see something interesting...

It's gone down, sideways, up, sideways, down, sideways...

And if the last move to 6.6k was really putting in the double bottom... Then the next logical move should be a big up! This of course could come after more sideways action.

[enwi]

we can't control prices because many people are in the crypto market and we can't control everyone to make bitcoin go up or down, so anything can happen, what we have to do is to be able to determine what we have to do, whether to buy, sell or hold it

[BartS]

selling it now seems feasible, the increase has reached 5% from below support,
selling and buying back when prices are low is in my opinion very good to do now 

If you want to take that profit, you can sell it off right now, but if you can wait for more, then I guess that your profit will bigger although there is no guarantee to you for making a bigger profit. I think you can try with scalping trade at this moment because if bitcoin price can increase, you can sell some bitcoin to make a profit, and then you can wait for a while for another dump that will happen later, so you can get bitcoin at a low price. After that, you can wait for another increase in bitcoin price so you can sell it again. If you can rinse and repeat this, I think you will make a bigger profit.

Everyone has their own prediction but for what I can see there is not any need to make any kind of important movement now, if you are out of the market wait a little bit more until things become clearer and we can determine if the market will go up during the next months.

But if you are already in the market then you need to monitor the price, if at some point we get a close below 6500 that could be a clear indication to get out of the market before a new crash happens.

[maydna]

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Sell right now is not good choose to get profit with bitcoin because we can see how bitcoin keep down with lower price, maybe waiting next month for selling bitcoin because can give chance to get back with higher price for bitcoin, better not selling right now with price still lower and waiting when have good information about bitcoin become legal currency payment in one country.

I agree with you. It is better to hold for a while until the price back to a higher price. I only suggest if he cannot wait for a while, but that is not a good solution to recover the loss of the money. The market will be recovered too, and that is why we need to have more patience to wait for it.

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I would suggest selling at 10% profit at any given time if you are looking to be a trader. Anything above 10% is just risk and if you sell it that much then putting a buy order at a 30% drop of value is also a great idea. So, let's say you purchase bitcoin at 100 dollars, if it goes to 110 dollars you should sell, if it goes to 70 dollars you should buy more. I know purchase average dropping has been a topic for many many times and people are sick of hearing the same thing but it is talked about that much because it works.

I don't understand why people are worried about becoming rich over night or they are investing with all their money all at once. You should put a bit of your money in (probably less than 50%) and if it drops you can buy more, if it goes up a bit you can profit a small bit, if you continue doing this all year every year, you will retire early. Yes you won't be able to buy ferrari and live in pent house etc etc but it will be a better life than you are living right now.

Your suggestion makes sense, I prefer to take a little profit, but I can get the profit over and over. We never suggest investing with all their money all at once because that is too risky for their money. Besides that, the crypto market cannot be predicted, so anything can happen later. It is better to invest with the money we can afford, so if we lose the money, we can learn from the mistake.

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Everyone has their own prediction but for what I can see there is not any need to make any kind of important movement now, if you are out of the market wait a little bit more until things become clearer and we can determine if the market will go up during the next months.

But if you are already in the market then you need to monitor the price, if at some point we get a close below 6500 that could be a clear indication to get out of the market before a new crash happens.

We don't have to make a rush action if the market is not moving fast because who knows, after the next hours, the market can give hope to us so we can back to make a profit. Waiting for a while is a good suggestion in the unpredicted market while we can also earn another strategy if the market goes to any moves. Perhaps, we can use the alarm from the apps that we used, so we know if the price moves to one range of the price, we can understand what we need to do.

[plvbob0070]

in the trading market, it is certainly normal for prices to go up or down and with the price of bitcoin continuing to fall, making some people panic, so they sell bitcoin and with many selling, the price of bitcoin will go down even more.

Due to the down price of bitcoin, many people will totally get panic and one of the factors why the price of bitcoin keeps on falling is because of the people who do panic selling. I guess only the person who has weak heart are now selling their bitcoin and due to the bad condition of the market, it is not the right time to sell bitcoin.

[Distinctin]

in the trading market, it is certainly normal for prices to go up or down and with the price of bitcoin continuing to fall, making some people panic, so they sell bitcoin and with many selling, the price of bitcoin will go down even more.

Due to the down price of bitcoin, many people will totally get panic and one of the factors why the price of bitcoin keeps on falling is because of the people who do panic selling. I guess only the person who has weak heart are now selling their bitcoin and due to the bad condition of the market, it is not the right time to sell bitcoin.

They'll have no choice and they are actually doing what it seems they feel right. But just like us who never been panic and still optimistic for the incoming, it is really wrong decision. Though they have nothing to blame either but their actions will drive the market to fall down. If this scenario will continue, we can't ever think that bullish will come a way back.

[Maslate]

But that does not mean bitcoin will just continue to dump, if there are people who dump, there are also people who are just waiting for that right timing as bitcoin always bounce back every time it dump.

That dirty btc might be dump in the market but it's just a normal thing here, bitcoin will remain volatile and the fact that it had died many times, there is no sense to be panic now.