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Slow death
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June 07, 2020, 02:00:48 PM
 #61

Yeah I think that's best thing to do. But it all about patience. With time BTC price will surely go up

talking about having patience, the news channels related to bitcoin are very anxious in the prices these days, it seems that their patience is on the limit mainly because of the several attempts it has had to break $10,000 has always resulted in a drop in price. Now the expectation is whether or not it will break $10500 or fall below $9000 and we will see $ 8000 again.

You're playing on leverage? How much did you lose?

tested it once and lost all the money and never did it again


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June 07, 2020, 02:36:42 PM
 #62

Hold better now, but if the price of Bitcoin drops deeper at $ 9,000 then sell it,
because $ 8000 is likely to be achieved, hopefully the price of Bitcoin is still Bullish

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June 07, 2020, 06:03:15 PM
 #63

Honestly if you are not going to spend it on something, there is really no need to sell your coins, why would you give up on future profits when you can just wait and get them? Sure I get it, sometimes there is something important in your life that you suddenly may need some money, that is expected and understandable. However, if that is not the case and you just "give up" there is really no meaning to it.

For example I had a friend who got hyped about bitcoin in 2017 peak times and bought literally at the biggest place, yet for some reason dude gave up and sold in 2018 when it became 6 thousand dollars, whats the point of selling at that price level if you are not going to continue, not like he bought cheaper later on or something, he just gave up and never did anything with bitcoin, that really doesn't make any sense.

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June 07, 2020, 06:35:50 PM
 #64

Hold better now, but if the price of Bitcoin drops deeper at $ 9,000 then sell it,
because $ 8000 is likely to be achieved, hopefully the price of Bitcoin is still Bullish
Nah, it's just a wild guess you are doing without any proof if the price would likely to drop at $8k if it starts to touch $9k. I would take my chances to actually see the $8k first before doing anything because I am certain that the price would actually gonna bounce back for some reason. This is how I see the Bitcoin market moving that's why it is so volatile and that volatility also is helping me to take a risk.

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June 07, 2020, 06:50:15 PM
 #65

Hold better now, but if the price of Bitcoin drops deeper at $ 9,000 then sell it,
because $ 8000 is likely to be achieved, hopefully the price of Bitcoin is still Bullish
Nah, it's just a wild guess you are doing without any proof if the price would likely to drop at $8k if it starts to touch $9k. I would take my chances to actually see the $8k first before doing anything because I am certain that the price would actually gonna bounce back for some reason. This is how I see the Bitcoin market moving that's why it is so volatile and that volatility also is helping me to take a risk.

It doesnt matter if it drops nor increase, the thing here is that you do able to sell it off when you are in gains then re-buy when you do saw that the price had some correction and as you said bitcoins price do always have that recovery after its being crashed in talks into its price.

You can hold, yes! but this one is only pertaining to those who go for long term and we know that not all would really have this kind of method on making profits towards volatility or price movement.

Just like me on where i do held of some coins and there are coins which are used for short term trades that can give out short term profits.

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June 08, 2020, 03:59:11 PM
 #66

Hold the Bitcoin price crashed down into the $6,000 because of the highly leveraged nature of the cryptocurrency market and the unwillingness of buyers to step in amid extreme volatility and uncertainty. Money attached to a cryptocurrency, so there are no coins or notes, only a digital record of the transaction.  if you're looking to buy or invest in Bitcoin or other types of cryptocurrency, you'll have limited legal protection and a high risk of losing some or all of your capital.
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June 08, 2020, 05:07:13 PM
 #67

Hold better now, but if the price of Bitcoin drops deeper at $ 9,000 then sell it,
because $ 8000 is likely to be achieved, hopefully the price of Bitcoin is still Bullish
for the time being, I don't think that the price of bitcoin will decrease to $ 8k. however, I feel that price developments are more likely to occur than decreases. if I have bitcoin, I will continue to hold it, because I am pretty sure the price can reach $ 10k in the near future.

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June 08, 2020, 05:49:34 PM
 #68

right now for me, I still hold Bitcoin, but if the price of Bitcoin falls below $ 9300 it looks like I will sell it,
because the potential for falling down is huge, so be careful

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June 08, 2020, 10:57:48 PM
 #69

The supply of bitcoin has recently hit a new low for the year, this means there are fewer and fewer people selling bitcoin in the market. Although the demand has not increased significantly, but at least this position is hard to see a big Callback*.* So even if you are not bullish at this position, do not easily bearish, otherwise it is likely to reverse the direction.



At the same time, the sales volume of miners in the past month has also decreased significantly, setting a new low of nearly one year, which is also one of the reasons for the sharp reduction in the supply of Bitcoin. Miners no longer sell bitcoin, the future bitcoin price is more likely to rise. From the historical data, bitcoin prices and bitcoin supplied by miners to the exchange show a negative correlation. In other words, the less bitcoin miners transfer to the exchange, the greater the probability that the currency price will bottom out. On the contrary, the currency price will fall.
https://imagizer.imageshack.com/img922/7149/gWk4s0.png
Yellow is the miner's deposit, and black is the price of Bitcoin

Therefore, it is recommended to continue to hold bitcoin, stay on the sidelines, and do not easily sell out.

Where did the data that we see in the first picture come from? They look very doubtful and I would like to look at the methodology with which they were obtained. In addition, the interpretation of the data is important - we can say that fewer people sell bitcoin or we can say that the trading volume/interest in bitcoin has decreased. All this is very subjective.

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June 08, 2020, 11:13:24 PM
 #70

I believe BTC has given us an opportunity since the day it is being traded over leverage. I think holding will just breach that opportunity as even not selling means the chances are, a pump up can shake the entire market volume. If miners are not selling, a huge storm is about to take place, be it on the upper end or the lower direction. There are 2 probabilities:

- If miners don't sell, BTC price will be sideways and rise in a few days
- If miners sell, they'd sell just to survive as it's not so easy now to be able to survive after this pandemic. This will trigger a big sell-off.

Whatever it will be, I believe we should take the advantage of this opportunity because if the price rises, this opportunity will still be there but the gain % that we are getting nowadays will be much lesser.

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June 08, 2020, 11:22:56 PM
 #71

Quote
bought literally at the biggest place, yet for some reason dude gave up and sold in 2018 when it became 6 thousand dollars,

Theres two arguments there, dont be too guided by the fizz on a drink its only the substance that matters and it moves far more slowly.   The other would be moderate your buying and temper your selling, dont overbuy unless your direct intention is to trade and you somehow have a skill in this way.    The best bet for the average person is to average their buys, if you are bullish BTC in 2020 then buy over the whole year, you may be correct but it might take until 2022 to come true we dont know.  If we can buy over a year and then sell in a similar stepped way it vastly increases our target area and enables us to be correct in a more general way, unfortunately we all gamble a little too much.
   THere is one certainty, BTC is volatile and anything to mitigate that uncertainty is going to improve profits quite easily.

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June 09, 2020, 05:36:44 AM
 #72

right now for me, I still hold Bitcoin, but if the price of Bitcoin falls below $ 9300 it looks like I will sell it,
because the potential for falling down is huge, so be careful
good for you. but you should undo your intention to sell when the price is below that price. however, the potential price of bitcoin reaching prices above $ 10k is huge at the moment. it's just that we haven't seen that the price is really stable. but, it all depends on your decision. however, the price is currently quite close to $ 9300.


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June 09, 2020, 03:54:03 PM
 #73

 The bitcoin price is reason why most retailers won't accept it. Even with blockchain-based transactions that can potentially validate and settle faster than payments on traditional banking networks, the lag in settlement times can still allow for wild vacillations in the price of bitcoin.
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June 09, 2020, 08:15:03 PM
 #74

The bitcoin price is reason why most retailers won't accept it. Even with blockchain-based transactions that can potentially validate and settle faster than payments on traditional banking networks, the lag in settlement times can still allow for wild vacillations in the price of bitcoin.

I understand you talk about volatility in Bitcoins price.
I am not worried that most merchants dont accept Bitcoin. Bitcoin economy still improves and at some point when suddenly all merchants will want to accept Bitcoin because fiat will start getting volatile a lot. And I am talking about mostly negative volatility. At that time Bitcoin will be here for what it was made for.  
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June 09, 2020, 10:22:15 PM
 #75

I understand you talk about volatility in Bitcoins price.
I am not worried that most merchants dont accept Bitcoin. Bitcoin economy still improves and at some point when suddenly all merchants will want to accept Bitcoin because fiat will start getting volatile a lot. And I am talking about mostly negative volatility. At that time Bitcoin will be here for what it was made for.  

Compared to what the fiat will become volatile and why do you think that the bitcoin will be stable at the same time? In addition it is not clear how to change the fact that fiat is legal tender, and bitcoin is not (to my knowledge, in most countries it is considered a asset/property and you can not use it to the payment of taxes for example).

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June 10, 2020, 02:59:57 PM
 #76

I understand you talk about volatility in Bitcoins price.
I am not worried that most merchants dont accept Bitcoin. Bitcoin economy still improves and at some point when suddenly all merchants will want to accept Bitcoin because fiat will start getting volatile a lot. And I am talking about mostly negative volatility. At that time Bitcoin will be here for what it was made for.  

Compared to what the fiat will become volatile and why do you think that the bitcoin will be stable at the same time? In addition it is not clear how to change the fact that fiat is legal tender, and bitcoin is not (to my knowledge, in most countries it is considered a asset/property and you can not use it to the payment of taxes for example).

Compared to bread, oil, oranges. You cant print this much fiat without devaluing it. You simply cant.  Bitcoin will not lose value since its yearly emission is 1.7%. there is no logic. Unless suddenly everyone will stop using it.  People will use what will keep value. they will not care of any legal tenders. As I kid I lived in country where inflation was over 100% a month. So people simply spend salary the moment they got it. Or when got out of bank exchanged their whole salary fro other currency. Traders were standing outside of bank to do that. Police did nothing about it, since they needed to change their salary also.  Everything was on sale for that foreign currency. IF you were selling a used car you put price in foreign currency. When you were doing plans in your mind you think them in foreign currency.  It does not matter what a legal tender is. Trust me. It matters what people use.
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June 10, 2020, 06:46:11 PM
 #77

Cryptocurrency market to demonstrate “sell-the-news” sell-offs and the lack of a short-term upsurge in the past two halvings suggest that the narrative of a halving Bitcoin. some think bitcoin's move lower could have its origins elsewhere.

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June 11, 2020, 06:29:50 AM
 #78

   Did you saw this one: Reddit user almost finds more than 500 Bitcoins he lost! Source of link: https://www.reddit.com/r/CryptoCurrency/comments/gztudo/reddit_user_almost_finds_more_than_500_bitcoins/

   Apparently he can find the hard drive, and maybe we can add this 500 BTC to missing Bitcoins. There
are less Bitcoins in circulation, less coins to be mined, if we don't hold Bitcoins now who knows how
expensive will be for us to buy them again in the future.
   I am holding my Bitcoins, I question some of the alt-coins I have, but never Bitcoin!
 
 
 
 
 
 
 
 
 



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June 11, 2020, 08:11:51 PM
 #79

Compared to what the fiat will become volatile and why do you think that the bitcoin will be stable at the same time? In addition it is not clear how to change the fact that fiat is legal tender, and bitcoin is not (to my knowledge, in most countries it is considered a asset/property and you can not use it to the payment of taxes for example).

Compared to bread, oil, oranges. You cant print this much fiat without devaluing it. You simply cant.  Bitcoin will not lose value since its yearly emission is 1.7%. there is no logic. Unless suddenly everyone will stop using it.  People will use what will keep value. they will not care of any legal tenders. As I kid I lived in country where inflation was over 100% a month. So people simply spend salary the moment they got it. Or when got out of bank exchanged their whole salary fro other currency. Traders were standing outside of bank to do that. Police did nothing about it, since they needed to change their salary also.  Everything was on sale for that foreign currency. IF you were selling a used car you put price in foreign currency. When you were doing plans in your mind you think them in foreign currency.  It does not matter what a legal tender is. Trust me. It matters what people use.

I know what inflation is - I'm from Russia  Wink
But I did not see the reasons why the government would suddenly stop "printing" money within reasonable limits (any amount is reasonable if inflation is within normal limits). And I do not see a way to avoid this trap: "legal tender." This option makes fiat essential for everyone.

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June 11, 2020, 08:21:02 PM
 #80

I think you have made an interesting correlation... I was planning to hold my bit of BTC as I am convinced that it will be going up any day now... these moves are clearly made for people to sell out all their holdings while others fill up their bags to sell on the next surge
Patience... mostly everything is about that

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