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Author Topic: sell now or you WILL regret it  (Read 1275 times)
buwaytress
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September 08, 2020, 04:16:52 PM
 #61

I've seen many optimistic people here in the forum already. I want to see users like you that are very pessimistic as of this moment Smiley.
You are helping us to prevent from losing money so you are saying to us to sell it??

I don't care about what you are saying right now. I don't care though even the price will go down further and that is better than buying it at the top Tongue. Speak all you want, I will not feel any regret and I will not sell. I'll feel more regret if I sell all of my holdings right now.

Amen brother. I was sorely disappointed by just how stubbornly people clinged on to hope in 2018/19, and you can imagine how let down I was this year when people started cheering and putting the flags out again for Bitcoin.

Don't get me wrong, inside I'm happy and all that but I'm in for the long game. And the more I see the optimism, the more I think my gratification will be delayed=p

Why can't weak hands just completely exit, right? =D

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September 08, 2020, 05:12:01 PM
 #62

It seems to me that in any case, there is no need to expect a decline in prices. I believe the big whales are not only worried about their earnings, but they will be very confident in protecting their assets. And this means that Bitcoin in any case will have support from investors, attracting more and more investments in order to prevent the depreciation of Bitcoin, if, of course, some situation occurs in the market. Therefore, Bitcoin will have very good results in the market anyway.
But whales are the players,they are the one who is responsible in shaking the market prices mate.
This is what i believe is true,Imagine how much Bitcoin they have in hand?
it is easy for them to Join together and make single decision to bring the market down and also they can make it up.
though this is not proven but this is the scenario that comes to my mind talking about whales.
 Anyway what happens now is that Bitcoin has a strong support at $10k level meaning we are only waiting for spike to make it up again.
Whales are not as big of a deal as everyone makes it out to be. They are surely richer than us and that means when they make a movement they could definitely make a bigger noise than we could ever make however the reality is we are not really that much effected by it at all. Sure if there is a big big news about someone selling 30k bitcoin that could make a change but we are talking about whales, plural, which sounds like whales are playing a different game than we do.

You could buy at the same prices they buy and you could sell at the same prices they sell, this is not wall street, everyone is welcomed here, which means you could make same exact moves they make and nobody can stop you, meaning you could make profit from the same things if you want to profit from them, it is not an exclusive club.

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September 08, 2020, 06:06:21 PM
 #63

Do not get carried away by emotions, it is not known if the price falls further, it may be gaining strength to implode in a good streak of bullish trend, sometimes I think that the same whales call to sell to eliminate the offer and they make of more bitcoin and keep buying cheap taking advantage of fear or unfounded fear.

I am a longterm Bitcoin holder, I will have no regrets if the bitcoin price crashes again. Because I'm confident about the future of Bitcoin, I don't see shortterm change. So I prefer to think about the future of Bitcoin. Whales try to get people like me interested in trading.

One of the main reasons for panic in the market they share lot of news. Whales always want to increase their holdings so they create panic in the market with different news at different times and buy bitcoin from retail traders at lower prices.

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September 08, 2020, 06:58:53 PM
 #64

I will not feel any regret and I will not sell. I'll feel more regret if I sell all of my holdings right now.
I also feel the same way because it still has a chance to recover and that's why I prefer to hold it than to sell it. I have never thought of selling my holdings because I have faith in the cryptocurrency that I'm currently holding. Besides, it still has a chance to recover even if the price is falling since the market has always been like that. I think op is just trying to give advice (though I just read this thread now and it's already at the 10,131$) but I don't wanna get swayed because as long as I can handle how the market is moving, then I will just keep holding.
The same goes with me  Grin. And definitely agree though, dunno why the others need to panic as this situation is pretty much given in this industry  Undecided. Well anyway, if you don't have anything you would put your money into; materials or stuff going to buy, or any expenses or whatsoever is that then just let it (BTC) be there, 'cause why would you trouble yourself for no reason?. Anyway I appreciate the OP's concern, however there isn't much to worry about right now, tbh.
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September 08, 2020, 07:56:33 PM
 #65

I am a longterm Bitcoin holder, I will have no regrets if the bitcoin price crashes again. Because I'm confident about the future of Bitcoin, I don't see shortterm change. So I prefer to think about the future of Bitcoin. Whales try to get people like me interested in trading.

Depends on how much Bitcoin you have, how you get them and at what price. If you bought some when the price was $4-5k, than current drop for you is not a big deal. Not a big deal if you spent $100 on bitcoin. But if you bought them for $100k at the price of 11,500 per bitcoin, then you would be in a worry Smiley

Other thing is in what "future of Bitcoin" you are confident in? That it will be used everywhere and it will substitute fiat money? Or that its price will higher than this year ATH or historical ATH?

 
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September 08, 2020, 11:00:26 PM
 #66

We are moments away from catering below 11k and she's only going to speed up on the way down.
Seriously guys it's time to take profit

If I'm not mistaking, I think over the past years (based on findings) it has been more profitable just holding bitcoin. Which means ignoring all the market crash and temptation of taking profit in the bullruns. This scenario isn't any different as in months coming anyone who's stupid enough to sell now would regret massively as news highs are in their way. Technically the hypes aren't over yet, the pandemic either isn't having any effect on how people preview the market.

Everything is working great for bitcoin and not forgetting it just completed its halving of block reward few months back meaning there are rooms for growth. In situations like this you should do nothing, seat back and watch those with the balls play with market.

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September 08, 2020, 11:04:13 PM
 #67

Least was 9825 and today it was 9875 so if we take a break even point of these two which will be 9850, it looks crucial to me and if this breaks down, the double bottom pattern will fade and this will go below 9k and probably reach 8700 in order to create a new lower low for this week/month.

Just for everyone's info, please check today's low over Binance, it played out exactly as predicted and reached 9850 but didn't break below it and bounced back with a superb $350 surge in price taking it above $10200 (if you see 1h chart). I believe we're still under too much pressure at this point and I'd avoid leveraging any position and would rather watch the markets as BTC is playing out near its major support and I don't think that leveraging a long position would be in our favor ATM. I'm not asking anyone to sell, but just beware of these levels.

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September 08, 2020, 11:51:46 PM
 #68

Least was 9825 and today it was 9875 so if we take a break even point of these two which will be 9850, it looks crucial to me and if this breaks down, the double bottom pattern will fade and this will go below 9k and probably reach 8700 in order to create a new lower low for this week/month.

Just for everyone's info, please check today's low over Binance, it played out exactly as predicted and reached 9850 but didn't break below it and bounced back with a superb $350 surge in price taking it above $10200 (if you see 1h chart). I believe we're still under too much pressure at this point and I'd avoid leveraging any position and would rather watch the markets as BTC is playing out near its major support and I don't think that leveraging a long position would be in our favor ATM. I'm not asking anyone to sell, but just beware of these levels.
Im currently holding as of this moment and tend not to trade (leverage) i do have the same views just like yours that we are indeed on too much pressure. We might or might able to break that big support if it would
be retested out once again since the price is playing on 5 digit price level and would likely or not just too far for it to be considered.Its just stressful nor just too risky to make out positions at the moment
but if someone can really took the risk then go ahead but just like yours its better to be on observation mode and wait up for the right opportunity.

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September 09, 2020, 02:22:02 AM
 #69

Least was 9825 and today it was 9875 so if we take a break even point of these two which will be 9850, it looks crucial to me and if this breaks down, the double bottom pattern will fade and this will go below 9k and probably reach 8700 in order to create a new lower low for this week/month.

Just for everyone's info, please check today's low over Binance, it played out exactly as predicted and reached 9850 but didn't break below it and bounced back with a superb $350 surge in price taking it above $10200 (if you see 1h chart). I believe we're still under too much pressure at this point and I'd avoid leveraging any position and would rather watch the markets as BTC is playing out near its major support and I don't think that leveraging a long position would be in our favor ATM. I'm not asking anyone to sell, but just beware of these levels.
Im currently holding as of this moment and tend not to trade (leverage) i do have the same views just like yours that we are indeed on too much pressure. We might or might able to break that big support if it would
be retested out once again since the price is playing on 5 digit price level and would likely or not just too far for it to be considered.Its just stressful nor just too risky to make out positions at the moment
but if someone can really took the risk then go ahead but just like yours its better to be on observation mode and wait up for the right opportunity.
Holders like us need nothing to be alarmed in this price trending because at the end of the day?Bitcoin value recover over time.
I would say there are so many things we need to consider when we are daytraders but for Holders?no we are cool.

It's not bad to sell some when you know you bought some during the bearish market but it's bad to sell when you know you are at loss. This is the only regret that you guys don't want to happen so think it thoroughly if you really have to sell now because AFAIK the bull run is just around the corner. Maybe it would happen this end of the year or maybe next year, who knows?
thats same thing i do wayback when i am sure that there will be a recovery happening soon,but now?i choose to Keep holding and not to sell any
amount from the downtrend couple ays ago.

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September 09, 2020, 03:21:58 PM
 #70

Sell now or regrets later?
Well, it could be your opinion and I understand that most (probably all) are here for investment. Profits are all that we wanted, some take the opportunity of buying more crypto during the bear season and sell it when the price rise. Of course, I'll do and I don't want to miss the good price again as it happens last Bullrun. It probably that most of us are weary for the incoming and that is because we are not sure about it.

If this could be an opportunity, then why we need to lose it?


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September 10, 2020, 09:41:47 PM
 #71

the regret for me is not buying more Bitcoin and not selling it.. Price changes are certainly a common thing in the market.  when the market is flushed, afraid that the value of its assets will continue to decrease, that's natural, but don't panic, panic will only make you lose, you will just miss the opportunity to make big profits on the next bull..

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September 10, 2020, 10:59:31 PM
 #72

Sell now or regrets later?
Well, it could be your opinion and I understand that most (probably all) are here for investment. Profits are all that we wanted, some take the opportunity of buying more crypto during the bear season and sell it when the price rise. Of course, I'll do and I don't want to miss the good price again as it happens last Bullrun. It probably that most of us are weary for the incoming and that is because we are not sure about it.

If this could be an opportunity, then why we need to lose it?
People does have different mindsets and even if you do say about on why would someone lose it then its neither a planned one or just missed out accidentally.
When you do talk about holding then this would talk for years or depend on the person on how long he would decide to held up his coins and decide on what would
be the selling point.

Common mistake on missing out these chances is that we dont actually know on what would happen on the future.We do hope for more even if its already the peak
and when the price had corrected then thats the time we do have regrets.

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September 10, 2020, 11:16:07 PM
Last edit: June 12, 2023, 02:37:40 AM by STT
 #73

I dont know that now is the time to pay attention exactly, Friday tomorrow and weekend approaching suggests to me to be more concerned next week.   However we are at a weekly average and possibly there is a fight between the recent rise and overall decline from recent peak pricing.   I dont especially expect a large sell off but I'm probably more negative in outlook then many, mostly I just see a trade downwards.



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Hypnosis00
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September 11, 2020, 01:46:10 AM
 #74

I dont know that now is the time to pay attention exactly, Friday tomorrow and weekend approaching suggests to me to be more concerned next week.   However we are at a weekly average and possibly there is a fight between the recent rise and overall decline from recent peak pricing.   I dont especially expect a large sell off but I'm probably more negative in outlook then many, mostly I just see a trade downwards.

It sounds interesting to see how the weekend affects the price. I'm not sure if the previous weekends will also be the same trend for this coming.


Because looking into the chart, the price still on the range but the volume it started to slow down. Well, it hopes that it gains back high again and investors will never just focus on Defi projects.
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September 11, 2020, 08:43:39 AM
 #75

Bitcoin has really lost some support levels since last week and it is advisable to sell now as panicking was start flowing into the market. I have seeing that bitcoin might go below $10,000 if it could not go above $11500 before closing of this week candlestick.
blckhawk
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September 11, 2020, 10:54:28 AM
 #76

Why create such a FUD? Perhaps if you will show us a statistical it might change my perception at least. Bitcoin was just hovering around $10k and it is quite low to sell, this will be definitely a loss if I sell it. Apparently, the best thing to do is to buy and accumulate more.

I don't think the market will fall, I've been here when Bitcoin plummets in 2018 when most of the coins almost fall in the floor, and then now that the whole market is somehow recovered. This probably enough reason why the Crypto market will not die.
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September 11, 2020, 10:56:53 AM
 #77

We are moments away from catering below 11k and she's only going to speed up on the way down.
Seriously guys it's time to take profit

Any suggestions what I should buy after selling??

Very curious for your insights...














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September 11, 2020, 12:03:54 PM
 #78

one should have tactics, and do not let emotions get in the way to common sense and planning, otherwise you will certainly regret it, sooner or later

emotion could bring one or two productive decision, but these will not get in the line, one will be a mistake sooner or later and that mistake could draw down all previous winners, so tactics should be made and one should stick with it
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September 11, 2020, 05:56:15 PM
 #79

We are moments away from catering below 11k and she's only going to speed up on the way down.
Seriously guys it's time to take profit
This time i am not own any bitcoin left, only small amount of Ethereum, but i think price of bitcoin wouldn't go down much from now. Maybe up and down a little will be happen, but i think stable price will keep happen until end of the year.

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September 11, 2020, 11:57:11 PM
 #80

Nobody can accurately predict what will happen in the future, we are all just speculating. The word used in the subject does not seem to be fitted, I mean "you WILL regret" as if it is a statement of verified truth.

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