Reatim
Sr. Member
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Activity: 3038
Merit: 383
Wheel of Whales 🐳
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February 06, 2021, 11:31:00 AM |
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Well, that is call panic sell. You should at least check the flow chart before selling your bitcoins. The cost isn't fluctuating rather it's expanding and there's a huge possibility that it will ascend to $50k. It might go down as low as $15k however difficult to cross $6000.Anyways there's still an ideal opportunity for you and since bitcoin is decentralized you can even now include your cash on it because $50,000 isn't far enough
That's why you called panic because he does not care for what is the chart but he is relying in FUD or other negativity that comes His way so decided to sell instantly . and the bad thing is will feel the bitterness after deciding. This is your choice and every one is free. But in my opinion there may be some special in this month for bitcoin. Bitcoin price can ho high even 5k in this month. Little wait can give you profit.
Yups and need no one to blame , our boat our control , our funds our decision , so if you don't wanna feel sorry , then better Keep the holding and forget conversion.
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MinerHQ
Legendary
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Activity: 1456
Merit: 1023
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February 06, 2021, 11:45:36 AM |
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Not selling would be a terrible lie. How can you keep it from mid-2018 to ~ 6k $ and sell when it reaches X2, X3 is beyond imagination. Because, we can speculate on better buyback opportunities. Can't hold any longer if it blooms at $ 41k. Regret and assertive for this trend? a fine line for greater success.
I'm holding my bitcoins which I brought below $1000. But I took back my investment long back and I think bitcoin has a lot to give in this bull run. Big institutions just started to come in so you will see 100K before the bear market start.
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Red Pie
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February 06, 2021, 12:42:33 PM |
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Since corporate purchases, I don't think bitcoin will drop that much. The levels it dropped after the old bull season was up to $ 3000. now there is a different world and a different economy. bitcoin and this sector in general is included in the investment portfolio of corporate companies. If you wait for $ 6000, you may miss the next rally as corporate firms reduce their average costs with new purchases, even if there is a decline. Of course, the choice is yours.
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Sabuj_pal
Newbie
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Activity: 13
Merit: 0
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February 06, 2021, 02:24:47 PM |
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I have no intention to sell my btc before April. Hope it will go higher.
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Peanutswar
Legendary
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Activity: 1750
Merit: 1344
Wheel of Whales 🐳
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February 06, 2021, 02:46:46 PM |
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One of my success is I already bought bitcoin at the price of 3k and 5k USD I'm not knowledgeable in terms on this but the problem is when it hits for another 10k market I already sell my Bitcoin why? Because I take profit after the bitcoin dumps this is the time I bought another one usually just to follow the trend and again I sold my Bitcoin when it reaches to 23k mark and then later I realized why do I sell those coins not even waiting for the bitcoin ATH because I'm a newbie in terms of investment but just keep learning for another 3 years of Bitcoin I will not take a hold and wait just to get the highest another profit of all time. Even tho it quite risks still a profit.
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repear7
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Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
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February 06, 2021, 03:04:48 PM |
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I sold my BTC when price was $11000 I just waiting for another chance to buying bitcoin. I promised I would never sell at under 40k. I missed the big profit.
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Kittygalore
Member
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Activity: 868
Merit: 63
DeFi Analytics Enthusiast | Data-Driven Insights
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February 06, 2021, 03:32:45 PM |
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I sold my BTC when price was $11000 I just waiting for another chance to buying bitcoin. I promised I would never sell at under 40k. I missed the big profit. I did at around 18k but I do not mind selling at that point, the important thing is I got a profit for hodling, I am still hodling a fair amount but that is besides the point which is hindsight, we didn't know that it was going to rise this high this fast so we saw an opportunity to sell and so we did and there is nothing wrong with that, the only wrong in that situation is not grabbing the opportunity to sell because the bitcoin market is volatile. Don't make promises my guy, promises gets broken instead you should make plans like selling a portion of what your hodling for a profit and marking a certain market price where you are going to sell and to buy, makes the perspective more objective. Don't bury yourself over the size of the profit that you got, profit is profit.
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SmokerFace
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February 24, 2021, 03:59:25 AM |
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Well, that is call panic sell. You should at least check the flow chart before selling your bitcoins. The cost isn't fluctuating rather it's expanding and there's a huge possibility that it will ascend to $50k. It might go down as low as $15k however difficult to cross $6000.Anyways there's still an ideal opportunity for you and since bitcoin is decentralized you can even now include your cash on it because $50,000 isn't far enough
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Mr.sprin
Full Member
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Activity: 1554
Merit: 129
Buzz App - Spin wheel, farm rewards
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February 24, 2021, 05:27:49 AM |
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if I had bitcoin I would sell it now a lot of people have regretted selling bitcoin in 2018 they didn't think bitcoin would go up drastically and lucky for those who hold bitcoin in their wallet this is the result of your great patience. You are very lucky.
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panganib999
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February 24, 2021, 06:23:06 AM |
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if I had bitcoin I would sell it now a lot of people have regretted selling bitcoin in 2018 they didn't think bitcoin would go up drastically and lucky for those who hold bitcoin in their wallet this is the result of your great patience. You are very lucky.
We actually don't have any idea that bitcoin will just jump to it's all time high this year. We end up regretting our decision of not investing in bitcoin way back but of course we must not be that so devastated because of the regrets but we must learn this time that we sometimes need to take risks in order for us to earn and make profit. Moreover here in cryptocurrency like bitcoin, because we all know how this things are risky. Yes indeed, the user are very lucky to have bitcoin savings and did able to sell it for a higher price this day yet can also look it into the bright side and be this situation or experience example that taking risk is worth it.
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ukw
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February 24, 2021, 08:29:50 PM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
It may be too late, but this is the basis of cryptocurrencies - the belief in them. This is exactly what I think should be avoided in market downturns. We should not sell, overwhelmed by the mass excitement of panic.
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hemzer
Jr. Member
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Activity: 43
Merit: 7
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February 24, 2021, 10:01:47 PM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
OK so you sold your BTC to FIAT because FIAT holds its value in the long term I am no body to judge you but Good luck.
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Ewox
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February 25, 2021, 02:50:39 AM |
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I hope you didn’t regret selling your Bitcoin with its current price now. And it is normal that dome people are afraid they might lose the fiat value of bitcoin they invested and so they sell them before the price in fiat decreases. I on the other hand sold some of my Bitcoin because I needed to buy things to start up my business when the value increased but I still manage to keep some of them for ling term hodl.
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Matimtim
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February 25, 2021, 05:11:54 AM |
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Gor me if you realy want to earn money using your bitcoin you need to hold it for long time and wait for good things happen in the market situation, and in that situation you can make your own profit.
Holding your bitcoin in your wallet is little risky because its price is uncontrollable but if we conduct our own study about Bitcoin price history we can prove that holding your bitcoin is not wasting time or not wasting money because there is a big possibilities that the price of bitcoin multiply after several months.
Remember before you succeed you need to take the risk and sacrifice a little things, but yes it just my opinion base on my own observation.
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bryant.coleman
Legendary
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Activity: 3780
Merit: 1219
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February 25, 2021, 06:02:01 AM |
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I hope you didn’t regret selling your Bitcoin with its current price now. And it is normal that dome people are afraid they might lose the fiat value of bitcoin they invested and so they sell them before the price in fiat decreases. I on the other hand sold some of my Bitcoin because I needed to buy things to start up my business when the value increased but I still manage to keep some of them for ling term hodl.
You have sold your coins and now you are advising others not to sell theirs. There is an irony in this. Prices have gone up by 400% during the last 12 months, and this is the right opportunity to book partial profits. But that doesn't mean that you need to sell all of your coins now. The best idea would be to sell 10% to 20% of the coins and keep the rest for the long term (>3 years).
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angrynerd88
Sr. Member
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Activity: 910
Merit: 253
Hodlers Network
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February 25, 2021, 03:02:05 PM |
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Actually this is the excellence of this cryptoworld, Everyone totally free to do anything you need, in my opinion you sold as well early since there's still room for dangerous development within the showcase but typically not a awful put to offer, be that as it may where I think you're certainly off-base is in your objective of buying when the cost comes to 6k, agreeing to my information and my analyzes that level is gone for great, in the event that anything I will be astounded in the event that the cost goes at least but another opportunity for speculators to purchase at moo and HODL.
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Inkdatar
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February 25, 2021, 04:09:20 PM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
It may be too late, but this is the basis of cryptocurrencies - the belief in them. This is exactly what I think should be avoided in market downturns. We should not sell, overwhelmed by the mass excitement of panic. We have to accept the fact that market is full of surprises by seeing the market no one knows that price will jump over $50k. Many regrets selling their assets early the thought that price will further decline. True that's the problem overwhelmed when there’s a sudden pump so the best move is we should have a goal when to sell your bitcoin.
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JahriMeayer
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February 25, 2021, 04:40:20 PM |
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Once upon a time i was a owner of many bitcoins. I keep investing those on altcoins and face loss.now i don't have much amount worth bitcoin cause i sold bitcoin during Epidemic as i believe bitcoin isn't more important when life is in danger.but i hold my rest of bitcoin till $29k cause i knew that bitcoin isn't going to crash again at $20k but maybe happened if it cross more than $29k+. Although i was wrong but glad seeing the success of bitcoin
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Quidat
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February 25, 2021, 04:45:14 PM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
It may be too late, but this is the basis of cryptocurrencies - the belief in them. This is exactly what I think should be avoided in market downturns. We should not sell, overwhelmed by the mass excitement of panic. We have to accept the fact that market is full of surprises by seeing the market no one knows that price will jump over $50k. Many regrets selling their assets early the thought that price will further decline. True that's the problem overwhelmed when there’s a sudden pump so the best move is we should have a goal when to sell your bitcoin. It would really be lots of hit and miss if you do deal with this speculative market because due to unpredictability then you wouldnt know on where and when those prices would really move on. One thing which is important is you do able to make profits neither what would be the market condition would be.It will be depending on how you do make out some good or call decisions towards your portfolio.If you dont know on what you are doing then you would definitely be messing out your investment.Also, investors can be classified neither a short term or long term hodler So this would be a case to case basis on selling out their coins because each does have its own targets.
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LittleBitFunny
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Activity: 1414
Merit: 129
The first decentralized crypto betting platform
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February 25, 2021, 04:52:50 PM |
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I am not in favor of selling bitcoin. I think everyone should buy some Bitcoins at cheap price and keep them in a safe non custodial wallet for their future generation. You should invest some money in Bitcoin just like you buy land, property or Gold to secure your future. Those who bought Bitcoin at a lower price last year and Hold them are successful person today.
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