uneng
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February 23, 2021, 05:00:14 PM |
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Not even up to $100k and lots of weak hands and laying off the bags making sharp price drop but I gues with next terget at $60k and above. Lots of surprises in the next couple of days.
I wouldn't say weak hands, I would consider them more of a traders, they know the opportunity so they have to profit from it. Hodling alone will not be a good thing for you if you are dealing with bitcoin because you will see the market going up and down all the time so you might as well exploit the fact that you see it and trade your bitcoin. It is a good thing that they are laying off the bags right now because others will buy more bitcoin. There are traders and speculators, but there are also many weak hands following their lead and on the contrary of traders and speculators, weak hands don't make profit and keep perpetuating the cycle of buying high and selling low. Panic buying or selling is never good. If an investor doesn't have much experience on this market it's better just to hold, otherwise he will be another weak hand losing money.
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greysorc
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February 23, 2021, 05:05:32 PM |
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At $100K per BTC, that's a price we would see some serious selling by people that want to take profits. In my opinion, instead of selling or blindly holding at that price levels, we should be more concerned to know when the overall market sentiment changes from bullish to bearish or if it continues to stay bullish. Since no one can confidently call the top of this bull run, it's better to profits at important levels and then look for an entry lower than you sold. That way, you end up with more. During the last bull run, a lot of people made money on paper but when the bear market came, they went back to square 1 because they were only profitable on paper and didn't take profits when they saw it.
My point? Hold but don't hold blindly. Take profits as time goes.
Is theory this is right, but as you said, no one can know where the top is. If you sell and then the price skyrocket afterwards, you end up loosing. I really believe the HODLING is the best strategy, if you believe on the technology on the long term.
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Bitcoinislife09
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February 23, 2021, 06:26:07 PM |
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If BTC will reach $100K of course.
Why?
Because it's a milestone for many.
But not for all.
Don't be weak and give it all to the whales.
Be strong.
Its already starting because of the correction on 58k$ and now we are already down to 47k$ I think bitcoin wouldn't go down that much if people would continue to hold for a long term investment up to 100k$ but it's still going down until now so I guess a lot of people are panic selling. For sure on the way to 100k$, there will be a lot of up and downs and until the bull season is over sure there will be a lot of people that will sell their bitcoin it's really hard to hold especially if you see the market price of bitcoin going down, and it's easy to hold your bitcoin when the market price is pumping.
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Khaos77
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Flag Day ☺
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February 23, 2021, 06:27:49 PM |
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Weak Hands showed up early at $58K.
Tether Manipulators cashing out.
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iv4n
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February 23, 2021, 06:39:19 PM |
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Weak Hands showed up early at $58K.
Tether Manipulators cashing out.
Many bought at lower prices, we can see selling as weak hands, but it can be just collecting profit, and waiting for the dip to buy again! Pretty much the old thing in the crypto! Well manipulators are whales, people who have big capital, and when they move it from crypto to fiat, or vice-versa, we all feel it! To be honest, I expected some correction at lower prices, but Bitcoin went a lot higher! Now it's a question is this drop is just temporary, or we are going down for real... probably we will have to wait few days to see what's happening!
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randegibran
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February 23, 2021, 06:41:37 PM |
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Weak Hands showed up early at $58K.
Tether Manipulators cashing out.
Many bought at lower prices, we can see selling as weak hands, but it can be just collecting profit, and waiting for the dip to buy again! Pretty much the old thing in the crypto! Well manipulators are whales, people who have big capital, and when they move it from crypto to fiat, or vice-versa, we all feel it! To be honest, I expected some correction at lower prices, but Bitcoin went a lot higher! Now it's a question is this drop is just temporary, or we are going down for real... probably we will have to wait few days to see what's happening! Today is panic day because bitcoin dump extremely and now waiting what happen with tomorrow, can bitcoin back higher or keep continue see bitcoin down. I look not be patient with my altcoin still hold because loss much money, I don't know keep holding or looking other way how to get back my profit with cut loss or anything have I do
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pixie85
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February 23, 2021, 11:09:15 PM |
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Looks like we see a lot of weak hands at 54000.
This is the biggest selloff in Bitcoin's history, so that says something about the people who entered after Tesla news.
Pretty much everything above 50 thousand is weak hands and small fish.
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randegibran
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February 25, 2021, 04:50:38 PM |
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Looks like we see a lot of weak hands at 54000.
This is the biggest selloff in Bitcoin's history, so that says something about the people who entered after Tesla news.
Pretty much everything above 50 thousand is weak hands and small fish.
Last three days after bitcoin correction and going down still not stable for bitcoin raise to higher price, now still down under $50,000 and how bitcoin break out higher price with consistent on stable price. Maybe many aspect why make bitcoin could be dump drastically more than 10k dollar because panic selling from many investor and make bitcoin weakness to lower price.
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Fatunad
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PredX - AI-Powered Prediction Market
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February 25, 2021, 05:27:39 PM |
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Looks like we see a lot of weak hands at 54000.
This is the biggest selloff in Bitcoin's history, so that says something about the people who entered after Tesla news.
Pretty much everything above 50 thousand is weak hands and small fish.
Last three days after bitcoin correction and going down still not stable for bitcoin raise to higher price, now still down under $50,000 and how bitcoin break out higher price with consistent on stable price. Maybe many aspect why make bitcoin could be dump drastically more than 10k dollar because panic selling from many investor and make bitcoin weakness to lower price. This simply shows that this wont be a smooth but rather a very bumpy ride.We cant just expect that there would be some similar run from 20k-50k kind of price rise if we do talk about going from 50k to 100k price point. Not to be that negative but this price cant really be attained in a short span of time this is why i wont really recommend for someone to anticipate or hope that much even though bitcoin can really possibly go to those heights because it would really be frustrating thing if bitcoin wont able to hit up on what you had anticipated.Everything does have its own right time and when adoption is going almost in full scale then might possibly able to see those numbers but why should be in a hurry eh?
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Wilhelm
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February 25, 2021, 06:26:59 PM |
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Price of the btc will be decreasing soon. But we should hold our bitcoin patiently. $100k is not a tiny amount and for reaching this, it will take more times.
You haven’t been in Bitcoin long enough. There is about to be a 3-4x grow to go before the decrease based on the last two cycles. One way to recognize it is when coworkers and your grandma start talking Bitcoin. It will go up $10000 an hour... once this trend starts GTFO. I Think it will ATH at $190k to $220k and crash back to 35k. Above $100k things will get unstable and crazy...
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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djgtr
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February 25, 2021, 09:28:45 PM |
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If BTC will reach $100K of course.
Why?
Because it's a milestone for many.
But not for all.
Don't be weak and give it all to the whales.
Be strong.
Nice thoughts, let's leave it up to wealthy guys then have a chilling moments while waiting for our assets to grow further. Everybody seems to be anxious this time, but if we have to think fairly about holding btc or whatever coins you've got, learning to have control is very important. Even with my experiences, I was weak many times that's why I am motivated now to face another chapter of challenges.
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Wilhelm
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February 25, 2021, 09:34:18 PM |
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If BTC will reach $100K of course.
Why?
Because it's a milestone for many.
But not for all.
Don't be weak and give it all to the whales.
Be strong.
Nice thoughts, let's leave it up to wealthy guys then have a chilling moments while waiting for our assets to grow further. Everybody seems to be anxious this time, but if we have to think fairly about holding btc or whatever coins you've got, learning to have control is very important. Even with my experiences, I was weak many times that's why I am motivated now to face another chapter of challenges. Me 2. The next 5 years will make BTC go to 1-2M per coin...
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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francois-cooper
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February 25, 2021, 09:35:44 PM |
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Many people will just take profits. It could be smart for people who bought around 4k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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LUCKMCFLY
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February 25, 2021, 09:45:50 PM |
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Many are waiting for the price of Bitcoin to reach $ 100k to sell, that is true, but they do not realize that it is just a nice round number, that it can increase even much more, only those who have financial intelligence if they see it, Because they have been in the world of investment, it is very difficult to change mentalities, usually people change according to experience, and when it comes to money, many with obtaining a percentage of more, do not see the intrinsic value that it represents the Bitcoin.
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Oasisman
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February 26, 2021, 09:41:43 AM |
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Seems we even have weak hands at 50k why do we need to wait for 100k? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) We saw weak hands at 10k, 20k, plenty of other milestones that saw a lot of huge dips like now. Remember less than a year ago in March? Everyone was selling in March! Can't blame these weak hands people, they're just seizing the moment while they can make good return. Not everyone is aiming for a long term and bigger profit. However, these weak hands will surely have regrets in the future for selling too early and buying back at a much higher price. But then again, we can't blame them, that's how the market works. Weak hands, whales, long term hodler, and crypto enthusiast are all part of the crypto ecosystem.
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chikading2016
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February 26, 2021, 01:52:21 PM |
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Seems we even have weak hands at 50k why do we need to wait for 100k? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) We saw weak hands at 10k, 20k, plenty of other milestones that saw a lot of huge dips like now. Remember less than a year ago in March? Everyone was selling in March! Can't blame these weak hands people, they're just seizing the moment while they can make good return. Not everyone is aiming for a long term and bigger profit. However, these weak hands will surely have regrets in the future for selling too early and buying back at a much higher price. But then again, we can't blame them, that's how the market works. Weak hands, whales, long term hodler, and crypto enthusiast are all part of the crypto ecosystem. I agree on that there are so many people that posibly sell if we reach $100k but we cannot blame them maybe that is the strategy or maybe they set $100k as a limit, sometimes we need to sell for assurance because sometimes greed can male as loss. The important thing here is we earn it dosent matter how big or small it was as long as we earn.
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ice18
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February 26, 2021, 03:58:04 PM |
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Always take profit thats the strategy of a wise investor and taking profit at $100k is the best thing to do I cant call them as weak hands since they able to hold up to this point many weak hands already tempted to sold at 30k-50k level then realized to buyback again to 70k lol if a holder able to hold at $150k without selling any amount after years ago then I can call it a true believer.
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KryptoKings
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February 27, 2021, 08:26:12 PM |
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If BTC will reach $100K of course.
Why?
Because it's a milestone for many.
But not for all.
Don't be weak and give it all to the whales.
Be strong.
No. If BTC reach $100k, nobody would want to sell it because they would knew btc's true vakuiby then. Small holders will never sell it because of fear of not being able to buy it back again. Only whales will dump because they have big amount. Every dip brought more small holders and more small holders mean more stability in BTC price.
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robelneo
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February 28, 2021, 11:05:28 AM |
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If BTC will reach $100K of course.
Why?
Because it's a milestone for many.
But not for all.
Don't be weak and give it all to the whales.
Be strong.
I consider this a milestone for everybody, not only for those long-term holders but the whole community because we have proven, that Bitcoin can reach that level when in the beginning even when it's already ten years old people consider it as a bubble ready to burst anytime. I don't consider people who sold in $100k weak hands if they are long-term holders, they deserve their profit.
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Oilacris
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February 28, 2021, 04:10:19 PM |
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If BTC will reach $100K of course.
Why?
Because it's a milestone for many.
But not for all.
Don't be weak and give it all to the whales.
Be strong.
How about on the current situation we are in? Bitcoins price is falling gradually and for sure those weak hands are starting to have doubts on selling because they are seeing their portfolio is going in deep reds. As anticipated or expected that these things wont really be a smooth sail ride.We might see the price had rose up that high but not into that extent where its a bit too fast if we did really reach that one. Weak hands are now starting to show up and if this price will continue to fall then that would surely be making some stream of negative sentiments and analysis towards the market.
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