Darker45
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February 23, 2021, 02:18:50 AM |
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At what price did you sell? And did you buy back when the price bottomed at ~$48,000?
It is so easy to panic. It is so easy to sell when the price starts dipping hard. But do you know its bottom? Do you know at what point will the price bounce back? How about the price right now, is it still selling time or is it already buy back time?
If you cannot give clear and firm answers on these based on solid analyses, you better keep hodling.
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AniviaBtc
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First 100% Liquid Stablecoin Backed by Gold
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February 23, 2021, 03:27:08 AM |
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Don't panic just because bitcoin is going back to its normal price and don't you ever sell your bitcoin.
If you sell it then you will surely regret everything that you've done when bitcoin's price increases again.
If you encourage people to sell coins then probably you have a bad mindset especially when it comes to an investment. You're really not a good influence, you should encourage people to hold as long as they can and selling coins when they see a dip is not a good option. Bitcoin is volatile and you should know that, "buy in the dip".
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Sithara007
Legendary
Online
Activity: 3374
Merit: 1354
Leading Crypto Sports Betting & Casino Platform
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February 23, 2021, 04:55:05 AM |
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LOL.. I have been around since 2014 and I have seen hundreds of such "crashes" till now. And let me remind you about what happened the last time the prices crashed. Yesterday, the exchange rates fell from $54,000 to $46,000 in around 1 hour and it took 1-2 hours for the prices to recover back to the previous level. Now I don't know whether the recovery will be fast this time or not... but only idiots would sell their coins at this point.
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VanDeinsberg12
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February 23, 2021, 05:47:35 AM |
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I wonder if this gonna be that classic panic selling and after few months going back up again and then people regretting over not buying bitcoin again, it's like a cycle honestly and if people can get take advantage of this kind cycle they could be winning, but topic is kinda misleading though I know it's just sarcastic but the title could make people really afraid LOL.
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davis196
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February 23, 2021, 06:33:49 AM |
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This thread belongs to the Speculation forum. If you really think that you can outsmart the Bitcoin market,by selling high and buying low,then go ahead and do it.Just don't give trading advise to other people and don't try to spread panic among the newbie traders. No experienced crypto trader in the world will pay attention to forum topics like this one. Perhaps someone should make a reverse forum topic titled "COIN PRICES CRASHING!!!BUY BITCOIN NOW!!!,because the time for buying more coins will come soon.
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adzino
Copper Member
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Activity: 3024
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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February 23, 2021, 07:28:04 AM |
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Lol, sure please sell all your coins and wait for the biggest dip (which I doubt will happen now, and even if it happens, I hope the dip doesn't go anywhere near your selling price). You really expect that the price will rise, you will sell and then you will buy when the price drops again? Lol, easy to day dream but this is not how it works. Well it does happen like this sometimes, but not always. And if you are looking for a long term good profit, holding is your only way. Stop spreading fear. This is not a price crash, it's just an healthy price correction.
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carlisle1
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February 23, 2021, 08:06:29 AM |
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Bitcoin price is dipping! Sell into cash now! When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash. When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!
SELL NOW!!! Help the prices crash the PHOQUE out so my gains may be even greater!!! And yours too, I guess.
So I know why the market is crashing now because of Weak Investors like you Just because you saw the price is dropping meaning you need to go along with those panicking to sell out your coins . Specially Bitcoin in which not easy to crash in our time now because Bitcoin is well supported now and manipulator cannot just turn their back just like that. I wonder if this gonna be that classic panic selling and after few months going back up again and then people regretting over not buying bitcoin again, it's like a cycle honestly and if people can get take advantage of this kind cycle they could be winning, but topic is kinda misleading though I know it's just sarcastic but the title could make people really afraid LOL.
Maybe this is the correction ? those who wanted to make money is starting to sell out and take their piece of cakes from the Bullrun.
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Obito
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February 23, 2021, 09:26:54 AM |
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Price is not 'crashing'... It is simply returning to the previous normal of moderate price rising and falling in waves. Panic selling just because there is a dip in exchange rates is the worst possible thing for anyone to do!
Yes the waves are now up & down several $k but the percentage of rise and fall is still rather small and that is what matters the most. When there is a significant dip that is the time to BUY, not sell.
This is actually a good opportunity to buy bitcoin instead of selling, you need to hodl more bitcoin because as @NotFuzzyWarm says, the price is not crashing. I wouldn't be fazed that the prices are going down because I know for a fact that when people are panicking, the smart ones will be buying their share of bitcoin because the prices will just go back up where it should be.
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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February 23, 2021, 09:42:30 AM |
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I wonder if this gonna be that classic panic selling and after few months going back up again and then people regretting over not buying bitcoin again, it's like a cycle honestly and if people can get take advantage of this kind cycle they could be winning, but topic is kinda misleading though I know it's just sarcastic but the title could make people really afraid LOL.
It's a cycle indeed, those who are aiming to hold more will take this advantage. While those who are fearing of losing more money will difinitely sell out and go with the flow, it's just painful once the bounce take place much earlier and the next target is far higher than the last ath, there are many speculations listening to those opinions only confuse you and lead you to lose your money.
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oHnK
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February 23, 2021, 11:20:51 AM |
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Today is not the day of the destruction of BTC and crypto, only a correction of how long we have been harvesting. Isn't this very natural if there is a price correction. If the price continues to peak without any correction then it becomes an even bigger threat because no one can guarantee what crisis will hit crypto later. Calm down bro, you look amateurish with your fear. Correction of 15% is not very normal if you see that you have been harvesting hundreds of percent of profits?
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Kakmakr
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Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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February 23, 2021, 11:33:01 AM |
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You not serious... are you? You want people to listen to you and sell their coins for the price to drop ...so that you can make a bigger profit.. buying on the dip! Why would people even want to do that... for someone they do not even know and care about. A lot of people could care less about trading or speculating and making profits. A large group of people want price stability, because they want this experiment to succeed as a Currency and not as a speculative high risk investment. Please people, DO NOT listen to this.... if you want Bitcoin to succeed as an alternative payment option. (Satoshi's goal)
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newwest
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February 23, 2021, 11:39:15 AM |
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As one of many people that late to all in, I honestly hope the price will dip to the bottom so I can fill my bag with that cheap btc. But unfortunately it won't be like that, because bitcoin still have good fundamentals these days. 50k is the new standard.
Well its risky if you sell it under assumption it will continue falling and if btc rises back quickly and you do not buy it then you are nowhere because you would not buy again at 52-55k thinking it will fall and if it does not fall and say rises above 60k then you lose that opportunity of making money. So its a risky bet those who want to take a chance can do it else for long term investors do not think it that much of a worry.
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Vishnu.Reang
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February 23, 2021, 12:41:10 PM |
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IMO, the Bitcoin community needs these corrections once in a while. There are a lot of noobs out there who have joined the party. They believe that Bitcoin will make them a billionaire overnight. It is necessary to shake off these idiots from the cryptocurrency sector. A couple of market corrections will persuade them to sell their coins and make the exit. This will make sure that only serious investors committed for the medium or long term remains at the market. I just hope that the prices stay below 50K for at least a few days.
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imstillthebest
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February 23, 2021, 01:00:32 PM |
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you have to wait for this moment the crash of the price before you decide to sell all your coins ? wow but you could have sold earlier when theres no crashes that occur . not only that makes you not loose but it also makes you earn more than ever . SELL NOW!!! Help the prices crash the PHOQUE out so my gains may be even greater!!! And yours too, I guess.
how can you earn more and them when the price crashed quickly or you mean to say you will buy more but theres no guarantee that you can earn more with that because we cant tell if how long we can be able to hold . keep in mind that different factors can affect our decisions .
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YOSHIE
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Merit: 1785
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February 23, 2021, 01:03:53 PM |
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It's great today investors and traders in general are all messy, this is great, really rare in 2021, like it's raining.
Unexpectedly Bitcoin has dropped to the level of $ 49,000 and next, what happened, everyone panicked, is this also a game from Elon, maybe not, but everything is red, this is really a rare phenomenon, far from predictions.
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ChiBitCTy
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Merit: 3425
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February 23, 2021, 03:25:38 PM |
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Bitcoin price is dipping! Sell into cash now! When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash. When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!
SELL NOW!!! Help the prices crash the PHOQUE out so my gains may be even greater!!! And yours too, I guess.
Are you a financial advisor ? I didn't think so..you really shouldn't be giving financial "advice" if you don't know what you're doing, and that is pretty clear that you do not by reading this. You are trying to time the market, and that 9 out of 10 times ends up backfiring on people unless they happen to get lucky. You have no idea what people are holding bitcoin for. Not everyone is holding it just for an investment like you are. You also don't have any clue when the "dip bottoms out" is going to be. Hence the term "trying to time the market". This is reckless advice and not suited for everyone.
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mezzaluna
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February 23, 2021, 03:30:57 PM |
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Bitcoin price is dipping! Sell into cash now! When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash. When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!
SELL NOW!!! Help the prices crash the PHOQUE out so my gains may be even greater!!! And yours too, I guess.
This move can only be done by daily traders because they see this as another opportunity to sell high and then buy low for other Cryptocurrencies. Another thing is lay off with the warnings because it might endanger the investments of most newbies since they might follow the trend and might lose more money instead of gaining some. We should treat this as another opportunity to buy more Bitcoin and invest or maybe this might be the opportunity for Bitcoin having that stable value.
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menoiazei
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February 23, 2021, 06:30:41 PM |
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don't panic and Buy the drop!!!
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Cause is not before and effect is not after
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Poker Player
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February 23, 2021, 07:17:56 PM |
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Yes, of course, I am going to do what you say because you say so.
Actually, what history has shown us is that the most profitable way to get rich with bitcoin is just buy and hold. It saves us a lot of stress and headaches too. You are trying to time the market and those who play with fire will get burned.
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████ | ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ US PRESIDENTIAL ELECTION 2024 ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | | TRUMP vs HARRIS | ████
████ | █████████████████████████ █████████▄▄▄▄▄▄▄▄ █████████▄▀▄░░▀▄▄▀▄ ██████▐█▄▄▀░░▄▀▄▄▀▐ ███████▀▀▄▄▄▄▄███▌█ ███████▐▄▄▄▄▀▄▄░█▌█▌ ██████▐█▀██▀░▌▄▀███▌ ████████▄░░▄▄█░▄██▀ ███████▐░░▄▄▄▄░▐█▌ ████▄▄███▄▀▀▀▀▀█▀█▄▄ ▄▄███████▀█████▀░█████▄▄ █████████░░▄█▄░░▐████████ █████████████████████████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | | | | . BET NOW . |
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PixxelDesign
Member
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Activity: 69
Merit: 15
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February 23, 2021, 07:44:32 PM |
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Buy the dip, you won't regret it. A correction is an essential movement of a bull market, nothing can go up all the time.
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