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Author Topic: Game over to Bitcoin Time to sell all  (Read 1357 times)
OcTradism
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April 20, 2021, 06:53:08 AM
 #21

They are right, bitcoin is not for the weak hands because they are easily panicked by sudden decrease in bitcoin's price.
Weak hands or strong hands, if they already make one bitcoin trade, investment, they will do more. Weak hands will sell at bottom when they fear and buy at tops when they feel safe. They will repeat their top-buys, bottom-sells many times till the day they lose all capital.

Wrong place to spread fuds like this. Most people here already know btc well and experienced the 2018's crash. For me it is normal to have a correction like this, we've been hitting new ATH since the year began, I was shocked that it quickly increased when it surpassed the $20k mark. For me it is a good opportunity to buy now but I don't suggest going all-in so if the price goes lower you can still load up your portfolio and wait for the next rally again.
In bull run, dips are chances to buy more bitcoin. Don't invest in bitcoin and don't hold bitcoin if you don't believe in its future. To believe in its future, people must learn bitcoin basics: total supply, block reward halvings, decentralization, etc.

Crashes are not impossible in bull market but buy up the crashes if you have money. The crash in March 2020 is the last test for the bull run after the halving in May 2020.

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20kevin20
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April 20, 2021, 06:54:22 AM
 #22

Oh, Bitcoin is dying again... wonder if anyone has ever counted how many times it did so far Cheesy If 10-20% is a big crash for you, just wait and see when it's gonna drop more than 50%.. or when it drops heavily for a few days, only to be followed by a bullish explosion.

It's Bitcoin. You never really know when to purchase and when to sell before it's too late. Best strat is hodling with DCA.
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April 20, 2021, 10:25:26 AM
 #23

I think it's very premature to start selling when the price is only 7.5% lower than a week ago and only 5% lower than a month ago. This is indeed a tiny correction which can be followed by the price growing and being above $60k once again. I think a lot will be decided by panic-selling newbies, just like the last time. If they think it's the beginning of the end, we might see the bearish market coming sooner than expected. However, it seems to me that there's still strong support for the price of $50k, but there's just not enough support to maintain the price at $60k level, so it keeps falling a little each time.

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April 20, 2021, 10:52:43 AM
 #24

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

Well, I'm not totally certain if the bear market has already begun but a little correction just like we have now doesn't mean it will continue to go down. Remember Bitcoin recently break the resistance and set a new ATH of course expect that there will be few people who will make a profit and goes for correction. And we know that correction is healthy for the market for it to reach even higher. We've only been sitting on $55k yet you think this will be the start of the bear market, seems you have weak hands or perhaps you just want to create FUD unfortunately, none of them fall for it.
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April 20, 2021, 11:02:53 AM
 #25

Dont be so gloomy. A short dumb cant not guarantee anything. Moreover, bitcoin does need a correction since its price has increased for weeks. $65k is the highest peak so a 20% correction is ok. Even if we enter the bear market, I only see opportunity for me to buy more bitcoin with a cheaper price





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judas
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April 20, 2021, 11:20:02 AM
 #26

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

What is your basis on saying this? Only two months ago, we saw a similar decrease in the price and also how it came back to its old levels. There is nothing that may cause us to think like this for now. Of course, it can also drop down more too but we can't be sure of anything.

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April 20, 2021, 01:33:32 PM
 #27

I probably won't do it now. Although it is unlikely that my decision will have any impact on the market.

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April 20, 2021, 01:52:26 PM
 #28

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.
By the end of this month, Bitcoin had collapsed.  However, the rise and fall of the market in the world of cryptocurrency is a trivial matter.  Today the market has collapsed, but tomorrow the market will not rise to say it does not leave time.  Be patient, everything will be fine.
You're right! Be patient and everything will be fine! Every market has a regular increase in prices. Don't make the electronic money market discount but rush to sell off Bitcoin. If anyone fears and sells Bitcoin, the more decaluated prices will benefit from stocky investors.
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April 20, 2021, 02:13:20 PM
 #29

Instead of being pessimistic about what's happening in the market right now, why don't we just pay attention on monitoring the price pattern of bitcoin? Maybe it wouldn't go that way always but at some point, you can use that price movement to determine what can happen next with your holdings. Also, we need to remember how frequent bitcoin's value has gone up and as such things keeps on occuring, correction will surely take place to stabilize bitcoin and avoid seeing it lose control. Soon, bitcoin will stabilize once again or might even go up, so let us just have faith and believe that everything will soon become alright.
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April 20, 2021, 02:26:08 PM
 #30

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

Why do you care? Two days ago you said you don't hold any bitcoin.

I hodl. But not btc.


So, go back to your altcoins shithole that you crawled from.
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April 20, 2021, 02:54:37 PM
 #31

Currently the value of bitcoin is going down again we should not  lose hope because it will go up again. It happened before, we should tried to be patient for us to gain more profit and dont sell all. For me, I do believe of what bitcoin can do for us. And who knows because of bitcoin, our life will change for the better.
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April 20, 2021, 04:06:27 PM
 #32

You're just the one panicking if you sell everything and say Bitcoin is doomed. Your goal in creating this thread is to spread the FUD so that other people sell their bitcoins.

It doesn't seem like it will work, people who own a lot of bitcoins won't even sell all their assets so easily. The current market correction is necessary because the market is saturated. Everything will be alright.

R


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April 20, 2021, 04:18:53 PM
 #33

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.
A bear market that quick? Dark time? How can be that description of yours happen if we're still in good times for bitcoin. You're looking at the daily charts.
If you look in that manner, you would really think that we're in the bear market. This isn't a massive crash, a massive crash will show you that everything is going down in a quick glance.

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Mamun74
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April 20, 2021, 04:20:58 PM
 #34

I think, We should be patient for this year.Bcoz bitcoin price is rising day by day.Now bitcoin price average $55k-$56k.I Think bitcoin price will be reached $70k this year.So be patient, everything will be well.
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April 20, 2021, 04:41:31 PM
 #35

Instead of being pessimistic about what's happening in the market right now, why don't we just pay attention on monitoring the price pattern of bitcoin? Maybe it wouldn't go that way always but at some point, you can use that price movement to determine what can happen next with your holdings. Also, we need to remember how frequent bitcoin's value has gone up and as such things keeps on occuring, correction will surely take place to stabilize bitcoin and avoid seeing it lose control. Soon, bitcoin will stabilize once again or might even go up, so let us just have faith and believe that everything will soon become alright.

Instead of paying attention, why not encourage OP and others like him to keep on selling? Every purge strengthens the floors for us, delays the climb and firms up the charts. I mean, I'm actually somewhat disappointed by the dump/bears, if this is what it takes and this is all it gives, really, I am not entertained.

If only they started using more reputable accounts too. I swear, quality of FUD has really gone to the dogs.

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semobo
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April 20, 2021, 04:42:35 PM
 #36

The drop was below 10% which can't be considered as a crash nor as a sign of bear market is entering. This is just normal and the reason why the hell is happening is due to out of miners which ut the bitcoin network under more pressure and the number of unconfirmed transactions also reaching 200K by any time.
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April 20, 2021, 04:43:07 PM
 #37

just relax dont be a panic, maybe some of these weeks bitcoin experienced a fairly significant decline but this is quite normal there is no need to panic until you sell all your assets.
precisely things like this we should take advantage of to increase our assets because for bitcoin itself just wait for the time to be able to rise again

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April 20, 2021, 10:45:20 PM
 #38

It is most likely one of the circulating negative posts that have been mentioned on the past threads I have got in and it seems that there are really people spreading this news to shaken the thoughts of the newbies to sell at the early stage and make them into panic of the simple price dump happening with Bitcoin. Such dump is already normal and nothing to be afraid of for we have been already used to something like that over and over again. But it is still your choice to sell what ever you feel that the news is coming right after. It is your own Bitcoin and you are free to do what ever you like.

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April 21, 2021, 12:30:57 PM
 #39

Currently the value of bitcoin is going down again we should not  lose hope because it will go up again. It happened before, we should tried to be patient for us to gain more profit and dont sell all. For me, I do believe of what bitcoin can do for us. And who knows because of bitcoin, our life will change for the better.
Apparently the bitcoin price was continue goes down but in my own opinion I didn't expected bitcoin price to goes lower than $45k or much worst history repeat itself wayback 2017. The cryptocurrency market have gone so far than it was wayback that year so it was impossible to be like that way. And I do believe also that it should be the turning point to sell bitcoin, maybe if required it could be an option

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April 21, 2021, 12:51:48 PM
 #40

There is nothing new with this kind of post created by a beginner, by a simple crash for only a few moments they will just call it a bear season, we already have seen a fall for the price of the bitcoin when it reaches $60k down to $57k last few days but rose up again, so we cannot still say that this time is the bear season because the price changes time by time. We should not conclude by just seeing a bit of movement for the bitcoin, don't panic, if ever the bitcoin would crash for a moment, for sure it won't last for too long, it can still recover, do not just sell your bitcoin, still keep on hodling.

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