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Author Topic: MELTDOWN - if you don't sell now, YOU WILL LOSE MOST OF YOUR FUNDS!!!  (Read 336 times)
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May 24, 2021, 09:20:46 AM
 #21

Good idea Grin

Wait, I will sell my bitcoin and buy back below $10k.

Might as well prepare all your "regret" threads for later then;) Bitcoin may dip below 10k but at this stage I find it highly unlikely and most charts (not that I believe in TA) will also agree here. Up to you of course, but is it really worth letting go of all your BTC when this is most likely the bottom?

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May 24, 2021, 02:29:00 PM
 #22

Here is a hot tip for you - sell now and buy back below $10,000. What do you guys think?

You can thank me later!!

Thank you in advance, but that $10k will surely not come anytime soon.

Bitcoin is now recovering, we are going back $40k soon and the bullish sentiments will be alive.
This is not the first time I saw a very low prediction, but you could be right mate as bitcoin fall below $4k after reaching $20k last 2017, so from $60k to $10k, it should not be impossible.

What can I say if it will happen... I guess I will not panic but will do the same routine, which is to accumulate.

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May 25, 2021, 10:13:15 AM
 #23

I do not understand why would we lose our funds if we do not sell, I mean you will lose money if you sell not when you keep holding it. If you end up selling right now and if you bought at higher levels that means right now when you sell you will lose money right?

However if you can hold and if you can wait, do you really think that in the future there is zero chance it will not go over 64k again? Even if you have to wait 2 or 3 months, there is 100% chance in my mind that one day bitcoin will be 64k+ once again, maybe soon or maybe very late but it will definitely happen. You can make an argument about trading and making quicker bucks instead of waiting but I am not a good trader so I would lose more money that way. This is why not selling is the only way to not make any loss right now for me, waiting is the only way to keep profiting in the future.

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May 25, 2021, 12:42:18 PM
 #24

Here is a hot tip for you - sell now and buy back below $10,000. What do you guys think?
You can thank me later!!
Says a man who woke up from hibernation in January 2021 and immediately claimed that bear market is started Huh
Because, some people only care about crypto going down and do not care when it is going up. I do not know why people are like that, maybe it is a personal thing I am not sure but there are many people like that, they are just very happy whenever bitcoin goes down. Maybe they lost some money here back in the day and they want others to lose as well, maybe they didn't make any profit so they want nobody else to make a profit as well, maybe they were too late and hate people who were early, I really do not know why they hate bitcoin but they do.

The most common one I hear for hating it is "Because you are not creating anything and not helping the world" but the reality is that we have a shit ton of stuff in the world that is not helping or creating neither, I mean we are talking about finance world as a whole and they rarely ever help anyone. So, basically it is just another bear caller who loves to watch people lose money, those are very petty and sad people.
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May 25, 2021, 08:19:08 PM
 #25

Good idea Grin

Wait, I will sell my bitcoin and buy back below $10k.

Might as well prepare all your "regret" threads for later then;) Bitcoin may dip below 10k but at this stage I find it highly unlikely and most charts (not that I believe in TA) will also agree here. Up to you of course, but is it really worth letting go of all your BTC when this is most likely the bottom?
For sure on this current situation where prices are starting to recover, this guy might have already those kind of regrets on making some sell in loss that he had made recently.
Its actually none of our business if someone decided to sell off his coins since its his money after all but its not really that ideal for you to freak out when prices are
crashing down that hard and believing that we would go back in 10k? What if it wont reach out? For sure that sell off of yours will really be just wasted
and you had already sell on loss which would really be leaving you regretting.

R


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May 29, 2021, 03:28:17 PM
 #26

The meltdown is in progress and will endure for as long as people are delusional, and by looking at a lot of the comments here - most of you are clearly delusional.
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May 29, 2021, 08:16:51 PM
 #27

The meltdown is in progress and will endure for as long as people are delusional, and by looking at a lot of the comments here - most of you are clearly delusional.

And I'm sorry to say that a lot of these cult members who believe in Bitcoin and who are promoting it are so far in the dark about the problems of the system and are so far afraid that it will fail, that their only solution is to put their heads in the sand and hope that it will all work out. And this is really sad. I've seen too many such crazy things and I have so many horror stories that I could talk to you for a whole evening about the things that people are doing because they don't understand anything about the core system or the nature of the transactions and the fundamental issues.

The only way to put an end to it is for the rest of us to make sure that they get the truth out. The only way to put an end to their fantasies is to repeatedly warn them and prove to them how delusional they are.
Therefore, I would like to thank you for being an unsung Internet hero. Your contribution is greatly appreciated.

>>[ /sarcasm]

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May 29, 2021, 11:51:00 PM
 #28

Threads like this serve a vital purpose in the wider ecosystem of crypto sentiment.    Be happy about the wild fear flickering in the panicked minds of the crowd, its a indicator of its own and helpful in determining direction and lack of purpose or vice versa to buying when the hype gets too much.  
  Ideally we have a consistent stream of negative threads and then its time to realize this is bullish and selling is apparent and present making buying likely decent value.

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May 29, 2021, 11:57:30 PM
 #29

Threads like this serve a vital purpose in the wider ecosystem of crypto sentiment.    Be happy about the wild fear flickering in the panicked minds of the crowd, its a indicator of its own and helpful in determining direction and lack of purpose or vice versa to buying when the hype gets too much. 
  Ideally we have a consistent stream of negative threads and then its time to realize this is bullish and selling is apparent and present making buying likely decent value.

We will be seeing more of this if btc's price will continuously go down. However, if you are a believer of btc, you will take it on a positive note. Maybe, time to collect more bitcoin while the price is still on this level. The adoption today is very different than in previous years, so the chance of bouncing back is always there. Just a matter of time to see it going up and I guess, those people who are wishing bad for btc will regret that they haven't bought.
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May 30, 2021, 04:04:21 AM
 #30

Seems its 50/50 right now. A month ago 95% of people were ultra bullish and right now there are one hand of people who still think BTC will go to like $100K and the other half think its going somewhere between $8-$20K. Very hard to read the sentiment right now.

I think if we do go to like $20K then its confirmed that $65K was the top. However if we range trade in this area for like a few months and then we finally break $42K then I can see us going to $100K.

If we break $42K sometime this week and then next month we top at like $50K and head back down, then I think eventually $30K will break and we'll start a long bear market where we will reach maybe the 200 WMA which is like $15K right now.

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May 30, 2021, 05:20:30 AM
 #31

you're losing the money only when you sell, even if it go down to $10k which i'm not gonna believe, whats the big deal if it's gonna prepare for another bullrun, many people actually already set their target at around $20K, pretty sure this point is gonna be a really strong resistance
and the next bullrun will start from that price all the way to $100k and that's only the worst case scenario, we can as well hold on to this price around $30K since the resistance is really strong around here, if you keep calling other people delusional maybe you should look at your self, expecting $10K is a lot more delusional.

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