flyer88
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June 10, 2021, 11:13:47 AM |
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
Agreed.. However, lately Alt coin has become independent, when the price of bitcoin correction they partly do not follow the correction,, I hope so.. The price of Alt coin hopefully doesn't see the bitcoin barometer, which if the price goes down the alt coin will fall sharply... very annoying like that.
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famososMuertos
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June 10, 2021, 12:29:09 PM |
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With that reference, always all Alts are born and with that relation until his death ... as a projects, I think they should appreciate it.
Who is selling? It is the supply and the demand, both are needed is pure economy, it works with any type of asset or thing that has value.
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bryant.coleman
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June 13, 2021, 01:21:43 PM |
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Everyone who panics is selling.
Every day we get to see people selling from time to time so why ask who is selling at this point? because everyone who panics is selling and there's no need to be curious about it.
If alts won't be tied with bitcoin, then most of the alts will be left behind if they won't be attached to bitcoin anymore.
You need to plan everything right from the beginning. A lot of people are forced to sell, when they need cash to cover their expenses such as rent, utility bills or even medical expenses. This situation has occurred to me as well. Back in 2014-15 I was without a full time job, and had to sell some of my coins to survive. And unfortunately for me, BTC exchange rates were at rock bottom during that time. I sold my coins for $200-250, and two years later the the exchange rate had gone up to $20,000. I could have sold some of my other assets, but back then BTC was like 80% of my portfolio, so selling the coins looked like the most logical thing to do.
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Smitty Werben Man Jensen
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COMBONetwork
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June 13, 2021, 02:00:38 PM |
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
no need to ask about who is selling!, of course those who sell Bitcoin in large quantities are whales, and whales are the cause of the Bitcoin dump, followed by traders all over the world because many people followed it in panic selling, it's a pity, but this is the truth.
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DarkDays
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June 13, 2021, 02:46:08 PM |
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Everyone who panics is selling.
I think it is fair to say that the big investors (who initiated the dump) have long taken their profits, and only now buying in at bargain prices. The rest is up to the individual with a few hundreds or so worth of investing now thinking it is time to sell because they can't stand any more loss. It is these guys who panic sell, playing in the hands of the manipulators.
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enhu
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June 13, 2021, 03:09:20 PM |
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Everyone who panics is selling.
I think it is fair to say that the big investors (who initiated the dump) have long taken their profits, and only now buying in at bargain prices. The rest is up to the individual with a few hundreds or so worth of investing now thinking it is time to sell because they can't stand any more loss. It is these guys who panic sell, playing in the hands of the manipulators. They are actually saying that this is an accumulation period now. The market isn't dipping below $30k because the institutions are maintaining the price at this high but not also low so that only the rich are able to buy. Those who expect the price to still go down I guess are chasing still waiting for another dip so they could get in. Their USDT could still be in limbo.
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Zilon
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June 13, 2021, 03:10:37 PM |
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I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
This would take years of consistent research and development. I took look out for this date where altcoin will be total autonomous without any linkage to Bitcoin so we can attest to how well it would do over a period of time.
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Kez1817
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June 13, 2021, 03:58:48 PM |
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Who is selling? First those with weak hands and always panic when the market suddenly dump. Second are those who already gained profit and want to cash out their money and convert it into fiat money. Everyone are selling but depends on the situation and reasons why the sell. Supply and demands always present in the market, if there will be no seller definitely there's no buyer.
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carlisle1
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June 13, 2021, 05:04:11 PM |
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Who is selling? First those with weak hands and always panic when the market suddenly dump. Second are those who already gained profit and want to cash out their money and convert it into fiat money. Everyone are selling but depends on the situation and reasons why the sell. Supply and demands always present in the market, if there will be no seller definitely there's no buyer.
Oh better not to forget those big fat whales who loves shaking the market, they are the one who have influenced the most. But yes, I agree with your statement, depends from how you see the situation and according to your needs. Keep in mind that this market will always have this kind of rotations. Selling pressures and being ride by people who understand the market and have seen golden opportunities to position their investment.
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jostorres
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June 13, 2021, 07:21:58 PM |
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
It's a mixture of multiple types of traders actually. There are mainly three kinds of traders selling right now. 1- Those who invested during the start of the bull run and are now taking profits, basically the whales. They always do this, buy at cheap and later sell them to again buy at cheap once the market falls hard. 2- Traders who are new and are afraid of the market movement and panic sell. I cannot blame them but I don't think anyone who is too afraid of market movements should ever trade in the BTC or any crypto market. 3- Daytraders, those who want to play with minimum movement of the market and want to sell/buy continuously to gain small profits.
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RealMalatesta
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June 13, 2021, 07:22:27 PM |
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Who is selling? First those with weak hands and always panic when the market suddenly dump. Second are those who already gained profit and want to cash out their money and convert it into fiat money. Everyone are selling but depends on the situation and reasons why the sell. Supply and demands always present in the market, if there will be no seller definitely there's no buyer.
It's beyond supply and demand right now. There is no reason why suddenly the demand was half of the supply (considering BTC dropped by almost 50%) while a few months back the demand was 5x of the supply (considering we lifted from 10k to 50k and more) I believe that after the shitty tweet from Elon Musk that Tesla no longer accepts bitcoins, most of the large scale investors lost their faith because we as a community hold small amounts but those like Michael Saylor and others have invested humongous amounts and they have to be mindful of the market news and Elon is a massive source they must rely on. Once big investors start selling, there is a certain domino effect and everyone starts selling and the market keeps on dumping.
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Yatsan
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June 14, 2021, 03:43:14 PM |
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It is a normal initiative of an individual who certainly still do not fully understand crypto to have a soft hand that let them sell their cryptocurrency coins that easily because they were afraid to experience loss due to declination of the value of the crypto they were currently holding. We cannot say they are totally noobs maybe the right term is inexperienced because they were just new in the industry. That is just normal for them since they still do not certainly know how working in this industry goes on. But if they will just keep their focus into learning and acquiring knowledge and only investing and trading into decent and worthy crypto, for sure they will get along not to sell easily once they saw declination.
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Tessnik
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June 14, 2021, 07:59:56 PM |
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I guess every bitcoin trader sells and because we all are involved in the bitcoin's market as long as one transacts in using bitcoin you are selling.
I don’t hope for selling to end; we have to adapt to the way and get used to the system.
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topbitcoin
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June 14, 2021, 08:16:17 PM |
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
It could be anyone right. About altcoins not tied to price of bitcoin i think it is impossible except it is stable coins. Because price of altcoins which is will be end in USD (fiat) will depends on bitcoin first, it caused by there are more pair of altcoin to BTC.
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CryptopreneurBrainboss
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June 14, 2021, 08:17:05 PM |
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In my opinion, the people who dumped bitcoins are those who are not determined. They are always sincere and fearful, afraid that they will suffer losses. Without a firm belief in Bitcoin, it is easy to follow the trend.
No, not all surfer losses, that they didn't partake in the future gains bitcoin produces doesn't mean they surfer losses. Every investors should have a strategy, some strategy could have involved them securing profit now and unfortunately the market is in a bearish trend. Actually you can never know as some who dump now might likely buyback if the market dumps further. Some are only securing their profits in anticipation of re-entering the market incase of further market correction as I have earlier highlighted.
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dimonstration
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June 14, 2021, 08:49:21 PM |
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With that reference, always all Alts are born and with that relation until his death ... as a projects, I think they should appreciate it.
Who is selling? It is the supply and the demand, both are needed is pure economy, it works with any type of asset or thing that has value.
Even the market is at bearish season some point and another there will be traders who will sell, maybe in need of money or still in profit . We don’t know unless they will say their reason. I only sell when I’m in profit or just want to stop some losses. It will all depend on our determination on how long where able to analyze and keep our investment.
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TheGreatPython
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June 15, 2021, 09:29:38 AM |
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
Well it's no longer a dream because there are already lots of cryptocurrencies that doesn't correlate with bitcoin, although most of the coins we have today in the cryptocurrency market correlates with bitcoin. So, if you're looking for coins that doesn't correlate with bitcoin, then you should know by now that there are coins that doesn't correlate with bitcoin. If you're making use of coinbase wallet you are able to see this as the app shows you which coins correlates with bitcoin and which ones doesn't correlate and it also shows you the level of correlation.
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GelatikKembar
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June 15, 2021, 12:10:42 PM |
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With that reference, always all Alts are born and with that relation until his death ... as a projects, I think they should appreciate it.
Who is selling? It is the supply and the demand, both are needed is pure economy, it works with any type of asset or thing that has value.
Even the market is at bearish season some point and another there will be traders who will sell, maybe in need of money or still in profit . We don’t know unless they will say their reason. I only sell when I’m in profit or just want to stop some losses. It will all depend on our determination on how long where able to analyze and keep our investment. Yes, I think a lot of traders sell to make a profit, even so it is not easy to do because of the fact that many traders are also experiencing losses, What is clear is that trading requires a strategy and analysis because both are very important
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Sled
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June 15, 2021, 12:56:52 PM |
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Yes, I think a lot of traders sell to make a profit, even so it is not easy to do because of the fact that many traders are also experiencing losses, What is clear is that trading requires a strategy and analysis because both are very important
Nobody wants to miss the pump, it was the best choice to sell our shitcoins and keep those reliable. Such an opportunity won't last long and I think everybody is enjoying the bullish season. Some say they just hold until now, well, it finds ridiculous for me, I don't know what he is thinking or they just want to pretend. EVERYONE is selling, that is the reality.
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carlisle1
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June 15, 2021, 02:13:11 PM |
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
Well it's no longer a dream because there are already lots of cryptocurrencies that doesn't correlate with bitcoin, although most of the coins we have today in the cryptocurrency market correlates with bitcoin. So, if you're looking for coins that doesn't correlate with bitcoin, then you should know by now that there are coins that doesn't correlate with bitcoin. If you're making use of coinbase wallet you are able to see this as the app shows you which coins correlates with bitcoin and which ones doesn't correlate and it also shows you the level of correlation. Good enough to assess and start sorting which coin to invest your money, there are many coins / projects that exist who are moving or who can stand alone, not minding what are happening behind Bitcoin, you need to sort it and not to blindly invest in any project/assets that you will place your money. Very important to have a better outlook and not just to rely everything with Bitcoin.
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