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Author Topic: Who is selling?  (Read 1282 times)
nowlscor18
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June 22, 2021, 01:20:10 PM
 #101

I haven't sold anything yet, I will stick to my plan and I will have to hodl until the end of the year if possible because I have to make sure that I will have to accumulate more bitcoin while the prices are still low. I know that the prices are going to go up really high and I am pretty sure that we will probably see it this year or the next and I don't want to arrive at that point empty handed.
Yes, I agree, I will also wait for the right time to sell. This is not the right to sell since the market price went down. I suggest to hold it first right this time and when you think the price is great already to sell it, then its your decision. People who sells it I guess is a risk taker, even though they know that they might lose something, but still they decided to sell it whether in a low or high price. If I am the one who is ask by someone about this, then I will decide to hold it first until it already fully recovered before I sell it. I will wait for the right time before selling it.

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June 22, 2021, 03:07:21 PM
 #102

Looking at the market fluctuations, it clearly shows that this is panic selling and nothing else. There are too many investors and newbie investors who have bought when the price was high and I don't think they are able to withhold the pressure and selling their holdings wherever possible. We are also seeing that the diamond hands like Michel Saylor, etc are buying this dip heavily, I mean buying 13k Bitcoins is not a small thing.

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conected
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June 22, 2021, 04:25:47 PM
 #103

Majority of retail investors and new comers are selling their coin to cut the loses. They bought the coins as a short term investment purpose but now as the market continues its correction cycle they are panic selling. Crypto investment is suitable only for the strong hearted people.
- This investment channel in the first months of 2021 has worked tirelessly and brought a large number of new investors into the market, but as you say, their targets were canceled in just a few cycles of change and now they are starting to sell everything at any price to keep a little bit of money left that they have invested. They are not knowing that except for them, the whales are also selling, they create pressure from the media and in the market, they are making money on the exchange's leverage and it's foolish to panic if we don't participate in the leverage


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SacriFries11
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June 23, 2021, 01:33:37 PM
 #104

Majority of retail investors and new comers are selling their coin to cut the loses. They bought the coins as a short term investment purpose but now as the market continues its correction cycle they are panic selling. Crypto investment is suitable only for the strong hearted people.
Good point. I'm able to sell most of my tokens before they collapse and now waiting again for the recovery. For a swing trader like me, it's good that I'm able to check and monitor that price action. Fundamental analysis helps a lot and TA is for the support where the right time to sell. The banning of China and the death cross happened to impact the market a lot. I hope this could be the last time that China will make its move this year. They really manipulating the BTC since they have many miners in their country. Selling is the best if you want to get profit and satisfied about it but make sure that you are selling when the price is high not at the bottom.

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June 23, 2021, 05:26:49 PM
 #105

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...
Not only those traders are the ones selling, you need to understand that this market is highly leveraged so when the price goes down a great deal of people not only lose money but they lose everything and they are forced to sell, also it is impossible that altcoins are not going to be tied to the price of bitcoin when they are using its technology and for the most part most exchanges price altcoins on terms of bitcoin and as such you are asking for an impossible thing.
It seems like there are a bunch of weak-hands guys there that doesn't know how to hodl their Bitcoin for a long time. Why such in a hurry when you can earn more if you wait and hodl patiently until the right time to sell. I can't understand these people investing Bitcoin yet leave after they saw the price plummet like it has been 10 years already and most of you all are afraid of losing like hell Bitcoin would dump back to $1 each Bitcoin, I will definitely buy more if Bitcoin drops back to $1.

People are too afraid to risk of holding instead they just dump it straight back to the merchant/exchanges.
I think a great deal of those that we call weak hands are even worst than that, when I think of a weak hand I see a person interested in holding bitcoin for the long term but that are unable to do so, most of those that come to the market do not even have that determination, they just want to buy some bitcoin keep it for a few weeks and then sell earning a fortune in the process, so when this does to happen they are profoundly disappointed and they blame bitcoin for their losses instead of blaming themselves.

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June 23, 2021, 05:27:10 PM
 #106

Looking at the market fluctuations, it clearly shows that this is panic selling and nothing else. There are too many investors and newbie investors who have bought when the price was high and I don't think they are able to withhold the pressure and selling their holdings wherever possible. We are also seeing that the diamond hands like Michel Saylor, etc are buying this dip heavily, I mean buying 13k Bitcoins is not a small thing.

I do not think so though. It clearly showed to me that stop losses were triggered but also then that buyins all took their time today as we saw from 15% market rise in just a few hours.

Panic selling creates domino effect which should have seen Bitcoin drop even further down but it did not happen. Instead optimism and rebound happened.

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June 26, 2021, 01:52:12 AM
 #107

Sometimes we can find anything to say about market dumping because a person sell when market is crashing and going much lower after more selling. A person who purchased at any time why he is selling in crash because of panic. Every share which is crashing createing panic in mind of trader that this share is going to end or loss your money till end.
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June 26, 2021, 04:43:34 AM
 #108

I already sold mine back when the prices were dangling around 50k and 60k so I don't worry about selling because I am accumulating again and I think that there's nothing wrong with that because I know for a fact that I deserve to get some profits out of the bitcoin that I am hodling.

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Kittygalore
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June 26, 2021, 07:50:32 AM
 #109

I already sold mine back when the prices were dangling around 50k and 60k so I don't worry about selling because I am accumulating again and I think that there's nothing wrong with that because I know for a fact that I deserve to get some profits out of the bitcoin that I am hodling.
Good for you to have some profits before the big dump even though I presume you didn't sold at the peak of the market for this year for now. Everyone deserves to get a profit out of their bitcoin because they did have the patience to wait like the saying. I am still hodling unlike you but I am happy because I have more bitcoin to sell when the prices goes back up again.
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June 26, 2021, 08:23:04 AM
 #110

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...



As long as altcoins are paired against BTC then they will always react to bitcoin price movement. At the moment it is more than likely that Chinese miners are selling their bitcoin to fund the great mining exodus. It should be a short lived sell off. I really don't think we are in a bear market here.
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June 26, 2021, 09:34:27 AM
 #111

Heres what I observed, the more bitcoin goes bigger, the scalps gets bigger. It has more fakeouts, and not following TA.

Obviously it's day traders, if newbies or weak hands have sold when the price goes down below $50k, then maybe those who are shorting bitcoin is the culprit here, you can't stop them as this is one way for them to make money out of this bear market.

I doubt that whales are going to sell even if we have seen -50%, they have seen the worst and probably this is just another big test for them, mentally. Probably the question is how retails are going to reach seeing the price going to $32k, will they take this as a opportunity accumulate bitcoin again?

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June 26, 2021, 10:50:48 AM
 #112

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...

The prices have been going lower for a couple of weeks now. In my opinion the big wallets already cashed out. The problem is now that there are no new buyers in the market yet. China keeps making new announcements on banning crypto currencies, which is probably scaring of new investors. Long term the crypto prices should rise again, it just takes a while for the prices to stabilise first. Once we have a small uptick again in the prices, all the investors who recently sold will likely come back again.
every bad news that has happened so far has greatly worsened crypto to continue to move down, especially China in a way that maybe this is the umpteenth time doing this again. where the effect makes all investors can no longer think rationally so that it keeps on dragging on. should reflect on the past investors do not need to panic and can accept the news as usual, but this did not happen.
fortunately there are still many investors who are not bothered by it, and to make crypto not continue to fall, we hope there will be good news to be able to increase crypto again.
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June 26, 2021, 12:09:12 PM
 #113

Sometimes we can find anything to say about market dumping because a person sell when market is crashing and going much lower after more selling. A person who purchased at any time why he is selling in crash because of panic. Every share which is crashing createing panic in mind of trader that this share is going to end or loss your money till end.

In times like this, selling is a bad idea, why would you do that if you are not making a profit? That's so stupid, you sell only because you panic and you have no room for success when you are investing in crypto. The right thing to do now is to be smart, and by being smart that means you accumulate because the market is on sale.

R


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ven7net
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June 26, 2021, 02:32:57 PM
 #114

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...

I also sometimes ask myself this question, who is actively selling cryptocurrency? Studying the crypto market, I realized that miners, holders and bots can sell a lot. As for the latter, it is already a practice when, in order to reduce the price of cryptocurrencies, large players launch trading bots that actively reduce the price of a particular cryptocurrency by selling it to themselves. Surprisingly, I would not have believed this before if I had not seen this process myself. So if you think that miners or holders are selling in case of a strong fall, then you are probably wrong, this is a trading bot that works to lower the price.
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June 26, 2021, 02:44:29 PM
 #115

In times like this, selling is a bad idea, why would you do that if you are not making a profit? That's so stupid, you sell only because you panic and you have no room for success when you are investing in crypto. The right thing to do now is to be smart, and by being smart that means you accumulate because the market is on sale.
Well, it's a matter of perspective, if you are profiting from selling then do it but if not and you believe that the prices are still going to go up really high then you should probably hodl and another case that we forget is probably the people that are on the short-term side of things, they're trying to cut losses so they can get in when it's a bit more lower.
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June 26, 2021, 02:59:23 PM
 #116

In times like this, selling is a bad idea, why would you do that if you are not making a profit? That's so stupid, you sell only because you panic and you have no room for success when you are investing in crypto. The right thing to do now is to be smart, and by being smart that means you accumulate because the market is on sale.
Well, it's a matter of perspective, if you are profiting from selling then do it but if not and you believe that the prices are still going to go up really high then you should probably hodl and another case that we forget is probably the people that are on the short-term side of things, they're trying to cut losses so they can get in when it's a bit more lower.
Yeah, we have a different market preference. People decided to sell either because they are in profit or they are in a panic. They have their own decisions and they are doing this as they think is right. That is why I'd never spend my time asking people why they sell and why they hold because that will be going to happen no matter what will be the situation. Whatever happens to them is that what they wanted and not our obligation to make a decision in their life.

 

R


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June 27, 2021, 12:25:45 AM
 #117

Sometimes we can find anything to say about market dumping because a person sell when market is crashing and going much lower after more selling. A person who purchased at any time why he is selling in crash because of panic. Every share which is crashing createing panic in mind of trader that this share is going to end or loss your money till end.

In times like this, selling is a bad idea, why would you do that if you are not making a profit? That's so stupid, you sell only because you panic and you have no room for success when you are investing in crypto. The right thing to do now is to be smart, and by being smart that means you accumulate because the market is on sale.

Yes, I agree, this time is not the right time for selling but its the right time for buying. Selling is a bad idea. Holding is better right now than selling. Avoid panicking since downfall and increasing the price is always in the process of cryptocurrency. People decided to sell it because they are panic on the downfall of the market prices. All you have to do right now is to be smart, learn to wait and be patience. Try also to research some good coins for you to buy for it can give you great profit for the future.

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June 27, 2021, 04:04:19 AM
 #118

Majority of retail investors and new comers are selling their coin to cut the loses. They bought the coins as a short term investment purpose but now as the market continues its correction cycle they are panic selling. Crypto investment is suitable only for the strong hearted people.
Don't panic if you invest in crypto many traders panic and sell the currency and then have to invest long term and wait patiently for the loss if the price goes up later the long term is more profitable for investing in crypto.
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June 27, 2021, 04:13:05 AM
 #119

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...

Most of the new investors are just probably panicking on what happened to Bitcoin from $60k to $30k quickly those wallets are probably the big investors or probably what you call "Whales" their decisions have a huge impact to the market plus the fear of the new investors and the fuds that was spread throughout the news I'm pretty sure a lot of people would be selling.

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June 27, 2021, 04:30:21 AM
 #120

Yeah, we have a different market preference. People decided to sell either because they are in profit or they are in a panic. They have their own decisions and they are doing this as they think is right. That is why I'd never spend my time asking people why they sell and why they hold because that will be going to happen no matter what will be the situation. Whatever happens to them is that what they wanted and not our obligation to make a decision in their life.


We should care about our own decision and let those other traders to do whatever they've want.

Like what you have said, every traders have their reason why they are selling some might already earned decently and some
might in need for emergency that's why they need to sell their assets.

whatever  it is better not to mind, since we do have our own reasoning why we should sell our investment.

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