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Author Topic: Do Not Sell! Don't Let The Whales Get Your Precious BTC!  (Read 1074 times)
virtualdn
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June 22, 2021, 01:35:52 PM
Last edit: June 22, 2021, 02:02:29 PM by virtualdn
 #1

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Cheesy Remember, 1 BTC is still 1 BTC!

1 BTC = 1 BTC
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June 22, 2021, 02:00:33 PM
 #2

Agree. All the news spreading the FUD and telling how everyone is selling and how China bans crypto. It's not the first crush and we'll survive it as we always did.
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June 22, 2021, 02:17:46 PM
 #3

Classic  Cheesy Cheesy Hope is the last thing to disappear...


Follow that dream. LOL!!

lmao

 Grin Wink Grin Grin
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June 22, 2021, 02:18:36 PM
 #4

I really agree with your opinion, because I am very sure because after the rain a rainbow will come out, because no matter how strong the storm will pass, we must be ready to face any obstacles, because when bitcoin is falling there must be a lot of whales who want to take the opportunity, they do everything they can to scare the weak hands, even them they post negative things about bitcoin, to scare us, and sell to greedy whales..
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June 22, 2021, 02:21:37 PM
 #5

Its not an opinion. He is basically begging you not to sell. In other words he would like you to lose even more money. When you have friends like that, who needs enemies.
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June 22, 2021, 02:27:21 PM
 #6

If you're still in profit, selling now would be the best option as it is projected to get even lower than we we're at right now. You can place the funds somewhere else to let it accumulate some more before going back to bitcoin, and in that way you'll be prepping yourself up for more gains since you have more funds to work with. I would not hold it against another person if they would want to sell, as I do not know the circumstances that force them to come up with that decision in the first place.

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June 22, 2021, 02:32:38 PM
 #7

...Remember, 1 BTC is still 1 BTC!

But isn't the same 1 BTC at $29k than 1BTC at $60k.

The problem here is the coin can keep crashing, and that will represent a bigger loss, we must be wise and pay it with the brain and not with the feelings. If we know it will go don, then sell to buy later is the best move. But in cryptos we can't predict the future, so, grab some popcorns and enjoy the drama.

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June 22, 2021, 02:37:47 PM
 #8

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Cheesy Remember, 1 BTC is still 1 BTC!
We got now the meme about holding and that's the diamond hands. I've seen it somewhere in other crypto pages too but I don't know where it started. But anyway, this is another cycle of the correction and there's an end for it. Do not let the whales take your cheap bitcoins.
If you even planned to sell your bitcoin, don't sell it yet at discounted prices. You have better sold it before rather than panicking at this rate.

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June 22, 2021, 02:43:41 PM
 #9

I somehow agree but there is something I don't agree with. 1 BTC is still 1 BTC but the continuously swinging purchasing power speaks harsh words.

At the end of the day though, all those swings basically throw many of the weak hands away from the market so yeah, HODLers and diamond hands have the highest chance of passing through deep dips.
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June 22, 2021, 02:43:48 PM
 #10

What do you mean discounted prices??

Bitcoin $3000 was a discounted price. 30K is WAY overvalued.
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June 22, 2021, 02:43:55 PM
 #11

I think that was a good suggestion Mate, but the question is how long people can hold if they will not possess the so-called diamond hands? sarcasm, Anyway I believe that only noobs will think to unload their holdings because of the recent FUD's. But because we cannot control their mind/decision so let it happen anyway whales are waiting too. I strongly believe that in the recent Bitcoin price spike many noobs are entering into the market and because of the FUD that currently happening this people are also feeling nervous now.  

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June 22, 2021, 03:10:58 PM
 #12

If you're still in profit, selling now would be the best option as it is projected to get even lower than we we're at right now.
Although in the long term bitcoin will be very profitable, but I agree with your opinion even though we've been through a period of higher price. I think selling it now is not the worst option if we still benefit by buying it lower than now. I hesitate to say bitcoin will hit $100k this year as I see strong swing almost every week period. But one thing for sure is bitcoin has the potential to hit $100k in the future and it's only a matter of time.

At the end of the day though, all those swings basically throw many of the weak hands away from the market so yeah, HODLers and diamond hands have the highest chance of passing through deep dips.
Meanwhile, diamond hands didn't just stand still without buying more bitcoin at the time of the correction. This will give them a greater chance of recovering post-correction losses as the market recovers. I believe the percentage of such holders is much lower compared to others.

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June 22, 2021, 03:14:43 PM
 #13

No need to tell me that because that's exactly what I am doing now, I don't have a lot of bitcoin in my wallet though so it's pretty good that I will be able to save it up no matter what the things that I want to spend it on is pretty expensive.
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June 22, 2021, 03:18:28 PM
 #14

What do you mean discounted prices??

Bitcoin $3000 was a discounted price. 30K is WAY overvalued.
How did you end up with these numbers? Pulled them out of your ass?

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June 22, 2021, 03:39:20 PM
 #15

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Cheesy Remember, 1 BTC is still 1 BTC!

Yes I agree with you. Now that market is keep on decreasing, don't sell at lose instead hold tightly because market will not remain at the bottom. And 1BTC will be still 1 BTC of course, but it has different value base on what price you bought your 1BTC. If you just buy now at $30k and hold until it reach $70k has a huge value rather than you bought your 1BTC at $45k the sell at $70k, it has huge different. So, buy now as long as you have capital and just hold until market will climb back again.

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June 22, 2021, 03:44:07 PM
 #16

the weak hands who are easily manipulated into selling their coins cheaper than their real value will never listed to you. they always panic sell then they start crying about it after some time. we are already $4000 above the bottom the manipulators took the price which is no joke. all those who sold in a panic are now panicking again but it takes them longer to FOMO buy.

it is sometimes so fun to watch the market and these manipulations LIVE.

There is a FOMO brewing...
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June 22, 2021, 03:55:37 PM
Last edit: June 22, 2021, 04:31:39 PM by TangentC
 #17

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Cheesy Remember, 1 BTC is still 1 BTC!

IMO
  Smiley
Hodling right now is stupid, when the thing you are hodling is falling off a cliff.

Smarter move, cash out , wait for a sizable drop and buy back in later, and then hodl.
It is what everyone with a brain is doing, while morons hodl during a price crash.

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June 22, 2021, 04:16:11 PM
 #18

Weak hands will lose their money and strong hands will prevail.
In the end though, the ones who will win are the market manipulators at least as of this moment since they can manipulate the market. Whales can manipulate the market.

If you cashed out earlier than today then congrats to you since you can re-enter again if you want to but now the market is kinda bad as of this moment (although it seems like Bitcoin jumped to above $30,000 as of this moment).

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mk4
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June 22, 2021, 04:16:48 PM
 #19

Smarter move, cash out , wait for a sizable drop and buy back in later, and then hodl.
It is what everyone with a brain is doing, while morons hodl.

I can't even name a worse investing strategy than this. There's a reason why timing tops and bottoms of markets are heavily frowned upon with investing in general, because a lot of people end up in worse situations when trying to time the markets. And yea, the HODL strategy sure is a bad strategy. Didn't handsomely pay off for the long term holders at all!


nhaila
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June 22, 2021, 04:30:13 PM
 #20

Agree. All the news spreading the FUD and telling how everyone is selling and how China bans crypto. It's not the first crush and we'll survive it as we always did.
Recently most important thing that china bitcoin fud not it use rules and regulations crashed cryptocurrencies market more. But I think china would again permit Bitcoin as their all activities. So don't sell your bitcoin and others cryptocurrencies in panic market.

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