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Author Topic: Do Not Sell! Don't Let The Whales Get Your Precious BTC!  (Read 1187 times)
Turbolinea
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September 05, 2021, 06:10:55 PM
 #121

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!

I have the same idea with you. I think that this is not the right time to even think about selling our coins if we invested into Bitcoin especially not much time ago. We should be patient considering the long term also. Maybe even in less than one year, we will see Bitcoin price going over $100k level. It is expected at the end of the year in the worst case actually but we will see. If we don't see an early bull run, it can be impossible.
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September 05, 2021, 07:13:57 PM
 #122

I read on Twitter yesterday that the last Bitcoin will take the entire planet 40 years to mine. One would be wise to keep that in mind when spending theirs. For some reason that really made me think. I’m not sure if Bitcoin will survive that long, and have my doubts if it’ll make it through the next halving cycle, but if so the price increase from here could still be shocking.

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September 05, 2021, 11:01:46 PM
 #123

Well noted sir , $30k to $60k seems takes only 3 months!

I read on Twitter yesterday that the last Bitcoin will take the entire planet 40 years to mine. One would be wise to keep that in mind when spending theirs. For some reason that really made me think. I’m not sure if Bitcoin will survive that long, and have my doubts if it’ll make it through the next halving cycle, but if so the price increase from here could still be shocking.
Is that even accountable or just exaggerrated?

that's for sure got me thinking to hodl so do with everyone else , tge question is ... will you remain loyal when you bought 100btc at the current price and suddenly for some reasons a couple month later the matket falling to its lowest value like -98% or so.
that is always tough especially for the newcomers..

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September 06, 2021, 05:50:36 AM
 #124

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!
I admired your dedication but if i did followed you , Sure that i will never make my funds almost double just like now.

i have sold my coins at 53,000 level in which i almost regretted because the price went up to 64k , but i managed to keep it waiting until the dumping ends at 28,000 in which i bought at 30k .
so now that Bitcoin back at 50k more so i am more than 70% gain and still climbing .

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September 06, 2021, 05:54:08 AM
 #125

I am agree with what OP's opinion, as per today Bitcoin has reached $51k wich is good sign to continue bullrun, the main target $100k is more closer now with good  news along with it.
I still think positively about the target, china and america fud is no longer have bad affect since they are too often lying about that. People now smarter than before, and the whales couldnt do that trick anymore to buy the dip, cheers for our courage!
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September 06, 2021, 04:56:43 PM
 #126

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!
very true now continue to be patient do not be tempted by the current price or profit because one day the price will be even higher. to control emotions that want to get as much profit and as quickly as possible is very difficult but at that time it must be done for the sake of much greater profits in the future.

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September 06, 2021, 05:37:28 PM
 #127

i have sold my coins at 53,000 level in which i almost regretted because the price went up to 64k , but i managed to keep it waiting until the dumping ends at 28,000 in which i bought at 30k .
so now that Bitcoin back at 50k more so i am more than 70% gain and still climbing .
Trading is not a bad thing and nobody says you should not do it. However the difference is that price could have been 70k instead of just 64k, it could have been 100k, it could have never crash below 53k and you would be in a big loss right now. You were a good trader and got lucky a bit as well and thanks to that you have made a great profit, but not all of us can make the same thing. You have to realize that there are many people who do not know when to buy and when to sell, it is just how we are and we can't make that kind of money like you can.

It means that there is only one option left for us, we could just simply buy and hold and eventually we will make a profit, just because it was recent doesn't mean that 64k or so is not the only point people bought, I have bought a lot more and I made nearly 9x profit since I bought so it is really not a bad return neither.
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September 07, 2021, 06:30:02 AM
 #128

Although the price of Bitcoin has managed to rise to the price of $50k and there is a possibility that the price of Bitcoin will rise even higher.
Still, there are people who sell their Bitcoins to take profit, but the number of people who sell Bitcoins is really decreasing right now. Many people nowadays choose holding, because they know Bitcoin will go very high at the end of this year, the $100k target is likely to be reached by the end of this year. What makes me optimistic about the future of Bitcoin is that the popularity of Bitcoin continues to increase and more new investors are joining.
This is what could push the Bitcoin price up and make the $100k target a reality.
Considering how we went from 10k to 64k just a year ago to last April/May, that means we could always go higher and higher, that was a huge increase and x6 increase as well. The bottom this year was 30k and the x6 higher of it is 180k. I am not saying we will reach that price, but 100k is the magical number that everyone is waiting for, when it reaches there I am 90% sure that the price will crash as well because people are waiting for that and want to sell at that price, not everyone but certainly more people want to than any other price.

We are certainly at grabbing reach for it, just another 2x and we will be there, considering we did x6 in a similar time period, then I am sure we could do that as well. It is definitely something we can achieve only if there is a bull run, the reach is there, we just need to believe in ourselves to do that.

You explained very well, I became more optimistic about the future of Bitcoin, hopefully your calculations that say Bitcoin will possibly rise to
the price of $180k come true. If that happens there will be a very deep dump afterwards, because people will sell a lot of Bitcoins that they HODL.
Therefore, if the Bitcoin price has reached the target we want, immediately take profit before it is too late. Don't be too greedy by delaying selling
the Bitcoins we have, in order to generate bigger profits, it will only miss our chance to make a profit.

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September 07, 2021, 08:33:39 PM
 #129

I became more optimistic about the future of Bitcoin, hopefully your calculations that say Bitcoin will possibly rise to the price of $180k come true. If that happens there will be a very deep dump afterwards, because people will sell a lot of Bitcoins that they HODL.
Therefore, if the Bitcoin price has reached the target we want, immediately take profit before it is too late. Don't be too greedy by delaying selling the Bitcoins we have, in order to generate bigger profits, it will only miss our chance to make a profit.
I would not say 180k, I said "even 180k is possible but 100k is more probable" basically. We had a 3x from September of last year to January of this year, meaning by the time we reach to January of 2022 then we could probably reach to 100k as well, would be a lot simpler.

Bull runs in crypto is something marvelous, it is something that people are shocked each time it happens, we can't really just let it be because it will definitely be difficult to just watch it, so everyone gets in as well. At the end of the day, bitcoin is doing fine, even if not at 180k, we could be doing fine and that is the important part, as long as we are going up I do not care where we are going up, it could be a very small and slow increase over time and I would still be very happy about it.

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September 08, 2021, 08:50:12 AM
 #130

I totally agree with what you said, HOLD is the best decision to get the perfect profit. So many people make the wrong decision because they panic sell when the bitcoin price drop. When it comes to the crypto market, we are faced with two choices, profit or loss. These two element cannot be separated, but we also need strategy and courage to make a profit. Why do reliable investor always get big profit when investing in cryptocurrency? The answer is they dare to take risks and fight fear to get multiple profit.

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September 08, 2021, 10:10:48 AM
 #131

I totally agree with what you said, HOLD is the best decision to get the perfect profit. So many people make the wrong decision because they panic sell when the bitcoin price drop. When it comes to the crypto market, we are faced with two choices, profit or loss. These two element cannot be separated, but we also need strategy and courage to make a profit. Why do reliable investor always get big profit when investing in cryptocurrency? The answer is they dare to take risks and fight fear to get multiple profit.
If you look at the bitcoin price that is blushing today, holding is the right attitude for us to do, but not all traders dare to take that risk, but for sure we all have our own management in controlling our asset portfolio in the market, but for those of us who believe that if Bitcoin is strong fundamental, then choosing to hold could be the best way and this attitude is based on the volatile nature of Bitcoin and often experiences price fluctuations.

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September 09, 2021, 11:02:22 AM
 #132

I totally agree with what you said, HOLD is the best decision to get the perfect profit. So many people make the wrong decision because they panic sell when the bitcoin price drop. When it comes to the crypto market, we are faced with two choices, profit or loss. These two element cannot be separated, but we also need strategy and courage to make a profit. Why do reliable investor always get big profit when investing in cryptocurrency? The answer is they dare to take risks and fight fear to get multiple profit.
I believe that people who do not hold and end up selling during this period will be losers and will be crying when they see bitcoin at 50k+ again in a week or at most two weeks. We had these type of drops twice already and this is the third time, which is why I do not believe that it is something extraordinary that we didn't see coming. I could see these drops coming from a mile away, do not know the timing of it because if I did then I would be rich, but I knew that it would happen.

The only reason to sell would be to sell before the drop, since the drop already happened then there is no point in selling right now. I personally believe that we should totally keep this going as long as possible without selling. Let others sell and you will be doing better. I personally feel fine right now, this drop is definitely not close to being big enough to make me sell.
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September 09, 2021, 11:08:31 AM
 #133

today bitcoin managed to break the resistance line that is $50k. i hope the price will continue to increase and break the ATH which is $64k. if bitcoin is able to cross that line I'm pretty sure $100k is very easy to achieve. but I'm still quite worried about the current price because a few times bitcoin was able to break $50k and it didn't last long.

Btc has being volatile and 50k is the resistance which it keeps breaking it. But every fall is an opportunity to keep buying it and make some profits in short term and speculators. May be some time before it takes a big leap and rebounces back to 60k range.

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September 09, 2021, 11:15:46 AM
 #134

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.
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September 09, 2021, 09:43:02 PM
 #135

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.
For a long term investment, i advice you to buy at this price or even if it gets higher because bitcoin will rise more sooner or later. And this is why the bear market is the opportunity for whales to own more and more bitcoins.
From another side, i think the dump is about to continue and may resist above 30,000$ for a long period (maybe won't rise until the end of the year) so for short term investments, i think it's so risky to get benefits in a short period. Even if the dump period might continue to unknown limits, i still advice holders not to sell because they will surely regret it like it happened several times [See the two ATH from 2013 and 2017 and check the charts to conclude how much people lost when sell it at the ATH prices leading just by fear that it will decrease] .
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September 09, 2021, 11:29:56 PM
 #136

Thing I would draw from most whales or large buyers is they are likely leveraged and sellers during pullbacks, if you allow them to buy back the BTC cheap they will benefit from every down trend.   Gradually a leveraged buyer with infinite fiat currency via central banking will take over every industry for sale because money is so cheap & unfairly distributed to the largest dealers of debt it allows them to buy everything else more cheaply then it appears.
  Its part of what keeps the working man with skills and hard work a poor person and the richest paying the least tax because they are closest to the printing presses.  It does seem best to always stay net long; be careful with trading and selling out during what is a bullish period over years.

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September 09, 2021, 11:41:02 PM
 #137

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.
That is actually your choice as that is your money. Just like if you buy this Bitcoin at $30k and seeing its price at $42k, it wasn't a thing to worried about but mostly likey we are still strong to keep it for a while. But if you had bought it at $40k, that might be started to get crazy thinking if I sell this or not.

Whether you agree on this or not but sometimes we put ourselves in a trap, sometimes we think this gonna be the right decision but later on, we'd realize that was wrong. Missing some opportunities because of our trust and confidence.
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September 11, 2021, 12:37:32 PM
 #138

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.
That is actually your choice as that is your money. Just like if you buy this Bitcoin at $30k and seeing its price at $42k, it wasn't a thing to worried about but mostly likey we are still strong to keep it for a while. But if you had bought it at $40k, that might be started to get crazy thinking if I sell this or not.

Whether you agree on this or not but sometimes we put ourselves in a trap, sometimes we think this gonna be the right decision but later on, we'd realize that was wrong. Missing some opportunities because of our trust and confidence.
I agree, I see that blaming our self is non sense, the market is unpredictable and no one knows what will be the next to happen, speaking of the price it is already been said repeatedly that crypto is always high on volatility and price is always moving up and down, so if we loss then be it, there is always a way to stand and earn all we need to is to continue and be prudent enough to hold strong for good.

Big whales always waiting for the sellers that cannot hold strong, they always earn from our weakness, so we need to always remember that if we can hold strong we cannot loss in crypto holders always win.

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September 11, 2021, 02:27:38 PM
Merited by vapourminer (2)
 #139

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.
That is actually your choice as that is your money. Just like if you buy this Bitcoin at $30k and seeing its price at $42k, it wasn't a thing to worried about but mostly likey we are still strong to keep it for a while. But if you had bought it at $40k, that might be started to get crazy thinking if I sell this or not.

Whether you agree on this or not but sometimes we put ourselves in a trap, sometimes we think this gonna be the right decision but later on, we'd realize that was wrong. Missing some opportunities because of our trust and confidence.
I agree, I see that blaming our self is non sense, the market is unpredictable and no one knows what will be the next to happen, speaking of the price it is already been said repeatedly that crypto is always high on volatility and price is always moving up and down, so if we loss then be it, there is always a way to stand and earn all we need to is to continue and be prudent enough to hold strong for good.

Big whales always waiting for the sellers that cannot hold strong, they always earn from our weakness, so we need to always remember that if we can hold strong we cannot loss in crypto holders always win.

In the short time I have been here, I have learned one thing: No matter how much you plan and analyze, you will rarely predict the right moment to sell and you will almost never buy at the bottom of a dip. One could say that all the basic macroeconomic and political dynamics that determine the direction of the market are largely out of your control.

If you are a newbie investor, the best thing you can do is to plan as best you can for the next 5-10 years. If you are already in this game, the best you can do is to remain a passionate investor, prepared to take risk, and to believe in the power of compounding.
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September 11, 2021, 03:19:21 PM
 #140

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!
The price of Bitcoin, which had risen to $52K a few days ago, now has to go down and play in the $45K range and of course, with this decline make bitcoin holders who bought at high prices were confused, whether to sell or keep holding and of course that's all depending on the choice of each person, But I personally believe that bitcoin will soon experience a price increase and of course I will prefer to hold it rather than sell it at a low price condition now.

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