Don't sell your precious BTC to the whales!

[DanWalker]

I will sell my btc to people who want to buy at a high price if the whale dares to offer my btc at a high price then i will release my btc, i think the whales who play in their market can make the bitcoin price fall for example they release all their bitcoins of course bitcoin will be cheap, so my question is if not the whales then who else would you sell bitcoins to?

When you sell, there will definitely be buyers, this is the action between supply and demand in the market. In the market there are many different whales, they are not one person, or a group, but the market has thousands of different large and small whales and do not work together. Whales here refer to people who have a lot of money and have the ability to manipulate the price for a period of time and are willing to buy your bitcoins as long as the price will turn them profitable.

[1715057600]

1715057600

[1715057600]

1715057600

[1715057600]

1715057600

[Abiky]

If you're in crypto space for quite a long time, you'd never going to worry if Btc crashes. We knew how Bitcoin works, we have an idea in what range Bitcoin would reach during bearish season, and we know how capable Bitcoin is for an unprecedented pump. Just remember, we did not expect Bitcoin to reach almost $20k in 2017 and we did not expect Btc to hit almost $70k in 2021. We did not expect for Bitcoin to fall $3k in 2018 either, and we should expect the worse range Bitcoin could reach in this current bearish run. Good thing is, recovery is guaranteed. It only matters of when.

The only ones worrying about Bitcoin's downfall in price are noobs who don't understand what crypto/Blockchain tech is all about. The rest are simply buying and "hodling" coins no matter what. Veteran crypto users like me know this is only temporary. Bitcoin always rebounds in price after a prolonged bear market. If you're patient enough, you'll be able to obtain huge profits once Bitcoin reaches a new All-time-high in price. Selling your coins now will make the rich (whales) even richer in the long run. It shouldn't be long enough before Bitcoin emerges victorious while Fiat dies because of hyperinflation. Who knows if "hyperbitcoinization" becomes a reality soon? Just my opinion

[dataispower]

If you're in crypto space for quite a long time, you'd never going to worry if Btc crashes. We knew how Bitcoin works, we have an idea in what range Bitcoin would reach during bearish season, and we know how capable Bitcoin is for an unprecedented pump. Just remember, we did not expect Bitcoin to reach almost $20k in 2017 and we did not expect Btc to hit almost $70k in 2021. We did not expect for Bitcoin to fall $3k in 2018 either, and we should expect the worse range Bitcoin could reach in this current bearish run. Good thing is, recovery is guaranteed. It only matters of when.

The only ones worrying about Bitcoin's downfall in price are noobs who don't understand what crypto/Blockchain tech is all about. The rest are simply buying and "hodling" coins no matter what. Veteran crypto users like me know this is only temporary. Bitcoin always rebounds in price after a prolonged bear market. If you're patient enough, you'll be able to obtain huge profits once Bitcoin reaches a new All-time-high in price. Selling your coins now will make the rich (whales) even richer in the long run. It shouldn't be long enough before Bitcoin emerges victorious while Fiat dies because of hyperinflation. Who knows if "hyperbitcoinization" becomes a reality soon? Just my opinion

People who don't understand Bitcoin are the one that compare the values of Bitcoin with the values of fiat currency. And they are the same people who panic to bitcoin when they notice that Bitcoin is falling and they will not be any hope of bitcoin rising again. You won't blame any reaction and action they took because they do not understand Bitcoin and value. And the people who is new into cryptocurrency is the one who is notinterested of Bitcoin

[Afterclap]

Panic selling is never a good idea to survive during a crash. But if we do that, we will end up regretting it once the prices go up. Patience is the need of the hour if you are an investor in BTC.

[Michael White]

These whales can affect the price of bitcoin adversely wrt to price volatility especially if the whole transaction is done one go.

[spiker777]

We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

that's the spirit every small bitcoin Hodler should have. but some people are not that strong. they panic very easily. plus they are not financially stable like others. in a time of such inflation and recession. some people are left with no option but to sell their bitcoin holdings to cover their expenses. you know this is not just a crypto bear market. the real life is in financial bear market too. and thats where small investors are loosing the game.
but you are right. if anyone have a source of income and he's not crucial need of money. he should never sell his Bitcoins for cheap. I would never do that.

[boris singer]

These whales can affect the price of bitcoin adversely wrt to price volatility especially if the whole transaction is done one go.

I don't think so, regardless of anything and no matter how strong the whales are, I don't think they can manipulate them here but what they are doing is just waiting and waiting to see the situation and conditions.
As for when they bought a lot, actually this can't be blamed on the Pope because this is the fault of people who panicked so they sold even though they were at a loss.

[danadc]

When we think about money, and we make an investment we keep two things in mind,

1.- wait until you see profits,
2.- If the price drops, don't panic and sell.

people who say that you have to resist, don't worry, it's difficult, because people who have a lot of money know that they are losing a lot, sometimes it's difficult to gather strength to see an investment of a lot of money that goes down every day, but this is I have to see it from a very sensitive point of view, some people sometimes even need the help of psychologists to be able to overcome the wait, sometimes we are not all the same, I only say that the strongest people, those who persevere, are those who achieve their goals.

[Ryan Hardy]

Well, that's right. I mean how many time people wanted to buy Bitcoin when it was at $60K? I think all of them wants to buy then and now are prices are low and they think Bitcoin is going to zero. I think this is best time to buy Bitcoin and hold, because people might don't realize it but Bitcoin is the future.

[amishmanish]

A lot of people are divesting themselves of bitcoin, as they doubt that alternate currencies will rule the crypto space in future, Whales are soaking up their coins. Its hard to say which way will the market will turn in future. but yes. It seems meaningful that we should go with the whales, If they are buying there must be some reason, So don't sell but buy... keep hodling

[Ebede]

Panic selling is never a good idea to survive during a crash. But if we do that, we will end up regretting it once the prices go up. Patience is the need of the hour if you are an investor in BTC.

Selling of Bitcoin when the prices low, is something you have to know that when your coin during time the price of Bitcoin is falling you will lose my investment because bitcoin value does not fall to zero.

[freedomgo]

We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

Whales are also waiting for this big opportunity to come because if they can't make the strong hands fall on their trap, for sure the weak hands will sell their coins to them. Not realizing that bitcoin will always recover and skyrocket again in the future. Yes, we have been in this scenario way back before but only those legends have witnessed it, the reason why newbies fail on their decision making because they always think that bitcoin will eventually fall just like shitcoins.

[Quidat]

We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

Whales are also waiting for this big opportunity to come because if they can't make the strong hands fall on their trap, for sure the weak hands will sell their coins to them. Not realizing that bitcoin will always recover and skyrocket again in the future. Yes, we have been in this scenario way back before but only those legends have witnessed it, the reason why newbies fail on their decision making because they always think that bitcoin will eventually fall just like shitcoins.

Market could only be composed of with those strong and weak hands and to those who had been holding for years or long term but cant really be avoided that with some sentiment in the market
which people could really make out some immediate action basing on what they do see.It is inevitable on some point because people or specially the herd would really be making up the same emotion
ending up on the same action basing on what they are seeing on the community then it is really just a common thing to be seen.
Selling on panic when market is on deep reds but there were people who do just simply sell off when they are tending to take profits.

[Abiky]

A lot of people are divesting themselves of bitcoin, as they doubt that alternate currencies will rule the crypto space in future, Whales are soaking up their coins. Its hard to say which way will the market will turn in future. but yes. It seems meaningful that we should go with the whales, If they are buying there must be some reason, So don't sell but buy... keep hodling

Weak hands will ultimately sell their BTC, giving a huge advantage to the whales. Only "diamond hands" will "HODL" no matter what. Despite the downfall in market prices, Bitcoin is still a better choice than Fiat. You should think about the long-term to see actual returns in your investment. If you do that, you'll notice that Bitcoin works great as a safe haven.

Set yourself forward 10 years from now, and BTC's price would probably be a lot higher than what it is right now. I'd take advantage of the bear market to buy as much discounted Bitcoin as possible. If predictions come true, then it's possible you'll become extremely wealthy in the future with BTC valued at $1m per coin. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts

[buwaytress]

Set yourself forward 10 years from now, and BTC's price would probably be a lot higher than what it is right now. I'd take advantage of the bear market to buy as much discounted Bitcoin as possible. If predictions come true, then it's possible you'll become extremely wealthy in the future with BTC valued at $1m per coin. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts

I'd be willing to bet all my BTC and the shirt off my back that price would be higher than today in 5 years, but that doesn't mean I'd promise anyone that's true. Past performance isn't a guarantee of future performance and all that.

I still think the best advice isn't to buy, but to do what's practical and safe for your surely unique situation.

And if the person's set on buying, the best advice is DCA. No one has the time or skill outside of regular life/work to time bear buys.

[Yaunfitda]

The whales are hunting for our precious Bitcoin and we should not in any way make the mistake to allow them to take it due to the current inflation that is making many investors to sell their holdings including Elon Musk that sold almost two third of his Bitcoin asset.lets try our best to stay off the current in flatiron that had affected many countries and region making the price of goods and food stuffs to increase.

Not just the whales though, but everyone, we see orders ranging from even 0.001 to 10 BTC or higher. So it's a free for all market, although the whales have an advantage since they have a deep pockets and can scoop as many as they want during a huge dump, from those newbies selling at a very low prices or even at a loss. But nobody knows what they doing it, maybe they are afraid that the price will indeed go to 0. But for us, it's all or nothing, looking 5-10 years from now, the price could really be in the 6 digits minimum.

[Lambent]

It’s not easy to keep calm seeing bitcoin go so low. But as it is just the bitcoin winter going on, we better listen to what the financial experts say. Bitcoin is used to go through these cycles and then bounce back like any other asset. So, we better keep calm and keep our bitcoins safe and not let the whales take advantage of this situation.

[swati88chd]

Where to buy BTC? This could be a good place to start: https://coinsprime.net.
I found a few offers from my country and a few options like: cash payment, PayPal, etc.
Check it out.

[NicNacCoin]

We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

Hodling is a thing of patience and understanding. With the current downtrend do you think holders that bought high would be able to withstand the trend. I understand that market isn't favourable and surely price will be up again only those who were patient with the wave would sail merrily. Buy as much as you can now!

Yes it is true that holding is a test of patience. How patient you can be will depend on the holding Those who can't be patient by holding but can't profit from holding coins.The current market is not in the car's favor it is completely unregulated.The market is likely to grow very quickly, those of you who want to invest, invest as soon as possible.Only those who are holding now will rule and see the day.

[Rana590]

We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

Hodling is a thing of patience and understanding. With the current downtrend do you think holders that bought high would be able to withstand the trend. I understand that market isn't favourable and surely price will be up again only those who were patient with the wave would sail merrily. Buy as much as you can now!

Yes it is true that holding is a test of patience. How patient you can be will depend on the holding Those who can't be patient by holding but can't profit from holding coins.The current market is not in the car's favor it is completely unregulated.The market is likely to grow very quickly, those of you who want to invest, invest as soon as possible.Only those who are holding now will rule and see the day.

Holding is a good way to get higher profit but it is not true that we have to hold forever. By market analysis, we have to sell sometimes whatever it is precious or not because market is so volatile. If you are able to sell in right time, you will be able to buy again when price drops. There is no guarantee that price will rise only.