Too many chickens own BTC. Don't be a chicken, HODL! BE A LION.

[TheUltraElite]

It’s okay because not everyone is as confident in their decision making skills as you may be. Everyone has a different goal so we need to respect that. Those who wish to hold, should continue and those who want to sell, should do as they please.

Fact is if the weak hands dont sell, the whales get nothing to buy at a discount, so as long as there are weak hands there will be whales and the speculative market will continue like usual. There is nothing about being a chicken as long as you are making a profit. I too consider people to have their own opinions and exercise them freely.

Often people are in dire need of money and they have to sell at losses, you have to blame the circumstances for that not a wronged decision. Now there are people who are selling at loss because they are sick of holding after buying at a high, these people have made a mistake in trading at the wrong price, so they learn their lesson.

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[virasog]

It’s okay because not everyone is as confident in their decision making skills as you may be. Everyone has a different goal so we need to respect that. Those who wish to hold, should continue and those who want to sell, should do as they please.

Fact is if the weak hands dont sell, the whales get nothing to buy at a discount, so as long as there are weak hands there will be whales and the speculative market will continue like usual. There is nothing about being a chicken as long as you are making a profit. I too consider people to have their own opinions and exercise them freely.

Often people are in dire need of money and they have to sell at losses, you have to blame the circumstances for that not a wronged decision. Now there are people who are selling at loss because they are sick of holding after buying at a high, these people have made a mistake in trading at the wrong price, so they learn their lesson.

Retail will never understand how the whales are cheating them and making them sell low and buy high.

As you may have noticed that in the bear market you will always find bad news about bitcoin and crypto. Most of this news are created by the Whales so that the retail investor get panic by hearing these news and sell their holdings of bitcoin. Have you ever thought that when the retailer selling who is actually accumulating and buying bitcoin? For sure it is the whales and big investors who want to buy bitcoin at cheap rates and only with they can bring the price back is to create a panic in the crypto world.

[borovichok]

It’s okay because not everyone is as confident in their decision making skills as you may be. Everyone has a different goal so we need to respect that. Those who wish to hold, should continue and those who want to sell, should do as they please.

The market consist of both the bear and bull movement. It's only a matter of time for one to choose the market that's most favourable for oneself. Selling is one's choice and also holding is also one's personal choice. Bitcoin brings profits in either ways. There's enough categories for investors and traders to gain profits from bitcoin. Although the market is currently passing through the bear season with countless failed projects but bitcoin still stand out and it's still top, despite the red long candles everywhere on the charts.

[Japinat]

It’s okay because not everyone is as confident in their decision making skills as you may be. Everyone has a different goal so we need to respect that. Those who wish to hold, should continue and those who want to sell, should do as they please.

Fact is if the weak hands dont sell, the whales get nothing to buy at a discount, so as long as there are weak hands there will be whales and the speculative market will continue like usual. There is nothing about being a chicken as long as you are making a profit. I too consider people to have their own opinions and exercise them freely.

Often people are in dire need of money and they have to sell at losses, you have to blame the circumstances for that not a wronged decision. Now there are people who are selling at loss because they are sick of holding after buying at a high, these people have made a mistake in trading at the wrong price, so they learn their lesson.

Retail will never understand how the whales are cheating them and making them sell low and buy high.

As you may have noticed that in the bear market you will always find bad news about bitcoin and crypto. Most of this news are created by the Whales so that the retail investor get panic by hearing these news and sell their holdings of bitcoin. Have you ever thought that when the retailer selling who is actually accumulating and buying bitcoin? For sure it is the whales and big investors who want to buy bitcoin at cheap rates and only with they can bring the price back is to create a panic in the crypto world.

That's the disadvantage if you don't know what you're investing, surely those people who gave up easily and sold their assets low while buying at a much higher price don't really know what they're into and did not researched well. Sometimes, people are just riding the hype because they saw some people getting rich out of it but they don't know how long it took them to get at that point and then there they are, buying without getting some firsthand knowledge.

[JeremyVivyan]

Unfortunately, I was the chicken. I haven't earned back what I lost last year. How much I regret that decision.

[Blawpaw]

Loose hands are holding bags and any FUD at all makes these guys sell at lowsy prices. On the one hand, this is not helpful at all and makes it hard for stability, but on the other hand it allows us to purchase bitcoin  at cheap prices.

[pawanjain]

This is the real issue BTC is facing. Chickens get afraid and sell even if they lose their money. They don't even understand how crypto works.

I've never sold a satoshi since 2013. I know BTC will rise back and one day will hit the 100k and beyond. In a way I'm glad this is happening, more strong hands and less chickens. HODL! Hoping to buy more if it gets down to 10k.

Haven't even heard about FTX until now lol. This shows how panicked I am

1 BTC = 1 BTC. That's all you need to know. Less drama, live longer.

Holding is definitely good but its not bad to take profits while the price is near ATH.
Over the years we have seen bitcoin breaking every ATH but at the same time we have also seen it dumping after ATH as well.
So selling some near the ATH and buying back later is not a bad strategy in fact it increases our stack.

[OgNasty]

I disagree about your explanation that chickens are the reason behind this drop. I would say it was caused by pigs. Greed got companies playing musical chairs with each others funds in a game of curclejerk that ended in nobody having a place to sit. Their overleveraged bets are now forcing them to sell, not fear. Retail investors with a small leveraged position may have fear that they’re selling to run from, but the reason for this drop is most definitely not scared retail sellers.

[Cookdata]

This is the real issue BTC is facing. Chickens get afraid and sell even if they lose their money. They don't even understand how crypto works.

I've never sold a satoshi since 2013. I know BTC will rise back and one day will hit the 100k and beyond. In a way I'm glad this is happening, more strong hands and less chickens. HODL! Hoping to buy more if it gets down to 10k.

Haven't even heard about FTX until now lol. This shows how panicked I am

1 BTC = 1 BTC. That's all you need to know. Less drama, live longer.

The day this post was published, the price of bitcoin fell as low as $15,000. This wasn't a flash crash, but rather FUD that caused many traders to sell their positions and close them. Today, the price of bitcoin is trading at around $17,000. This represents a 2-k profit for traders with large amounts of capital, such as margin and futures traders. I am aware that there is much to gain from holding bitcoin for an extended period of time while ignoring fears, doubts, and uncertainty, but trust me when I say that a skilled trader would rather profit from market trends than hold.

And again, if I had the guts to hold onto Bitcoin from 2013, by this point I would have a solid understanding of how the markets operate and would sell at a price around $60k, see what happened, and then buy it back, or sell half and buy it back to have more bitcoin.

[panganib999]

I'm curious: how is someone a chicken if he sold for $60,000 a year ago? Whether we like it or not, holding isn't necessarily the best practice out there. You could have sold during last year's ATH and bought back now, during the dip. I didn't know about FTX.com either, but this single incident was enough to send Bitcoin down to $15.000 within one day, which is worrying to say the least. I can't blame people for being emotional over their own money. It's hard to process that our funds are now worth more than 15% less in value, in a matter of a few hours.

Exactly. Just like what my favorite youtuber said, you can't change someone's mind by trashing on their opinion, which in this case is whether they should sell or buy. There's always going to be people who will buy and sell bitcoin, otherwise the economy wouldn't really work. And you are right, you can't blame people for being emotional over their own money, especially if it's something that they've worked hard for. What should be done is aggressive educational information that people could use in order to shed light on the situation and better equip them in situations like this. What should be controlled is FUD, not how people react to it. This discussion will never stop as long as bitcoin is running, there will be people who are very wary of their own money and there are those who take more risks than everyone else.

[Lanatsa]

I'm curious: how is someone a chicken if he sold for $60,000 a year ago? Whether we like it or not, holding isn't necessarily the best practice out there. You could have sold during last year's ATH and bought back now, during the dip. I didn't know about FTX.com either, but this single incident was enough to send Bitcoin down to $15.000 within one day, which is worrying to say the least. I can't blame people for being emotional over their own money. It's hard to process that our funds are now worth more than 15% less in value, in a matter of a few hours.

Exactly. Just like what my favorite youtuber said, you can't change someone's mind by trashing on their opinion, which in this case is whether they should sell or buy. There's always going to be people who will buy and sell bitcoin, otherwise the economy wouldn't really work. And you are right, you can't blame people for being emotional over their own money, especially if it's something that they've worked hard for. What should be done is aggressive educational information that people could use in order to shed light on the situation and better equip them in situations like this. What should be controlled is FUD, not how people react to it. This discussion will never stop as long as bitcoin is running, there will be people who are very wary of their own money and there are those who take more risks than everyone else.

When it comes to money then we are really that impulsive and really that emotional even you do say for yourself that you arent a chicken but with the current things that you've been dealing with or possible

scenarios that you might faced up along the way might really be affecting you in every other way around.Even how hard or how many times you would be making up recommendations and suggestions.

There would be always those people who would really be doing actions which are really that common like sell on loss on the time they are seeing the market is declining
which is really that dumb as we do all know.

[livingfree]

Unfortunately, I was the chicken. I haven't earned back what I lost last year. How much I regret that decision.

Sorry about that but it's not that late at all. You can still make it no matter what happened last year, you can comeback anytime and start again from the beginning.

I was a chicken before and then I've started to learn a lot from the market and also from my own experiences. It was tough and hard but all good and relieving when you get back on track.

Those that have sold at the peak, they're also lions, they just have to buy back at a lower price and then they're good on track again. Easy on them.

[Crypto Library]

Buy in the dip and then hodl and hodl and then sell high I think it's the key .
And I also think that now the people's who are selling bitcoins now they don't have any knowledge about in Bitcoin or Crypto currency Investment. I'm more than happy with the price of bitcoin going down because I want bitcoin to come to a price where I can afford to hold a whole bitcoin.

[virtualdn]

It's funny how many people say "why haven't you sold at 60k" when even they didn't know that 60k was going to be the top As I've said, HODL, less headaches.

[LegendaryK]

It's funny how many people say "why haven't you sold at 60k" when even they didn't know that 60k was going to be the top
As I've said, HODL, less headaches.

Also No Profit,
if you keep that up, well you'll never earn anything.
Maybe your grandkids will spend it, if the PoW bans don't occur and your private key is not lost.  


FYI:
What happens when a Lion only hodls his prey and never eats it, the lion dies of starvation.
What happens when a person only hodls btc and never sell it, the person dies without ever gaining anything.

While the Chicken that sold at $60K, ordered a new coop and a bunch of organic grains to eat.
The Chicken would outlive the Lion  , and have more to show than the person.  

[JoyMarsha]

When investing in cryptocurrencies, the one thought that crosses every investor's mind is how to earn from it. It is their prerogative to sell their bitcoin at a lower or higher price. It's their personal decision, not yours to make. I can't hold anybody responsible for that because I have sold my bitcoins for fiat before.

Just because you have the patience to hold onto your bitcoin investment, doesn't guarantee others will. People differ from one another. There are several financial scenarios when someone can feel like selling their bitcoin for fiat to cover their expenses.

[CryptoHeadlineNews]

This is the real issue BTC is facing. Chickens get afraid and sell even if they lose their money. They don't even understand how crypto works.

I've never sold a satoshi since 2013. I know BTC will rise back and one day will hit the 100k and beyond. In a way I'm glad this is happening, more strong hands and less chickens. HODL! Hoping to buy more if it gets down to 10k.

Haven't even heard about FTX until now lol. This shows how panicked I am

1 BTC = 1 BTC. That's all you need to know. Less drama, live longer.

It's really a compliment knowing you haven't sold your Bitcoin since 2013 Sir, but I think selling Bitcoin at some point or either swapping it to USDT when its price seems to be falling is not literally a bad idea, that's only if the seller intends to buy back again, because thou 1 BTC = 1 BTC, but 1 BTC at $68,000 can never be the same as 1 BTC at $17,000. Example, a person who sold 1 BTC at $68,000 in Nov last year, by today such individual will be a proud owner of 4 BTC at today's current price at $17,000

[Bitstar_coin]

Loose hands are holding bags and any FUD at all makes these guys sell at lowsy prices. On the one hand, this is not helpful at all and makes it hard for stability, but on the other hand it allows us to purchase bitcoin  at cheap prices.

What is the essence of holding if the person can not withstand negative news?
Holding requires sacrifice and many people don't seem to realize that. You can't plan to hold btc for 2 to 3 years and expect to have a smooth ride without any bear period? there will always be ups and downs during the period of hold. So anyone planning to hold should be prepared for the unexpected that comes along.

[Tanvi50_]

I'm curious: how is someone a chicken if he sold for $60,000 a year ago? Whether we like it or not, holding isn't necessarily the best practice out there. You could have sold during last year's ATH and bought back now, during the dip. I didn't know about FTX.com either, but this single incident was enough to send Bitcoin down to $15.000 within one day, which is worrying to say the least. I can't blame people for being emotional over their own money. It's hard to process that our funds are now worth more than 15% less in value, in a matter of a few hours.

So let's think of it like this.  FTX news brought down BTC to $15k. Why hasn't BTC gone down past $15k? It could have gone to $1k or $0. But it didn't. Because the strong holders are still holding their BTC. And even if it goes to $10/8/7k, there will still be many people to buy and bring it back to its previous glory.
So those who are selling, really are chicken.

[salad daging]

It's funny how many people say "why haven't you sold at 60k" when even they didn't know that 60k was going to be the top As I've said, HODL, less headaches.

Because they think 60k is the highest price because they say that. lol

HODL is already strong they're easy to say that and go through it I'm now proceeding to where HODL bitcoin is the right way 10 years later or so I'm assuming I'm going to earn a lot of bitcoin.

Eliminate thoughts of being bearish and hoarding Bitcoin in a way that is fair to afford. Then the next HODL.