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Author Topic: 10K BTC Linked to Mt.Gox Moved!  (Read 216 times)
TheGreatPython
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November 29, 2022, 05:41:26 AM
 #21

Honestly these type of news always happen and talked about, and yet I have never seen anything bad come out of it. Nobody really cares, what the market cares about is superficial idiotic things, not the real movements and that's a bit sad. 10K bitcoins moved and nobody cares about it, watch how Elon could ruin or increase the market tomorrow if he decided to do it. That is a sad reality but he can, with just a single tweet for example.

This is a proof that people care about what they can't control, and do not care about the tangible real things that they can see. I would personally be scared more of this than a tweet, but I am no longer like that, because of the market.
I think you are right and it wasn't always link to mt gox. There are times that they link a thousand of btc to an old inactive wallet that suddenly became active and there are times they think that satoshi is now selling his bitcoins. It wasn't really new to us so we shouldn't worry because news like this are mostly just a rumour.

Let's wait for some days and we will see that it doesn't have any effect in the market and if there are some movements, it can be caused by other things which occurred in real time. There is no need to be scared because we already witnessed the worst in cryptos but despite of that, cryptos are still alive and recovering.

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Mpamaegbu
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November 29, 2022, 08:15:21 PM
 #22

i believe that keeping your coin when the market is on bullish is the best method of investment,
The line that I bolded above made me confused.
Because usually when I see that my profit was there when there's a bull trend market, I cut it off so that I already have my profit and the rest just keep it again for an investment for a long period of time.  
sheenshane, you're right. Profit in the pocket is better than one on the screen. There's even a safer way to play in this market and I'm sure those who've kept it that way haven't had any regrets. One shouldn't allow greed overshadow one once it comes to taking profit. At every point, it's better to half the risk by taking half of one's profit off the table and allow the rest run with a stop loss. Otherwise, the profit may return to loss. It's better half a profit in one's pocket than expected full and bloated elusive profit.

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GeorgeJohn
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November 29, 2022, 09:42:08 PM
 #23

i believe that keeping your coin when the market is on bullish is the best method of investment,
The line that I bolded above made me confused.
Because usually when I see that my profit was there when there's a bull trend market, I cut it off so that I already have my profit and the rest just keep it again for an investment for a long period of time. 
sheenshane, you're right. Profit in the pocket is better than one on the screen. There's even a safer way to play in this market and I'm sure those who've kept it that way haven't had any regrets. One shouldn't allow greed overshadow one once it comes to taking profit. At every point, it's better to half the risk by taking half of one's profit off the table and allow the rest run with a stop loss. Otherwise, the profit may return to loss. It's better half a profit in one's pocket than expected full and bloated elusive profit.
You and I knows very well what leads some investors into disadvantages of cryptocurrency, and i believe that market is very attractive because of profit earn at some point, so most of us today who complained of losing funds over investment the beginning or genesis of lose is been determined by the greediness of the investors, some this particular concept is certain already.

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