Post
Topic
Board Speculation
Re: Just sold all my BTC because
by
qwertyup23
on 08/05/2018, 04:28:15 UTC
This market does not have the steam to break 10K
Will buy back in when things are making more sense.
Bitches are buying ETH and Bitcoin Cash
BTC dominance is going down hill
A Bear Market could be triggered if BTC goes below 9520 according to one analysts. it has already done that today: Tread carefully and use stop loss if you recently bought in!
When you sit and see BTC go down 450 USD in a day you need to ask yourself WHY? Whales didn’t do it is called market sentiment. The whales spiked it 1000 USD in 5 minutes not long ago and caused this mini rally!

You have all the prerogative and freedom to utilize your resources but always remember that you should never sell your bitcoins to a price lowered from what you acquired them. Though the prices may be determined by law of demand and supply, prices tend to be manipulated by whales.

OP can I know how many bitcoins you were sold because of that fall kf $500 in the bitcoin price.And you sating that bitcoin cash and ethereum will take over bitcoin but it will never happen so don't spread lies withour any analysis.
Exactly, it will not happen that other coins could overtake bitcoin. They must show proofs at least to support their statement, a person can sell btc when in a hurry to take profit. It is case to case basis in which they can take profit on their investment.

Regardless on how many coins he sold, it still does not change the fact that bitcoin would always be the reigning cryptocurrency in the future. The only factor that may decrease its price significantly is due to government or worldwide prohibitions by countries.