Everywhere I go, I hear "profits", "bull markets", "selling", "good price" and ... last but not least ... "investing".
Guys, you are aware that the more people have this attitude, the earlier you all get rekt? Namely, when you "panic sell" after you figure that there is no greater fool out there anymore who will pay a higher price than you did?
For bitcoin to succeed, I am afraid there must be a drastic change in how people use it! A good start might be to actually WANT Bitcoin, and not an increase of your fiat Money.
Lol, read the last posts and "feel the sentiment".
Well, we have different opinion on the above topic, we have different style in investment, Trader often very active when the market is either on the down stream, or on the up stream, they enjoy the market movement. Now, just give my opinion on the above topic question; One should remember that Market is Volatile, anything can happen at any given time, market price value may goes up and goes down, dependent on the Volume of investment put in by the investors. if i will follow the simple Principle " Buy low and Sell High" yes, i will sell my coin considering the right timing on the trading market.
Yeah, but doesnt it show that people do not buy Bitcoin because they like the idea of a decentralized alternative to traditional currencies, but merely because they think they can increase their fiat money? If this is the case, i see no demand for the currency at all, just some gamblers who wouldnt touch Bitcoin at all if its price would be stable! How is that supposed to work in the long term?