Quote from: JohnBitCo on January 05, 2019, 01:54:26 PM

Quote from: bchain22 on November 20, 2018, 04:00:23 PM

Michael Moro, who is a CEO of a major crypto trading company, talks about how people who bought into Bitcoin at the beginning of 2017 at $1000, are now starting to sell their coins. Is this an indication of massive FUD? Is this the time where we should buy and take advantage of the FUD sellers?

When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now?

Source: https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/

As most of the news, this is also a fud news and not have any real reason to be accepted as a true news. Why would those who bought at 1000$ will sell now at 3800$ ? They could have sell it at 19000$ or 15000$ and in worst cases 10,000$. There is no point in waiting for btc to fall so much and then sell at so low profits.

I do not think that people in November last year massively sold their bitcoins. If it was, then due to some life circumstances, when urgently needed cash. It was foolish to sell bitcoins of several thousand dollars, when more recently, everyone saw its price of about $ 20,000. This is really written as news, just to write something. Today we see that bitcoin is the opposite; people buy, and whales also buy them. This means that the growth of the cryptocurrency market will begin soon.