Post
Topic
Board Bitcoin Discussion
Re: Don't sell your precious BTC to the whales!
by
danadc
on 10/07/2022, 21:06:39 UTC
We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!
That goes out for all those who have forgotten and force to sell their bitcoin because they become more triggered that they won't be making money at all. When the fact is, everyone who sell at a bearish state only end up selling to acquire more losses. But for those who never doubted bitcoin and continue to hold for long term, they mostly end up as winners as they know history will keep on repeating and it always settle with bitcoin price to the moon.
Those people who doesnt know the bitcoin cycle is real and have not experienced a satisfying ride ... a 100 fold growth of investment and so on.
Things feel like a miracle for those who keep putting the faith and get the happy ending.

Selling meaning a bad ending , that's all.
For me it is a bearish cycle, but this is normal, all markets have those cycles, the bearish and the one that represents the bullish, we can talk about it being able to recover and reach a good price, but it can also drop in price, that is normal because many are waiting for it to rise to sell and make a profit, it's a poor thought, I think the rich think of selling but not less than 100,000 dollars, I think a millionaire can have that as his first goal.