Quote from: Taskford on Today at 10:25:27 PM

Quote from: JayJuanGee on Today at 09:29:46 PM

Quote from: promise444c5 on Today at 09:19:41 PM

Quote from: JayJuanGee on Today at 09:00:00 PM

Of course there are two angles to Wind_FURY's above questions. First is why are people selling below $60k?

i think this is just a sub probably those trapped in the FUD along the way but's still hard to determine what's happening below the $60k (in my view)...

I never claim to know, either, yet intuitively there always seems to be a motive from the bears to try to push the BTC price as low as they can and to keep it as low as they can for as long as they can, yet there are various times when they are not able to achieve their objectives, and the BTC price goes up and gets out of hand to such an extent that it has to get to some kind of a pausing place in order that the bears can resume their mission of pushing the BTC price down... Kind of a simplistic explanation, and surely we have forces on both sides... and some might refer to BTC price dynamics as a sign of a kind of underlying war or a battle.. and yeah, there is likely some truth to that, including that those of us who have been accumulating BTC or continue to hold and/or accumulate BTC are the beneficiaries of a wealth transfer battle that no coiners likely would prefer not to happen.. so there are likely some forces within the representation of no coiners who would rather get your coins rather than you benefiting from the ongoing wealth transfer that is happening from the no coiners to the coiners.

Well some motive I see from those bears who spread fud about the market is either they have bad agenda towards bitcoin since they want to promote something like their shitcoins created and we know this attack exist especially when there's a dump happening since those people use this scenario just to scare people and insert their motive to make it looks like their coin is more better than bitcoin.

Other scenario is also there are people install fear to the minds of no coiner since they want to create massive sell offs since this will benefit them to the extent that once the market dump more they could buy more cheaper bitcoins and with that they can earn lots of money when bitcoin price recovers.

So I'm really looking forward that when situations like market dumping is happening lots of people would able to see that there's nothing to fear in this situation and people will look at it as opportunity. The also they could able to ignore anything negative they could read anywhere then focus to build wealth on bitcoin by accumulating more. Although we assume about the those things what really caught up my interest is to read the different sentiments of people when there's a bearish situation occur.

Sure there has always been various levels of propaganda and even trying to convince folks that the top is in and there might be some needs to take profits, or to get distracted into shitcoins, yet since we are not really talking about those kinds of selling practices or trading or shitcoins directly, then we are focused on the topic of this thread which relates to our own accumulation of BTC through the years, and surely there are guys who might have had been accumulating bitcoin aggressively since the beginning of their involvement on the forum and there might be other guys who made mistakes along the way and maybe realized that they needed to be more focused on BTC accumulation.

Even if we go with your forum registration Taskford, we might consider there are a variety of places that you could have had gotten in the past 8.5-ish years, and even if you had been accumulating only $50 per week of bitcoin, you would have invested around $22k and you would have had accumulated more than 7 BTC, and so sometimes there can be questions what to do if you were to have that quantity of BTC, you might want to continue to focus on accumulating, or your might just choose to hold for a bit of time, and it can be difficult to answer the question for someone else, even though many times we can see that a certain amount of passage of time of continuous BTC accumulation could put someone into a position of rethinking his focus on BTC accumulation and potentially transitioning into other strategies that are not so BTC accumulation specific.

Also, even though I might suggest to get more focused on accumulation if you don't quite have enough BTC, I recognize that there could be scenarios in which some guys might start to either feel that they have enough or maybe instead of buying bitcoin every week and no matter what, they might start to just buy on dips, which works out as an o.k. strategy for a guy who already has a decent quantity of bitcoin, but might not work very well as a strategy for someone who is earlier in his BTC accumulation journey.