Who the fuck is selling at this price Veeky Forums?
All the long term hodlers would have seen the parabolic rise to 20k and taken profit on the uptrend, none of them are stupid enough to sell at 5k.
Whoever is selling here can't be making money.
Who are they Veeky Forums?
Day traders, stop losses.
they are people trying to minimize losses, and they're right
btc will hit 2k by the weekend.. i've got insider information, can't give you the details but trust me, selling right NOW is the best thing you can do.
there are investors which completely didn't research and so they panic sell.
also someone may buy alts for btc now.
lol
you know who
theres absolutely no movement into alts, they get bled harder
i'm serious. screencap my post, 2k by the weekend
Institutional shorts and people who lost faith. Better sell at 6k than 1k. I'm just hodling and have 20k EUR in Kraken just sitting. In 7 min when the markets open I will liquidate all my stocks. Going to transfer some of that money to Kraken too, but I'm not buying anything before I see a clear uptrend. I think BTC is going to dip to 2k, maybe even lower..
Boy I can't wait to post this to r/Veeky Forums xD!
>Buy bitcoin because it only goes up
>It starts tanking
>Sell to bagholders to at least have something
got in march of 17 held mostly eth. Rode my portfolio to 1.6mm a few weeks back just sold most of it for 500k. I'm expecting major selling in the stockmarket in the morning,
Sold a third of my portfolio between $16-20k. Sold another third when it fell below $10k to lock in my gains. Thought about bailing out and selling my last third but might as well stick around for the ride
sold at 13.2K, 6.5K, 6.2K
now I can put it back in at 3K-4K if it gets that low
also I should add I put in around 140k over the past year so im still up.
thanks just sold 100k
nigger
>All the long term hodlers would have seen the parabolic rise to 20k
that is where you are wrong kiddo. I know one of those guys, even when he had a 750% profit he didn't want to sell, believing it will go to 100k
you underestimate the depth of human greed and stupidity
Ever heard of the sunken cost fallacy?
Euro whales are selling like crazy. Wait for it to go down to 3K
its the jews stupid
1 year old holders. Did biz forget it was around $2k in march or something?
wash trading and day traders
...
to be fair BTC's real value should be somewhere around $50-100, where the transfer fees are more reasonable.
People who bought before $5k and want to take profit.
user you are understimating human emotion and greed of traders. I myself am guilt as fuck
I bought at $3k during summer 2017, and rode that shit all the up to fucking $20k and never sold because I thought I was going to 10x after already 10x ing and become a millionaire. Literally euphoria took me over at $20k I thought I was a fucking genius.
I rode this fucking shit all the way back down, getting rid of all my fucking gains over the last 7 months for nothing. And I just sold for 100% profit a few hours ago. If you don't think there are more retard traders like me you're wrong. We are going to $4k soon, no one is buying
Lel I just started slowly buying back. Gotta get me these juicy prices
>Who the fuck is selling at this price Veeky Forums?
Short seller?
>please stop selling. Think of my losses
>$1 billion is enough to handle the world's transactions
Fiat money is worth 70 trillion. Even if cryptocurrency handles 1% of the world's transactions and never replaces fiat, it would still need to be worth 700 billion.
OP is literally an idiot holder trying to game the market. He's made ten of these threads already. It's time to sell.
Yeah, but BTC is by far the most overvalued and overrated coins out there. Monero, Augur, FUN, Ethereum, Quantum, even LTC are much better coins, ie have lower transaction costs and faster transaction speed. Not to mention, some have smart contracts and/or are anonymous and/or are being used to pioneer real online gambling.
user I...
sauce on this, holy shit
I sold
Im done with this shit, atleast I got out with dignity
Now Im working extra hours and night shifts until I get back what I lost. It will take years of hard work and pain
Fuck you biz, I will never forget
lmao good luck you dilf
Not hodling.....baka. You bitchmade nigger.
>wen the meme turns out to b reel
The newfags and normies. Also governments and globalists who want it cheap so they can own and control supply.
Nah, they are not stupid, they sell now and buy back at the bottom for more profits.
Well, anyone who bought last january is still up 400-4000%, and it'd be stupid to HODL and sell at 200-2000%.
I mean, I'm sorry you bought in december, but you're never getting that money back,
>they're onto us. Activate the alts. Sell all of it, everything, now.
more of this meme
and you could ask, who the fuck is buying over $100?
The shit's rigged. Why do people continue to believe there's any logic behind this, outside of the exchanges completely making this shit up? lol.
There isn't that much volume. It doesn't take that much money to move BTC up or down thousands in value. We're a playground for whales and wallstreet and they can dictate the price.
Shorter making mad gains
>think of all the gains in the upcoming years you will miss, once traders unironically kill off the entire market
My buy price is 2k.
>Buy high sell low
Thanks, goy, Now i can buy low and sell high
heh, Veeky Forums
You might as well wait until it hits sub 1k because that’s where it’s going when/if it actually breaks 4.
>Who the fuck is selling at this price Veeky Forums?
The real question is who is buying?
Your meme coin will literally hit zero in a couple of months and never recover
Of course but the moment it breaks 2k, I will be ready. Just waiting to see the right signals to buy
WHAT THE FUCK, STILL DOWN?
WHAT IF... WHAT IF I REALLY BOUGHT HIGH BC ITS GONNA DROP BELOW 2K?
The sellers are the people who are panic selling alts, they have to sell alts to BTC then to USD in order to exit crypto.
If BTC ends up at sub 1k, it’s time to all in on ETH.
Or people holding alts see BTC falling, then sell for BTC, buy Tether/USD and buy BTC back and buy alts back
Yeahhh this is somewhat true. I've been hoarding for a long time. At this point I feel dumb for ignoring my gut and not taking more profit, but even at these levels I'm up like 80,000%.
Good news is the price is stabilzing but until when?
Anyone got the Chad Hodl meme?
One Japan exchange is in maintenance. BTC will probably drop more later.
keep holding, sell if it ever makes it to 20k again
well no becuase you never know how high the rise will go or how far it will fall.
Your better of waiting it out until a level your happy drawing down from.
Eg who care about 20K when it gets to 100K, that 80 K more a coin...
I am happy to get of the bus at that level.
Then again I am probably throwing away 900K when it goes to 1M a coin