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D, institutions are selling to get the everyday person to sell, so that they can buy at lower price | r/bitcoin | D, institutions are selling to get the everyday person to sell, so that they can buy at lower price | r/Bitcoin | 2024-24-05 |
Nice tunes, Mr Pied Piper | r/bitcoin | Nice tunes, Mr Pied Piper | r/Bitcoin | 2024-24-05 |
Depends could be traditional finance who get excited for 5%-10% gains. They put in tens of millions and make a nice return. Other could be retail forced to sell due to their economic situation. | r/bitcoin | Depends could be traditional finance who get excited for 5%-10% gains. They put in tens of millions and make a nice return. Other could be retail forced to sell due to their economic situation. | r/Bitcoin | 2024-24-05 |
stupidity | r/bitcoin | stupidity | r/Bitcoin | 2024-24-05 |
Near the all time high is always an incentive to sell. Taking some profits is never a bad idea. | r/bitcoin | Near the all time high is always an incentive to sell. Taking some profits is never a bad idea. | r/Bitcoin | 2024-24-05 |
Sell the news | r/bitcoin | Sell the news | r/Bitcoin | 2024-24-05 |
I sold some Tuesday to cover the debt I took out to buy Bitcoin. | r/bitcoin | I sold some Tuesday to cover the debt I took out to buy Bitcoin. | r/Bitcoin | 2024-24-05 |
I know several people that buy BTC with the sole intent of swapping it for another crypto | r/bitcoin | I know several people that buy BTC with the sole intent of swapping it for another crypto | r/Bitcoin | 2024-24-05 |
People sell at every single level of price, that's how a market works.
Personally I am selling a few hundredths at $70k when it gets back up there for living cuz I retired off my bitcoin.
I bet a lot of people don't understand Bitcoin's market cycle and they are worried that its been hanging around the ATH the past couple months and they are worried its gonna crash like it did last time. I do see people mention this, and saw people have the same idea of selling around $20k last market cycle too. But this would only be a small part of the sellers. People sell every single day for all sorts of reasons. I'd say the majority is probably traders. Traders selling for profit after buying recently in the low to mid $60k's, or selling/panicking and trying to buy in lower after buying at $70k. | r/bitcoin | People sell at every single level of price, that's how a market works.
Personally I am selling a few hundredths at $70k when it gets back up there for living cuz I retired off my bitcoin.
I bet a lot of people don't understand Bitcoin's market cycle and they are worried that its been hanging around the ATH the past couple months and they are worried its gonna crash like it did last time. I do see people mention this, and saw people have the same idea of selling around $20k last market cycle too. But this would only be a small part of the sellers. People sell every single day for all sorts of reasons. I'd say the majority is probably traders. Traders selling for profit after buying recently in the low to mid $60k's, or selling/panicking and trying to buy in lower after buying at $70k. | r/Bitcoin | 2024-24-05 |
Needed a chimney and new gutters. | r/bitcoin | Needed a chimney and new gutters. | r/Bitcoin | 2024-24-05 |
A.
Look at the graph of Bitcoin prices the past five years. Every new peak lasts one - two months, followed by a steep decline, which levels out at a stable plateau higher than the previous plateau. This is the new peak, it will drop down to around $40K - $50K and level out, that’s the time to rebuy. | r/bitcoin | A.
Look at the graph of Bitcoin prices the past five years. Every new peak lasts one - two months, followed by a steep decline, which levels out at a stable plateau higher than the previous plateau. This is the new peak, it will drop down to around $40K - $50K and level out, that’s the time to rebuy. | r/Bitcoin | 2024-24-05 |
C for me | r/bitcoin | C for me | r/Bitcoin | 2024-24-05 |
When has a new price high for Bitcoin lasted longer than two months? Don’t bother looking, the answer is never. This new price high’s time is up. It’s going back down soon. | r/bitcoin | When has a new price high for Bitcoin lasted longer than two months? Don’t bother looking, the answer is never. This new price high’s time is up. It’s going back down soon. | r/Bitcoin | 2024-24-05 |
A very large group of people fall into A. There’s a ton of day trading and bot trading in the crypto space. In the end the main entities that are really hodling btc are just that, entities or whales that can sit on thousands to millions of dollars and don’t have a need to sell. | r/bitcoin | A very large group of people fall into A. There’s a ton of day trading and bot trading in the crypto space. In the end the main entities that are really hodling btc are just that, entities or whales that can sit on thousands to millions of dollars and don’t have a need to sell. | r/Bitcoin | 2024-24-05 |
I’ve sold a tiiiny but because of unexpected reasons. Mom had a head injury and needed help and my partner was changing her line of work and there was a break in schedule. | r/bitcoin | I’ve sold a tiiiny but because of unexpected reasons. Mom had a head injury and needed help and my partner was changing her line of work and there was a break in schedule. | r/Bitcoin | 2024-24-05 |
With cost of living so high, most people can’t live solely off of unemployment insurance, especially when it pays up less than what they were earning at their jobs | r/bitcoin | With cost of living so high, most people can’t live solely off of unemployment insurance, especially when it pays up less than what they were earning at their jobs | r/Bitcoin | 2024-24-05 |
this. everyone on here may NeVEr SeLl, but for the vast majority of people it’s no different than an etf for them to try and beat the market, and they need to buy needs, goods and services to live. | r/bitcoin | this. everyone on here may NeVEr SeLl, but for the vast majority of people it’s no different than an etf for them to try and beat the market, and they need to buy needs, goods and services to live. | r/Bitcoin | 2024-24-05 |
Who are people? Different holders sell for different reasons. Most dumps are kicked off by whales, who use whatever fud is around. Dump a few, shake out the pussy hands. It's a rinse and repeat cycle. Been market strategy for years | r/bitcoin | Who are people? Different holders sell for different reasons. Most dumps are kicked off by whales, who use whatever fud is around. Dump a few, shake out the pussy hands. It's a rinse and repeat cycle. Been market strategy for years | r/Bitcoin | 2024-24-05 |
It won’t happened stop dreaming and keep dreaming | r/bitcoin | It won’t happened stop dreaming and keep dreaming | r/Bitcoin | 2024-24-05 |
D) other. The number one reason for selling is to pay for mining expenses, right? | r/bitcoin | D) other. The number one reason for selling is to pay for mining expenses, right? | r/Bitcoin | 2024-24-05 |
True, please donate through private donations in BTC or fiat to help! 1-2 usd makes a lot of difference in Brazil | r/bitcoin | True, please donate through private donations in BTC or fiat to help! 1-2 usd makes a lot of difference in Brazil | r/Bitcoin | 2024-24-05 |
True but that’s why the halving is significant. Its effects still aren’t in. | r/bitcoin | True but that’s why the halving is significant. Its effects still aren’t in. | r/Bitcoin | 2024-24-05 |
If I had say, 50-500 bitcoin, now would be the time that I would begin rolling off small chunks, probably retire or something.
Or maybe I would sell everything and restructure. Buy a home or a vacation home. Pay off my debts, what have you. | r/bitcoin | If I had say, 50-500 bitcoin, now would be the time that I would begin rolling off small chunks, probably retire or something.
Or maybe I would sell everything and restructure. Buy a home or a vacation home. Pay off my debts, what have you. | r/Bitcoin | 2024-24-05 |
I think the effect has been made. Now it’s just a matter of time for the market as a whole to feel them. Not everyone feels the effects yet, but they will soon. Trust me. | r/bitcoin | I think the effect has been made. Now it’s just a matter of time for the market as a whole to feel them. Not everyone feels the effects yet, but they will soon. Trust me. | r/Bitcoin | 2024-24-05 |
The only people selling right now are traders and people who probably should have never bought it in the first place | r/bitcoin | The only people selling right now are traders and people who probably should have never bought it in the first place | r/Bitcoin | 2024-24-05 |
It’s an asset sometimes you have to liquidate assets to perpetuate existence | r/bitcoin | It’s an asset sometimes you have to liquidate assets to perpetuate existence | r/Bitcoin | 2024-24-05 |
I’m selling 20% of my stack at 80,000 because I like to take profits on these rides up. I’ll start buying again sub 45k. Just need to ride the waves. Will sell 30% at 96k and 40% if it gets to 114k | r/bitcoin | I’m selling 20% of my stack at 80,000 because I like to take profits on these rides up. I’ll start buying again sub 45k. Just need to ride the waves. Will sell 30% at 96k and 40% if it gets to 114k | r/Bitcoin | 2024-24-05 |
Money. | r/bitcoin | Money. | r/Bitcoin | 2024-24-05 |
I think this is the main reason along with overall steep market decline which is the result of fed minutes. | r/bitcoin | I think this is the main reason along with overall steep market decline which is the result of fed minutes. | r/Bitcoin | 2024-24-05 |
They wanna buy some mETH | r/bitcoin | They wanna buy some mETH | r/Bitcoin | 2024-24-05 |
And the degenerate gamblers | r/bitcoin | And the degenerate gamblers | r/Bitcoin | 2024-24-05 |
C | r/bitcoin | C | r/Bitcoin | 2024-24-05 |
Not as long as new Tether is being minted to keep it up… look at BTC price Dec 2022 and where it went from there. Then look at Tether market cap since that exact same time. Over 40 billion USDT minted and counting. 1 billion just two days ago. The music is still playing. | r/bitcoin | Not as long as new Tether is being minted to keep it up… look at BTC price Dec 2022 and where it went from there. Then look at Tether market cap since that exact same time. Over 40 billion USDT minted and counting. 1 billion just two days ago. The music is still playing. | r/Bitcoin | 2024-24-05 |
Bitcoin is money. Fiat is glorified toilet paper. You mean they want the stuff that money can buy, which is different. If it were easier to buy stuff directly with Bitcoin then you wouldn't need to "sell" to fiat as an intermediary. | r/bitcoin | Bitcoin is money. Fiat is glorified toilet paper. You mean they want the stuff that money can buy, which is different. If it were easier to buy stuff directly with Bitcoin then you wouldn't need to "sell" to fiat as an intermediary. | r/Bitcoin | 2024-24-05 |
Feb 17 to Dec 17 ...
Dec 20 to Nov 21 ...
Just to name a couple | r/bitcoin | Feb 17 to Dec 17 ...
Dec 20 to Nov 21 ...
Just to name a couple | r/Bitcoin | 2024-24-05 |
A.
The sun doesn’t rise and set with bitcoin. I don’t give a shit about HODL I’m here to make money. I treat it just like an ETF or stock. | r/bitcoin | A.
The sun doesn’t rise and set with bitcoin. I don’t give a shit about HODL I’m here to make money. I treat it just like an ETF or stock. | r/Bitcoin | 2024-24-05 |
D. I've been buying since $30k CAD and I am taking the chance that it will dip below $90k again before booming. If not, oh well. I only sold about 8-10% of it so I still have plenty more for later
I want to invest into different things and moving free money that doesnt even come close to my deposit makes it much easier | r/bitcoin | D. I've been buying since $30k CAD and I am taking the chance that it will dip below $90k again before booming. If not, oh well. I only sold about 8-10% of it so I still have plenty more for later
I want to invest into different things and moving free money that doesnt even come close to my deposit makes it much easier | r/Bitcoin | 2024-24-05 |
You have a point that ATH prices for Bitcoin have never lasted long. However, this cycle is different from all the previous ones. We finally have widespread both institutional and retail adoption and also regulations coming into play. I do believe we are going to see Bitcoin rocket up to, beyond the moon (which is what everyone is expecting) and to the stars (WAYYYY beyond that). After Bitcoin reaches its spot as the most valuable asset in the history of the world, it's a matter of time before price stabilizes and hits a plateau somewhere in the millions per coin (taking into account the amount of wealth on Earth and how high the price could go assuming Bitcoin becomes the hodler of that value).
They say, "don't count your chickens before the eggs hatch," but the eggs that are hatching are each like a phoenix. Every time some entity tries to defeat or destroy Bitcoin, it just comes roaring back, as you see demonstrated in the prices over time. Bitcoin is, unfortunately for the authoritarians and the tyrants, an irrefutable and unstoppable remedy to the system of incorrigible corruption we have in the world today. | r/bitcoin | You have a point that ATH prices for Bitcoin have never lasted long. However, this cycle is different from all the previous ones. We finally have widespread both institutional and retail adoption and also regulations coming into play. I do believe we are going to see Bitcoin rocket up to, beyond the moon (which is what everyone is expecting) and to the stars (WAYYYY beyond that). After Bitcoin reaches its spot as the most valuable asset in the history of the world, it's a matter of time before price stabilizes and hits a plateau somewhere in the millions per coin (taking into account the amount of wealth on Earth and how high the price could go assuming Bitcoin becomes the hodler of that value).
They say, "don't count your chickens before the eggs hatch," but the eggs that are hatching are each like a phoenix. Every time some entity tries to defeat or destroy Bitcoin, it just comes roaring back, as you see demonstrated in the prices over time. Bitcoin is, unfortunately for the authoritarians and the tyrants, an irrefutable and unstoppable remedy to the system of incorrigible corruption we have in the world today. | r/Bitcoin | 2024-24-05 |
So should we stop dreaming or keep on dreaming? I’m confused | r/bitcoin | So should we stop dreaming or keep on dreaming? I’m confused | r/Bitcoin | 2024-24-05 |
All the dinosaurs died because you touch yourself at night. | r/bitcoin | All the dinosaurs died because you touch yourself at night. | r/Bitcoin | 2024-24-05 |
Oh lol is that a Drake reference | r/bitcoin | Oh lol is that a Drake reference | r/Bitcoin | 2024-24-05 |
Dec 20 - Nov 21: you left out May-July 21.
And 2017? Meant to say: in the last six years. | r/bitcoin | Dec 20 - Nov 21: you left out May-July 21.
And 2017? Meant to say: in the last six years. | r/Bitcoin | 2024-24-05 |
It’s only this unique cool thing until something better comes along. Do you have a Blackberry or iPhone? Bitcoin is Blackberry. The iPhone is coming someday soon. | r/bitcoin | It’s only this unique cool thing until something better comes along. Do you have a Blackberry or iPhone? Bitcoin is Blackberry. The iPhone is coming someday soon. | r/Bitcoin | 2024-24-05 |
C, unfortunately... | r/bitcoin | C, unfortunately... | r/Bitcoin | 2024-24-05 |
Uhh you haven't done any homework on Bitcoin, have you?... I don't mean to point it out to disparage your opinion, but if you really think Bitcoin can be replaced by something better, then you don't understand Bitcoin. The next Bitcoin....is Bitcoin. I can lay it all out for you if you like but it'll take 10 minutes to type out why Bitcoin is not likely to become an anachronism anytime soon. | r/bitcoin | Uhh you haven't done any homework on Bitcoin, have you?... I don't mean to point it out to disparage your opinion, but if you really think Bitcoin can be replaced by something better, then you don't understand Bitcoin. The next Bitcoin....is Bitcoin. I can lay it all out for you if you like but it'll take 10 minutes to type out why Bitcoin is not likely to become an anachronism anytime soon. | r/Bitcoin | 2024-24-05 |
B. Locking profits. A majority of investors are still trying to make a quick Buck. | r/bitcoin | B. Locking profits. A majority of investors are still trying to make a quick Buck. | r/Bitcoin | 2024-24-05 |
Bitcoin is the Internet, not some phone. A truly once in a lifetime opportunity.
If you think any alts are even remotely the same as Bitcoin you have no clue what you are talking about. | r/bitcoin | Bitcoin is the Internet, not some phone. A truly once in a lifetime opportunity.
If you think any alts are even remotely the same as Bitcoin you have no clue what you are talking about. | r/Bitcoin | 2024-24-05 |
People are dumb.
Look, I absolutely could be wrong here. No one KNOWS the future.....but I truly believe the cycle will repeat, and we have some stupid new highs in front of us. | r/bitcoin | People are dumb.
Look, I absolutely could be wrong here. No one KNOWS the future.....but I truly believe the cycle will repeat, and we have some stupid new highs in front of us. | r/Bitcoin | 2024-24-05 |
BECAUSE ITS A SELL A NEWS DIP, BUY IT | r/bitcoin | BECAUSE ITS A SELL A NEWS DIP, BUY IT | r/Bitcoin | 2024-24-05 |
Fiat thinking.
People still think the idea is to get more dollars when they should want the opposite. | r/bitcoin | Fiat thinking.
People still think the idea is to get more dollars when they should want the opposite. | r/Bitcoin | 2024-24-05 |
more like we like money and can time the top | r/bitcoin | more like we like money and can time the top | r/Bitcoin | 2024-24-05 |
>Fiat is glorified toilet paper.
Ok , can I have your fiat money then? | r/bitcoin | >Fiat is glorified toilet paper.
Ok , can I have your fiat money then? | r/Bitcoin | 2024-24-05 |
And it won’t happened? This man living in the twilight zone or something? The past, present and future all here on Reddit. | r/bitcoin | And it won’t happened? This man living in the twilight zone or something? The past, present and future all here on Reddit. | r/Bitcoin | 2024-24-05 |
Who in the hell can afford to live strictly off unemployment? It is significantly less than what they would have already been taking home, and in today’s financial market that hypothetical individual was probably already stretched thin as it is. | r/bitcoin | Who in the hell can afford to live strictly off unemployment? It is significantly less than what they would have already been taking home, and in today’s financial market that hypothetical individual was probably already stretched thin as it is. | r/Bitcoin | 2024-24-05 |
If only bitcoin were a currency! Then you wouldn’t need real currencies | r/bitcoin | If only bitcoin were a currency! Then you wouldn’t need real currencies | r/Bitcoin | 2024-24-05 |
B& D | r/bitcoin | B& D | r/Bitcoin | 2024-24-05 |
Yes I agree sort of. This is a shakeout before the breakout. I would not be surprised to see $53k before $80k | r/bitcoin | Yes I agree sort of. This is a shakeout before the breakout. I would not be surprised to see $53k before $80k | r/Bitcoin | 2024-24-05 |
Everytime you reach an all-time high it’s a psychological level that takes awhile to break. At this point, few coins have a cost basis this high, so it’s less a “lemme recoup my investment and get out” and more a situation of finding supply that is taking profits. | r/bitcoin | Everytime you reach an all-time high it’s a psychological level that takes awhile to break. At this point, few coins have a cost basis this high, so it’s less a “lemme recoup my investment and get out” and more a situation of finding supply that is taking profits. | r/Bitcoin | 2024-24-05 |
When my BTC stack is worth enough to sell off half and pay off my mortgage, I’m gonna be hard pressed to keep hodl and not do that… | r/bitcoin | When my BTC stack is worth enough to sell off half and pay off my mortgage, I’m gonna be hard pressed to keep hodl and not do that… | r/Bitcoin | 2024-24-05 |
Would you care to tell me when I am about to die so that I could sell my investments before that | r/bitcoin | Would you care to tell me when I am about to die so that I could sell my investments before that | r/Bitcoin | 2024-24-05 |
What's causing the price to go up? | r/bitcoin | What's causing the price to go up? | r/Bitcoin | 2024-24-05 |
Soon the traders will be outnumbered vastly by the longest holders of all, the pensions and big money management institutions. And the btc price will stabilize , moving gradually up and to the right. The ETFs will change this game. For the better. Long term. | r/bitcoin | Soon the traders will be outnumbered vastly by the longest holders of all, the pensions and big money management institutions. And the btc price will stabilize , moving gradually up and to the right. The ETFs will change this game. For the better. Long term. | r/Bitcoin | 2024-24-05 |
Disagree with me all you want. I manage money for a living lol. Where in the white paper does it say bitcoin is supposed to replace currency altogether… think more in terms of a reserve asset that yes you can exchange into local currency for goods and services but over the long term is more of a savings vehicle to protect against the obvious. | r/bitcoin | Disagree with me all you want. I manage money for a living lol. Where in the white paper does it say bitcoin is supposed to replace currency altogether… think more in terms of a reserve asset that yes you can exchange into local currency for goods and services but over the long term is more of a savings vehicle to protect against the obvious. | r/Bitcoin | 2024-24-05 |
Degens will exit btc and throw in elsewhere as the diminishing btc vol makes gambling much less attractive. BTC is becoming what Satoshi intended. A better form of money. The world's first non inflationary commodity. For all. Everywhere.Forever. | r/bitcoin | Degens will exit btc and throw in elsewhere as the diminishing btc vol makes gambling much less attractive. BTC is becoming what Satoshi intended. A better form of money. The world's first non inflationary commodity. For all. Everywhere.Forever. | r/Bitcoin | 2024-24-05 |
I am up to speed on liking money. But man I am total shit on timing the top. | r/bitcoin | I am up to speed on liking money. But man I am total shit on timing the top. | r/Bitcoin | 2024-24-05 |
The demand calculus is way different this halving. Because of the ETFs. Anything the miners dump will be gobbled up straight away. The proof of concept just occurred over the past 4.5 months. Grayscale dumping 300k plus coins. All gobbled up. Price action? Up and to the right to the tune of 2x plus. And the institutions are only just getting started. Let alone global game theory. Things are very different this time around. | r/bitcoin | The demand calculus is way different this halving. Because of the ETFs. Anything the miners dump will be gobbled up straight away. The proof of concept just occurred over the past 4.5 months. Grayscale dumping 300k plus coins. All gobbled up. Price action? Up and to the right to the tune of 2x plus. And the institutions are only just getting started. Let alone global game theory. Things are very different this time around. | r/Bitcoin | 2024-24-05 |
There is literally an endless amount of reasons why people need money. | r/bitcoin | There is literally an endless amount of reasons why people need money. | r/Bitcoin | 2024-24-05 |
Traders, miners, etc. | r/bitcoin | Traders, miners, etc. | r/Bitcoin | 2024-24-05 |
And bots | r/bitcoin | And bots | r/Bitcoin | 2024-24-05 |
B and C. Personality I believe it will get to 100k in the next 1-3 years. | r/bitcoin | B and C. Personality I believe it will get to 100k in the next 1-3 years. | r/Bitcoin | 2024-24-05 |
look about resistance and support levels | r/bitcoin | look about resistance and support levels | r/Bitcoin | 2024-24-05 |
I think 70 k is a major resistance people see it and sell it dumps then people that held just buy more | r/bitcoin | I think 70 k is a major resistance people see it and sell it dumps then people that held just buy more | r/Bitcoin | 2024-24-05 |
A : Fetal Alcohol Syndrome. | r/bitcoin | A : Fetal Alcohol Syndrome. | r/Bitcoin | 2024-24-05 |
Why sell now? We've seen S2F, we've seen the power law. Every ETF broker says it's going to be atleast a million. We know the history. We know the patterns. Selling now is foolish. | r/bitcoin | Why sell now? We've seen S2F, we've seen the power law. Every ETF broker says it's going to be atleast a million. We know the history. We know the patterns. Selling now is foolish. | r/Bitcoin | 2024-24-05 |
You’re overthinking. Just stick to the market cycles. Anything else is noise | r/bitcoin | You’re overthinking. Just stick to the market cycles. Anything else is noise | r/Bitcoin | 2024-24-05 |
AI leads to net economic gain, disproportionately captured by tech focused people. (more likely to be pro-Bitcoin) | r/bitcoin | AI leads to net economic gain, disproportionately captured by tech focused people. (more likely to be pro-Bitcoin) | r/Bitcoin | 2024-24-05 |
Don't forget times are hard and people use BTC as savings account. So I think people are also cashing out to pay for "life" besides the already mentioned reasons.... Not every sale is weak hands | r/bitcoin | Don't forget times are hard and people use BTC as savings account. So I think people are also cashing out to pay for "life" besides the already mentioned reasons.... Not every sale is weak hands | r/Bitcoin | 2024-24-05 |
E) Retail doesn't matter but institutions doing swing trading. | r/bitcoin | E) Retail doesn't matter but institutions doing swing trading. | r/Bitcoin | 2024-24-05 |
I'm selling some to finance a home renovation. I need a lot of cash. | r/bitcoin | I'm selling some to finance a home renovation. I need a lot of cash. | r/Bitcoin | 2024-24-05 |
They get profits - they sell. There is nothing wrong with that, no matter what the reason is. I mean, I'm still holding, but other people's money is not my concern. | r/bitcoin | They get profits - they sell. There is nothing wrong with that, no matter what the reason is. I mean, I'm still holding, but other people's money is not my concern. | r/Bitcoin | 2024-24-05 |
I'd sell half to pay off the mortgage and keep half in btc. Only thing is I need 4 btc to do that and I have 0.08 lolllll | r/bitcoin | I'd sell half to pay off the mortgage and keep half in btc. Only thing is I need 4 btc to do that and I have 0.08 lolllll | r/Bitcoin | 2024-24-05 |
Algos | r/bitcoin | Algos | r/Bitcoin | 2024-24-05 |
Wise words. Not many in the BTC community will agree with you. They are all stacking to infinity and beyond. They have no idea how you make money and why. At least the traders are making money and living a good life. For some of us, there are actually much better, less volitile investment options these days than Bitcoin. | r/bitcoin | Wise words. Not many in the BTC community will agree with you. They are all stacking to infinity and beyond. They have no idea how you make money and why. At least the traders are making money and living a good life. For some of us, there are actually much better, less volitile investment options these days than Bitcoin. | r/Bitcoin | 2024-24-05 |
You don’t invest in the market to pay bills. You invest to make even more money. It accumulates. While you are all stacking to eternity, the rest of us professional investors are making a killing. Typically 5 times every 5-7 years, and on some deals even 10 times. Bitcoin is a nice to have but it’s not going to make us rich. That would have been the. case had we ridden that wave, now long past. | r/bitcoin | You don’t invest in the market to pay bills. You invest to make even more money. It accumulates. While you are all stacking to eternity, the rest of us professional investors are making a killing. Typically 5 times every 5-7 years, and on some deals even 10 times. Bitcoin is a nice to have but it’s not going to make us rich. That would have been the. case had we ridden that wave, now long past. | r/Bitcoin | 2024-24-05 |
We can disagree all we want however his comment re the stock market and 90% is a fact in respect of retail and can’t be denied. Let’s not confuse the two. | r/bitcoin | We can disagree all we want however his comment re the stock market and 90% is a fact in respect of retail and can’t be denied. Let’s not confuse the two. | r/Bitcoin | 2024-24-05 |
wait, people are selling BTC? | r/bitcoin | wait, people are selling BTC? | r/Bitcoin | 2024-24-05 |
In 5 minutes!! Sell all rn!!! | r/bitcoin | In 5 minutes!! Sell all rn!!! | r/Bitcoin | 2024-24-05 |
D - buy drugs | r/bitcoin | D - buy drugs | r/Bitcoin | 2024-24-05 |
Traders. Technicals. It's a probability game. Just a small amount is hodlers, I assume. | r/bitcoin | Traders. Technicals. It's a probability game. Just a small amount is hodlers, I assume. | r/Bitcoin | 2024-24-05 |
Operation costs.
Since last year, nearly every BTC mining operation I’ve met with liquidates their BTC at the end of every day. They are not just mining BTC to stay operational and are no longer building a treasury of BTC due to volatility. It’s worrisome when the people who built businesses designed to accumulate BTC are opting for USD instead | r/bitcoin | Operation costs.
Since last year, nearly every BTC mining operation I’ve met with liquidates their BTC at the end of every day. They are not just mining BTC to stay operational and are no longer building a treasury of BTC due to volatility. It’s worrisome when the people who built businesses designed to accumulate BTC are opting for USD instead | r/Bitcoin | 2024-24-05 |
They were in it for short gains. They see the USD numbers on their BTC accounts and think, "Profit," and want to sell to buy something for themselves.
If not, it's definitely C. Unfortunately, I had to sell some a few weeks ago because I had a family emergency. | r/bitcoin | They were in it for short gains. They see the USD numbers on their BTC accounts and think, "Profit," and want to sell to buy something for themselves.
If not, it's definitely C. Unfortunately, I had to sell some a few weeks ago because I had a family emergency. | r/Bitcoin | 2024-24-05 |
From watching and trading crypto since the start any time a new high is hit there will be investors & traders who plan to sell once they hit there number. Due to most people getting in to it to make money. And money they made. They can take that cash and buy a house settle debts pay back there investors. Because one thing I’m most certain about is that Bitcoin will be 40k again. Just like it was 20k again before and it was 5k again after reaching 20k. Not everyone is in it for the same reason and a lot of investors know how to take out of one investment and place it in another. Because. I matter what any one thinks Bitcoin could still zero out and another crypto could become the more stable and truly useful currency. Take your own emotions out of it when reading in to it all. Some traders are literally computers set to take profits and sit out till it hits a low again. And buy back in. Nothing in the historical context of this concept says different. I could be wrong but I’d bet on it. It would be irresponsible for some one that put 100k in a few months not to sell some of it. Because at this point they would just be gambling with greed waiting for it to hit the 100k btc price that we will prob see in 2 to 3 years. I would hope by the end of this year it would be that. But I’m just a believer in the idea. That doesn’t make me lost to the idea that it’s also a business and that part is what every crypto trader esp. The retail investors must always understand because those big sales always tank the market. The thing I’ve seen most is “hey you’d should buy some crypto.” Then that person watches it go from 20k to 35k now they wanna buy. And I say nah you should have got it when I first told you. Now you can buy. But don’t expect your 1000 buy to grow. It’s more likely to shrink for the next few months to years. I’ve had them pissed at me. Till that ticker went back up 5 years later. Now they calling and thanking me. Keep the praise and just pay attention to the lesson you learned from getting in late. You investing while others are hustling and making a flip…. To you I ask…. Who are you in this game? | r/bitcoin | From watching and trading crypto since the start any time a new high is hit there will be investors & traders who plan to sell once they hit there number. Due to most people getting in to it to make money. And money they made. They can take that cash and buy a house settle debts pay back there investors. Because one thing I’m most certain about is that Bitcoin will be 40k again. Just like it was 20k again before and it was 5k again after reaching 20k. Not everyone is in it for the same reason and a lot of investors know how to take out of one investment and place it in another. Because. I matter what any one thinks Bitcoin could still zero out and another crypto could become the more stable and truly useful currency. Take your own emotions out of it when reading in to it all. Some traders are literally computers set to take profits and sit out till it hits a low again. And buy back in. Nothing in the historical context of this concept says different. I could be wrong but I’d bet on it. It would be irresponsible for some one that put 100k in a few months not to sell some of it. Because at this point they would just be gambling with greed waiting for it to hit the 100k btc price that we will prob see in 2 to 3 years. I would hope by the end of this year it would be that. But I’m just a believer in the idea. That doesn’t make me lost to the idea that it’s also a business and that part is what every crypto trader esp. The retail investors must always understand because those big sales always tank the market. The thing I’ve seen most is “hey you’d should buy some crypto.” Then that person watches it go from 20k to 35k now they wanna buy. And I say nah you should have got it when I first told you. Now you can buy. But don’t expect your 1000 buy to grow. It’s more likely to shrink for the next few months to years. I’ve had them pissed at me. Till that ticker went back up 5 years later. Now they calling and thanking me. Keep the praise and just pay attention to the lesson you learned from getting in late. You investing while others are hustling and making a flip…. To you I ask…. Who are you in this game? | r/Bitcoin | 2024-24-05 |
With a user name like that I’m sure you have insights to the mining industry :)
Care to elaborate on why the effects aren’t currently felt, why that’ll change, and what you think happens then? | r/bitcoin | With a user name like that I’m sure you have insights to the mining industry :)
Care to elaborate on why the effects aren’t currently felt, why that’ll change, and what you think happens then? | r/Bitcoin | 2024-24-05 |
People like me who open a 10x leverage position on btc rising in price, just to see the price go in reverse the moment I open it, until my position is liquidated. | r/bitcoin | People like me who open a 10x leverage position on btc rising in price, just to see the price go in reverse the moment I open it, until my position is liquidated. | r/Bitcoin | 2024-24-05 |
D) I sell BTC to buy stuff, or diversify my investments. BTC tends to go up a lot so it is quite natural to reduce the risk.i wouldn't call it "taking the profits" though, as it is not about the fiat value, but about your portfolio allocation.
Money is meant for living, so the other thing I use my BTC is to buy nice stuff. I pay either directly with BTC or sell some for fiat and spend the fiat. | r/bitcoin | D) I sell BTC to buy stuff, or diversify my investments. BTC tends to go up a lot so it is quite natural to reduce the risk.i wouldn't call it "taking the profits" though, as it is not about the fiat value, but about your portfolio allocation.
Money is meant for living, so the other thing I use my BTC is to buy nice stuff. I pay either directly with BTC or sell some for fiat and spend the fiat. | r/Bitcoin | 2024-24-05 |
Trust me bro | r/bitcoin | Trust me bro | r/Bitcoin | 2024-24-05 |
If my plan pans out. I'm stacking for my daughter. So she doesn't have to work as hard as I do. And live her life under the thumb.
in the mean time I have plenty of lifestyle chips so I will keep stacking . But will cash out some if needed but so far so good. | r/bitcoin | If my plan pans out. I'm stacking for my daughter. So she doesn't have to work as hard as I do. And live her life under the thumb.
in the mean time I have plenty of lifestyle chips so I will keep stacking . But will cash out some if needed but so far so good. | r/Bitcoin | 2024-24-05 |
Hopes and dreams with a sprinkle of news. Just watch some bad news come out and boom a revaluation | r/bitcoin | Hopes and dreams with a sprinkle of news. Just watch some bad news come out and boom a revaluation | r/Bitcoin | 2024-24-05 |
All of them of course. It depends on the price they bought it at | r/bitcoin | All of them of course. It depends on the price they bought it at | r/Bitcoin | 2024-24-05 |
Sure, how else would you be able to buy? | r/bitcoin | Sure, how else would you be able to buy? | r/Bitcoin | 2024-24-05 |
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