Btc is dying again :D
- Thread starter MgicalaEarner
- Start date
vigyavan
Banned - Selling via PM
- Mar 8, 2020
- 506
- 1,027
This chart tells you that the amount of Bitcoin on Exchanges decreased heavily during the entire run.
And still is decreasing.
Those investors won't sell on this 15% drop, neither should you.
It's an investment.
AKQJ10
Regular Member
- Apr 25, 2017
- 336
- 241
This is just a signal. BTC exchange inflows can happen anytime.
- Jul 11, 2019
- 374
- 451
Most big coins follow BTC pretty closely. If BTC drops, so do they.
goflippa
Regular Member
- Apr 7, 2015
- 1,147
- 443
Very true. What is your prediction about BTC drops?
Hey Dude!
Cool information on buying shares, How many shares of Shopify did you get?
I think you should make a thread on how you started investing in Stocks and how much success it has brought you! i am sure a lot of people (including my self will love to learn !.
Cheers!
D
Deleted member 219055
Guest
Yeah, BTC is in COMA right now. Satoshi was seen highly tense and worried. World is praying for it's recovery.
May BTC Get Well Soon
May BTC Get Well Soon
- Jul 11, 2019
- 374
- 451
Like any market it will go up and down. People will panic buy and panic sell. BTC has plenty of institutional support and a lot of coins moved to cold storage. I doubt a lot of them will be sold until at least a year is up for tax reasons. I don't see demand slowing down. This dip is just some panic selling imo.
UserU
Registered Member
- Dec 3, 2020
- 97
- 68
goflippa
Regular Member
- Apr 7, 2015
- 1,147
- 443
Now I can understand what you are telling. Are you one of investors?
- Jul 11, 2019
- 374
- 451
I reckon after the 2018 crash, more investors are smarter now to hodl longer.
Yup! And to avoid short term capital gains tax. This rise was never going to be sustainable. It will fall and then people will start rebuying.
D'aconia
Registered Member
- Jan 3, 2021
- 72
- 28
Great line. That's pretty funny to see how anytime bitcoin falls everybody starting to create threads like that.everything is ups and downs not only BTC.....only dead stuff graph goes straight
Don't know the future of the bitcoin. But it's kinda logic all that is happening with it.
- Jul 11, 2019
- 374
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I have a strong BTC position that I'm holding, but the kind of investors I'm talking about are large investment firms with hundreds of millions in bitcoin. They moved them off exchanges to cold storage and they will sit there for at least a year. Since there will be a supply crunch, BTC should stay at a strong price for at least the next year. Especially since these firms will likely continue to buy.
goflippa
Regular Member
- Apr 7, 2015
- 1,147
- 443
So you are recommending to invest more in BTC and hold it. Right??
- Jul 11, 2019
- 374
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I mean, you know your appetite for risk a lot better than I do.
If I knew for sure BTC would go up, I'd have 100% of my investments in it. I personally am invested in BTC and holding it and see it as a solid investment. Most of my money is tied up in other projects, but if BTC drops to 30k I know I'll buy more haha. Same with most of my friends.
goflippa
Regular Member
- Apr 7, 2015
- 1,147
- 443
Roger sir! Finally, you commented indirectly.
Crimemastergogo
Power Member
- Oct 1, 2014
- 770
- 407
It will swing back
- Jul 11, 2019
- 374
- 451
Haha, good luck! I'm no guru, so don't take my word as gospel. Just a guy who has been in crypto for a long time making educated guesses!