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/biz/ - Business & Finance


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26336246 No.26336246 [Reply] [Original]

Why are people selling their bitcoin for so cheap? It just doesn't make any sense.

>> No.26336343

Because I demanded a discount and these cucks gave in

>> No.26336359

>>26336246
they are panicking.

>> No.26336373

>>26336246
Normies and Robin Hood fomo retards are full panic mode

>> No.26336399

>>26336246
https://strawpoll.com/2p3pvx837

>> No.26336425

cuz an old woman is yellen at bitcoin and they wanna donate to greyscale

>> No.26336440

>>26336246
if you can see through it, it do be making hella sense actually

>> No.26336469

>>26336246
It's a mix of panic sellers losing their shit and traders trying to make money on the ups and downs of the market.

>> No.26336486

There is not stopping this train, but some wagons are comfier.
>>26334663

>> No.26336488

Because it's going to zero.

>> No.26336504

>>26336246
Clearing out weak hands by making the casual panic.

>> No.26336553

>>26336246
You new here? This is BAU. Someone post the share life cycle for this faggot.

>> No.26336554

>>26336246
It's a snowball effect, people only want quick profit so they cash out the minute it looks like the price is gonna crash, which causes the price to crash and even more people cash out until we're back to 4 digits

>> No.26336604
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26336604

All the people who are here just for the get rich-quick scheme are selling to stop the bleeding. The knowledgeable people already sold at 39-42k, which was the initial dip. They will buy back in at sub 25k.

This is real money. You don't expect everyone to win, right?

>> No.26336627
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26336627

>> No.26336654

Because you soon will be able to buy 10 BTC with $30k

>> No.26336663

>>26336246
>29k
>cheap

>> No.26336864

>>26336554
Exactly. And it's not going to stop until whales intervene. And they're not going to do that until all the normies are shaken out of the market through the very process you describe.

>> No.26336925

>>26336246
we need to retest $15,000 before next ATH

>> No.26336937
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26336937

Also this meme went mainstream

>> No.26337026

>>26336937
good, I hope retards read the headline and insta-sell kek

>> No.26337052

>>26336246
>400% gains still
>low

>> No.26337089

>>26336246
>29k for some ancient piece of shit
>cheap

>> No.26337155

>>26336373
They were the reason it pumped too ya tard

>> No.26337194

>>26336359
it makes me happy

>> No.26337196
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26337196

>>26336425
srsly.

imagine someone thinks he's more intelligent then greyscale investors who bought at 39k premium 3 days ago

>> No.26337231

>>26336937
LOL - Strongest buy signal ever.

>> No.26337250
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26337250

>>26337155
if you think this was hard get ready for EOY ;)

>> No.26337273

>cheap
lol

>> No.26337321

>>26337196
What if they bought to pump and dump it?

>> No.26337500

>>26336246
1. Because they want to squeeze out people who are over-leveraged to suck in more liquidity for a bigger move up

2. Because they can see degen bulls getting squeezed and want in

3. Because they are a bull with a stop loss getting stop hunted

4. Because they have lasanga hands and have never seen price go down before

>> No.26337526

>>26336246
bc they read clickbait fud which isnt true but they're retarded

>> No.26337534

>>26337321
6 month locking period. 12-15% premium prices. they CAN NOT dump. ;)

>> No.26337586

>>26337250
This is ONE of the REASONS I'm buying bitcoing like crazy right now, Even if you're a poor fag 0.1 btc is the top 1% also btc is about getting off Worthless FIAT.

>> No.26337646

>>26336246
>bought for 35K
>sold for 30K
glad I cut my losses, will buy back when we hit lower

>> No.26337690

>>26337646
ask me how i know you're a midwit

>> No.26337779

>>26337690
what do you mean it’s 29K right now and I’m thinking 26K is a good price to buy back

>> No.26337866

>>26336554
>4 digits
I fucking wish man. I'd buy another 3 BTC pretty much instantly.

>> No.26337923

>>26336246
people prefer selling when it's dumping and buying when it's pumping
go figure

>> No.26337940
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26337940

>>26337779
you best be trolling nigger

>> No.26337949
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26337949

>>26337646
>bought high
>sold low

The /biz/ way.

>> No.26337964

>>26337779
>he thinks he can time the market

>> No.26338018

>>26337940
>>26337949
>>26337964
you’re scaring me guys did I not do the right thing?

>> No.26338079

>>26338018
just be confident in your own choices no one knows more or less than you, everything is easy with hindsight etc.
Just stick with what your doing.

>> No.26338133

>>26338018
the right thing is to HOLD and don't check the prices. you are not yet enlighten.

read/listen this:
https://www.audible.com/pd/The-Bitcoin-Standard-Audiobook/B07D7ZRKLJ

>> No.26338173

>>26338018
Is that a real question? Of course you did not do the right thing. You bought high and sold low. If sold at 35k and bought back at 30k then yes you would be doing good. But you did the exact opposite of that.

>> No.26338323

>>26337500
>3. Because they are a bull with a stop loss getting stop hunted
how does this work? wouldn't you need pretty strong market manipulation?

>> No.26338331

>>26338079
>>26338133
will do

>>26338173
to me it’s like jumping out of a running train that’s bound to crash yes I’ll be injured but I escaped the collision and when it happens I can get my stuff back from the train in addition to the stuff of those who stayed and died in the crash. I hope that makes sense.

>> No.26338341

>>26336246
Institutions will jump in to take the remaining btc from weakass hands

>> No.26338399

>>26337646
Literal retard.

>> No.26338474

>>26337964
There's two things certain in the world, death, and fucking up swing trading.

>> No.26338529

>>26338331
No that does not make sense.
You have no fucking clue which direction the train is pointing, and you have a greater chance of flying into a fucking tree than you do of tuck and rolling. You are a faggot swing trader and you WILL get burnt mistiming this.

>> No.26338537
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26338537

>>26336937
There's no way anyone that owns crypto would be retarded enough to believe this and sell because of it

>> No.26338568

>>26338537
Normans
Normans believe anything the (((msm))) shits out

>> No.26338615

>>26338537
m8 look at the threads from earlier today, like half of /biz/ thought it was the end or whatever
80% of people into crypto haven't even read the foundamentals, I bet 50% don't even know what a blockchain is. This market is full of retards.

>> No.26338623

>>26338018
just be careful to buy back in soon. you already made money by selling, (measured in BTC) so dont get greedy and be ready to buy. also remember that when you sell is usually when the market is about ready to turn around

>> No.26338641
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26338641

>>26337196
>financial institutions have never ever made mistakes

>> No.26338703 [DELETED] 
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26338703

>>26336246
either sell it or buy it fags....quit making it go up and down

>> No.26338725

>>26338323
I think it happens automatically with how hedging and algorithmic traders work

>> No.26338809

>>26338331
More like jumping out of a plane experiencing a bit of turbulence when any retard knows there’s a 99.999999% chance the plane will make it to the destination (100k+) just fine

>> No.26338868

>>26336937
>read this to learn how you should feel
Do normies really?

>> No.26338889

>>26336246
Only about 10% of people who hold bitcoin understand it

>> No.26338892

>>26337026
3 weeks ago:
>omg the retards have started buying!!!! This train is never stopping!!!!
Today:
>heh.... so glad retards are selling me bitcoin for SO cheap!!!

the absolute state

>> No.26338911

>>26336937

If this shit was remotely true we'd already be at zero

>> No.26338942

>>26338323
pretty strong relative to what? You'll have to DYOR

>> No.26339136

I SOLD THE TOP AND BOUGHT THE BOTTOM BECAUSE I'M BETTER THAN EVERYONE ELSE AND I'M ALSO PSYCHIC, TRUST ME.
It's all so tiring.

>> No.26339425

>>26339136
This is not the bottom.

>> No.26339975

>>26338809
This

>> No.26340212
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26340212

All the shills coming out from their little caves, trying to get the big man's attention.

>Me! Me! I've got the right answer! My decisions are the best because I am smarter!

Cringy fuckers.

Tokens mentioned include: Link, stacks, inj, hex, ada, api3, doge, zil, hashgraph, dot, cosmos, wax_io, tron, handcash, awc, elrond, kin, vet, luna, xpr, bsc, wise, nano, mir, scrt, atom,rvn, yax, enjin, qrl...

Wtf dudes. Chill the fuck out.

>> No.26341128

>>26340212
No avax. We're so early bros.

>> No.26341324

>>26338892
What, I want them to sell so I can buy in at 20k