CZ from Binance feels bad for anyone who sold at $77k. It’s wild how some folks are checking the month chart while others are focused on yearly trends. BTC's ups and downs are fascinating.
Bitcoin's Price Surge: Reactions and Regrets
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Totally a bear trap at $77k, right? Institutional money keeps pouring in. Makes no sense for Bitcoin to drop unless someone wants to sideline investors. Bitcoin’s been crushing it put money in last year and you’d be rolling in it now.
Honestly, it’s great to see BTC rising. Long-term holders are gonna cash in big time, while the ones who sold early will be regretting it. Understanding market trends is key, but some just can’t see past the short term.
kevin_farmNewbie
Posts: 65 · Reputation: 14
#4Feb 9, 2017, 02:16 AM
As we feel sorry for the $77k sellers now, wait till we see those who sell at $120k-$150k soon. Bitcoin's history shows that it keeps climbing over time. We might be the ones regretting future sales.
Why should we be sorry for those who sold? It’s their choice. The Binance guy doesn’t need to apologize. If they sold knowingly, that’s on them. Regret is all over the place, especially for those who sold last year.
Just a heads up, I think you meant 'hiked' instead of 'hacked'. Lots of drama here about past sales. Honestly, we shouldn’t focus on bashing others’ investment choices. Each of us has different risk levels.
bridge_2014Senior Member
Posts: 140 · Reputation: 870
#7Feb 9, 2017, 06:38 PM
Yeah, those who sold at $77k are probably feeling it now. But we shouldn’t blame them. It’s a reminder that patience pays off with BTC. CZ wants them to feel guilty, but I get it I sold some early too and still holding.
Let people sell at whatever price they want. You never know their reasons, maybe they were waiting for that price forever. I’m cool with holding, but everyone has their own strategy.
bit_sat05hiNewbie
Posts: 22 · Reputation: 1
#9Feb 11, 2017, 12:15 PM
Exactly. Everyone has different goals. Someone might’ve sold at $110k after holding since $10k that’s a massive win for them! I’m not selling anytime soon; this year feels bullish for me.
kevin_atlasFull Member
Posts: 178 · Reputation: 589
#10Feb 13, 2017, 12:35 AM
Some folks had to sell at the lowest points, like leveraged traders needing cash. This happens, and it skews prices. Volume is key in trading, and BTC’s got a lot of ups and downs.
Binance doesn’t owe anyone an apology for the $77k sale. If that was a profit for them, why regret? Novice traders might still be FOMOing, but experienced investors know BTC is for the long haul.
I feel more worried for those who worry about guys settling lawsuits and getting away with it. Just buy, hold, and sell when you need no need for apologies.
Selling at $77k? It’s for profit, not loss. The market’s been shaky. But I think BTC will keep climbing, so no reason to regret selling.
HyperBlockMember
Posts: 186 · Reputation: 80
#14Feb 13, 2017, 07:03 PM
People who sold at $77k didn’t see the price would go up again. Fear and lack of knowledge get a lot of people. They missed a chance to buy more instead of selling.
nonce_cipherFull Member
Posts: 45 · Reputation: 260
#15Feb 13, 2017, 09:08 PM
Short-term traders might’ve sold when BTC hit ATH or $110k, hoping to buy back cheaper later. Different strategies for different folks.
SilentAtlasNewbie
Posts: 29 · Reputation: 6
#16Feb 13, 2017, 11:28 PM
Selling at $77k doesn’t mean they didn’t believe in BTC’s future. Investors sell when they need profits. It’s natural.
No point in regretting sales if there was profit involved. You can’t predict everything. What if BTC dropped to $40k instead? People would be praising those who sold at $77k.
Good point! Everyone decides when to sell or hold. It’s what makes BTC exciting.
wallet_oracleMember
Posts: 225 · Reputation: 170
#19Feb 14, 2017, 07:25 AM
CZ's not just the owner; he's the founder of Binance. And yeah, weak hands always panic at these prices. Patience is key.
kevin_atlasFull Member
Posts: 178 · Reputation: 589
#20Feb 14, 2017, 10:27 AM
I think those who sold will get a chance to rebuy, but maybe not at $77k again. There might be a dip, but it won’t be as low. Just gotta keep an eye on the market.