Connect with us

#Bitcoin Price Analysis

The falling bitcoin market, who is buying when you are selling?

Published

on

If you think selling off your Bitcoins in a falling market is the one sole smart thing to do then maybe you are wrong. Dont sell your bitcoin low.

Who is buying bitcoin when you are selling it?

You tend to make rash decisions when things look like they are about to go to hell and you wish to make the quickest escape by maximizing damage control. Every time we wish and hope that even with the falling conditions around us, everything can still be managed if you just quickly pull out of the whole scheme and save your day. This way people of course avoid a whole heavy loss and come out of the chaos with maybe a little profit, but with at least something.

But more often than this, what happens is that people also do tend to incur heavy losses. There have been many reports about people stating that if they had just waited out the whole falling financial market, and waited for the value to rise again, they would have easily made up for their losses and actually come out of the whole scenario better and well off.

 

Even for those who are not that far sighted or patient enough to handle all the tension of staying in a falling market just in the hopes that it would rise back soon, they should wait and at least give it a thought that if this is actually a falling market, and the most wise decision right now is to sell off all your stash, who would buy their digital currencies if everyone was of the same narrow thought. I am not saying that there is anything wrong in making the decision of selling off your everything because well, to each his own, but even so, if one actually wants to make a very wise decision, they should actually understand that there are people who are going to have to buy your digital currencies, because you cannot just dump your digital currencies in a pit. They actually go to someone else’s wallet when they leave your wallet.

 

Are you a Trader or an Investor?

Look from this point of view, for suppose you are a trader or an investor who has long term plans on his mind, and for something like this, they would require to put in the least capital for maximum gains. For them to do so, they would definitely love to buy digital currencies, especially Bitcoins, when their price it at its lowest. And in the Bitcoin market, it is a proven fact that the price of Bitcoins is at its lowest when they are being sold off in huge bundles. Such a rapid selling of these digital tokens cause them to lose a huge margin of their value and they end up finally settling at a very low price.

 

You are selling your bitcoins at a low price

Because of this phenomenon, while the people who are actually selling off their Bitcoins owing to its rapidly falling price thinking that it is the best decision to take, they do not realise that if they actually stash these Bitcoins and actually increase their hoard by buying more of them, they would be buying them on a relatively very lower price and when the Bitcoin price finally rises and you have a great opportunity to sell your Bitcoins, you have more of them to sell, at a very much higher price, thus doubling or even tripling their profits. Such humongous and herculean gains just because they waited out the storm, hoarded more supplies and silently waited to make their move.

 

Change your thinking

Eventually, if you think selling off your Bitcoins in a falling market is the one sole smart thing to do then maybe you are wrong and you need to reevaluate your entire thinking. If you wish to simply think and want short term and just make the most of the moment, sell them, but if you are looking from the point of view of someone who has a long term plan, realise how much they are gaining from actually buying these Bitcoin from you at a much cheaper rate and then making huge profits in the future when the Bitcoin value starts to rise again. Does this not prove that patience is actually the sweetest virtue and also the one which helps you make the most of every situation in your life in the eventual long haul if not immediately.

So someone else who has the visions of a long term investment is actually making a huge load of profits by waiting out the falling market. When the prices go back up again, owing to the volatile nature of the Bitcoin market, they can finally go in for the kill and make such huge profits of which anyone would be jealous of.

Continue Reading
5 Comments

5 Comments

  1. Pingback: The falling bitcoin market, who is buying when you are selling? – Btc News Magazine

  2. Raymond j braydi

    July 1, 2018 at 7:14 am

    Bitcoin is the true invention of crypto currencies it wasn’t hacked and it’s the base for crypto exchanges just we need to stick together as bitcoins investors with courage honesty and complete transparency for a open dialogue with the trump administration offering to pay 25 % taxes on profit and assuring the capability of tracing every transaction as well as true documentation of ownership.

  3. sameer gadi

    July 5, 2018 at 3:11 am

    ok but will bitcoin recover? I’ve made some amout with BTCPeek but not sure what to do next…

  4. Pingback: Travel the world with Bitcoin. – Cryptocurrencies World News

  5. Pingback: How Telegram plays a vital role for ICO’s? – ICO News Watch

Leave a Reply

Your email address will not be published. Required fields are marked *

#Bitcoin Price Analysis

Bitcoin Price Analysis BTC/USD Bulls Market Continues, 20 July.

Published

on

Bitcoin price as of late broke past key opposition levels, however, is currently solidifying around the $7,400 level, could be viewed as a bullish banner.

Bitcoin Price Key Highlights

  • Bitcoin price as of late broke past key opposition levels, however, is currently solidifying around the $7,400 level.
  • This could be viewed as a bullish banner example, which takes after a solid rally and could be viewed as a continuation flag.
  • A break past the $7,600 level could be sufficient to affirm that the bullish run is continuing.

Bitcoin price seems, by all accounts, to be uniting inside a bullish banner example, which could be demonstrative of another run higher.

Specialized Indicators Signals

The 100 SMA is over the more drawn out term 200 SMA to show that the easy way out is to the upside. As such, the rally will probably continue than to turn around. The pole of the banner traverses $6,700 to $7,400 so the subsequent surge could be of a similar stature.

Note that bitcoin price has surged past a transient rising channel best to goad a more extreme climb. The hole between the moving midpoints is additionally extending to flag strengthening the bullish force. Additionally, the 100 SMA is near the broken channel best to fill in as a layer of help in case of a retest. The 200 SMA is at the mid-channel region of intrigue, which may likewise keep misfortunes under control.

RSI is treading sideways on centre ground to reflect progressing solidification, scarcely giving any insights on which course bitcoin price may break out. Stochastic, nonetheless, is indicating down demonstrate that dealers have the high ground and could push for a plunge.

 

Market Factors

The state of mind in the digital money showcase has for the most part been sure as dealers have been hurrying in to join the ongoing energizes because of a paranoid fear of being forgotten. Numerous say that the push higher was impelled on reports of expanding institutional premium, as from reserves like BlackRock and banks like HSBC.

This has permitted to advertise members to see administrative improvements in a positive light, and it additionally helped that another BitLicense allowed to a crypto-based organization (BitPay) kept good faith in play.

Continue Reading

#Bitcoin Price Analysis

Bitcoin Price Analysis BTC/USD Market Stable above $7300, 19 July.

Published

on

Bitcoin price could be expected for a remedy from its most recent rally, and purchasers are holding up to participate at the region of intrigue.

Bitcoin Price Key Features

  • Bitcoin price as of late surged past a zone of intrigue and might be expected for a retest.
  • Utilizing the Fibonacci retracement instrument demonstrates where bulls may hold up to participate.
  • Specialized pointers are indicating at potential benefit taking and a continuation of the uptrend.

Bitcoin price could be expected for a remedy from its most recent rally, and purchasers are holding up to participate at the region of intrigue.

Specialized Markers Signs

The 100 SMA as of late made a bullish hybrid from the 200 SMA to demonstrate that the easiest course of action is to the upside. This proposes the uptrend will probably continue than to switch.

These moving midpoints are additionally near the new rising pattern line framing on the 4-hour graph. The Fibonacci retracement levels may likewise keep misfortunes under control and draw more bullish vitality. Specifically, the 61.8% retracement level is nearest to the rising pattern line support and zone of enthusiasm at $6,800.

For the present, RSI is showing overbought conditions or that purchasers are depleted from the ongoing ascension. This could open the case revenue driven taking and a plunge to the Lie levels. Stochastic has additionally come to the overbought locale and looks prepared to head down, carrying bitcoin price alongside it.

BTCUSD Price Chart 19 July

The notion in the cryptocurrency industry has been for the most part positive after the ongoing specialized breaks, which supposedly was impelled by rising institutional premium. A few, be that as it may, have rejected this as a short crush following the other week’s “dead-feline bob.” Others say the rally is being managed by FOMO among showcase members.

Notwithstanding, it likewise looks like financial specialists are regarding industry direction as an or more as opposed to considering this to be motivation to bounce out of their possessions. More reports on this subject or on acquisitions and speculations could keep bitcoin price above water and on track for a strong bounce back.

Continue Reading

#Bitcoin Price Analysis

Bitcoin Price Analysis BTC/USD Reversal Confirmation

Published

on

Bitcoin price has finished its converse head and shoulders inversion design and is presently anticipating affirmation, neck area at $6,800.

Bitcoin Price Key Features

  • Bitcoin price has finished its converse head and shoulders inversion design and is presently anticipating affirmation.
  • Bitcoin Price is trying the neck area at $6,800 and an upside break could goad a $1,000 climb.
  • Specialized markers are demonstrating blended flags yet longer-term bullish energy could begin developing.

Bitcoin price is trying the neck area of its inversion arrangement and affirmation could prompt a move to $7,800 and past.

Specialized Pointers Signs

The 100 SMA is crossing over the more extended term 200 SMA to demonstrate that the easiest course of action is to the upside. This implies there’s a more grounded shot for the inversion to be supported from here. Bitcoin price has likewise moved past the moving midpoints’ dynamic enunciation focuses to flag more grounded bullish force.

Notwithstanding, RSI is as of now demonstrating overbought conditions to demonstrate that purchasers are feeling depleted. Stochastic has additionally climbed as far as possible up to the overbought area to flag benefit taking and a conceivable plunge. The moving midpoints could at present hold as close term bolster however a break underneath the correct shoulder could flag an arrival in offering weight.

A break past the neck area could prompt an uptrend of in any event an indistinguishable range from the diagram arrangement. This traverses $5,800 to $6,800 so the rally could last by at any rate $1,000 to take bitcoin price up to $7,800 or higher.

BTCUSD Price Chart 17 July

BTCUSD Price Chart 17 July

Bitcoin price got a solid lift from affirmation that BlackRock is investigating putting resources into the digital currency industry. Chief Larry Fink noted in a meeting with Reuters that the organization has framed a group to investigate the segment yet cleared up that they’re not seeing solid financial specialist request yet.

All things considered, this seems enough to resuscitate financial specialist positive thinking as institutional intrigue speaks to a ton of trust in the business. This comes after more preservationist yet surely understood financial analysts condemned digital forms of money at their obscurity and cost instability.

Continue Reading
Advertisement BitcoinAdvertising.com

Live Crypto Prices

  • BTC
  • USD
  • AUD
  • CAD
  • EUR
  • BTC
    Bitcoin(BTC) 7359.81
  • ETH
    Ethereum(ETH) 463.169
  • BCH
    Bitcoin Cash(BCH) 783.267
  • EOS
    EOS(EOS) 8.01785
  • LTC
    Litecoin(LTC) 84.4634
  • ADA
    Cardano(ADA) 0.164847
  • TRX
    TRON(TRX) 0.0356434
  • DASH
    Dash(DASH) 244.767
  • XEM
    NEM(XEM) 0.170738

Trending