# Why didnt u sell on top? 📉

**URL:** <https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275>\
**Category:** Out Of Pod Experience\
**Created:** [January 15, 2021, 6:40pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275 "2021-01-15T18:40:32Z")\
**Posts on this page:** 20\
**Page:** 34

<div class="post-metadata">

**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [April 16, 2021, 1:27pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/830 "2021-04-16T13:27:39Z")

</div>

Yeah, I don’t think so

---

<div class="post-metadata">

**Author:** ![Adunh\_Slavy](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/adunh_slavy/32/265310_2.png) [@Adunh\_Slavy](https://forums.eveonline.com/u/Adunh_Slavy)\
**Post date:** [April 16, 2021, 1:58pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/831 "2021-04-16T13:58:25Z")

</div>

Bit of a divergence going on. Looking ready to flatten, possible reversal.

 ![BTC_Divergence](https://global.discourse-cdn.com/eveonline/original/4X/c/c/d/ccdf76a07427d11883e9bdb24fc95433211aa8a0.png)

---

<div class="post-metadata">

**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [April 16, 2021, 2:14pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/832 "2021-04-16T14:14:19Z")

</div>

Ah, we have a tea leaf reader among us

---

<div class="post-metadata">

**Author:** ![Adunh\_Slavy](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/adunh_slavy/32/265310_2.png) [@Adunh\_Slavy](https://forums.eveonline.com/u/Adunh_Slavy)\
**Post date:** [April 16, 2021, 2:18pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/833 "2021-04-16T14:18:54Z")

</div>

LOL, not the term I would use. I’ve on more than one occasion have stated that no one knows the future, only the past. So certainly make no claims on what will happen, just what history shows us could happen more often than not.

An educated guess is better than a shot in the dark.

---

<div class="post-metadata">

**Author:** ![Adunh\_Slavy](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/adunh_slavy/32/265310_2.png) [@Adunh\_Slavy](https://forums.eveonline.com/u/Adunh_Slavy)\
**Post date:** [April 16, 2021, 2:23pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/834 "2021-04-16T14:23:15Z")

</div>

> [@Karak\_Terrel](#):
>
> ☝ Oh look, another buy signal

What was that comment about tea? 😉

---

<div class="post-metadata">

**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [April 16, 2021, 2:26pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/835 "2021-04-16T14:26:05Z")

</div>

More like a joke that Nana is constantly wrong about selling Bitcoin

Selling Bitcoin is gambling

---

<div class="post-metadata">

**Author:** ![Adunh\_Slavy](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/adunh_slavy/32/265310_2.png) [@Adunh\_Slavy](https://forums.eveonline.com/u/Adunh_Slavy)\
**Post date:** [April 16, 2021, 2:27pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/836 "2021-04-16T14:27:17Z")

</div>

Ah, have some tea on me then.

---

<div class="post-metadata">

**Author:** ![lilsteel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lilsteel/32/272085_2.png) [@lilsteel](https://forums.eveonline.com/u/lilsteel)\
**Post date:** [April 16, 2021, 2:29pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/837 "2021-04-16T14:29:26Z")

</div>

> [@Arkhis](#):
>
> yes, propaganda is a problem.

That depends yes.  
Good propaganda can also be an opportunity to solve a problem.

---

<div class="post-metadata">

**Author:** ![Nana\_Skalski](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nana_skalski/32/489985_2.png) [@Nana\_Skalski](https://forums.eveonline.com/u/Nana_Skalski)\
**Post date:** [April 16, 2021, 2:37pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/838 "2021-04-16T14:37:02Z")

</div>

> [@Karak\_Terrel](#):
>
> Selling Bitcoin is gambling

Buying it is gambling too.

Speculation is gambling.

How Am I wrong about selling it?  
It have record value now. Its obvious thing to sell now.

Technically, now is the best moment to sell it.

---

<div class="post-metadata">

**Author:** ![Salt\_Foambreaker](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/salt_foambreaker/32/280119_2.png) [@Salt\_Foambreaker](https://forums.eveonline.com/u/Salt_Foambreaker)\
**Post date:** [April 16, 2021, 2:39pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/839 "2021-04-16T14:39:44Z")

</div>

You should check out VBS, Virtual Bridge Systems.

They make a nav system that creates the bridges you need as you travel.

It’s super high tech.

---

<div class="post-metadata">

**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [April 16, 2021, 2:46pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/840 "2021-04-16T14:46:44Z")

</div>

> [@Nana\_Skalski](#):
>
> How Am I wrong about selling it?  
> It have record value now. Its obvious thing to sell now.

You told everyone to sell when it was at around 40k, not it is around 60k. You have absolutely no idea about how the cycles work but try to give advice about something you yourself are not even invested in or understand.

That is pretty wrong.

> [@Nana\_Skalski](#):
>
> Technically, now is the best moment to sell it.

Care to take a bet on that? I say we will see much better moments to sell in the next two months.

---

<div class="post-metadata">

**Author:** ![Xeux](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/xeux/32/428022_2.png) [@Xeux](https://forums.eveonline.com/u/Xeux)\
**Post date:** [April 16, 2021, 2:57pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/841 "2021-04-16T14:57:25Z")

</div>

Karak is right.

> **[The 4 Psychological Phases of Asset Bubbles](https://financeandcareer.com/the-4-psychological-phases-of-asset-bubbles/)**
>
> \[wp\_ad\_camp\_1\] Every investment/asset will have inherent risk that comes with it; no risk no reward.  The amount of risk will vary with each asset.  But no matter what kind of asset it is, there is always a chance of an...

---

<div class="post-metadata">

**Author:** ![Nana\_Skalski](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nana_skalski/32/489985_2.png) [@Nana\_Skalski](https://forums.eveonline.com/u/Nana_Skalski)\
**Post date:** [April 16, 2021, 3:06pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/842 "2021-04-16T15:06:29Z")

</div>

> [@Karak\_Terrel](#):
>
> I say we will see much better moments to sell in the next two months.

Maybe. You cant be sure.

But untill that, many people will sell it and profit.

---

<div class="post-metadata">

**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [April 16, 2021, 3:09pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/843 "2021-04-16T15:09:09Z")

</div>

Yeah, exactly. I don’t think we are in bubble territory yet, but we will most certainly get there at some point in this cycle.

---

<div class="post-metadata">

**Author:** ![Nana\_Skalski](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nana_skalski/32/489985_2.png) [@Nana\_Skalski](https://forums.eveonline.com/u/Nana_Skalski)\
**Post date:** [April 16, 2021, 3:11pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/844 "2021-04-16T15:11:28Z")

</div>

> [@Karak\_Terrel](#):
>
> I don’t think we are in bubble territory yet

Think harder.

---

<div class="post-metadata">

**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [April 16, 2021, 3:15pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/845 "2021-04-16T15:15:18Z")

</div>

How about I will just keep you updated on how wrong you are?

---

<div class="post-metadata">

**Author:** ![Nana\_Skalski](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nana_skalski/32/489985_2.png) [@Nana\_Skalski](https://forums.eveonline.com/u/Nana_Skalski)\
**Post date:** [April 16, 2021, 3:24pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/846 "2021-04-16T15:24:13Z")

</div>

You mean how right I am, that I insist on selling when the price is so high?

It never goes up forever. Like in gambling. Better cashout now when you are winning than later when you lose your ability to think clear.

---

<div class="post-metadata">

**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [April 16, 2021, 3:34pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/847 "2021-04-16T15:34:00Z")

</div>

I have a better idea. I will just keep holding my Bitcoin and in the meantime you can fill out this quiz:

 ![bitcoin_quiz](https://global.discourse-cdn.com/eveonline/original/4X/e/3/b/e3bb39f7810593940287180db46489bbd1cfddb7.jpeg)

---

<div class="post-metadata">

**Author:** ![Nana\_Skalski](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nana_skalski/32/489985_2.png) [@Nana\_Skalski](https://forums.eveonline.com/u/Nana_Skalski)\
**Post date:** [April 16, 2021, 3:59pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/848 "2021-04-16T15:59:21Z")

</div>

As I dont gamble, I am not even remotely poor.

> [@Karak\_Terrel](#):
>
> I will just keep holding my Bitcoin

Its your gamble. Do what you wish. You can even hold it indifinitely if that is your wish. Who cares if someone thinks it will lose 90% of current value in next two months, or a year, or anytime. Especially not you, right?

Some people never learn untill its too late. Some have to learn on their own mistakes.

---

<div class="post-metadata">

**Author:** ![Merin\_Ryskin](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/merin_ryskin/32/259354_2.png) [@Merin\_Ryskin](https://forums.eveonline.com/u/Merin_Ryskin)\
**Post date:** [April 16, 2021, 4:14pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/849 "2021-04-16T16:14:13Z")

</div>

> [@Arkhis](#):
>
> i’ll just say that you’re free to not take loans in BTC and i recommend that you don’t.

“Don’t use bitcoin for one of the important functions of a currency, but trust me bitcoin still is a currency!!!”

Just keep on admitting that bitcoin is a failure.

> [@Karak\_Terrel](#):
>
> The beauty of Bitcoin is that they can’t just get rid of it.

Sure they can. They can’t prevent you from running the bitcoin code but they can certainly prevent you from ever using it for anything or gaining any value from it. Nobody cares if you can technically run blockchain calculations if you’re not getting anything out of it.

> [@Arkhis](#):
>
> if you mean to drill down this point that all governments on earth will conspire to find and destroy any piece of equipment capable of using electricity in order to destroy bitcoin

Why would they need to do that? They can just ban the use of bitcoin and no legitimate business will accept it.

PS: if you think you can run functioning bitcoin infrastructure on a few laptops or whatever then you don’t understand bitcoin. A post-ban network running on such limited hardware would be incredibly vulnerable to a government-run ASIC farm hijacking the blockchain as soon as you try to start it. Bitcoin only works when you have legitimate ASIC farms raising the cost of a hijack attempt beyond the point where it is plausible to execute one.

[Previous page](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275.md?page=33)

[Next page](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275.md?page=35)
