# 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:** 44

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**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 23, 2021, 9:58am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1085 "2021-04-23T09:58:45Z")

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> [@Karak\_Terrel](#):
>
> We have seen nothing yet.

All I am seeing is some old man talking about raising taxes.

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**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 23, 2021, 1:26pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1086 "2021-04-23T13:26:17Z")

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45K is the next important price level. If it goes below, then 10K isn’t out of the question. If it can bounce off 45, then who knows.

Gaps always fill.

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**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 23, 2021, 2:36pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1087 "2021-04-23T14:36:58Z")

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> [@Adunh\_Slavy](#):
>
> Gaps always fill.

![cme_gaps](https://global.discourse-cdn.com/eveonline/original/4X/d/c/4/dc42c52f9ed7100e3df57fb1503b6bf239f8f043.png)

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**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 23, 2021, 2:41pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1088 "2021-04-23T14:41:21Z")

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LOL. That’s funny …

Use a volume profile study. It shows gaps pretty clearly. Make sure to use an appropriate time frame, which can be a bit subjective.

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**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 23, 2021, 3:56pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1089 "2021-04-23T15:56:20Z")

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> [@Lucas\_Kell](#):
>
> Is that seriously what you’re calling it? how big does a crash need to be for it to stop being a correction exactly? BTC has lost more than 20% since your “buy signal” a week ago.

What’s especially hilarious, aside from calling it a “small” correction when this level of drop in a national currency would be a crisis resulting in a change in government, is that calling it a correction means that this is bitcoin dropping from a bubble price back to its actual value. So the fanboy is explicitly conceding that their claims of future price increases are false because bitcoin’s real value is less than $50,000.

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**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 23, 2021, 5:57pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1090 "2021-04-23T17:57:14Z")

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> [@Adunh\_Slavy](#):
>
> Gaps always fill.

ah ah ah.  
No.

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**Author:** ![Culsotu2](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/culsotu2/32/295614_2.png) [@Culsotu2](https://forums.eveonline.com/u/Culsotu2)\
**Post date:** [April 24, 2021, 5:43am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1091 "2021-04-24T05:43:07Z")

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trading is not rocketscience. buy when something is unpopular and cheap. sell it when its popular and expensive.

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**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 24, 2021, 6:22am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1092 "2021-04-24T06:22:36Z")

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> [@Culsotu2](#):
>
> trading is not rocketscience

Most trading is a lot cheaper than Rocket Science.  
You can look at $1 billion up for research.  
India made it for less.  
The problem is , research doesn’t always work.  
They were better and/or more lucky and found out for less,  
or, as if perhaps the case, someone gave them the research for less,  
such as may be the case of an ally, sharing their work ,  
or, perhaps, and this is more probably,  
India had scientist working in the US and/or Russia, and used the science from there to implement their research.

Also, market is either bull or bear.  
If you buy Bear, you can’t sell it for more.  
You can use it of course, however,  
it’s more cost efficient to produce it for sale at bear market value than to buy it.

You can it when at Bull market, which happens only when someone makes a large sale in volumes of items.  
Then, the market goes to Bull value, which Bull value cannot be lower.  
It’s the most cost-efficient possible, even if you sell it back to bull value.  
In other words, you really can’t lose much,  
unless what you bought is captured by another entity, such as an enemy army.  
In the case of allies, it’s different, because, if they’re ally, they may help you from the resources you bought at bull market value.

On the other hand, if they commit treason against you, it’s a new enemy.

So yes,  
producing items to place on the market costs more than buying bull , however, there is a cost to open a company, which is higher than the bull cost.  
For that reason, it maybe more cost-efficient to pay the business cost instead of opening the business or company back again.

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**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 24, 2021, 9:13am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1093 "2021-04-24T09:13:15Z")

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![](https://global.discourse-cdn.com/eveonline/original/4X/d/0/0/d005c1a47fb2b1f3c41c62b5f6c9a1d3f0918927.jpeg)

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**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 24, 2021, 12:01pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1094 "2021-04-24T12:01:24Z")

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That’s cute. 🙂

I do hope that BTC holders do not lose out, I really do. IMO there are much better and reliable ways to make money in the market with above average returns with far less risk. Investing and trading is all about managing risk. Manage risk and the profits take care of themselves.

BTC is high risk, any way ya slice it. Just be careful.

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**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 24, 2021, 12:28pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1095 "2021-04-24T12:28:30Z")

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> [@Adunh\_Slavy](#):
>
> I do hope that BTC holders do not lose out, I really do.

Its like hoping that most of gamblers will not lose. But for one to win something big, many need to lose something.

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**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 24, 2021, 12:31pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1096 "2021-04-24T12:31:54Z")

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That’s true, hence the concern.

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**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 24, 2021, 8:12pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1097 "2021-04-24T20:12:39Z")

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That’s called Zero Sum game.

> [@Adunh\_Slavy](#):
>
> That’s true, hence the concern.

In **game** theory and economic theory, a **zero** - **sum game** is a mathematical representation of a situation in which each participant’s gain or loss of utility is exactly balanced by the losses or gains of the utility of the other participants.

[### Zero-sum game - Wikipedia  
https://en.wikipedia.org › wiki › Zero-sum\_game](https://en.wikipedia.org/wiki/Zero-sum_game)

–  
In this case, it may apply to certain level, however, due to encryption concerns, and communication gap created from those encryption, a lot of those concerns will be in courts over it, which courts also do use encryption too, which is why my programs have a case.

–  
 ![image](https://global.discourse-cdn.com/eveonline/original/4X/8/4/f/84f0abd18b824fdff3511a34901f29c52e24df15.png)

 ![image](https://global.discourse-cdn.com/eveonline/original/4X/7/4/5/74577849e976f821e9fc0b08286219beaebf6d80.png)

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**Author:** ![Lucas\_Kell](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lucas_kell/32/393556_2.png) [@Lucas\_Kell](https://forums.eveonline.com/u/Lucas_Kell)\
**Post date:** [April 25, 2021, 9:03am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1098 "2021-04-25T09:03:27Z")

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**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 25, 2021, 9:22am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1099 "2021-04-25T09:22:44Z")

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> [@Adunh\_Slavy](#):
>
> IMO there are much better and reliable ways to make money in the market with above average returns with far less risk.

I invest in it because I understand the tech behind it and clearly see where this is going. It’s not the only crypto asset I have, but the one I’m extremely sure of will stick around. As with ever investment there is a risk I can lose money, but no risk no reward.  
So far I’m up 500%. I’m not complaining. I just enjoy the jealous tears disguised as gloating of the idiots who think it’s a ponzi scheme 🤣

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**Author:** ![Lucas\_Kell](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lucas_kell/32/393556_2.png) [@Lucas\_Kell](https://forums.eveonline.com/u/Lucas_Kell)\
**Post date:** [April 25, 2021, 9:40am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1100 "2021-04-25T09:40:07Z")

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<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 25, 2021, 11:27am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1101 "2021-04-25T11:27:01Z")

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> [@Karak\_Terrel](#):
>
> So far I’m up 500%

Good 🙂

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<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 25, 2021, 11:28am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1102 "2021-04-25T11:28:53Z")

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> [@Lucas\_Kell](#):
>
> It is a ponzi scheme, that’s pretty much an undeniable fact. The only reason your investment goes up is that earlier buyers can convince new buyers to buy into a smaller chunk at an increased price compared to what they paid, then repeat that cycle.

I think “Greater Fool” is the right expression as opposed to Ponzi.

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<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 25, 2021, 11:57am UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1103 "2021-04-25T11:57:23Z")

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> [@Adunh\_Slavy](#):
>
> I think “Greater Fool” i the right expression as opposed to Ponzi.

That may be accurate for stuff like Dogecoin where there are not only zero fundamentals, but the whole thing is basically a joke with endless inflation. This may be fun for some degenerate gambling, but that is essentially where it ends.

Bitcoin on the other hand has the most decentralized network that already provides a reliable store of value as utility. It has the age now that it becomes interesting to classic investors, institutions and companies since it has proven to stick around. Also it is extremely uncorrelated to other assets, which makes it an ideal candidate for diversification. And it’s a very nice hedge against unchecked money printing and just inflating the dollar value away. This alone is already a very bullish case, and that is just the utility it provides right now.

It is expected to have a lot more utility in the future. Since we have now a completely electronic, programmable and decentralized asset, you can use this to back all sorts of other applications. It doesn’t even matter if it’s volatile for most applications. There are companies that are already starting to use the Bitcoin L2 to move value around the world with instant settlement at almost zero cost. And no one is walled from this technology, you can just pick it up and have instant access to the most efficient and fast banking backend on the planet.

I hope I made my case that I don’t just ape into this. I was running a full node and reading about how it all works months before I started to buy my first bitcoin, and I slowly dollar cost averaged in over the bear market. I invest in this long term. I don’t even care if it crashes in the short term, I’m convinced it performs well in the long term.

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**Author:** ![LordOdysseus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lordodysseus/32/422627_2.png) [@LordOdysseus](https://forums.eveonline.com/u/LordOdysseus)\
**Post date:** [April 25, 2021, 4:01pm UTC](https://forums.eveonline.com/t/why-didnt-u-sell-on-top/290275/1105 "2021-04-25T16:01:21Z")

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Wow, that image must’ve been so offensive that I lost 20 friends in 10 minutes after posting it on Facebook.

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