Topic: Did you sell off during the 21k price breach. (Read 825 times)
The current price is around $23200, and shows an upward trend, of course many regret selling at a low price, I also regret that a month ago I sold about 30% of bitcoin at a price of $16800, this is because at that time I really needed money and there was no other solution apart from selling bitcoins, and now the price potentially touches $25k, and tomorrow or the day after tomorrow I will buy again after getting my monthly salary.
Some time ago I sold Bitcoin when the price was around $ 22300k, this was because I thought that the price would drop again below $ 20K, but after more than a week the price looks stable at $ 22K so I'm sure that prices have the opportunity to continue to rise. It is true that this year is recovery.
Bitcoin hasn't dropped yet, but that doesn't mean it is going to be a year of recovery for Bitcoin. We haven't finished January yet and with 11 months to go until the end of the year, you shouldn't jump to the conclusion that 2023 is a year of recovery. It doesn't really matter whether you sell bitcoin at 22k or 20k, as long as you've made a profit there's nothing wrong. If your prediction is wrong, reconsider and come up with a new plan, it's never too late to invest in bitcoin.
I did a little mate , yeah i sold half of my coin yesterday and yes also i am looking for opportunity to re enter buying when the bear comes back and I'm sure this is going to happen any time soon.
I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.
Everyone has their own view of seeing the market momentum at the moment so the decision to sell coins like you did is also not the wrong decision to make because it certainly has very special reasons when you sell half of it. Likewise with other people who still maintain it and do not sell at all in conditions like now. This means that both are not wrong to do as long as it can still make someone feel comfortable and not become a problem in their life.I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.
this is how I look at the market and also this is how i believe would come in the next coming days.
hate to blame myself if ever the market change course.
Some time ago I sold Bitcoin when the price was around $ 22300k, this was because I thought that the price would drop again below $ 20K, but after more than a week the price looks stable at $ 22K so I'm sure that prices have the opportunity to continue to rise. It is true that this year is recovery.
And if someone sold, then it's already a lost to them. I see someone says to rebuy when the price goes down, but you have to wait for it, and for all we know we might not see the price below $20k again.
Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.
Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.
As long as they make a profit, they don't lose, no one knows how much bitcoin will go up, so there's nothing wrong with them selling at $21k and already making a profit. And we are still in the bearish season, so the possibility of bitcoin falling back is not impossible. Neither you nor I nor anyone knows if bitcoin will rise or fall in the coming days, so your statement that bitcoin won't drop to $20k again is a false statement. As for me, I am still cautious even though the price has increased.
If they rebuy at a higher price that means they lose satoshis. I actually lost some since I sold at $21K. It never drop to 19k as I expect so I didn't buy back at all but goes for an altcoin that I plan to have a stash.
It doesn't look like it's going to be dumped soon so we might hit $25K first before falling back again. I could be wrong about this speculation but sure many are expecting the BTC price to fall again.
The fact that you regret seeing the price go up is the same as people feeling regret for ignoring bitcoin in the past when the bitcoin price was just a few dollars. You just need to know that as long as you are profitable and you should be satisfied with what you have, don't be too greedy. If bitcoin didn't continue to rise but fell afterward, would you regret it? Bitcoin is unpredictable, so do what you think is right, it's called success. There's nothing wrong with selling, and there's nothing wrong with those who haven't, everyone's investment mindset is different, and once you've made a profit, it's not a mistake.
Regardless of whether they believe it or not, everyone will also know about the fact that during January 2023 the price of bitcoin and most other altcoins has increased. Of course they don't have to trust anyone online because actually we are not saying anything definite, but analysis can certainly help them to believe both fundamentally and technically.
I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
The increase that happened lately can be their indication that a bull run is coming but there a lot of people who are actually against it. They say that what happened can only be a bull trap.I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
Like it or not, there will always be people who easily believes on what others are saying especially if they are less knowledgeable and then those who give statements present themselves as an expert on that field but I guess they already know the consequences of doing this and sometimes those give their own predictions do also give a disclaimer that not all they say must be taken seriously. Whether a bull run is confirmed or not, it's always a good idea to keep on stacking bitcoins to secure one's future.
on these levels on which it did really make out some impressions that this might be the new playing ground when it comes to volatility but there are indeed moments which we cant really be able to stay
down but rather tending to go up but i couldn't blame out people on why they do have these kind of doubts and thinking up twice in regarding into their decisions.
This is why its better to have this way.
Imagine holding from $68K down to $16K only to then sell at $21K? Who would do such a thing?
In short, no I did not sell off during the $21K price breach. I will probably sell off a great deal at the $200K price breach, and might even sell some when we break into new ATHs. When you zoom out on the chart though, it still looks like we're down around multiyear lows. I don't understand why this would be a selling point, but maybe you think the recession will be bad and assets will tank like in 2008. Personally, I think the wave of inflation that was set off with all the easy covid free money printing will take a decade to work through the system and we're about to see an investment boom like hasn't been seen in 30+ years. Sure, short term might be difficult, but anyone with a long term view should be grabbing all the investments of every kind they can get their hands on over the next 2 years.
In short, no I did not sell off during the $21K price breach. I will probably sell off a great deal at the $200K price breach, and might even sell some when we break into new ATHs. When you zoom out on the chart though, it still looks like we're down around multiyear lows. I don't understand why this would be a selling point, but maybe you think the recession will be bad and assets will tank like in 2008. Personally, I think the wave of inflation that was set off with all the easy covid free money printing will take a decade to work through the system and we're about to see an investment boom like hasn't been seen in 30+ years. Sure, short term might be difficult, but anyone with a long term view should be grabbing all the investments of every kind they can get their hands on over the next 2 years.
Regardless of whether they believe it or not, everyone will also know about the fact that during January 2023 the price of bitcoin and most other altcoins has increased. Of course they don't have to trust anyone online because actually we are not saying anything definite, but analysis can certainly help them to believe both fundamentally and technically.
I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
The increase that happened lately can be their indication that a bull run is coming but there a lot of people who are actually against it. They say that what happened can only be a bull trap.I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
Like it or not, there will always be people who easily believes on what others are saying especially if they are less knowledgeable and then those who give statements present themselves as an expert on that field but I guess they already know the consequences of doing this and sometimes those give their own predictions do also give a disclaimer that not all they say must be taken seriously. Whether a bull run is confirmed or not, it's always a good idea to keep on stacking bitcoins to secure one's future.
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Believe it or not, nowadays many users or crypto experts are speculating for the Bull market against Bitcoin, they don't hope anymore for the bear market, maybe the bear market speculation is over.Going into 2023, it's not a solution to wait for the Bitcoin price to drop $16k, now if you understand some speculation experts it's time to invest and keep your Bitcoin as much as you can, good opportunities will be waiting for you in the future.
What I say, does not mean something that is true to be a guideline, but you can analyze and correct back about Bitcoin speculation now and in the future. but my gut tells me so.
It means that we are going to end up with a bit of an increase, even if it goes back down to original bottom, it has to first go up a before it could drop again. Which is why so many people consider the current situation as doing as fine as possible and everyone thinks it will go up. I agree with them, we are going to see some massive jumps in price because it needs some room for growth and to move again so it will stop being stuck at around these prices.
Regardless of whether they believe it or not, everyone will also know about the fact that during January 2023 the price of bitcoin and most other altcoins has increased. Of course they don't have to trust anyone online because actually we are not saying anything definite, but analysis can certainly help them to believe both fundamentally and technically.
I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
why some of us still believe the narratives of influencers on social media. can not you determine the direction of the future through your personal analyst. It's not surprising that some of them relatively follow the predicted signals from some influencers so that it can cause panic when they say we will face a down wave.I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
I investing and trading through my own analysis and determining when to exit and when to enter. Especially in the current bull market conditions of course this is still the beginning of what we have seen, there is still a bigger wave of price increases. I hope no one sells at $22k or $23k.
Believe it or not, nowadays many users or crypto experts are speculating for the Bull market against Bitcoin, they don't hope anymore for the bear market, maybe the bear market speculation is over.
Going into 2023, it's not a solution to wait for the Bitcoin price to drop $16k, now if you understand some speculation experts it's time to invest and keep your Bitcoin as much as you can, good opportunities will be waiting for you in the future.
What I say, does not mean something that is true to be a guideline, but you can analyze and correct back about Bitcoin speculation now and in the future. but my gut tells me so.
Regardless of whether they believe it or not, everyone will also know about the fact that during January 2023 the price of bitcoin and most other altcoins has increased. Of course they don't have to trust anyone online because actually we are not saying anything definite, but analysis can certainly help them to believe both fundamentally and technically.Going into 2023, it's not a solution to wait for the Bitcoin price to drop $16k, now if you understand some speculation experts it's time to invest and keep your Bitcoin as much as you can, good opportunities will be waiting for you in the future.
What I say, does not mean something that is true to be a guideline, but you can analyze and correct back about Bitcoin speculation now and in the future. but my gut tells me so.
I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.
Now Bitcoin is in the $23K range and still on the rise. It looks like before the start of next month Bitcoin will continue to be close to $24K and possibly even more if the buying demand continues to increase and there is no FUD of any kind for the next few days. So don't be too quick to sell even though you've seen a profit for a few percent now even if it's your own decision to run a slightly different strategy in order to increase more profits.everyone should just keep holding and lets see what this year brings
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Believe it or not, nowadays many users or crypto experts are speculating for the Bull market against Bitcoin, they don't hope anymore for the bear market, maybe the bear market speculation is over.Going into 2023, it's not a solution to wait for the Bitcoin price to drop $16k, now if you understand some speculation experts it's time to invest and keep your Bitcoin as much as you can, good opportunities will be waiting for you in the future.
What I say, does not mean something that is true to be a guideline, but you can analyze and correct back about Bitcoin speculation now and in the future. but my gut tells me so.
I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.
In the end I've focused on buying and cost averaging.
In the end I've focused on buying and cost averaging.
Time flies so fast that we won't notice that it will be second of the year and then bitcoin halving next year.
That was pretty much my POV too, especially as I got older with having 101 other obligations, then the rest of the non-in-focus things just passes you by in a blink.
When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.
Now Bitcoin is in the $23K range and still on the rise. It looks like before the start of next month Bitcoin will continue to be close to $24K and possibly even more if the buying demand continues to increase and there is no FUD of any kind for the next few days. So don't be too quick to sell even though you've seen a profit for a few percent now even if it's your own decision to run a slightly different strategy in order to increase more profits. I don't know if it is good or bad that I did not sold any of my coins till now , maybe because I am ready for holding till next halving ? or i trust bitcoin and my altcoins more than anything in this market?
I have this same scenario. I didn't sell any of my coins as panic and hack events interspersed, my coins lost approximately 5-7 the cost at purchase. I had the opportunity to sell and make a profit at the end of 2021 but didn't, and I really believe I did the right thing and continued the long term strategy. Currently, I continue to accumulate and DCA continues to these coins.Believe in the long-term and continuous development of the projects that I have. That's all I'm doing and thinking
I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.
In the end I've focused on buying and cost averaging.
In the end I've focused on buying and cost averaging.
Good for you mate, that's should be the mindset, even though the price seems to be increasing like everyday this month, still very far from what the prices should be in the long term. So just buying will be the best option for us today and not selling.
DCA or whatever strategy you think will fit for you and your budget, and I think that is the plan that we should have, buy and HODL.
Time flies so fast that we won't notice that it will be second of the year and then bitcoin halving next year.
I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.
In the end I've focused on buying and cost averaging.
In the end I've focused on buying and cost averaging.
When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.
To me I did not sell and even if the price is at 50,000 dollars today I will not also sell. I can only sell when there is a new all-time high.
keep it up!! I'm sure above $50,000 in the next few months eg I don't want to sell either but we would like to see price to surpass the previous ATH so it will be an all-time point again we will definitely look at that and definitely stick with it from now on.Quote
It seems that bitcoin continues to move up making me a little happy to see the market grow again but I still want to keep buying at the current price.
we are all happy but don't expect too much mate for us not to feel the failure and the losses . Jump to: