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Topic: Did you sell off during the 21k price breach. - page 2. (Read 903 times)

hero member
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Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k
The expectation is too far for $ 100K mate, because between price increases there will certainly be such a thing as a correction in the market for Bitcoin so that the time needed to reach such a high number will obviously be very long. So it's better to hope at a more reasonable price in the near future, although it wouldn't be so bad if you were to expect the price to be that high in the long term.
sr. member
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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 acted as i fail myself back in 2017 and in 2021 so with this I am sure that I will never fail investing and holding again?

Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k
like yours? yeah lets see if it will hit that 6 digits for the first  time and this year?
hero member
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Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k
You're saperspective it's really nice, but it's unbelievable that cryptocurrency is not expected to reach hundred thousand now, i will say that can happen when more investors comes into Bitcoin and secondly when theirs a positive information concerning cryptocurrency it's when Bitcoin will have changes.
hero member
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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.?
I think if there's no negative news (again) that can affect crypto as a whole and can scare the weak investors from holding then it's possible that we can move forward without worrying for the price to return back at $16k value again. But of course it's too early to say since we're still in the first quarter of the year.

Anyway to answer the title, I did take profit after the price reached the above $20k value. Because it's been a while since the last pump hence the minor recovery of Bitcoin is also an opportunity to enjoy some profit and as a long term hodler I deserved it.
hero member
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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.

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.
legendary
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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.

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.
jr. member
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Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k
legendary
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No. Not at all.

I mean a small bounce will not make me sell any of my Bitcoin holdings at all, but I admit that I need to sell some of my altcoin holdings. I sold it yesterday just because I want to re-invest it into dividend paying stocks.

My prediction this year with regards to Bitcoin's price is that, it will move sideways at the range of $17,000-$25,000, but we are just in the 4th week of 2023 and yet we are seeing Bitcoin's price going up already.

Is this price increase sustainable? I don't think so. I mean I don't see any reason aside from the fact that the S&P500 and DJI is starting to increase. US Stock Market and crypto market's price movement are somewhat the same or correlated.
hero member
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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.?
The price uptrend is very consistent, as of this writing, it's already trading at over 22k.

This is a good recovery, however, I don't expect that bull run will come anytime soon, it's too early if we based it on the price history of bitcoin and the entire crypto market. So what we should do now is to take advantage of the decent increase, take that profit and then maybe wait until the price will drop again. Or if you want a better profit, then might as well hold a little bit, and wait for the real bull run, I'm pretty sure that a new ATH will come.
full member
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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.
That is correct and that is also my views mate , it is my funds so it is only me that can decide as what to have, it may be my losing chance or winning ? who cares right?
I bought in lower price so selling when I'm in profit is also my choice , now I can buy more if the dumping starts to happen again.
hero member
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Yes, there is nothing wrong if you sell for 21k, but today price went up to 22.8k and even reached 23k if you sold bitcoin yesterday, you made a profit, but now you will regret it. There is no guarantee bitcoin will turn back down, I have not seen any signs of the bulls weakening, as you say. If someone sold bitcoin yesterday, it would be a real pity.

Like I said before my coins remain with till Bitcoin gets to 120k the only ones I can consider selling off are those that I got from other means like from trading some airdrop coin/token to Bitcoin or from signature campaign. But as for those that I purchased with my savings they are going to remain with me till I'm satisfied with the price of Bitcoin and that satisfaction will start from $120k and above. Although some have made it big from this ~$23,000 because most of them bought their coins when the price was $15,000 so even if they sell of their coin at the current price they're still going to realize some tangible profit from it.
legendary
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The only reason to ever sell is if you absolutely need the money for another purpose.

Never base the decision to sell on the price.

It all boils down to individual decisions and purpose of investment. According to what the topic creator said people, people who invested for a short term purpose  must have sold off at 21k. For people whose investment are targeted at long-term does not have any business selling at 21,000 dollars and also people that bought at the price of 40,000 above does also not have any business to sell at 21,000 dollars.

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.

The act of holding is determined by the purpose of investment, investment fund and duration of investment. I don't commit much into bitcoin but I buy weekly with a little fund I am able to lose. I have been buying when the price was higher than 23k and still bought when it is lower than 23k.

Then, I must continue to buy even if the price goes really up, unless it goes to the point I want to exit the market. But this cannot be said of someone who used his monthly house rent to buy bitcoin
hero member
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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.
They have taken a bit of profit after that waiting for bitcoin price to go down i don't think in the near future bitcoin is not going down we are looking more at the positive trend for bitcoin which could maybe go up to $25,000 at the end of this month obviously this is a loss they are selling now they can't last long for something bigger in the future.

I think they have definitely concluded that's why sell at the current price, maybe for the short term but for me this is a loss from my average purchase so it is necessary to maintain the bitcoins that are owned, with this little bullrun many have sold because some are afraid down again there is also taking profits in this way, on the other hand I am sticking with it for the long term I don't want to sell now but will regret it later.
legendary
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I totally agree with you on this, but with what I have seen is like everyone just says that are going to hodl tiil the next bull run. But i feel this must not be the same with everyone, as i sold some of mine today owing to the fact that, i was in dire need of cash and i sold a little to settle this issues.
You know, I'm not going to generalize that everyone should be equal in decision making. Hold or sell now are possible decisions for you to consider, and like I said, [you can do it if you need].

The  price today was really something to smile about as btc is slowly climbing upwards and now up 23k today but many still see this current uptrend as a trap and feel that bitcoin is going to fall back to 16k as the propose year for the speculated rise has not reach @2024 halving
I know that everyone who buy on the previous dip between $15K - $20K will turn profit as the bitcoin price breached $23K yesterday - but only if you sell it of course.

I don't sell them, so I don't enjoy the profit because as long as I'm holding bitcoin, only the value fluctuates whereas the same number of coin stays the same [unless I start accumulation them]. Now, enjoy your profit if indeed you have sold it. But for whatever, you don't need to trust what people say online, especially about another possible low at $16K. Stay wise and don't use other people's analysis as benchmark for your investment because they basically don't make it financial advice.
hero member
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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.
hero member
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I don't expect that, I'm just waiting for the bitcoin halving next year, because I'm targeting it in the long term, maybe for short-term investors it will be profitable if it goes down again.
but for long-term investors, this may still be considered normal, there must even be someone who adds to their bitcoin assets.

Of course, for investors who aim in the short term, most of them have started selling their assets, some have sold half, maybe all, and for people who are really in a state of need for very important needs, they will do it, some of the big investors or small they prefer to increase their assets rather than sell them even though the current situation is a small bull, most of them are waiting for the right ATH in speculating their assets for maximum profit.

The situation of small bulls in the market has resulted in many changes in the market, from an investor point of view, it has started to improve. We and other investors have welcomed this situation by adopting a policy of holding and adding assets little by little and getting involved in investing. We hope that we will not reduce assets. in the near future except for circumstances that are not possible and cause us to reduce a little for very urgent needs.

hero member
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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.?
Maybe the others, but I don't. May the price will drop again but I was not hopeless yet for the price of Bitcoin will stay above $18k. We have had a huge drop in the past few weeks, I think that was the bottom already. I was optimistic to see the market become stable in this year and less affected by the FUDs.

I assume that everyone had learn last year and from the previous bear season, it wasn't easy to keep holding and waiting for the next bull season but I think we have to do it.
hero member
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Yes, there is nothing wrong if you sell for 21k, but today price went up to 22.8k and even reached 23k if you sold bitcoin yesterday, you made a profit, but now you will regret it. There is no guarantee bitcoin will turn back down, I have not seen any signs of the bulls weakening, as you say. If someone sold bitcoin yesterday, it would be a real pity.
There is no need to spare those who sell Bitcoin at $21K because it is done on their own whim and decision. Because basically the seller also knows that Bitcoin will slowly increase again this month, but he only wants a certain amount of profit and maybe not that big. After all it wouldn't make Bitcoin any worse though it would have wasted a better opportunity for itself by selling faster.

You are right, but the DCA method is not fully optimal because if you imagine selling at $ 18k yesterday then for sure you are not getting the maximum profit and the price of $ 21 is quite stable at this time and it is not certain whether the price will be higher, at the current conditions you make sure not will buy it because you already take profit at a lower price.
In fact, it was only a loss because they sold it too quickly, but in terms of capital and profits, it was clear. Now even Bitcoin is at a price of $ 22K + and very close to $ 23K even though it arrived yesterday but for now it is back below $ 23K. So it would be better if everyone wants to hold Bitcoin without selling it at the current price because it is also for better profit.
hero member
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Not many people expected the sudden rise in the price of bitcoin in the early part of 2023
that's while the market of cryptocurrency is not dependable, the increment of Bitcoin price is determine by the market demands and the market supplies. So many people will be surprised because of the long stays of bearish market since last year.

as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.
actually their is every tendency that the price of Bitcoin is going to fall, and in some extent i believe that Bitcoin price will just increase and Falls before it will recover and continue to move further of acceleration in price. It's right time to people who purchase when the price was at the point of twelve thousand, and precisely short investors, and long term investors should not panic to sell.
sr. member
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Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

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.?
We have ended the disastrous year 2022. By early 2023 we are finding new hope in the market. Many thought the market would not grow until early 2023. After all the speculation, the market has now stabilized between $20k and $22k. But tomorrow the market bounces back from $23,365 to $22,700. Based on the current situation of Bitcoin, we can say that the market is definitely in a good position.

We are going to hear there is good news this January. The Bitcoin financial meeting will be held from January 31st to February 1st. Here, if the Federal Reserve raises monetary interest rates for Bitcoin, it will definitely bring good news for Bitcoin and may pump up the price.
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