Do you withdraw bitcoin this week? - page 2.

AHOYBRAUSE

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Quote from: DiMarxist on April 13, 2023, 02:43:53 PM

Bitcoin investments is long-term investment, If you want to enjoy bitcoin, you have to endure and hold it for a long period of time and not for a short-term. If you are a bitcoin investor and you not holding the bitcoins for long term and you are holding it just for short period then you are not yet fully ready for the investment. And the best time
of buying bitcoin is the time when the bear is still down so that when the price rises up to your satisfaction then you market it out and make your profit from it. If to you want to invest now is still good to invest, Bitcoin will still rise more than$31k-$35, if you bought bitcoin at $20k wow if you want to sell now you will make a huge profit.You can buy and hold, buy in lesser and hold it for long-term, it is better to hold until bull runs season.

Exactly.
For me, I always find the wrong timing anyways, so I should just keep it and wait. When there is a crash then so be it but at the current market it looks promising that the hodl mentality should pay out in the long run.

Of course you never know what's happening, maybe the next covid is around the corner already. Exactly 3 years ago when the covid crash came the price went to around 4k and everybody thought that's it. And look where we are standing now (even tough we were much higher since then as well).

Anyway, only time will tell and nobody is really withdrawing now when the the price went from 23k to 30k, that's not really too big of a jump.

ancafe

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Quote from: Ultegra134 on April 13, 2023, 01:40:46 PM

There isn't a right or wrong move when it comes to investments. Long-term holding isn't for everyone; not everyone can rely on waiting long periods of time to generate profit. Some prefer to take action and actively trade despite the market situation. A few posts above, another user mentioned that he had bought at $18,000 and considered selling at $30,000, which was reached in the last few days. Honestly, that'd be a great profit in a quite short time period; thus, depending on the occasion, I wouldn't mind selling.

I'm all in for holding bitcoin; it provides me with peace of mind that trading cannot, but sometimes I'm getting tired and bored of waiting, to be honest.

If the uses the $18,000 to make the purchase then he's also making a profit for now. But the problem is whether he buys in large or small quantities because if he tries to make small purchases, the profit he gets is still low and in accordance with the capital spent. Deciding to actively trade is also great, as long as you are able to analyze the market carefully, but it can be quite risky for someone who doesn't understand the market and the easiest way is the long term.

That's why I prefer to make purchases using the DCA pattern and hold bitcoins in the long term, because different people have different opportunities and capital also affects the course of investment. Basically it's not a problem to sell bitcoins in the current conditions, but it must be carefully considered so that you can profit with the capital calculation.

Mr.right85

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Quote from: Greggry on March 31, 2023, 10:12:40 AM

I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

There might be regrets to have withdrawn some of your bitcoins today in contrast to when the current or next ATH comes but, that doesn't mean, you wouldn't regret haven't withdrawn in even the next ATH in years to come when the value sky rockets.

Remind yourself, bitcoin isn't all about holding as an asset. It is in itself firstly a currency and so, having to spend a couple of them coins every now and then isn't a bad idea. Your still I'm fact using the currency more ideally so long as you don't get to liquidate all your holdings, you withdraw only when you must and do buy occasionally to top up your holdings when you've got funds for it.

DiMarxist

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Bitcoin investments is long-term investment, If you want to enjoy bitcoin, you have to endure and hold it for a long period of time and not for a short-term. If you are a bitcoin investor and you not holding the bitcoins for long term and you are holding it just for short period then you are not yet fully ready for the investment. And the best time
of buying bitcoin is the time when the bear is still down so that when the price rises up to your satisfaction then you market it out and make your profit from it. If to you want to invest now is still good to invest, Bitcoin will still rise more than$31k-$35, if you bought bitcoin at $20k wow if you want to sell now you will make a huge profit.You can buy and hold, buy in lesser and hold it for long-term, it is better to hold until bull runs season.

Ultegra134

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Quote from: ancafe on April 13, 2023, 09:47:32 AM

Quote from: Agbe on April 13, 2023, 09:23:38 AM

Well the price of bitcoin is like a waving sea that is going up and down. And that make it unpredictable. At the time when bitcoin was going up people were happy and when it comes down people begin to be afraid so with that fear they sold off their coins. And anyone that is ready to invest for a long time should not be afraid of the small hike of price. But have more confident on the hike to buy more and hodle.

Long term is always a much more correct move for ditcoin investment and although in short term one can also take advantage of opportunities to make small profits. The long term is too little risk for us to think about because there is an upside rate we can wait for the recovery process. Basically both investment patterns can be utilized in different conditions and panic need not be thought further when one understands the concept of investing in bitcoin.

The short term requires the right strategy and accumulation to make predictions, so that accumulation can be done carefully when making purchases, so that panic will not lead someone to try to decide losses in the wrong period.

There isn't a right or wrong move when it comes to investments. Long-term holding isn't for everyone; not everyone can rely on waiting long periods of time to generate profit. Some prefer to take action and actively trade despite the market situation. A few posts above, another user mentioned that he had bought at $18,000 and considered selling at $30,000, which was reached in the last few days. Honestly, that'd be a great profit in a quite short time period; thus, depending on the occasion, I wouldn't mind selling.

I'm all in for holding bitcoin; it provides me with peace of mind that trading cannot, but sometimes I'm getting tired and bored of waiting, to be honest.

isaac_clarke22

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Quote from: Wapfika on April 13, 2023, 12:21:00 PM

~

Well I sold mine for just a little amounts and withdrew it to my local currency for obvious reasons. I don't really do this a lot, but there will be times that I might need money for personal reasons and I don't think that holding the pride of being true hodler is worth over encountering worse situations in my own personal life.

I would buy back anyway on what I sold whenever the price just went a little below on the price I sold into.

Wapfika

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Quote from: Cookdata on April 13, 2023, 11:54:18 AM

This is subjective, any person can buy Bitcoin and sell for any reason and you can't question their judgment as to why they sell for March Bitcoin Pump. Traders enter the market with different objectives, among them we have day traders, we have the monthly traders and we have the weekly ones too. So, when you see people buying and selling, you should be cool with their decisions because profits are why we are here in the first place, the reason why Bitcoin was created, because no matter what, not everyone will hold Bitcoin for the long term.

That’s how trading works, when people sell, others buy that way we can buy at low or higher price. It will depend on us at what price we wanted it to buy and sell,we just need to wait. I didn’t withdraw in my bitcoin and only plans to save it and tries to accumulate more hoping someday new ATH will be reach. And knowing BTC will still be available in the upcoming years there’s no need to rush in selling or buying a lot. Though I lessen my budget in buying BTC this year and allotted some in physical investment to diversify.

Faisal2202

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Quote from: Greggry on March 31, 2023, 10:12:40 AM

If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

I don't think it will pump that easily, It has certain support and resistance zones to hit first this week, like if it breaks the resistance of $30.5k (which it just hit) once BTC hit it again, and break another resistance of $31k then maybe it can go easily towards $33k. But that's not for sure because the economic situation of the USA is not that stable due to the election, infinite supply of cash in the national reserve (that's a statement which is an indicator for us, by some person in authority), and due to BRICS gathering to make another currency has also put a great impact on US dollar.

So overall, we can not predict one thing for sure, how much BTC will gain in a few weeks but as you mentioned "Keep the record that it will pump no matter the delay." There is not doubt about it, because, in the long run, we all know BTC has the potential to break its All time high of around $69k which also depends on many factors and all that factors are almost giving the green signal to a bullish trend (overall, we should Do our own research in these kinds of theories.)

Cookdata

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Quote from: Greggry on March 31, 2023, 10:12:40 AM

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

This is subjective, any person can buy Bitcoin and sell for any reason and you can't question their judgment as to why they sell for March Bitcoin Pump. Traders enter the market with different objectives, among them we have day traders, we have the monthly traders and we have the weekly ones too. So, when you see people buying and selling, you should be cool with their decisions because profits are why we are here in the first place, the reason why Bitcoin was created, because no matter what, not everyone will hold Bitcoin for the long term.

krishnaverma

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Quote from: Greggry on March 31, 2023, 10:12:40 AM

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

Price of bitcoin has increased but there is still lot of scope for growth. One should be very much patient with the investment if anyone wants to make decent money . The people who invested in bitcoin in early stages also sold in first few years for 2x to 4x. And there are few people who made more than 1000x if they held for 10 years or more. This is the power of believing in the crypto coin you trust on. Based on current econ0mic condition in the world , the demand for bitcoin is expected to grow even more and thus prices will increase a lot in future.

Awaklara

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Quote from: Litzki1990 on April 13, 2023, 08:51:07 AM

When the price of Bitcoin was $18k I bought some Bitcoin with the plan to hold it for a long time which has been stable in my wallet until now. Currently the market value of Bitcoin is above $30K. That is, I bought at the time of $18K now the price has increased and hit up to $30K, and I have made some profit on this price increase. But I don't want to sell my coins right now even though I have profit. Because I want to hold this investment for a long time. And I don't want to sell these investments even for my own needs. When faced with a financial crisis, I take comfort in the fact that I have lost the amount of money I invested. Because I tried many times to invest long time but could not do it due to family problem. But this time I hope I can fulfill the hope of my heart.

I wish you success with the investment plan you want. this is quite difficult for someone who is just trying to hold their Bitcoin for the first time or several times. if you can't stand it for a long time, it's better to try it gradually. with a specific target price or time that you can use as a reference.
once you start to feel more confident, holding out for the long term won't matter to you. because the real temptation is a matter of market conditions. that will force us to make the choice to hold or sell our assets.

ancafe

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Quote from: Agbe on April 13, 2023, 09:23:38 AM

Well the price of bitcoin is like a waving sea that is going up and down. And that make it unpredictable. At the time when bitcoin was going up people were happy and when it comes down people begin to be afraid so with that fear they sold off their coins. And anyone that is ready to invest for a long time should not be afraid of the small hike of price. But have more confident on the hike to buy more and hodle.

Long term is always a much more correct move for ditcoin investment and although in short term one can also take advantage of opportunities to make small profits. The long term is too little risk for us to think about because there is an upside rate we can wait for the recovery process. Basically both investment patterns can be utilized in different conditions and panic need not be thought further when one understands the concept of investing in bitcoin.

The short term requires the right strategy and accumulation to make predictions, so that accumulation can be done carefully when making purchases, so that panic will not lead someone to try to decide losses in the wrong period.

Agbe

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Well the price of bitcoin is like a waving sea that is going up and down. And that make it unpredictable. At the time when bitcoin was going up people were happy and when it comes down people begin to be afraid so with that fear they sold off their coins. And anyone that is ready to invest for a long time should not be afraid of the small hike of price. But have more confident on the hike to buy more and hodle.

Litzki1990

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Quote from: Greggry on March 31, 2023, 10:12:40 AM

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

When the price of Bitcoin was $18k I bought some Bitcoin with the plan to hold it for a long time which has been stable in my wallet until now. Currently the market value of Bitcoin is above $30K. That is, I bought at the time of $18K now the price has increased and hit up to $30K, and I have made some profit on this price increase. But I don't want to sell my coins right now even though I have profit. Because I want to hold this investment for a long time. And I don't want to sell these investments even for my own needs. When faced with a financial crisis, I take comfort in the fact that I have lost the amount of money I invested. Because I tried many times to invest long time but could not do it due to family problem. But this time I hope I can fulfill the hope of my heart.

summonerrk

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Quote from: Greggry on March 31, 2023, 10:12:40 AM

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

Bitcoin makes the best profit on long terms. This is not a financially speculative tool that is effectively used in small time intervals.
For example, a week, a month, and even three months. It is best to determine the levels of support and resistance by technical analysis, and then build your own strategy for selling and buying bitcoin. But it should not be within a week or a month, as I have already written.

I don't like to sell my bitcoins for any reason. I always want to keep them.
The fact is that somewhere deep down I am sure that bitcoin will cost 100k, and exchanging it for fiat will cause a huge profit in the future.

Issa56

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Quote from: Greggry on March 31, 2023, 10:12:40 AM

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

You think because bitcoin went to &$28,600 then the price is already high and investors will sell so that they will enter again when the price is low, but can you see bitcoin price today? Bitcoin price is around $30k. Investors will never sell because bitcoin went to $28k, investors have hope and believe in bitcoin and bitcoin hitting $28k ending of last month will definitely give investors more confidence to hold. I think it's only beginner's that will sell and wait for bitcoin to dump so that they can enter again.

Weawant

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Quote from: CryptSafe on April 07, 2023, 11:35:13 AM

Withdrawal of bitcoin from my wallet is what I do not do often only when it comes to urgent need that requires expedite attention. I make withdrawal irrespective of what the market is because it was part of the reasons why we save or invest. I actually bought my bitcoin when market was down and also I work too to earn bitcoin and as a matter of fact, I have not actually make any withdrawal from my wallet for a long time now. My current bitcoin holding is up and I would keep holding but would only withdraw when it comes to emergency rescue.

I'll recommend having a separate wallet for your investment and spending. If you keep spending and holding in one wallet, you might be tempted to spend the Bitcoin that were meant for investment that's held in that wallet.

Emergency come up and in trying to solve that you might start looking to spend your investment and immediately that happens it get hard to stop. Whenever any minor emergency comes up you'll get tempted again to touch your investment.

It's very hard to break out of this bad habit so to prevent it from happening, I'll advise you don't keep the two together that's your investment and spending Bitcoin. I use to have this problem as well but after separating my Bitcoin it stop.

xSkylarx

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If the person needed it, then why not, but if you just sell it off, then i think it is not a good profit, mostly if you just own small bitcoins; unless you own multiple bitcoins, it is already huge. Also, if you keep holding until now, you will see that the price has reached $30k and it is still strong, so I am hoping for more. There is nothing wrong if you are selling it as you are contented but if you are really looking for bigger profit then hold it more

Flexystar

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I did not withdraw the bitcoins but sent a small chunk of around 23 USD to a casino and made 84 USD there. However, my bitcoin which was received initially was around 14 bucks and most recently took an opportunity to withdraw it to the gambling site and play my favorite games. As per my goal, I was able to turn my 14 bucks all the way up to 84 bucks. Now I have got 70 bucks more in bitcoin as compared to what I had during the pump.

I see this as win-win situation for me. It does not matter if someone is selling or exchanging their bitcoin for another service during the pump. All it matters is, you are using your bitcoin rightfully and keeping the ecosystem functioning.

Just holding bitcoin is not a target here. You can decide what portion to hold and how much to utilise for various things.

Yaunfitda

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Quote from: Greggry on March 31, 2023, 10:12:40 AM

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

And after you post this, the price is really taking off, as the price goes above $30k, and yeah, maybe there are investors who sold or not. But for those who are looking for long term profit, I doubt that they might even thinking of selling their bitcoin at $30k. If there is a price that I can think of selling some of my stash, if will be in the next bull run and probably in the 6 digits.

Although the price could be expensive for the majority of us, we can still buy some with our capital.

Just accumulate as much BTC as we can. It's like just a year before the next block halving. So take advantage of the current price.

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