Do you withdraw bitcoin this week? - page 3.

Fivestar4everMVP

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Quote from: Greggry on March 31, 2023, 11:12:40 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.

I like the last statement which says, "also if you withdraw, it's your money, enjoy".

No doubt, at this point, it doesn't matter who sold his or her bitcoin, and it also doesn't matter the amount of bitcoin that is sold, bitcoin will pump really hard come 2024, the signs are already here and we can see it, some of us can feel it too..

It doesn't matter when you bought, or at what price you bought, I personally feel this is not a good time to sell, bitcoin will continue to rise, with minor drawbacks from time to time, now is the best time to buy or hold tight unto what you already have, but then, if circumstances of life push you to sell, it is not a crime, just do what makes you, and everyone around you happy.

imamusma

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Quote from: CryptSafe on April 07, 2023, 12:35:13 PM

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.

The title is just clickbait, but if you read everything he wrote I don't think he asked if you withdrew your bitcoin.
The OP seems to caution that there is bigger pump ahead that you should consider before you sell bitcoin. You can sell during small bull and enjoy profits, but an increase during this time he thinks will trigger the next big bull. Yes, it is possible but it has to be according to individual plan.

I'm not considering selling anything right now, I'm just trying to convince myself that bitcoin will be more profitable in the coming years and that made me go for a hold. The risk of volatility should be ignired if we are planning long-term hold, of course and hopefully we can enjoy the benefits for years to come. The 2 year time frame looks good on this plan but if in one year $100k is reached I will most likely change the plan.

The Cryptovator

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Are you talking about selling Bitcoin? Yes, I sold at the recent top of $28.5K and am waiting for a dip to accumulate again. That's how I manage my portfolio, although it's risky to miss the bull trend. I have to make a profit somehow from my holdings and not hold onto them forever. You could say it's a form of trading, but not short-term trading. However, everyone's thoughts and approaches to making money are different, so the way I do it may not be the same as others.

Mr.suevie

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Quote from: HajiBagi on March 31, 2023, 02:43:38 PM

Quote from: Greggry on March 31, 2023, 11:12:40 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 $26,800. 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.

Are you arguing that people who sold their bitcoin for a tiny profit were impatient? We all buy in bitcoin to earn a profit, and because we all know that bitcoin can dump or pump at any time, selling a bitcoin when we notice a modest profit is not a big concern in my opinion. As a result, I don't see anything wrong with you selling bitcoin for a tiny profit mate.

I totally agree with you, so many people see selling of your bitcoin as a very serious offence here but they have all forgotten that you are actually the owner of the coins and you can do what ever pleases you. I could also remember that in the bitcoin market they are two fields of investor which are the short term investors and the long term investors, short term holders are people who sell their coins at any slight profits they get in price change and then wait patiently again to buy when the price dips again.

nimogsm

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Quote from: CryptSafe on April 07, 2023, 12:35:13 PM

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.

It is important to have a main source of income and then we will not have to spend our savings in bitcoin. The mistake of many beginners or those who have just started investing at the first small increase is to immediately sell their entire asset and withdraw funds.I,like you, can only withdraw funds in a very special or emergency situation and even after that I always try to recover what I spent.

CryptSafe

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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.

wahyuagung26

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At the beginning of March the price of Bitcoin on the market was still in the range of $ 23k, and a few days later entering mid-March we started to get a slight increase in the price, although it did not increase significantly and sometimes every upward movement we were followed by a correction, but what is good is at least us recovered around a few percent to $5k jack, and topped off at around $28k in late March, although this was only a minor bull which some would say is a good sign for another month of gains and potentially a bull run.

And for those who invest in early March, of course they will already benefit even though this is only a short-term investment. This is a Little Bull that occurred in the market during the past March and possibly caused a potential price increase, maybe here we including I expect Bitcoin to provide an uptrend chart movement this April and continue in the future, despite a slight correction and I think this is natural.

Crossholder

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Just Hodl,

I once heard that the market is super efficient when it comes to taking money from anxious and giving it to the patient ones.

If you cant hold an upgain of 70% without selling (which is not bad, we know), you don't deserve a 10x.

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Quote from: rby on April 02, 2023, 10:14:16 AM

Also some people who are on a long term investment who understands when the market will rise and fall will also sell their bitcoin at some point and rebuy when low in order to be on continuous profit.

As a long-term investor, I don't think it's necessary to sell when the price goes up and wait for the price to come down to buy, if they do, they are investors looking for short-term profits. That is quite risky for long term investors because bitcoin is unpredictable, if when you sell and then bitcoin doesn't drop as you expected, you will miss your chance.

I am also a long term investor, and I am dca from 2022 till now, if sell now, I will be profitable, but there is no guarantee for me bitcoin will fall back so I can buy a better price. Holding is still my choice.

Rupok

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We can see the green line of Bitcoin and in few days we will see some good changes in Bitcoin.This is definitely a good thing for Bitcoin. So it would be foolish to withdraw Bitcoin this week.You should definitely hold Bitcoin at this time to make good profit. Although the price of Bitcoin is unpredictable, everyone expects Bitcoin to pump up very soon and the price will remain until the price reaches the benchmark. So it is better not to sell the Bitcoin investment.If you have financial problem then find other way without bitcoin withdrawal.

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Quote from: Greggry on March 31, 2023, 11:12:40 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.

Due to financial problems I have to withdraw my bitcoins every week as I receive signature campaign payments every week. I try to hold them and when I don't need the money I hold. I lost my money gambling last week. So it becomes very difficult for me to hold bitcoins every time. But I am very happy to stay with Bitcoin. I am very scared about my future of not being able to accumulate bitcoins in this dip market. It's just my failure

Yatsan

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Somehow, we are having quite of a good month and that is I guess an enough reason for people to have high hopes for this new month. Many people would continue holding especially those who are in the profit phase already. As the market price continues to go up, the more people would continue holding or even adding up to their capital because it would mean bigger profit for them. Problem that may arise are people forgetting how the market price behaves, which is in an unpredictable manner. The market prices could fall in an instant and without a warning simply because there are no reason supporting its resistance to be as high as it is at the present. Once whales chooses to take profit already, which has a tendency becaude the anticipated bullrun is for next year, many people who invested halfway of the incline, could be in huge loss. So atleast manage the risk of the amount you are engaging to this blockchain.

Mauser

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Quote from: Greggry on March 31, 2023, 11:12:40 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.

There is no reason at all for me to withdraw bitcoins at moment. It's nice to see the bitcoin price to finally recover, but I don't think the recovery is going to stop here. Prices will keep rising over the next few months and the people who sold now will feel bad. Don't forget that inflation is still in the 8-10% range and we need to have a plan ready what to do with our profits if we sell now. Buying unnecessary things at the moment is a bad idea, I would only sell my coins if it's an emergency. In case you have a promising investment opportunity coming up than it would make sense to withdraw some coins, otherwise I would just keep them.

rby

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Quote from: Crypt0Gore on April 02, 2023, 07:52:07 AM

23000$ to 28000$ is not much of a difference for a long term investor who plan to DCA every now and then, it doesn't matter what the price of Bitcoin is at the moment because you can't tell how long Bitcoin will stay at a price and when it will surge in value, this is why it's better to use DCA, buy in every month end or whatever is convenient for you, a salary earner will find it easier ti DCA every month end vs someone that makes his money every day or week.

Only short term investors will see from $23k to $28k as a big movement. Some people are on a long investment and may likely not withdraw until it is 2024 when the major bull run n is expected to happen.
Also some people who are on a long term investment who understands when the market will rise and fall will also sell their bitcoin at some point and rebuy when low in order to be on continuous profit.

As you are giving example of people who loves DCA, you said monthly salary earners will find it easy than weekly earners and daily earners but you forgot that signature earners do so on a weekly basis.

Crypt0Gore

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23000$ to 28000$ is not much of a difference for a long term investor who plan to DCA every now and then, it doesn't matter what the price of Bitcoin is at the moment because you can't tell how long Bitcoin will stay at a price and when it will surge in value, this is why it's better to use DCA, buy in every month end or whatever is convenient for you, a salary earner will find it easier ti DCA every month end vs someone that makes his money every day or week.

GeorgeJohn

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Quote from: Greggry on March 31, 2023, 11:12:40 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.

In bitcoin the predictions don't normally always be accurate, so I believe that many people who invest in bitcoin have their personal strategies to make profit in bitcoin, considering the plans of making profits in bitcoin investment, either you go into long term investment or you go into short term investment, per say, its only people that purchased with huge amount of money during the time the price is at twenty three thousand (23k) will make a little profit for the Investment because the fraction is not much, while people who invested with a low amount will not make huge profit now the price is at twenty eight thousand (28k) base on your figures for the analysis

Jody.Drummer

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It's not really wrong if you want to take profits there because that can also be done and it is an investment that we are making and it is personal money so if you really want to get out then just do it because it also doesn't violate especially there will definitely be profits in this short term.

But indeed, if we really realize that there will be more interesting things in the next few years, holding back is the right thing instead of just expecting a small profit.

paid2

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It is of little interest to know what buying and selling strategy and targets others have.
Looking at the price and data on CoinMarketCap might answer your question, on a global scale, the price of bitcoin follows supply and demand. Afterwards, if you were asking the question for a study or to get an idea of the state of mind of the forum members, that's different, but the figures on CMC are enough to understand in retrospect the state of the market over a given period.

Everyone has a different strategy, my targets are not yours, nor my neighbor's etc.. Each situation is different, some like me prefer to hold until the next halving / bull run (if any,), or even until the death haha, others manage or try to predict the market and trade on a daily basis.

I think in any case, except for long term holders, many people take profits when they can. I am hopeful that the peak for 2023 was not in March and that there are better months ahead this year.

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Quote from: traderethereum on April 01, 2023, 11:19:27 PM

If you ask me, have I withdrawn bitcoin this week? I'll answer that I've withdrawn a few bitcoins for me to sell to buy some stuff I need.
But I don't sell large quantities and keep it in my wallet.
I still hope that the price of bitcoin will get a pump sooner or later and can increase the price.
Now the price is higher than last few weeks, which shows a good move from the bitcoin price.
So we should be patient now while accumulating more and more bitcoins.

Bull season is not yet here, I don't follow the trends because there's entrapped bulls that will capture losses to accounts. The price keeps fluctuating but it will not make the longer dip anymore, at least it will do price correction in the downtrend chart. During the bull season, I sold half of my bitcoin because I was really in need to buy some foodstuffs for the house and pay my bills. Currently, I'm not triggering sell order because I strongly believe that Bitcoin will pump and I'm ready to make my profits from the pump. I'm accumulating more bitcoins inother to make significant profits in the future.

traderethereum

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If you ask me, have I withdrawn bitcoin this week? I'll answer that I've withdrawn a few bitcoins for me to sell to buy some stuff I need.
But I don't sell large quantities and keep it in my wallet.
I still hope that the price of bitcoin will get a pump sooner or later and can increase the price.
Now the price is higher than last few weeks, which shows a good move from the bitcoin price.
So we should be patient now while accumulating more and more bitcoins.

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