Topic: Speculators - at what price will you sell? - page 4. (Read 2110 times)
I am an long term holder since 2012 but had some thoughts about at what price I would sell. My goal was always $10k. But I also would be happy with $8k. Catching that peak, buy back at $2k oah that would be crazy of course.
I think it really depend on the person. If you have like 50x or returns or more then logically it make sense for you to sell. But then again, holding is the best choice right now because the price keeps going up. Before $3000 was the mental barrier, but now $4500 or $5000 should be. That is why is really hard to predict the price of bitcoin because you don't know when the sudden dumps will come. I guess the peak price for this year is $7000 and I'm seeing a price correction once we touch this price in the future.
This is a question for speculators, not hodlers.
Hodlers never sell!!!
Speculators - what is your selling price? When will you take profits in this price spike, if you haven't already?
I think the price is rising much faster than many think, and will easily be over 5k by Friday.
My guess is 8k is the peak, before a significant correction (perhaps taking it down as far as 2k, based on past volatility).
So by that reasoning, and given the severe volatility likely at the peak, I reckon sell at 6k in this price spike.
What do others think?
Hodlers never sell!!!
Speculators - what is your selling price? When will you take profits in this price spike, if you haven't already?
I think the price is rising much faster than many think, and will easily be over 5k by Friday.
My guess is 8k is the peak, before a significant correction (perhaps taking it down as far as 2k, based on past volatility).
So by that reasoning, and given the severe volatility likely at the peak, I reckon sell at 6k in this price spike.
What do others think?
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