Topic: What do you think about the price of Bitcoin now? Take profit or greed? (Read 818 times)
November 26, 2020, 01:04:40 PM
I'm pretty sure we'll see it going up soon. I expected correction to 17-15k. So maybe the price will go down for a while
November 26, 2020, 03:19:13 PM
A bad day when Bitcoin dropped so fast $3,000 evaporates, in my opinion, cut loss at this stage and buy it and altcoins at a low price and wait for a return. unpredictable if we hold the loss will be high.
If there's no actions that take place net week then it surely a big loss for those who are still holding their assets, you better assess how things
may go with this current situation, cut your loss and buy it back when uptrend show up once more. It's a test for each traders on how to manage
their investment with the movements like this.
November 26, 2020, 03:15:42 PM
A bad day when Bitcoin dropped so fast $3,000 evaporates, in my opinion, cut loss at this stage and buy it and altcoins at a low price and wait for a return. unpredictable if we hold the loss will be high.
November 26, 2020, 02:59:37 PM
The current Bitcoin price is actually quite high. If you really want to sell, I think you can get a big profit. However, if you really want to hold until the end of this year, that is fine, because it is likely that the price will still go up again.
Your right, we'll waited from around 2018 till 2020 for a good way to take profit from our various investment but here it come; but there are series of confusion among members, on when to take their profit. As for me, am good for a profit at this time when Bitcoin almost hit the $18.9k+ becasue some of my holdings were back in 2019 when Bitcoin was low in it price, compare to now which is impressive. There are people who don't want to take profit now but wait for Bitcoin to hit $20k+ before they do, this can be risky becasue the price of Bitcoin can rollback again. Greed isn't wrong at all as long as we calculate the risk, $18,9k is safe for sure but it's too early in my perspective, if bitcoin predicted to fall after hit $20k, why not sell at $19,8k+? Bitcoin may encounter resistance level at $19,5k-$19,8k but if it manages to surpass $20k by the end of this month or in early next month, bitcoin should be able to reach up to $30k by the end of the year, so for me it is an obvious choice, keep holding until the end of December.
November 26, 2020, 01:57:50 PM
We have our resolution now, book the profit along with the market and then wait for the market to settle down, it is really promising to see that the price of bitcoin tried to touch the all time high valuation but it did not hold that much and hence we have a huge correction now as the market fell over 11% in the past few hours and lets see where it will settle and take this as an opportunity for anyone who missed the boat and be positive.
November 24, 2020, 05:20:15 PM
It is depend on your goals, take profit if the price reached your plan but if not then continue to hold your bitcoin. It is all about discipline and having a good plan, right now I can say that it is greed if you still hold your bitcoins but do not consider greed as bad thing because there is a misconception about greed where people think that it is bad. In this market it is not bad and it is pretty normal because investors and traders are always controlling by thwo dominant emotion which is greed and fear. If you are not greedy in this type of market then do not expect to make money. The movement of bitcoin is becoming better and for me we can see the price above $20,000 in mid of December.
Depending on goals, it also depends on the decision of the person because if they choose to hold and take greed, there are affiliate risks that you should consider. But if you want to make a profit, I think this is the right time to make a decision since the price of bitcoin as of now is already high, it depends on your decision after all, as long as you know what you are doing and you are making a profit. We cannot predict the movement of the market since then, it is because the value of every token is changing constantly. November 24, 2020, 01:00:42 AM
It is depend on your goals, take profit if the price reached your plan but if not then continue to hold your bitcoin. It is all about discipline and having a good plan, right now I can say that it is greed if you still hold your bitcoins but do not consider greed as bad thing because there is a misconception about greed where people think that it is bad. In this market it is not bad and it is pretty normal because investors and traders are always controlling by thwo dominant emotion which is greed and fear. If you are not greedy in this type of market then do not expect to make money. The movement of bitcoin is becoming better and for me we can see the price above $20,000 in mid of December.
November 24, 2020, 12:33:29 AM
I am sure that there will be a massive pump that will happen during this time to push the bitcoin price to jump to the high price in a short time.
I believe this thing will happen soon because if compare with 2017, when Bicoin reach 20k USD, everyone all talk about Bitcoin, search about Bitcoin and be very interested in it. If we look at the amount of people who search Bitcoin according the data of Google Trends, you can see that the amount of those people now are lower than 2017 so much. That thing prove that small investors doesn't still really come back yet. And maybe we can see the really massive pump to entire these people back into the market, and after that , one correction will happen.
(Source: https://trends.google.com/trends/explore?date=today%205-y&q=Bitcoin)
November 22, 2020, 10:05:29 AM
The current Bitcoin price is actually quite high. If you really want to sell, I think you can get a big profit. However, if you really want to hold until the end of this year, that is fine, because it is likely that the price will still go up again.
Your right, we'll waited from around 2018 till 2020 for a good way to take profit from our various investment but here it come; but there are series of confusion among members, on when to take their profit. As for me, am good for a profit at this time when Bitcoin almost hit the $18.9k+ becasue some of my holdings were back in 2019 when Bitcoin was low in it price, compare to now which is impressive. There are people who don't want to take profit now but wait for Bitcoin to hit $20k+ before they do, this can be risky becasue the price of Bitcoin can rollback again. Personally, i don't want to see another 2017 again becasue it was horrible indeed; just for the purpose of greediness. How are you sure about Bitcoin price making it to $19k or $20k soon?, some will say, when the correction happen then the price will shoot, but what are the TA for this to actually happen?, all i can see among people who don't experienced the 2017 drama is; they're speculators and the bad side of Bitcoin might fall on them due to their greedy human nature.
There were speculations about Bitcoin correction from $18.9k to $16k, but few moment ago we saw some corrections but never meet their speculations because Bitcoin is unique in nature. I sold at $18.7k and just bought back something pretty good at $17.6k few minutes ago. Greediness is in my past and not present.
November 22, 2020, 09:43:35 AM
The current Bitcoin price is actually quite high. If you really want to sell, I think you can get a big profit. However, if you really want to hold until the end of this year, that is fine, because it is likely that the price will still go up again.
Your right, we'll waited from around 2018 till 2020 for a good way to take profit from our various investment but here it come; but there are series of confusion among members, on when to take their profit. As for me, am good for a profit at this time when Bitcoin almost hit the $18.9k+ becasue some of my holdings were back in 2019 when Bitcoin was low in it price, compare to now which is impressive. There are people who don't want to take profit now but wait for Bitcoin to hit $20k+ before they do, this can be risky becasue the price of Bitcoin can rollback again. Greed isn't wrong at all as long as we calculate the risk, $18,9k is safe for sure but it's too early in my perspective, if bitcoin predicted to fall after hit $20k, why not sell at $19,8k+? Bitcoin may encounter resistance level at $19,5k-$19,8k but if it manages to surpass $20k by the end of this month or in early next month, bitcoin should be able to reach up to $30k by the end of the year, so for me it is an obvious choice, keep holding until the end of December.
November 22, 2020, 09:26:36 AM
The current Bitcoin price is actually quite high. If you really want to sell, I think you can get a big profit. However, if you really want to hold until the end of this year, that is fine, because it is likely that the price will still go up again.
Your right, we'll waited from around 2018 till 2020 for a good way to take profit from our various investment but here it come; but there are series of confusion among members, on when to take their profit. As for me, am good for a profit at this time when Bitcoin almost hit the $18.9k+ becasue some of my holdings were back in 2019 when Bitcoin was low in it price, compare to now which is impressive. There are people who don't want to take profit now but wait for Bitcoin to hit $20k+ before they do, this can be risky becasue the price of Bitcoin can rollback again. November 22, 2020, 09:09:57 AM
I am looking forward some people will start taking profits or sell their bitcoins bought last all time high to breakeven price, it will start $19,000 - $20,000.
But this time is different compare previous all-time-high, fomo before is really huge compare this time which it's still neutral since $10,000 level.
But this time is different compare previous all-time-high, fomo before is really huge compare this time which it's still neutral since $10,000 level.
Are you sure that those who bought last time or during end of 2017 are still holding their bitcoin until now? I doubt it, because that time people doesn't have enough knowledge in bitcoin and some of them think that after a crashed bitcoin will not recover again. I think they already sell those coins even at lose value and then when they saw that bitcoin market starting to climb back, they buy again because they believe that it will rise more than last ATH happened at the end of 2017.
November 22, 2020, 08:46:48 AM
The current Bitcoin price is actually quite high. If you really want to sell, I think you can get a big profit. However, if you really want to hold until the end of this year, that is fine, because it is likely that the price will still go up again.
With that said, I'm hoping that that would come true. Bitcoin's price looks promising and I'm positive that it will still increase before this year ends. I won't sell my bitcoin yet. We'll see what would happen next.If the price goes up, that's favorable. But if not, it's also fine. This is investing after all. There's always risks involved. But of course, let's do hope for the best.
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November 22, 2020, 07:57:56 AM
I hope you don't be greedy and take a profit if you think that you can make a profit. If you are still holding bitcoin, maybe that will be a good decision, but don't forget that the price will fluctuate and you need to calm down. We already see $18,400, so maybe you can sell bitcoin when the price can increase to $19k because the $600 gap of the price will give you the profit, so you can wait for a while to buy back Bitcoin at a lower price. But that will be up to you.
See I tried to comprehend that bitcoin price is not constant and is not what someone can depend on because of it's regulations in price, what i will like to render as encouragement is that whoever that want to make excessive benefit due to the increments in bitcoin currently should wait until it get $20,000 which bitcoin price is approaching to get their, but for those who are inquisitive can move forward to sell in order to make profit.With the price now is down, we need to stay calm and don't panic because it is not over, and the price will be increased again. People already sold their bitcoin at the current price while they are also waiting for the next correction, which could happen now. But behind this correction, the price will get another chance to increase back, and I think that could break $19k and to increase more.
November 22, 2020, 07:28:44 AM
As long as you believe to your prediction of how much is the highest possible price of the bitcoin. I think it will continue to rising the value because there is a lot of people now are buying the bitcoin that will result for increasing the price .
But once it reached the 20k dollars again I will sell the others and take the profit to be sure incase if bitcoin dump again I have already profit I need assurance this year that I get a huge profit from the bitcoin.
But once it reached the 20k dollars again I will sell the others and take the profit to be sure incase if bitcoin dump again I have already profit I need assurance this year that I get a huge profit from the bitcoin.
November 22, 2020, 07:08:00 AM
Why would I choose to do one when I can do both? I would like to get profit from it but at the same time, I want to continue holding my bitcoin and crypto currencies. It is not that I am greedy but I needed the money for my family, for my future family and to also help the people that needed them. Money is one of the problems my family has as I grow up that is the reason why when I will be starting my own, I don't want to have a problem with money.
It really depends on your priorities in life and how you strategize to earn more from this market. ...
Right now what we should be prioritizing is taking advantage of the great movement of the price. Trade with another altcoin that has a high chance of giving good profits and maybe sell some if you wanted to. In my case, I am holding most of them. I think we can reach a new ATH this year since the price is still sitting at $18K.
November 21, 2020, 05:30:17 PM
I hope you don't be greedy and take a profit if you think that you can make a profit. If you are still holding bitcoin, maybe that will be a good decision, but don't forget that the price will fluctuate and you need to calm down. We already see $18,400, so maybe you can sell bitcoin when the price can increase to $19k because the $600 gap of the price will give you the profit, so you can wait for a while to buy back Bitcoin at a lower price. But that will be up to you.
See I tried to comprehend that bitcoin price is not constant and is not what someone can depend on because of it's regulations in price, what i will like to render as encouragement is that whoever that want to make excessive benefit due to the increments in bitcoin currently should wait until it get $20,000 which bitcoin price is approaching to get their, but for those who are inquisitive can move forward to sell in order to make profit. 
November 21, 2020, 05:10:20 PM
With a lot of positive news related to Bitcoin this year, it's really best not to sell bitcoins right now. I believe the price of Bitcoin
can still be higher, even though we need money, don't sell all the Bitcoin we have. At least sell some of the Bitcoin we have,
because if we sell all the Bitcoin we have it is feared that the Bitcoin price will fly high.
can still be higher, even though we need money, don't sell all the Bitcoin we have. At least sell some of the Bitcoin we have,
because if we sell all the Bitcoin we have it is feared that the Bitcoin price will fly high.
November 21, 2020, 04:54:47 PM
Why would I choose to do one when I can do both? I would like to get profit from it but at the same time, I want to continue holding my bitcoin and crypto currencies. It is not that I am greedy but I needed the money for my family, for my future family and to also help the people that needed them. Money is one of the problems my family has as I grow up that is the reason why when I will be starting my own, I don't want to have a problem with money.
It really depends on your priorities in life and how you strategize to earn more from this market. We should consider that every one here has different upbringing and background, and so yes, we only need respect to have harmonious relationship with others. And in terms of investments, it is your own self that is responsible with your own money. Because no one else will have the compassion to make sure that you are in the right track but yourself.
November 21, 2020, 04:39:32 PM
I agree. It is not time to sell your Bitcoin. Some think that Bitcoin will reach a higher peak. Now that more businesses and personalities are joining Bitcoin, we must be attentive to everything that happens around it. If all goes well, Bitcoin would mark a great future. There are still things to happen. This is simply the beginning of a new stage.
Remember that this is a good sign as Dan Held tweeted.
Remember that this is a good sign as Dan Held tweeted.
Quote
Financial institutions and trading legends that recognize Bitcoin is Gold 2.0:
- Fidelity
- JP Morgan
- Bloomberg
- Deutsche Bank
- Citibank
- Jeffries
- Blackrock
- Susquehanna
- Jump Trading
- Paul Tutor Jones
- Stanley Druckenmiller
https://twitter.com/danheld/status/1330164168176054273?s=19
- Fidelity
- JP Morgan
- Bloomberg
- Deutsche Bank
- Citibank
- Jeffries
- Blackrock
- Susquehanna
- Jump Trading
- Paul Tutor Jones
- Stanley Druckenmiller
https://twitter.com/danheld/status/1330164168176054273?s=19
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