Bitcoin Forum

It looks like all time high is just around the corner congratulations to all those who bought Bitcoin when it crashes last March and you are still holding it, now that another all time high are you making a loan withdrawing from your savings to buy Bitcoin?

Remember whatever happens only invest what you can afford to lose, there is a big temptation to put everything, but the market is still volatile it's never steady it never was.

I have no plans of selling all. That would be a bad decision. If you are 100% into cryptocurrency just for the sake of investment, then you may do it and then wait for a lower price to get back in. But if you are into cryptocurrency because that is the best way for a currency to be operated then you would surely leave some for it.

Secondly, if a new ATH is enough for you to sell all, then do it. But if you are looking forward to a higher price in the next few months after the new ATH, then keep hodling on.

You just need to be careful once you decide to move your Bitcoin to altcoin since the life that can give you profit for altcoin is only short .

you are lucky if you get all the possible earnings with altcoin but don't trust it too much because in my experience altcoin give slot of loosers to a lot of traders because of wrong entry .

+1 to what you said. I can't sell all my btc just cause Bitcoin maybe could cross it's ath, Bitcoin itself is a currency and also a hedge against fiat devaluation/inflation, so even if btc goes above 20k, selling all you stash back to your fiat currency is not wise, especially if your currency is one that's so vulnerable to inflation/hyperinflation.

Even being a Bitcoin investor, I also a enjoy btc as a currency (of course without a third party), having said this, we pretty much have the liberty to use the stash in our portfolio as we think good, if you are only a investor, then you can take your ROI when it gets to the ath, but for me I'll always have btc in my wallets to spend in places that accept it.

With the latest rise in bitcoin, the entire crypto market looks very positive. It is important to understand why you are investing in bitcoin? If you buy it for a long time, counting on stable growth, then it is worth keeping the coin. Since many experts predict an increase of $ 35-40 thousand in 2021. In general, many of those who believe in Bitcoin is used to its volatility, and any jump up or down, they only raise an eyebrow.
But if someone doubts further growth, then observing how the coin will behave shortly will make it clear whether it is worth selling it or not.

I think it's too early to say that this bullish trend that we experiencing now is another road to an all-time high. Because we are in the industry that anything can happen in a short span of time.

But let me clarify my position, I'm not against Bitcoin and Ethereum but we should be realistic because it is not 2017 anymore, the market and the investor's behavior has changed already or I must say that they already learn from the mistakes of 2017-2018 Bullish trend.

But still, the recent spike of Bitcoin and Ethereum prices has brought some decent profit for those who have some BTC and Ether holdings in their respective wallets. 

All time highs are always awaited by crypto holders, but for altcoins I am a little doubtful that it will be like 2017 where the increase is very high, there is no doubt for Bitcoin it's just that it remains to be waited for whether it will happen this year or next year.

Never have any plan to sell even 0.0000001 satoshi as a part of my bitcoin. Im all in bitcoin right now. I just wanna keep holding bitcoin until it will reach 100k for each bitcoin for sure.
I believe it will be happening in the next years.

just try to buy more bitcoin when the price was going down to the bottom.
This time I have been getting 3x return from bitcoin.

that's my best decision to go all in bitcoin at q1 this year.

I want to be wiser this time and when condition is favorable for you why not! I personally said of course not going to sell everything well the future is still a long man ,indeed there is a little that I sell but it is not a bitcoin and as for interest thing when ATH is I'll focus more on day trade alt ,take a little profit of situations and conditions for now
conclude other decisions are not mine if someone want to sell all but whether it will be more profitable in long time or not

I also sold mine very early before the PayPal news came but already made a profit why complain, but after the PayPal news I bought Bitcoin again coming from my profit and so far I'm good in profit, I am really tempted to get a loan to buy more but I know how volatile the market is and I should moderate my greed there could be a trap along the way, it's still to risky.

Congrats also to those people who have held since 2018, the known bearish for bitcoin. It was a tough year then last year was a good year and this year is even better. What if 2021 is going to be the best of them all except the upcoming other years? Loans and savings are two different things in the bank. If it's taking loan to buy bitcoin, don't do this. If it's coming from savings, invest only what you afford to lose. Don't also be greedy for the profits, it's ok to sell for your own benefit.

Congrats to me lol,But i have also some coins that i bought late last year when bitcoin is still at 9k+ so they are something that i need
to recover though now i already does.so looking for ATH is one that i am praying for.
I am planning to sell at least 80% of all my holdings from Bitcoin to Altcoins,because although i believe in Correction happens after the bull yet nothing
is certain when will be the bearish will come so at least after selling and the price continue to fly
is i still have funds remain that i may sell again.

Thanks, mate! Make no mistake, lest it be forgotten, we may all be Bitcoin investors but we believe that Bitcoin is still money, a currency. While I share the fact that there are a few seemingly insurmountable hindrances for its adoption, it doesn't take away Bitcoin's basic features which make it a much better currency than fiat.

While 1BTC=$50,000 sounds so sweet, perhaps sweeter than 1BTC=1BTC, we should not forget that sooner or later that $50,000 can only provide us so much, perhaps just a month's grocery.

Don't sell your holdings yet, bitcoin is still very much bullish and it's dominance is still very high, selling now is selling cheap, once bitcoin reach a new height the dominance will start dropping and altcoins will start mooning, if you don't know how to watch dominance just use search engine

Buying on its current price now is too risky and I did borrow money to buy bitcoin on its bottom price this year and I'm happy that I'm still holding on my Bitcoin. I'm not expecting for a new ATH this year and seriously, my target price was already hit at the level of $15k, now I'm thinking to keep on holding and be more greedy, or just take profit and wait for the buy back level again, a hard decision to be made for sure.

Im ready to sell my whole bug to buy more on the next dips but so hard to find the right time to do so

You said you borrowed the money right? Then you are already in profits, what are you waiting for? Don't be greedy mate, take Profits and return the borrowed money, then use the profit to buy altcoins, once bitcoin get tired of growing higher it will bounce back ok altcoins

Bitcoin may cross the previous all time high price soon. But all investor not focusing for the next price peak. Many of them have no fixed goal to sell their bitcoin. They believe that bitcoin will reach more and more up in future. I also think same way and I'm holding my bitcoin investment what I have done few years ago. Now I don't have the plan to invest more in btc.
OP, you saying we should invest what we can afford to loss and you also asked that are we making loan to buy bitcoin! You messed up it fully. Taking loan to invest in crypto won't be a good idea.

Too bad. You missed the opportunity and you didn't enjoyed the bullish market in bitcoin and other cryptocurrencies. I think you made a bad speculation on bitcoin's price, that is why you end up making the wrong decision on selling all of your bitcoins when it's price is still $11,000.
Many people have been analyzing and speculating that bitcoin's price will reach it's ATH again, so holding your bitcoins is the best strategy for now because we are currently in the bull run.

I would never bought at this rate now. I am bit lucky I have btc paid campaign so at least I could save as much as sack as possible but of course not to big. I am bit more holding other altcoins such as bnb and eth for a while, and some potential coins. Bitcoin is good to go and I am excited to see altcoins makes their way to the top again. Hopefully the defi trend will continue to do good and those fake defi projects will stop.

Bitcoin truly proves that they are the number 1 coin in this market. Seems like were closing to the previous ATH.

At this point, I dnt hold Btc and Eth for now but to frank with you, I will love to sell some. This was the same mistake many did 2017 when Btc price rally to $20k.
we are getting rich, this was the same feeling they were having then and it's again, it's really amazing comeback for market but this is unpredictable at this euphoria point.
The steam might still be remaining to move Btc price above $20k or go below $14k. Isn't it better to sell some and see what happens to the rest? You neither loose anything if you take that bold step.
I wouldn't trade this sweet rally for any influencial advice, proceed with caution.

Yeah I think PayPal news ignite a new level of interest from more people around the world into crypto together with previous news and btc halving, the result is beginning to translate into price and just unexpectedly btc price soaring high, I also exchange to usdt few weeks back and now am confused whether to get in or wait or buy some good alts or even pick up some Defi,
Today I see a lot of alts are green so hopefully I can still ride with some good altcoin.

I wouldn't be too sure about ATH for Bitcoin just yet. Remember what happened when we tried to go for 14k in 2019 and then we saw it all drop down all the way to 4k in 2020? Just be careful and never assume anything is a done deal.

My "sorry" feelings are all for altcoins now. But ETH pushing towards $500 I guess now?

The current market size is much larger, with many types of assets and exchanges, especially many derivative exchanges. So I think the market cap will soon exceed the old ATH levels, but getting some altcoins to reach their previous peaks will be difficult.

Btc and eth was so selfish this time because they don't bother inviting the alts to join them but good thing for eth that it increases on its own  , I thought btc are going to solo flight again but why not sure for the ath of btc and eth , you don't want to see them reaching it ? We need to encourage them not discourage .

Doesn't matter if the coins fell down again but what matters is they attempted it and they do thier best . And falling is part of the game , don't forget it and 2021 for btc is going to be a great start .

yeah i also believe it can happen, but if you look at it now, the price of Bitcoin has gone up to $ 16000,
but the altcoin price is still really bad, i feel sad holding on to the altcoins, hoping the altcoin season will come again,
I'm sure everyone is waiting for altcoin season.

Yes it looks like the new ATH is just around the corner and Congratulations to all those people who invest and hold when it was around $3.4K last year or even before it hits $10K mark.

Good for those who patiently hold their bitcoins because anytime soon new ATH will bring more profit again. Bitcoin is really volatile and those who always don't believe in bitcoin will surely regret.

it is very risky to take out a loan right now just to buy Bitcoin...
very lucky for those who bought Bitcoin last March and are still HODL until now. I think it is better to sell Bitcoin which you hold at the moment then buy BCH because most likely BCH will be bullish too and the good news also on the 15th of this month BCH will fork.

I still keep the majority of my portfolio in USDT, perhaps because I'm not sure about the current trend. But it looks like the uptrend is pretty obvious right now, I'm not sure if I missed the chance when everything was clear.

Whatever you bought this March made huge profit. Tesla share went up 6 times from that time. It was a market crash because the shock from  covid-19 . That is how always is. Only bravest buys tat that time.

BTC is currently the champ, I'm glad I don't sell all my holdings when pandemic strikes hard months ago, I only sell off few portion and now I'm already in big Profit, holding thus pay and that is if you hold the right coins, now I'm expecting altcoins to do the same in few more weeks

Yeah as what I see in the market as of this moment there is a big possibility that we can trigger the bull season next year 2021 and once the bull will be triggered then there is a big chance that we can hit a new all time high again especially to most of the popular crypto assets.

I am also thinking in withdrawing some of my savings in my bank accounts and transfer it to top 5 currencies while waiting for the peak of the bull season so I can gain some profit to my savings once we will reach the new peak of the market again. It is kinda shame to throw this kind of chances.

I do not think that taking a loan to invest in crypto is a wise thing. If you cannot afford or do not have enough funds you can buy with savings or whatever extra amount you have every week or month. The thing is if you are true supporter of this tech you will be in for the long run and you will be in profit for sure over time.

But if you are going to do that be sure that you already made up your mind that whatever happens, you are going to accept it, remember the market is highly volatile, and if you proceed and you believe that if ever you lose you will accept the results then go proceed the most important here is you do not regret whatever decision you made, the market is full of traps so you should know better.

hold and hold are the thoughts that I have,
I will not sell Bitcoin until I can hit a new all time high, remember when the price of Bitcoin was above $ 5000,
and what happened? yeah pump to the moon, maybe it will happen again.

Maybe it's too late for bitcoin? haha but it would be great if you could find coins that currently have the same potential as bitcoin. I'm not saying that the top 5 is wrong choice, but I'm sure that in the next couple weeks or months there are some top coins that will have pretty good ATH. btw, I also don't think that taking all the savings is a wise decision, just a suggestion.

We don't need to see the price to reach that amount if we know how to do trading, but for holders there must be able to set their selling points and be updated in what abouts or news in Bitcoin that can affect the price since once it start to do correction or drop in price again, we will sure to wait a long time again to see price maybe near in what 2017 gives.

now is a golden opportunity to sell Bitcoin at its current price, especially for those who bought when it dropped to $ 9k - $ 10k then sold it at its current price of $ 15.4k then they have already made a huge profit. I personally have also made a profit of about $ 2k from Btc, I bought it when it was $ 13k.

I don't think you understood at all what is written in the opening post. Of course, I congratulate you on making a profit on your investment.
The author of this thread means that this is not the time to sell BTC, but to hold it and suggests that if someone has not bought it yet, he should do it as soon as possible, because the new ATH is comming - i.e. All Time High. In other words, he suggests that the BTC price will soon exceed the $20k level.

It will not even need another Paypal or big company that will announce their bet to BTC to break another resistance. The decrease of supply I think will be enough to reach the ATH but it's going to take time.


It's due to the traders taking a profit. It could be due to the election also but once the price this the bottom again, traders will start buying back.  

Im still gonna hold all my bitcoin no matter what happens, there still a big chance that bitcoin will become $17,000 or more not because i have trust in it because it was destined to become , you must hold yours too, you even know what the futures awaits, not just making profits because we all knew that we lose sometimes, and i suggest for those who wants to buy bitcoin it is the right time for you to make that decision before you regret it sooner or later.

Still very far off an ATH, probably 6 months I'd guess. Also, why would you sell right before the market really starts expanding? That'd be like selling in early 2017 when the price got back over $1000 haha. That's a terrible time to sell.

Year 2021 will be very big for crypto in general. This last quarter is just to prepare the ground for what is yet to be surfaced. I am definitely holding for long and not looking to sell anytime soon.

I think that most people who bought in 2017-2018 at like $15K-$20K, they already sold at a loss either at $6K which was tested a few times in 2018, or when it crashed down to $3K in late 2018. Then those that bought BTC in 2019, at like $10-13K at the peak, probably sold when it crashed down to $3K back in March 2020. So the new people who bought maybe around $10K a few months back most likely already sold it at like $11-12K because it looked like it could go lower.

So there aren't too many sellers left really. How I am worried that too many people are overly bullish and expect at least $20K. Some people are expecting like $50K or $100K. So I have a feeling that we might top at $19K and start to head back down and chop around for a few months or year or so. Because it seems the sentiment is way too bullish right now.

Actually bought a bit late, bought at around mid july or something, could've gotten some coins at a lower price if only I took the chance, still a profit, although I don't really see any reason why I should sell my coins. I actually had some coins left from before the crash happened last march, no regrets joining the panic sell even though I lost out cause if I were to look in the big picture, a small stumble would simply lead to a smoother path in the future. I'd probably hold mine for at least 5 years or so before selling off, or at least wait 5 years then wait for the next possible bullish run.

I think that bitcoin has a very prosperous future and will continue to increase in value. Unlike fiat currencies out there it is not susceptible to inflation, as it has a fixed quantity of 21 million that cannot be altered. If governments want to make the debt in their currencies worth less, they can simply print money, but Bitcoin will never be at risk from that. If anything, the amount of Bitcoin in circulation is likely to fall over time because small amounts get lost in old wallets or access to wallets is lost for a whole variety of reasons (viruses/owner death/etc). It's great that the value of Bitcoin is falling though, because that means it is possible to buy more for a cheaper amount in the dips - you really have to think long term.

It's very tempting to do that, but I have seen a lot of investors getting burned because they have not invested with their own money and instead they take up a loan which is double the risk, investing in Cryptocurrency market is like gambling only invest or bet what you can afford to lose and you will come out ok, it's better to have less than worrying a lot.

I guess I am too late to join bitcoin to change anything in my life, I am not really comfortable enough to say that my bitcoin portfolio ever increased to a level where I could comfortably retire and it will probably never be like that, I do make more profits from it compared to inflation so I am quite happy with it, I am not going to stop investing into it, but I feel like maybe it is time for me to start looking at other things that could do 10x in the future, like maybe ethereum which could hit 5k one day and that wouldn't be interesting, I doubt bitcoin could be 150k+ before ethereum hits 5k. This is why I could say, I am not selling right now but if I were to sell, I would probably sell to get into another crypto, not sell so I can take it out to fiat.

The big advantage of bitcoin once being embrace by many this what you have said, due to the numbers of coins to exist over the demands of many people who will going to use it.

We can't tell when but with how it's moving right now then we can say that new ATH is really nearing, hard to predict as if this continuous uptrend greed may take place.

Instead of selling it with a better value it's nature to think that it may rise more, you should
 have your specific target and be content once it's been reached..