Bitcoin Forum

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BITCOIN PRICE TODAY

Good day house members and chairpeople (moderators) I just feel like telling the house and those who accomplish not know the current price of bitcoin and how much it worth today,  but first I don't know where I should drop the thread and if the thread is not permitted to be here, please someone should help me move it.

The price of bitcoin already shown in the picture at the awning and I know at any time it will be higher than it is now or it will be lower than it is, but if the current price of Bitcoin eventually reduces never sell hold until you are satisfied with the price before selling.

For, I am thinking of opening a business for my wife with the tangible profits I have made from Bitcoin, I would have dropped a picture of my electrum wallet balance but I will not because I don't think is either advisable to do so.

Usually this period and this month has shown proven to be bull for bitcoin price, I think most of us here already aware of the sudden increase of bitcoin price. To me I often check coinmarketcap (https://coinmarketcap.com/) to always be informed of the update, secondly I set my binance account to a notification were I often received updates on a regular basis.

Good for you if you have made profits already when the price hits $28k because it seems that we have a correction already. And so it's true, we never know the price movement. We were all hinting that the price might go to $30k for this month as this is our goal.

But when the FEDs seems to released their numbers and it's not very positive, the market reacted obviously.

However, we are still very good above $27k and I wouldn't be surprised to see the price going back to $28k++ again.

Good luck though in your goal to open a business with the profits that you are going to make in this run.

It is good that you are planning to open a business from your profit, but I don't think this is the best time to take profit. Do what you have to do of course. This is just my opinion. It's just that Bitcoin at the $20,000 level isn't worth selling. It is cheap. For me that's too low a price to let go of my precious satoshis. Bitcoin has been to $69,000. It can go back there for sure. Also, the halving is near. It's just around a year from now. That will bring in more profit.

in the near future I checked the market and it turns out that the price of btc has risen to a price of around 28000.
and I am very happy because my investment started to generate a lot of profit. but I think that with this price increase it is still not high when compared to the price of bitcoin during the BUL RUN of 2021.
but the decision is in the hands of each, if for example we want to sell it,

hope your business is successful

The Fed's numbers are positive, their tone is no longer so hawkish and they have begun to falter on raising rates, raising rates so quickly has cost them the bankruptcy of banks recently. The 0.25% gain is a good sign for the market, bitcoin was volatile when the news was announced but in the long run, should positively impact the market. With this rate hike, I remain optimistic about bitcoin hitting $30,000 this month as well as it conquering other gains in this rally.

If you can profit from bitcoin, you can use that profit to open a business for your wife, especially if you sell the bitcoins at the highest price. So from now on, you should be able to collect more bitcoins before the price increases so you are ready if the bull run comes again.

We will never know when the highest price will come again so we can only be prepared. And yes, never sell if you are dissatisfied with the current price and it is better to just stick with it until the price can go up again.

Building any business or really going for assets which could possibly generate more income is something that we must do because we do know that having multiple source of income is really that much preferable.

If you do see that you do need more business then go ahead and if its for your wife then go ahead because the more the better if we do have other income sources.Some people do just simply want to buy something
on the time that they do make huge money from their crypto investment.Some are like that and some arent and this is why to those who are mindful for their future are the ones who do sustain whenever there are some economic problems.Come to think that not all the time we are on a good situation when it comes to finances which it is really just that right that we should always have back up plans.

When will you take profits?
Always remember that Bitcoin is too volatile, so if you have a plan of taking profits, you must stick with it because no one knows what will happen to Bitcoin price.
I commend you OP for being practical in using the profits of Bitcoin for the good side which is starting a business.

With the current price of bitcoin in the market, it is clear that we are now in a bullish state, the value remains calm at 28k$ almost, even if its value dumps, I can still say that we are really in a bullish state.

So it is still better to postpone the application of DCA for bitcoin because I really see this as an effective way for us to accumulate bitcoin in the future.

I also want to get another big profit from bitcoin because this time, I also want to give the profit I get to my wife so she can start the bakery business she wants. Maybe the initial capital can be very large but I'm sure he can start with a minimum investment first while waiting for market conditions to really reach the peak of its recovery.

And when the market can reverse direction and make a lot of coins, bitcoins and altcoins increase, including all my altcoins, that will be a huge advantage for me. This is where we must plan for what we want to do to immediately allocate the funds we have received or prepare the funds to achieve the plans we want.

I am very happy with what you have got - you managed to get profit from Bitcoin trading and want to help your wife to open a business which is a very good thing. I hope that the business that you will develop will be successful and also that good things will come to me too.

Compared to what happened with the year 2018, the current situation is in which the price of bitcoin is above average, as 2021 ATH less than 70K. We are now not far from half of that peak.

Perhaps the confusion in the monetary policies is what pushed the price to rise in this way, and therefore we will retest the resistance level at 30K several times before it is broken during the next month and a half, but as I mentioned, the situation is abnormal, which makes all scenarios open.

I would have to agree about the abnormalities this year as regards to the monetary policies of the US and that's why we have seen this effect on the market right now. We should be still in the bear market, however, it seems that the bulls are coming back and has total of it right now.

And maybe we can go back to the price around 2022 again, or at least when we thought that the bull market is over.

$30k will be the next resistance and to some extend I'm thinking that if we can get to $35k-$38k, there could be some correction along the way.

Well, technical analysis aside, I also think the 30k range is positive, we have had an upbeat March although the trend is not entirely guaranteed and history is not in favor of bitcoin bulls but it did. The power of bitcoin and what it stands for is generating strong confidence again. 30k is really a big range with a lot of pressure, but I guess bitcoin will break it before the correction happens.

Why does China need green energy when it can buy it at a low price from Russia or open trade doors with Middle Eastern countries? In the end, the high prices in Europe and the world and China's access to cheaper resources means that it is difficult to compete with Chinese goods and commodities, and therefore it is the first beneficiary.

The Biden administration was pushing in the direction of green energy, but the rise in global prices and the lack of guarantee of demand is what will make these investments shy compared to oil investments.

Your mindset on Bitcoin is very clear, buy low and sell high. You plan to take some of the profits to open a business for your wife, of course that's very good and you really hope that the price of bitcoin can increase as soon as possible.
It takes time to realize your plan, Bitcoin will not experience an instant surge in a matter of hours especially with the current market conditions. You have to be patient until the return you want comes, never expect more than what you targeted, unpredictable price movements can make you wait longer.

How do you mean the price of bitcoin is high while the satoshi is weak? isn't that the same?

That is in accordance with the target of your plan to sell bitcoin before the price drops and the profits are used for business. I think your pattern is pretty good where to build two businesses in real projects and one business in bitcoin to continue to start accumulating again.

After your wife's business is going well, then at least you won't have any more pressure to sell bitcoin in the near future, in the sense that you have to wait for ATH again, I know that everyone's mindset is different in taking profits, it's better to wait some time for bitcoin to rally again.

Just keep the bitcoins you have now and build that portfolio again.

I am pretty sure you don't regret spending money to your family. Especially when you are giving them a change to open a business. No matter where bitcoin goes from here, if you are in profit and have a change to do that, definitely do so. Just don't sell everything for it.

And i can't think any situation it would be wise to share your wallet balance. I know it's tempting espcially when you have reason to brag with it. But just remember that's the only upside if you are doing it and there are ton of downsides if you share it.

The month of match have been an extremely bullish for bitcoin, after the coin touched its basic low around the first week of the month of mach before it suddenly rebounded back to 22k and thereafter pushed to 28,799/at the moment. Abd if you asked me I will say bitcoin has indeed turned a bullish facelook, even though there is still some resistance at this price, I am sure we will move above this price and let's hope the month of April will be as bullish as this month.

I read about your business plan that you mentioned in the op. If you are currently satisfied with the profits that you have gotten from Bitcoins, then definitely sell the coins and start the business immediately; otherwise, I would suggest that you hold for some more time. as bitcoins are way more valuable than their current price. I know 28k USD is not a bad price, but generally, I suggest people to buy in this price range. If you need the money urgently, then only sell the coins. Otherwise, hold the coins, and definitely within a year you will see triple profits from them.

There is no need for you or anyone to post how much they've got with their wallets. It's not really a requirement when you post a topic or a thread that you're making. Good luck also with your new ventures that you're about to make from the profits you've made on bitcoin.
It's a good decision and wise move that you're going to use your profit into another investment or business to grow how much you've got. Just take profits when it's necessary and you're too happy to take it and not when you're forced but, sometimes it's good to cut loss if needed.

It's not really worth much if we look at the last cycle in the years 2017-2019. It's not even worth half of its all time high, so we're at the levels bitcoin was in 2019 when we were recovering from the bottom towards 10 000.

That's true, don't get pressured into selling. Sell when you feel the price is right for you.


Your balance isn't going to impress anyone. There are people with a lot of coins and they aren't trying to show off. Also, note that you might feel like 1 btc is a lot of money if you live in Africa or India, but in the US nobody's going to give a damn.

you have to know that there is an action called cut loss to avoid big losses on your bitcoin investment. we do not need to always hold our bitcoin and take so long time until the price increasing higher than buying price.

every one will not buy bitcoin if they know that they will get loss from decreasing price of bitcoin. buying bitcoin when the graph of price is in high volatility will bring uncertainty and make you hard to predict. but you can learn how to identify when you have to make your move either hold or sell.

Find the information from this reference to make you more confidence to decide to hold your bitcoin till it gets higher price or cut your losses
The Art of Cutting Your Losses (https://www.investopedia.com/articles/stocks/08/capital-losses.asp)

Start collecting as much Bitcoin as you can to realize the plan to open a business for your wife. It takes action and consistency in doing it, you also need patience when prices start to get unfriendly.
One thing you should avoid (greed) to speed up the process of your plan, immediately press the sell button when the price is at the point you want. There is no need to expect bigger profits because if suddenly a price shift occurs you have to wait even longer.

The price remains intact so I think we will continue to $29k and above. It's okay to expect more than our target if our target price is only small e.g $50k because Bitcoin can easily pass that level but it will be better to stick on our first target first so that we can successfully sell and experience the real profits on our hands and most of all turn that dream into a reality.

Unpredictable price movements, doesn't always mean that the price will drop but it also means that the price have risen above our expectations and the speed at which the price travels can be fast enough. It reduces our waiting time which is great. This is one of the benefits of bitcoins volatility.

Exactly and this current situation of the price of bitcoin is as a result of various external factors, in 2021 there was no major incidence that force the price to be below the current price and half of the all-time high of 70k.

The entire market has faced several incidences such as FTX, LUNA crashes now silver gate bank and so many others in their category that made the price of Bitcoin sink 15k in 2022.

If you compare the current situation vs 2021 before the 70k all time high there was no such incidence that could have a drastic negative effect on the market compared to what we have today.
I agree with you, the current market realities are a result of the rigorous process as regards monetary policies and its processes rate increases and debates have been reflected in the weekly behaviours of Bitcoin price and market demands.

Perhaps it was good timing to run a business and accept crypto as the price of moving high and your chance to earn more profits is likely possible. Yet, before doing this make sure that you are also knowledgeable about crypto and about you are trying to do. Make sure that everything is ready wallet address(receiver) and your system about payment in order to give comfort and an easy transaction process for the users.
You can also ask for ideas and pieces of advice from those businessmen that already have this kind of payment option.

The mercurial nature of Bitcoin's worth and the associated forecasting difficulty must be kept in mind. You may feel confident in your ability to predict and benefit from movement, but the possibility of loss is ever-present. However, if you plan to open a business for your wife with Bitcoin profits, you'll need a meticulously crafted strategy that accounts for timing, risk, and financial goals while being full of surprises.
Openly displaying your electrum wallet balance can be a security risk. It could lure hackers or criminals to try to steal your money. It's better to maintain your privacy and avoid showing others an overview of your electrum wallet balance. Instead, focus on your business plan and make sure you consider all relevant factors before making financial decisions.

If someone has adopted bitcoin in their business, then they are obliged to realize the profit of that bitcoin. I don't think the OP should hold bitcoin long term if the budget used for his business is stuck, it means he should realize his profit as soon as possible.

The OP can temporarily hold bitcoin if he has other budgets to cover his business needs but it is always good to consider selling bitcoins while the price is still profitable. But if the OP wants to invest, that means he has to be prepared with other budgets so that his business and investment plans go hand in hand.

You support the OP has a plan to create a business for his wife using the profits from bitcoin as capital, and I hope you also study and understand the movement of bitcoin, especially the fluctuations we have to accept that will occur due to several factors.
and as long as you have strong patience, you will achieve your goal. The price of bitcoin is currently moving in the range of 27k-28k which I think the price of bitcoin will reach 30k in the near future and you have to be more patient to make sales so that your plan is to make your wife's business run smoothly and have more capital for you to use for things another.

If we focus on the long term then don't ever check prices on a daily basis, it's better to focus on the goal, namely big profits, I have not checked prices for almost 3 years and was surprised when in 2021 the price of bitcoin skyrocketed, even though when I left the price was only $ 4800 in 2018 then at the start of 2021 the price was over $48k or up 10x in a 3 year time frame.

It is important to have a plan for taking profits when investing in Bitcoin. Moreover, Bitcoin is known for its volatility, so having a clear take-profit strategy can help reduce potential losses. However, the decision to take profits will depend on your investment objectives and risk tolerance. It may be tempting to hold on to a winner in hopes of a bigger win, but this can also lead to overexposure and potential losses. Having a clear take-profit strategy can help you balance the potential rewards and risks of investing in Bitcoin.

We all know about the bullish trend of Bitcoin. At what point did it go in 2021? Bitcoin peaked around $70000 but may reach more than $100k target in upcoming bullish market. Moreover, if we listen to the predictions of experts, then the price of Bitcoin can reach 1 million. Only those who believe in Bitcoin will get that price.

I am not too keen on this. The price might just be going up before the black friday sale and will go back down again after that. At least that is what I observed the pattern is every year at this time of the year. Hopefully I am wrong and this trend will continue.


It is not good to show internet how much money you have, you might be targeted. That said, hope you will be successful in the business you will open with the profit you gain from bitcoin. A lot of opportunity has opened because of Bitcoin and hope your opportunity will be a success.

I doubt what you're saying, if you're determined to hold onto it for the long haul and buy bitcoin 1 time and leave to do other non-crypto related jobs, then I believe you can. But if you focus most of your time on cryptocurrency investing, I don't believe someone will sit in front of a computer every workday without checking the price. It's true that you should focus on the long-term and don't need to check prices every day, but as an investor, you also need to stay up-to-date with news and market fluctuations to act promptly.

Cut Loss does function to avoid losses, but it is usually very often used by traders in the market, not by investors who like to invest in Bitcoin in the long term. Because if an investor holds Bitcoin by waiting for a higher price than he has ever bought before, I think that is a very reasonable thing. Because they are investors who are looking for profits in such a way, while traders whose focus is often on the market, of course, must use several features to help themselves when trading, including the Cut Loss feature that you said.

I would never recommend him to sell all his coins only because he is running in profit with his Bitcoin investment. He can probably get a lot higher gains if he holds on to it. He should have invested the money that he wouldn't need in Bitcoin, and now if he needs to cash them out, it will only make him sacrifice the benefits he could get out of it.

A business plan should never be executed by using funds allocated for another investment. This thing does nothing more but will only finish the investment that has already been done, and there is never any guarantee that a business will run successfully.

Markets generally work to scare people out who are willing to sell, if they dont scare you they wear you out over time.   Its likely the whole of 2023 will be a demonstration of wearing people out so that they agree to sell before any later and greater gains.
  The recovery already seen in 2023 shows BTC is still a great trade but my take for this year is still in sum total a sideways movement more then full bull run as some years have had so fortunately 2017 being the one I remember most clearly.

If you are learning then quick points to avail yourself of would be use Japanese candlesticks not line charts, it gifts you more information to judge on.   
2nd point would be to respect higher time frames, BTC does move rapidly but nothing below daily and weekly bars carries alot of weight (to judge a trend).

I can still remember that many have expected that the peak will be $100k during that time and I am one of those people that have thought that it will really come into reality but, it didn't. Was so close yet too far but I am not losing hope that the time will come again that bitcoin shall be in a bullish trend and last year was the actual bear market which was part of the cycle that we're all waiting for. And as it has come to an end, we all know what we're expecting and it's about time to stock while we're not yet on the peak again. I know that someday with those high predictions like a million dollar for a bitcoin, it will happen but we have no clue when so keep your faith and keep those bitcoin's on hold and add as much as you can before that happens. We don't know if the bull run by next year or two will be crazier than 2021's.

The thing that has become a fact is that the price of bitcoin will increase in the long term, as long as we can be patient to hold then we can get profit, of course to be able to get big profits then what we have to do is hold long term and never be affected by short term fluctuations .

That is the key here, we should look at the long term price of bitcoin, specially the bull run because it could be in 6 digits minimum next. So patience is the key because this game is going to be very long for us.

And with that, we should set our mindset to be strong and not fall for this short term profits.

In might take a lot of experience, but for those who have been through with it, it's rewarding in the end.

To profit from investing in Bitcoin, it is necessary to be consistent with the initial plan, volatility can occur at any time which can slow down the plans that have been designed from the start.
 Op must give up wishful thinking about getting bigger profits, except for having an emergency fund in anticipation if something unplanned happens. Implementing a take profit strategy can reduce the risk of loss, even if the profit you get doesn't meet Op's expectations, at least the results from investing in Bitcoin can help with his plans to open a business for his wife.

So far the OP has a good strategy and is able to make good profits from his trading activities. Price volatility is ideal for what a trader expects to earn, but if he wants to be patient then of course there is a possibility of making bigger profits.

I advice selling as long as it is profitable if the OP is a trader, but if the OP is a holder then he should remain patient and wait for a higher price. Long term profits are better than short term trading profits. That is something that has been believed by holder so far.

if the purpose of this thread is information I would like to add a little, it is better to use english writing (not your country's language) because english is the most common language.
responding to your writing I really appreciate the effort and motivation from you. I really agree with the message you want to convey in this thread, an investor should not rush to make decisions or panic when the BTC price drops. especially new investors, seeing the price of BTC fall and the assets decrease usually rush to make decisions and panic sell.

Nice plan OP, I will advise you to open restaurant business for your wife so that it will reduce spending money on food in your family. And It will not take your wife a long time before she will start making money from her Business, if she can employ potential cooker because many people like were to eat quality food that will bring more strength and energy. I think, it will be profitable if she can learn how to invest in Bitcoin because it will really help her to grow like you if she involve in long term investment, which many people in the community has used it to grow their businesses and also used it to establish other business.

I agree with what you said that the current situation is not normal, because, the prediction of the majority of bitcoin's value flow in the future is still somewhat limited.

     But anyway, I think that with each passing month that will come, bitcoin's value will break for sure, for example this month of March it is possible that it will break 30k or maybe the first weeks of April in my opinion It's just based on the indicators I'm looking at, although it's not always accurate.

we can just seach CoinMarketCap and everything will be there(except for those shitcoins that does not worth checking)

is this the first time that you have come to check every thread here ? in which link after link had been given for their own checking?
and what is the mindset here? and since you are for Buying and selling (buy Low Sell High) then it is a normal strategy now and there is nothing new about that .
and lol , you are not allowed to use local language in english section like this .

I'm firmly holding onto my bitcoin investments. Even if the price of bitcoin exceeds $40k by the end of the year, I don't believe I will be selling anytime soon. Am only paying attention to the long-term objective of my bitcoin investment.

If I may say so, considering starting a business for your wife is a smart choice. At least you made profits because you sold your bitcoin when its value was $28,000 more than when it was $27k+.

Now bitcoin is fluctuating between the price of $27k+ you can reinvest if you want to and sell back when it crosses $28k(be doing dca)

We can't just conclude that we are In bearish market or neither bullish fully because the way I'm seeing the market it seems that it have positivity,  but should not let us to conclude that we are In bullish season because the increment of bitcoin can decrease anytime and any our, so that's while a good trader who knows how to analyse cryptocurrency market can't conclude once that bitcoin market is on bullrun when it has not gotten to the initial point or value it from decrease from.

We are beginning to sense a little resistance that is stopping it from getting to 30k this could be a selling pressure holding it down, with what I saw last week was thinking maybe bitcoin would have touched 30k by yesterday or today. I think you made a point there, that means there is every possibility it will go a bit down before gaining it strength back to touch 30k maybe it might take from now till next week which is month of April.
Usually it's very hard to predict price action.

The bitcoin price often makes us curious, sometimes the price we think will continue to rise but what happens is the price goes down, or vice versa when we have sold all the bitcoins because the price is hard to go up and keeps going down but the market goes up and makes us regret it, as investors of course we have to have deep experience to be able to profit on bitcoin, and I think the most important thing is to always be patient.

We were all psyched when the price of Bitcoin was plummeting. Everyone faced a lot of losses then, but there was confidence in the mind that the Bitcoin market would rise again. And since then patiently invested trust and just waited for the Bitcoin market to grow. And finally, when the Bitcoin market was slowly moving upwards, we all had a smile of success in our minds. When the Bitcoin market starts to grow, there is a joy in the minds of all investors and a big change in mindset. And when the Bitcoin market starts to grow, the most exciting moment for investors is then.

I have been thinking about the Bitcoin price alot recently. Just where we will be in the near future and the far out future. To decide if now I should sell some because I did read we will see price of Bitcoin fall down to 12k and lower.
It was 10 years ago on this date that price of Bitcoin was $100. Today price of 1 Bitcoin is $28,000 so that is 280 times more then it was 10 years ago. I think what does this mean price will be in 10 years from now 2033.

The current bitcoin price looks good and promising so it's worth waiting for the next big surprise, the increase that occurred is almost 50% compared to 2022, of course we should be grateful and in my opinion hold it longer or until the end of the year then we have a chance to get bigger profits.

That is if people can still hold onto their bitcoins and not panic if a correction comes to the market. But that shouldn't happen especially if they manage to buy bitcoin for under $28k and they just have to hold it. If that's the case, they could leave the market for a while as it doesn't look like the price will ever drop below $25k again. However, they should remain wary of the fast dump that could occur so they need to raise the alarm to buy at a lower price.

great idea, opening a real business from bitcoin investment profits is the right decision, maybe you have to divide 50% to invest again and 50% for business. thus you have 2 sources of income, bitcoin investment for long-term income and business to meet your daily needs. Everyone should have the same mindset as you  :)

Just to add here a bit, only do business if you are confident in it. You can't just get a source of income from any business, instead you can loose a lot of money if you are not dedicated and give time.

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Maybe I got a different opinion because for me, I just trade btc and reinvest the profits again at the lows and Im never upset with my strategy till now. More profitable than any business I could do :)

It seems to me that such an idea is very commonly used by many people now, and it is even not uncommon for someone who likes to open a real business by taking advantage of the profits he has earned through other things such as crypto. I still use 30% of my capital to invest in Bitcoin with a long term duration and I also get some of that capital through profits from the trades I made two years ago.

Besides that, I also put 40% of my capital into the business that I'm running now to be able to continue circulating my money to achieve more passive profits. Even though I still like to trade on several exchanges to continue to increase my income even though I only put 30% of my capital targeting short-term profits because I will also use these profits in the business that I run and also to invest in Bitcoin.

Only newbies will think that the price will continue to rise forever but experienced users already know that Bitcoin is volatile and there are two cycles here namely the bear and bull that needs to be followed. When Bitcoin is already experiencing a bull run, we must sell now if we want to earn a profit, if not we can continue holding. If Bitcoin is in a bear market, we can expect that the price will eventually rise but a bear market isn't also the best time to sell a coin. It's only good for accumulating.

Just because you read it doesn't mean it's going to happen. Personally, I tend to ignore any so-called experts and predictions and proceed as I believe is best. Although the current financial state isn't the best, with banks failing and inflation and interest rates on the rise, Bitcoin is unlikely to crash that low. The market is volatile and unpredictable, but I find that claim quite excessive. We'll see how it progresses in the upcoming months, but I'm positive that Bitcoin won't go through such a severe crash.

You are just basically trading and if you can make money from it then it's for you but remember that trading is not for everyone so it's better if they find their way of making money. But investment in Bitcoin is still the best imo though since you can't see such investment would grow too much when there's a bull market but it also takes some time before the bull run would happen the same as the bear market too.

But I like the cycle of Bitcoin that's why they said it's very volatile because no one could actually guess the right price and at the same time the price is moving up and down. Be it a FOMO or FUD.

It's obviously not a good idea to start a business first without a proper business plan and evaluation of each and every situation and outcome that can be faced after starting the business, and it should only be executed if everything seems possible and is set to work just as planned, otherwise, it will only go in vein and the money will be lost.

About Bitcoin trading, I partly feel the same way because I find it relieving and it probably will also allow you to have more free time if you are a full-time trader and are earning a living through it. But, I think it's only possible if you have a pretty big capital, to begin with.

I think the thing that determines we can be profitable is patience, as long as we can be patient and not panic then we can get big profits, now is a good time to buy because the price is only about 40% of the ATH that happened in 2021.

actually it is not our concern if the value of your wallet is how much because it is yours and also the business your planning is also yours .

but about the price of bitcoin now? it is considered to be stable and safe to invest in(hope that you will consider holding than selling)

Congratulation for the profits. Starting a business from your profits is a great and common idea but not many would follow.

As for the price right now, it's at 28500+ which isn't really that bad. Right now I'm still not sure whether I should start getting into futures again since I'm still not that confident about how I create my trading plans. Honestly, my chart's are a bit messy staying safe on spot really saved my capital a lot, lol. Was even able to gain some profits which would have been losses had I gotten greedy and did futures. I'll just have to wait and see till mid year and just decide by then whether I want to go back trading on futures or if I should just stay on spot. Just can't find the best trading style for me yet since none of the things I watch online makes me feel confident enough.

Bitcoin price has been perceived as a bull market this month by many experts. And slowly the price of bitcoin is increasing which is good news for bitcoin investors because those who invested in the past just like you are now reaping many benefits. Like you have thought of opening a business for your spouse and many are ready to reinvest part of the profit as the price of Bitcoin will increase further in the future. The more one invests in the present, the higher the number of funds will be seen in the future, all such benefits will be dividends.

Market analysis shows that the Bitcoin market became overinvested in 2021 when Bitcoin was growing rapidly. But later on the Bitcoin market came down a lot but it started to rise again for a few days. I have long believed that Bitcoin will touch a new milestone within a few days. So I think investing in Bitcoin right now is a good bet. so at this time it would be wise to invest in Bitcoin and hold it for the long term.

Indeed, the price of bitcoin had risen to the area of $28.7k a few days ago. But now the bitcoin price is back down to the $27.8k area. Therefore, it seems that in April it cannot be said that bitcoin is in a bull run phase.

Running a business and investing in bitcoin is commonplace and is mostly done by people who want to grow their wealth. Having two separate sources of capital for bitcoin business and investment is a good strategy, as each carries different risks and potential rewards.

Business capital can be used to buy household goods, pay rent for business premises, and other operational costs. In business, this capital usually generates income from the sale of products or services. Meanwhile, bitcoin investment can generate profits in the long run. Bitcoin investments usually have a higher profit potential compared to businesses.

So dividing capital into two for business and bitcoin investment, then we can reduce the risk of losing all of our capital if the business suffers a loss or bitcoin investment does not generate the expected profit. In addition, by having a diverse finances, we can achieve long-term financial goals and increase our wealth steadily.

The DCA pattern is one of the strategies that people can apply, this is directly related to some people who don't have big capital to buy.R.invest a whole lot into bitcoin especially now that the market is currently experiencing some steps of bull trend to actually encover the actual definition of someone been rich.Remember the price always fall and rise no one can predict the position of Bitcoin.so the best thing to do is to prepare for both, when the bear market comes you risk,and when Bitcoin comes up you take advantage of the bull market.,The current price of bitcoin is just a third of the ATH of the moment.Is only those who they convince to bitcoin that don't understand bitcoin,and those who just heard about bitcoin,that bitcoin helps many peoples life, because of that they fall into cryptocurrency without knowing the in and out, will think rise forever.

BTC is still sideways, back and forth but not moving in any direction particularly for more then a day.   Only the higher time frames give any clue, we bounced from 200 day average and are working our way back through the volume that was the previous lows.  I think its positive just not very fast in progressing.

If I understood you very well you are saying about using the profit you make from bitcoin investment to open a business for your wife. This means thay your bitcoin investment capital is still intact and could still generate more profits.

If that is the case, I have no problem. It is your decision. Keeping your profit in Bitcoin for it to rise further and using it to open business to make profit in other ways, which is a kind of diversification is also another good option. It is all left for you. If I were you, my bitcoin investment and profit will remain in Bitcoin until we have a new all-time high in Bitcoin.

Go ahead if that's your earlier plan before investing in Bitcoin, we're all thinking of profit, now that you realize it, you still need an offline business to help your household with your daily needs because there's no guarantee of profit investing in Cryptocurrency, you know the saying, only invest what you can afford to lose.
But of course, you should still need to keep your portfolio, a portion of the profit coming from your wife's business can use to buy back Bitocin hopefully at a lower price than you purchased it.
When it comes to investing in Cryptocurrency and managing your portfolio a backup business is necessary so you can keep your portfolio intact in times of the bear market.

Patience is just about everyone who is willing to wait for the high price and the best price before selling it. Because what determines everyone's profit in any case is an increase in price that is far greater than the price he bought. Although it must be waited more patiently to see it more clearly because without an increase in price everyone will not get any profit even though they have been patient for a long time

But the tendency of those people is that, a little spike on the prices in the market makes them panic. As what I have always told my friends who are buying bitcoin on their own leisure "stop looking all the time about the prices on the market specially your holdings", and "it is enough to look at it once in while to check for updates and to check whether your wallet provider has new updates or show the pop-up notification to make it easier for you to notice". I always told them that if they have nothing better to do, find something better to do. If you are an investor and you want your day to be more productive, find something that you can spend your time and energy or learn new knowledge related to that, coz aside from it distracts you from looking at your holdings, it will also hone your skills or even gain more opportunity to earn money whether you'll invest that money or spend it anywhere else.

Sometimes the trick to being patient about investing is "forget it, but not actually forgetting it".

Because of the price of bitcoin has drop to $27 that does not mean in April the price of bitcoin won't be in bull run. Bitcoin is volatile it will always go up and down,  bitcoin is down right now it doesn't mean it will remain in this amount or still go down through out the month of april. Even the period of bull the price will fall but it won't be on the fall for a longtime. I think the price of bitcoin might still rise again.

The bitcoin price is of course a very important thing because it allows us to make a profit or loss, as long as we can be patient and hold on for the long term then we can get big profits, unfortunately most people are impatient so they miss the opportunity to get big profits.

Those who are impatient and miss opportunities are bad for them but good for us. Without those people, there wouldn't be anyone selling cheap bitcoin to long term investors like us. While it may sound harsh, this is a financial market, and we need to be realistic with each other. Only the strong can receive the reward.

sometimes they are not impatient but have needs in life that cannot be postponed. you have to believe that everyone believes that the price of bitcoin will continue to increase and bitcoin investment is very profitable but the necessities of life such as economic problems make them forced to sell bitcoin. I haven't found anyone selling bitcoins on the grounds that in the future bitcoins won't have a price, except FUD maker.

Profit is something that no one can guess. Meanwhile, losses are something that is certain and cannot be denied, so you need patience to be able to get profits, even though it is also not certain that you will get it within a certain period of time. And because profit is something that cannot be reached precisely in terms of time, that is why everyone is highly recommended to use money that is not used on a daily basis when buying Bitcoin or when investing in Bitcoin.

there are people who couldn't swallow losses, and adding their unstable emotions they will end up having wrong decisions on trading. this is what I mostly see specially in new traders or investors. sometimes too they wanted to get fast profits which lead them to be more panicked whenever they see the market changes even a little coz they have accepted that they are risking money but they are prepared yet or their mentality isn't ready to imprint that there will be spikes on the prices and more often if you'd see.

This is a very common mistake which many traders make, even the experimented ones, there is no guarantee when we trade, every time we open a position we must acknowledge the fact that we can lose money, anyone that trades thinking they are never going to lose are going to end up disappointed when that is not the case, and even worse is that they will make movements that are mistaken and instead of cutting their losses short they will either hold too long or use leverage and increase their losses geometrically.

the idea of business for your wife is good one and there is a high chances for your money to enhance if you handle the situation Wisely. The price of bitcoin changes on regular basis so its up to you that how you will take decision during these circumstances so active mind also matters a lot.

I think you should keep hold your bitcoin until the price become triple that of the current worth so you will easily set up up business for your wife. There are lots of other coins but as bitcoin is beneficial and trustworthy coin and attain the higher cost so there is no other coin that will do the same.

Bitcoin investment is also like a business so I think you can buy some bitcoin for your wife and teach her about the advantages and disadvantages of bitcoin so there is no any other business better than bitcoin.

Unstable emotions cause wrong decisions for even old users as well and not for the new ones, and it becomes difficult to digest the losses when they are caused only because of your emotions and not because of the market in general. People who don't get emotional and make hasty decisions tend to have lesser losses.

New users and those who are emotional panic sell as you said, whenever the price starts dropping from where they've bought at, their mentality is that their portfolio should stay intact or just grow and show no sign of dropping at all.

There would be no exemptions if we do talk about emotions which neither we could really be that impulsive on particular situations or scenarios or would really be that just relax and calm since we do know on what we are

doing. One of the things that would really be putting you up on edge is on that particular condition on which you are already that knowledgeable or have the ample experience on doing such stuff. If basing up on OP's
mindset and been aware on how volatility works then he does know on what the risks involved is. All of us does really have that kind of impression about on worrying about price drops but
if we are that someone whose been that prepared about possible circumstances then it wont really be that much of an issue.

Once you do step your foot into this market then you should really be making yourself get prepared on what are the possibilities about volatility facing kind of conditions.
You cant really be that just making some careless decisions on it.

I totally agree, over confidence may negatively affect on Trader’s decisions and that could cause awful results. Furthermore, it is preferable to expect the unexpected events and scenarios even when you make good decisions ( from your perspective) Plus, accept the failure ( loss ) and learn from your own mistakes. The more you gain experience in trading, the less mistakes.
Moreover, you should adapt yourself in every new condition. At the beginning, read the market and then use a strategy that suits the current situation. , in fact, crypto trading requires knowledge, discipline and patience , these are the main keys to accomplish success.

This is why trading is often compared to an art rather than a science, you cannot simply say do this then do that and you will become successful, trading is not that easy, it is true that it has quite a significant amount of mathematics and that you require a lot of skill and experience in order to become good at it, but at the same time it requires a little bit of something that cannot be measured, that cannot be trained and that you either have or you do not, and unfortunately for most traders they simply do not have what is necessary to become a good trader.

The best approach to follow the current crypto market towards bitcoin is to apply a DCA strategy. For a long time, the price of bitcoin has been fluctuating between $27k- and $29k. Using a DCA strategy will enable you to gradually withdraw your investment's profits as you wait for the bull run to begin.

I would classify the current price of bitcoin as being in a correlation stage rather than a bull market right now.

Many people hope the price of bitcoin will skyrocket and reach $ 100k soon, but they don't buy when the price is cheap so what happens they will regret it if the price of $ 100k has happened, when the price is cheap like it is now the best thing is to buy as much as we can, but remember that risks can occur at any time, so when buying, only use the money in your pocket.

What makes trading hard is the idea of you don't need to know what the price will be because there are thousands of combination that can affect the price and the most important thing you should have is plan regarding when you will entry, your cut loss point, your value at risk and how much money you will put. The myth is people think that trading is easy because the of the idea of buying low and selling high. In actual reality, it is hard to execute and you need to have a lot of past price movements in order to make it as your data to rely on and make the execution smooth. Every professional traders knows that it is not about your skills regarding technical analysis but rather it is how you perceived the information that the market gives to you and also how you will execute your plans without a bit of hesitations.

A lot of traders especially those bitcoin traders thinks that their technical analysis skills will solve their poor trading performance, the real key for trading success is in his mind which is how he is thinking before, during and after the trade. Becoming a good trader is hard because you really need to focus on trading psychology and not improving your technical analysis skill. This is the fact and I also thought before that I should know what the price will be in the near future but this idea is very wrong because you cannot perceive the information what the market is offering to us.

Indeed, the price of bitcoin still has the potential to rise again. But it seems that so far we have not seen if bitcoin is in a bull period because the current increase in bitcoin prices is not very significant. Therefore, let's take a look at how far bitcoin's price has moved so far this year. Will the bull run period come soon or not.

Right now the market is clearly ranging as it is unable to take a clear direction as the market participants themselves are undecided about where the price should go, an increase on the price is possible however we are still so far away from the halving that people are hesitating to buy more at the current prices as they are expecting for the price to be lower to make their purchases, and with this in mind it could take some time before the growth people are expecting actually materializes.

That's greats because these days doing job for both male and female are necessary as everything is so expensive that a single person cannot tolerate it. Putting money into bitcoin is a good idea and as you have profit from investment in Bitcoin so I think that you have a knowledge about bitcoin and crypto industry and its very important.

Select that business for your wife which you think that your wife has some experience about it and have interest in it because without taking interest one cannot work well. You think well because in hard work your wife will helps you in sett off utilities of life.

That's why every bear market looks the same on the charts. There's more and more people slowly buying and getting used to the price being stable after breaking out from the bear market downtrend.
It goes slow at first but then, when it doesn't crash for months, more and more people decide to buy and increase the demand more and more, until a price reaches a significant pivot point, like a former ATH, at which point everybody comes in, throwing their money at exchanges, but there's not enough liquidity to satisfy them all, so the price goes up exponentially.
It's the same every time and it's going to be the same this time.

well, currently the price of bitcoin is trying to break the 30,000$ and for that reason every time it fails to break the 30,000$ it drops to 27700$, if it continues like this then it will only have two ends, the first would be that it would be able to break $30,000 and then break $31,000 to reach $34,000 and then it could start a big price increase up to $39,000, but if the price does not manage to stay above $32,000 then it it can drop to 26000$ but it won't drop so much to the point of going back to 19000$, at least in this part we are sure that we won't see the price reach 15000$ again

now about what you talked about taking your money that you invested in the cryptocurrency market to open a business for your wife, well in my opinion doing business in the real world has always been the best choice, that's why I agree with your decision, because with the price of 29000$, the maximum that someone can make a profit by doing hodl for the next years could be a 3x profit, it's not a bad thing, but you have to be aware that you have to have business in the real world and not just count with cryptocurrencies. you also need to make sure that you are married in the notary to your wife and with property sharing, because if you are not married, then on the day you separate she will be with the store and you could be left with nothing

Bitcoin will take its time, this month it will stay within the range of $26k - $32k, it may go lower than $26k but I don't expect it to go beyond $32k soon since there is basically not much buying pressure as you said people are speculating a lower price range for them to start buying and as long as that market sentiment stays, we will see a stable price.

Everyone has the mindset of buying a month or so before the halving because they think that halving is the ultimate target for the bull market and it will start right after it which might not be true but buying pressure at that time will surely do its magic.

Many people want to see the bitcoin price reach new ATH or even $100k this year, I'm sure if the $100k price happens then we will think and regret for not buying when the price is cheap, now the opportunity comes, the current price is only around $27500 and if one day the price can reach $ 100k then we get a big profit.

Thanks for reminding that and we also have the option to exit at any price to sell back our bitcoin holding status. This is a period to collect bitcoins and my advice is that you can be consistent in continuing to collect bitcoins.

But I didn't get much information from your post, how did you get profit in the current period, because what I know is that if your investment amount is small then the profit will follow the capital adjustment for now.

That's a great start for your wife and I'm sure she will be quite happy with this, because after all we will end up making our family happy with each other's abilities. Having lots of bitcoins and treasures will mean nothing, if you don't use them for family happiness. Congratulations OP and I hope your wife can develop this business well in the future.

The market has no buying force does not mean bitcoin has no chance to bounce, let's not forget the market beyond pure investors like us is still full of sharks, and market manipulators. If people are adamant about not buying at this price and waiting, chances are the market maker will push the price creating Fomo and making people buy high for fear of missing out.

Waiting for a lower price to buy is a bad idea when we have DCA strategy. Many also missed the $16k price point as they continued to wait and expect bitcoin to drop further last year. Don't let the mistake repeat, and you have to buy at a higher price than now.

For those who have large amounts of bitcoin, of course the price of bitcoin will be helped almost every day, in 2018 I have bitcoin worth more than $ 20k I check the price at least 3 times a day, there will always be a feeling of fear if the price of drops so that it makes me sell 80% and with I can hold the remaining 20% until the long run and when there is a fantastic increase in 2021 then with $ 3800 to more than $ 30k.

In my opinion, while a tool like Your Bitcoin Mindset can be useful for calculating the price of various assets in Bitcoin, it is important to combine this information with other factors and cultivate a sound investment mindset to make informed investment decisions.

It is true that regardless of the price of bitcoin it is important to develop the right investment mindset in bitcoin. Long term investment will give a good return. One of the benefits of investing in bitcoin is that the investor can profit when the price of bitcoin is high. bitcoin should be considered an uncertain investment and its value can go up and down. Also, there are risks of bitcoin hacking and crashes and should be fully clear before investing.

The price of bitcoin is always dynamic and often makes surprises, it seems that happened with January and March which rose significantly, and in my opinion this is not the last and will happen again, the pump will be easy to do from whales so that many people regret selling at a cheap price.

$20k is a huge amount already and such a feeling (worries) is likely to happen especially if you keep checking the market. But if you are a long-term investor, it is not necessary that we have to check the market every day because the more we check and see the up and down of the price, the more we feel something different and it influences the way we respond to the current situation. We should have to trust our invested coin and believe that it will grow a few years from the time we buy them.

Everyone's hope, of course, wants to see prices continue to rise, unfortunately people just hope without doing anything, when prices go up they regret not buying at low prices, and when prices are low they are afraid to buy again because prices will continue to fall.

This not a debate hall that you will be greeting people like argumentative essay.
I believed all the active users in the forum and bitcoin is aware of the price of bitcoin at this time.
Well nobody knows when you started your investment so you know how much profit you have made. If you started your investment when it was $16k then you use it to open a business but if I will advise you should still wait for bitcoin price to go up.

Lol, you do have a good cynical mind, that will make you better in the future, could be money, could be fame, whatever you use it on basically, it will help you out, it will not make you happy of course because a cynical mind is one that looks for everything that is doubtful and search for truth instead of being happy with what is, and look for what could be instead.

That is why I do pity all of us who have it, and it also makes you not being liked all that much neither, people could be around you, but being cynical to all they say would end up hurting you a lot more and will not make you loved by them all, people enjoy others to just approve them and love them. In the end, you are right, and all your answers are correct without a doubt.

Yes exactly that lots of people are facing troubles in life due to their weak economic system therefore they sell their bitcoin so because of this it is necessary to invest little amount but that amount which you don't have need for everyday life. Although future is unpredictable no one has any idea that what will be their economic status in future but one should think and plan for the future.

Certain rules should be follow for the future because if without planning you enter to certain field then success become difficult in that field. If there is no other way to cover the uses then selling bitcoin is not a bad idea because people make investment to be used for future.

In order for a person to reach his future goals, he must overcome the difficulties he is experiencing now. If he has to sell his Bitcoin in the face of a challenge, he should. Life never stops. Bitcoin will always offer us opportunities. If not today, tomorrow or later. Opportunities will always come our way. But let's not forget that we cannot reach tomorrow without living today. What we need to do is sound plans. Solid steps to realize these plans.

Difficulties in life can befall anyone without predicting when these problems will come. But every problem must have a solution, including overcoming life's difficulties, a firm attitude is very helpful in stabilizing finances, including selling Bitcoin.
When the difficulties of life are overcome, the mind returns to work normally. You can carry on with your normal life including getting Bitcoin back. A good plan always leaves positive results, never be afraid to sell assets that are considered the most valuable to get out of life's difficulties. All of that can be recovered when finances are stable again.

but sometimes a person also doesn't understand life,
he has made a profit from bitcoin but never sells it and ends up being bullish then the dump happens and doesn't get any results,
indeed a strategy is very important for us to do when investing, especially with a high level of risk like cryptocurrency.

If we look at the current market situation, of course I will make bitcoin a long-term investment or at least another year when the halving day occurs, I'm sure early 2024 will explode because the halving will occur in March so ATH will occur again in February or March.

I think I would prefer to be that guy. Because if I buy a lot of bitcoin and become wealthy but do not sell so it dumps, then all I have to do is wait, there is a recovery there and the potential to be wealthy again still is there. Which is why waiting and then losing after that is not really an issue unless you sell.

Obviously if you sell and get out then you are going to be doing a lot worse and I would suggest not doing that, it would be smarter if people just ended up spending some time buying a bit earlier and selling a bit later. I know that too many people sell when it goes down, but they shouldn't, just wait and it will recover and when it does you can sell and get richer again, would make sense that way and it is not something to regret.

Everyone would prefer whatever is richer than they are currently, but I believe that we should be looking into what we can be doing and not what would be good in a made up scenario.

I know myself, if I ended up buying at high, and it drops, I would do DCA, I know this because it has happened before, during this dump from 60k+ price, I started to buy at 40k and been buying ever since, bought from 40k at top to lowest 16.5k as well, so I do think that it is fine. Unfortunately after series of events I have not much, got a bit recently thanks to my boss, but in the end I know that it is a good period to be on. Do what feels right to you, forget about what others are saying, and just think of what you would do and how you would feel about doing that.

Bitcoin price will always have a direction either it goes  up or down and the profit level of anyone depends at what price he might have bought. Wether the price falls we all know that it would at some point rise which is why so many investors are so determined on holding and with the expected bitcoin halving that's to take place so many investors don't really see the selling of their coin as good decision right now.
It's good to always diversify our investments multiplying our sources of income as it puts you on a safer angle to fellow that is dependent on a single  source of profit. As you take your profit to open a business for your wife make sure the business is a lucrative one that your wife also have passion for, because it's one thing to open a business another thing is to run it well that it yield good profits.

If you are considered to be a HODLER then you will never fail expecting from the fruits of your investment  and strategy? HODL Iis one of the best that crypto investors has and if  you don’t consider this then you are not familiar in crypto investments.
If you cannot risk in crypto  then never invest this market

Regardless of what the date is, others says it will be April or even May, but as you have said, as a long term investor, even if the current market conditions is not that good, we still need to stay with the market through thick and thin. What I mean is that we should learn how to take advantage, if the market is down then we should buy more.

Or the best strategy? Just do DCA till the halving, we still have at least a year to accumulate and fatten our wallet. I think at the end of the year we might see a good bounce around $40k. But still we are not going to sell, we will have to wait like 2024-2025 massive bull run because the chances are high to hit another all time high.

You are speculating baselessly and really beyond my reasoning, so it makes me want to know how you will predict the future by guessing ATH and halving on Bitcoin in the next year? Because I don't think you have the magic to see this from now on and one more thing is that long-term investment is not only for a year, because for me a year's investment is an ordinary investment whose duration is very short and now try to express fantasy you are more logical about ATH and halving.

Using your real Bitcoin profits to open a business for your wife is a real endeavor. To share a picture of your electrum wallet balance, it may not be advisable to do so for security reasons and given the current state of the market it is a good idea to prioritize caution and make an informed decision as we navigate the Bitcoin market.

As for your plans to open a business for your wife with the profits you've made from Bitcoin, it's great that you have entrepreneurial aspirations. However, it's important to approach such decisions with careful consideration and planning. Make sure to do thorough research, create a business plan, and consider the risks involved before making any financial commitments.

In my opinion, the current month and period tends to be a bull period or an increase in the price of Bitcoin. We should check CoinMarketCap frequently for the latest information on Bitcoin prices, which is a good way to stay up-to-date on market movements. However, it is important to follow market developments closely and analyze the information obtained before making investment decisions in cryptocurrencies such as Bitcoin. Always doing thorough research and finding reliable sources of information can help you make an informed decision.

You don't even need to stress yourself about going to Coinmarketcap to check the current price of Bitcoin when you can always che k your wallet for the price without stressing yourself navigating for the price of Bitcoin. We are in the bear season and it time for us to expect the bull movement of Bitcoin that woukd be coming to us soon. I am very happy that op had in mind to invest part of the profits in made in Bitcoin to invest in physical business for his wife. It seems that we are in the night of the season and when the morning comes, we are going to see what the bear season has for us in full package.

As we are holding long-term, it was not necessary to keep checking the value of Bitcoin every day unless we are a trader. Checking every day makes a reason why some got panic when drops come, they'll think that it never rises again. Real investors don't often check their assets as they just gain information fro the news and rely on trust that Bitcoin will rise and be bullish every 4-year cycle and when the time has come, that's the moment they will check on it. That's how they manage their investment, unlike us small players that we keep our life busy checking every day and stress ourselves.

It's true, it's easy to build a business, but if the business building area is not studied, the capital used for the business can be wasted for sure. The products should still be based on the place where the business will actually be located.

Maybe because later on, the community prospects will be small, and the market will be insufficient, this is where you will see that the business will not be popular and will only last for a few months, and eventually, it can also be closed, the result will only be losses.

Yes it's true that now a days single salary is not enough for whole uses of life so the decision of setting a base of business for wife is profitable. Diversification is beneficial in one case that if in one business you face some troubles then surely in other business you will have profit.

Benefit of setting business for a wife is that she will helps at each and every step of life so its not necessary that only male will earn money but female should also get financial freedom because they also have some desires.

Another benefits of taking profit from bitcoin and set another business is that you minimize your losses because bitcoin is volatile in nature so whenever it gets down in price you will have no worries about the down movements.