Bitcoin Forum

I have long read the best investment tactic is to never buy when the price is climbing.

BUT alas!

It first crossed 20, then 22, then 27, then 30, then 32!! Then now it's nearly around 35 and I wanted to take a little risk.

The only graph I see flattening is "Bitcoin graph"

Reason I did invest right now:

The vaccination is on the way
The market is going to improve soon
Some people have already started getting them
With the improvement in market the investors will pool in
The price will rise further!!
Even if we see some minor dips I do believe that they will be sorted out in a matter of weeks , because right now I do think bitcoins successfully captured the sights of the industries and the investors.

Am I the only one who brought bitcoins right now ??
What did you do ?

I actually took risk in my life for the fist time, 2020 have been risky enough, even getting milk and groceries meant you were at the risk of getting COVID and approximately 5% chance that you gonna die. So I thought why now ?

I know it's not a wise decision for sure because I would have to take those savings out soon in a matter of months since for our country there is no such thing as stimulus! Therefore till the lockdown completes the responsibilities have to be taken care of.

What do you think is going on with the market ?
Can we pass beyond the 40k resistance??
How far is the bull run for , or maybe this time it is going to be stable around this price??

Definitely not. Check the history on all exchanges and see how many are buying.

$40K wall will be eaten sooner or later. Some people have been calling for BTC at $100K since last year and it's not far fetched anymore when we saw institutional investors buying in huge volumes.

BTC can move sideways at times but it will never have a stable price since nobody controls it.
It's not like USDT unlimited token minting and burning. 
 

I chose to sell bitcoin. In my opinion, seeing the price of bitcoin as if it was going to the top was just my perception that if you have your own perception it's your right.
predicting the market is very difficult, for sure the market is now better than in 2018 yesterday.

Everyone has its own strategies to buy and sell but according to mine I won't buy right now because this is not the right time but I can short bitcoin from here with leverage 2x-3x

Yes, we are buying and selling Bitcoin at the moment, even though the price is already $ 34,426, what we can do right now is trading/hour and day and also monitoring the movement of Bitcoin in minutes/hours.

The chart also determines the good trading opportunities we do, as I did in the past 24 hours Bitcoin fell to the level: $ 31,214 and now goes up again to the level: $ 34,508, that is: 3,294 is in sight, that's what can be done now, not waiting for a long time.

Monitor the Bitcoin price movement continues, buy/sell is done.

The price is high, personally i'm selling  ;D

I used to use bitcoin for buying products and services only (cause that's what it was designed for), but i'm still stuck with a mortgage on my house and the price is soooo high i got tempted, so a couple thousand for a partly early mortgage repayment doesn't hurt :)

Buying? I guess that's not the right thing to do.

Bitcoin is in bull run, we should not be buying, instead we should be selling and don't be greedy.
It's okay to aim more, but we should set some target to sell, avoid being greedy so we will not regret.

Actually it's still possible that the price will continue to rise, but there's more possibility that it will fall down again.

I tried to find the right time to buy but it always stressed me out. I just do DCA since a few months ago and the current price doesn't really bother me or tempt me that much to buy more. I'd stick with my plan and manage my assets with little to no distraction.

If you're it in for the long term, I guess buying now or later with DCA doesn't really matter, as long as you only spend the amount of money you can afford to lose.

Indeed, making this decision was much more effective than expecting more in spite of the fact that it would have cost the $ 40,000 that many had estimated. I sell bitcoins for $ 33,000. It is feared that there will be a sudden exile and become a constant regret. it's about my decision, not a satisfaction perspective, because I believe that no one is satisfied with taking advantage, except always wanting more.

My suggestion is to get comfortable taking risks, but take calculated ones. Without risks life is not worth living. Living safe won't bring you happiness. You need to get outside your comfort zone. Gather knowledge, acquire skills, practice and eventually attain your dreams.

Personally I think it is more risky to not get into Bitcoin and suffer from the constant loss of purchasing power. Your net worth allocation depend on your knowledge about Bitcoin, financial situation and of course your age. Yo can see that people are buying. When price is going up, there are more buyers than sellers and vice-versa. ;)

I guess people buying before and right now because they want to make a profit. I am also buying some bitcoin whenever the price is down, but I do not buy directly because it is too risky.
The price can go up and down anytime, which makes me feel confused to determine the right time to buy.
But if we want to buy and hold for a long time, you can buy when the price is down and hold it.
I am sure we will pass $40k and even higher, but we need to be patient while selling some if we want while the price is at a high price.
No one will know how far the bull run, but it could be stable for a while before it breaks another high price.

At least you are honest, however, I don't think that we have reach the top yet. Yes, predicting the market is very difficult that's why we have our own opinion. While majority really see that we are going to see another massive bull run this year, while for sure there are others opinion that we can go down similar to 2018 because we have reach the ceiling. I do hope that no one will regret their decisions selling this early on not buying because the price is going up.

No one can say how far we're going in this bull run, if someone can predict the price accurately, then for sure they'll have a lot of profits in the future. What we're sure is that Bitcoin price will surely continue to rise, that's why countries and even some people are in the FOMO fever right now because they are slowly realizing that investing their money in Bitcoin is much better than putting it in bank.

People who knows how to Trade will always make profits whatever situation of the market is, that's why technical analysis is a good foundation for someone not to buy or sell their Bitcoin blindly to avoid profit loss.

Sir i have to buy some bitcoin Which exchange is best and trusted when bitcoin falling I'm waiting for buy

I'm not taking the risk these days, I did an early sell off some of my BTC before it reaches $20k and sold the left amount at $25k.
I'm not expecting the market got crazy like this and probably because I was so blind and not to see people are buying more. But somehow I feel no regrets by then, I've gained some profit already, and that was enough.

What I do now is to wait for the market to settle down and do the buyback again. It gonna be a long wait, possible.


You better check https://www.binance.com/en. It is a known and reputable exchanger, definitely, you can fully trust them.

yeah bro, am tempted to buy but am thinking what if i buy then the price start to crash, like you said, it is often said never to buy at the top but i guess btc is an exception because since right from 20k i am struggling with my decision to get all in, i only did a small investment thinking it will correct anytime soon, but alas! that's not the case, instead the price keep rising. :'(

It's the time to sell bitcoin since correction might occur in the next few days and it'll be a huge loss for you. It's not the right time to buy bitcoin, it'll be worthless soon, too much risk on the line but who knows, it might still resist until $50k. The practical way is they should wait for the correction so we can buy bitcoin at a low price and wait for many years again.

I've noticed that in exchanges, there are a lot of buyers of bitcoin but I can't blame them if they want to join the current hype but it's too late.

Yes I am still buying even though I am also expecting a form of a correction period anyday now.   I just wanted to spend my fist before I spend it on other things.
Hoping there wont be a correction until bitcoin is priced at 50k but lets be honest we dont know for sure what will happen.  Im still expecting one.

If you constantly think about buying or not buying, then you will never buy. Just yesterday I just took and bought myself some bitcoins. Those who do not take risks will never have a yacht.

No, i don't buy now, I wait for some correction which should come, BTC went too high too fast right now.

No, its too risky to buy now because we do not know when will the market collapse. Who knows that there are transactions there already waiting to be confirm by the miners. Besides, if a bitcoiner really wanted to earn thru investing then it might be a good idea to start investing when market for bitcoin to go down. There is a higher assurance that one can really earn so high like to what happen to others who invested earlier.

I have the exact same thought. I thought it's gonna plummet when it hit the 21K mark but apparently I was wrong. And I'm still anxious to buy since it's already fluctuating between 29K and 34K. So, it will take a lot of courage for anyone who failed to buy early last year to buy now.



Apparently, you're not the only one. Because it wouldn't have shot up that high if no one else is buying. But I bet many of those buyers have been buying and holding since last year so their risks are manageable.


I believe we can. Just a few months ago we were asking if bitcoin will hit 20K again, and it did.

this should be the right moment to sell but unfortunately there are no coins in the portfolio. will i buy? I think it would be better if not to buy now. not mean to be pessimistic, but after a big spike, there will definitely be a moment to fall back after the price is continuously pumped because that's when bitcoin holders will sell. from this, we've got a lot of things, that bitcoin is bound to be a big increase. So when prices fall, it's not time to panic but time to buy.

I personally have no plan on buying in the meantime and actually, I already sold some of my bitcoin recently. Though you have a point that it might increase even more but it's a bit too risky for me since we're also expecting a correction. Right now, I'm into altcoins because bitcoin is too high for me. But I hope that we still keep getting new ATH, and might as well reach $40k.

To be honest I want to invest right now but the problem is the timing. It is still pandemic and there are a lot of things I should consider first including my family and my partner. Things we needed are getting expensive and to survive this we need to disregard the things that we want and just buy what we needed. I can't invest not because I don't want to, but because I can't.

Undecided?

I see this thread here : https://bitcointalk.org/index.php?topic=5304522.0 asking if people are stupid when buying BTC at price of 27k... then it jumped up to 35k, suddenly those who bought at 27k weren't stupid anyways...

so ask yourself what's different ? 27k vs 35k right now... are you stupid for not buying at 35k when BTC hits 50k or 100k ?

Interesting times. If you are buying from these prices it means you are ready to hold someone else's bags for multiple years. It can go even higher for sure but the questions is... will you be able to get out in time? If you are cool with being a long term holder, why not? Go buy.

I thought there was consensus that BTC is likely to surpass $100k soon and $500k+ within 5 years due to all the institutional buyers coming in. Are you selling due to expecting SHORT TERM dips and then plan to buy back in after the dips? I have trouble justifying selling (even with expected corrections) bc where else can I stick my money that will give me even 10% the return BTC is likely to put off?

Yes people are buying and this make sense because bitcoin is making a new ath during each week. Imagine you see this topic a month ago, I remember people were saying buying bitcoin above 15K doesn't make any sense and it's against the risk management rules. Now, bitcoin is near to 40K and they feel regret. Since we are one a uptrend movement and there is no reason for price fall, people will still buy because they are holding bitcoin for long term.

I hope there is a good explanation for why it goes this high.
We are still in a pandemic and yet the buy rate is high.
It's just difficult to imagine these are average people trying to get more bitcoin in their wallets.
Who knows? Maybe they are risking their savings for a better profit.
Although. I doubt this will last. Argh, my pessimist hobby is coming out again.

Some would say it would be foolish to invest at this point and there will lso be people who will push investing due to the momentum of this market. But the real deal is to how will you respond to what you are seeing right now. Investing could either give you profit or loss. What's best is to make your own analysis in order to not regret whatever you are planning to do right now. If you will make an action based on the opinion of other people in this industry, and the other way around happened behind your expectations, it will be harder than the usual. There'll more likely be regrets and frustrations unlike if you will make your decision by yourself, learning is more likely to be the outcome and it would be a bonus if you made the right action.

The best strategy for earning Bitcoin is Arbitrage trading,althought Arbitrage trading is mostly done by Trading bots but this can be done manually as well and we can earn a good profit every month if we do this on regular basis. no need to worry bitcoin goes dump or goes up like a rocket we can earn .

Which i guess doesn't sound as the right time to invest. I'll bet everyone wanted to invest in bitcoin and even as much as i am but the most probable thing that everyone was considering was of course the high value of bitcoin. As much as we wanted to have a bitcoin in our own but if the main concern that we are facing was the high value of single bitcoin will become on top concern. But if you have your own capabilities to afford to buy a single bitcoin then it wouldn't be an issue i guess.

Definitely I won't be buying for now because the price is to high. There is a saying anything that goes up most come down. Btc will surely go for correction before making a new ATH. Will wait to buy the dip

I don't think it is a good idea to buy right now, I am not good at day trading that is why it is too risky for me to buy right now. Those who are buying at a time like this is a day trader, which means they are trading time by time. Maybe if the value falls down, that is the right time for me to buy, and wait for the right time that the price will rise up again, Even if it is a long term holding it is good for me as long as I am making a profit. The good thing that I can do right now is to study trading, its tools and indicators are important to learn.

I'm having the same thoughts when the market price drop in 31k$ from 34k$ trying to reinvest again after I sold my bitcoin in 27k$ which I pretty much make a good profit.

I was gonna reinvest at 31k$ but in just a small time the market price is already at 35k$, and then I was thinking if I'm gonna reinvest at 35k$ but maybe it just really risky for the short term investment.

We could still see a lot of opportunities for investment in other altcoins that is not that risky as investing in bitcoin today, but it might be worth taking the risk since you could always change your plan and go for a long term investment if the bitcoin stop pumping and dump after investing.

On the time we had able to buy in again then we must always consider or looking for price pullback specially if you do go for short term then that would be a good choice rather than risking
when it was still somewhat on peak price even though we cant really precisely tell if its on the top or not but our own guts and intuition do really mix up on that time.
Profitability will vary on someones decisions on how he gonna act on what he's currently seeing on point.If you do seem that the price is already on the peak
then better to hold and wait up for the right time to get in, it might not be precise or exact but at least what matter most is on to make money or in greens.

I am not buying right now as i is very risky. I know BTC can go even further to 40k or 50k. But i cannot  buy right now. But in long term perspective  BTC price will go up and up. For long term one can buy BTC any time at any position because  its demand is increasing  day by day.

Then when you would buy? When it already hits 40-50k tomorrow? This had been a common question in mind because we dont know on whats the peak.

So its just normal for people to hesitate on making out decisions specially now that bitcoins price is already expensive.It isnt something that you can get cheap.

Due to unpredictability then you would really be having a hard time neither you would get in or not.It all matters with risk management because this is the same
questions into those times where price is trying to break 35k. People are saying its already expensive to buy but look at on where we now?
Lots had regret that they do missed out the opportunity.

If you subscribe to the Dollar Cost Averaging theory, you should continue buying even at the peak and investing the same amount as usual. There's a chart by Blockchain center called the Bitcoin Rainbow chart. It's interesting that even when prices reached "It's a bubble territory" it eventually ends up as cheap by the next year. Personally, I think it's still a good time to be investing, but I would not say it's a good time to take your life savings and dumping into Bitcoin.

Slow and steady wins the race.

If you're interested in hearing more about the tools I use to make my conclusions you can find that here.
https://www.youtube.com/watch?v=jxrFy1LWxME (https://www.youtube.com/watch?v=jxrFy1LWxME)

Not only you, but also so many people are keep buying bitcoin & as a result, btc pump incredibly.i though it would crash after $30k or $35k but i was wrong.maybe because New money continueously coming in market even so many big institutions already have bitcoin share.so its now hard to dump the bitcoin easily.so i'm also start thinking that bitcoin won't going to stop its journey till it hit $40k milestone.

Your ambition is really tangible from my perspective because its obvious that everything is risk according to entrepreneurship concept of business and relating it into cryptocurrency especially bitcoin, buying of bitcoin currently it's matters of choice because the possibility of bitcoin to keep on accelerating in price in these 2021 is there,  its quiet understood that in the history of bitcoin or the existence of btc, it has not gotten to 30,000 thousand to the extend getting to 35000 thousands, so everyone is expecting bitcoin to get 50,000 thousand buying bitcoin now can result out negatively or positively, because the possibility for it to increase more is based on marketcap and possibility for it to decrease is also based on marketcap. So in all ramifications everything is base on risk, but if you are financial buoyant purchase it, its advisable to buy bitcoin.

If someone is planning to buy with this current price, they might have to trade wisely if they fully understand how the market works. But if they were just buying because of the trend, better stop what you are thinking right now because that isn't how the market works. Always do your own research if you plan to invest your own money especially in crypto currency. Bitcoin volatility is very unstable and you missed the price you wanted if you won't look the chart carefully.

             ¥€$

I don't wanna waste a moment and I'm buying Bitcoin. I think this's a good decision, as its price is getting higher every day. According to forecasts, Bitcoin's price will reach 100k by the end of summer, so I advise you to HODL your Bitcoins  ;) ;) ;)

Definitely not! Of course we are not buying bitcoin right now because the bitcoin was really huge right now and it cannot afford to gamble this kind of situation. There are some people who are buying although the bitcoin is in $26,000, but I guess it is a wrong decision because it is really hard to gain profit with it knowing that it is already in the peak price of btc. It's sad that I am so early to sell my holdings but still happy that btc break the ath this year.

Nope because i have nothing to buy, All my funds had been inside the market and my Folio is now continuously In great movement .

I don't wanna be greedy and buy more and then Lose sooner .

and besides why need to re purchase if you are a consistent Holder , when you have fulfill everything you desire years ago.

Now that Market is in the highest Value , no wonder whats the feeling of Fud and detractor of Bitcoin.

I decided to HODL my bitcoins for now. I bought them when the price was 20k. Now I'm waiting for bitcoin to reach 40k or 50k

I am also controlling myself from buying more bitcoins because I don't want to be greedy and lose all of my funds, so I keep all of my holdings in my portfolio because the bullish trend still has a great movement. Holding our funds in this current bull trend is much safer than continuously buying more bitcoin and other cryptocurrencies.

You are most likely to win in the long term with this. It's nice to read Dollar Cost Averaging rather than a straight up "NO since it's too high and wait for correction". Successful traders and investors have also shared that this is "easiest" way or less stressful.

.......

We are in a bull run and the market has more support from institutional investors so it won't collapse that easily. It's different this time. It looks like most people in this thread are still thinking about what happened in 2017-2018.

Buy now and buy even more if it goes down. Y'all know BTC is the King that will carry the whole crypto market.

There are so many people struggling of thinking if they are going to buy or sell bitcoin, on my part, I keep on holding and buying bitcoin as long as I have to earn bitcoin then I keep on holding it. I know that bitcoin can still go up and can reach about $100k within this year, just like what other people have said, well I know that this is not for sure but I am still looking forward to this thing to happen. I will set my standard for that value before pulling it out.

The market is way overbought already. The market is reaching prices beyond our expectations. The market is completely controlled by the bulls.
40k Resistance as of this moment is considered very conservative. Yes we will pass this and possible that it will happen anytime this month with the current trend of Bitcoin.
This is the question that I will ask again if it surpasses the $40,000 resistance. TBH, knowing when this bull run will end is very hard to know since we can't see any resistances right now. Lets just wait for Bitcoin to consolidate at least and we can tell which will be the resistance.

I am really glad to see all this response and to know that I am not the only person who brought now.
                          Just an update:
I was able to earn around 130$ through just holding and then I decided to encash them since for me that was enough for the time being and I was really glad that I was able to at least earn enough to support for half of the month.
I know bitcoins is going to cross our psychological barrier of 40,000$ but at the same time seeing all those articles where people are hoping that bitcoins might cross 100000$ therefore I believe if someone wants to take a risk then they should maybe go halfway. Take risks but don't be too greedy.
I might again invest more once I get some more savings in the upcoming days. Hope that everyone here is earning some passive income as well.
It's been amazing knowing bitcoins, this indeed is the only thing that helped my family, my studies and my rescue animals.
Plus I do think it would be a nice idea to invest in ETH also since they are the best trading pair and right now I believe it would be amazing for ETH too.

To be frank in my own opinion, buying at such price is way to high unless you are already prepared to hold for long term if it later goes against your predictions. I might be wrong but I think those who are buying in large amount are whales and/or Institutional investors, and these sort of buyers are already prepared for long term holding, so anyone who is ready for that, can take the risk but as for me, I think it is the best time to sell or monitor the market closely to know when to sell. Also, from the look of things, Bitcoin tends to have more chances  to grow and achieve a new ATH, but that is just predictions which might not work or still work; hence the best way is, if you are ready for the ride and risk, then go ahead, if you are not then look elsewhere.

It zoomed passed $37k a few hours after you made that post. We could see 40 before weekend with the way Bitcoin is dancing.

I wonder why you never invested when the price was abysmally down below $4k. You're a veteran member of this forum and should've known better that it was just a matter of time before the phoenix in Bitcoin returned. Well, it goes to show how a lot of people like FOMO.

Well, I don't think your permutation with the vaccine being out to aid Bitcoin price is right. Bitcoin started soaring weeks before Pfizer made its announcement. So, I wonder how that news helped it.

I'm waiting for bitcoin to reach $40k then i will sell some of mine and I know that some people will do the same just like me.

It is really hard to think and things are getting complicated and I don't want to regret something in my investment, when I made a wrong decision to make transaction.

I want to make my hodling worth it and profitable for my own benefit and I will buy again when its price goes down, as simply as that.

I don't buy Bitcoin at the moment because I have spent a lot of money for my household needs but on the other hand my brother bought Bitcoin a week ago and he has benefited today.  My brother is very happy to have benefited from Bitcoin so he also invited his friends to join in buying bitcoin.

Last time when the market was around 20000$ we people are talking its too risky to buy like this now again we are thinking same way its risky to buy now but my perception has been changed now about Btc this time I feel the Btc movement is more genuine as compared to the previous bull run that time Btc was hugely pumped and dump quickly as well. In the present market condition, I believe BTC is the best thing to hold for future financial security So its not late to get it by now because we never know we will catch this price again or not.

As bitcoin grows and fomo is high, my tactics is not selling or buying, but converting. I’m converting the amount I would have sold to fiat, into altcoins. Wont tell which, as it is personal, but something amoung first 50 from coinmarketcap. Altcoins that have lost most in price. Tired of holding, want to risk a bit  ;D I hope those altcoins will recover first, but then I will earn during so long waited altseason.

I agree with you, I am also selling now and preparing for next strategies if the price of Bitcoin goes down or goes up even more. Peoples perceptions are different, but seeing the bitcoin price is go up, more holders sell their bitcoins than buy. not only better than market 2018, but better than the last March 2020 market. now there should also be more selling than buying. unless someone want to buy and sell short term, it maybe also be more profitable than selling everything and not investing anymore.

I'm buying coins, freaking again and selling them. I'm still learning to trade, made some lost much larger and recovering again. The difficulty on making a trade on such volatile market is to find the right time to take profit or stop loss. What I can say for sure is bitcoin is much more inflated than what it's worth at least at the moment. Anyone buying now for long term would get hurt.

No. I am not buying right now because first I don't have money to invest because I lost my day job, second even if I have money to invest I will still prioritize my family's basic needs and third I am not a long term hodler.

I sold all my bitcoins in range 20k to $22k so i'm out the market.
i will never ride the wave, will never follow the fomo, i know it's risky to buy it now, i believe bitcoin will drop to 10k sooner or later, so i prefer to wait until price wave come back to me.

i already have good profits from my sale at 20k. i don't want to risk and lose my profits.
yes i would make more profits if i buy now, but i'm happy because i already exit with nice profits.

it is proper thinking. When the price drops and everyone starts to panic it's time to buy. You don't want to buy at the highest price because it will hurt when the market starts to bear.

The price of bitcoin continues to reach new ATHs today. And of course to reach the highest price again there will be several corrections that must be passed. The price of bitcoin reaching $ 40k will probably happen soon, but you will see where the real Bitcoin price is. This is also supported by several institutions and companies that started buying bitcoin and the Bitcoin euphoria has continued to increase.

Why would you compare 2021 to 2018?

Compare 2021 to 2013 or 2017.

We're just in the first rise of the double rally.

Maybe we'll get a bear market in 2022 or 2023. Maybe.

I'm glad you got out when you felt good about your profits. Nothing wrong with that. Not everyone will or needs to stay in the market until it hits $500k or $1 million or whatever. But you're gonna miss the vast majority of the bull market, and if your plan is to get back in lower than you sold, you aren't ever getting back in.

$10k, even $20k, are long gone. I've said it on here before, the worst possible time to sell, other than the bottom of a bear market, is right when the price hits the peak of the previous cycle (which was right where you sold), because hitting that old peak is the start of the next exponential move upwards which means you miss immediate massive gains by selling at that point. Case in point, you already missed about 100% gains in less than a month, and this is only the beginning of this bull run.

Just like by the time Bitcoin hit $3000 in 2017, $1000 was long gone. Anyone who sold at $3k in 2017, happy with their profits, but planning to only get back in at $1000, never got back in and now have missed >10x gains in the meantime. Just recognize for yourself that this is the decision you have made for the future. Either you're out for good, happy with the profits you made while you were in the market and you move on to slower growth investments like stocks, or you're eventually buying back in at a much higher price than where you sold.

Personally, I could sell everything right now (at nearly twice the price you sold at), move it all to the stock market, and live off the dividends the rest of my life. But then I'd miss out on thousands of percent gains this decade, so I keep holding.

no one can forbid anyone for what he will do, whatever action will be taken is definitely the best thing to do because he himself knows.

If it's about bitcoin, you don't really need to be afraid to buy it because bitcoin will continue to increase. You can buy a nominal what you can afford, because the time is still long enough and at that time you can fulfill it.

I am very concerned about losing your job, indeed at times like this there is still a pandemic going on, many have experienced it like you and of course it is wiser to use it for needs that become priority scales and that is a very wise action you take.

I think you can just buy new altcoins with the gains you have made through bitcoin. A new investment in altcoins will be better and not converting your bitcoin to altcoins because if a lose come in the altcoins, you can't talk of profit made with bitcoin. hodling.


Advise is that financial challenges will always be there in any family. A man is full of challenges and if you keep with the idea of not investing because of helping your family, you may be poor for life. So learn how to balance your income and try to invest for yourself, your kids and family at large.

I am not in a rush to buy BTC right now. Because the price looks fixed and I choose to wait and observe it. I have bought BTC some time ago and I have made a good profit so far. I am indecisive about selling it now. If I do that, I will wait for the price to fall drastically and then I will buy again.

Nope. Definitely waiting for a bargain sale. With its current price it's too expensive, I'll patiently waiting for a major pull back and correction. Its not good to fomo if the price is like that. Institutional players fomo at high price so the reatracement will probably take time, or its like we never gonna see bitcoin below 20k anymore as more enter the market at this level. Anyway we don't know what could happen so better to take advantage of its volatility and do leverage trading.

I decided not to buy bitcoin anymore cause there are two reason.firstly, i already hold enough amount of bitcoin in my wallet and secondly buying bitcoin may proved risky for up coming days cause nobody can predict that what's will be going on with crypto market.but still btc price increasing cause people still play with their fund, take risk and buy bitcoin for fun.that's depend on them how they want to use their fund but I'm waiting for strong correct

If you are going to HODL long term buy when you have the means and you have a mindset to hodl, if you are going to buy for short term profit then follow the market and buy at the right time but we should not stop buying, all the indications are here that the market will explode anytime soon, we don't want to be part of the group that says I should have bought when I have the means.

I am sure that many people have finally decided to buy Bitcoin these days. I am also among those who dare to take these risks. Because I believe
the Bitcoin price will reach a price of $ 100k, so buying Bitcoin at the current price of $ 36k will give me a huge profit if the target price of $100k is
reached. I am very confident that after doing technical and fundamental analysis, it shows Bitcoin is still going to continue to increase. So don't
let us regret not starting to collect Bitcoin from now, because by the end of this year I am optimistic that Bitcoin price will reach $ 100k.

People would have different mindset when it comes to buying decisions neither they would go for long term holds or would just tend to get in and get out as soon they do able to make money.

Buying will be situational because not all will really have that kind of target in life or towards their investment.They might buy now and later on do sell off when they do see gains.

Buying now isn't really a bad idea but you should know on what would be the situations or events that might happen along the way so that you wont really get shocked.

If you have that instinct inside you, then  working on it for long-term goal is a good option.

Being optimistic added trust, from that everything turned into positive, it's very important not being move by any market downfall, it will only annoy you, keep your investment intact while waiting for your target goal, those who invested back in 2017 who still holding their assets are now enjoying. Bitcoin keeps bouncing it will depend from your perspectives.

it is quite difficult to determine whether Bitcoin will breakout and continue its bullish trend,
because the Bitcoin price has experienced tremendous bullishness, the increase is already very high for bitcoin,
I suggest accumulating when it is at the bottom, I still hold Bitcoin and bought Bitcoin when it was $ 11k and $ 15k,
if it didn't break below $ 34k I would still hold

These are the real things that we should be aiming at instead of selling but that is lost on so many people. Reality is that bitcoin could go down or up in small amounts in the short period, it could even have a big bear crash as well, there is really no reason to keep that going. However one thing is for sure, bitcoin will be going super high in the long run. Frankly I believe the same for ethereum as well.

So, I am working on getting 50% bitcoin, 40% ethereum and 10% junk coin portfolio, and I have been very decent at it, I used to have a lot more bitcoin and a lot less ethereum, now I am trying to exchange that but I believe that is going to help me in 10-20 years. Yet some people expect to get rich tonight, that is not going to happen it is not that easy and you will have to end up with a lot more drops before you can see 100k ever happening.

I bought a little BTC on the basis it can break out here, Im unsure if it makes this scenario or not but its definitely a viable prospect.   We've made a slightly higher low, the only thing that would confuse bullish movement from here would be a lower high of some sort.  So just waiting I guess to see how it goes, market itself is likely uncertain in this.
   I always consider true price movement must be rubber stamped by each sphere on earth so Asia trading, europe and americas and I guess a bit more also so I often look at 4hr bars though daily and weekly also is an ideal confirmation till then we guess.

Think I need it to beat 35k really (https://talkimg.com/images/2023/06/12/ArLhD.png)  & if we dont perhaps we repeat some more again which is fine also all these prices are high.

There is no wrong or right time to buy Bitcoin. Bitcoin is just a coin which is competing to be recognized as a digital currency. This year has been particularly good for bitcoin. I can only say that the next few weeks looks good for bitcoin because of some major announcements regarding adoption of bitcoin but any bad news can topple the whole market and bitcoin may loose its value again.

So you mean everytime we buy some bitcoin then it's good decision made by us? Well for me no since it's so wrong to buy at the peak since most provably we will lose our money when dump hit the market and it's so stressful to hodl while waiting for bitcoin to rise again. So best to spot the right timing since it will make you gain from your trades.

I do believe that there is no wrong or right to buy Bitcoin cause the outcome will all depend on what process will you do. Like if you are doing day trade I am pretty sure that there will be some ups and down will occur thus you will still able to get profit even if it is just small. Long term, on the other hand, there's no problem buying at the peak 'cause if you were a dedicated holder you will be able to wait for a long time even it if takes years or more, and honestly, there are people who can pull that off. However as much as possible, it is recommended to buy on dips rather than entering in a random market price.

I agree that 35k is definitely the magic number. If you check what is going on with the price of bitcoin, that 35k was the point where we broke down and after that it turned a correction into stable price at around 30k, when in fact we were expecting it to just simply go down and up after the correction.

In any case we are talking about bitcoin here, I can't really say this will happen or that will happen, anything could happen and we may never know, it could go to 35k+ price and crash back under 30k who knows?

It is just that we have seen the charts and we have seen the numbers and support and resistance and we know what bitcoin "should" do and what "should" happen if one thing happens, this is why I believe it is going to be going 40k+ if it goes to 35k+ but I can't guarantee anything like that. It is good that you bought some, but do not forget to put a stop loss neither.

That's called 'weak-hand' because the price of bitcoin will recover after it fell, although the best time to buy at a lower level below $40k. Learn the technical analysis and trends on the market to decide entry point, stop loss, and percentage of profit. Nonetheless, a different perspective for long term holder even for them who bought at $42k as the price will increase significantly this year, $50k-$60k in next month and may surpass $100k in q4.

Now bitcoin down to $34,000 but still any chance for back above $42k after last day success break from $29,000 become $38,000. maybe take again with correction before bitcoin can reach above $42k, still higher maximum price for bitcoin in this year on $42k will available and have chance for bitcoin back above $50,000 or bitcoin keep going down. I need bitcoin can reach higher price and hope with any altcoin can going to the top price again.

So it means that you are now selling Bitcoin? Anyway, that is your choice and I hope you were right about that. I'm not buying Bitcoin this time but not saying "not anymore". I'm waiting for the market to drop again or even just a huge market correction to make another start as I was selling all my holding when reaches $30,000. But seeing the current price is really at high risk, not good for buying unless if you do trading.

There's no guaranty that it will go down, and besides the market is doing good there will be a correction but the crash is out of the question if you don't want to buy anymore and you decide that you don't want to it's up to you when it comes to buying and selling it should be based on our research and our financial condition.

Sometimes the panic and the news make people believe that corrections are coming, or that it is not time to buy, sometimes intuition can work, but seeing the movement of Bitcoin, after ELON MUSK posted on his Twitter profile the word Bitcoin, its followers and investors saw this show of confidence, I think there is still a long way to go for a strong correction to emerge, at least I think it is a good time to keep buying to see short-term profits, if the bitcoin price goes down, it's not bad to be patient, bitcoin will give a good pump at any time.

If I had extra money, I would definitely buy Bitcoin, because buying Bitcoin now is not a problem in my opinion. Because the price of Bitcoin will
continue to rise, so as long as we can be patient, buying Bitcoin at any price will definitely make a profit. Because Bitcoin is an asset that has
a very high risk, buying Bitcoin must use the money that we can afford to lose. So when the Bitcoin price goes down, we don't have to sell it.
We can HODL it until the price goes up again.

What the chat is saying today is just another repetition of what happened in year 2017, so, we might see something bearish from this bitcoin behavioral movement. I wouldn't suggest a buy for anytime now until the wick candle shows something good or promising. Though those on a long term basis can buy anytime as bitcoin is good for such purpose than short-term.

There's no basis supporting that it's market value will continuously increase. Holding it as well, alone, will not generate that much of a profit unless you invested at its early years. It is quite hard to believe that its market value will be able to increase that much given that its market price is already expensive. So I'd say it will still be gamble perhaps investing at this point, whether its price will still be able to be higher or not. But if you still choose to invest, no one will prohibit you to do so. Just analyse the market in order to avoid regret if things will be happening not having accordance to your expectations.

If we do just think deeply when it comes to profit possibilities:

Holding bitcoin or accumulating ==== We are waiting for possible 2x or 3x in price.
Actively trading === Accumulated profit might really be more than into those above but of course the risk would be doubled since you would be dealing the market actively.

Altcoin investment ==== One of alternatives because multiplying its price in a short time isnt really too far off unlike if we do talk on expensive coins like bitcoin.
This is why some people would really go  after this one.

Those who are into bitcoin for long term should not tend to buy bitcoin because of the nature of the market right now, having said that, those that should buy from this point should make bitcoin on long term and not for short term. Well there is nothing bad about prioritizing ones families becasue one can't feel comfortable while families go hungry, i would suggest that, don't take care of the families without keeping something for future purposes.

It's a pity that no one has ever (except people who are fantastically far from us) seen such money  ;D
The whole point of money is that it is a limited resource and if we have additional money, then we already know where we can spend it.
 If there really were people with "extra" money, then bitcoin would already be worth millions.

We have our own personal priorities so it is understandable what you can do during this market.
There's nothing wrong spending your money to your family's basic needs. I think that is actually great.
We can always find money in our lifetime but the time spent with family is not replaceable.
Am not buying but holding my btc as much as I can. Don't have extra money to buy as well.

Buying right now? why not looking with good news every day I think get much profit if wanna buy now, maybe still wait early when good moment coming because bitcoin and altcoin looks stable price, when bitcoin or altcoin success raise to higher price this best time for buying and keep touch with much profit pump above 50% or 100%.

That is the only reason why I would be fine with selling as well. I do not like to sell my currencies just to take out profit, that is really not a good reason in my point of view because if I sell to take out my profit and if you sell and the other one sells if we all sell to take out our profits eventually there wouldn't be any profits to be taken very soon. This is exactly why I am not really in support of selling to take out profit.

However one more thing, if you want to sell and use that money to have a good time with your family, that is a great thing. I had a friend who had about 100 bitcoins from very very early days of bitcoin world, he sold it at 20k and now that it is 40k he feels a bit sad, but with that money he made from selling at 20k (in 2017) he bought a house and he paid all his debts and put some aside for interest and future of his children, now that is a very very good reason to sell.

Of course right now I buy more altcoins than bitcoins, it has been proven that the monthly candles will likely close above $ 30k and that is good news for cryptocurrencies, especially altcoin holders, because there are many rumors that this altcoin season will happen in February,
remember! Doge, Ethereum, Link, AAVE have reached the new ATH and many more, invest in good projects and you will feel amazing profits.

I'm not buying anything at this point. I went all in early on and after the first bull market I've decided to slowly move from bitcoin to fiat with every big bull market. It's not because I want to get rid of my coins but because I'm aware of Bitcoin cycles and I don't want to get stuck being all in for 2 or 3 years of a bearish cycle. That said, I'm still planning to keep 90% of my coin investments regardless of what happens with the price now. I don't expect it to go lower than 19k in the worst scenario, and I held at 19k, so not much will change in that department ;) If it comes that low I'll buy with 50% of my realised profits from this cycle and have the same number of bitcoins that I had in 2020.

Prediction about what going next literary impossible, here we only make assumptions. I simply expect that some whale come in and manipulate the market which action drop few thousand dollar on behalf of us. At the end, my money and my decision. I do keep up certain guidelines while purchasing, like stop being a retard chasing pump and dumps.

If you Have made act on that risky movement ? then you may have profit more than 20% ? because after that 35,000 Bitcoin price Pumped Up to the Highest 42,000$ and above and almost break the 43k also.

Actually it was our decision that makes matter , either buying in falling prices of in growing ? the thing is our capacity and our trust in the currency we will be Investing  so if we can afford waiting and holding ? the chance of profit is 100% for sure but of course this will take time .

You are right, whales still do what they do best, they manipulate the price and here we are riding on it.

That's why it's important to understand and accept that anytime there will be a sudden price dump or pump, we just need to make sure we make the right decision and we always at the right side. As an investor, we can always benefit on any price movement, that if we will use our initiative and believe that the market will never crash.

Indeed, we cant certainly predict the next movement of bitcoin and its not wise to go with the flow by buying even at peak price. We must have plan on when to engage ourselves, we need to be more careful and set aside our emotions.

I already set my mind to only buy during price decline thus no matter how high the price consistently be its not a reason for me to break what I used to do when it comes to buying bitcoin or altcoins.

Well what i bought is XRP yesterday and Lucky to sell off just hour ago gaining 100%+

but Bitcoin ? no have no plan at all for now.

Maybe sooner since i still hold some good amount inside my wallet and some is on exchange that i am waiting to convert .

Thats important, Holding.
Through all the "normal turmoil" of he last month Bitcoin is still following its
Stock To Flow model, and this values Bitcoin at around $100,000 towards the
end of the year so this addresses the questions of the OP


If we look at the STF chart it is easy to see 2 things, how Bitcoin swings wildly
up or down through the light blue line all the time following its trajectory.

These swings up and down will continue as they always have.

https://btst.co.uk/wp-content/uploads/2020/02/Bitcoin-Stock-to-Flow-Model.png

Source > https://pump-audio.com/bitcoin/

Its above a weekly average and while it remains so its a viable trade as trending positively.   With a stop loss, its reasonable to trade this, the target downside isnt that much lower then here despite subdued sentiment its reasonable to expect rises medium term can lead to speculative gains here.

https://talkimg.com/images/2023/06/12/Arkm5.png

So presuming we've broken something of a pullback or downside since peaking earlier in this year, it can rise a little better more consistently then that Musk high we saw last week.
  So thats downside area of about 31k vs a target potential of about 37k which on daily bars is more obviously a range area to top off trades at.  Those with more extreme caution or just more of a swing trade would be to work off the 50 day average, again near to 31k

Another point of view is that it is said to best buy when it is going down, not do not buy when it is going up, those are very different two things. You should buy when it is going down, you could buy when it is going up as well but that is "could" and "should" difference, you "should" do one but you "could" do the other.

I would say if you bought bitcoin when it was going down in march, you would have made a ton of profit, I mean literally 10x increase in your investment, if you bought after 20k? You would have made 2x. That means you would be doing a risky investment and in one of them you make 10x whereas in the other you make 2x return. Obviously both of them are profitable and you definitely would want to profit like that, who says no to a 2x increase but when there is the 10x option that is obviously a much better option than the latter one.

You are lucky to be able to earn from a surprising increase from XRP, you should always prepare yourself because opportunities sometimes pass quickly but you including the lucky ones because you did.

Indeed, for bitcoin, because the price is too high, it requires a large amount of funds, it is better to buy potential altcoins that are currently popping up because it is estimated that many altcoins will reach ATH, as has been experienced by ethereum yesterday.

I will buy bitcoin right now because not any effect although tomorrow is chines new year and bitcoin keep higher price, maybe investor bitcoin not only from China right now but almost countries and company have believe with bitcoin and make good decision as investment assets for the future, although tomorrow Chinese new year and many Chinese investor sell bitcoin but keep higher price, nice to see not have any impact with bitcoin price now.

of course you have to prepare a lot of funds if you buy bitcoin today, because in 2 consecutive days bitcoin creates ATH. and now it is in the position of $ 51K + and the possibility will increase of course it could happen again any time.

If your belief is clear, I appreciate it because I believe that bitcoin will continue to increase, and if there is sufficient funds, of course there is no need to be afraid like you said, because bitcoin will always move up and I also believe in that.
The predicted decline will clearly not be affected by the Chinese New Year and at this time it has been proven and real that it is still increasing.

Well I am mining which means I am always buying.  I sell less of what I mine. Since my profits are higher.