Bitcoin Forum

Economy => Speculation => Topic started by: DaNNy001 on January 16, 2023, 12:01:32 PM



Title: Did you sell off during the 21k price breach.
Post by: DaNNy001 on January 16, 2023, 12:01:32 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?


Title: Re: Did you sell off during the 21k price breach.
Post by: hd49728 on January 16, 2023, 12:12:16 PM
Bitcoin can continue its recovery to $28,000 or $30,000 and last two days are not ending of its mini bull run.

However I believe Bitcoin will retest the $15,000 bottom in future so if you want to wait for better profit, wait to take profit around $28,000. If you want to make sure you won't miss any profit, 20% is good enough, take it now.

I believe it will need a few months to see Bitcoin to touch $15,000 or $16,000 again. Perhaps it will only be seen with a flash crash before 2024 bull run.


Title: Re: Did you sell off during the 21k price breach.
Post by: crunck on January 16, 2023, 12:30:48 PM
I think institutions are buying to selloff their buy positions at a higher price, i think it is a bull trap.

Many people believe it's a sign of the bull season, and they're excited, the more people believe this is a bull run, the more I believe this is a trap. Just with the information that CPI dropped from 7.1% to 6.5%, people believe that bitcoin can increase in price is naive. Bitcoin price doesn't just depend on CPI, it takes a lot of reasons to get the bull season back at this point.


Title: Re: Did you sell off during the 21k price breach.
Post by: Inwestour on January 16, 2023, 12:32:18 PM
Bitcoin can continue its recovery to $28,000 or $30,000 and last two days are not ending of its mini bull run.

However I believe Bitcoin will retest the $15,000 bottom in future so if you want to wait for better profit, wait to take profit around $28,000. If you want to make sure you won't miss any profit, 20% is good enough, take it now.

I believe it will need a few months to see Bitcoin to touch $15,000 or $16,000 again. Perhaps it will only be seen with a flash crash before 2024 bull run.
Now it is difficult to say where the price will go next, it is clear that the level of 21k has certain difficulties for further upward movement, but it is quite possible that before falling again there will be a deceptive upward movement.

For now, it's worth taking a short break and seeing what happens next. I also expect that we will return to lower levels before fully entering the bull market phase.

Selling now to make a small profit can be too risky if we assume that the price will not fall, but will continue to rise. This is unlikely, but it cannot be ruled out, now it is better to wait a bit and see what happens next.


Title: Re: Did you sell off during the 21k price breach.
Post by: mindrust on January 16, 2023, 12:33:20 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

No. A fair price for a bitcoin is one million USD. Before we reach that price, I ain't selling shit. Bitcoin has limited supply. FIAT has unlimited supply. When you think about it, even a million US D looks like a conservative prediction. In theory you can't even measure one bitcoin in terms of the USD. That means bitcoin's fair value in USD is basically infinite. 999999999999999999999999999999999


Title: Re: Did you sell off during the 21k price breach.
Post by: Aanuoluwatofunmi on January 16, 2023, 12:34:30 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k

Some would have seen this coming while others may not have done so but for the fact that you buy bitcoin this year before last week Saturday is an indication that you have already realized something good enough from your purchase either on a short or long term, if you noticed some weeks prior this last one, there have been sone stir as well on the general crypto market with prices fluctuating while that with bitcoin only happens to occur this last Saturday and those that have bought already make some profits, yet it is believed that the bull run hasn't started yet.




Title: Re: Did you sell off during the 21k price breach.
Post by: hitsnorth on January 16, 2023, 12:46:24 PM
Of course not. I never invested money I'd need soon, I can wait. And I'm pretty sure $20K is not the highest price we'll see this year.


Title: Re: Did you sell off during the 21k price breach.
Post by: Outhue on January 16, 2023, 12:52:14 PM
I took some profits, I feel like this is a bull trap, we can't ignore that it's too early for any bull market at this time so this is the best you can do, to me this is another relief rally and we need to continue going side ways, if the pump continues it's not a healthy one, there will be a massive correction.

Even if 30,000$ per Bitcoin happens in 2023 we can still see a retest of 15,000$ again, lower your expectations until halving season before expecting a reliable market uptrend.


Title: Re: Did you sell off during the 21k price breach.
Post by: Erumo on January 16, 2023, 12:54:17 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

No. A fair price for a bitcoin is one million USD. Before we reach that price, I ain't selling shit. Bitcoin has limited supply. FIAT has unlimited supply. When you think about it, even a million US D looks like a conservative prediction. In theory you can't even measure one bitcoin in terms of the USD. That means bitcoin's fair value in USD is basically infinite. 999999999999999999999999999999999

Ohh yeah? Then why do you always move signature reward funds to other wallet. I would believe that you send all your funds through mixer to cover tracks :D

Nevertheless I share your vision of holding till Bitcoin hits a million. It will be stupid to hold Bitcoin all that time and sell at soon as the showed a tiny growth. A million or nothing. (Or a hundred if a have hundreds of Bitcoin :D)


Title: Re: Did you sell off during the 21k price breach.
Post by: taufik123 on January 16, 2023, 12:56:44 PM
To take advantage of this moment, of course, I sold some and took profits, because some bitcoin purchases when the price drops to 16k I target sales at $ 20k and above. Making a few sales makes a profit and holds the rest of the Bitcoin for the long term.

This aims to get capital to buy at a lower price when the price starts to correct again if it suddenly drops back towards $ 16k, but maybe it's still difficult for now if it's not accompanied by some FUD manipulated by whales.

Right now it's possible that the whales took a lot of profit when the bull market started in 2023, and remember that the Chinese New Year holiday is almost here, the whales are taking profits for their holiday on the Chinese New Year.

If you have sold for $ 21k then enjoy the benefits and monitor first.

Bitcoin Monthly Returns Until 2022
bitcoin returns 2023 whether the pattern will be the same or will it increase,
we'll just have to wait
https://i.postimg.cc/T3VzcX7x/Screenshot-26.png


Title: Re: Did you sell off during the 21k price breach.
Post by: G_Besar on January 16, 2023, 01:08:48 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.
Those who are selling too fast with the excuse that they are already seeing profits in the near future are people who have no patience and are still doubtful of more increases in Bitcoin. Even if Bitcoin is able to reach $21K in this month which is the beginning of 2023, indirectly there will be an even better increase next month if there are not more people selling in the short term.

Quote
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
I personally still really hope for a bigger increase from this month and absolutely do not expect a drop to the lowest price again. Because I don't trade with Bitcoin even though I trade with other cryptocurrencies. So I'm not expecting another downturn in Bitcoin especially this year


Title: Re: Did you sell off during the 21k price breach.
Post by: Bitstar_coin on January 16, 2023, 01:24:00 PM
This is just the beginning of price recovery, there is a better chance of selling high in months to come. In my case, there was no need for that (besides, am not holding a big bag of btc).
Although day traders will not miss such opportunity, for those who bought in around 16kish that was a good profit within few days. Btc is always full of surprises, to think some people where predicting 10k and actually waiting for it, they must be in shock by now.


Title: Re: Did you sell off during the 21k price breach.
Post by: Yatsan on January 16, 2023, 01:46:34 PM
Yup, managed to exit at $21k, entered at $15k. It is somewhat unplanned to be honest, I never expected that there will be an increase as early as this one given that the year has just began. However I sold my holdings at the mentioned price point because I doubted the possibility that the increase would be continuous. The known reason was the CIP Report recently but I think it is not a reason which would support market resistance against bearish market from last year. I am more expecting of a huge recovery in 2024 but I won't disregard any spike with the market prices to generate profit ofcourse. Always be mindful of the reason whenever the price is whether upward or down to help you with buying and selling decision.


Title: Re: Did you sell off during the 21k price breach.
Post by: Don Pedro Dinero on January 16, 2023, 01:57:01 PM
Are you joking? Of course I didn't sell.

I see bitcoin in the long term, very long term, and although I will probably make partial sales in the next bull market, my goal is to accumulate more. I am not going to sell for such a small rise. Why am I going to sell now if next cycle I expect the price to be at least 7 times higher?

Yup, managed to exit at $21k, entered at $15k. It is somewhat unplanned to be honest, I never expected that there will be an increase as early as this one given that the year has just began. However I sold my holdings at the mentioned price point because I doubted the possibility that the increase would be continuous. The known reason was the CIP Report recently but I think it is not a reason which would support market resistance against bearish market from last year. I am more expecting of a huge recovery in 2024 but I won't disregard any spike with the market prices to generate profit ofcourse. Always be mindful of the reason whenever the price is whether upward or down to help you with buying and selling decision.

Congratulations on winning at the casino.


Title: Re: Did you sell off during the 21k price breach.
Post by: seoincorporation on January 16, 2023, 02:03:26 PM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Is hard to predict the next move, but with the current market cap of $977.09B I don't think this is going back to $16k in the next few days. I know it was a nice surprise to see btc touching $21k, and some of us feel bad for selling in the past days at $17k... but that's how the markets rolls, Bitcoin loves to give us these crazy moves. Let's see what this week has for us.


Title: Re: Did you sell off during the 21k price breach.
Post by: bittraffic on January 16, 2023, 02:15:26 PM
The price of BTC maintains its position above $20K though so If this will not go back to at least $18k by Wednesday, the bull market may just continue til we reach $25K. Hoping that it would drop a bit so those who have sold can accumulate more leaving a few BTC left on the order book. I sold the altcoin I have held since it spike a bit. I'm not sure if I am going to be buying back.

Yup, managed to exit at $21k, entered at $15k. It is somewhat unplanned to be honest, I never expected that there will be an increase as early as this one given that the year has just began. However I sold my holdings at the mentioned price point because I doubted the possibility that the increase would be continuous. The known reason was the CIP Report recently but I think it is not a reason which would support market resistance against bearish market from last year. I am more expecting of a huge recovery in 2024 but I won't disregard any spike with the market prices to generate profit ofcourse. Always be mindful of the reason whenever the price is whether upward or down to help you with buying and selling decision.

Good profit. Congrats! I also told a friend to sell since he had bought his BTC last year at $18K. He did listen to sell while I'm not selling. I was pressured he might blame me again. If the price continues to blow up, I hope he will not blame me still.


Title: Re: Did you sell off during the 21k price breach.
Post by: BitcoinPanther on January 16, 2023, 02:15:31 PM
I am actively using BTC for purchase and payment so basically it is a yes for me for all the fluctuation of BTC.  It was a surprised when BTC surge this past days and holding to the current price.  There is not much news except for the CPI while some video on Youtube explained that the current surge of BTC is due to short liquidation.  It it looks like this liquidation will continue for sometime.

I don't know whether the buy pressure is strong enough to push the price to the new level like $25k to $30k and there is always a chance that Bitcoin price will retest $16k  or below than that if this rally become a bull trap and  I hope it is not.


Title: Re: Did you sell off during the 21k price breach.
Post by: Jawhead999 on January 16, 2023, 02:43:52 PM
I mean, there's still 349 days to go before this year will end, but you're now asking the end year price during this recent pump? we can't even know if this pump is a trap or not, there's a high chance it would go lower around $18K and the price will steady until something big happen.

I'm not selling my Bitcoin for $21K, because I've in situation where Bitcoin is still in $40K, it doesn't make sense for me to sell for half price. Currently, I'm not in hurry to need more money, so I can hold for maybe 2-3 years more.


Title: Re: Did you sell off during the 21k price breach.
Post by: AmoreJaz on January 16, 2023, 05:08:23 PM
I mean, there's still 349 days to go before this year will end, but you're now asking the end year price during this recent pump? we can't even know if this pump is a trap or not, there's a high chance it would go lower around $18K and the price will steady until something big happen.

I'm not selling my Bitcoin for $21K, because I've in situation where Bitcoin is still in $40K, it doesn't make sense for me to sell for half price. Currently, I'm not in hurry to need more money, so I can hold for maybe 2-3 years more.

lucky for you that you can wait for years before you will sell your satoshis. if you are indeed a long time believer of btc and you have no immediate need for your coins, you can truly wait for years up util you feel the price is right. 21k price level is indeed low if you happen to witness the ATH of more than 60k. you would wish that it will come again and wait for more. as no one can exactly predict what will happen next in the coming days, you are just left with the hope that btc market will continue to soar and be bullish.


Title: Re: Did you sell off during the 21k price breach.
Post by: Zaguru12 on January 16, 2023, 05:43:31 PM

Is hard to predict the next move, but with the current market cap of $977.09B I don't think this is going back to $16k in the next few days. I know it was a nice surprise to see btc touching $21k, and some of us feel bad for selling in the past days at $17k... but that's how the markets rolls, Bitcoin loves to give us these crazy moves. Let's see what this week has for us.

I also think it will go back to the $16K margin the best thing for any one trying to accumulate will be to do DCA at least every week because I believe each we will have new price either a huge dump or high rise. With DCA the loss might be minimized or the profit been maximized. Right now I am not selling off till we touch maybe $50k something I see to happen by ending of the year. This little market pump is the best time to sell of all altcoins


Title: Re: Did you sell off during the 21k price breach.
Post by: Anonylz on January 16, 2023, 06:26:03 PM
Couldn't let this unexpected opportunity to pass by without taking full advantage of it. I buy at 16k and sold at 20.9k and earned a decent profit.  Now am just patiently waiting for a nice correction to get back in. I wasn't expecting such a sudden pump in price to be honest, I bought to await the upcoming bull market but seeing that price pump, I couldn't resist.


Title: Re: Did you sell off during the 21k price breach.
Post by: Crypto Library on January 16, 2023, 08:25:01 PM
.
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
I am holding my btc fund for the bull-run not for this small pump. So there is no question of me selling the bitcoins held here. And looking at the past bearish market, I feel that the market may see another big dumping very soon because what we have seen in the last few days is that the market gives a little pump and then goes back to a big dumping.
So I agree with that we would have to see Bitcoin in the 16k to 20/21k range for a few more days.


Title: Re: Did you sell off during the 21k price breach.
Post by: BreachOfEuphoria on January 16, 2023, 08:35:29 PM
I sold some when the price was at 18.1K. I did not expect it to go much higher.

Some other positions, i have not sold yet. It would be nice if the BTC price went higher but as other users also mention, I also suspect this could just be a pump.


Title: Re: Did you sell off during the 21k price breach.
Post by: Ultegra134 on January 16, 2023, 08:47:21 PM
I expect Bitcoin's price won't fall back to $16,000 levels but will settle at approximately $18,000. Unless you're a trader, I don't see why you'd proceed to sell at such a low price; it was just a minor bull run. Perhaps it's a decent opportunity to sell and proceed to buy at a lower price in the upcoming days or weeks, but as a holder, I don't see the reason to bother. Personally, I prefer the safety of holding—not sure for how long, but certainly not planning to sell below $50,000 for any reason. My DCA is a little lower than $28,000, the majority of which is obtained through signature campaigns.


Title: Re: Did you sell off during the 21k price breach.
Post by: Oasisman on January 16, 2023, 10:13:22 PM
I think institutions are buying to selloff their buy positions at a higher price, i think it is a bull trap.

Many people believe it's a sign of the bull season, and they're excited, the more people believe this is a bull run, the more I believe this is a trap. Just with the information that CPI dropped from 7.1% to 6.5%, people believe that bitcoin can increase in price is naive. Bitcoin price doesn't just depend on CPI, it takes a lot of reasons to get the bull season back at this point.

Nah, even with a lot of reason if you can't get the people to buy and accumulate more Bitcoin, the price won't go nowhere but stabilized. Whether you believe it's a sign of bullrun or not, as long as you are hodling your Btc and accumulate at this current price, I think you're perfectly fine.
Lastly, I don't think the CPI have a good influence to Btc price.


Title: Re: Did you sell off during the 21k price breach.
Post by: glendall on January 16, 2023, 11:14:21 PM
I think the new 20k is the recovery price, and that's not the best price. I released my btc, even though I bought it at 17k yesterday.
 It's difficult to predict the current value of BTC, but if you have calm and stable finances, BTC ownership will not affect finances outside of investment and you can hold it until priced at 30k-35k maybe later


Title: Re: Did you sell off during the 21k price breach.
Post by: EdenHazard on January 16, 2023, 11:14:36 PM
Couldn't let this unexpected opportunity to pass by without taking full advantage of it. I buy at 16k and sold at 20.9k and earned a decent profit.  Now am just patiently waiting for a nice correction to get back in. I wasn't expecting such a sudden pump in price to be honest, I bought to await the upcoming bull market but seeing that price pump, I couldn't resist.
Well be prepared to have a huge regret and longlasting waiting to get dropped back ;D we might continue running to the top and having your bitcoin sold at $20k level could be one of the lowest price that hard to get back later in the next few months even years .

As per experts predicted that we are heading the next ath of $100k anytime soon between this year and the next halving at 2024.


Title: Re: Did you sell off during the 21k price breach.
Post by: dragonvslinux on January 16, 2023, 11:23:52 PM
No, apart from eyeing up a short-term short position in the near future I'll patiently wait for $50-60K this year (if it comes). Happily to patiently wait until price is overbought and overvalued.


Title: Re: Did you sell off during the 21k price breach.
Post by: darkangel11 on January 16, 2023, 11:56:14 PM
This move is nothing really when it comes to bitcoin's abilities. Short term traders sold, but if we look at the big picture, bitcoin is still in a state of fear according to fear and greed index.
It's interesting that most traders were saying bitcoin would fall to 12k and we went above 20k instead.
Now most traders are saying it's a fools rally and we'll go back to 16k. I wonder if the big money that manipulates the market will once again squeeze the shorts.

I did not sell anything because I don't trade my bitcoins. The price would have to amaze me for it to happen and I doubt this year's going to be the one to make us go to a new high.


Title: Re: Did you sell off during the 21k price breach.
Post by: n0ne on January 16, 2023, 11:57:12 PM
I think the new 20k is the recovery price, and that's not the best price. I released my btc, even though I bought it at 17k yesterday.
 It's difficult to predict the current value of BTC, but if you have calm and stable finances, BTC ownership will not affect finances outside of investment and you can hold it until priced at 30k-35k maybe later
Agreed, what we're at the moment is not the best price. For people who were planning to sell at $17000 and make a buyback the present price is a best price. Based on the market movement it looks like it'll move forward towards $25k close to the month end and moves within specific limits same as it have been moving between $16500 and $17500. The next breakout might take the price towards $35k


Title: Re: Did you sell off during the 21k price breach.
Post by: bitterguy28 on January 17, 2023, 03:21:22 AM
No I didn't and no planning till now, I still believe that we are crossing 25k at least for that I will consider selling since I knew that halving is year away from happening .and also the price is still going up and bitcoin stays 21k above till this typing.
I think the new 20k is the recovery price, and that's not the best price. I released my btc, even though I bought it at 17k yesterday.
 It's difficult to predict the current value of BTC, but if you have calm and stable finances, BTC ownership will not affect finances outside of investment and you can hold it until priced at 30k-35k maybe later
Agreed, what we're at the moment is not the best price. For people who were planning to sell at $17000 and make a buyback the present price is a best price. Based on the market movement it looks like it'll move forward towards $25k close to the month end and moves within specific limits same as it have been moving between $16500 and $17500. The next breakout might take the price towards $35k
if this is going to happen? then maybe not just 25k but at least 30k will be on the top of the list?


Title: Re: Did you sell off during the 21k price breach.
Post by: hd49728 on January 17, 2023, 04:10:00 AM
For now, it's worth taking a short break and seeing what happens next. I also expect that we will return to lower levels before fully entering the bull market phase.
I agree on this idea. Taking a short break and wait for market movement. If it continues to rise, you can buy and join a new tide. If it falls back and has a correction, you can buy more bitcoin.

Quote
Selling now to make a small profit can be too risky if we assume that the price will not fall, but will continue to rise. This is unlikely, but it cannot be ruled out, now it is better to wait a bit and see what happens next.
I don't consider taking profit is risky. Profit is profit if you take it. If you don't take it and only see it on screens, it is not real profit and can disappear anytime.

People can have different minds. Invest to increase their bitcoins or invest to increase their portfolio in fiat value. I am an investor who want to increase my portfolio in fiat value. It is good for me if I can increase by bitcoin amount too but it is not bad and not risky if I take profit and have to watch Bitcoin rising higher.

I was obsessed to increase my bitcoins in the past and missed many times to take profit.


Title: Re: Did you sell off during the 21k price breach.
Post by: wxa7115 on January 17, 2023, 05:17:53 AM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
I have not sold any bitcoin and I do not have any plans to do so as it would be a mistake to sell when the recovery we are experimenting is nowhere close to the previous all time high.

However it is difficult to know what it is the best course of action right now, those performing a DCA strategy do not mind at all what is happening and they are still buying bitcoin as usual, but for those which may like to time their purchases it is not clear which path is the best to take, as they could buy now hoping the price could keep going up, but if this is a bull trap then they will miss buying bitcoin for cheaper prices, but on the other hand if they keep waiting and the 21k level is broken completely then bitcoin will get even more expensive and their fiat will buy even less of it.


Title: Re: Did you sell off during the 21k price breach.
Post by: CageMabok on January 17, 2023, 08:08:05 AM
I sold some when the price was at 18.1K. I did not expect it to go much higher.

Some other positions, i have not sold yet. It would be nice if the BTC price went higher but as other users also mention, I also suspect this could just be a pump.
Actually the pump is not to be expected because it will happen when the time is right or when a lot of people start making repeated purchases on Bitcoin for now. So this is a very common thing to happen to Bitcoin because recovery in price after a dip is not to be expected at all even though it is a shame that you have sold for a while at $18K. Even though you can still get more profit if you don't sell at that price.


Title: Re: Did you sell off during the 21k price breach.
Post by: Yaunfitda on January 17, 2023, 11:13:20 AM
Nope, although I could have made a profit because I keep on buying since the $15,500 price range, it doesn't make sense to sell today because I'm looking for term investment and obviously bigger profits. But I have nothing against for those who have sold at $21k, maybe they need some money or will reinvest it into something.

But for best results, it's better to just continue to accumulate as long as you can this year.

We will have the catalyst for a crazy bull run next year, so it's better to prepare ourselves today and not just sell our precious bitcoin because someone is willing to scope that at a cheap price we are selling at $21k.


Title: Re: Did you sell off during the 21k price breach.
Post by: buwaytress on January 17, 2023, 02:40:17 PM
We will have the catalyst for a crazy bull run next year, so it's better to prepare ourselves today and not just sell our precious bitcoin because someone is willing to scope that at a cheap price we are selling at $21k.

Catalyst yes. Halving will still be dependable for at least the next two milestones, but are we really still banking on crazy bull runs? The last one was (relative to the previous ones) pretty underwhelming and if we expect the ATH-to-ATH percentage to continue in its trend, then we're not even going to see 200% growth from last ATH. That's... as crazy as I'm expecting.


Title: Re: Did you sell off during the 21k price breach.
Post by: Popkon6 on January 17, 2023, 02:46:49 PM
Bitcoin price is constantly going up and down Bitcoin is currently in a volatile position.  Everyone likes to see the Bitcoin price go up, but it's normal for the Bitcoin price to go down.  We investors always wait for bull market.  Bitcoin currently stands at 21,1k.  It is highly unlikely that the price of Bitcoin will fall below 15K.  Because many people will face losses in the present time.  After a long period of this bullish situation, there is a storm of joy in the minds of Bitcoin lovers who see the upside, so we always wait for the Bitcoin price bull market.


Title: Re: Did you sell off during the 21k price breach.
Post by: bitzizzix on January 17, 2023, 02:57:43 PM
That's their right as long as selling it is profitable, but it's good to be patient because in the long run bitcoin will be much more profitable, especially in investing. And maybe those who are trading will sell because they may have already made a profit, and hope for another dip to buy back.
everyone has different plans and circumstances and when the price of bitcoin goes up and it is profitable for them some sell and some don't. Because I always treat bitcoin for the long term, so I don't sell it because my ambition is to get extraordinary profits like yesterday's ATH, and I don't really care about the current increase.


Title: Re: Did you sell off during the 21k price breach.
Post by: autumnleaf on January 17, 2023, 03:16:28 PM
Yes, it is true that Bitcoin reached $21,000 last Saturday, and I regret not selling at that price. The market sentiment appears to have caused the unexpected price increase, increasing demand. The price of Bitcoin has increased due to recent successes and related news.


Title: Re: Did you sell off during the 21k price breach.
Post by: Davian144 on January 17, 2023, 03:43:26 PM
Yes, it is true that Bitcoin reached $21,000 last Saturday, and I regret not selling at that price. The market sentiment appears to have caused the unexpected price increase, increasing demand. The price of Bitcoin has increased due to recent successes and related news.
You don't need to regret if you don't have time to sell at $21,000, because today Bitcoin has increased again and is already more than that price even though it still hasn't reached $22,000. But if this increase continues in the near future you will probably see much better prices than today and you will even see people regretting selling their Bitcoin too quickly at $21,000.

So be patient and hold on to your Bitcoin while enjoying the increasing price that is happening in the market this month. Because I still firmly believe that Bitcoin will be close to the $25,000 price level if demand continues to increase and there is no bad news for it.


Title: Re: Did you sell off during the 21k price breach.
Post by: JoyMarsha on January 17, 2023, 05:09:33 PM
I mean, there's still 349 days to go before this year will end, but you're now asking the end year price during this recent pump? we can't even know if this pump is a trap or not, there's a high chance it would go lower around $18K and the price will steady until something big happen.

I'm not selling my Bitcoin for $21K, because I've in situation where Bitcoin is still in $40K, it doesn't make sense for me to sell for half price. Currently, I'm not in hurry to need more money, so I can hold for maybe 2-3 years more.
That's how it is when you have a long-term goal of bitcoin. You don't get moved by the price you see until your desirable dream price is reached before you can then decide to sell off your bitcoin. This year gonna be an interesting year for bitcoin holders as we are already at $21k at the beginning of Q1 of the year. Bitcoin might skyrocket more than we expected before the end of this month.

Am quite positive that the bitcoin price before the end of this year might reach $40k or more. Am just hodling and investing the way I can until my dream price of bitcoin is reached. Don't know when but I believe it will someday



Title: Re: Did you sell off during the 21k price breach.
Post by: pixie85 on January 17, 2023, 08:46:01 PM
Yes, it is true that Bitcoin reached $21,000 last Saturday, and I regret not selling at that price. The market sentiment appears to have caused the unexpected price increase, increasing demand. The price of Bitcoin has increased due to recent successes and related news.

When did you buy your bitcoin? How much did you gain on the recent pump? 15% maybe? Bitcoin is still down more than 60% from its all time high. Is 20 thousand really the level that makes you feel good, like you want to exit the space and be on your way? If you hold 1 bitcoin you've probably made 4 thousand dollars. For me it wouldn't be anything worth moving my bitcoins.

I didn't sell anything for almost a year and I'm not going to sell anything if we fall from this back to 16 or something.
I'm not a wealthy person but I'm here for the long run. I don't see myself ever not owning any bitcoin. If we went to 100 thousand right now I'd still hold some. There's no price at which I'd dump everything.


Title: Re: Did you sell off during the 21k price breach.
Post by: GeorgeJohn on January 17, 2023, 10:02:28 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Actually i knew that 2023 will be a preamble of Bitcoin increment, but it will not fully get to some certain people expectations, so therefore bitcoin have its way of movement and it will be unbelievable that Bitcoin will increase and as well and reverse in the market. I strongly believe that the price of Bitcoin will still Falls if it happened to reach up to thirty thousand (30k) in the market.


Title: Re: Did you sell off during the 21k price breach.
Post by: TravelMug on January 18, 2023, 01:30:37 AM
It's tempting, but no dice for me, it's too early to sell as the price is still very low. Even if you bought at $15,500 the margin of profit is still not huge as compare to selling your stash in a bull run.

There could be some short selling bitcoin, but for sure they are going to be destroyed in this sort of our mini bull run. If they sold they just look at the price, it's not steady at $21k and could be going $25k next month.


Title: Re: Did you sell off during the 21k price breach.
Post by: GreatArkansas on January 18, 2023, 01:56:04 AM
It's tempting, but no dice for me, it's too early to sell as the price is still very low. Even if you bought at $15,500 the margin of profit is still not huge as compare to selling your stash in a bull run.
(....)
But if you are not looking forward to a bull run this year, you gonna sell even if you bought at the $15,000 level. For me, I have some Bitcoin that bought around $17,000 and just sold when Bitcoin broke the $20,000 level a few days ago because I believe, there are still a lot of opportunities to accumulate more Bitcoin before this year ends.


Title: Re: Did you sell off during the 21k price breach.
Post by: irhact on January 18, 2023, 05:18:22 AM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

This wasn't a sudden pump that anybody should be expecting a massive dump to $16k as you have written. This pump was due as Bitcoin has been dumping for so long now that it needed this break and I don't think previous buyer should be selling thinking the market will dump more. Only those worthy of taking profit are those that bought supposedly the last dump to $15.4k.

They can take profits because they should be in good gains by now assuming they bought entirely one Bitcoin or more. The rest of us should use this opportunity to accumulate more Bitcoin and wait for further rise in price. 2023 is going to be a good year for Bitcoin. We won't be exceeding the previous highs but we'll get some good profit, if we start accumulating now.


Title: Re: Did you sell off during the 21k price breach.
Post by: yudi09 on January 18, 2023, 06:13:23 AM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
The price increase from $16K to $21K that is still holding today is an advantage and many people still have the desire to continue to higher prices with the aim of attracting capital.
Those who are still planning to collect more Bitcoin hope that the current situation does not continue because buying at prices like today is different from the acquisition of the amount when buying at $16K and $17k.

Selling some at $21K could provide a profit with the aim of buying again when the price is lower than now. But it is uncertain whether the price will drop back below $17K. I think it is better to hold back than to sell at the current price.


Title: Re: Did you sell off during the 21k price breach.
Post by: Jating on January 18, 2023, 12:21:42 PM
It's tempting, but no dice for me, it's too early to sell as the price is still very low. Even if you bought at $15,500 the margin of profit is still not huge as compare to selling your stash in a bull run.
(....)
But if you are not looking forward to a bull run this year, you gonna sell even if you bought at the $15,000 level. For me, I have some Bitcoin that bought around $17,000 and just sold when Bitcoin broke the $20,000 level a few days ago because I believe, there are still a lot of opportunities to accumulate more Bitcoin before this year ends.


There are a lot of opportunities to accumulate, but who knows, maybe it will not present itself like when the price is $15k-$17k. So maybe it's best to keep it and hold for a while.

And I'm surprised though to hear from you saying that people are not looking for a bull run? Because that's what we are looking at right?

You saying that you are not looking forward in 2024/25 ATH and will just keep on selling as long as you are making profits?


Title: Re: Did you sell off during the 21k price breach.
Post by: laurenB7742 on January 18, 2023, 12:56:34 PM
... But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Even though bitcoin has gone up from 16k to 21k, I doubt that people will sell their bitcoin at this price, as profit is not yet high, and no one is sure that bitcoin will drop back for us to buy with a low price.
Despite the fact that bitcoin has been up, it has not been strong enough to make people Fomo, so I think maybe bitcoin will reach 25k-30k in the bull run, then we can start seeing people Fomo. Then perhaps bitcoin will be able to correct, IMO.


Title: Re: Did you sell off during the 21k price breach.
Post by: AakZaki on January 18, 2023, 06:32:08 PM
That's how it is when you have a long-term goal of bitcoin. You don't get moved by the price you see until your desirable dream price is reached before you can then decide to sell off your bitcoin. This year gonna be an interesting year for bitcoin holders as we are already at $21k at the beginning of Q1 of the year. Bitcoin might skyrocket more than we expected before the end of this month.

Am quite positive that the bitcoin price before the end of this year might reach $40k or more. Am just hodling and investing the way I can until my dream price of bitcoin is reached. Don't know when but I believe it will someday


Choosing to survive and stay focused on the price you want to achieve is certainly an effort that will not be in vain. We all know bitcoin was able to get through the market crash in 2022. When buying at last year's lowest price, of course, you will get a bigger profit when the current price has risen above $ 20k.
If you predict bitcoin will reach $40k before the end of the year, maybe I can only agree, but the market is still unpredictable right now. Let's hope that it is achieved and even more until it reaches a new ATH again.


Title: Re: Did you sell off during the 21k price breach.
Post by: Quidat on January 18, 2023, 06:53:54 PM
That's how it is when you have a long-term goal of bitcoin. You don't get moved by the price you see until your desirable dream price is reached before you can then decide to sell off your bitcoin. This year gonna be an interesting year for bitcoin holders as we are already at $21k at the beginning of Q1 of the year. Bitcoin might skyrocket more than we expected before the end of this month.

Am quite positive that the bitcoin price before the end of this year might reach $40k or more. Am just hodling and investing the way I can until my dream price of bitcoin is reached. Don't know when but I believe it will someday


Choosing to survive and stay focused on the price you want to achieve is certainly an effort that will not be in vain. We all know bitcoin was able to get through the market crash in 2022. When buying at last year's lowest price, of course, you will get a bigger profit when the current price has risen above $ 20k.
If you predict bitcoin will reach $40k before the end of the year, maybe I can only agree, but the market is still unpredictable right now. Let's hope that it is achieved and even more until it reaches a new ATH again.
We are all hoping for a new ATH as always.Who doesnt really like to see new numbers? specially on peak ones? When you do able to enter when Bitcoins price dipped down on 15k+ price wayback then it wont really be that a bad idea for you to sell out when it hit up 21k or even on 20k price which it is really that a considerable point to secure profits.When it  comes to selling decision then it would be entirely be depending on you because not all would really be that confident  or simply being that optimistic that it might break out even more higher but lets just be that sticking on being optimistic
on which the price couldnt really be going high enough or certain numbers for this year but no one really knows honestly.


Title: Re: Did you sell off during the 21k price breach.
Post by: len01 on January 18, 2023, 07:35:21 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
what's happening to the current bitcoin price is just a market cycle and it will always happen anytime and for me it's not necessarily a sign that bullish will come. some investors looking for a quick profit, maybe they have already sold it and they will wait for the price to drop below $16k again.
but all of that will not be done to investors who have long term goals, because they believe that the price of bitcoin will be more than the previous ATH.


i don't expect anything about the current bitcoin price. all i remember is that the price of bitcoin started at ATH$60k and is currently $21k, it is much cheaper and just expect to be able to collect bitcoins every day no matter what happens at the current price.
maybe I look hypocritical to miss the advantages. but i just believe that bitcoin in the future the price will never disappoint.


Title: Re: Did you sell off during the 21k price breach.
Post by: ShowOff on January 18, 2023, 08:09:37 PM
I will no longer be affected by the price increase so far, as long as my target is not touched. I have higher goals about bitcoin and so far I have to have really strong hands to always be able to hold them. Never mind about the correction and upside at $21K, I just want to enjoy the volatility. Even if the price could reach $30K in the next 1 to 2 months, I really don't want to sell either.

Price recovery can be expected throughout the year, so I don't think the kind of bullish that has been going on from early January until now is not a good time to sell. Buy and hold, this is still an opportunity even if the price is over $20K.


Title: Re: Did you sell off during the 21k price breach.
Post by: doomloop on January 18, 2023, 08:35:43 PM
I have not sold any bitcoin and I do not have any plans to do so as it would be a mistake to sell when the recovery we are experimenting is nowhere close to the previous all time high.

However it is difficult to know what it is the best course of action right now, those performing a DCA strategy do not mind at all what is happening and they are still buying bitcoin as usual, but for those which may like to time their purchases it is not clear which path is the best to take, as they could buy now hoping the price could keep going up, but if this is a bull trap then they will miss buying bitcoin for cheaper prices, but on the other hand if they keep waiting and the 21k level is broken completely then bitcoin will get even more expensive and their fiat will buy even less of it.
If you bought your coins higher than the value that we are seeing now then it is a mistake. You will only lose this way but if you bought during the dip last time then you can still be able to gain something if you sell now. I already sold some of my mine in fact but I will keep most of them because it's always better to earn huge and that is only possible when the value of your coins are raging once again.

If you don't do DCA then I think buying now is still fine because we are still far from a full recovery. If ever the price falls after it, we should only Hodl and avoid worrying or panicking. It's best to not go all in when buying so that we still have something to use in case the price moves backwards.


Title: Re: Did you sell off during the 21k price breach.
Post by: ScamViruS on January 18, 2023, 08:48:16 PM
Yes, it is true that Bitcoin reached $21,000 last Saturday, and I regret not selling at that price. The market sentiment appears to have caused the unexpected price increase, increasing demand. The price of Bitcoin has increased due to recent successes and related news.

While some people were bearish on the price of Bitcoin but this sudden pump proved them wrong. A lot of short positions have been liquidated. The market has pumped a lot in the last week, so there is a possibility of some correction here. But for long-term holders, this small pump and correction will have no impact. Because they don't think much about selling.


Title: Re: Did you sell off during the 21k price breach.
Post by: DeathAngel on January 18, 2023, 09:20:54 PM
I did not sell any bitcoin as we went over $21,000. I do not think it is a time to sell this year, we are still in a downtrend & until the price breaks above something like $30,000 that is not invalidated. I’m not totally sure that we won’t revisit lows. If you can take opportunity to scalp some profits then go ahead but I have a longer term plan with bitcoin. Everybody has different needs & plans so do what is best for you & your families.


Title: Re: Did you sell off during the 21k price breach.
Post by: cryptomaniac_xxx on January 18, 2023, 10:52:40 PM
I did not sell any bitcoin as we went over $21,000. I do not think it is a time to sell this year, we are still in a downtrend & until the price breaks above something like $30,000 that is not invalidated. I’m not totally sure that we won’t revisit lows. If you can take opportunity to scalp some profits then go ahead but I have a longer term plan with bitcoin. Everybody has different needs & plans so do what is best for you & your families.

We are still in the middle of the bear market, so yes, technically we will see a lot of downtrend this year. It's that we started this year climbing as high as $21,500 but now the price is going down.

So for everyone who sells, could be bad timing, but that is your call.

For the majority who doesn't need the money anyways, they are not going to sell or move a bit in this price uptick. Better to wait for more rise in the bull run 2024-2025 edition.


Title: Re: Did you sell off during the 21k price breach.
Post by: Davian144 on January 18, 2023, 11:11:53 PM
The price increase from $16K to $21K that is still holding today is an advantage and many people still have the desire to continue to higher prices with the aim of attracting capital.
Those who are still planning to collect more Bitcoin hope that the current situation does not continue because buying at prices like today is different from the acquisition of the amount when buying at $16K and $17k.
Today Bitcoin had another dip and is already under $21K at the moment, although this is a normal dip which then looks sideways again. But it's also still very good for the holders and for Bitcoin because the possibility to increase again is still there even though a sudden drop like today also has the possibility to come again for Bitcoin

Quote
Selling some at $21K could provide a profit with the aim of buying again when the price is lower than now. But it is uncertain whether the price will drop back below $17K. I think it is better to hold back than to sell at the current price.
Traders who had bought at a price of $ 16K to $ 17K really didn't matter if they chose to sell some at a price of $ 21K, because that was for the sake of taking profits that were in sight. But for holders or investors who intend to invest in the long term, I think selling some for now is too early because they are still likely to look and find a much better price than now on Bitcoin.


Title: Re: Did you sell off during the 21k price breach.
Post by: traderethereum on January 19, 2023, 08:45:34 AM
I still keep most of my bitcoins and only sell some to help me financially and to survive.
The current bitcoin price is enough to make us amazed because, from a price of $ 16k, it can immediately increase to $ 21k in the short term, making some of us sell some bitcoins to take profits.
Right now, maybe the market is undergoing a correction where the price of bitcoin is dropping again and staying at $20k but I'm sure this won't last long and the price will strengthen and increase again.
Maybe it's a good time to increase the number of bitcoins we have even though the price is already slightly higher than before, below $ 20k.


Title: Re: Did you sell off during the 21k price breach.
Post by: Questat on January 19, 2023, 12:00:37 PM
I'm not but for sure many have been selling off their Bitcoin for they are already tired and bored of waiting for this moment to come. Like if you are buying at $18k, you'll certainly be thinking about it just to get some profit. I consider this as an opportunity either which is something we don't need to ignore especially if you are just a short-term holder.
We are turning back low again, it is another opportunity to buy again. We have to take advantage of the volatility of the market whether to sell or buy.


Title: Re: Did you sell off during the 21k price breach.
Post by: STT on January 19, 2023, 01:07:51 PM
As a trade a pullback is normal but how far does it go before negating the hopes of a bullish move.   I think we might have already done enough to leave the ski slope regular decline since the peaks, that means even if we do lose some of these gains we should see a reappearance of positive gains later.
  Recent peak was November start pricing, on that scale we just need to stay above the mid December highs and it still has BTC acting well overall.


Title: Re: Did you sell off during the 21k price breach.
Post by: inthelongrun on January 19, 2023, 01:20:03 PM
I haven't sold anything. Not this time, the price is just too cheap compared to the next 2 years. So, is there anybody here that expects bitcoin to drop again to $16k? I would be glad for bitcoin to drop again to $16k so I can buy more at a low price but I don't think it will happen again. The only reason it dropped that low was due to FTX anyways and bitcoin has nothing to do with that scandal. I'm just glad that I was able to buy some at $16k and $17k levels. Although I will continue with my monthly bitcoin purchase either it is up or down.


Title: Re: Did you sell off during the 21k price breach.
Post by: Wiwo on January 19, 2023, 08:51:01 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Of a truth, no one can predict the direction the market will take next and as you have said many short term holders short their short in the last few days to cash in on the bitcoin price flow of last week. But at the moment bitcoin price is relying around 20700 which for now is a good price most especially to those that entered the market when the price was at a discount low of 16k some few weeks back.


Title: Re: Did you sell off during the 21k price breach.
Post by: kawetsriyanto on January 19, 2023, 09:01:32 PM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon.
How do you know that not many people expect BTC to increase in early this year?
I assume that people always want to see BTC to skyrocket as soon as possible. Everyone must be eager to take profits quickly, it is normal. But it mostly takes time to see BTC price increase significantly. So, no instant profits are easy to earn.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
TBH, I never expect that BTC to drop again below $20k.
I really hope that BTC can constantly increase its price. I expect that BTC can increase to $25k in the next few weeks/months. So, we have a chance to see BTC price around $30k again in Q2-Q3 of this year.



Title: Re: Did you sell off during the 21k price breach.
Post by: Hamphser on January 19, 2023, 10:20:30 PM
I haven't sold anything. Not this time, the price is just too cheap compared to the next 2 years. So, is there anybody here that expects bitcoin to drop again to $16k? I would be glad for bitcoin to drop again to $16k so I can buy more at a low price but I don't think it will happen again. The only reason it dropped that low was due to FTX anyways and bitcoin has nothing to do with that scandal. I'm just glad that I was able to buy some at $16k and $17k levels. Although I will continue with my monthly bitcoin purchase either it is up or down.
If you are going for long term then this would be the main thing on your mind and wont really be making yourself been affected on what others been trying to do so but if you are that someone who do loves to

make short trades then you wouldnt really be minding about on long term but rather be positioning yourself into those cheap prices and would take up some opportunity to buy.Not all would really be that having the

patience on waiting up for too long before they could cherish out the profits that they do make.Selling out on 21k price point isnt really that a bad idea and i did eventually do
that recently and im now waiting for some potentially pull back.


Title: Re: Did you sell off during the 21k price breach.
Post by: TravelMug on January 20, 2023, 05:12:32 AM
I haven't sold anything. Not this time, the price is just too cheap compared to the next 2 years. So, is there anybody here that expects bitcoin to drop again to $16k? I would be glad for bitcoin to drop again to $16k so I can buy more at a low price but I don't think it will happen again. The only reason it dropped that low was due to FTX anyways and bitcoin has nothing to do with that scandal. I'm just glad that I was able to buy some at $16k and $17k levels. Although I will continue with my monthly bitcoin purchase either it is up or down.

Yes, as I have said, this is bad timing for a sell-off. If there is a price that we need to sell or speculators thinking of selling off, it should be around $30k-$40k range because if you bought or started to accumulate at the $15k-$16k range, then your money has been double.

But if you look for a long term, which majority of us do, not going to sell this the next bull run.

There is a expectation that the next bull run will be in the 6 digit range figure. So just a bit of patience for us, just saying.


Title: Re: Did you sell off during the 21k price breach.
Post by: kotajikikox on January 20, 2023, 08:07:57 AM
I did a little mate , yeah i sold half of my coin yesterday and yes also i am looking for opportunity to re enter buying when the bear comes back and I'm sure this is going to happen any time soon.
I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.
I did not sell any bitcoin as we went over $21,000. I do not think it is a time to sell this year, we are still in a downtrend & until the price breaks above something like $30,000 that is not invalidated. I’m not totally sure that we won’t revisit lows. If you can take opportunity to scalp some profits then go ahead but I have a longer term plan with bitcoin. Everybody has different needs & plans so do what is best for you & your families.
this is why I leave half of my funds if ever the price reached out 30k then i may sell more but I am ready if there is nothing comes sooner so I sold some of it.


Title: Re: Did you sell off during the 21k price breach.
Post by: Davian144 on January 20, 2023, 09:32:20 AM
I did a little mate , yeah i sold half of my coin yesterday and yes also i am looking for opportunity to re enter buying when the bear comes back and I'm sure this is going to happen any time soon.
I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.
Everyone has their own view of seeing the market momentum at the moment so the decision to sell coins like you did is also not the wrong decision to make because it certainly has very special reasons when you sell half of it. Likewise with other people who still maintain it and do not sell at all in conditions like now. This means that both are not wrong to do as long as it can still make someone feel comfortable and not become a problem in their life.


Title: Re: Did you sell off during the 21k price breach.
Post by: ilovealtcoins on January 20, 2023, 11:08:29 AM


So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.


Title: Re: Did you sell off during the 21k price breach.
Post by: yudi09 on January 20, 2023, 12:59:52 PM
The price increase from $16K to $21K that is still holding today is an advantage and many people still have the desire to continue to higher prices with the aim of attracting capital.
Those who are still planning to collect more Bitcoin hope that the current situation does not continue because buying at prices like today is different from the acquisition of the amount when buying at $16K and $17k.
Today Bitcoin had another dip and is already under $21K at the moment, although this is a normal dip which then looks sideways again. But it's also still very good for the holders and for Bitcoin because the possibility to increase again is still there even though a sudden drop like today also has the possibility to come again for Bitcoin

Quote
Selling some at $21K could provide a profit with the aim of buying again when the price is lower than now. But it is uncertain whether the price will drop back below $17K. I think it is better to hold back than to sell at the current price.
Traders who had bought at a price of $ 16K to $ 17K really didn't matter if they chose to sell some at a price of $ 21K, because that was for the sake of taking profits that were in sight. But for holders or investors who intend to invest in the long term, I think selling some for now is too early because they are still likely to look and find a much better price than now on Bitcoin.
We still consider it positive as the $20K price could be a support point for the beginning of the year. Yes. We can say that the current situation is still good but still dare not say that it is normal even though the movement is only moving sideways.
For those who sold part of the asset to make a small profit because the purchase price at that time was lower than the current price, there is nothing wrong. But it is better to be patient for a while longer.


Title: Re: Did you sell off during the 21k price breach.
Post by: Beparanf on January 20, 2023, 01:09:07 PM


So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.

I don't see anything wrong with selling Bitcoin above 21K due to the abnormal price pump of Bitcoin for a short time. Holding until ATH is a good strategy too but taking a profit on a sudden pump like this is good too because there's always a correction for every price action like this since impulse traders will surely take a profit when after they bought below 20K once the price stops moving above. The current price is already stagnant at 21K level which is a sign that bulls power is weakening. It's either we will experience accumulation and then pump or a quick correction will happen but I'm more on the correction scenario since there's no real big news backing this run.


Title: Re: Did you sell off during the 21k price breach.
Post by: lizarder on January 20, 2023, 01:21:00 PM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Personally I prefer bitcoin to be held long term and haven't decided to sell my bitcoins for now, although in the future bitcoin will experience a correction back to 16k, for me this year bitcoin will experience a gradual increase, so deciding to sell now is not the time right, even though many people are trying to take short term profits in bitcoin. Everyone must have their own way of entering or selling the bitcoin they have.

But for me long-term use is much more profitable, as long as we can wait for the achievement of ATH and not panic when the correction process takes place, 2022 was a bloody year for bitcoin, but this year I am optimistic that bitcoin will gradually increase and a recovery point has occurred within a few weeks.


Title: Re: Did you sell off during the 21k price breach.
Post by: fadhilz123 on January 20, 2023, 01:57:09 PM
There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.
If you consider the increase that occurred this month as a trap, it means that you are still very doubtful about the increase in Bitcoin because I never thought the increase in Bitcoin was a trap. Bitcoin's potential to increase this year also has a greater possibility than a price drop to the level you mentioned.

Because some investors and traders have also started to pay attention to Bitcoin again in the market even though there are two possibilities that could still happen to Bitcoin this year, but the possibility to increase seems to be far greater than a price correction to a lower level.


Title: Re: Did you sell off during the 21k price breach.
Post by: Kelvinid on January 20, 2023, 02:05:09 PM
There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.
If you consider the increase that occurred this month as a trap, it means that you are still very doubtful about the increase in Bitcoin because I never thought the increase in Bitcoin was a trap. Bitcoin's potential to increase this year also has a greater possibility than a price drop to the level you mentioned.

Because some investors and traders have also started to pay attention to Bitcoin again in the market even though there are two possibilities that could still happen to Bitcoin this year, but the possibility to increase seems to be far greater than a price correction to a lower level.
We can't stop people from thinking about the possible trap because it also happens multiple times. This gives the idea to become more cautious and careful with all our actions when there is a pump of price. If they are selling their Bitcoin now it is probably because they wanted to take advantage of the price increase and make a profit as they never know when it comes again. But if you are still holding, we don't need to worry because Bullrun is also possible to come and it was even more profit to earn either.


Title: Re: Did you sell off during the 21k price breach.
Post by: Nrcewker on January 20, 2023, 02:17:32 PM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Like I said earlier many times, the price of the coin solely depends on us. If we demand to buy more coins, then the price will rise, if we demand to sell more then the price will fall. And this happens in whole and bulk amount. The reason for which this happens is due to the Supply and Demand method. Now regarding the price, I don’t think it will fall anywhere too soon. Bitcoins always followed a similar growth pattern, and this time it is a hint of starting the bull market. Let’s see what happens next, this next 2-3 weeks will be very crucial.


Title: Re: Did you sell off during the 21k price breach.
Post by: Bitcoin_people on January 20, 2023, 03:13:04 PM
I noticed that the Bitcoin market suddenly spiked to $21,000 in early 2023. however, it is difficult to say whether the Bitcoin market will return to $16,000 in 2023. It may actually come, but most of the time, it looks like Bitcoin will grow slowly in 2023. Bitcoin will increase in value in 2024, so it seems wise to invest in Bitcoin. Current market looks like bitcoin price is between $21k to $20k and likely to increase gradually.


Title: Re: Did you sell off during the 21k price breach.
Post by: sana54210 on January 20, 2023, 07:44:09 PM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Like I said earlier many times, the price of the coin solely depends on us. If we demand to buy more coins, then the price will rise, if we demand to sell more then the price will fall. And this happens in whole and bulk amount. The reason for which this happens is due to the Supply and Demand method. Now regarding the price, I don’t think it will fall anywhere too soon. Bitcoins always followed a similar growth pattern, and this time it is a hint of starting the bull market. Let’s see what happens next, this next 2-3 weeks will be very crucial.
There is a "hint" of starting the bull market, but that hint is not enough. We need some more proof that it's going to be on the bull market, which is going to be difficult to handle but I think it could very well happen. We just need to make sure that it's going to end up being good overall.

I believe that we should be focusing on making some sort of profit in the long run by buying low, but we shouldn't have any type of indication where it's going, we could wait for a month, we could wait for a year, and it should be fine. I do believe that it the start of a bull run, but I won't tell anyone to wait for a big increase coming up soon, it's just not something I could predict.


Title: Re: Did you sell off during the 21k price breach.
Post by: erep on January 20, 2023, 09:00:22 PM
Everyone has their own view of seeing the market momentum at the moment so the decision to sell coins like you did is also not the wrong decision to make because it certainly has very special reasons when you sell half of it. Likewise with other people who still maintain it and do not sell at all in conditions like now. This means that both are not wrong to do as long as it can still make someone feel comfortable and not become a problem in their life.
Every investor has a strategy in every investment because some investors judge the current momentum to recover losses so sell some at the recovery price and buy it again after the market correction, they may be big investors so selling half of the assets can make a few thousand dollars profit, but it doesn't matter if they use some of the assets for short-term trading for the purpose of covering losses on some of the other assets if the price decreases due to the uncertainty of market prices.


Title: Re: Did you sell off during the 21k price breach.
Post by: uneng on January 20, 2023, 09:35:29 PM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Some investors have sold their bitcoins once the price spiked to 21,000$, as they believe there is going to be a deep correction to previous price ranges this year yet. However, by watching the charts it's possible to see not too many investors are thinking like this, since we are still in the same 21,000$ level, otherwise we would have already seen a massive drop to 18,000$ at least. That means most investors are not giving up their holdings for short term gains, so I would say it's safer to do exactly like them, just hold.


Title: Re: Did you sell off during the 21k price breach.
Post by: Ayebabara on January 20, 2023, 09:54:50 PM

Is hard to predict the next move, but with the current market cap of $977.09B I don't think this is going back to $16k in the next few days. I know it was a nice surprise to see btc touching $21k, and some of us feel bad for selling in the past days at $17k... but that's how the markets rolls, Bitcoin loves to give us these crazy moves. Let's see what this week has for us.

I also think it will go back to the $16K margin the best thing for any one trying to accumulate will be to do DCA at least every week because I believe each we will have new price either a huge dump or high rise. With DCA the loss might be minimized or the profit been maximized. Right now I am not selling off till we touch maybe $50k something I see to happen by ending of the year. This little market pump is the best time to sell of all altcoins
As seoincorporation said it is very hard to predict the next move of the market, but according to some experts, bitcoin price will reach 22$k this year then it will go down to the previous normal stand of $15k till next year which will boost the price to ATH in 2024. But that is human calculation and Prediction but the method might change dimension. Zaguru12 that is what many predictors are also saying that the price will go back $16 or below. Last year December I sold off all my BTCs in the trust wallet. And in this year I will open a non custodian wallet to start afresh. In the world of bitcoin it will s good to be proactive. Be calculative and risk minded so that the market will not take you by surprise.


Title: Re: Did you sell off during the 21k price breach.
Post by: JimboToronto on January 20, 2023, 10:54:57 PM
The only reason to ever sell is if you absolutely need the money for another purpose.

Never base the decision to sell on the price.


Title: Re: Did you sell off during the 21k price breach.
Post by: STT on January 20, 2023, 11:03:13 PM
The price is not the value, so yea I agree with that.  Ideally everyone on this forum is better informed and values BTC higher then the market itself does.   Theres times a product will be discounted and subject to a lower pricing and other times it could be considered expensive.   My personal reckoning for BTC over the last year was yes the price fell but relative to 20 years highs in Dollar index, BTC is doing better then I expected under that burden and unpopularity.    
  I'm not saying it was a sunny day but we can have out performance even within a decline and negative trend.  I think even down to 10k was a possible but BTC was heavily resistant to that.   The relevance to now would be that strength under pressure should be noted and respected because that force contained can return us upwards faster then expected.     We had a bullish break upwards today following previous very strong action so patience is being rewarded currently.  How to judge when to be patient and hold and when to sell fast is probably the most  important thing for speculative type swing trades I think.


Title: Re: Did you sell off during the 21k price breach.
Post by: JimboToronto on January 20, 2023, 11:36:35 PM
The price is not the value...

Indeed.

Warren Buffett didn't make his billions buying and selling stocks willy-nilly based on the price.

He based his decisions on what he saw as the potential value of the companies he invested in and then worked to increase their current value by restructuring, improving efficiency, and increasing their productivity. He didn't buy to sell. He bought and held long-term. He didn't "play" the stock market like some kind casino game. He bought the casino and improved it.

Obviously Bitcoin is not the stock market. There are some parallels though. The reason to invest in Bitcoin is not to hope the price will go up. The reason is seeing the long-term potential of a revolutionary new technology to change the world of finance. Buying and steadfastly holding increases stability, which in turn leads to increased adoption and in turn demand, which eventually brings great returns, just like Buffett's little shirt company.

Constantly buying and selling debases Bitcoin and reduces it to the level of a penny stock.


Title: Re: Did you sell off during the 21k price breach.
Post by: mich on January 21, 2023, 01:27:14 PM
Well I did begin to sell at 21k just a little bit. I think most people panic sell when others are talking about it. FUD start to kick in and we think we are being cautious by getting out. Personally, I don’t often follow the crowd and I tend to hold long but that’s because I try and put my money behind investments I truly believe in.

This includes bitcoin for example. I think if you really like an investment, you don’t get swept up by the fear because you trust your gut and you know you have a winner if you can just wait it out.


Title: Re: Did you sell off during the 21k price breach.
Post by: ilovealtcoins on January 21, 2023, 01:38:32 PM


So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

There is still a chance bitcoin will drop to $16k again, what is happening is more of a trap than a real bull run. But I will not sell my bitcoins at this price or higher because there is no guarantee bitcoin will fall back. The profit is also too small if anyone sells from now on, I think most people will wait until bitcoin hits ATH to start selling them.

I don't see anything wrong with selling Bitcoin above 21K due to the abnormal price pump of Bitcoin for a short time. Holding until ATH is a good strategy too but taking a profit on a sudden pump like this is good too because there's always a correction for every price action like this since impulse traders will surely take a profit when after they bought below 20K once the price stops moving above. The current price is already stagnant at 21K level which is a sign that bulls power is weakening. It's either we will experience accumulation and then pump or a quick correction will happen but I'm more on the correction scenario since there's no real big news backing this run.

Yes, there is nothing wrong if you sell for 21k, but today price went up to 22.8k and even reached 23k if you sold bitcoin yesterday, you made a profit, but now you will regret it. There is no guarantee bitcoin will turn back down, I have not seen any signs of the bulls weakening, as you say. If someone sold bitcoin yesterday, it would be a real pity.


Title: Re: Did you sell off during the 21k price breach.
Post by: KingsDen on January 21, 2023, 02:28:07 PM
The only reason to ever sell is if you absolutely need the money for another purpose.

Never base the decision to sell on the price.

It all boils down to individual decisions and purpose of investment. According to what the topic creator said people, people who invested for a short term purpose  must have sold off at 21k. For people whose investment are targeted at long-term does not have any business selling at 21,000 dollars and also people that bought at the price of 40,000 above does also not have any business to sell at 21,000 dollars.

To me I did not sell and even if the price is at 50,000 dollars today I will not also sell. I can only sell when there is a new all-time high.


Title: Re: Did you sell off during the 21k price breach.
Post by: $crypto$ on January 21, 2023, 03:51:24 PM
To me I did not sell and even if the price is at 50,000 dollars today I will not also sell. I can only sell when there is a new all-time high.
keep it up!! I'm sure above $50,000 in the next few months eg I don't want to sell either but we would like to see price to surpass the previous ATH so it will be an all-time point again we will definitely look at that and definitely stick with it from now on.
It seems that bitcoin continues to move up making me a little happy to see the market grow again but I still want to keep buying at the current price.


Title: Re: Did you sell off during the 21k price breach.
Post by: _BlackStar on January 21, 2023, 04:30:24 PM
Well I did begin to sell at 21k just a little bit. I think most people panic sell when others are talking about it. FUD start to kick in and we think we are being cautious by getting out. Personally, I don’t often follow the crowd and I tend to hold long but that’s because I try and put my money behind investments I truly believe in.

This includes bitcoin for example. I think if you really like an investment, you don’t get swept up by the fear because you trust your gut and you know you have a winner if you can just wait it out.
I'm not going to sell it for fear of missing the opportunity to sell it for a high price, but I have to sell it when I really need the money urgently after some other considerations. I don't think $21K is a high price to sell some or all of your bitcoins but if you really need it then you can sell it anytime as long as you understand and consider it well.

Holders are winners, but we don't have to be holders forever for any reason. We need money and we also need to enjoy life, so taking profits at the right time is the reason why you invest, but it's not the only one.


Title: Re: Did you sell off during the 21k price breach.
Post by: DaNNy001 on January 21, 2023, 10:45:56 PM
Well I did begin to sell at 21k just a little bit. I think most people panic sell when others are talking about it. FUD start to kick in and we think we are being cautious by getting out. Personally, I don’t often follow the crowd and I tend to hold long but that’s because I try and put my money behind investments I truly believe in.

This includes bitcoin for example. I think if you really like an investment, you don’t get swept up by the fear because you trust your gut and you know you have a winner if you can just wait it out.
I'm not going to sell it for fear of missing the opportunity to sell it for a high price, but I have to sell it when I really need the money urgently after some other considerations. I don't think $21K is a high price to sell some or all of your bitcoins but if you really need it then you can sell it anytime as long as you understand and consider it well.

Holders are winners, but we don't have to be holders forever for any reason. We need money and we also need to enjoy life, so taking profits at the right time is the reason why you invest, but it's not the only one.
I totally agree with you on this, but with what I have seen is like everyone just says that are going to hodl tiil the next bull run. But i feel this must not be the same with everyone, as i sold some of mine today owing to the fact that, i was in dire need of cash and i sold a little to settle this issues. The  price today was really something to smile about as btc is slowly climbing upwards and now up 23k today but many still see this current uptrend as a trap and feel that bitcoin is going to fall back to 16k as the propose year for the speculated rise has not reach @2024 halving


Title: Re: Did you sell off during the 21k price breach.
Post by: capedbaldy on January 21, 2023, 10:58:37 PM

Is hard to predict the next move, but with the current market cap of $977.09B I don't think this is going back to $16k in the next few days. I know it was a nice surprise to see btc touching $21k, and some of us feel bad for selling in the past days at $17k... but that's how the markets rolls, Bitcoin loves to give us these crazy moves. Let's see what this week has for us.

I also think it will go back to the $16K margin the best thing for any one trying to accumulate will be to do DCA at least every week because I believe each we will have new price either a huge dump or high rise. With DCA the loss might be minimized or the profit been maximized. Right now I am not selling off till we touch maybe $50k something I see to happen by ending of the year. This little market pump is the best time to sell of all altcoins
You are right, but the DCA method is not fully optimal because if you imagine selling at $ 18k yesterday then for sure you are not getting the maximum profit and the price of $ 21 is quite stable at this time and it is not certain whether the price will be higher, at the current conditions you make sure not will buy it because you already take profit at a lower price.


Title: Re: Did you sell off during the 21k price breach.
Post by: Tamaperdana on January 22, 2023, 01:00:49 AM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
I don't expect that, I'm just waiting for the bitcoin halving next year, because I'm targeting it in the long term, maybe for short-term investors it will be profitable if it goes down again.
but for long-term investors, this may still be considered normal, there must even be someone who adds to their bitcoin assets.


Title: Re: Did you sell off during the 21k price breach.
Post by: Rigon on January 22, 2023, 03:25:51 AM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023 as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
We have ended the disastrous year 2022. By early 2023 we are finding new hope in the market. Many thought the market would not grow until early 2023. After all the speculation, the market has now stabilized between $20k and $22k. But tomorrow the market bounces back from $23,365 to $22,700. Based on the current situation of Bitcoin, we can say that the market is definitely in a good position.

We are going to hear there is good news this January. The Bitcoin financial meeting will be held from January 31st to February 1st. Here, if the Federal Reserve raises monetary interest rates for Bitcoin, it will definitely bring good news for Bitcoin and may pump up the price.


Title: Re: Did you sell off during the 21k price breach.
Post by: GeorgeJohn on January 22, 2023, 10:25:39 AM
Not many people expected the sudden rise in the price of bitcoin in the early part of 2023
that's while the market of cryptocurrency is not dependable, the increment of Bitcoin price is determine by the market demands and the market supplies. So many people will be surprised because of the long stays of bearish market since last year.

as speculation i have online and also in the forum have started the bull is not going to be coming anytime soon. But the price of bitcoin surprisingly reached 21k on Saturday and many short time holders saw this as a wonderful opportunity to sell off some of their coins and wait for the price to go low again before buying.
actually their is every tendency that the price of Bitcoin is going to fall, and in some extent i believe that Bitcoin price will just increase and Falls before it will recover and continue to move further of acceleration in price. It's right time to people who purchase when the price was at the point of twelve thousand, and precisely short investors, and long term investors should not panic to sell.


Title: Re: Did you sell off during the 21k price breach.
Post by: CageMabok on January 22, 2023, 11:56:34 AM
Yes, there is nothing wrong if you sell for 21k, but today price went up to 22.8k and even reached 23k if you sold bitcoin yesterday, you made a profit, but now you will regret it. There is no guarantee bitcoin will turn back down, I have not seen any signs of the bulls weakening, as you say. If someone sold bitcoin yesterday, it would be a real pity.
There is no need to spare those who sell Bitcoin at $21K because it is done on their own whim and decision. Because basically the seller also knows that Bitcoin will slowly increase again this month, but he only wants a certain amount of profit and maybe not that big. After all it wouldn't make Bitcoin any worse though it would have wasted a better opportunity for itself by selling faster.

You are right, but the DCA method is not fully optimal because if you imagine selling at $ 18k yesterday then for sure you are not getting the maximum profit and the price of $ 21 is quite stable at this time and it is not certain whether the price will be higher, at the current conditions you make sure not will buy it because you already take profit at a lower price.
In fact, it was only a loss because they sold it too quickly, but in terms of capital and profits, it was clear. Now even Bitcoin is at a price of $ 22K + and very close to $ 23K even though it arrived yesterday but for now it is back below $ 23K. So it would be better if everyone wants to hold Bitcoin without selling it at the current price because it is also for better profit.


Title: Re: Did you sell off during the 21k price breach.
Post by: Yamifoud on January 22, 2023, 01:33:25 PM

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Maybe the others, but I don't. May the price will drop again but I was not hopeless yet for the price of Bitcoin will stay above $18k. We have had a huge drop in the past few weeks, I think that was the bottom already. I was optimistic to see the market become stable in this year and less affected by the FUDs.

I assume that everyone had learn last year and from the previous bear season, it wasn't easy to keep holding and waiting for the next bull season but I think we have to do it.


Title: Re: Did you sell off during the 21k price breach.
Post by: Fara Chan on January 22, 2023, 03:03:16 PM
I don't expect that, I'm just waiting for the bitcoin halving next year, because I'm targeting it in the long term, maybe for short-term investors it will be profitable if it goes down again.
but for long-term investors, this may still be considered normal, there must even be someone who adds to their bitcoin assets.

Of course, for investors who aim in the short term, most of them have started selling their assets, some have sold half, maybe all, and for people who are really in a state of need for very important needs, they will do it, some of the big investors or small they prefer to increase their assets rather than sell them even though the current situation is a small bull, most of them are waiting for the right ATH in speculating their assets for maximum profit.

The situation of small bulls in the market has resulted in many changes in the market, from an investor point of view, it has started to improve. We and other investors have welcomed this situation by adopting a policy of holding and adding assets little by little and getting involved in investing. We hope that we will not reduce assets. in the near future except for circumstances that are not possible and cause us to reduce a little for very urgent needs.



Title: Re: Did you sell off during the 21k price breach.
Post by: Jating on January 22, 2023, 04:27:49 PM
And if someone sold, then it's already a lost to them. I see someone says to rebuy when the price goes down, but you have to wait for it, and for all we know we might not see the price below $20k again.

Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.


Title: Re: Did you sell off during the 21k price breach.
Post by: _BlackStar on January 22, 2023, 04:38:46 PM
-snip-
I totally agree with you on this, but with what I have seen is like everyone just says that are going to hodl tiil the next bull run. But i feel this must not be the same with everyone, as i sold some of mine today owing to the fact that, i was in dire need of cash and i sold a little to settle this issues.
You know, I'm not going to generalize that everyone should be equal in decision making. Hold or sell now are possible decisions for you to consider, and like I said, [you can do it if you need].

The  price today was really something to smile about as btc is slowly climbing upwards and now up 23k today but many still see this current uptrend as a trap and feel that bitcoin is going to fall back to 16k as the propose year for the speculated rise has not reach @2024 halving
I know that everyone who buy on the previous dip between $15K - $20K will turn profit as the bitcoin price breached $23K yesterday - but only if you sell it of course.

I don't sell them, so I don't enjoy the profit because as long as I'm holding bitcoin, only the value fluctuates whereas the same number of coin stays the same [unless I start accumulation them]. Now, enjoy your profit if indeed you have sold it. But for whatever, you don't need to trust what people say online, especially about another possible low at $16K. Stay wise and don't use other people's analysis as benchmark for your investment because they basically don't make it financial advice.


Title: Re: Did you sell off during the 21k price breach.
Post by: salad daging on January 22, 2023, 05:25:03 PM
And if someone sold, then it's already a lost to them. I see someone says to rebuy when the price goes down, but you have to wait for it, and for all we know we might not see the price below $20k again.

Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.
They have taken a bit of profit after that waiting for bitcoin price to go down i don't think in the near future bitcoin is not going down we are looking more at the positive trend for bitcoin which could maybe go up to $25,000 at the end of this month obviously this is a loss they are selling now they can't last long for something bigger in the future.

I think they have definitely concluded that's why sell at the current price, maybe for the short term but for me this is a loss from my average purchase so it is necessary to maintain the bitcoins that are owned, with this little bullrun many have sold because some are afraid down again there is also taking profits in this way, on the other hand I am sticking with it for the long term I don't want to sell now but will regret it later.


Title: Re: Did you sell off during the 21k price breach.
Post by: KingsDen on January 22, 2023, 05:48:01 PM
The only reason to ever sell is if you absolutely need the money for another purpose.

Never base the decision to sell on the price.

It all boils down to individual decisions and purpose of investment. According to what the topic creator said people, people who invested for a short term purpose  must have sold off at 21k. For people whose investment are targeted at long-term does not have any business selling at 21,000 dollars and also people that bought at the price of 40,000 above does also not have any business to sell at 21,000 dollars.

To me I did not sell and even if the price is at 50,000 dollars today I will not also sell. I can only sell when there is a new all-time high.

The act of holding is determined by the purpose of investment, investment fund and duration of investment. I don't commit much into bitcoin but I buy weekly with a little fund I am able to lose. I have been buying when the price was higher than 23k and still bought when it is lower than 23k.

Then, I must continue to buy even if the price goes really up, unless it goes to the point I want to exit the market. But this cannot be said of someone who used his monthly house rent to buy bitcoin


Title: Re: Did you sell off during the 21k price breach.
Post by: Cantsay on January 22, 2023, 10:53:50 PM
Yes, there is nothing wrong if you sell for 21k, but today price went up to 22.8k and even reached 23k if you sold bitcoin yesterday, you made a profit, but now you will regret it. There is no guarantee bitcoin will turn back down, I have not seen any signs of the bulls weakening, as you say. If someone sold bitcoin yesterday, it would be a real pity.

Like I said before my coins remain with till Bitcoin gets to 120k the only ones I can consider selling off are those that I got from other means like from trading some airdrop coin/token to Bitcoin or from signature campaign. But as for those that I purchased with my savings they are going to remain with me till I'm satisfied with the price of Bitcoin and that satisfaction will start from $120k and above. Although some have made it big from this ~$23,000 because most of them bought their coins when the price was $15,000 so even if they sell of their coin at the current price they're still going to realize some tangible profit from it.


Title: Re: Did you sell off during the 21k price breach.
Post by: kotajikikox on January 23, 2023, 01:09:14 AM
I did a little mate , yeah i sold half of my coin yesterday and yes also i am looking for opportunity to re enter buying when the bear comes back and I'm sure this is going to happen any time soon.
I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.
Everyone has their own view of seeing the market momentum at the moment so the decision to sell coins like you did is also not the wrong decision to make because it certainly has very special reasons when you sell half of it. Likewise with other people who still maintain it and do not sell at all in conditions like now. This means that both are not wrong to do as long as it can still make someone feel comfortable and not become a problem in their life.
That is correct and that is also my views mate , it is my funds so it is only me that can decide as what to have, it may be my losing chance or winning ? who cares right?
I bought in lower price so selling when I'm in profit is also my choice , now I can buy more if the dumping starts to happen again.


Title: Re: Did you sell off during the 21k price breach.
Post by: Maslate on January 23, 2023, 01:21:27 AM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
The price uptrend is very consistent, as of this writing, it's already trading at over 22k.

This is a good recovery, however, I don't expect that bull run will come anytime soon, it's too early if we based it on the price history of bitcoin and the entire crypto market. So what we should do now is to take advantage of the decent increase, take that profit and then maybe wait until the price will drop again. Or if you want a better profit, then might as well hold a little bit, and wait for the real bull run, I'm pretty sure that a new ATH will come.


Title: Re: Did you sell off during the 21k price breach.
Post by: LogitechMouse on January 23, 2023, 03:11:01 AM
No. Not at all.

I mean a small bounce will not make me sell any of my Bitcoin holdings at all, but I admit that I need to sell some of my altcoin holdings. I sold it yesterday just because I want to re-invest it into dividend paying stocks.

My prediction this year with regards to Bitcoin's price is that, it will move sideways at the range of $17,000-$25,000, but we are just in the 4th week of 2023 and yet we are seeing Bitcoin's price going up already.

Is this price increase sustainable? I don't think so. I mean I don't see any reason aside from the fact that the S&P500 and DJI is starting to increase. US Stock Market and crypto market's price movement are somewhat the same or correlated.


Title: Re: Did you sell off during the 21k price breach.
Post by: MachineGam on January 23, 2023, 03:54:39 AM
Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k


Title: Re: Did you sell off during the 21k price breach.
Post by: Minecache on January 23, 2023, 04:12:23 AM
And if someone sold, then it's already a lost to them. I see someone says to rebuy when the price goes down, but you have to wait for it, and for all we know we might not see the price below $20k again.

Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.

As long as they make a profit, they don't lose, no one knows how much bitcoin will go up, so there's nothing wrong with them selling at $21k and already making a profit. And we are still in the bearish season, so the possibility of bitcoin falling back is not impossible. Neither you nor I nor anyone knows if bitcoin will rise or fall in the coming days, so your statement that bitcoin won't drop to $20k again is a false statement. As for me, I am still cautious even though the price has increased.


Title: Re: Did you sell off during the 21k price breach.
Post by: bittraffic on January 23, 2023, 05:11:38 AM
And if someone sold, then it's already a lost to them. I see someone says to rebuy when the price goes down, but you have to wait for it, and for all we know we might not see the price below $20k again.

Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.

As long as they make a profit, they don't lose, no one knows how much bitcoin will go up, so there's nothing wrong with them selling at $21k and already making a profit. And we are still in the bearish season, so the possibility of bitcoin falling back is not impossible. Neither you nor I nor anyone knows if bitcoin will rise or fall in the coming days, so your statement that bitcoin won't drop to $20k again is a false statement. As for me, I am still cautious even though the price has increased.

If they rebuy at a higher price that means they lose satoshis. I actually lost some since I sold at $21K. It never drop to 19k as I expect so I didn't buy back at all but goes for an altcoin that I plan to have a stash.

It doesn't look like it's going to be dumped soon so we might hit $25K first before falling back again. I could be wrong about this speculation but sure many are expecting the BTC price to fall again.


Title: Re: Did you sell off during the 21k price breach.
Post by: lienfaye on January 23, 2023, 07:33:49 AM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
I think if there's no negative news (again) that can affect crypto as a whole and can scare the weak investors from holding then it's possible that we can move forward without worrying for the price to return back at $16k value again. But of course it's too early to say since we're still in the first quarter of the year.

Anyway to answer the title, I did take profit after the price reached the above $20k value. Because it's been a while since the last pump hence the minor recovery of Bitcoin is also an opportunity to enjoy some profit and as a long term hodler I deserved it.


Title: Re: Did you sell off during the 21k price breach.
Post by: GeorgeJohn on January 23, 2023, 08:26:52 AM
Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k
You're saperspective it's really nice, but it's unbelievable that cryptocurrency is not expected to reach hundred thousand now, i will say that can happen when more investors comes into Bitcoin and secondly when theirs a positive information concerning cryptocurrency it's when Bitcoin will have changes.


Title: Re: Did you sell off during the 21k price breach.
Post by: peter0425 on January 23, 2023, 08:41:29 AM
I don't know if it is good or bad that I did not sold any of my coins till now , maybe because I am ready for holding till next halving ? or i trust bitcoin and my altcoins more than anything in this market?

I acted as i fail myself back in 2017 and in 2021 so with this I am sure that I will never fail investing and holding again?

Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k
like yours? yeah lets see if it will hit that 6 digits for the first  time and this year?


Title: Re: Did you sell off during the 21k price breach.
Post by: CageMabok on January 23, 2023, 09:01:43 AM
Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k
The expectation is too far for $ 100K mate, because between price increases there will certainly be such a thing as a correction in the market for Bitcoin so that the time needed to reach such a high number will obviously be very long. So it's better to hope at a more reasonable price in the near future, although it wouldn't be so bad if you were to expect the price to be that high in the long term.


Title: Re: Did you sell off during the 21k price breach.
Post by: rodskee on January 24, 2023, 02:30:25 AM
To me I did not sell and even if the price is at 50,000 dollars today I will not also sell. I can only sell when there is a new all-time high.
keep it up!! I'm sure above $50,000 in the next few months eg I don't want to sell either but we would like to see price to surpass the previous ATH so it will be an all-time point again we will definitely look at that and definitely stick with it from now on.
It is indeed coming to happen , 50k? I believe that this may happen but at least in 2024-2025 because this year seems to be continuously lowering or staying at least 25k the highest.
Quote
It seems that bitcoin continues to move up making me a little happy to see the market grow again but I still want to keep buying at the current price.
we are all happy but don't expect too much mate for us not to feel the failure and the losses .


Title: Re: Did you sell off during the 21k price breach.
Post by: Joshapat on January 26, 2023, 09:20:48 AM
When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.


Title: Re: Did you sell off during the 21k price breach.
Post by: TalkativeCoin on January 26, 2023, 09:54:14 AM
I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.

In the end I've focused on buying and cost averaging.


Title: Re: Did you sell off during the 21k price breach.
Post by: Dave1 on January 26, 2023, 10:27:38 AM
I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.

In the end I've focused on buying and cost averaging.

Good for you mate, that's should be the mindset, even though the price seems to be increasing like everyday this month, still very far from what the prices should be in the long term. So just buying will be the best option for us today and not selling.

DCA or whatever strategy you think will fit for you and your budget, and I think that is the plan that we should have, buy and HODL.

Time flies so fast that we won't notice that it will be second of the year and then bitcoin halving next year.


Title: Re: Did you sell off during the 21k price breach.
Post by: marine4u on January 26, 2023, 10:52:11 AM
I don't know if it is good or bad that I did not sold any of my coins till now , maybe because I am ready for holding till next halving ? or i trust bitcoin and my altcoins more than anything in this market?
I have this same scenario.  I didn't sell any of my coins as panic and hack events interspersed, my coins lost approximately 5-7 the cost at purchase.  I had the opportunity to sell and make a profit at the end of 2021 but didn't, and I really believe I did the right thing and continued the long term strategy.  Currently, I continue to accumulate and DCA continues to these coins.

Believe in the long-term and continuous development of the projects that I have.  That's all I'm doing and thinking


Title: Re: Did you sell off during the 21k price breach.
Post by: CageMabok on January 26, 2023, 12:59:27 PM
When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.
Now Bitcoin is in the $23K range and still on the rise. It looks like before the start of next month Bitcoin will continue to be close to $24K and possibly even more if the buying demand continues to increase and there is no FUD of any kind for the next few days. So don't be too quick to sell even though you've seen a profit for a few percent now even if it's your own decision to run a slightly different strategy in order to increase more profits.


Title: Re: Did you sell off during the 21k price breach.
Post by: TalkativeCoin on January 26, 2023, 01:59:34 PM
I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.

In the end I've focused on buying and cost averaging.

Time flies so fast that we won't notice that it will be second of the year and then bitcoin halving next year.

That was pretty much my POV too, especially as I got older with having 101 other obligations, then the rest of the non-in-focus things just passes you by in a blink.


Title: Re: Did you sell off during the 21k price breach.
Post by: YOSHIE on January 26, 2023, 03:27:04 PM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Believe it or not, nowadays many users or crypto experts are speculating for the Bull market against Bitcoin, they don't hope anymore for the bear market, maybe the bear market speculation is over.

Going into 2023, it's not a solution to wait for the Bitcoin price to drop $16k, now if you understand some speculation experts it's time to invest and keep your Bitcoin as much as you can, good opportunities will be waiting for you in the future.

What I say, does not mean something that is true to be a guideline, but you can analyze and correct back about Bitcoin speculation now and in the future. but my gut tells me so.


Title: Re: Did you sell off during the 21k price breach.
Post by: DaNNy001 on January 26, 2023, 04:50:22 PM
When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.
Now Bitcoin is in the $23K range and still on the rise. It looks like before the start of next month Bitcoin will continue to be close to $24K and possibly even more if the buying demand continues to increase and there is no FUD of any kind for the next few days. So don't be too quick to sell even though you've seen a profit for a few percent now even if it's your own decision to run a slightly different strategy in order to increase more profits.
That's exactly what we are hoping for, a continuous rise in the price of bitcoin and maybe even reaching an ATH again. There are so many speculations about this sudden rise as a temporary bull run and that the price is still going to drop again but what can one say, thats the just volatility of bitcoin as no one actually knows how and what the faith of bitcoin will be by the end of the year. The year is still young and there are ups and downs still install in the year waiting to show itself. All we can do as investors in the crypto space is to hope thats these updates doesn't affect the rate of bitcoin as it did in 2022 which lead to the drastic drop in the bitcoin price.
everyone should just keep holding and lets see what this year brings


Title: Re: Did you sell off during the 21k price breach.
Post by: ShowOff on January 26, 2023, 04:55:03 PM
Believe it or not, nowadays many users or crypto experts are speculating for the Bull market against Bitcoin, they don't hope anymore for the bear market, maybe the bear market speculation is over.

Going into 2023, it's not a solution to wait for the Bitcoin price to drop $16k, now if you understand some speculation experts it's time to invest and keep your Bitcoin as much as you can, good opportunities will be waiting for you in the future.

What I say, does not mean something that is true to be a guideline, but you can analyze and correct back about Bitcoin speculation now and in the future. but my gut tells me so.
Regardless of whether they believe it or not, everyone will also know about the fact that during January 2023 the price of bitcoin and most other altcoins has increased. Of course they don't have to trust anyone online because actually we are not saying anything definite, but analysis can certainly help them to believe both fundamentally and technically.

I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.


Title: Re: Did you sell off during the 21k price breach.
Post by: ginsan on January 26, 2023, 06:50:43 PM
Regardless of whether they believe it or not, everyone will also know about the fact that during January 2023 the price of bitcoin and most other altcoins has increased. Of course they don't have to trust anyone online because actually we are not saying anything definite, but analysis can certainly help them to believe both fundamentally and technically.

I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
why some of us still believe the narratives of influencers on social media. can not you determine the direction of the future through your personal analyst. It's not surprising that some of them relatively follow the predicted signals from some influencers so that it can cause panic when they say we will face a down wave.

I investing and trading through my own analysis and determining when to exit and when to enter. Especially in the current bull market conditions of course this is still the beginning of what we have seen, there is still a bigger wave of price increases. I hope no one sells at $22k or $23k.


Title: Re: Did you sell off during the 21k price breach.
Post by: tygeade on January 26, 2023, 07:44:04 PM
So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?
Believe it or not, nowadays many users or crypto experts are speculating for the Bull market against Bitcoin, they don't hope anymore for the bear market, maybe the bear market speculation is over.

Going into 2023, it's not a solution to wait for the Bitcoin price to drop $16k, now if you understand some speculation experts it's time to invest and keep your Bitcoin as much as you can, good opportunities will be waiting for you in the future.

What I say, does not mean something that is true to be a guideline, but you can analyze and correct back about Bitcoin speculation now and in the future. but my gut tells me so.
That is mainly because it has been in the bear market for too long that there is only one way to move forward. I mean if it stays low and keeps going lower that would mean it could drop to unseen levels for too long and the support line there is too huge.

It means that we are going to end up with a bit of an increase, even if it goes back down to original bottom, it has to first go up a before it could drop again. Which is why so many people consider the current situation as doing as fine as possible and everyone thinks it will go up. I agree with them, we are going to see some massive jumps in price because it needs some room for growth and to move again so it will stop being stuck at around these prices.


Title: Re: Did you sell off during the 21k price breach.
Post by: fullhdpixel on January 26, 2023, 08:24:32 PM
Regardless of whether they believe it or not, everyone will also know about the fact that during January 2023 the price of bitcoin and most other altcoins has increased. Of course they don't have to trust anyone online because actually we are not saying anything definite, but analysis can certainly help them to believe both fundamentally and technically.

I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
The increase that happened lately can be their indication that a bull run is coming but there a lot of people who are actually against it. They say that what happened can only be a bull trap.

Like it or not, there will always be people who easily believes on what others are saying especially if they are less knowledgeable and then those who give statements present themselves as an expert on that field but I guess they already know the consequences of doing this and sometimes those give their own predictions do also give a disclaimer that not all they say must be taken seriously. Whether a bull run is confirmed or not, it's always a good idea to keep on stacking bitcoins to secure one's future.


Title: Re: Did you sell off during the 21k price breach.
Post by: OgNasty on January 26, 2023, 08:30:17 PM
Imagine holding from $68K down to $16K only to then sell at $21K?  Who would do such a thing? 

In short, no I did not sell off during the $21K price breach.  I will probably sell off a great deal at the $200K price breach, and might even sell some when we break into new ATHs.  When you zoom out on the chart though, it still looks like we're down around multiyear lows.  I don't understand why this would be a selling point, but maybe you think the recession will be bad and assets will tank like in 2008.  Personally, I think the wave of inflation that was set off with all the easy covid free money printing will take a decade to work through the system and we're about to see an investment boom like hasn't been seen in 30+ years.  Sure, short term might be difficult, but anyone with a long term view should be grabbing all the investments of every kind they can get their hands on over the next 2 years.


Title: Re: Did you sell off during the 21k price breach.
Post by: Quidat on January 26, 2023, 09:58:37 PM
Regardless of whether they believe it or not, everyone will also know about the fact that during January 2023 the price of bitcoin and most other altcoins has increased. Of course they don't have to trust anyone online because actually we are not saying anything definite, but analysis can certainly help them to believe both fundamentally and technically.

I also won't be completely convinced that bull market has been confirmed, but at least there is still an opportunity for now to accumulate as much assets as I can in preparation for another bull market in the future.
The increase that happened lately can be their indication that a bull run is coming but there a lot of people who are actually against it. They say that what happened can only be a bull trap.

Like it or not, there will always be people who easily believes on what others are saying especially if they are less knowledgeable and then those who give statements present themselves as an expert on that field but I guess they already know the consequences of doing this and sometimes those give their own predictions do also give a disclaimer that not all they say must be taken seriously. Whether a bull run is confirmed or not, it's always a good idea to keep on stacking bitcoins to secure one's future.
We would be always having those doubts everytime on which we do really that having that thinking that this might be some bull trap since we've been playing around below 2k and if ever it do plays itself
on these levels on which it did really make out some impressions that this might be the new playing ground when it comes to volatility but there are indeed moments which we cant really be able to stay
down but rather tending to go up but i couldn't blame out people on why they do have these kind of doubts and thinking up twice in regarding into their decisions.
This is why its better to have this way.


Title: Re: Did you sell off during the 21k price breach.
Post by: Minecache on January 27, 2023, 09:31:00 AM
And if someone sold, then it's already a lost to them. I see someone says to rebuy when the price goes down, but you have to wait for it, and for all we know we might not see the price below $20k again.

Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.

As long as they make a profit, they don't lose, no one knows how much bitcoin will go up, so there's nothing wrong with them selling at $21k and already making a profit. And we are still in the bearish season, so the possibility of bitcoin falling back is not impossible. Neither you nor I nor anyone knows if bitcoin will rise or fall in the coming days, so your statement that bitcoin won't drop to $20k again is a false statement. As for me, I am still cautious even though the price has increased.

If they rebuy at a higher price that means they lose satoshis. I actually lost some since I sold at $21K. It never drop to 19k as I expect so I didn't buy back at all but goes for an altcoin that I plan to have a stash.

It doesn't look like it's going to be dumped soon so we might hit $25K first before falling back again. I could be wrong about this speculation but sure many are expecting the BTC price to fall again.


The fact that you regret seeing the price go up is the same as people feeling regret for ignoring bitcoin in the past when the bitcoin price was just a few dollars. You just need to know that as long as you are profitable and you should be satisfied with what you have, don't be too greedy. If bitcoin didn't continue to rise but fell afterward, would you regret it? Bitcoin is unpredictable, so do what you think is right, it's called success. There's nothing wrong with selling, and there's nothing wrong with those who haven't, everyone's investment mindset is different, and once you've made a profit, it's not a mistake.


Title: Re: Did you sell off during the 21k price breach.
Post by: Wong Gendheng on January 27, 2023, 01:37:24 PM
Some time ago I sold Bitcoin when the price was around $ 22300k, this was because I thought that the price would drop again below $ 20K, but after more than a week the price looks stable at $ 22K so I'm sure that prices have the opportunity to continue to rise. It is true that this year is recovery.


Title: Re: Did you sell off during the 21k price breach.
Post by: kotajikikox on January 28, 2023, 11:12:09 AM
I did a little mate , yeah i sold half of my coin yesterday and yes also i am looking for opportunity to re enter buying when the bear comes back and I'm sure this is going to happen any time soon.
I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.
Everyone has their own view of seeing the market momentum at the moment so the decision to sell coins like you did is also not the wrong decision to make because it certainly has very special reasons when you sell half of it. Likewise with other people who still maintain it and do not sell at all in conditions like now. This means that both are not wrong to do as long as it can still make someone feel comfortable and not become a problem in their life.
Yeah,  i am just a practical investors and looking at all sides and not just looking for the great increase instead for the badly decrease .
this is how  I look at the market and also this is how i believe would come in the next coming days.
hate to blame myself if ever the market change course.


Title: Re: Did you sell off during the 21k price breach.
Post by: posi on January 28, 2023, 11:29:04 AM
Some time ago I sold Bitcoin when the price was around $ 22300k, this was because I thought that the price would drop again below $ 20K, but after more than a week the price looks stable at $ 22K so I'm sure that prices have the opportunity to continue to rise. It is true that this year is recovery.

Bitcoin hasn't dropped yet, but that doesn't mean it is going to be a year of recovery for Bitcoin. We haven't finished January yet and with 11 months to go until the end of the year, you shouldn't jump to the conclusion that 2023 is a year of recovery. It doesn't really matter whether you sell bitcoin at 22k or 20k, as long as you've made a profit there's nothing wrong. If your prediction is wrong, reconsider and come up with a new plan, it's never too late to invest in bitcoin.


Title: Re: Did you sell off during the 21k price breach.
Post by: 19Nov16 on January 29, 2023, 04:14:22 AM
The current price is around $23200, and shows an upward trend, of course many regret selling at a low price, I also regret that a month ago I sold about 30% of bitcoin at a price of $16800, this is because at that time I really needed money and there was no other solution apart from selling bitcoins, and now the price potentially touches $25k, and tomorrow or the day after tomorrow I will buy again after getting my monthly salary.