It's already clear what most of our decision s would be which is to hold, bitcoin is just in it's early stage of bull and we are still expecting a lot from it, the current price of 60k is just a sign that bitcoin would surpass it's ATH by a margin and set a new ATH record of about 150k, I'm saying this this cause we are still not less than 2 months into the bull earlier this January the price was still consolidating around 35k-40k now we are seeing an awesome 60k, anyone who bought around then should already have a doubling effect on his investment, and if you ask me the only way to prepare for more up is to buy even more bitcoin.
I agree. in my case I'm waiting for the price of bitcoin to drop to at least $50,000 or even $40,000 so I can buy a lot and do long-term hodl, if the price of bicoin doesn't drop to $40,000 or $50,000 I'll see if I buy at $60,000, The problem with buying at $60,000 in my case is that I think that if I buy at $60,000 and the price goes up to $120,000 then I would have 2x profit, but if it goes up to $180,000 I would have 3x profit, I see $180,000 as being a large increase that is realistic for bitcoin to achieve in the coming years. That's why if I managed to buy at $40,000 or even $50,000 the chances of making a profit of 5x or 4x would be very realistic in the coming years.
I'm monitoring the price constantly so that I don't miss a chance to buy, currently the price is at $63000, and the big support is at $59000, if the price of bitcoin falls below $59000 then it will fall to $47000 or even $40,000 before it starts to rise a lot, and this big drop if it really happens, would be a great buying chance for me. That's why I'm paying close attention to the $59,000 zone, a drop below $59,000 would be my chance to buy low