Bitcoin is headed for the stars, but...

[Walterhank]

Recently I saw someone telling everybody to hold until $100k and not sell at all right now. The problem regarding this statement is that if everybody starts holding until it reaches a certain but and the selling rate spikes then we could have a bigger problem at hand. So, it is better if people do sell some of the bitcoin but not in large quantities.

[dupee419]

Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

The best strategy to secure your daily needs and also your future, sell some and save more, get yourself decent food for the day and then you'll be getting better food in the future, getting yourself some coffee at Starbucks won't be a problem. 

[GeorgeJohn]

Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Many people have different perspective via marketing and also business strategies, I understand that while some people sale off their bitcoin is not because of the profit involve alone or due to the increments in btc currently no, see some are afraid or scared of reduction of bitcoin, which as a business enterprenuer they not interest to involve in lost aspect of business.

[BADecker]

It's down more than a $thousand from its high. Maybe I should quick sell while I have the chance!!!

 

[Ridwan Fauzi]

Taking profit when we have got profit from our investment is a good thing to do, at least it will give more comfortable to start investing again. But, when we already know because we believe 70% in your strategy that to sell our investment now is too quick the price still have a high chance to increase more than now then to decide keep hold our investment is a good thing to do as well. So, this is depend on our strategy, you can sell or you can hold base on your strategy, don't make any decision depend on other people analyst. We have seen many situation when bitcoin price drop a lot then in a few time its price suddenly increase and pass its high price.

[mezzaluna]

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Some btc hodler's within our country are already millionaires if they at least kept 1btc. The sentence that I have kept in my quoted message is what I'm always telling others on what they can do to their savings within the Cryptocurrency Industry. They are always panicking about something like price drop or losing value but they need to trust their own guts and decisions whether what is the best thing to do for their own satisfaction. Our personal necessities must always come first if we want to survive so this is a good advise.

[Smartprofit]

Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Yes, many people are recalling the 2018-2019 bear market now.  This was a major shock for those who were optimistic about Bitcoin's prospects.  People are scared.  

They don't believe in Bitcoin's growth and are waiting for a major correction.  

In my opinion, in this situation you should not panic.  

We are currently seeing organic growth in bitcoin.  Fiat currencies are losing their value, which is why institutional investors turned their attention to Bitcoin.  

The world needs such a deflationary financial asset.

[sapnu]

Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Bitcoin's volatility is a scary thing but what's more terrifying is the fact that the whales has the ability to influence its price largely and if they would turn out more and more selfish, those small people with a bit of holdings might end up suffering. If you're one of those little people, you should hope for the best that most of your decision will lead you to greater heights or even get you near from the whales. Bitcoin's value is currently growing up until now and it's no surprise if it wi reach much higher than what is expected in the future so hold on tight and you might end up being a billionaire easily.