I have been waiting for Bitcoin to reach $3000

[el kaka22]

I have been waiting for Bitcoin to reach $3000 so that I can sell my Bitcoins, but seems as if it doesn't want to reach that value anytime soon. SHould I sell with the current amount?

Probably you must have missed the chances to sell off your coins when bitcoin has reached your targets of $3000 levels. But from my experiences I like to suggest you not to sell now as it might be leading to deep regrets as bitcoin prices are speculated to have huge levels like $5k and $10k in coming months, better keep holding.

[1714754788]

1714754788

[Ayiranorea]

Every user has been waiting to experience $3000, because this has been a long time speculative price when we reached around $2500 in a short. Also the price increase has begun falling to $2000, so $3000 is achievable in a short time period if more investors come into it.

[Kemarit]

Every user has been waiting to experience $3000, because this has been a long time speculative price when we reached around $2500 in a short. Also the price increase has begun falling to $2000, so $3000 is achievable in a short time period if more investors come into it.

But I think the issue right now is that investor are not fully convinced on bitcoin because of the Segwit2x activation on Aug 1. I personally don't know how will it turn out really. I will have to wait and see if everything will be smooth after that day. So expect a very slow phase, currently its $2700 maybe next month we can see the price to hit $3000 again. I guess we just have to wait and needs a lot of patience.

[just_Alice]

It already reached $3k 2 weeks ago and then dropped almost in an hour and very few people could sell their coins at that price. On LBC, you can see the trading rate as 3101.05 USD as of now and even higher but on normal exchanges it is between 2655-2720. After the recent drop to 2200, the market volume also has dropped and people are not sure whether they should invest or keep holding their coins.

But what do you think? I'm asking because you are Legendary and thus most likely you know much more than me on the subject.

In my opinion it's safe to invest in bitcoin now because the adoption of it is only rising and we'll see higher prices with bigger adoption in the future.

[DrGuns4Hands]

i have enough bitcoin right now but still im waiting for the $3000 barrier too because i really need that amount in order to purchase a land here in our country. right now it's too close in $3000 but ready for the big drop of the price of bitcoin whales and the market is already ready for the august 1 so maybe 1st week before aug 1 they will gonna do what they need to do in order to prevent their loss. I think read it here somewhere. about the august one maybe increase of prce or decrease we wont know unless it come.

[richardsNY]

i have enough bitcoin right now but still im waiting for the $3000 barrier too because i really need that amount in order to purchase a land here in our country.

I have a few questions for you --

Define what enough Bitcoins are for you -- 5? 10? 100? 1000?

What land are you looking to buy, and what country are you located in?

If you so badly needed Bitcoin to be $3000 or at least close to it, why didn't you cash out nearly 2 weeks ago?

[tabas]

There seems to have an hindrance to cross bitcoin back at $3,000. I've been waiting to see the price of bitcoin to be able to make it again at that price. But this is always happening, after a pump, a crash is happening and back to pump. Again I need to wait for that price and for sure it will be back before this August 1 or after.

[cryptojac17]

There seems to have an hindrance to cross bitcoin back at $3,000. I've been waiting to see the price of bitcoin to be able to make it again at that price. But this is always happening, after a pump, a crash is happening and back to pump. Again I need to wait for that price and for sure it will be back before this August 1 or after.

For me to avoid that hindrances we should spread the bitcoins good news to people around us particularly at social media even you will not be paid for any bounty. The importance of this is in effect of the price soon for bitcoin not to crash and we will have that $3000 to our inspiration of having success.

[FlightyPouch]

i have enough bitcoin right now but still im waiting for the $3000 barrier too because i really need that amount in order to purchase a land here in our country.

I have a few questions for you --

Define what enough Bitcoins are for you -- 5? 10? 100? 1000?

What land are you looking to buy, and what country are you located in?

If you so badly needed Bitcoin to be $3000 or at least close to it, why didn't you cash out nearly 2 weeks ago?

That is a good question, having enough bitcoins seems pretty close but you change your mind and think that you can still earn more so there is no enough bitcoins for a people. And I think there is a pump the last day and you miss it, I think that is the highest price of bitcoin before entering August. After this week, the monster dump will visit our friend  bitcoin.

[jc89]

I have been waiting for Bitcoin to reach $3000 so that I can sell my Bitcoins, but seems as if it doesn't want to reach that value anytime soon. SHould I sell with the current amount?

The best thing to do is to wait for now. Reaching your target may be reached within days/weeks from now. July is my speculated month (this year) when Bitcoin will hit the 3000 dollar mark. If you do not need the cash now, you should wait for a little longer. Who knows, you might end up selling for a much higher price than you planned.

[digaran]

If you bought at any price lower $2600 selling now is a wise decision and will earn you profit, I'd suggest always to sell when you are in profit, because doing so will further circulation and keeps a healthy daily volume, what would've happened if all the Bitcoin holders never traded their coins for fiat or even alts? I know it is good to HODL but you really need to do that if by selling you'd lose money.
Some ignorant people might say you should HODL no matter what, I'd say you should sell when you could earn a decent profit.
If you want more profit then you'll have to wait longer, mania phase of price jumping $200 up in over a night seems to be stopped for now.

[CryptoPro3]

Man, I wouldn't sell at $3,000. Obviously I can't tell you what to do with your money, and I don't know your current situation - but patience can make you rich in this case.

[A.H.Rassel]

Simply hold up to achieved that cost. Try not to lose trust your bitcoin cost will pump soon. Bitcoin is flighty so who knows today or tomorrow this coin will ascend at $3000 cost per bitcoin

[gilangIDR]

Man, I wouldn't sell at $3,000. Obviously I can't tell you what to do with your money, and I don't know your current situation - but patience can make you rich in this case.

There is still a lot of possibility that bitcoin prices will increase higher than 3000 $. With patience of course we can get very good results. But we all do not know when it will happen, with analysis and also read bitcoin demand in the market we can know when there is good news that can affect bitcoin. Usually this will all affect the increase in bitcoin prices are quite significant.

[pitham1]

If you bought at any price lower $2600 selling now is a wise decision and will earn you profit, I'd suggest always to sell when you are in profit, because doing so will further circulation and keeps a healthy daily volume, what would've happened if all the Bitcoin holders never traded their coins for fiat or even alts? I know it is good to HODL but you really need to do that if by selling you'd lose money.

If you always sell when you are in profit, then you might lose out on the opportunity to further grow your coins. How do you decide when to buy?
Selling and buying continuously only helps the exchanges make money out of your trades.

[1Referee]

If you always sell when you are in profit, then you might lose out on the opportunity to further grow your coins. How do you decide when to buy?

The point is that you don't need to sell all your coins at once. If you think the time is right to cash out profits, then it should be done with steps in the range of 10% per time. Let's say the price goes up after you cashed out 10%, you'll then be able to cash out another 10% if you so wish, or you just keep waiting for an ever higher increase. If the price happens to go down not long after you cashed out, you'll get the opportunity to buy back. That's how it goes, or at least, how it should be.

Selling and buying continuously only helps the exchanges make money out of your trades.

If you end up being a profitable trader, then who cares?

[2double0]

OP, BTC reached to that point in many "other" countries where premium rates were applicable and being used to dominate the markets the way their exchanges wanted to. Still, if you are waiting for it to reach $3k, then I would recommend you to sell a part of your coins at current rates and wait for your target with the remaining ones if you are not in a hurry kind of a situation.

[cryp24x]

OP, BTC reached to that point in many "other" countries where premium rates were applicable and being used to dominate the markets the way their exchanges wanted to. Still, if you are waiting for it to reach $3k, then I would recommend you to sell a part of your coins at current rates and wait for your target with the remaining ones if you are not in a hurry kind of a situation.

Probably OP is waiting for Bitcoin to reach 3k USD and stay above that price.  We may have experience and witness bitcoin reaching that price but it falls quickly and have not recovered to its peak.  I think we need to wait until the effect of August 1 kicks in.  It will definitely push bitcoin price if the FOMO triggers when Australia citizen and companies starts accepting bitcoins and that August 1 event effect kicks in.  Probably 5k USD would be visible.

[chineseprancing]

Due to in demand of bitcoin I think $3000 dollars were easy to hit for bitcoin. Also holding bitcoin for the following price was good idea because I believe that bitcoin value were raised up.

[Oralmat]

I have been waiting for Bitcoin to reach $3000 so that I can sell my Bitcoins, but seems as if it doesn't want to reach that value anytime soon. SHould I sell with the current amount?

It went up and past the $3000 mark at least once, not for long, but it was there.  Keep in mind that when trading people don't always see the numbers like that on the exchange buy and sell page. 

If they simply deposit FIAT and go straight for the BTC/USD page then they know whether they are buying at this or that rate.  However, most traders funded their accounts awhile back and technically bought in at a much lower rate.  Traders are probably not using the $3000 mark for anything, but as the price rises their actions change.  Trading for us is involved in thirty or more coins at a time, watching volumes and trade signal percentages and half the time, once the smoke has cleared for the day, then we realize the high and low price for the 24 hours.