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Author Topic: Me Sold all BTC at 20k $ Peak  (Read 772 times)
buyandsale (OP)
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May 01, 2018, 01:52:34 PM
 #1

As for now btc is constant on 8 to 10k $ and it will take too much time now to reach its peak of above 20k $ per bitcoin and the fact is no one can guess when it will grow that much in upcoming time may be next year or after 5 year but all believe it will cross 20k $

but did u guess last time right and sold all ur btc at 20 k $ cause me sold it that time and buyed after 1 month on 12k $ peak luckly me guess it right

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May 01, 2018, 02:56:50 PM
 #2

Point of direction as to the market terminology, $20k is not referred to as peak but rather it is known as ATH. ATH means All Time High.

As to the price prediction, the real price is not known by anybody.

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May 01, 2018, 03:03:05 PM
 #3

Ehm, yes, you are lucky, but for some people having bitcoin is an investment, not a way of earning on highs and drops. It means, if I really need money, I will sell the part of it regardless of the price.
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May 01, 2018, 03:14:18 PM
 #4

Sold my bitcoins close to ATH price and don't regret  Smiley The main benefit is cheap altcoins with usd pair, that I buy now and prepare for new bull run. But this time we may see as ETH starting the whole money train, not btc.
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May 01, 2018, 03:26:43 PM
 #5

Point of direction as to the market terminology, $20k is not referred to as peak but rather it is known as ATH. ATH means All Time High.
Those are two ways of basically saying the same thing, IMO, though I agree ATH is probably more appropriate.

Props to anyone who sold at $20k and got in at a reasonably low price--you guys are fortunate.  Whoever you sold it to at that price was likely a huge loser.  I'm just eagerly awaiting the time when we get back to that price, and it looks like we're slowly creeping our way back up there, though we're down a couple hundred dollars in the past few days.  That's normal for bitcoin, but I have mixed views as to its long-term growth.  I'm not as sure as I used to be that it's going to $100k or higher.  But we'll see.

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May 01, 2018, 04:22:50 PM
 #6

Sold a few BTC at around $20k because I thought it went up too much, then rebought at around the $14k mark. I wish I waited a bit longer so I could buy lower though. But hey, at least I made a bit of profit right?

And yea, I do think it will take some time for the price to go back to $20k ish. Hopefully not that long though.

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May 01, 2018, 04:30:24 PM
 #7

As for now btc is constant on 8 to 10k $ and it will take too much time now to reach its peak of above 20k $ per bitcoin and the fact is no one can guess when it will grow that much in upcoming time may be next year or after 5 year but all believe it will cross 20k $

but did u guess last time right and sold all ur btc at 20 k $ cause me sold it that time and buyed after 1 month on 12k $ peak luckly me guess it right



Cool if you sold at 20k it is best as you would have made some decent money during those times and should have bought more when market fell till 6 -7 k as you would again had made money as already it is at 9 and will move now to above 10k and you will need to wait till 12k for break even.
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May 01, 2018, 05:35:39 PM
 #8

As for now btc is constant on 8 to 10k $ and it will take too much time now to reach its peak of above 20k $ per bitcoin and the fact is no one can guess when it will grow that much in upcoming time may be next year or after 5 year but all believe it will cross 20k $

but did u guess last time right and sold all ur btc at 20 k $ cause me sold it that time and buyed after 1 month on 12k $ peak luckly me guess it right


I guess not all have had the same idea back then to sell the bitcoin when it reached 20k, because i am pretty sure with the rate that everyone saw the bitcoin rising back then no one though that at some point it will start going down, everyone though that it was a dark horse that can't be stopped and will keep on rising up for ever, i guess everyone was blinded by their greed and drunk on the feeling of seeing the price going up and didn't think a second about selling it, so that is why when it comes to trading you need to have a thresh hold, at specific point at which you say now i am going to sell no matter the situation is.
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May 01, 2018, 05:42:44 PM
 #9

As for now btc is constant on 8 to 10k $ and it will take too much time now to reach its peak of above 20k $ per bitcoin and the fact is no one can guess when it will grow that much in upcoming time may be next year or after 5 year but all believe it will cross 20k $

but did u guess last time right and sold all ur btc at 20 k $ cause me sold it that time and buyed after 1 month on 12k $ peak luckly me guess it right


Good for you and sad for those who bought the one you sold at ATH but base  on your account you are a Junior member rank it means you are new in this forum I assume you have already enough experience in trading  cause what your decision made shows you have a good analytical skills based on market condition
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May 07, 2018, 11:56:25 AM
 #10

Ehm, yes, you are lucky, but for some people having bitcoin is an investment, not a way of earning on highs and drops. It means, if I really need money, I will sell the part of it regardless of the price.
And I think that would be best thing for a trader or investor to do. Bitcoins aren’t so easily earned so they must be invested and cared with extra concern. Like, if somebody needs some amount for any daily need, he mustn’t be selling bitcoins and quenching that one desire with bitcoins’ money. This would be the most stupid step he would be making. So be wise and be vigilant.
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May 07, 2018, 12:07:16 PM
 #11

You are lucky to have taken profit at peak i never sold my bitcoin sadly. But i think sad dsys are over and bitvoin is already making his moves so we could see that 20k$ mark soon. And we will breach 10k$ in this month for sure.
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May 07, 2018, 12:27:34 PM
 #12

I sold around 30% of my btc portfolio at around 19k...then rebought at around 7k. It's always wise to have some fiat at exchanges for the bear market.

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May 07, 2018, 12:40:49 PM
 #13

Point of direction as to the market terminology, $20k is not referred to as peak but rather it is known as ATH. ATH means All Time High.

As to the price prediction, the real price is not known by anybody.
it's just the highest price point so far and it could be in the future or some time again it can be passed by bitcoin because now the popularity of bitcoin is no longer refutable.

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May 07, 2018, 12:50:39 PM
 #14

As for now btc is constant on 8 to 10k $ and it will take too much time now to reach its peak of above 20k $ per bitcoin and the fact is no one can guess when it will grow that much in upcoming time may be next year or after 5 year but all believe it will cross 20k $

but did u guess last time right and sold all ur btc at 20 k $ cause me sold it that time and buyed after 1 month on 12k $ peak luckly me guess it right

You are one of the lucky investors who sold your bitcoin at near $20k mark and I am happy for your decision however, I don't think using the word "peak" with the price of bitcoin which is $20k is good. Its better to use the word "ATH" or all time high rather than peak Smiley.

Anyway that is not the problem but you are lucky like I said but most of the investors who fully trusted bitcoin at that time and they bought it at near its ATH are now suffering at a loss until now. They will go unto a test of patience. What will be their decision? They will hold it until it reach the $20k mark again? They will sell at a loss and move on? They will buy more bitcoin because they trust it.


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May 07, 2018, 01:25:29 PM
 #15

You may have sold it at $20k due to luck or prediction based on analysis but next time you may be not as lucky before and sell it before it even peaks so hodling is the still best strategy even btc crashes.
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May 07, 2018, 01:57:54 PM
 #16

As for now btc is constant on 8 to 10k $ and it will take too much time now to reach its peak of above 20k $ per bitcoin and the fact is no one can guess when it will grow that much in upcoming time may be next year or after 5 year but all believe it will cross 20k $

but did u guess last time right and sold all ur btc at 20 k $ cause me sold it that time and buyed after 1 month on 12k $ peak luckly me guess it right


Good for you, I have sold half of my bitcoins before the ATH... well, it sucks to admit it but I sold them because I panicked on bitcoin cash FOMO and it see-sawed with the bitcoin price. That was November the 12th if I am not mistaken.
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May 07, 2018, 02:17:51 PM
 #17

sadly, when bitcoin reach $20k i still didn't have much BTC, and so i think that bitcoin i have (currently at that time is about 0.01 btc) its not worth to sell, so i still HOLD it, even right now, because im sure at this year, bitcoin will go through more than what happen in the last year.

one think i know, it still too early to sell bitcoin, this stuff has awesome potential
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May 07, 2018, 02:47:57 PM
 #18

As for now btc is constant on 8 to 10k $ and it will take too much time now to reach its peak of above 20k $ per bitcoin and the fact is no one can guess when it will grow that much in upcoming time may be next year or after 5 year but all believe it will cross 20k $

but did u guess last time right and sold all ur btc at 20 k $ cause me sold it that time and buyed after 1 month on 12k $ peak luckly me guess it right


You are lucky to sell in it`s peak. BTC really is volatile and unpredictable, so no one can really predict when it will go high again and what price will be it`s peak again. So trust your instinct.
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May 07, 2018, 02:58:47 PM
 #19

You are a lucky guy dude. Everyone thought that Bitcoin will continue to rise to $25k after it hits $20k. Now that we are at $9k, our problem is whether we already touched the bottom at $6k or we will still go to visit $3k? Personally I think Bitcoin will need to touch $3k before the epic bull run to $100k.

As for now btc is constant on 8 to 10k $ and it will take too much time now to reach its peak of above 20k $ per bitcoin and the fact is no one can guess when it will grow that much in upcoming time may be next year or after 5 year but all believe it will cross 20k $

but did u guess last time right and sold all ur btc at 20 k $ cause me sold it that time and buyed after 1 month on 12k $ peak luckly me guess it right



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May 07, 2018, 03:11:10 PM
 #20

You are a lucky guy dude. Everyone thought that Bitcoin will continue to rise to $25k after it hits $20k.
Everyone being a noob, yes. It's important for people to understand what is driving a bull run, and at what levels it will halt, especially when the event driving the bull run took place. In case of last year's bull run, the future markets from CBOE and CME were these driving factors, and as soon as the last one, which was CME opened its markets, the shorts started flooding the market.

Now that we are at $9k, our problem is whether we already touched the bottom at $6k or we will still go to visit $3k?
Bitcoin definitely touched the bottom, there is no reason to doubt about that. February's correction stopped above last year's bottom, and that alone is a solid enough confirmation.

Personally I think Bitcoin will need to touch $3k before the epic bull run to $100k.
We touch $3000 and then what? Whether we consolidate around current levels for months, or revisit much lower levels, it doesn't change anything. Stop reading mainstream media articles.
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