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Author Topic: Me Sold all BTC at 20k $ Peak  (Read 772 times)
Hamphser
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May 10, 2018, 12:11:08 PM
 #41

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.
As long we do profit theres nothing to regret even though we missed up that ATH sell off which is normal because we do have different thoughts on those times. We might even think of to FOMO which is really a big mistake to be done.Myself did able to sell out earlier which i do see bitcoin hit up $17k on its price and didnt expect to rise even more to 20 but its alright yet we do benefited on such price movements. This time i didnt missed again on buying up the lowest price for this years which is on 6k range.

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May 10, 2018, 12:44:48 PM
 #42

Great! I would like to be a part of those guys, who had bought a bitcoin for $0.2 and sold fot $20.000 it would be just awesome!

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May 10, 2018, 01:02:47 PM
 #43

Good for you buddy. It's a smart habit to short a portion of your holdings during a bull run. Having cash at exchanges is what most people forget about. It's the best way to earn a lot of money in a bear market. Sell when green, buy when red..people usually behave the other way around.
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May 10, 2018, 02:30:10 PM
 #44

You'll tell that story to your grandchildren in case BTC will never be there again.

Honestly, many people here wrote that you should probably wait a couple more years and wait till it hit x5 or 10.

That's hilarious. 2x extra is an instant money out of an active for just any qualified investoe. You did the right thing, lucky you)

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May 10, 2018, 02:37:17 PM
 #45

I sold part of my bitcoin when it was in the $17-$18k peak. It was a good profit for me and bought it back when it fall down to $8k. In fact I bought more than double of what I had sold earlier. I guess its worth the effort I put into research all these things.

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ShadowBits
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May 10, 2018, 03:12:52 PM
 #46

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



Yes, how very lucky of you to do that. In fact you didn't got FOMO'd by everybody that are joining in just because Bitcoin is keeping going higher and higher by that time.
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May 10, 2018, 03:40:11 PM
 #47

You got too too lucky if you have done that in reality! Thats a good job as you were already in profit and what you invested was just the profits and that too a small portion of it I guess. So you have to loose nothing here as you already hold the profitable share from the last BTC sell.

You can actually get yourself more BTC at this rate also as it is far less price than the highest peak at which you sold. You can adjust more profits if you buy at this point. Speaking about the reaching 20K peak I think we can do that very easily and we already on the verge of it so sit tight.
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May 10, 2018, 03:50:35 PM
 #48

Youbare lucky yo sell all your bitcoin during the peak. I was not able to do so because I thought bitcoin will continue to grow more. No one will know if when bitcoin price will drop or increase, so I guess you are one lucky dude to sell during the peak. It is a good time to buy back now because anytime soon the price will reach a new ATH again.
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May 10, 2018, 04:54:34 PM
 #49

really lucky for u
while u sold all urs at $20k
me bought at $17k Sad and still holding until now
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May 10, 2018, 05:03:08 PM
 #50


That's hilarious. 2x extra is an instant money out of an active for just any qualified investoe. You did the right thing, lucky you)



Would it be just as hilarious if it would have gone to 30 or 40k after selling all your bitcoin?
I bet you wouldn't react that way, 20k is a nice price to sell though and I'd be happy with that as well.
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May 10, 2018, 05:05:58 PM
 #51

really lucky for u
while u sold all urs at $20k
me bought at $17k Sad and still holding until now

This happens generally because people avoid buying in the falling market instead they buy at rising market. Thus if you keep following it, this is what happens hope so you had bought when market had being for 7k or near that so that you can average out the price and once it reaches 15k+  you are in good profit.
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May 12, 2018, 07:36:07 AM
 #52

Good for you buddy. It's a smart habit to short a portion of your holdings during a bull run. Having cash at exchanges is what most people forget about. It's the best way to earn a lot of money in a bear market. Sell when green, buy when red..people usually behave the other way around.
You know how I am feeling about him right now? He is the luckiest person in crypto world and smartest one too because he sold out his BTC when it was at its peak. He must have earned amazing profits. Many people sold out their coin when it reached 20k dollars due to which dip appeared. The decline stayed for longer than expected and there was panic selling out also. I hope he earns such profits again.
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May 13, 2018, 01:48:12 AM
 #53

you musy be whale than. i think that whales know bitcoins direction. Not even so - they make that direction.
Not necessarily, while this could be the product of skill there are people that just get lucky and enter and get out of the market at the perfect time, with so many traders and people investing in bitcoin it is bound to happen, but if you relied on your luck to do that then it is very likely that you're never going to be able to do that again, in fact I have never gotten in the market at the very bottom or got out of the market at the very top.
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May 13, 2018, 02:30:15 AM
 #54

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 $

I don't think that constant is the right term here. Its fluctuating between $8K-$10K if that is what you meant. It make take time to reach $20K again, but eventually we will all gonna see it happen again. No one has though that bitcoin could even go as high as $5K last year, but we almost went and concluded the year at almost $20K so everything is possible.

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



Lucky you. I'm sure that a lot has also sold that time when it reaches all-time-high, FOMO was real that time. Just sad though we join late and then panic and sold everything when it dip in the last 3 months.

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May 13, 2018, 02:38:04 AM
 #55

You are lucky, you sold your BTC at $20k unlike me, I didn't sell my BTC immediately on that price because I am thinking that bitcoin will get up high more if I waited more for maybe a Month but that does not happen.  Cry
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May 13, 2018, 03:16:55 AM
 #56

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 enough to sold at ATH price, I sell bitcoin when the price starts to show a decrease in bitcoin, at least I can still get a profit, for when the price will reach $ 20k no one knows, even today also the market is still up and down in the price range $ 8k- $ 10k

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May 13, 2018, 06:39:09 AM
 #57

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 should also have done the same. I was stuck in cloud 9 because after btc spiked in $20k, altcoins followed so my mind just told me to hold a bit more because it will still go higher.
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May 13, 2018, 06:59:19 AM
 #58

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 were f...d, bitcoin went to 6k. you had to buy at that price after selling Grin Grin Grin and catch more than one wave 6 - 12k
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May 13, 2018, 07:29:28 AM
 #59

Congrats , Only if you have done it with analytics and planned not if you have done it by luck or chance!
There is no happiness in winning with chance because you haven't earned it and if you don't know how to do it , you can fall next time , anyway hope you make it to be a great trader .


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sedahan13
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May 13, 2018, 07:56:53 AM
 #60

To learn more about technical analysis will help to understanding price action of BTC and also by look in to market capitalization we will know how big the demand. I think trading not about lucky but more knowledge and also should be extra patient.

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