I will not sell under 20.000$ ! Why you do ?

[KTChampions]

Don't worry mate,you are not alone 

i will never sell my Bitcoin and couple of altcoins Until bitcoin reach the highest value again.

i have nothing to lose now because all the money invested inside my wallets are those amount who comes from extra income and being invested for a chance in future.

If lucky i will become a millionaire( in our own denomination) when that right time comes.

And what an exit point you have set for yourself? 25k? 30? 40? Or they are much higher, judging by the fact that you want to become a millionaire and if you presumably have not invested hundreds of thousands of dollars, then you need more solid X's. I'm not trying to guess the size of your investment, I'm just wondering what level you think is adequate to get out of bitcoin.

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[peterpanda]

If we want to sell over $20k then we should wait some more time. It is not the right time to reach $20k for bitcoin. For this price, bitcoin has to cross its all time high.

[worldofcoins]

If we want to sell over $20k then we should wait some more time. It is not the right time to reach $20k for bitcoin. For this price, bitcoin has to cross its all time high.

I think that's how the bitcoin market work.
If you bought the bitcoin just hold them you'll never lose your money until you sold your coins in panic.
Always remember you'll only earn the profit if you have great patient a long-term investment can give you a profit and a bitcoin has much potential. Just wait and watch the game.

[lepbagong]

If we want to sell over $20k then we should wait some more time. It is not the right time to reach $20k for bitcoin. For this price, bitcoin has to cross its all time high.

If the prediction of the Halving is that next year bitcoin will reach its highest point which is likely to be 2x or 3x the current price of 2017. You need patience because bitcoin has seen it want to go through that by several times penetrating $ 12K, and it is estimated that by the end of the year it will reach $ 15 K. then in 2021 is the time for bitcoin to show its might. don't miss the good times that will happen.

[whyrqa]

If we want to sell over $20k then we should wait some more time. It is not the right time to reach $20k for bitcoin. For this price, bitcoin has to cross its all time high.

If the prediction of the Halving is that next year bitcoin will reach its highest point which is likely to be 2x or 3x the current price of 2017. You need patience because bitcoin has seen it want to go through that by several times penetrating $ 12K, and it is estimated that by the end of the year it will reach $ 15 K. then in 2021 is the time for bitcoin to show its might. don't miss the good times that will happen.

I, too, have the same opinion, and besides, in 2016 I was very skeptical about the predictions of a bull run in the cryptocurrency market. I believe that the current situation in the cryptocurrency market does not favor positive forecasts, but many features of the current economic crisis, including the fall in the value of national currencies, will positively affect the cryptocurrency market and bitcoin performance. In addition, given the indicators of past halvings and their impact on the Bitcoin exchange rate, next year will be historic for the cryptocurrency.

[kruglikov]

BTC price is now stabil. Between 10-11 000 USD. It will never move back to 19 000 or 3 000, because the price is under control of biggest miners conglomerate that is making millions daily. 

[Mahdirakib]

It will never move back to 19 000 or 3 000

What are you saying! Though bitcoin price staying between 10 to 11k usd range for months but it doesn't mean it will remain at the same point. There is low possibility that bitcoin will reach at 3k level. But it may cross it's ATH price if another successful bull run happen. 'Never' word isn't suitable with crypto price. And the miners aren't controling bitcoin price.

[hahay]

Indeed, that's what should have been done about never selling at a lower price but sometimes, cutting losses is one way I can re-buy other assets that have the potential to make a quick profit. I am sure, if you bought it at that time or were close to the ATH value, at least it was FOMO that you were not aware of and if it did, at least you would not be willing to hold on for the long term so panic buying and panic selling is quite possible in such situations.

[Zemomtum]

It all depends on circumstances, you might sell lower and catch up elsewhere. Those who bought over 19k close to 3 years now could have recouped their investment if they sold when the market moved against them and repurchase back at $3200. The margin is too wide.

[STT]

I think I said similar before but this chart shows it well enough, the area around 10k is more of a big deal then other prices and we've just exceeded any previous high long term area.



So it should not be taken that BTC is under any negative at present, its actually very bouyant and against the overall GDP growth pull backs and virus restrictions in economic growth Bitcoin is doing better then it should normally.   Mostly I attribute progress to easy money policy and general crypto development though its slower then many had hoped would be the case.   Long term averages are a bigger deal then peaking prices which put many off where as general appreciation is an encouragement even if we were to pull back for the rest of the year its likely still gaining overall.

[rodskee]

The panic sellers face the loss. I won't suggest anyone to sell his coin if he bought it at higher rate and now the price is lower than that time. Agree with OP, just hold your coin until it goes up again. I have invested also while the price was up. And I'm waiting for the good future. I believe it will be up again.

only stupid fool will sell His coins at losses,though there are chances that in desperation that needed a money they tend to sell even how high they bought the currency.

Remember the magic word in crypto trading that "Buy Low,Sell high" and not buy high sell low .

so never sell unless you are desperately needed the cash.

[Eureka_07]

I will never sell under 20k$, even if Bitcoin go to 100$ ...

The peoples who bought Bitcoin at 19k$, why you are selling them now ? You bought at 19k$ sell higher than that !
<snip>

Did you bought bitcoin higher than $19,000? Seems that you are very positive that bitcoin will went higher than $20,000, dude it's fine cutting your loss.
Honestly I rarely read about some people who bought bitcoin when it reached new ATH for hodling investment.

For me it's a bad idea given that bitcoin could go down again.
You can sell it if you want your loss to cut, buy it again on much lower price then sell it when you're comfortable with your profit.
It's not late, you can still learn and have a better decision.

[glowing10]

It all depends on circumstances, you might sell lower and catch up elsewhere. Those who bought over 19k close to 3 years now could have recouped their investment if they sold when the market moved against them and repurchase back at $3200. The margin is too wide.

For now, do not require money so holding is the best option and market have slightly picked up and reached 10900$ and soon we may see it nearing 12k levels too. Wishing that it reaches sooner and keep rising and by year end atleast be near that 15k price mark. This will help many holders who had being waiting for this rise to happen.

[monineklutak]

it took a long time to get to $ 20,000 again, if you count it,
it's been 3 years that the price of Bitcoin is still below $ 20,000, and it hasn't reached the new athmosphere,
maybe it's time for Bitcoin to wake up and show the world that Bitcoin is one of the best assets for investment

[KTChampions]

it took a long time to get to $ 20,000 again, if you count it,
it's been 3 years that the price of Bitcoin is still below $ 20,000, and it hasn't reached the new athmosphere,
maybe it's time for Bitcoin to wake up and show the world that Bitcoin is one of the best assets for investment

If we take into account inflation, then in order for investors (those who were unlucky and invested at the peak of the value of bitcoin) to return their investments, bitcoin must reach a higher price than ATH. I think that for three years this figure should be ATH * 1.03 * 1.03 * 1.03 (I assumed that inflation was 3% per year).

[carlfebz2]

I will never sell under 20k$, even if Bitcoin go to 100$ ...

The peoples who bought Bitcoin at 19k$, why you are selling them now ? You bought at 19k$ sell higher than that !
<snip>

Did you bought bitcoin higher than $19,000? Seems that you are very positive that bitcoin will went higher than $20,000, dude it's fine cutting your loss.
Honestly I rarely read about some people who bought bitcoin when it reached new ATH for hodling investment.

For me it's a bad idea given that bitcoin could go down again.
You can sell it if you want your loss to cut, buy it again on much lower price then sell it when you're comfortable with your profit.
It's not late, you can still learn and have a better decision.

Mistakes are inevitable and you cant really blame out those people who had been too optimistic into those times where they do still believe that bitcoins price would go higher.
I highly believe that majority had already sell up their stashes yet we've been waiting for almost 3 years for the entire market to reach up again those peak prices.
It would really be just few for those people who do still wait for them to sell out or break even into their investment.For sure lots of them had already sell out and did engage
with bitcoin in this current prices and do make out money at least to compensate the loss that they had.

[okala]

it took a long time to get to $ 20,000 again, if you count it,
it's been 3 years that the price of Bitcoin is still below $ 20,000, and it hasn't reached the new athmosphere,
maybe it's time for Bitcoin to wake up and show the world that Bitcoin is one of the best assets for investment

We did not just want it "to wake up" but to remain alive since bitcoin was never at sleeping! Those that buy at $20,000 over estimated bitcoin and many of them did not referred to the history of bitcoin price movements. I think this year we might see another surprise in good price again.

[rodskee]

it took a long time to get to $ 20,000 again, if you count it,
it's been 3 years that the price of Bitcoin is still below $ 20,000, and it hasn't reached the new athmosphere,
maybe it's time for Bitcoin to wake up and show the world that Bitcoin is one of the best assets for investment

We did not just want it "to wake up" but to remain alive since bitcoin was never at sleeping! Those that buy at $20,000 over estimated bitcoin and many of them did not referred to the history of bitcoin price movements. I think this year we might see another surprise in good price again.

there are only few who bought from that level because the $20,000 value did not stay long ,it fades away in a matter of time.

I rather wait for long time than to sell my coins in losses .

i will buy more now that considering selling in this value.

Bitcoin will reach that high again,if we can wait for a little more time.

[romero121]

Whomever you ask about bitcoin, it can be person who have known well about bitcoin or it can be a person who has got some basic understanding about bitcoin and other cryptocurrencies. The answer will be, it is highly risky. This term gets used much because of its market fluctuation making deep rise/fall in value in no time.

I personally experienced a massive loss during the previous bull market when the useless projects too peaked in value. Myself kept a target and kept hold and the market crashed which made all my holdings wasted. So rather than moving with target it is a good choice to move decision along with the market change.