an important reminder: don't get killed in this bull run and protect yourself.

[bitmover]

Bitcoin just broke it historical resistance. We are above 10k and we may be starting a bull run again. Boom.



Things looks good now, but be careful if you are new here.

important reminder now for all newbies around. Don't get killed.

[mk4]

This should apply to whatever the market sentiment is, but yea. Unfortunately, the way bull runs work, there will always be people that's going to be buying near the top, and there will always be people that's going to get crapped.  Just make sure that you won't be one of those people, unless you're fine with holding for more than a decade.

[btc_angela]

Still early to say that we are in a bull run though, personally, I don't know the reason why the sudden surge in the first place, so it could be a bull trap for all we know. Also we have been trying to breach this barrier pre-halving and every time we touches it, the price goes down, meaning the growth is not sustainable.

But good advise specially for those newbies who think that bitcoin is a get rich scheme. The last great bull run has taught us a lesson, don't be irrational and emotional, otherwise you will get burned early.

[cryptoaddictchie]

This is a good news. Seeing the trend line today is a good sign of a healthy market. I am expecting some retracement around 9.7 to 9.8k because the movement is so rapid but will observed for the next hours.

Just make sure that you won't be one of those people, unless you're fine with holding for more than a decade.

For long term investors it works but for those who have weak heart when they see their portfolio red then definitely this investment that so volatile is not for them.

_{Be careful for those who are doing futures, dont get swayed by the market better read and analyze its pattern and dont just jump into fomo of long position.}

[pakhitheboss]

This applies to everyone here not only newbie. FOMO can cause you big loss if the Bull run starts. So keep calm and do your research before ente into the market. Those who are HODLing think twice before selling you Bitcoin and when sold donot think twice.

[joniboini]

Volume is still really low, and the close is not really perfect either. I'd swap my coins for stable coins for a while, at least until we get a clear single candle breaking the trend line.

A part of me believes that this is a fake-out but of course, I'd be more than happy if I'm wrong.

[btccoffee]

Bitcoin just broke it historical resistance. We are above 10k and we may be starting a bull run again. Boom.



Things looks good now, but be careful if you are new here.

important reminder now for all newbies around. Don't get killed.

Just a reminder to all newbie here in bitcointalk or anywhere around the world, hope this help to some of our crypto lover friends out there, make your own research and invest the you can afford to lose only. I remember back in 2017 so many people are panic buying bitcoin at the very peak price at almost 20k some of them are already sell there bitcoins in a lower price and some are still holding and waiting for a chance to sell there bitcoin at a higher price.

[Jawhead999]

Still early to say that we are in a bull run though, personally, I don't know the reason why the sudden surge in the first place, so it could be a bull trap for all we know.

Yes, but at least this is the good start for Holders while Bitcoin can reach 10K again after last 3 months ago.

These reminder is very important, I have seen so many users trapped on FOMO/Bullrun, such as What is the best advice for Bitcoin ATH investors ??

[hatshepsut93]

I think having a few hours above some TA price level isn't enough to declare a bull market. With traditional market it's a week or more, so in Bitcoin it should be 2-3 days. Right now the price can easily go down again.

I agree that the advice is good, but I doubt that a lot of newbies will see it. From what I saw during the last bull run, a lot of noobs join when the bull run is in full swing and when the market is about to crash.

[Haunebu]

I don't think this is a bull run or anything op. BTC is bullish definitely currently, but it has just broken the $10K barrier and it is way too early to jump to conclusions.

It needs to stay in that range and continue rising to call this a bull run properly. The current US-China issues probably led to this current surge in my opinion. Hong Kong investors could probably be the reason.

I suggest buying in small quantities and HODLING in the short term.

[LogitechMouse]

I'm a bit happy that it finally reached the 5-digit price again after now many months.

In the chart, I see that the volume is very low. I'm not pessimistic but I think that this small rise will not last long and we may see a small correction within the next days. If this will not happen then it will be good but stay alert and always ready in whatever happen to it. Me as a long term investor, I don't visit the charts that much.

[Betwrong]

I think having a few hours above some TA price level isn't enough to declare a bull market. With traditional market it's a week or more, so in Bitcoin it should be 2-3 days. Right now the price can easily go down again.

I agree that the advice is good, but I doubt that a lot of newbies will see it. From what I saw during the last bull run, a lot of noobs join when the bull run is in full swing and when the market is about to crash.

This happens all the time: newbies buy when the price peaks, and then they watch how it crashes, day by day. However, the key here is patience. People who were buying when the price was $1,132, in November 30, 2013, wouldn't regret it if they waited until 2017(especially the end of the year).

So, I think the main advice here would be: Buy only with money you can live without for 4 years, and you'll be okay, most likely.

[amishmanish]

I think having a few hours above some TA price level isn't enough to declare a bull market. With traditional market it's a week or more, so in Bitcoin it should be 2-3 days. Right now the price can easily go down again.

I agree that the advice is good, but I doubt that a lot of newbies will see it. From what I saw during the last bull run, a lot of noobs join when the bull run is in full swing and when the market is about to crash.

This happens all the time: newbies buy when the price peaks, and then they watch how it crashes, day by day. However, the key here is patience. People who were buying when the price was $1,132, in November 30, 2013, wouldn't regret it if they waited until 2017(especially the end of the year).

So, I think the main advice here would be: Buy only with money you can live without for 4 years, and you'll be okay, most likely.

Good advice to not over-invest. Newbies also often buy with the mindset to sell it when it doubles or triples. So, another important thing is to see your BTC holdings as a fiat generating asset. One time fiat profit should not be the end goal. You just monetize the asset in parts at your target price to cater to your needs or whatever while ensuring that you keep a significant portion purely as "BTC wealth"

In order to not fall in the same trap of servitude and consumerism, whatever level of BTC you hold, is your ticket out in the face of long term uncertainty of fiat economics.The wealthy of the world don't wrap up and sell off properties so that they can have billions as cash. They keep their wealth as long term assets that have been serving them for generations now. For people with non-fractional quantities of BTC, It has potential to serve as foundation of long-term wealth while giving fiat benefits as price increases.

[Wind_FURY]

"Keep low time preference".

Translation, Buy the dip, and HODL.

If you didn't take the golden opportunities to buy below $5,000, and now, $10,000, then buy while it's below $15,000?

[Fatemablabla]

In this situation my only tips will be don't get panicked and buy BTC at a high price. I  did a mistake like this in the bull run of December- January of 2017-18. But luckily I was able to sell that with some profit.  So be patient don't buy high.

And I think it's not a bull run yet. It's my personal opinion.

[carter34]

That is bitcoin for you. It gives the unexpected. Just yesterday it was around $9,500 and today up there @ $10k without no particular cause. This could be a trap for people aiming to buy high . I would suggest to be patient for the buy to see how the run is going on for now.

[NavI_027]

Wow what a great news! I didn't see it coming to be honest. I'm glad that I bumped here in your thread because I haven't visited the price charts again. I am not aware that I'm making small profits already, my bad

This could be a trap for people aiming to buy high . I would suggest to be patient for the buy to see how the run is going on for now.

Hmm, waiting for a dip before entering the market is good but the problem is we don't when. So why don't you buy now and hodl. Maybe this is really the start of bitcoin's new skyrocket trip, who knows? Remeber, clock is ticking .

[batang_bitcoin]

Thanks for those reminders and I just want to add that sell if it's necessary and you are in profit. Don't be too greedy and it's ok to get a portion of profit and don't expect too much as you see with those high speculations that we on internet.
Keep an eye to the market and still look for the opportunity to buy while you can because we will never know how long this assumed bull run will stay.

[rodskee]

Thanks for those reminders and I just want to add that sell if it's necessary and you are in profit. Don't be too greedy and it's ok to get a portion of profit

This is good for those who are in Long term Holding or what we called those HODL because they are willing
to wait even how long it takes until the value of
Bitcoin reached their target value.because aside from selling in high there is always a profit in waiting for long,
and also about that greedy attitude that made
 us mostly a loser for same reason why many investors and traders fails even gamblers fails in this manner
.Looking for so much winnings and profit and
 in the end?you cannot leave the table until you lose everything that supposed to be a good win if
 you have no greed manner.

[20kevin20]

I have lots of stuff to do IRL for a few days and BTC goes past $10k.. wow

This could be a price increase post-halving and if it is, it might be sustainable. I wouldn't make any moves (maybe only buy) right now, any bull/bear run is risky no matter what move you make. Most moves I've made during them went wrong.

Personal opinion to whoever wants to accumulate: unless you're a professional trader, buy a bit of BTC every day or week and you'll have an average of whatever price is coming up. After you have invested enough, hodl. If you wait right now, it's literally a coin-tossing chance whether it soars or dips.