aioc (OP)
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November 07, 2020, 09:39:49 AM |
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It looks like all time high is just around the corner congratulations to all those who bought Bitcoin when it crashes last March and you are still holding it, now that another all time high are you making a loan withdrawing from your savings to buy Bitcoin?
Remember whatever happens only invest what you can afford to lose, there is a big temptation to put everything, but the market is still volatile it's never steady it never was.
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Fundamentals Of
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November 07, 2020, 10:11:35 AM |
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I have no plans of selling all. That would be a bad decision. If you are 100% into cryptocurrency just for the sake of investment, then you may do it and then wait for a lower price to get back in. But if you are into cryptocurrency because that is the best way for a currency to be operated then you would surely leave some for it.
Secondly, if a new ATH is enough for you to sell all, then do it. But if you are looking forward to a higher price in the next few months after the new ATH, then keep hodling on.
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Rodeo02
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November 07, 2020, 10:39:30 AM |
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I took my profit already when bitcoin hits 11,000$, honestly I never knew that PayPal will come and drop the bullish bomb on crypto currency this year, I was aiming for 2021 lol, all the same it's never too late, we still have altcoins isn't it? Once bitcoin reach it's all time high dominance will bounce back and altcoins will take over
You just need to be careful once you decide to move your Bitcoin to altcoin since the life that can give you profit for altcoin is only short . you are lucky if you get all the possible earnings with altcoin but don't trust it too much because in my experience altcoin give slot of loosers to a lot of traders because of wrong entry .
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Coyster
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November 07, 2020, 10:57:38 AM |
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I have no plans of selling all. That would be a bad decision. If you are 100% into cryptocurrency just for the sake of investment, then you may do it and then wait for a lower price to get back in. But if you are into cryptocurrency because that is the best way for a currency to be operated then you would surely leave some for it.
+1 to what you said. I can't sell all my btc just cause Bitcoin maybe could cross it's ath, Bitcoin itself is a currency and also a hedge against fiat devaluation/inflation, so even if btc goes above 20k, selling all you stash back to your fiat currency is not wise, especially if your currency is one that's so vulnerable to inflation/hyperinflation. Even being a Bitcoin investor, I also a enjoy btc as a currency (of course without a third party), having said this, we pretty much have the liberty to use the stash in our portfolio as we think good, if you are only a investor, then you can take your ROI when it gets to the ath, but for me I'll always have btc in my wallets to spend in places that accept it.
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lovesmayfamilis
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November 07, 2020, 11:20:17 AM |
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With the latest rise in bitcoin, the entire crypto market looks very positive. It is important to understand why you are investing in bitcoin? If you buy it for a long time, counting on stable growth, then it is worth keeping the coin. Since many experts predict an increase of $ 35-40 thousand in 2021. In general, many of those who believe in Bitcoin is used to its volatility, and any jump up or down, they only raise an eyebrow. But if someone doubts further growth, then observing how the coin will behave shortly will make it clear whether it is worth selling it or not.
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masterrex
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November 07, 2020, 11:21:43 AM |
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I think it's too early to say that this bullish trend that we experiencing now is another road to an all-time high. Because we are in the industry that anything can happen in a short span of time.
But let me clarify my position, I'm not against Bitcoin and Ethereum but we should be realistic because it is not 2017 anymore, the market and the investor's behavior has changed already or I must say that they already learn from the mistakes of 2017-2018 Bullish trend.
But still, the recent spike of Bitcoin and Ethereum prices has brought some decent profit for those who have some BTC and Ether holdings in their respective wallets.
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Strongkored
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November 07, 2020, 11:23:59 AM |
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All time highs are always awaited by crypto holders, but for altcoins I am a little doubtful that it will be like 2017 where the increase is very high, there is no doubt for Bitcoin it's just that it remains to be waited for whether it will happen this year or next year.
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bitkanu
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November 07, 2020, 11:24:08 AM |
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It looks like all time high is just around the corner congratulations to all those who bought Bitcoin when it crashes last March and you are still holding it, now that another all time high are you making a loan withdrawing from your savings to buy Bitcoin?
Remember whatever happens only invest what you can afford to lose, there is a big temptation to put everything, but the market is still volatile it's never steady it never was.
Never have any plan to sell even 0.0000001 satoshi as a part of my bitcoin. Im all in bitcoin right now. I just wanna keep holding bitcoin until it will reach 100k for each bitcoin for sure. I believe it will be happening in the next years. just try to buy more bitcoin when the price was going down to the bottom. This time I have been getting 3x return from bitcoin. that's my best decision to go all in bitcoin at q1 this year.
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Doell
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November 07, 2020, 11:52:12 AM |
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I want to be wiser this time and when condition is favorable for you why not! I personally said of course not going to sell everything well the future is still a long man ,indeed there is a little that I sell but it is not a bitcoin and as for interest thing when ATH is I'll focus more on day trade alt ,take a little profit of situations and conditions for now conclude other decisions are not mine if someone want to sell all but whether it will be more profitable in long time or not
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aioc (OP)
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November 07, 2020, 12:21:07 PM |
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I took my profit already when bitcoin hits 11,000$, honestly I never knew that PayPal will come and drop the bullish bomb on crypto currency this year, I was aiming for 2021 lol, all the same it's never too late, we still have altcoins isn't it? Once bitcoin reach it's all time high dominance will bounce back and altcoins will take over
I also sold mine very early before the PayPal news came but already made a profit why complain, but after the PayPal news I bought Bitcoin again coming from my profit and so far I'm good in profit, I am really tempted to get a loan to buy more but I know how volatile the market is and I should moderate my greed there could be a trap along the way, it's still to risky.
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blockman
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November 07, 2020, 12:26:11 PM |
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It looks like all time high is just around the corner congratulations to all those who bought Bitcoin when it crashes last March and you are still holding it, now that another all time high are you making a loan withdrawing from your savings to buy Bitcoin?
Remember whatever happens only invest what you can afford to lose, there is a big temptation to put everything, but the market is still volatile it's never steady it never was.
Congrats also to those people who have held since 2018, the known bearish for bitcoin. It was a tough year then last year was a good year and this year is even better. What if 2021 is going to be the best of them all except the upcoming other years? Loans and savings are two different things in the bank. If it's taking loan to buy bitcoin, don't do this. If it's coming from savings, invest only what you afford to lose. Don't also be greedy for the profits, it's ok to sell for your own benefit.
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rodskee
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November 07, 2020, 12:26:50 PM |
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It looks like all time high is just around the corner congratulations to all those who bought Bitcoin when it crashes last March and you are still holding it, now that another all time high are you making a loan withdrawing from your savings to buy Bitcoin?
Congrats to me lol,But i have also some coins that i bought late last year when bitcoin is still at 9k+ so they are something that i need to recover though now i already does.so looking for ATH is one that i am praying for. Remember whatever happens only invest what you can afford to lose, there is a big temptation to put everything, but the market is still volatile it's never steady it never was.
I am planning to sell at least 80% of all my holdings from Bitcoin to Altcoins,because although i believe in Correction happens after the bull yet nothing is certain when will be the bearish will come so at least after selling and the price continue to fly is i still have funds remain that i may sell again.
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Fundamentals Of
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November 07, 2020, 12:32:44 PM |
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I have no plans of selling all. That would be a bad decision. If you are 100% into cryptocurrency just for the sake of investment, then you may do it and then wait for a lower price to get back in. But if you are into cryptocurrency because that is the best way for a currency to be operated then you would surely leave some for it.
+1 to what you said. I can't sell all my btc just cause Bitcoin maybe could cross it's ath, Bitcoin itself is a currency and also a hedge against fiat devaluation/inflation, so even if btc goes above 20k, selling all you stash back to your fiat currency is not wise, especially if your currency is one that's so vulnerable to inflation/hyperinflation. Even being a Bitcoin investor, I also a enjoy btc as a currency (of course without a third party), having said this, we pretty much have the liberty to use the stash in our portfolio as we think good, if you are only a investor, then you can take your ROI when it gets to the ath, but for me I'll always have btc in my wallets to spend in places that accept it. Thanks, mate! Make no mistake, lest it be forgotten, we may all be Bitcoin investors but we believe that Bitcoin is still money, a currency. While I share the fact that there are a few seemingly insurmountable hindrances for its adoption, it doesn't take away Bitcoin's basic features which make it a much better currency than fiat. While 1 BTC=$50,000 sounds so sweet, perhaps sweeter than 1 BTC=1 BTC, we should not forget that sooner or later that $50,000 can only provide us so much, perhaps just a month's grocery.
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FireBallex
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November 07, 2020, 12:34:50 PM |
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Don't sell your holdings yet, bitcoin is still very much bullish and it's dominance is still very high, selling now is selling cheap, once bitcoin reach a new height the dominance will start dropping and altcoins will start mooning, if you don't know how to watch dominance just use search engine
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samcrypto
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November 07, 2020, 12:41:13 PM |
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Buying on its current price now is too risky and I did borrow money to buy bitcoin on its bottom price this year and I'm happy that I'm still holding on my Bitcoin. I'm not expecting for a new ATH this year and seriously, my target price was already hit at the level of $15k, now I'm thinking to keep on holding and be more greedy, or just take profit and wait for the buy back level again, a hard decision to be made for sure.
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Del137
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November 07, 2020, 12:54:25 PM |
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Im ready to sell my whole bug to buy more on the next dips but so hard to find the right time to do so
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Balladtony77
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November 07, 2020, 12:55:26 PM |
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Buying on its current price now is too risky and I did borrow money to buy bitcoin on its bottom price this year and I'm happy that I'm still holding on my Bitcoin. I'm not expecting for a new ATH this year and seriously, my target price was already hit at the level of $15k, now I'm thinking to keep on holding and be more greedy, or just take profit and wait for the buy back level again, a hard decision to be made for sure.
You said you borrowed the money right? Then you are already in profits, what are you waiting for? Don't be greedy mate, take Profits and return the borrowed money, then use the profit to buy altcoins, once bitcoin get tired of growing higher it will bounce back ok altcoins
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Mahdirakib
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November 07, 2020, 01:00:51 PM |
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Bitcoin may cross the previous all time high price soon. But all investor not focusing for the next price peak. Many of them have no fixed goal to sell their bitcoin. They believe that bitcoin will reach more and more up in future. I also think same way and I'm holding my bitcoin investment what I have done few years ago. Now I don't have the plan to invest more in btc. OP, you saying we should invest what we can afford to loss and you also asked that are we making loan to buy bitcoin! You messed up it fully. Taking loan to invest in crypto won't be a good idea.
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Kong Hey Pakboy
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November 07, 2020, 01:07:00 PM |
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I took my profit already when bitcoin hits 11,000$, honestly I never knew that PayPal will come and drop the bullish bomb on crypto currency this year, I was aiming for 2021 lol, all the same it's never too late, we still have altcoins isn't it? Once bitcoin reach it's all time high dominance will bounce back and altcoins will take over
Too bad. You missed the opportunity and you didn't enjoyed the bullish market in bitcoin and other cryptocurrencies. I think you made a bad speculation on bitcoin's price, that is why you end up making the wrong decision on selling all of your bitcoins when it's price is still $11,000. Many people have been analyzing and speculating that bitcoin's price will reach it's ATH again, so holding your bitcoins is the best strategy for now because we are currently in the bull run.
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cryptoaddictchie
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November 07, 2020, 01:09:48 PM |
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Remember whatever happens only invest what you can afford to lose, there is a big temptation to put everything, but the market is still volatile it's never steady it never was.
I would never bought at this rate now. I am bit lucky I have btc paid campaign so at least I could save as much as sack as possible but of course not to big. I am bit more holding other altcoins such as bnb and eth for a while, and some potential coins. Bitcoin is good to go and I am excited to see altcoins makes their way to the top again. Hopefully the defi trend will continue to do good and those fake defi projects will stop. Bitcoin truly proves that they are the number 1 coin in this market. Seems like were closing to the previous ATH.
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