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Author Topic: Congrats to everyone for reaching $20k again.  (Read 1022 times)
posi
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November 19, 2020, 01:30:31 PM
 #41

First of all, it will be good if Bitcoin reaches $20K and last time I check the previous ATH price of Bitcoin during December 2017 was $19,665.39 which make Bitcoin to have never clinched the $20K price range before but why did the OP say the price to reach $20K again?
With that been said, I don't expect the $20K range to achieve very fast cause some slightly market correction will happen just to strengthen the bullish.

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November 19, 2020, 02:52:58 PM
 #42

I'm just opening the post in advance.

It's been a long time HODLing, not selling a dime.

It's been worth it.

Cheers guys!

Smiley

congratulations mate, it looks like now you enjoy the profit you get,
do you hold Bitcoin when the price is below $ 10000 ?,
if so, then you are the lucky one, just hold on until the new all time high is reached mate, don't give up.

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November 19, 2020, 03:52:51 PM
 #43

That's the spirit. 20k doesn’t matter we already surpassed the previous market cap. Bitcoin looks like it’s going to touch $20,000 once again. So why you put sell order, better do HODL little more and not to be hyped about the action. I can feel those excited face who've been HODLing long term. All I know is, I'm waiting for it to hit and I think there's a solid chance.
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November 19, 2020, 06:09:54 PM
 #44

Let's not jynx it Cheesy. I mean it looks like we are going to $20k and I really hope that it happens soon but I am not going to act as if we have already reached it. It is quite possible that price of bitcoin could return from $20k and become something much smaller in the future, which is why I am still excited about what is going to happen but I am not going to hold my breath just yet, maybe we won't even reach $20k and from this price it will start to fall and become something under $10k again? Who knows what is going to happen, I can't guarantee anything right now.

But, more likely outcome from these increases is that people may not allow bitcoin to drop any further, we are too close to ATH prices right now to let bitcoin go down right now, so everyone will work towards breaking ATH once again.

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November 19, 2020, 06:51:01 PM
 #45

Are we going to see it happening this month, I am of opinion that 20K per BTC will happen in the month of December, BTC has moved so fast and so quick that it deserve some rest before crushing the 20k barrier.

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November 19, 2020, 07:40:37 PM
 #46

Yes, for those who believed in Bitcoin and Hodling Bitcoin when majority of users where busy in panic selling. I am sure pumps and dumps doesn't matter for long term investors until his/her stipulated duration, I feel we might go through a small scale correction since most of the money pooling in for bitcoin in last two months are normal users like us not any whales or organization so this time we might not see massive dump like we did see in 2018. Kudos to real believers of Bitcoin for hanging on to it.

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November 19, 2020, 10:22:50 PM
 #47

I'm just opening the post in advance.

It's been a long time HODLing, not selling a dime.

It's been worth it.

Cheers guys!

Smiley

The price is not yet climbing the $19000 mark but I'm pretty sure that this early people are already throwing a party or even planning what they are going to do when Bitcoin reaches $20000, we can't blame holders, they waited to long for this, this is why they bought at a lower price, to make a profit and they will soon realize that profit.

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November 19, 2020, 10:52:08 PM
 #48

I feel to congratulate myself also if that will happen again, the 2nd time around if there is. But until now, even the price able to touch $18k at once, the confidence isn't still at 100% to see Bitcoin rallying at $20k.

The only thing we need is that no whales would try to sell their Bitcoin because we know what will happen next. if we can able to maintain the current momentum the a big possibility that we are able to reach it back or even more. But the problem is that we are not totally in control of them and I am afraid the market it burst as it sometimes happens in the past year.
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November 19, 2020, 10:54:03 PM
 #49

First of all, it will be good if Bitcoin reaches $20K and last time I check the previous ATH price of Bitcoin during December 2017 was $19,665.39 which make Bitcoin to have never clinched the $20K price range before but why did the OP say the price to reach $20K again?
With that been said, I don't expect the $20K range to achieve very fast cause some slightly market correction will happen just to strengthen the bullish.
Why not?
I mean the price going from 11000 usd to 15000 usd and to 18000 usd now very fast , how can you say dont expect it?
We are 10% away from 20000 usd and considering we are often sees the price gained 7% to 10% in a day , so why not once again?
I thought there is a correction few days ago but it is not yet happened , a real hard correction has not yet arrived.
The bull run is unstoppable , a lot of new people still join the ride.
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November 19, 2020, 11:11:30 PM
 #50

First of all, it will be good if Bitcoin reaches $20K and last time I check the previous ATH price of Bitcoin during December 2017 was $19,665.39 which make Bitcoin to have never clinched the $20K price range before but why did the OP say the price to reach $20K again?
With that been said, I don't expect the $20K range to achieve very fast cause some slightly market correction will happen just to strengthen the bullish.
Why not?
I mean the price going from 11000 usd to 15000 usd and to 18000 usd now very fast , how can you say dont expect it?
We are 10% away from 20000 usd and considering we are often sees the price gained 7% to 10% in a day , so why not once again?
I thought there is a correction few days ago but it is not yet happened , a real hard correction has not yet arrived.
The bull run is unstoppable , a lot of new people still join the ride.

Dont take it too negatively because you cant blame out people on to have those kind of perceptions towards crash or price hesitance due to the experience that
we do had in the past where we did really slapped almost into the floor.

20k isnt really that too far off into this current price which is playing around 17800-18000 level which i do saw that this might be taking a while or does
need even more sentiments to push up the price even way more higher.

Its good to see that there are still people who do still end up on holding their coins upto this very moment.
Its really in good feeling that you do able to withstand those attempts of panic sell after all these years.

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November 19, 2020, 11:13:51 PM
 #51


We should be grateful that Bitcoin erased every negative speculation and able to cope up even in the pandemic. That's something we didn't expect, admit it. But as always, there might be a "thing" that can spoil the momentum and it can happen anytime.

Even we can't compare the current rise to the 2017 hype, we just need to stay cautious and alert.

A "hodl to death" mindset isn't a bad decision but it's fine to sell if you anticipate that something bad will happen.

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November 19, 2020, 11:55:27 PM
 #52

Only weak hands would try to dump when it starts to touch $20k soon as if they fear of losing the chance to sell. Well, the 2017 bull run is a game changer to them, can't blame them too because they doesn't expect it but their only fault is they buy during the peak then sell when it's bearish already. I continue to hodl until I am satisfied with the price already then I might sell some but not gonna dump them all during bull run.

3996
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November 20, 2020, 01:33:45 AM
 #53

Only weak hands would try to dump when it starts to touch $20k soon as if they fear of losing the chance to sell. Well, the 2017 bull run is a game changer to them, can't blame them too because they doesn't expect it but their only fault is they buy during the peak then sell when it's bearish already. I continue to hodl until I am satisfied with the price already then I might sell some but not gonna dump them all during bull run.

I wouldn't just call them weak hands though, investors have matured since the last bubble, and there are people who have bought at the peak and at least wanted to see some profit in the three years that they have been holding their BTC. Weak hands are those who sell because they are afraid of the price going down. And those who are going to see at $20k are just investors who may say, finally I got my money back and then some.

So it's different perspective. Others who also get in at $3k last March could also sell. In any case though, definitely $20k can be achieved early, maybe at the end of the year push by bulls or early 2021.

R


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November 20, 2020, 03:47:55 AM
 #54

Only weak hands would try to dump when it starts to touch $20k soon as if they fear of losing the chance to sell. Well, the 2017 bull run is a game changer to them, can't blame them too because they doesn't expect it but their only fault is they buy during the peak then sell when it's bearish already. I continue to hodl until I am satisfied with the price already then I might sell some but not gonna dump them all during bull run.
We will see that later when the price can touch $20k because they think that is the right time for them to sell their bitcoin. They think that they will not make a big profit in the future if they don't sell bitcoin at that time. But they can be wrong because the price can still increase after touch $20k, so they will regret it when they see the price can rise higher.

I guess the other people who lack information about bitcoin prices will buy bitcoin at the peak price because they are late to moves. I think the history of 2017 will repeat, whereas many people buy bitcoin at a high price. But I hope that they can know when they need to sell their bitcoin to reduce the big loss in trading.

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November 20, 2020, 05:00:15 AM
 #55

2020 has been very great for bitcoin, we literally reached $4k as our bottom this year in march and right now we are going towards making 5x profit if we reach $20k price. That is something nothing else in the world can do, stocks and so forth are promoted by a lot of people but as you can see nothing "recovered" the way bitcoin did, in all honestly we have already doubled from the pre-pandemic era as well because we were $9k when pandemic hit the markets, we are now at $18k, even if we consider the peak of pre pandemic to today we are at double the profit let alone the bottom to today.

Hence by considering all these, bitcoin is the winner of 2020, we have managed to make something incredible happen in this market that no other market could ever dream of achieving.
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November 20, 2020, 05:08:55 AM
 #56

It is a great year for Bitcoin.

Despite all of what happened, Cryptocurrencies mainly Bitcoin made us positive as people turned here investing more money making the price where it is right now. I guess this advanced greeting is for the next year since I think that the price will not reach the new ATH or $20K this year. It may stay at this price going back and forth but still, I think it will not be reaching ATH.
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November 20, 2020, 05:23:10 AM
 #57

Bitcoiners had a big expectation for the year based on the halving event. When the pandemic made people suffer, the expectations got crashed. Giving hope to the bitcoiners the market didn't gave up, and we're now experiencing the good out of it. As of now the market is reaching a new high, all who were keen about the market and kept hold are enjoying the year 2020 amidst the covid-19's second wave.

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November 20, 2020, 05:48:51 AM
 #58

Ok yeah, I think it going to break the 20K, if it does it will get 30 pretty quick.


I wonder what all the "its crashed never coming back bubble naysayers" will say then?

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November 20, 2020, 10:24:02 AM
 #59

I'm just opening the post in advance.

It's been a long time HODLing, not selling a dime.

It's been worth it.

Cheers guys!

Smiley

Really advance, you beat all of us here by posting it first, anyway it will eventually reach the $20 k mark and it looks like it's going to happen this year, congratulations especially those who bought Bitcoin in it's all time high if they are still holding it's been a long wait for us we are almost there reaching $20k, so many people thought that Bitcoin will reach it's all time high next year first quarter, it happens so fast, definitely we like this.

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November 20, 2020, 11:21:46 AM
 #60

I bet it reaches $20K by the end of the month and runs up to $27-$30K by the end of the year. The only thing that can stop it is a large tech selloff. There so much momentum, FOMO hasn't even really begun, and the price is rising steadily but not in an absurd fashion like '17.

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