Becareful at this BITCOIN price point

[AniviaBtc]

During this bull run, it is really risky to trade bitcoin as it can fluctuates depending on the market situation.

Sometimes people are just excited to trade, they are greedy to make transactions even if it is really not a good time to trade.

Bitcoin has a lot of potential to increase more or to decrease due to its volatility.

But you can really do some analysis in order to deal with it and make trading much profitable during this season.

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[idrisalomagold]

Actually, it is good to share ideas about when to buy and how to do it on proper time. Although the fact that we can't force them not to buy bitcoin, it also manifest the idea that everyone should know and have the right to know about price at this level. True that bitcoin is at its peak and possibly it might fall anytime. However, its up to the buyer if they wanted to buy bitcoin. Or it depends on their own reasons of buying one. Normally at this price level, sellers are waiting at the top and at anytime they will sell. But again its up to the buyer if they wanted to.

Moreover, based on my own opinion; despite all time high (given that there is no longer resistance above and with cash flowing from institutions) price may still go up although some people are selling for profit. That is of course subjective as it is only my opinion with little to no supported data. Anyways, market too is very subjective.

[bandungan]

BTC Bitcoin price is now in ATH( ALL TIME HIGH). Now its price is super hype. Lots of people now should be want to trade or buy but i recommend everyone to be careful at this point. Now this is the point where anything can be possible it should be up or it should be down. That is why this is a very risky point if you are a trader you have to think very much before take a step. And i don't recommended any one to buy bitcoin at this point now its a time to price down. Just wait sometime to price down then but this is not the right time to buy. And don't buy when the price is already high. And traders try to trade in a stable point because its a too much risky point. I hope everyone understant it. If you think i am wrong then suggest me to the right point or if you thought i am right then i want all of Your appreciate. Thank you everyone

This is the hype that in my opinion makes people passionate, it should be when the price is high someone might be able to resist buying because the fear is that if you buy at a high price but the price goes down, it hurts. so be vigilant and careful in my opinion

[Cling18]

BTC Bitcoin price is now in ATH( ALL TIME HIGH). Now its price is super hype. Lots of people now should be want to trade or buy but i recommend everyone to be careful at this point. Now this is the point where anything can be possible it should be up or it should be down. That is why this is a very risky point if you are a trader you have to think very much before take a step. And i don't recommended any one to buy bitcoin at this point now its a time to price down. Just wait sometime to price down then but this is not the right time to buy. And don't buy when the price is already high. And traders try to trade in a stable point because its a too much risky point. I hope everyone understant it. If you think i am wrong then suggest me to the right point or if you thought i am right then i want all of Your appreciate. Thank you everyone

Your warning is definitely true. I have friends who are still regretful for buying Bitcoin at its highest price last 2017 because they expected that it could still strike higher than 20k that year. This year, lots of people are trying to enter the market at the wrong time. They're now seeing it as a shortcut to success and trying to buy without even searching things about crypto investing which is risky because anything could possibly happen anytime soon.

[Kabul]

It is not as bad as you think. Right now, we have already surpassed the past all time high with an unbelievable momentum since October. Nothing is needed to be worried because many institutional investors are on the train and I believe they are not reckless enough to sell their bitcoin without having a decent reason. Trend is your friend. That is what I have learnt from my trading teacher. And charts have shown that bitcoin has enough power to continue this bull for at least another 6 months

[sapnu]

It is not as bad as you think. Right now, we have already surpassed the past all time high with an unbelievable momentum since October. Nothing is needed to be worried because many institutional investors are on the train and I believe they are not reckless enough to sell their bitcoin without having a decent reason. Trend is your friend. That is what I have learnt from my trading teacher. And charts have shown that bitcoin has enough power to continue this bull for at least another 6 months

It is not really about having bitcoin in a bad condition, we are just trying to avoid the crisis that occured last time bitcoin experienced a bull run. As you can see, the bull stayed for a while before it suddenly dropped down. We should still be smart and wise with our decisions and make sure you are investment at your own risk. Make sure that you are distributing all of your investments on cryptos that has the potential the same as bitcoin. Always be mindful with the market price so that you can avoid experiencing massive loss in the future.

[kamadazje]

There is always a risk in every investment that you are going to make but with regards to buying in this stage, In my view it is still safe to buy even if the bitcoin was able to create a new record or ATH because if we are going to check the whole body of the market then we are not yet at the peak of the market meaning there is still a big chance that the bitcoin price will continue to increase.

And if you will not buy now then there is a chance that you will regret it once the bitcoin price will not decrease and will continue to increase instead. Timing is very important here, there are chances that I am wrong but there is a big chance that I am right as I see that we are not yet in the midst of the bull season here so there is still room for bitcoin price to increase and reach a new ATH again and again until it will hit each peak.

[Fatunad]

BTC Bitcoin price is now in ATH( ALL TIME HIGH). Now its price is super hype. Lots of people now should be want to trade or buy but i recommend everyone to be careful at this point. Now this is the point where anything can be possible it should be up or it should be down. That is why this is a very risky point if you are a trader you have to think very much before take a step. And i don't recommended any one to buy bitcoin at this point now its a time to price down. Just wait sometime to price down then but this is not the right time to buy. And don't buy when the price is already high. And traders try to trade in a stable point because its a too much risky point. I hope everyone understant it. If you think i am wrong then suggest me to the right point or if you thought i am right then i want all of Your appreciate. Thank you everyone

For active traders then this wont really be much of an issue since you've been dealing with price no matter what the trend is, as long it do moves then you would really make out some move or steps too for you to make money.Being careful is always been recommended because buying out or entering the market without any basis will just result into mistake.If you are a type of person who do easily panic out when you do see your port
is on reds then you shouldnt be careless on entering the market.Dont let yourself get fall into Fomo, always have consideration before buying and dont expect much that you can
make out guaranteed gains.

[Issa56]

Currently bitcoin price is currently very high and anything can the price might still pump or the price might dump anything can happen, so to avoid loss of fund always make sure you set your stop lose and be careful with the way you trade it.

[Soldierswitlittlefaith]

if the price is above $19800 then you will not have a big problem buying over $19800. Why do I say that? because next year it will go into global operation what paypal promised and I think it is for this reason that the price is rising a lot, because it is approaching next year and people have already analyzed that if in the USA paypal is in great demand, then imagine when everyone who has 26 million customers that paypal has started to expose themselves to bitcoin? the price will increase a lot, so everyone knows that it is impossible for the price to fall below levels below $15000 or $10,000... we will not see these prices anymore.

@Slow death,
"-----what paypal promised and I think it is for this reason that the price is rising a lot,------"

Talking about paypal & the introduction of a virtual currency (btc) to millions of already exiting customers around the world.
Are they (paypal staff) going to offer any guarantee in case of lost to users who will be buying btc through the paypal platform?

Definitely, i know such decision is as a result of cov-19 and the decision of most bank & online payment processor to reduce the use of physical money


Thanks
Soldierwitlittlefaith

[Hasan986]

Bitcoin is the king of all coins. The incident that happened in 2017. Since then, many people have lost faith in Bitcoin. Bitcoin is currently showing a lot of potential. Which is not like 2017. After that he remains a risk. The incessant pump is also a sign of a big dump.

[jahepahit]

Although am not saying this is buying time, but I see people not doing the right thing at the right time. I still feel the price might still go up a bit but not to what people would expect.

[shoreno]

Now this is the point where anything can be possible it should be up or it should be down.

when coins are strongly getting up , it will usually go up for more but if it goes down strongly , the more itl fell down  . im not scared to invest at this point .   there was also a saying that " be confident if others are fearful " .

i know that others are fearful now like you because they think that the price can go down once it reached its highest but if they can only control their fears , nothing bad will happen and everyone can get the benefit of earning a profit .

[Debonaire217]

the price will increase a lot, so everyone knows that it is impossible for the price to fall below levels below $15000 or $10,000... we will not see these prices anymore.

Price can fall to $15000 but if it falls to that price, it is a confirmation for a new all time high for bitcoin. $50000 for one bitcoin after that pull back and retest of $15000 support. I admit with you that I don't see the future with bitcoin stays at $10000, just to be honest.

It certainly won't stay up that high. For beginners who want to invest in bitcoin right now should wait for it to drop in order for them to have a win. Because right now is too risky, as what we have encountered from the past years. When bitcoin reaches this value it drop down rapdlt and make investors lose their money. Some of those investors attempt to suicide because of the negative profit.

[Becky666]

I agree with you. This point can be very risky, especially for novice traders. Everyone needs to be careful.

Yeah, newbies should be careful at this particular point becasue anything can happen to Bitcoin price, either it goes up or down. If those newbies can have the necessary skills in order to engage in daily trade that will be better but if not, they shouldn't mind doing anything at this moment. Daily traders still go home with good profit IMO, some weeks back a friend who is actively involve into daily trade made some decent profit from Bitcoin when it touched $22k.

[JahriMeayer]

Its tought to know about what will be the paek price of bitcoin because bitcoin hit $24.6k and still btc has a bullish trend.so it is hard to predict But one thing is clear, this time isn't the perfect time to get entry into bitcoin market, it might be highly risky.although there are huge people who believe in long term and going to take entry at current price cause they always like to take an advantage of such situation & want to become profitable

[Shasha80]

I totally agree with the advice given by the opening post, we must be careful with the already high enough Bitcoin price increase.
Take the lesson that happened to Bitcoin in 2018, the price of Bitcoin dumped very deep in 2018. So avoid buying Bitcoin at
the peak price, if you really want to buy Bitcoin wait for the Bitcoin price to correct. Don't let our guard down on the Bitcoin price,
anything can happen to Bitcoin. Therefore it is highly recommended to use the stop-loss feature to anticipate if the Bitcoin price
dumps suddenly.

[Justin999]

Whenever btc hit the demeaned point, it start crashing csuse after fulfilled the public expectation, public start selling bitcoin.even most of people still selling bitcoin cause they knoe how risky bitcoin is, to hold.i can remember year 2017 when bitcoin hit around $19.5k and then start crushing, stopped at $3.6k something.so need to attention at this point

[Chrisdong1]

Recently I got paid for a bounty I participated in and I told a friend because my thought is to sell it before it got dumped again but he advice otherwise saying I should keep as the price will definitely increase soon. Most people this year after all the pandemic did not see Bitcoin anywhere around $20k but lo and behold it's above it. Trading and Investing in this market needs a lot of thinking before taking any steps.

yeah~I cannot agree with you more. People who lost money are usually those who invest or sell with no sufficient knowledge and thinking...think twice before act, that the truth about coin playing, about life and about everything!

[Chrisdong1]

if the price is above $19800 then you will not have a big problem buying over $19800. Why do I say that? because next year it will go into global operation what paypal promised and I think it is for this reason that the price is rising a lot, because it is approaching next year and people have already analyzed that if in the USA paypal is in great demand, then imagine when everyone who has 26 million customers that paypal has started to expose themselves to bitcoin? the price will increase a lot, so everyone knows that it is impossible for the price to fall below levels below $15000 or $10,000... we will not see these prices anymore.

but we should always remember there's someone who sells at a high price and they made it high, then they buy at a low price, which is manipulated by them as well...we must think before any action in case being taken advantage of, and a tranquil mindset is also needed in coin arena