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Author Topic: Becareful at this BITCOIN price point  (Read 822 times)
Argoo
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December 26, 2020, 06:05:12 AM
 #81

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
Yes, now is a very interesting time for bitcoin and its holders. Bitcoin has reached very large price peaks and despite the continuing bullish sentiment in the market, everything can change in an instant. We must take into account the lessons of 2017-2018. Now it is really very risky to buy bitcoins at the current price. Even if the overall price of bitcoin continues to grow, there will still be periods of its price drops. Anyway, now you need to be very careful.

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December 26, 2020, 11:40:38 AM
 #82

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
For those who think can go with the long-term holding will be more profitable but, maybe this time they have to wait for a longer time to be able to pick their needed profits. Sincerely we don't know where this market tend to go that's why we are be cautioned about this peak that Bitcoin has attained. We haven't forget what happened to us way back in 2017 and those who don't want repetition of such should be smart with their investment funds at the moment.

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December 26, 2020, 01:21:31 PM
 #83

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

I am disagree with you because we have to think high rate of BTC. There are lots of positive news everywhere still now and day by day it growing So i think there is no chance to down BTC price at this moment. On the other hand nCOVID 2nd wave has started though vaccine launch but it will take more time to push vaccine and in the mean time many country going to lock down. So investors again will think for  safely investment from home and i think it will move forwarded day by day.

thanks.
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December 26, 2020, 02:12:46 PM
 #84

The BTC price has risen extremely in the last few weeks, even if there are understandable reasons for this, I believe there will be a technical reaction soon. Investors will take profits and cash in in the short term. To go back into the market at lower prices. So I do believe that investing should wait for the next correction.
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December 26, 2020, 02:39:51 PM
 #85

It actually depend whats your timeline of investment.
If you are willing to take short time risk and long time run, keep the coin even it hits rock bottom.
Most of optimistic look on BTC is it will make 500k-1 mil around 2030.
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December 26, 2020, 02:45:33 PM
 #86

Waiting for a sizable pullback is fools gold, you will be left behind. BTC is crashing higher...
Kez1817
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December 26, 2020, 02:57:15 PM
 #87

Bitcoin is almost $25k, it is dangerous to buy now because correction can happen anytime. The big whale just waiting to dump and take a profit. Then buy lower, so always you should be on your toe. Some people are taking a profit, and I would certainly take some profit at this time. Good luck to those who holding bitcoin.

Bitcoin already touched the $25k value that's why I agree with you, it's not the time to buy. It's too risky and we don't know if bitcoin continue to surge high or it will drop for correction. There is still 5 days to go before new year and I think bitcoin will increase more before it will drop.

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December 26, 2020, 03:05:25 PM
 #88

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

At any moment in this market price, we could already expect the market price dump soon, market price reaching up to 25k$ is a good thing for investors who invest below 19k$.

But when they investors decided to sell their investment bitcoin market price will probably be around 10k$ or even lower at that time, Having an investment in bitcoin is a good thing but with the supply and demand of the market, it is common to have a big dump after a pump like this that surpasses the ATH.

In my opinion, the market price could maybe reach up to 27k$ and then will go dump after that, But at this point, we already have the profit even selling around 25k$.
fishbonez11
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December 26, 2020, 03:12:15 PM
 #89

Correction might happen anytime soon, just like the price highs we are seeing sudden drop of price. This is because there is some point where the price is just cause of traders emotions and hype. This not authentic trades will be corrected by sudden drop. I feel like the correction will not be as worst as the correction during 2017. Bitcoin is now at its good state and a lot more people are being reached compared before. But still hoping that before the year ends, we will be hitting the $30,000 mark.
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December 26, 2020, 03:19:31 PM
 #90

It actually depend whats your timeline of investment.
If you are willing to take short time risk and long time run, keep the coin even it hits rock bottom.
Most of optimistic look on BTC is it will make 500k-1 mil around 2030.


You can earn more Bitcoin if you do trading so it's better to earn that way than to wait for 2030 for making you rich for waiting if you know you can multiply your holdings right now and earn more if your target price is really achievable.

Bet a lot of people regret selling during that 2017 balloon. lol  Grin Grin

It's still possible that we can break the 30k mark but yeah don't forget to take profit before the correction come so it will not hurt you that much. The same thing happen to many people in 2017.
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December 26, 2020, 03:31:47 PM
 #91

Bitcoin is in at $25k, it is hazardous to purchase now since amendment can happen whenever. The enormous whale simply holding on to dump and take a benefit. At that point purchase lower, so consistently you should be on your toe. A few people are taking a benefit, and I would absolutely take some benefit as of now. Best of luck to the individuals who holding bitcoin.

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December 26, 2020, 03:32:14 PM
 #92

. I feel like the correction will not be as worst as the correction during 2017. Bitcoin is now at its good state and a lot more people are being reached compared before. But still hoping that before the year ends, we will be hitting the $30,000 mark.
If it's true that the more price the btc reached the harder the correction will be dealt , you won't be wishing the price will touch $30,000 by now because new year isn't done yet and it will be awfully memorable if correction will happen during this coming week .

2020 is already a bad year , I don't want to add more bad happenings  and there's always next year .

 the correction is free to come on the first and second quarters of the year , third and last quarter are going to be a rebuilding phase again for a new high .
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December 26, 2020, 03:57:46 PM
 #93

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

You forbid buying bitcoin at this point, what if the price of bitcoin is getting more expensive in the coming weeks.  we won't know the price of bitcoin for the next few months, so it's better to look at the bitcoin price chart, if it's more likely to go up then we have to buy bitcoin as soon as possible so we can get a sizeable profit.

jerry0
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December 26, 2020, 07:35:42 PM
 #94

I gotta wonder... how is it even profitable to buy btc at this price now.  In order to double your money... you need btc to hit 50k.  For that to happen... it would take a lot right?  Now imagine trying to triple it or more... btc would be beyond high etc.
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December 26, 2020, 09:53:47 PM
 #95

I gotta wonder... how is it even profitable to buy btc at this price now.  In order to double your money... you need btc to hit 50k.  For that to happen... it would take a lot right?  Now imagine trying to triple it or more... btc would be beyond high etc.

but if the trader is not aiming to double his money and just do his scalping strategy, he can still earn from this current price. but he needs to be careful as we dont know when this will stop or when it will go down. intermittent trading can earn you also a good profit but you should know when to exit. as long as you are practicing the simple rule of trading - buy low, sell high. youre still good to go. the movement in the market is quite tricky. so it is your strategies that will give you profits here.

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December 26, 2020, 09:59:27 PM
 #96

The price of bitcoin now is really high, and this is probably going to be a peak,
many people think that the peak price of bitcoin is at $ 27k, and this will reach it,
it's better to sell some and remember don't try to be greedy!
Dont be greedy indeed and its more wise if you do take out your profits now yet surely you are in greens now and dont ask for more.

Dont let the feeling of FOMO will really overcome you because once the market will make out some correction then you will surely missed out that kind of profiting opportunity.

We might be seeing good numbers here but dont let your emotion do control you and better to secure while its early.We cant say this is the peak but
nothing beats out when you are in the safe side.

Consider on making buybacks when it dipped down or made a little correction.Rinse and repeat!

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December 26, 2020, 10:15:14 PM
 #97

The price of bitcoin now is really high, and this is probably going to be a peak,
many people think that the peak price of bitcoin is at $ 27k, and this will reach it,
it's better to sell some and remember don't try to be greedy!
There are some speculations said that it will go more further. Reaching above 40K dollars of bitcoin is what they are keep saying. In this bull season, there are many people who have speculated bitcoin positively so that many buyers will still buy and hold. FOMO is roaming around the market and crypto industry so that those greedy will fall to bait. Greed is good when it gives us profit but overall, it is bad habit specially in business or in trading.

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December 26, 2020, 10:24:20 PM
 #98

The price of bitcoin now is really high, and this is probably going to be a peak,
many people think that the peak price of bitcoin is at $ 27k, and this will reach it,
it's better to sell some and remember don't try to be greedy!
Dont be greedy indeed and its more wise if you do take out your profits now yet surely you are in greens now and dont ask for more.

Dont let the feeling of FOMO will really overcome you because once the market will make out some correction then you will surely missed out that kind of profiting opportunity.

We might be seeing good numbers here but dont let your emotion do control you and better to secure while its early.We cant say this is the peak but
nothing beats out when you are in the safe side.

Consider on making buybacks when it dipped down or made a little correction.Rinse and repeat!

Maintain our bitcoin to not sell all at once is important, prefer to sell a small portion whenever the price spike like +$1000 in a day.
Who wants to buy bitcoin at the ath? Obviously, not small traders, let the institutional investors and big companies lead the way and stick to your prediction.
Take a look at the fear and greed index
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December 26, 2020, 11:41:15 PM
 #99

At this point, I think there are other choices for being a practical investor if the $25k are still at all times high, is really good, but it is unpredictable to its cycle, therefore, its the right time to recover and thinking about this because it's better to sell now to earn aside from this, too much expected isn't good enough, I guess if the price of BTC went down it's difficult to accept.
Regrets, disappointments, these things we've heard before and can't tell it won't be happening again. You are mate, investing in today's situation is at high-risk, I can't feel the confidence as well. My mind is clear already, I have to wait until the moment that it dumps, I don't want to have those mistakes before again and I learn that.

If that someone will make an investment right now, I suggest not to commit long-term holds, make a trade on it, grab every gaining opportunity that comes on you. Don't be greedy that you wait for the price to double, otherwise, regrets will come next to you if the market will fall.

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January 03, 2021, 03:06:30 AM
 #100

The BITCOIN price climbs to a new ATH almost every day. One reason is the enormous liquidity in the market. We see that with other assets as well. That's why I'm not currently selling anything and will still take the bullrun with me. Even if there will be short-term counter-movements, the upward trend will remain in tact.
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