Bitcoin is headed for the stars, but...

[dansus021]

Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

  Total true its happen to me like any single time i need money to buy food and pay the bills but in the other hand i need to Hold to make profit and bounty hunter like me is hard decision to do 

[larus]

Thats the market rules, nothing unusual. People that afraid will market will panic sell everything

[veznata]

some people are worried of price fall.....many of us have been in the game for 10 years. 1000's times during past 10 years we have heard that price may fall and lose everything but as time goes BTC crosses 1,2,3,4,5-digits and will (with 99% certainty) continue to grow in value especially now when it becomes so popular wordwide. as some people would say "what if it falls to 10K"? Nothing. wait a bit it will regain and beat last ATH again. No one can predict what will happen in 10 years but as of today Bitcoin is the best investment you can think of. Anyone can offer better investment idea by the way? We all be very happy to hear

[BIT-BENDER]

The price can go higher, thats really possible however be certain on your limit. Its fine to take profit at times and enjoy your earnings, thats the reason why we're investing right? If you can wait longer to witness how far the price can go and you're willing to take risk the money you invested then forget for a while the market and come back after few months or years, it depends on you.

Nevertheless invest the money that is not meant for important things and you can live without so there's no need to panic or be in hurry to sell just because you dont have food to eat already.

Taking and selling your Bitcoin when emergency calls for will not matter about profit or loss, you can sell it off at anytime to handle inside emergency, Bitcoin is always here, and its for those that breath, and I don't think there is any money you can say is meaningless, investment money is hard earn money, you put-aside for investing so its still money and will solve financial problems of its amount when other ways for getting money for problem-sake, fails.

[Yamifoud]

some people are worried of price fall.....many of us have been in the game for 10 years. 1000's times during past 10 years we have heard that price may fall and lose everything but as time goes BTC crosses 1,2,3,4,5-digits and will (with 99% certainty) continue to grow in value especially now when it becomes so popular wordwide. as some people would say "what if it falls to 10K"? Nothing. wait a bit it will regain and beat last ATH again. No one can predict what will happen in 10 years but as of today Bitcoin is the best investment you can think of. Anyone can offer better investment idea by the way? We all be very happy to hear

What if the price falls? Some will be happy while others are not.
If you wanted to buy back again with Bitcoin, you will probably be happy when it dumps. Because for me, I have to make a sell off this time.

It is to realize how the market falls last 201 and it can be possible to happen again. If we make a hold this time because we don't yet need the money, there is no wrong with that but we should be cautious in every market change, dumps can't also be predicted. I was anticipating it first rather to feel regrets just like in 2017.

[MCobian]

We all want a large profit from Bitcoin, but don't let investing in Bitcoin use a daily budget or borrowed money as capital. Always use
the money that we can afford to lose, or extra money that we have as capital. That way when Bitcoin experiences a bullish trend like now,
we can keep our Bitcoin holding and hope the Bitcoin price can go up even higher. Without worrying, the Bitcoin price could fall at any time,
because if that happens we can calm. Because there is no need to cut losses, and we can wait for Bitcoin to recover.

[Lanatsa]

Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

Its just dumb for you to hold like forever if you don't have something to it and just focusing into your investment to grow.Its just not on someones right mind to have that kind of behavior.

Sell when in need of food or in need of expenses and don't regret on getting those you had invested even though it might really be decreased up but still nothing is important other than
survival.

Some people do make out investment with their extra money and some do go all in and we can really tell the difference among the two regarding on the actions
that they had made.

[Wind_FURY]

It takes a lot of time to use cash with Bitcoin Many countries do not use Bitcoin and have no knowledge of Bitcoin. However, most traders prefer to invest in Bitcoin rather than cash. They keep their Bitcoin wallet for long-term investment to make more profit if the price goes up. Currently Bitcoin is in a much higher position and there is an opportunity to reach a better position. After a long time for cash need to convert to fiat currency. The demand for Bitcoin as a currency is much higher.

Profit is the motive, and if our greed is the only way to force all of us to HODL, and have a fall back/back up in case the government can't control the monetary system anymore, THEN OK! HODL!

[LogitechMouse]

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

This might sound bad but I feel pity for the investors who put their trust into the so-called analysts who said that Bitcoin will go down to 0 or Bitcoin will go lower throughout the years. I feel pity for those investors who followed this pessimistic analysts.

Now we are seeing Bitcoin pushing its price towards the $30,000 although we saw a small correction right now. TBH, I didn't expect this to happen. My year-end prediction is $15,000-$16,000 but it didn't happen. Many didn't expect this price movement of Bitcoin. Just hang on with the Bitcoins that you are holding. If you are capable to add more then do it gradually. Just don't starve yourself like the OP has said . Balance your investment and your lifestyle still.

[vaultman]

Now the situation is completely different. There was a lot of hype on the internet in 2017 as it was a breakthrough for Bitcoin. Many had bitcoins on their wallets, and did not particularly follow them, and then the media environment was filled with news of a sharp rise in bitcoin. In 2017, there were few prerequisites for believing that bitcoin would go above 20000$, so many owners sold all their bitcoins at the peak of its price and did not buy bitcoins again in the following years. Now the situation is completely different, more and more institutional investors invest their funds in bitcoin, the largest companies accept bitcoin as money, so I believe that the price of bitcoin will not fall below 20 thousand dollars, you can safely buy bitcoins, since everything preconditions indicate a further rise in its price.

[AniviaBtc]

Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.

Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.

But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.

I will not really starve myself to death for the sake of bitcoin profits.

If you have discipline and priorities in life then probably you will not end up losing most of your money in your personal needs.

Bitcoin is only an asset that will make you earn profits depending on the market so don't think that it will really help you when you have nothing to spend as soon as possible.

[mardaed]

Yeah holding bitcoin will need a solid trust of bitcoin itself because if you have no full trust to bitcoin then time will come that you will be afraid that bitcoin price will go down pretty bad even if it is only decreasing a little and this will only create a confusion to you that will push you to sell your bitcoin holdings in a wrong timing.

If we are going to check the market, there is only one goal of bitcoin as of this moment which is heading to stars or others saying go to moon. If we are going to check the price in last bull season, the alt prices are still at 70% of their ATH and as what I have notice only bitcoin has been able to successfully break it's ATH again and again so there are still big chances that the bitcoin price will continue to increase as I can see that we are still very far from hitting the peak of the market.

[Wysi]

Ultimately it's the whales who will emerge as winners and moreover most of the users don't aim for long run as they need money to meet their daily needs, big investors uses this opportunity by causing minor fluctuations and buy back from panic sellers before Bitcoin goes to new ATH.

We cannot blame anyone in this situation as everyone wants their investment to be profitable which is not possible as somebody's loss is other person's gain here especially between average users, traders and whales.

[Yatsan]

That is certainly why we are always saying that only invest the money that you can only afford to loose. If you know yourself that you are into a situation that you will end up starving once you have putted your money on hand upon investing into Bitcoin and it just turns out that the price declines after your engagement and resulted to loss and disappointment on your part, then probably it is your fault because you risk the money you only have for a living. Only invest your extras and those that you can afford to loose. It is not certainly a blame for those small time Bitcoin holders but this must serve as a note that only invest your extra money and not all that you have to avoid pulling out on an instant and missing the chance and opportunity to see Bitcoin's recovery that can benefit you more.

[Malam90]

Bitcoin has already broken its ATH record and set new ATH for $28,288.84 on 27th December. Selling Bitcoin if not urgent need isn't good idea for now. Everybody is expecting to see its price over $30k. Bitcoin dominance (68%) is  increasing and also marketcap hit $520B but today is a small correction in the market. It's temporary i think.

[traderethereum]

Bitcoin has already broken its ATH record and set new ATH for $28,288.84 on 27th December. Selling Bitcoin if not urgent need isn't good idea for now. Everybody is expecting to see its price over $30k. Bitcoin dominance (68%) is  increasing and also marketcap hit $520B but today is a small correction in the market. It's temporary i think.

It will increase more than $28k in the future, and it will not stop at that price.
But we need to wait for more, especially at this moment because we do not know when the price will increase higher again.
Yes, it is just temporary, and after this, the price will jump to a high price and will break $27k and back to $28k.
After the price can back to $28k, it will have more chances to hit the next ATH, and at that time we can make a big profit like before.

[BADecker]

^^^ Did it get to $29,300 today?     

[idrisalomagold]

its okay if small people got scared and sell because they are only small anyway and that wont make any big impact on the price of btc and you already state the reason why these small people sell , they need food to live and buy small things that make them happy and if they dont do it they will regret once btc dump .

So true lol, they don't have any impact in the market. What we fear is if these institutions are selling off. These will impact the market for correction and of course those who buy at 28k to 29k level will get trap and definitely loss significant amount.

^^^ Did it get to $29,300 today?     

Yes, it reached another ATH, see coinmarketcap

[Mrsonutiten]

We cannot really claim that they are idiots since the value of bitcoin is still rising continuously. If they bought it having a high price like right now, they may not gain much but will still make profits from it, just not the same with those who bought it earlier or before the bull run. Who knows how high the value of bitcoin might be in the next few months or years, maybe those who bought it at 27k would still be happy as it reach 40k if ever in the future, so let us not be judgemental with their decision making, maybe they are just being wise.

[Sithara007]

You actually need more or less $2 trillion for $100,000 each Bitcoin which beats even the largest companies in the world by a lot so $1,000,000 each Bitcoin or $10 trillion is a pipe dream for now because you'll need to make people around the world use Bitcoin as a currency it's as if they are using credit cards or fiat money. USD has $37 trillion worth of money around the world (I don't know if this is accurate but around that or way more) so Bitcoin with $10 trillion marketcap is still nothing compared to USD.

It is not easy as it seems. Increasing the market cap from $0 in 2009 to $500 billion in 2020 is easier than taking it further to $10 trillion. You need to remember that even now, Bitcoin represent around 0.15% of the total global wealth. And Bitcoin is hardly being used as a currency nowadays. So the comparison with USD is wrong. You can compare it with gold, as both of them are investment assets.