2021 - will this be the year bitcoin?

[CryptopreneurBrainboss]

Looking at the current bull run its evident that 2021 would be the year of Bitcoin (not a prediction, just my assumption). But will this be the year to HODL the existing Bitcoin or do daily trading? If there is no drop in the value of Bitcoin then trader's profit will be lesser than those who Hodl bitcoin. What's your take on 2021 and how do you presume this year for bitcoin?

Just hold, hodling as it has been the best strategy from the onset and most importantly years of bullish runs the best strategy you can use to come out profitable is to hold. You trading can still be profitable but you can easily be left back when the spikes occurs.

Three days ago the market was struggling to break the $30k milestone. As a trader you'll think that'll bethe peak and decide to short bitcoin but today the price is trading abov $324.5k and heading toward the $40k milestones which could happen before January runs out.

Now assuming you short bitcoin when it was below $30k you'll be hitting yourself now and it could influence the next decision you make which could cost you big time as most likely you'll be re-entering the market at the top.

[ipanks]

It could be, but the right answer is we do not know. We could hope that 2021 can bring the biggest profit to us from bitcoin, and that can make bitcoin get more adoptions from out there. Maybe if you have more than 10 bitcoin, you can sell your bitcoin for making money and trying to buy in the other dip so that you can see the bitcoin amount in your account will be increased than before. It is still better to do bitcoin trading because I see that the chance to get profit in bitcoin or usdt still wide open.

We can only speculate for what may happen with the bitcoin market this year. Because, we can't really exactly tell if the bullish run will continue or not. It can go down anytime soon for all we know. So if you are a holder, secure your holdings, you may either sell some of your portfolio and convert it to your fiat to ensure that you have funds ready or risk to hodl your btc and hope that everything will go with your plans. We started this year at a very good level for btc, achieving a new ATH for btc market.

What we already saw to bitcoin so far proves that this year will be another best year for bitcoin. Not just the price can increase more than $37k, but the price will also have a chance to increase higher. The bullish trend will continue for some time, but it will no guarantee to see the bullish will not take a rest for a while and make a correction because usually, after bitcoin price make a high price, it will go down to adjust the price. I already sold some bitcoin, and send some money to my bank account and hold the other to buy bitcoin at a low price in the next correction. I am sure we will see bitcoin achieve the new ATH soon.