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Author Topic: BTC back to All time high ..did you buy ?  (Read 818 times)
xcaret (OP)
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February 06, 2021, 06:56:45 PM
 #1

This morning BTC has returned to it's ATH of Jan 8,2020.

Since it's fall ,there has been speculation here as to where it would go next .

Many were /are convinced they knew where it was heading .

How about you ?   DID YOU BUY, SELL, OR HOLD ?
And now what are your plans ?     
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February 06, 2021, 06:58:16 PM
 #2

It's not ATH yet but it's going there. I'm buying bit by bit each week.

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February 06, 2021, 07:13:03 PM
 #3

I haven't bought for a long time because i already have enough, most of it in altcoins right now, but if i didn't have any i would buy slowly fill my bags all the way until btc would be $50k. After that i would consider investing risky.

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February 06, 2021, 10:52:04 PM
 #4

After watching the slow price rise in the past ten days, I stopped buying around 36.3k and now even sold a little for a profit.

I expect the bounce back to $35k-$36k in a week or two and I plan to repeat the process.
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February 06, 2021, 10:57:09 PM
 #5

Observing if it's a powered breakout if the market pushes strong then I may ride it to 50K otherwise if it's a slow swell I'll let it cool down as it's not ideal to be in at the ATH
Also one of the first times ATH has appeared in two consecutive months so watching and taking notes for what to do in a future precedent.

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February 06, 2021, 11:05:00 PM
 #6

Kinda really regret doubting its potential. I though its previous ATH is already enough for this year but as we can see, there's more for its market value. Actually  a friend of mine have mentioned about investing on it again because its market price will again increase as he speculated. But his basis is to what Elon Musk have said to one of his social media accounts. I know it will be hard to determine what reason is exactly making the market price increase except from demand-supply relationship, but that's just how this market works. So will it be better to invest right now? Knowing how high the price is, could it be more? these things are probably questions playing in the minds of investors.

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February 06, 2021, 11:05:14 PM
 #7

The market has been experiencing big change compared to the previous bull market. During the previous bull market the price didn't stay longer on the top. There were large scale fluctuations, and everything ended up with a unexpected crash which is predicted as market correction. Now the growth pattern is completely different, the slow and steady growth is taking place. More institutional investments into bitcoin is a major reason for the growth, and there is promised growth this year.

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TravelMug
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February 06, 2021, 11:12:54 PM
 #8

This morning BTC has returned to it's ATH of Jan 8,2020.

Since it's fall ,there has been speculation here as to where it would go next .

Many were /are convinced they knew where it was heading .

Previous all time high is $41,900, the top price we reach in the last 24 hours $40,800 so we are still short.

Of course, it was a healthy correction for the last 3 weeks, it went as low as $28,900 so that is a buy signal already.

How about you ?   DID YOU BUY, SELL, OR HOLD ?
And now what are your plans ?     

Yes I bought @30k but not that much though, I only invest what I can afford to lose and I'm not selling till I see $50k or more next week and then see how it goes.

 
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February 06, 2021, 11:15:27 PM
 #9

The market has been experiencing big change compared to the previous bull market. During the previous bull market the price didn't stay longer on the top. There were large scale fluctuations, and everything ended up with a unexpected crash which is predicted as market correction. Now the growth pattern is completely different, the slow and steady growth is taking place. More institutional investments into bitcoin is a major reason for the growth, and there is promised growth this year.

It is because that bitcoin's narrative has change late 2020, with all the money coming from big companies hedging their wealth and money reserves into bitcoin. And so every bull run is different, there could be similar patterns but the scenario's tell a different story.

 
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February 06, 2021, 11:39:39 PM
 #10

Many were /are convinced they knew where it was heading .

How about you ?   DID YOU BUY, SELL, OR HOLD ?
And now what are your plans ?     
It's good that the market goes into the moon phase, bitcoin is back in excitement for a second historic milestone at $ 41k.  On my principle, the lower the price, the more I buy and the higher the price, the less I buy.  I bought but for $ 39k3.  Because I would still believe that bitcoin makes a new milestone at $ 50k, that's how we always believe in bitcoin's value. Think, follow your belief, but it must go with your mind.

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February 07, 2021, 02:10:28 AM
 #11

$41,941 is its ATH based on coinmarketcap's website so we still need more push to break ATH again. I bought at $40k and planning to sell somewhere between 42-43k or depending on it's ATH this time.

Just wondering if bitcoin is going to set a new record this weekend or will it start to make a correction by Monday because Chinese New Year is approaching. Or maybe new record high will happen between this week.
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February 07, 2021, 02:47:56 AM
 #12

This morning BTC has returned to it's ATH of Jan 8,2020.

How about you ?   DID YOU BUY, SELL, OR HOLD ?
And now what are your plans ?      
It did not reach the all time high and already was crashed. I am thinking of a more correction for bitcoin but I of course believe the bull run of bitcoin will continue after correction.

I did not sell at the highest price yesterday but I will wait to buy back at $32000 to $33000 based on 1 day chart. I believe bitcoin will head towards $70,000.

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February 07, 2021, 03:04:08 AM
 #13

I bought bitcoin again when the price drops to 33k it's quite fair just holding your coin and trust until when it pumps up and then I already now reached the profit when it comes to 40k USD and waiting again for the dump for next coming years I think it's good if we make a trade on this volatile rather than make an investment in too much high.

After the ATH it needs to be rest time it's better if you have a vacant time and rest for the too much pressure in market. Just risk management.

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February 07, 2021, 04:15:51 AM
 #14

I bought bitcoin again when the price drops to 33k it's quite fair just holding your coin and trust until when it pumps up and then I already now reached the profit when it comes to 40k USD and waiting again for the dump for next coming years I think it's good if we make a trade on this volatile rather than make an investment in too much high.

After the ATH it needs to be rest time it's better if you have a vacant time and rest for the too much pressure in market. Just risk management.

Evenrhough the price range when you buy and when you sell is quite little, still it is good because as we always say, Profit is profit. We all know how bitcoin works today and how it always pump and pump and just dump and pump again. Bitcoin price always goes upward and not backing up and hoing down. I think I will believe what the others always say that bitcoin might be get a chance to have a new all time high value. As the alts are pumping as well as the bitcoin, it may affect the holders or investors to hold a little more longer and more because they always believe that rhe value today isn't the all time high but will pump and creat a new or reach its new high time value.
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February 07, 2021, 04:27:28 AM
 #15

I wasn't able to buy bitcoin before the price goes, as a person who does not earn a huge amount of money, I am still afraid because the value of bitcoin is too high, I am still waiting for it to go down for $30k before I buy bitcoin, for now, I am focused on altcoins and tokens, it is not that too profitable but I am still contented with the earnings I am having with this altcoins and tokens.

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February 07, 2021, 04:32:45 AM
 #16

Observing if it's a powered breakout if the market pushes strong then I may ride it to 50K otherwise if it's a slow swell I'll let it cool down as it's not ideal to be in at the ATH
Also one of the first times ATH has appeared in two consecutive months so watching and taking notes for what to do in a future precedent.
Hopefully the market will push out of the 40k by coming days, I think that we will be looking at a another resistance at around 60k if the pattern where 20k to 30k transition was smooth were to happen again. I have to say, if another ATH looms, I will be following my planned exit price, no matter how the market will still go up.

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February 07, 2021, 12:35:02 PM
 #17

Kinda really regret doubting its potential. I though its previous ATH is already enough for this year but as we can see, there's more

This is why the logarithmic price charts are so important. Bitcoin has on many occasions demonstrated exponential growth, which means a linear chart effectively smears historical lower highs into irrelevance, and as such makes patterns difficult to identify. Compare the two charts below.

A) Linear. This suggests that early 2021 represents an improbable and unlikely to be repeated price peak, with a near-term price crash almost inevitable.


B) Logarithmic. This reveals a clear rising trend and the potential for considerable further growth this year. Perhaps even by an order of magnitude.






Ultegra134
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February 07, 2021, 01:10:47 PM
 #18

Me stupido sold at approximately $37.400 in order to buy again at a lower price. Well, let's just say that didn't really go according to plan. I'm planning to buy back the exact amount I sold, if the price ever falls back to that level.

 
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February 07, 2021, 01:35:39 PM
 #19

This morning BTC has returned to it's ATH of Jan 8,2020.

Since it's fall ,there has been speculation here as to where it would go next .

Many were /are convinced they knew where it was heading .

How about you ?   DID YOU BUY, SELL, OR HOLD ?
And now what are your plans ?     
Yeah many knows where it was heading but lucky for those bought  from dip. In my case I don't have money to buy and don't have holdings to sell. My plans for now is to find ways on how could I acquire Bitcoins as my future proof investment.

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February 07, 2021, 02:06:27 PM
 #20

Nope, Bitcoin did not return to its ATH. The last ATH of Bitcoin was $42,000. The price of Bitcoin in this latest increase was only $40,000 plus.

I did not buy Bitcoin anymore. I don't have extra money for some more sats for now. Perhaps in the months to come if my savings will allow, I will add more sats in my portfolio.

My plan is just to continue to HOLD until such time that Bitcoin is already the main currency of the world.
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