Suppose Bitcoin Price start to rise in 6 week to $30,000 -will you buy or sell ?

[Fatunad]

Would anybody even know?

However I am sure that many of those who wanted to buy Bitcoin cheap wouldn't buy even at the current price. When Bitcoin reached $69,000, I am sure that a lot of people thought they came late. Many of them regretted those times when Bitcoin was $20,000 and they failed to buy. But now that the price has fallen all the way to $19,000, many wouldn't still buy because they're afraid it could fall even more. So to your question, it is possible that the buying of those who are fearful would be in the $30,000 to $40,000 range.

Those people which always want to buy at the best possible price are ironically the ones that get the worst price possible, they wait for the bottom to appear but once it does they are afraid of buying as they keep thinking about the possibility of the price of bitcoin going lower, so what do they do? They buy bitcoin once they are sure there is a positive trend, but once you can be sure of such thing most of the positive moment is already gone and you are buying your coins dangerously close to the ATH.

Normally this is how newbie people reacts towards certain actions happened on the market since they don't know nor have an idea if they going to have best position to buy or it will go more deeper. That's why they need to be more observant to each movement since this could being them good help once they want to know something valuable in future if certain the same condition happening again for another try on their trades.

Even veterans do really have always that common question on mind on whats the possible bottom.How much more into those newbies who doesnt have much experience towards the market?
This is why every action or step should be made will really be accompanying or needed up that kind of analysis which for a certain investor or trader to have.
There's no assurance about those tips and hints about price increase on particular times yet its never been accurate and just purely a guess.

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[OgNasty]

I’d probably do nothing. I’d feel better off though because psychology. Maybe if we see a temporary dip that is obvious we’ve oversold, then I might buy some that I’d flip if we immediately went to $30K. More likely though I’ll do nothing and wait a couple years for new highs while I let my DCA continue to do it’s thing.

[BobK71]

It depends on the type of investors. If he is a short term trader then he will definitely want to sell and those who are long term holders will wait until cross the previous ATH. But the truth is that unless global conditions improve, the bearishness will last longer. Many people have doubts whether the price of Bitcoin will reach $30,000 this year or not. However, those who are actual holders of Bitcoin will never try to sell at the stated price.

[Silberman]

At least if that happens, then I make sure my current investment has turned a profit. However, I have good reason to keep my bitcoins because $69K is ATH that should be achievable again in the future. There is no desire to sell it unless there is a very urgent need.

Some time ago, inflation had forced me to sell some investments for altcoin assets. But I really believe I can still hang on to bitcoin. So if $30K can be hit in the next few months, then I'm hoping to stay on hold longer.

This is the right thing to do during the current market conditions, I know that people get worried about the price which seems unable to remain above the 20k level and I can understand those worries, but at the same time I cannot sincerely say that I share them, bitcoin is going to recover to the point a new all time high is going to be reached, we just need to be able to wait for long enough for this to happen, and those which are able to do it will enjoy massive profits while those which cannot do it will have to regret not being able to do so for the rest of their lives.

[GeorgeJohn]

If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?

their is no perfect or accurate statistics to prove the totality or the aggregate of people who will be curious to sell out their coins so that they will not venture into lose, and same thing is applicable to the aggregate of people who will think of making profit, even from my understanding, more people would like buy and hold against the up coming increment since it volume in price has slightly being bullish, it will come their minds that it will continue to accelerate more because of it's long term bearish that we experienced.

[Dave1]

It depends on the type of investors. If he is a short term trader then he will definitely want to sell and those who are long term holders will wait until cross the previous ATH. But the truth is that unless global conditions improve, the bearishness will last longer. Many people have doubts whether the price of Bitcoin will reach $30,000 this year or not. However, those who are actual holders of Bitcoin will never try to sell at the stated price.

And it just so happen that the bear trend could last till next year. And then we will have the halving in 2024 and the bull run till 2025. By that time, perhaps the world has recovered from the effect of Covid already and the war that it will coincide with the next bull run that bitcoin and the rest of the crypto market will undergo. So it make sense not the sell even if it rises to $30k just because a whale pushes it. Might be good to buy at the current state of the market.

[Davian144]

And it just so happen that the bear trend could last till next year. And then we will have the halving in 2024 and the bull run till 2025. By that time, perhaps the world has recovered from the effect of Covid already and the war that it will coincide with the next bull run that bitcoin and the rest of the crypto market will undergo. So it make sense not the sell even if it rises to $30k just because a whale pushes it. Might be good to buy at the current state of the market.

I still haven't thought about it that far now, other than just buying at this point when I have the ability to do so. Because it is still too far and long to be expected and also awaited by all those who believe in the growth of Bitcoin and cryptocurrencies. So I don't really think much about what will happen in 2025, because I still have to enjoy the bear's condition which is still not recovering at the moment.

[Falconer]

I still haven't thought about it that far now, other than just buying at this point when I have the ability to do so. Because it is still too far and long to be expected and also awaited by all those who believe in the growth of Bitcoin and cryptocurrencies. So I don't really think much about what will happen in 2025, because I still have to enjoy the bear's condition which is still not recovering at the moment.

Buying and accumulating assets during this bear market is one of the most recommended things if you invest. Despite the risk, bitcoin is another asset that has the potential to reach ATH in the future so it's good to consider it in your current portfolio.

You can set a target when you should sell it, but I believe that the price can still drop lower during this bearish trend. Buy at all dips if you can afford it, but of course you have to be very wise in managing your investment patterns as things may not go according to plan.

[ethereumhunter]

If bitcoin starts to rise in 6 weeks, I may sell some bitcoin to cover my bills for some months so I can focus on accumulating other bitcoins. That can help me trade and earn more bitcoin while I do not have to worry about how to pay my bills every month. But if in the short term, I can make a big profit from trading, I will not sell bitcoin at that price instead still wait for the next highest price or at least, I will sell some at $60k-$65k. I will try to act based on the current situation and not be in a hurry to decide.

[Silberman]

I still haven't thought about it that far now, other than just buying at this point when I have the ability to do so. Because it is still too far and long to be expected and also awaited by all those who believe in the growth of Bitcoin and cryptocurrencies. So I don't really think much about what will happen in 2025, because I still have to enjoy the bear's condition which is still not recovering at the moment.

Buying and accumulating assets during this bear market is one of the most recommended things if you invest. Despite the risk, bitcoin is another asset that has the potential to reach ATH in the future so it's good to consider it in your current portfolio.

You can set a target when you should sell it, but I believe that the price can still drop lower during this bearish trend. Buy at all dips if you can afford it, but of course you have to be very wise in managing your investment patterns as things may not go according to plan.

This is the right way to face the bear market, a great deal of those which come to this market do not really know what they are doing, they seem to not understand that you make profits not when you sell the asset you are holding but when you buy it, it is because of this we need to always strive the get the best possible price we can, and getting bitcoin for a sub 20k price is great, since the only thing you need to do now to multiply your money many times over is to hold for a few years.

[BuNga_cute]

I still haven't thought about it that far now, other than just buying at this point when I have the ability to do so. Because it is still too far and long to be expected and also awaited by all those who believe in the growth of Bitcoin and cryptocurrencies. So I don't really think much about what will happen in 2025, because I still have to enjoy the bear's condition which is still not recovering at the moment.

Buying and accumulating assets during this bear market is one of the most recommended things if you invest. Despite the risk, bitcoin is another asset that has the potential to reach ATH in the future so it's good to consider it in your current portfolio.

You can set a target when you should sell it, but I believe that the price can still drop lower during this bearish trend. Buy at all dips if you can afford it, but of course you have to be very wise in managing your investment patterns as things may not go according to plan.

Of course I will continue to buy Bitcoin regularly even if the Bitcoin price goes up, because I will only sell my Bitcoins when Bitcoin reach
my desired target, and I think the price of $30k is still too low for me to sell Bitcoin. After all Bitcoin has proven to be very good
for long-term investments, therefore it is better in a bear market situation like now we continue to accumulate Bitcoin. Although as you said
there is a possibility of the Bitcoin price dropping even lower, but because we know Bitcoin can always recover and go back up in price,
so we don't have to worry if the Bitcoin price drops lower. What we need to do when the Bitcoin price drops, we can hold the Bitcoin we have
or if we still have extra money, we can buy more Bitcoin every time the price drops. So my advice never sell our Bitcoins at low prices,
because it will only make us regret if suddenly Bitcoin is bullish and returns to the ATH price.

[justdimin]

If only that's how easy things work here in crypto like you will know what will the price will be after a certain time then you can just prepare a money for buying and then sell that btc's for a guaranteed profit. You can just repeat this process until you build a good wealth. Unfortunately it's only just a dream. There is no easy money in this world but all must take a risk and see if they are lucky or not.

And it just so happen that the bear trend could last till next year. And then we will have the halving in 2024 and the bull run till 2025. By that time, perhaps the world has recovered from the effect of Covid already and the war that it will coincide with the next bull run that bitcoin and the rest of the crypto market will undergo. So it make sense not the sell even if it rises to $30k just because a whale pushes it. Might be good to buy at the current state of the market.

We don't know if the bear's can last till next year but a lot are saying that good recoveries will came starting from next month and onwards but halving is sure to happen in 2024. There might be a positive effect after that but I don't think it can last a long time. @Bobk71 is right. It will only depend on the people's preference if they are in for short or for long term.

[Viscore]

If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?

That's beyond speculation & prediction, $30-40k Bitcoin users expect, but not now, maybe 1-2 years in the future, surely a lot of people will sell if what you say happens in the next six months, but speculation & prediction experts for Bitcoin in a short time don't show their clock hands in six months it can happen for Bitcoin to go up to that price point, that's illusory thinking.

I've read someone who has an accurate analysis every time there is a change to Bitcoin, I always follow what he says, for now it's precise and accurate, he says Bitcoin will end this year and enter 2023, down beyond the forecast that has been circulating in the media and the internet, so I believe Bitcoin for the next six months is no illusion, optimistic to buy not to sell.

You're right mate, seeing bitcoin with its new ATH after six months might be hard to turned in reality since the market is more bearish at the moment and i guess the price downtrend might even become worser months from now. So this is more of an opportunity to buy than to sell, and i will only sell my bitcoin if the market is certainly bullish, and not on a bull trap.

[Vaculin]

$30k is not a good area because it’s actually major resistance. It’s where the last support was, tested many times and broke. If it reaches that area most likely many will sell.

However what matters is what happens after. If it slices it like butter. Similar to the old $6K support in 2019, then it’s confirmation that we hit the low and will go up from here.

Well, there's nothing wrong if someone decides to sell even for small profits, what is a big mistake is that someone sell at a loss. However, for me $30k or $40k is not tempting, so i would rather hold my bitcoin for more years and only sell it at a more profitable and convenient price. In the end, we should always decide what's best for our own investments.

[btc78]

Interesting question. I do not plan on selling any BTC until we get past 70K.

Not set in stone but a goal of mine.

I DO NOT NEED TO SELL btc at 30k so I would surely hold what I have.

that capital words is strong answer and I completely supporting , why need to sell when we can keep it holding and wait for much higher value, we have seen the market having this and recovering after several months or at least years, if we are not in badly needing of funds so better to keep it all in pocket and wait for further time.

[beerlover]

If we "knew" that it would start to rise, then I would definitely buy even more than I am buying right now. But the thing is, we do not know if it will rise, and to be perfectly fair to each other, all the other discussions about why it will be and why it won't be etc etc they are all speculations.

There is not a single person in the world that knows when bitcoin will start to rise, and that is why it is not an important deal at all, it is not important because we cannot make investments based on some speculations. I personally buy because I know it will be high one day, but don't know if that will be in 6 weeks or 6 months, but I am willing to wait for it.

[Finestream]

Interesting question. I do not plan on selling any BTC until we get past 70K.

Not set in stone but a goal of mine.

I DO NOT NEED TO SELL btc at 30k so I would surely hold what I have.

$30k to $40k bitcoin price is not a good time to accumulate more bitcoin, and not a perfect time to sell either. I will only sell if it reaches more than $50k, and I think it may take a year or two before it will finally happen, so most likely long term hodling is the best option. However, others may quickly sell at this current price and it’s not a wrong move actually as long as they won’t sell at a loss. It’s their coins so they have all the right to sell.

[Russlenat]

I think many people would be already buying when it hits above 25000 dollars and above 30000 dollars it would already hit news.
Honestly I wouldn't buy huge amount of Bitcoin yet I think we are still at too early phase for next halving. Although breaking limits can be convincing to at least buy some for quick gains. Like going up from 22000 to 25000. It would be worth. But I tend to hodl. I prefer long term big gains.

There are still people who will grab the chance to sell before the price drops quickly, and i think there’s nothing wrong with that as long as they will sell for profits and buy back again when there is sudden price drops. However, for me I don’t see it tempting to sell as I need higher price for bigger gains, and probably the best thing to do is to hold more of my bitcoin and buy some more if every there is sudden price decline.

[South Park]

Interesting question. I do not plan on selling any BTC until we get past 70K.

Not set in stone but a goal of mine.

I DO NOT NEED TO SELL btc at 30k so I would surely hold what I have.

$30k to $40k bitcoin price is not a good time to accumulate more bitcoin, and not a perfect time to sell either. I will only sell if it reaches more than $50k, and I think it may take a year or two before it will finally happen, so most likely long term hodling is the best option. However, others may quickly sell at this current price and it’s not a wrong move actually as long as they won’t sell at a loss. It’s their coins so they have all the right to sell.

Depending on how the market behaves the optimal strategy we need to implement needs to change accordingly, right now the best strategy we can implement is to buy the dip and do some DCA in the process, but if we do not have cash to spare then holding is the second best option we have, while the worst strategy by far is to sell our coins, as it is unlikely that anyone that bought their coins recently can sell their coins and still obtain profits.

[Shasha80]

I think many people would be already buying when it hits above 25000 dollars and above 30000 dollars it would already hit news.
Honestly I wouldn't buy huge amount of Bitcoin yet I think we are still at too early phase for next halving. Although breaking limits can be convincing to at least buy some for quick gains. Like going up from 22000 to 25000. It would be worth. But I tend to hodl. I prefer long term big gains.

There are still people who will grab the chance to sell before the price drops quickly, and i think there’s nothing wrong with that as long as they will sell for profits and buy back again when there is sudden price drops. However, for me I don’t see it tempting to sell as I need higher price for bigger gains, and probably the best thing to do is to hold more of my bitcoin and buy some more if every there is sudden price decline.

It's not wrong if it turns out that Bitcoin's price goes up to $30k, then we decide to sell Bitcoin to make a profit. Because our goal is to invest in Bitcoin
to make a profit, but everyone has a different selling target and a different strategy. So surely everyone will take different steps when Bitcoin manages
to get back up to the $30k price, but since I invest in Bitcoin for the long term, what I do is buy as many Bitcoins as possible on a regular basis.
So I won't sell Bitcoin if it goes up to $30k. What I will do is buy Bitcoin again if I have extra money. Especially if we look at Bitcoin's track record
which can always generate big profits if we can invest long-term in Bitcoin. This makes me more motivated to collect as much Bitcoin as possible.
Actually, whatever decision we take doesn't matter, the most important thing is not to sell Bitcoin at a low price. Because selling Bitcoin at a low
price because of panic, it will only make us lose the opportunity to make profit from Bitcoin.