Did you sell off during the 21k price breach.

[Cantsay]

Yes, there is nothing wrong if you sell for 21k, but today price went up to 22.8k and even reached 23k if you sold bitcoin yesterday, you made a profit, but now you will regret it. There is no guarantee bitcoin will turn back down, I have not seen any signs of the bulls weakening, as you say. If someone sold bitcoin yesterday, it would be a real pity.

Like I said before my coins remain with till Bitcoin gets to 120k the only ones I can consider selling off are those that I got from other means like from trading some airdrop coin/token to Bitcoin or from signature campaign. But as for those that I purchased with my savings they are going to remain with me till I'm satisfied with the price of Bitcoin and that satisfaction will start from $120k and above. Although some have made it big from this ~$23,000 because most of them bought their coins when the price was $15,000 so even if they sell of their coin at the current price they're still going to realize some tangible profit from it.

[kotajikikox]

I did a little mate , yeah i sold half of my coin yesterday and yes also i am looking for opportunity to re enter buying when the bear comes back and I'm sure this is going to happen any time soon.
I don't wanna be rude here and i also don't wanna break your momentum but lets face the reality that this small bull is just here to stay low and will not going far for the time being.

Everyone has their own view of seeing the market momentum at the moment so the decision to sell coins like you did is also not the wrong decision to make because it certainly has very special reasons when you sell half of it. Likewise with other people who still maintain it and do not sell at all in conditions like now. This means that both are not wrong to do as long as it can still make someone feel comfortable and not become a problem in their life.

That is correct and that is also my views mate , it is my funds so it is only me that can decide as what to have, it may be my losing chance or winning ? who cares right?
I bought in lower price so selling when I'm in profit is also my choice , now I can buy more if the dumping starts to happen again.

[Maslate]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

The price uptrend is very consistent, as of this writing, it's already trading at over 22k.

This is a good recovery, however, I don't expect that bull run will come anytime soon, it's too early if we based it on the price history of bitcoin and the entire crypto market. So what we should do now is to take advantage of the decent increase, take that profit and then maybe wait until the price will drop again. Or if you want a better profit, then might as well hold a little bit, and wait for the real bull run, I'm pretty sure that a new ATH will come.

[LogitechMouse]

No. Not at all.

I mean a small bounce will not make me sell any of my Bitcoin holdings at all, but I admit that I need to sell some of my altcoin holdings. I sold it yesterday just because I want to re-invest it into dividend paying stocks.

My prediction this year with regards to Bitcoin's price is that, it will move sideways at the range of $17,000-$25,000, but we are just in the 4th week of 2023 and yet we are seeing Bitcoin's price going up already.

Is this price increase sustainable? I don't think so. I mean I don't see any reason aside from the fact that the S&P500 and DJI is starting to increase. US Stock Market and crypto market's price movement are somewhat the same or correlated.

[MachineGam]

Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k

[Minecache]

And if someone sold, then it's already a lost to them. I see someone says to rebuy when the price goes down, but you have to wait for it, and for all we know we might not see the price below $20k again.

Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.

As long as they make a profit, they don't lose, no one knows how much bitcoin will go up, so there's nothing wrong with them selling at $21k and already making a profit. And we are still in the bearish season, so the possibility of bitcoin falling back is not impossible. Neither you nor I nor anyone knows if bitcoin will rise or fall in the coming days, so your statement that bitcoin won't drop to $20k again is a false statement. As for me, I am still cautious even though the price has increased.

[bittraffic]

And if someone sold, then it's already a lost to them. I see someone says to rebuy when the price goes down, but you have to wait for it, and for all we know we might not see the price below $20k again.

Again for those who push the sell button, it's now $22k and even reaches $23k in the last 24 hours. So it's really not good to sell in this sort of mini bull run, the price is still going up. Or better yet, just hold and be a long term investor and shorting for me is not advisable in this kind of market movement.

As long as they make a profit, they don't lose, no one knows how much bitcoin will go up, so there's nothing wrong with them selling at $21k and already making a profit. And we are still in the bearish season, so the possibility of bitcoin falling back is not impossible. Neither you nor I nor anyone knows if bitcoin will rise or fall in the coming days, so your statement that bitcoin won't drop to $20k again is a false statement. As for me, I am still cautious even though the price has increased.

If they rebuy at a higher price that means they lose satoshis. I actually lost some since I sold at $21K. It never drop to 19k as I expect so I didn't buy back at all but goes for an altcoin that I plan to have a stash.

It doesn't look like it's going to be dumped soon so we might hit $25K first before falling back again. I could be wrong about this speculation but sure many are expecting the BTC price to fall again.

[lienfaye]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

I think if there's no negative news (again) that can affect crypto as a whole and can scare the weak investors from holding then it's possible that we can move forward without worrying for the price to return back at $16k value again. But of course it's too early to say since we're still in the first quarter of the year.

Anyway to answer the title, I did take profit after the price reached the above $20k value. Because it's been a while since the last pump hence the minor recovery of Bitcoin is also an opportunity to enjoy some profit and as a long term hodler I deserved it.

[GeorgeJohn]

Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k

You're saperspective it's really nice, but it's unbelievable that cryptocurrency is not expected to reach hundred thousand now, i will say that can happen when more investors comes into Bitcoin and secondly when theirs a positive information concerning cryptocurrency it's when Bitcoin will have changes.

[peter0425]

I don't know if it is good or bad that I did not sold any of my coins till now , maybe because I am ready for holding till next halving ? or i trust bitcoin and my altcoins more than anything in this market?

I acted as i fail myself back in 2017 and in 2021 so with this I am sure that I will never fail investing and holding again?

Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k

like yours? yeah lets see if it will hit that 6 digits for the first  time and this year?

[CageMabok]

Seeing how it happens in those days, I think that this year it will have a good perspective of its price. I hope that its price grows and it reaches 100k

The expectation is too far for $ 100K mate, because between price increases there will certainly be such a thing as a correction in the market for Bitcoin so that the time needed to reach such a high number will obviously be very long. So it's better to hope at a more reasonable price in the near future, although it wouldn't be so bad if you were to expect the price to be that high in the long term.

[rodskee]

To me I did not sell and even if the price is at 50,000 dollars today I will not also sell. I can only sell when there is a new all-time high.

keep it up!! I'm sure above $50,000 in the next few months eg I don't want to sell either but we would like to see price to surpass the previous ATH so it will be an all-time point again we will definitely look at that and definitely stick with it from now on.

It is indeed coming to happen , 50k? I believe that this may happen but at least in 2024-2025 because this year seems to be continuously lowering or staying at least 25k the highest.

It seems that bitcoin continues to move up making me a little happy to see the market grow again but I still want to keep buying at the current price.

we are all happy but don't expect too much mate for us not to feel the failure and the losses .

[Joshapat]

When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.

[TalkativeCoin]

I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.

In the end I've focused on buying and cost averaging.

[Dave1]

I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.

In the end I've focused on buying and cost averaging.

Good for you mate, that's should be the mindset, even though the price seems to be increasing like everyday this month, still very far from what the prices should be in the long term. So just buying will be the best option for us today and not selling.

DCA or whatever strategy you think will fit for you and your budget, and I think that is the plan that we should have, buy and HODL.

Time flies so fast that we won't notice that it will be second of the year and then bitcoin halving next year.

[marine4u]

I don't know if it is good or bad that I did not sold any of my coins till now , maybe because I am ready for holding till next halving ? or i trust bitcoin and my altcoins more than anything in this market?

I have this same scenario.  I didn't sell any of my coins as panic and hack events interspersed, my coins lost approximately 5-7 the cost at purchase.  I had the opportunity to sell and make a profit at the end of 2021 but didn't, and I really believe I did the right thing and continued the long term strategy.  Currently, I continue to accumulate and DCA continues to these coins.

Believe in the long-term and continuous development of the projects that I have.  That's all I'm doing and thinking

[CageMabok]

When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.

Now Bitcoin is in the $23K range and still on the rise. It looks like before the start of next month Bitcoin will continue to be close to $24K and possibly even more if the buying demand continues to increase and there is no FUD of any kind for the next few days. So don't be too quick to sell even though you've seen a profit for a few percent now even if it's your own decision to run a slightly different strategy in order to increase more profits.

[TalkativeCoin]

I've actually mostly ignored what happened in the last 3-4 months, my general rule of thumb is not to be bothered too much because I've set myself to long-term.

In the end I've focused on buying and cost averaging.

Time flies so fast that we won't notice that it will be second of the year and then bitcoin halving next year.

That was pretty much my POV too, especially as I got older with having 101 other obligations, then the rest of the non-in-focus things just passes you by in a blink.

[YOSHIE]

So are we to expect any sudden drop down to 16k again on the price of bitcoin this year or we will going through with this current 20k to 21k mark.?

Believe it or not, nowadays many users or crypto experts are speculating for the Bull market against Bitcoin, they don't hope anymore for the bear market, maybe the bear market speculation is over.

Going into 2023, it's not a solution to wait for the Bitcoin price to drop $16k, now if you understand some speculation experts it's time to invest and keep your Bitcoin as much as you can, good opportunities will be waiting for you in the future.

What I say, does not mean something that is true to be a guideline, but you can analyze and correct back about Bitcoin speculation now and in the future. but my gut tells me so.

[DaNNy001]

When the price hits $ 20k then I'm optimistic that the opportunity to continue to rise will occur, I use a short time to buy and now I can profit more than 7% if you count the last purchases, of course I won't sell in a short time because I believe it's February the price could touch at least $28k and the chances of it continuing to rise are huge as there was no wave like the one in 2022.

Now Bitcoin is in the $23K range and still on the rise. It looks like before the start of next month Bitcoin will continue to be close to $24K and possibly even more if the buying demand continues to increase and there is no FUD of any kind for the next few days. So don't be too quick to sell even though you've seen a profit for a few percent now even if it's your own decision to run a slightly different strategy in order to increase more profits.

That's exactly what we are hoping for, a continuous rise in the price of bitcoin and maybe even reaching an ATH again. There are so many speculations about this sudden rise as a temporary bull run and that the price is still going to drop again but what can one say, thats the just volatility of bitcoin as no one actually knows how and what the faith of bitcoin will be by the end of the year. The year is still young and there are ups and downs still install in the year waiting to show itself. All we can do as investors in the crypto space is to hope thats these updates doesn't affect the rate of bitcoin as it did in 2022 which lead to the drastic drop in the bitcoin price.
everyone should just keep holding and lets see what this year brings