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Author Topic: Do you withdraw bitcoin this week?  (Read 674 times)
Greggry (OP)
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March 31, 2023, 03:12:40 PM
Last edit: March 31, 2023, 08:58:46 PM by Greggry
 #1

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
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March 31, 2023, 03:23:21 PM
 #2

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

so what ?
it's good to share your thought Wink
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March 31, 2023, 03:25:56 PM
 #3

I don't know what tools you are using to track prices. 
But from my end, the BTC price is currently in the range of $28,000 to $28,400 dollars.

Those who bought earlier lots have already taken profit, which is always a good thing to do when one sees it, but taking profit all depends on the holder and their decision before the move to purchase the BTC was made. As for me, I am still holding strong irrespective of the amount I see today because I have made a promise to hold it for a long time, which is for about 4 years and above, since I don't have any intention of using the fund for anything in the near future. So if one invests for short-term profit, probably those who bought at 23K and pulled out at 28K have made a whole lot of profit.

R


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March 31, 2023, 04:42:58 PM
 #4

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

That is not the current price of bitcoin. Bitcoin is within $28,400+ please verify.
As of taking profits, people who are on short term investment is supposed to take profit. But many are targeting $30k while some are targeting $50k while others are patiently  waiting for a new ATH.
Surprisingly some also will not sell even if bitcoin makes a new ATH. Some will not sell for ever and until.they die. It just am individual decision to make.

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March 31, 2023, 05:03:01 PM
 #5

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
I'm pretty sure some Bitcoin investors have already withdrawn some of their money due to the recent spike in bitcoin prices, but personally, I've been holding on to my Bitcoins for years and have not withdrawn any funds. I rarely withdraw money, only in an emergency or when I need it. The recent increase in the price of bitcoin from $23,000 to almost $27,000 is nice, but it is not that impressive, as I think the price of bitcoin could increase much more than that when the good days come. Therefore, I am currently staying idle and keeping my Bitcoin in my wallet without touching them.
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March 31, 2023, 05:08:43 PM
 #6

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
I think the reason why we invest in the cryptocurrency market is not to take profits once the market takes a little upward movement. We don't need to rush and take our profits just like that. It is better we hold and keep holding so that we can earn big from the market not for us to take the little profits we have when know that the market is still going to go bullish in due time. The market is try to balance momentum for now for the big move coming our way. Let's keep be ready to hold now so that we can earn better profits from the market in due time.









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March 31, 2023, 05:16:24 PM
 #7


Nothing wrong with withdrawing cash.
While some may withdraw their fiat money to enjoy, some will withdraw thier BTC out of the exchange also to prepare for the coming bull run.

While it's still 2023 and there is still a year before the halving yet there is already a huge pump in BTC, what more could happen to BTC price after halving? I think $100K may happen this 2024. It's a very conservative prediction by now since there are already personalities claiming BTC to be $1M.


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March 31, 2023, 05:18:45 PM
 #8

Please check price trackers such as Coinmarketcap or Coingecko to verify the price is now even in the last 24 hours its low of $27,600 means it is far from what you say it is.

Anyone can take short-term profits if they feel that this is their target because people are free to do what they want after seeing the benefits, but I think it's still small and I won't take profits until whenever except for waiting for ATH again while right now it's best to accumulate bitcoins it's still quite far from the real pump so i need to take advantage by buying more bitcoins.

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March 31, 2023, 05:34:31 PM
 #9

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

Where did you get the price of $26k? Maybe you're talking about Euro, because bitcoin is in fact at €26153.
I don't sell anything at these prices, although I have bought bitcoin sub 20k. I'm not here to scalp pennies, but to escape the manipulated fiat system and save up for times where bitcoin will be much more popular and much more valuable, which is inevitably going to happen with every coming halving.

Some of us here are in the space to get more bitcoin, but if you're here to have more fiat money, be my guest. We all have our own goals.

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March 31, 2023, 06:32:39 PM
 #10

Keep the record that it will pump no matter the delay.
That's it.

No matter what happens, bitcoin will just simply pump and that's what's going to happen. We're getting near to the halving and effect of it is known to make demands higher and supply rewards to be lesser and cut in half.

You sell, you buy. It doesn't matter but make sure that you've got a stash that you're holding for long term and that's the firm portfolio that you're hodling before the great bull run arrives again.

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March 31, 2023, 06:37:24 PM
 #11

Nah, I'm not selling my Bitcoin anytime soon. Yeah, right now I'm already in profit, but I'm gonna wait until at least $100K, I know it's possible in a few years or so.
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March 31, 2023, 06:43:38 PM
Last edit: March 31, 2023, 07:01:27 PM by HajiBagi
 #12

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

Are you arguing that people who sold their bitcoin for a tiny profit were impatient? We all buy in bitcoin to earn a profit, and because we all know that bitcoin can dump or pump at any time, selling a bitcoin when we notice a modest profit is not a big concern in my opinion. As a result, I don't see anything wrong with you selling bitcoin for a tiny profit mate.

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BlackHatCoiner
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March 31, 2023, 06:45:46 PM
 #13

My simple take: if you need money, cash out. If you live fine, hold it.

It's really that simple. You have absolutely no evidence to support this "potential upcoming pump". It's utter guesswork. Bitcoin can be $40,000 next week / month / year, or $15,000, or $80,000. I'm confident to hold coins for a decade, but I'm nowhere confident to playing with short-term trading. "Those who play with fire perish by it".

What matters is we're +70% in the last month. Enjoy the appreciation.

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Zlantann
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March 31, 2023, 08:08:00 PM
 #14

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

I sold a few of my coins last time and I am regretting my actions. Although the price of bitcoin is unpredictable I am hopeful that the price will keep up till it gets to my benchmark to cash out. For now, nobody can convince me to sell my investment. Anybody that wants to withdraw and sell has his reason for taking the decision. Some investors have also made some profit (some even bought less than $10,000) from the high price and they want to withdraw it for other investments. While others might decide to sell because of pressing needs or emergencies.

R


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pixie85
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March 31, 2023, 08:36:00 PM
 #15

I see no reason to do it.

I'm in this game for the long run and when you've been through at least 1 bull and 1 bear market before, your attitude changes. You no longer look at bitcoin as a way to have more fiat but you look at fiat as a way to get more bitcoin.

I totally understand people who entered the market at the lows and want to realize profits. I came here in 2016 when bitcoin was bottoming and I felt so good seeing everything in the green early in 2017 but little did I know that it was only a fraction of what's to come.
milewilda
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March 31, 2023, 08:37:11 PM
 #16

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
My wallet is composed of two parts, one is for long term hold and one is for short term ones on which i do make trade off which means that one wallet is really that intended for some future use
neither it would really be just in short for me to spend it out if the time is needed which it is really that something that i had planned since from the start.This is why im not really that much worried on my
long term holds. Come to know that i've been doing short trades with Bitcoin and accumulates it, which means that i could really be able to patch it up in case i did make a good profitable
trade.This is why It does really depend on how you would consider out on making one.

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March 31, 2023, 08:45:53 PM
 #17

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending.
You can take profit right now, no one is stopping you from doing it for whatever reason.
While I am still very optimistic about holding on for longer timeframe and trying to ignore the current market volatility. You can also hold whatever percentage of profit you are currently getting, because selling and holding are subjective and must be adjusted to your investment plan.

But first, try to get realtime prices before you make misleading statements about prices.

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Greggry (OP)
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March 31, 2023, 09:03:34 PM
 #18

I don't know what tools you are using to track prices. 
But from my end, the BTC price is currently in the range of $28,000 to $28,400 dollars.

Those who bought earlier lots have already taken profit, which is always a good thing to do when one sees it, but taking profit all depends on the holder and their decision before the move to purchase the BTC was made. As for me, I am still holding strong irrespective of the amount I see today because I have made a promise to hold it for a long time, which is for about 4 years and above, since I don't have any intention of using the fund for anything in the near future. So if one invests for short-term profit, probably those who bought at 23K and pulled out at 28K have made a whole lot of profit.

Sorry, it was error type about the price, I did mean to said $28,600. Yes bitcoin is actually a personal responsibility of when, how and what to do and manage your own account
Obari
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March 31, 2023, 09:03:51 PM
 #19

At every instance I get to buy, I so so without any hesitation and whenever the need to sell comes, I also do so without any hesitation as well.
I have one concept of savings which is saving to be saved and since I don't know what the future holds, I always try my best and leaving the rest for God.
I saw the spike in price pump and I was really tempted to sell because I was already having a nice profit on my money but since there was no need for me to sell, I'm still holding and it seems the market is actually not stable for now and I will advice that we try to hold much more longer but if there is a need to sell, please do without any regrets but do well to buy at every Instance you get as well

R


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armanda90
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March 31, 2023, 09:19:28 PM
 #20

Depend on every trader or investor about taking profit or not, but I don't think all trader agreed for taking profit and withdraw their bitcoin assets although price have been up. You right about Bitcoin have been up from $23K to $28K in one month but many trader still have bigger hopes for Bitcoin get back to top price or near close with all time high record last two years.

OP you can withdraw your Bitcoin profit as soon possible do you want, but better waiting awhile for Bitcoin have been stable on $28K and have potential back above $30K in this April, seems have new progress for Bitcoin price in this month and reach back to higher price. But if you worried with Bitcoin will back drop or lower price is not matter for taking profit and withdraw your Bitcoin assets to fiat.

R


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kawetsriyanto
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March 31, 2023, 09:19:47 PM
 #21

Nothing wrong with withdrawing cash.
While some may withdraw their fiat money to enjoy, some will withdraw thier BTC out of the exchange also to prepare for the coming bull run.
Sure, everyone has the right to withdraw their own money at any time.
Yep. People who are serious to invest in Bitcoin and know well its potential, prefer to withdraw their BTC from exchanges to their private wallets. They should have no reason to convert BTC to fiats now because it is just a little pump. Most long-term investors must target a new ATH to sell their Bitcoin, right?  Wink

Nah, I'm not selling my Bitcoin anytime soon. Yeah, right now I'm already in profit, but I'm gonna wait until at least $100K, I know it's possible in a few years or so.
Me, too. I also don't sell my Bitcoin yet. But I never target it should be $100k, it is too speculative. No one knows how far Bitcoin to increase in the next bullrun.


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Ndabagi01
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March 31, 2023, 09:23:08 PM
 #22

Taking advantage of making a small profit while holding on to them is also beneficial. It instills confidence in traders, particularly those who are new to the market. Too many losses without profit can sometimes lead to discouragement.

As a bitcoin investor, I understand what the future holds for bitcoin and when to seize opportunities. Selling when I make a small profit is not a sign that I'll fail or that I've failed completely. I'll be able to buy again, which makes me optimistic because I'm ready to seize the opportunity. When you understand bitcoin and its market, you can make a lot of money even before the market goes on a long uptrend.

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TribalBob
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March 31, 2023, 09:25:06 PM
 #23

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
as you said taking profits when the price goes up for me is a dream, because a small pump has given me profit so I take this opportunity

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March 31, 2023, 09:40:00 PM
 #24

I think Bitcoin will pump more and it's just beginning of pumping. So it's not a wise decision to withdraw Bitcoin so quickly. If you want to grab more profits hold it till the next bull run. Again anyone can enter the market now as it's didn't pumped too high.
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March 31, 2023, 09:44:55 PM
 #25

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

I have to withdraw Bitcoin to convert to fiat money because it is the end of the month and needs to settle bills, pocket money, groceries etc.  It is good to accumulate Bitcoin but don't forget that we need to live in order to enjoy our bitcoin investment.  So I think it does not do harm if every now and then we cash out for our expenses.  Of course we can always replenish it if we got fiat funds from our works and other side jobs.

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March 31, 2023, 09:51:32 PM
 #26

I'm sured people who invest on bitcoin early March will likely get increase as of I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming.
I don't care much on those who sell but, I particularly care about the reasons for which you might sell and the amount you sell. Selling all your crypto portfolio is messed up and selling for the sole reason of taking profit or selling wen you've got other means to solve whatever might be bordering you don't always seat well with me.
Still, it's left for the investor to always decide what to do with there coins and its always tempting to want to sell after enduring a long bearish market but, you could always endure the bullish market as well. That's with the believe that the best you would get is ahead of you.

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March 31, 2023, 09:51:59 PM
 #27

Not every investor in bitcoin is an impatient being who hurried to cash out their profits because of the price of bitcoin is dropping. The main goal of many investors in the cryptosphere is to wait for bitcoin's price to increase more than they expected before they withdraw their profits. The majority of investors in crypto is not just concerned with the price changes they are currently seeing (increases and decreases). Someone who tends to withdraw their profits at this time would undoubtedly reinvest when bitcoin's price may have somewhat dropped.

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March 31, 2023, 11:26:45 PM
 #28

I think Bitcoin will pump more and it's just beginning of pumping. So it's not a wise decision to withdraw Bitcoin so quickly. If you want to grab more profits hold it till the next bull run. Again anyone can enter the market now as it's didn't pumped too high.
As you have assurance that the price of Bitcoin will continue pumping I which it happen more than our expectations

everybody have his/her own market target price when to sell and when to buy Bitcoin.i will never stop anybody from selling it Bitcoin sofar it make a profit, because i do see that as business strategy. Yes i agree with you that bull run is coming but I don't think it yet there, and nobody can tell whether the price of Bitcoin will drop again. And as for market entering I always believe you can enter Bitcoin market at anytime sofar it long term Bitcoin investor because it hard to target market entering some time.

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March 31, 2023, 11:46:02 PM
 #29

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
Micro pumps and dumps are just totally an ordinary day here on crypto space on which it is really just that right whether you do sell on securing your profits or would really just that accumulate and you would be doing on selling in one bulk transaction.Each of us does have different target when it come to our holdings on which some people would be going after for long term and there are ones who do go for short term duration.
In my case, i do actively withdraw my coins because i do have some expenses for me to pay and make use on.Most of my crypto income is really that something been cashed out
if ever i do make out profits.

R


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March 31, 2023, 11:49:53 PM
 #30

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

Based from my experience in the cryptocurrency space ever since I joined here since 2017, it is important to have a designated plan on the amount of BTC you are willing to take as profit/loss.

I remember back in 2021, there was a surge on the price of BTC where it reached a peak price of $60,000 on the market. I HODL and earned around $2,000 worth of BTCs and I did not convert it to my local currency due to the hopes of thinking that the price would continue to increase. Fast forward, the price fell off and my investments went down from $2,000 to just $800 on its value.

The lesson here is to create a plan on how much profit/loss you are willing to take. You should determine on how many BTCs you are willing to HODL vs the BTCs you are willing to cashout in the process.

R


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April 01, 2023, 01:36:44 AM
 #31

Bitcoin is best for the long term. There may be some who want to play with the volatility of the price, but it is risky and difficult. After all, you cannot really predict the small-term movements of the price with a high level of accuracy. That's no matter how good you are in analyzing charts and detecting patterns and whatnot. So to sell at $28,600 after buying at $23,400 is too early I guess. Well, that's already a good profit. But what's next? Will you be waiting for the price to go back somewhere at your buying price for the buy back?

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April 01, 2023, 02:13:22 AM
 #32

Bitcoin is best for the long term. There may be some who want to play with the volatility of the price, but it is risky and difficult. After all, you cannot really predict the small-term movements of the price with a high level of accuracy. That's no matter how good you are in analyzing charts and detecting patterns and whatnot. So to sell at $28,600 after buying at $23,400 is too early I guess. Well, that's already a good profit. But what's next? Will you be waiting for the price to go back somewhere at your buying price for the buy back?

it is still too early to just take a small profit. bought $23,400 and sold $28,600, still both in the 20k price area. Even though the last ATH is still long enough to achieve. I am currently focusing more on the DCA strategy, buying in stages with the small amount that I have allocated. Long term suits me better, as trying to trade short term is extremely stressful and my predictions are not accurate. I can't do technical analysis well, there will definitely be some mistakes.
Doing DCA and monitoring prices, better done now. When the price crashes it's time to start buying and adding assets, the last ATH price becomes the closest target.
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April 01, 2023, 02:28:11 AM
Last edit: April 01, 2023, 02:44:35 AM by Bazzu
 #33

the price of bitcoin does go up little by little, and in my opinion this is a good thing because a few months ago the price of btc was very low until it reached 19000, but in my opinion with the price increase now I don't think it's time to sell bitcoin, because it can still be said that it is still cheap for the current btc price, except for those who invest in bitcoin for the short term. but if I personally will sell btc above 60000, that is so I can get a high profit

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April 01, 2023, 03:40:21 AM
 #34

the price of bitcoin does go up little by little, and in my opinion this is a good thing because a few months ago the price of btc was very low until it reached 19000, but in my opinion with the price increase now I don't think it's time to sell bitcoin, because it can still be said that it is still cheap for the current btc price, except for those who invest in bitcoin for the short term. but if I personally will sell btc above 60000, that is so I can get a high profit

If you can hold longer and only sell when bitcoin is above $60k, that's a good thing. But there is nothing wrong with those who decide to sell now as long as they have made a profit and are sticking to their plan. Not everyone has the same investment plan, some like the long term, and some like the short term.
Depending on each person's ability, they have different options, there is no guarantee that short-term investments will not bring returns, and there is no guarantee that long-term holdings will yield better returns in short term.

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April 01, 2023, 04:39:55 AM
 #35

there is nothing wrong with withdrawing cash and taking advantage of the proceeds from the sale of bitcoin, because in my opinion investing in btc is the freedom that btc investors can get, because we will not know the price of btc this year whether it will continue to rise or will fall again, so in this case it depends on the person making the investment whether to take profits or not,
but I personally will do my best to hold the remaining btc in my wallet, hopefully the price of btc will continue to rise.
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April 01, 2023, 05:00:51 AM
 #36

I think Bitcoin will pump more and it's just beginning of pumping. So it's not a wise decision to withdraw Bitcoin so quickly. If you want to grab more profits hold it till the next bull run. Again anyone can enter the market now as it's didn't pumped too high.
I agree with you. Bitcoin price is going up a bit after being dumped for a long time. Bitcoin price is expected to go up again very soon. It would be very foolish to sell all the Bitcoins we have now. So I think.  Now we have to hold the bitcoins. And when the market conditions are good then we have to sell them. If we sell these bitcoins now I don't see anything but big stupidity for us.

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April 01, 2023, 05:27:08 AM
 #37

yes, those who have invested from the beginning of this year can already feel the benefits of investing from bitcoin. if you have a lot of bitcoins then it's fine to sell some bitcoins to reward yourself. however, it would be better if you endured it in the long term. in fact, in just a few months, bitcoin price developments have been very profitable for now. there is still a big possibility that from now on bitcoin will recover in price and close to its ATH, maybe the current target is $30k. However, the halving is very close, it would be great if we don't sell the assets we have now, and hold them until the halving comes.

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April 01, 2023, 06:17:46 AM
 #38

I was not in need of funds that I need to withdraw fromm btc by selling it so no I didn't sell any of my coins but yes if we are in need we can sell them but if we are doing it on profit margin it's well and good.The recent price surge has given some investors chance to withdraw small profits also who have been waiting for so long to cash out from market but for me I am into long term holding and will sell few when I get satisfactory returns or need them urgently.

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April 01, 2023, 07:53:37 AM
 #39

For me selling Bitcoin right now is pointless. I was buying it below $20K recently, but I was also buying it above $30K last year. I wouldn't even sell it for $50K, I know for sure it's gonna go higher.
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April 01, 2023, 08:02:11 AM
 #40

Why should I need to withdraw my coins this week? I'm not a trader or need a money in hurry, I'd rather to hold until the new bull run and sold some of them, then accumulate more Bitcoin during bear market, repeat. The 10-20% increment of Bitcoin price didn't make me satisfy to sold my coins.

I didn't want to recommend to you, but altcoins price is more volatile than Bitcoin, it's can increase or decrease more than 10-20% in a day.

R


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April 01, 2023, 08:38:17 AM
 #41

Nothing wrong with withdrawing cash.
While some may withdraw their fiat money to enjoy, some will withdraw thier BTC out of the exchange also to prepare for the coming bull run.
Sure, everyone has the right to withdraw their own money at any time.
Yep. People who are serious to invest in Bitcoin and know well its potential, prefer to withdraw their BTC from exchanges to their private wallets. They should have no reason to convert BTC to fiats now because it is just a little pump. Most long-term investors must target a new ATH to sell their Bitcoin, right?  Wink

Nah, I'm not selling my Bitcoin anytime soon. Yeah, right now I'm already in profit, but I'm gonna wait until at least $100K, I know it's possible in a few years or so.
Me, too. I also don't sell my Bitcoin yet. But I never target it should be $100k, it is too speculative. No one knows how far Bitcoin to increase in the next bullrun.


as for me i'll try to make it more realistic by aiming $50k, but nah didn't have a plan on selling yet, besides it's not as if I need some urgent cash, so i'll just stock this all up and let this rot on my storage.

there is nothing wrong about taking profit as long as it is profit, even a small profit is still considered profit. though bitcoin is very volatile, an investment requires a lot of patience specially since it's really volatile and anything can change within a minute or so. as for this week by the way, I was hesitating if I should take some of my bitcoins to pay for the upgrade on my computer, but I guess I still need to wait for a little bit since it's not that urgent and the computer is still working fine.
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April 01, 2023, 09:09:44 AM
 #42

Well, I think some people jump into the market with the aim of taking the little profit they can get when the price is up. Some have the vision to sell at $30k because the speculation was so high that Bitcoin would hit $30k before the end of the match, but since some investors that don't want to hold for long did not see the $30k price, they chose to sell and move on, or hold in fiat until the market gives them another opportunity to buy. Possible this month, we may see the $30k price or more, but if the price falls, then it's an opportunity for those you think jumped out of the frying pan to buy again, but if it doesn't fall, some will still have regrets.

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April 01, 2023, 09:21:22 AM
 #43

Investors really have seen how much profit they can make at this time. But the old bitcoin investors will not sell it at this time but are still waiting for the price to touch the next peak so that their profits are at the peak of profits. But some investors have sold their bitcoins and are profiting while hoping to buy them at lower prices again. And I have sold my bitcoins but will use them to meet my family's needs because there are still deficiencies that cannot be fulfilled from my salary so I have to add them with bitcoins.

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April 01, 2023, 09:54:47 AM
 #44

I think it is important to take profits if you see such an opportunity. But I'm still not selling my bitcoin, I'm going to keep it for a couple more years.
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April 01, 2023, 11:06:47 AM
 #45

~
Keep the record that it will pump no matter the delay.
Sometimes, selling your Bitcoin holdings is a good thing especially if you just want to reward yourself.

For sure, those who have long positions this month might end up having a huge profit because of the pumps that happened with Bitcoin. Now as for me, I didn't sell any of my Bitcoins (aside from the ones that I'm using to pay some bills), because I don't need to, and below $30,000 isn't my target selling price. I will only start selling my Bitcoins that I'm holding for a long time when the price of Bitcoin reaches it's past ATH of $69,000. Will do Dollar-Cost Averaging on selling on that point. I don't want to do the same mistake that I did last 2021 where I just watched the market go up, and up, and up, and didn't sell any of my holdings.

As for the impatient investors out there, as long as they got profit then there's noting wrong with it. The problem is they are impatient enough to sell their Bitcoins at a loss. Well, I just hope that all of us have strategies on when to enter, and at the same time, when to exit when needed. Smiley

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April 01, 2023, 11:25:35 AM
 #46

In the investment market, profit taking is a very important part of an investment strategy. My view is that profit taking is necessary, and should be done intelligently and with a plan.

First, I believe that profit taking should be based on technical and fundamental indicators. While investing, I always monitor the technical and fundamental indicators of the assets I am investing in to evaluate and make decisions. When I notice that the asset's price has reached a high and there is no potential for further upside, I plan to take profits.

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April 01, 2023, 11:37:43 AM
 #47

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
Everyone's invest plan wouldn't be same as this is based on how or what they intend to do with their money when and how long. What am saying is, some investors are there the plan of withdrawing every little but significant profits that accrue from their investment in every rise in bitcoin price, waiting to see another rise in profit to withdraw again and keeps going for them as long as the bull keep taking place in intervals but some others it's ain't like that, they want to keep the profit on the investment keep pilling up possibly to an ATH they have in mind no matter how many years it takes.

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April 01, 2023, 11:52:58 AM
 #48

I have already put some amount of BTC in my wallet to watch the price of Bitcoin increase at a certain rate every month.  Although I am having some financial problems but if I can struggle for some time then maybe I can make good profit.  Because since the beginning of 2023, we have seen the price of Bitcoin increase at a certain rate from the beginning of each month to the end of the month. As eBitcoin price has increased every month, I am hopeful this April that the price of Bitcoin will pump more than other months and I will earn a good profit from the amount of Bitcoins I have left in my wallet.
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April 01, 2023, 11:55:01 AM
 #49

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
Looks like the OP is only saying this for the short term, and I think there's nothing to think about if it's already profitable. Everyone will have their own strategies as I'm not sure if you'll only see BTC reach its current value compared to early March, or have you set your sights higher than that since the start of your purchase. or not. Personally, I am not a beginner to buy bitcoin, as I have bought at various value levels the profits have come to me but I do not have a plan to get the profits I still want. accumulate more BTC, perhaps 2024 2025 will have many big changes, so please observe.
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April 01, 2023, 12:03:48 PM
 #50

Sometimes, selling your Bitcoin holdings is a good thing especially if you just want to reward yourself.

For sure, those who have long positions this month might end up having a huge profit because of the pumps that happened with Bitcoin. Now as for me, I didn't sell any of my Bitcoins (aside from the ones that I'm using to pay some bills), because I don't need to, and below $30,000 isn't my target selling price. I will only start selling my Bitcoins that I'm holding for a long time when the price of Bitcoin reaches it's past ATH of $69,000. Will do Dollar-Cost Averaging on selling on that point. I don't want to do the same mistake that I did last 2021 where I just watched the market go up, and up, and up, and didn't sell any of my holdings.

As for the impatient investors out there, as long as they got profit then there's noting wrong with it. The problem is they are impatient enough to sell their Bitcoins at a loss. Well, I just hope that all of us have strategies on when to enter, and at the same time, when to exit when needed. Smiley
It is very impressive that you will hold Bitcoin for a long time until it surpasses the ATH. I think it takes a lot of time, not just days, weeks but months before it happens. For me, it's better to sell Btc than to wait for a long time especially if you can have a big profit from it. I also know in my self that there is always retracement and it is better to wait for it before to enter. I experience that in 2021, I have seen that there should have been a big gain but it turned into losses because it was not withdrawn or closed the position. So now I have learned a lot, I don't need to wait long to take profit. However, it's good to feel that ''one time big time'' but you have to be clever with your funds since it's real money and the results can really affect the emotions. The small income, as long as it is consistent, will be big if you add it all. Small progress is still a progress.

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April 01, 2023, 12:12:03 PM
 #51

I think it is important to take profits if you see such an opportunity. But I'm still not selling my bitcoin, I'm going to keep it for a couple more years.

Taking profits is never wrong. But if you're investing with lazy money and don't need to use them in the near future, you're better off holding. Bitcoin is suitable for long-term holding, and in the long run, bitcoin returns can be many times its current value. Although the market recovered from the bottom, I made a sizable profit but I still want to be greedy and will hold for longer.
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April 01, 2023, 05:29:23 PM
 #52

Honetly after selling btc from my Ownr wallet considering re entering, feels like it was greedy sell
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April 01, 2023, 11:33:52 PM
 #53

I think it is important to take profits if you see such an opportunity. But I'm still not selling my bitcoin, I'm going to keep it for a couple more years.

Taking profits is never wrong. But if you're investing with lazy money and don't need to use them in the near future, you're better off holding. Bitcoin is suitable for long-term holding, and in the long run, bitcoin returns can be many times its current value. Although the market recovered from the bottom, I made a sizable profit but I still want to be greedy and will hold for longer.
of course everyone wants to get the highest possible profit and that is a natural thing as those who have invested a lot of funds for bitcoin. but of course even though bitcoin is a long term investment, at least after approaching the last ATH, it is better to let go and wait for it to drop again. then buy it back, and do the same to save it for as long as the next halving period.
because the halving cycle will occur every 4 years which is indeed the time to look for profits before continuing to save for a long time again.

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April 01, 2023, 11:49:29 PM
 #54

That's why is not always advisable to jump out of the market in a haste rather to settle for one, is either you hold for long term and then enjoyed all the benefits that may comes out of it.
Although if they decides to jump out is of their own choice maybe they felt comfortable with the little take profits (TP) than for them to entirely lost what they have already made from the changes for the past 20 to 30 days of the market increments.
I only withdraw bitcoin whenever i am in need of fiat to sort out some basic needs hence i hardly altered my bitcoin.

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April 02, 2023, 01:28:51 AM
 #55

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
Traders do just that, trading cryptocurrencies in short and medium positions. However, as far as I know, bounty hunters are more long-term holders of top cryptocurrencies. Of course, some bounty hunters are also traders and this only helps to achieve success. In my opinion, a significant proportion of bounty hunters are looking for significant periods of price rise and fall, given the four-year cycles of Bitcoin halving. This gives a good stable profit, but on average once every four years. Therefore, you can not chase small profits, but wait until 2024-2025, when bitcoin can reach a price of one hundred thousand dollars.

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April 02, 2023, 03:19:27 AM
 #56

If you ask me, have I withdrawn bitcoin this week? I'll answer that I've withdrawn a few bitcoins for me to sell to buy some stuff I need.
But I don't sell large quantities and keep it in my wallet.
I still hope that the price of bitcoin will get a pump sooner or later and can increase the price.
Now the price is higher than last few weeks, which shows a good move from the bitcoin price.
So we should be patient now while accumulating more and more bitcoins.

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April 02, 2023, 06:52:09 AM
 #57

If you ask me, have I withdrawn bitcoin this week? I'll answer that I've withdrawn a few bitcoins for me to sell to buy some stuff I need.
But I don't sell large quantities and keep it in my wallet.
I still hope that the price of bitcoin will get a pump sooner or later and can increase the price.
Now the price is higher than last few weeks, which shows a good move from the bitcoin price.
So we should be patient now while accumulating more and more bitcoins.
Bull season is not yet here, I don't follow the trends because there's entrapped bulls that will capture losses to accounts. The price keeps fluctuating but it will not make the longer dip anymore, at least it will do price correction in the downtrend chart. During the bull season, I sold half of my bitcoin because I was really in need to buy some foodstuffs for the house and pay my bills. Currently, I'm not triggering sell order because I strongly believe that Bitcoin will pump and I'm ready to make my profits from the pump. I'm accumulating more bitcoins inother to make significant profits in the future.

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April 02, 2023, 10:20:10 AM
 #58

It is of little interest to know what buying and selling strategy and targets others have.
Looking at the price and data on CoinMarketCap might answer your question, on a global scale, the price of bitcoin follows supply and demand. Afterwards, if you were asking the question for a study or to get an idea of the state of mind of the forum members, that's different, but the figures on CMC are enough to understand in retrospect the state of the market over a given period.

Everyone has a different strategy, my targets are not yours, nor my neighbor's etc.. Each situation is different, some like me prefer to hold until the next halving / bull run (if any,), or even until the death haha, others manage or try to predict the market and trade on a daily basis.

I think in any case, except for long term holders, many people take profits when they can. I am hopeful that the peak for 2023 was not in March and that there are better months ahead this year.

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April 02, 2023, 11:09:09 AM
 #59

It's not really wrong if you want to take profits there because that can also be done and it is an investment that we are making and it is personal money so if you really want to get out then just do it because it also doesn't violate especially there will definitely be profits in this short term.

But indeed, if we really realize that there will be more interesting things in the next few years, holding back is the right thing instead of just expecting a small profit.

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April 02, 2023, 11:25:00 AM
 #60

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
In bitcoin the predictions don't normally always be accurate, so I believe that many people who invest in bitcoin have their personal strategies to make profit in bitcoin, considering the plans of making profits in bitcoin investment, either you go into long term investment or you go into short term investment, per say, its only people that purchased with huge amount of money during the time the price is at twenty three thousand (23k) will make a little profit for the Investment because the fraction is not much, while people who invested with a low amount will not make huge profit now the price is at twenty eight thousand (28k) base on your figures for the analysis

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April 02, 2023, 11:52:07 AM
 #61

23000$ to 28000$ is not much of a difference for a long term investor who plan to DCA every now and then, it doesn't matter what the price of Bitcoin is at the moment because you can't tell how long Bitcoin will stay at a price and when it will surge in value, this is why it's better to use DCA, buy in every month end or whatever is convenient for you, a salary earner will find it easier ti DCA every month end vs someone that makes his money every day or week.

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April 02, 2023, 02:14:16 PM
 #62

23000$ to 28000$ is not much of a difference for a long term investor who plan to DCA every now and then, it doesn't matter what the price of Bitcoin is at the moment because you can't tell how long Bitcoin will stay at a price and when it will surge in value, this is why it's better to use DCA, buy in every month end or whatever is convenient for you, a salary earner will find it easier ti DCA every month end vs someone that makes his money every day or week.

Only short term investors will see from $23k to $28k as a big movement.  Some people are on a long investment and may likely not withdraw until it is 2024 when the major bull run n is expected to happen.
Also some people who are on a long term investment who understands when the market will rise and fall will also sell their bitcoin at some point and rebuy when low in order to be on continuous profit.

As you are giving example of people who loves DCA, you said monthly salary earners will find it easy than weekly earners and daily earners but you forgot that signature earners do so on a weekly basis.

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April 02, 2023, 02:33:07 PM
 #63

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

There is no reason at all for me to withdraw bitcoins at moment. It's nice to see the bitcoin price to finally recover, but I don't think the recovery is going to stop here. Prices will keep rising over the next few months and the people who sold now will feel bad. Don't forget that inflation is still in the 8-10% range and we need to have a plan ready what to do with our profits if we sell now. Buying unnecessary things at the moment is a bad idea, I would only sell my coins if it's an emergency. In case you have a promising investment opportunity coming up than it would make sense to withdraw some coins, otherwise I would just keep them.
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April 02, 2023, 03:32:25 PM
 #64

Somehow, we are having quite of a good month and that is I guess an enough reason for people to have high hopes for this new month. Many people would continue holding especially those who are in the profit phase already. As the market price continues to go up, the more people would continue holding or even adding up to their capital because it would mean bigger profit for them. Problem that may arise are people forgetting how the market price behaves, which is in an unpredictable manner. The market prices could fall in an instant and without a warning simply because there are no reason supporting its resistance to be as high as it is at the present. Once whales chooses to take profit already, which has a tendency becaude the anticipated bullrun is for next year, many people who invested halfway of the incline, could be in huge loss. So atleast manage the risk of the amount you are engaging to this blockchain.

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April 02, 2023, 04:03:12 PM
 #65

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.
Due to financial problems I have to withdraw my bitcoins every week as I receive signature campaign payments every week.  I try to hold them and when I don't need the money I hold.  I lost my money gambling last week. So it becomes very difficult for me to hold bitcoins every time. But I am very happy to stay with Bitcoin.  I am very scared about my future  of not being able to accumulate bitcoins in this dip market. It's just my failure


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April 03, 2023, 01:25:07 PM
 #66

We can see the green line of Bitcoin and in few days we will see some good changes in Bitcoin.This is definitely a good thing for Bitcoin.  So it would be foolish to withdraw Bitcoin this week.You should definitely hold Bitcoin at this time to make good profit.  Although the price of Bitcoin is unpredictable, everyone expects Bitcoin to pump up very soon and the price will remain until the price reaches the benchmark. So it is better not to sell the Bitcoin investment.If you have financial problem then find other way without bitcoin withdrawal.

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April 03, 2023, 03:10:18 PM
 #67


Also some people who are on a long term investment who understands when the market will rise and fall will also sell their bitcoin at some point and rebuy when low in order to be on continuous profit.


As a long-term investor, I don't think it's necessary to sell when the price goes up and wait for the price to come down to buy, if they do, they are investors looking for short-term profits. That is quite risky for long term investors because bitcoin is unpredictable, if when you sell and then bitcoin doesn't drop as you expected, you will miss your chance.

I am also a long term investor, and I am dca from 2022 till now, if sell now, I will be profitable, but there is no guarantee for me bitcoin will fall back so I can buy a better price. Holding is still my choice.

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April 03, 2023, 03:57:23 PM
 #68

Just Hodl,

I once heard that the market is super efficient when it comes to taking money from anxious and giving it to the patient ones.

If you cant hold an upgain of 70% without selling  (which is not bad, we know), you don't deserve a 10x.
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April 03, 2023, 04:41:16 PM
 #69

At the beginning of March the price of Bitcoin on the market was still in the range of $ 23k, and a few days later entering mid-March we started to get a slight increase in the price, although it did not increase significantly and sometimes every upward movement we were followed by a correction, but what is good is at least us recovered around a few percent to $5k jack, and topped off at around $28k in late March, although this was only a minor bull which some would say is a good sign for another month of gains and potentially a bull run.

And for those who invest in early March, of course they will already benefit even though this is only a short-term investment. This is a Little Bull that occurred in the market during the past March and possibly caused a potential price increase, maybe here we including I expect Bitcoin to provide an uptrend chart movement this April and continue in the future, despite a slight correction and I think this is natural.
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April 07, 2023, 04:35:13 PM
 #70

Withdrawal of bitcoin from my wallet is what I do not do often only when it comes to urgent need that requires expedite attention. I make withdrawal irrespective of what the market is because it was part of the reasons why we save or invest. I actually bought my bitcoin when market was down and also I work too to earn bitcoin and as a matter of fact, I have not actually make any withdrawal from my wallet for a long time now. My current bitcoin holding is up and I would keep holding but would only withdraw when it comes to emergency rescue.

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April 07, 2023, 05:46:33 PM
 #71

Withdrawal of bitcoin from my wallet is what I do not do often only when it comes to urgent need that requires expedite attention. I make withdrawal irrespective of what the market is because it was part of the reasons why we save or invest. I actually bought my bitcoin when market was down and also I work too to earn bitcoin and as a matter of fact, I have not actually make any withdrawal from my wallet for a long time now. My current bitcoin holding is up and I would keep holding but would only withdraw when it comes to emergency rescue.
It is important to have a main source of income and then we will not have to spend our savings in bitcoin. The mistake of many beginners or those who have just started investing at the first small increase is to immediately sell their entire asset and withdraw funds.I,like you, can only withdraw funds in a very special or emergency situation and even after that I always try to recover what I spent.

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April 07, 2023, 05:57:53 PM
 #72

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $26,800. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

Are you arguing that people who sold their bitcoin for a tiny profit were impatient? We all buy in bitcoin to earn a profit, and because we all know that bitcoin can dump or pump at any time, selling a bitcoin when we notice a modest profit is not a big concern in my opinion. As a result, I don't see anything wrong with you selling bitcoin for a tiny profit mate.
I totally agree with you, so many people see selling of your bitcoin as a very serious offence here but they have all forgotten that you are actually the owner of the coins and you can do what ever pleases you. I could also remember that in the bitcoin market they are two fields of investor which are the short term investors and the long term investors,  short term holders are people who sell their coins at any slight profits they get in price change and then wait patiently again to buy when the price dips again.

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April 07, 2023, 06:19:47 PM
 #73

Are you talking about selling Bitcoin? Yes, I sold at the recent top of $28.5K and am waiting for a dip to accumulate again. That's how I manage my portfolio, although it's risky to miss the bull trend. I have to make a profit somehow from my holdings and not hold onto them forever. You could say it's a form of trading, but not short-term trading. However, everyone's thoughts and approaches to making money are different, so the way I do it may not be the same as others.

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April 07, 2023, 06:23:23 PM
 #74

Withdrawal of bitcoin from my wallet is what I do not do often only when it comes to urgent need that requires expedite attention. I make withdrawal irrespective of what the market is because it was part of the reasons why we save or invest. I actually bought my bitcoin when market was down and also I work too to earn bitcoin and as a matter of fact, I have not actually make any withdrawal from my wallet for a long time now. My current bitcoin holding is up and I would keep holding but would only withdraw when it comes to emergency rescue.
The title is just clickbait, but if you read everything he wrote I don't think he asked if you withdrew your bitcoin.
The OP seems to caution that there is bigger pump ahead that you should consider before you sell bitcoin. You can sell during small bull and enjoy profits, but an increase during this time he thinks will trigger the next big bull. Yes, it is possible but it has to be according to individual plan.

I'm not considering selling anything right now, I'm just trying to convince myself that bitcoin will be more profitable in the coming years and that made me go for a hold. The risk of volatility should be ignired if we are planning long-term hold, of course and hopefully we can enjoy the benefits for years to come. The 2 year time frame looks good on this plan but if in one year $100k is reached I will most likely change the plan.

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April 13, 2023, 09:48:44 AM
 #75

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
I like the last statement which says, "also if you withdraw, it's your money, enjoy".

No doubt, at this point, it doesn't matter who sold his or her bitcoin, and it also doesn't matter the amount of bitcoin that is sold, bitcoin will pump really hard come 2024, the signs are already here and we can see it, some of us can feel it too..

It doesn't matter when you bought, or at what price you bought, I personally feel this is not a good time to sell, bitcoin will continue to rise, with minor drawbacks from time to time, now is the best time to buy or hold tight unto what you already have, but then, if circumstances of life push you to sell, it is not a crime, just do what makes you, and everyone around you happy.

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April 13, 2023, 10:06:58 AM
 #76

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
And after you post this, the price is really taking off, as the price goes above $30k, and yeah, maybe there are investors who sold or not. But for those who are looking for long term profit, I doubt that they might even thinking of selling their bitcoin at $30k. If there is a price that I can think of selling some of my stash, if will be in the next bull run and probably in the 6 digits.

Although the price could be expensive for the majority of us, we can still buy some with our capital.

Just accumulate as much BTC as we can. It's like just a year before the next block halving. So take advantage of the current price.

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April 13, 2023, 10:15:16 AM
 #77

I did not withdraw the bitcoins but sent a small chunk of around 23 USD to a casino and made 84 USD there. However, my bitcoin which was received initially was around 14 bucks and most recently took an opportunity to withdraw it to the gambling site and play my favorite games. As per my goal, I was able to turn my 14 bucks all the way up to 84 bucks. Now I have got 70 bucks more in bitcoin as compared to what I had during the pump.

I see this as win-win situation for me. It does not matter if someone is selling or exchanging their bitcoin for another service during the pump. All it matters is, you are using your bitcoin rightfully and keeping the ecosystem functioning.

Just holding bitcoin is not a target here. You can decide what portion to hold and how much to utilise for various things.
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April 13, 2023, 10:41:06 AM
 #78

If the person needed it, then why not, but if you just sell it off, then i think it is not a good profit, mostly if you just own small bitcoins; unless you own multiple bitcoins, it is already huge. Also, if you keep holding until now, you will see that the price has reached $30k and it is still strong, so I am hoping for more. There is nothing wrong if you are selling it as you are contented but if you are really looking for bigger profit then hold it more
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April 13, 2023, 10:48:08 AM
Merited by borovichok (5), Mr.right85 (5)
 #79

Withdrawal of bitcoin from my wallet is what I do not do often only when it comes to urgent need that requires expedite attention. I make withdrawal irrespective of what the market is because it was part of the reasons why we save or invest. I actually bought my bitcoin when market was down and also I work too to earn bitcoin and as a matter of fact, I have not actually make any withdrawal from my wallet for a long time now. My current bitcoin holding is up and I would keep holding but would only withdraw when it comes to emergency rescue.

I'll recommend having a separate wallet for your investment and spending. If you keep spending and holding in one wallet, you might be tempted to spend the Bitcoin that were meant for investment that's held in that wallet.

Emergency come up and in trying to solve that you might start looking to spend your investment and immediately that happens it get hard to stop. Whenever any minor emergency comes up you'll get tempted again to touch your investment.

It's very hard to break out of this bad habit so to prevent it from happening, I'll advise you don't keep the two together that's your investment and spending Bitcoin. I use to have this problem as well but after separating my Bitcoin it stop.

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April 13, 2023, 11:02:45 AM
 #80

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
You think because bitcoin went to &$28,600 then the price is already high and investors will sell so that they will enter again when the price is low, but can you see bitcoin price today? Bitcoin price is around $30k. Investors will never sell because bitcoin went to $28k, investors have hope and believe in bitcoin and bitcoin hitting $28k ending of last month will definitely give investors more confidence to hold. I think it's only beginner's that will sell and wait for bitcoin to dump so that they can enter again.

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summonerrk
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April 13, 2023, 12:53:07 PM
 #81

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

Bitcoin makes the best profit on long terms. This is not a financially speculative tool that is effectively used in small time intervals.
For example, a week, a month, and even three months. It is best to determine the levels of support and resistance by technical analysis, and then build your own strategy for selling and buying bitcoin. But it should not be within a week or a month, as I have already written.

I don't like to sell my bitcoins for any reason. I always want to keep them.
The fact is that somewhere deep down I am sure that bitcoin will cost 100k, and exchanging it for fiat will cause a huge profit in the future.

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April 13, 2023, 01:51:07 PM
 #82

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
When the price of Bitcoin was $18k I bought some Bitcoin with the plan to hold it for a long time which has been stable in my wallet until now. Currently the market value of Bitcoin is above $30K. That is, I bought at the time of $18K now the price has increased and hit up to $30K, and I have made some profit on this price increase. But I don't want to sell my coins right now even though I have profit. Because I want to hold this investment for a long time. And I don't want to sell these investments even for my own needs. When faced with a financial crisis, I take comfort in the fact that I have lost the amount of money I invested. Because I tried many times to invest long time but could not do it due to family problem. But this time I hope I can fulfill the hope of my heart.

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Agbe
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April 13, 2023, 02:23:38 PM
 #83

Well the price of bitcoin is like a waving sea that is going up and down. And that make it unpredictable. At the time when bitcoin was going up people were happy and when it comes down people begin to be afraid so with that fear they sold off their coins. And anyone that is ready to invest for a long time should not be afraid of the small hike of price. But have more confident on the hike to buy more and hodle.
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April 13, 2023, 02:47:32 PM
 #84

Well the price of bitcoin is like a waving sea that is going up and down. And that make it unpredictable. At the time when bitcoin was going up people were happy and when it comes down people begin to be afraid so with that fear they sold off their coins. And anyone that is ready to invest for a long time should not be afraid of the small hike of price. But have more confident on the hike to buy more and hodle.
Long term is always a much more correct move for ditcoin investment and although in short term one can also take advantage of opportunities to make small profits. The long term is too little risk for us to think about because there is an upside rate we can wait for the recovery process. Basically both investment patterns can be utilized in different conditions and panic need not be thought further when one understands the concept of investing in bitcoin.

The short term requires the right strategy and accumulation to make predictions, so that accumulation can be done carefully when making purchases, so that panic will not lead someone to try to decide losses in the wrong period.

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Awaklara
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April 13, 2023, 03:52:16 PM
 #85

When the price of Bitcoin was $18k I bought some Bitcoin with the plan to hold it for a long time which has been stable in my wallet until now. Currently the market value of Bitcoin is above $30K. That is, I bought at the time of $18K now the price has increased and hit up to $30K, and I have made some profit on this price increase. But I don't want to sell my coins right now even though I have profit. Because I want to hold this investment for a long time. And I don't want to sell these investments even for my own needs. When faced with a financial crisis, I take comfort in the fact that I have lost the amount of money I invested. Because I tried many times to invest long time but could not do it due to family problem. But this time I hope I can fulfill the hope of my heart.
I wish you success with the investment plan you want. this is quite difficult for someone who is just trying to hold their Bitcoin for the first time or several times. if you can't stand it for a long time, it's better to try it gradually. with a specific target price or time that you can use as a reference.
once you start to feel more confident, holding out for the long term won't matter to you. because the real temptation is a matter of market conditions. that will force us to make the choice to hold or sell our assets.

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April 13, 2023, 04:10:48 PM
 #86

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

Price of bitcoin has increased but there is still lot of scope for growth. One should be very much patient with the investment if anyone wants to make decent money . The people who invested in bitcoin in early stages also sold in first few years for 2x to 4x. And there are few people who made more than 1000x if they held for 10 years or more. This is the power of believing in the crypto coin you trust on. Based on current econ0mic condition in the world , the demand for bitcoin is expected to grow even more and thus prices will increase a lot in future.
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April 13, 2023, 04:54:18 PM
 #87

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

This is subjective, any person can buy Bitcoin and sell for any reason and you can't question their judgment as to why they sell for March Bitcoin Pump. Traders enter the market with different objectives, among them we have day traders, we have the monthly traders and we have the weekly ones too. So, when you see people buying and selling, you should be cool with their decisions because profits are why we are here in the first place, the reason why Bitcoin was created, because no matter what, not everyone will hold Bitcoin for the long term.

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April 13, 2023, 05:08:26 PM
 #88

If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.
I don't think it will pump that easily, It has certain support and resistance zones to hit first this week, like if it breaks the resistance of $30.5k (which it just hit) once BTC hit it again, and break another resistance of $31k then maybe it can go easily towards $33k. But that's not for sure because the economic situation of the USA is not that stable due to the election, infinite supply of cash in the national reserve (that's a statement which is an indicator for us, by some person in authority), and due to BRICS gathering to make another currency has also put a great impact on US dollar.

So overall, we can not predict one thing for sure, how much BTC will gain in a few weeks but as you mentioned "Keep the record that it will pump no matter the delay." There is not doubt about it, because, in the long run, we all know BTC has the potential to break its All time high of around $69k which also depends on many factors and all that factors are almost giving the green signal to a bullish trend (overall, we should Do our own research in these kinds of theories.)

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April 13, 2023, 05:21:00 PM
 #89

This is subjective, any person can buy Bitcoin and sell for any reason and you can't question their judgment as to why they sell for March Bitcoin Pump. Traders enter the market with different objectives, among them we have day traders, we have the monthly traders and we have the weekly ones too. So, when you see people buying and selling, you should be cool with their decisions because profits are why we are here in the first place, the reason why Bitcoin was created, because no matter what, not everyone will hold Bitcoin for the long term.
That’s how trading works, when people sell, others buy that way we can buy at low or higher price. It will depend on us at what price we wanted it to buy and sell,we just need to wait. I didn’t withdraw in my bitcoin and only plans to save it and tries to accumulate more hoping someday new ATH will be reach. And knowing BTC will still be available in the upcoming years there’s no need to rush in selling or buying a lot. Though I lessen my budget in buying BTC this year and allotted some in physical investment to diversify.

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April 13, 2023, 05:26:34 PM
 #90

~
Well I sold mine for just a little amounts and withdrew it to my local currency for obvious reasons. I don't really do this a lot, but there will be times that I might need money for personal reasons and I don't think that holding the pride of being true hodler is worth over encountering worse situations in my own personal life.

I would buy back anyway on what I sold whenever the price just went a little below on the price I sold into.
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April 13, 2023, 06:40:46 PM
 #91

Well the price of bitcoin is like a waving sea that is going up and down. And that make it unpredictable. At the time when bitcoin was going up people were happy and when it comes down people begin to be afraid so with that fear they sold off their coins. And anyone that is ready to invest for a long time should not be afraid of the small hike of price. But have more confident on the hike to buy more and hodle.
Long term is always a much more correct move for ditcoin investment and although in short term one can also take advantage of opportunities to make small profits. The long term is too little risk for us to think about because there is an upside rate we can wait for the recovery process. Basically both investment patterns can be utilized in different conditions and panic need not be thought further when one understands the concept of investing in bitcoin.

The short term requires the right strategy and accumulation to make predictions, so that accumulation can be done carefully when making purchases, so that panic will not lead someone to try to decide losses in the wrong period.
There isn't a right or wrong move when it comes to investments. Long-term holding isn't for everyone; not everyone can rely on waiting long periods of time to generate profit. Some prefer to take action and actively trade despite the market situation. A few posts above, another user mentioned that he had bought at $18,000 and considered selling at $30,000, which was reached in the last few days. Honestly, that'd be a great profit in a quite short time period; thus, depending on the occasion, I wouldn't mind selling.

I'm all in for holding bitcoin; it provides me with peace of mind that trading cannot, but sometimes I'm getting tired and bored of waiting, to be honest.

R


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April 13, 2023, 07:43:53 PM
 #92

Bitcoin investments is long-term investment, If you want to enjoy bitcoin, you have to endure and hold it for a long period of time and not for a short-term. If you are a bitcoin investor and you not holding the bitcoins for long term and you are holding it just for short period then you are not yet fully ready for the investment. And the best time
of buying bitcoin is the time when the bear is still down so that when the price rises up to your satisfaction then you market it out and make your profit from it. If to you want to invest now is still good to invest, Bitcoin will still rise more than$31k-$35, if you bought bitcoin at $20k wow if you want to sell now you will make a huge profit.You can buy and hold, buy in lesser and hold it for long-term, it is better to hold until bull runs season.

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April 13, 2023, 07:57:26 PM
 #93

I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.
There might be regrets to have withdrawn some of your bitcoins today in contrast to when the current or next ATH comes but, that doesn't mean, you wouldn't regret haven't withdrawn in even the next ATH in years to come when the value sky rockets.

Remind yourself, bitcoin isn't all about holding as an asset. It is in itself firstly a currency and so, having to spend a couple of them coins every now and then isn't a bad idea. Your still I'm fact using the currency more ideally so long as you don't get to liquidate all your holdings, you withdraw only when you must and do buy occasionally to top up your holdings when you've got funds for it.

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April 14, 2023, 01:02:22 PM
 #94

There isn't a right or wrong move when it comes to investments. Long-term holding isn't for everyone; not everyone can rely on waiting long periods of time to generate profit. Some prefer to take action and actively trade despite the market situation. A few posts above, another user mentioned that he had bought at $18,000 and considered selling at $30,000, which was reached in the last few days. Honestly, that'd be a great profit in a quite short time period; thus, depending on the occasion, I wouldn't mind selling.

I'm all in for holding bitcoin; it provides me with peace of mind that trading cannot, but sometimes I'm getting tired and bored of waiting, to be honest.
If the uses the $18,000 to make the purchase then he's also making a profit for now. But the problem is whether he buys in large or small quantities because if he tries to make small purchases, the profit he gets is still low and in accordance with the capital spent. Deciding to actively trade is also great, as long as you are able to analyze the market carefully, but it can be quite risky for someone who doesn't understand the market and the easiest way is the long term.

That's why I prefer to make purchases using the DCA pattern and hold bitcoins in the long term, because different people have different opportunities and capital also affects the course of investment. Basically it's not a problem to sell bitcoins in the current conditions, but it must be carefully considered so that you can profit with the capital calculation.

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April 14, 2023, 01:11:07 PM
 #95

Bitcoin investments is long-term investment, If you want to enjoy bitcoin, you have to endure and hold it for a long period of time and not for a short-term. If you are a bitcoin investor and you not holding the bitcoins for long term and you are holding it just for short period then you are not yet fully ready for the investment. And the best time
of buying bitcoin is the time when the bear is still down so that when the price rises up to your satisfaction then you market it out and make your profit from it. If to you want to invest now is still good to invest, Bitcoin will still rise more than$31k-$35, if you bought bitcoin at $20k wow if you want to sell now you will make a huge profit.You can buy and hold, buy in lesser and hold it for long-term, it is better to hold until bull runs season.


Exactly.
For me, I always find the wrong timing anyways, so I should just keep it and wait. When there is a crash then so be it but at the current market it looks promising that the hodl mentality should pay out in the long run.

Of course you never know what's happening, maybe the next covid is around the corner already. Exactly 3 years ago when the covid crash came the price went to around 4k and everybody thought that's it. And look where we are standing now (even tough we were much higher since then as well).

Anyway, only time will tell and nobody is really withdrawing now when the the price went from 23k to 30k, that's not really too big of a jump.

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April 14, 2023, 01:30:17 PM
 #96

There isn't a right or wrong move when it comes to investments. Long-term holding isn't for everyone; not everyone can rely on waiting long periods of time to generate profit. Some prefer to take action and actively trade despite the market situation. A few posts above, another user mentioned that he had bought at $18,000 and considered selling at $30,000, which was reached in the last few days. Honestly, that'd be a great profit in a quite short time period; thus, depending on the occasion, I wouldn't mind selling.

I'm all in for holding bitcoin; it provides me with peace of mind that trading cannot, but sometimes I'm getting tired and bored of waiting, to be honest.
If the uses the $18,000 to make the purchase then he's also making a profit for now. But the problem is whether he buys in large or small quantities because if he tries to make small purchases, the profit he gets is still low and in accordance with the capital spent. Deciding to actively trade is also great, as long as you are able to analyze the market carefully, but it can be quite risky for someone who doesn't understand the market and the easiest way is the long term.

That's why I prefer to make purchases using the DCA pattern and hold bitcoins in the long term, because different people have different opportunities and capital also affects the course of investment. Basically it's not a problem to sell bitcoins in the current conditions, but it must be carefully considered so that you can profit with the capital calculation.
It certainly depends on the amount he or she spent. Supposing that the said user bought a whole Bitcoin, that's $12,000 in profit that can be used as revenue or reinvested at a later date, when prices may be lower than today's. If it's a smaller amount, such as $500, then yes, I agree with you that selling wouldn't account for much profit; thus, it'd be best to use DCA to acquire a larger amount as an investment for the distant future.
Bitcoin investments is long-term investment, If you want to enjoy bitcoin, you have to endure and hold it for a long period of time and not for a short-term. If you are a bitcoin investor and you not holding the bitcoins for long term and you are holding it just for short period then you are not yet fully ready for the investment. And the best time
of buying bitcoin is the time when the bear is still down so that when the price rises up to your satisfaction then you market it out and make your profit from it. If to you want to invest now is still good to invest, Bitcoin will still rise more than$31k-$35, if you bought bitcoin at $20k wow if you want to sell now you will make a huge profit.You can buy and hold, buy in lesser and hold it for long-term, it is better to hold until bull runs season.
Uh, not necessarily. I used to make 6%–10% on average trading Bitcoin on a weekly basis a few years ago. I didn't use a large amount of Bitcoin; thus, my earnings weren't of huge importance, but most of the time, I had earned a decent side income by the end of the month.

R


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April 14, 2023, 01:41:37 PM
 #97

Bitcoin investments is long-term investment, If you want to enjoy bitcoin, you have to endure and hold it for a long period of time and not for a short-term. If you are a bitcoin investor and you not holding the bitcoins for long term and you are holding it just for short period then you are not yet fully ready for the investment. And the best time
of buying bitcoin is the time when the bear is still down so that when the price rises up to your satisfaction then you market it out and make your profit from it. If to you want to invest now is still good to invest, Bitcoin will still rise more than$31k-$35, if you bought bitcoin at $20k wow if you want to sell now you will make a huge profit.You can buy and hold, buy in lesser and hold it for long-term, it is better to hold until bull runs season.
Uh, not necessarily. I used to make 6%–10% on average trading Bitcoin on a weekly basis a few years ago. I didn't use a large amount of Bitcoin; thus, my earnings weren't of huge importance, but most of the time, I had earned a decent side income by the end of the month.


6%-10% is a great income for trading, you also need a large enough capital to be able to earn that amount and in a week.
I don't know how you manage it, but it requires perfect trading knowledge.
It is not easy to continue to earn profits every week, you don't say how much you lose on average when trading. it is also important to determine whether you really get a net profit or not.
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April 14, 2023, 02:17:17 PM
 #98

am i the only one who noticed that there are several network congestions this week? i don't know much but i have experience delay in transactions this week. to answer the question too, yes i did but now i'm already hesitating due to the fact that it is quite common occurence lately to experience congestion so i think in the future i'll not withdraw not unless it is needed urgently.
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April 14, 2023, 03:39:05 PM
 #99

Bitcoin investments is long-term investment, If you want to enjoy bitcoin, you have to endure and hold it for a long period of time and not for a short-term. If you are a bitcoin investor and you not holding the bitcoins for long term and you are holding it just for short period then you are not yet fully ready for the investment. And the best time
of buying bitcoin is the time when the bear is still down so that when the price rises up to your satisfaction then you market it out and make your profit from it. If to you want to invest now is still good to invest, Bitcoin will still rise more than$31k-$35, if you bought bitcoin at $20k wow if you want to sell now you will make a huge profit.You can buy and hold, buy in lesser and hold it for long-term, it is better to hold until bull runs season.
There's presence of bear season and I stick to my budgets for the current season. I'm not selling my Bitcoin until there's signs of long bullish candles on bitcoin charts, that's where I will pulled my enormous profits. Short-term investment do work most time for altcoins but it's barely triggered during the bull season. Bitcoin have essential purposes to investors and traders in the market. We make good use of Bitcoin at the top level because it aides in withdrawing profits from the market.



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April 14, 2023, 04:39:40 PM
 #100

~
Well I sold mine for just a little amounts and withdrew it to my local currency for obvious reasons. I don't really do this a lot, but there will be times that I might need money for personal reasons and I don't think that holding the pride of being true hodler is worth over encountering worse situations in my own personal life.

I would buy back anyway on what I sold whenever the price just went a little below on the price I sold into.

this is something that normally happens because indeed if the situation is bad in our economy of course we sell some bptcoin which is already in the profit figure from the previous price, for example I bought at the end of January and sold bitcoin a few days ago to take profits because of an urgent need , I think it's not wrong and there's no need to be in trouble because that's how I use the bitcoin that I bought, I'm not much like you bro, than we hold the bitcoin we have to get bigger profits while there are many problems in life that needs to be resolved and bitcoin is the solution for that.
I also always buy back if I have extra cash and the price is below average.

.
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April 14, 2023, 05:32:53 PM
 #101

~
Well I sold mine for just a little amounts and withdrew it to my local currency for obvious reasons. I don't really do this a lot, but there will be times that I might need money for personal reasons and I don't think that holding the pride of being true hodler is worth over encountering worse situations in my own personal life.

I would buy back anyway on what I sold whenever the price just went a little below on the price I sold into.

this is something that normally happens because indeed if the situation is bad in our economy of course we sell some bptcoin which is already in the profit figure from the previous price, for example I bought at the end of January and sold bitcoin a few days ago to take profits because of an urgent need , I think it's not wrong and there's no need to be in trouble because that's how I use the bitcoin that I bought, I'm not much like you bro, than we hold the bitcoin we have to get bigger profits while there are many problems in life that needs to be resolved and bitcoin is the solution for that.
I also always buy back if I have extra cash and the price is below average.

Well, you had an urgent need for money and you sold your bitcoin in profit, there is nothing wrong in it. The good thing is that the Bitcoin price was above your buying price at the time you needed to sell your coins. Otherwise, you might have to sell your bitcoins in loss as you needed the money in any case.

However, there are people who bought bitcoin near 20,000$ and they sold at 30,000$ and thought they should do some profit taking. Nothing wrong with that approach too but I would say why would anyone sell Bitcoin at 30,000$ when they may get a chance to sell at 100,000$ in a year or two? If your vision is long term, you should not get excited and cash out at only 1.5x.

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April 15, 2023, 05:17:44 AM
 #102

To be honest, I try not to withdraw at all now. In my opinion, now is not the best time for this. I still feel like it's not worth it now.

The decision to continue holding was right, as bitcoin will continue to move higher for the foreseeable future. But if you already have a profit and want to take a profit, there is nothing wrong with that. Depending on the goals of each person, there are different decisions. For me, even if bitcoin hits $50k this year, I still decide to hold and not sell.
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April 15, 2023, 06:39:48 AM
 #103

To be honest, I try not to withdraw at all now. In my opinion, now is not the best time for this. I still feel like it's not worth it now.
Bitcoin price is currently on the rise and has crossed the $30K mark.  And it can go to $50k very quickly.  So it is better not to spend bitcoins unless absolutely necessary.  Because now is probably the real time to get something good out of Bitcoin. So taking advantage of opportunities is the job of smart people.

To be honest, I try not to withdraw at all now. In my opinion, now is not the best time for this. I still feel like it's not worth it now.
The decision to continue holding was right, as bitcoin will continue to move higher for the foreseeable future. But if you already have a profit and want to take a profit, there is nothing wrong with that. Depending on the goals of each person, there are different decisions. For me, even if bitcoin hits $50k this year, I still decide to hold and not sell.
Selling during profit is not a bad decision. If one holds it for longer period for higher profit then it may bring bigger things even if it is ricks for him. But currently the market condition looks a bit better so I don't think it will be a bad decision to hold now. But everyone should decide based on his personal forecast and personal research whether he should hold long time or sell at profit.



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April 15, 2023, 07:07:30 AM
Merited by The Sceptical Chymist (3)
 #104

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol.
If you are investing a couple of $100s this price gain won't mean much which means you need to keep hodling for a couple of years before you withdraw unless you are investing not less than  $10,000 to have to take out any profits at the earliest time.
But if you aren't ready to take losses you can go with hodling but for faster profits go with a broker that will allow you to trade crypto and gain 5X your portfolio in no time by trading the lower timeframes like the 1minute time frame before you are ready to withdraw.

To be honest, I try not to withdraw at all now. In my opinion, now is not the best time for this. I still feel like it's not worth it now.
If amount invested is not much holding for a long time is the only way otherwise lets trade to withdraw,  nobody will tell us this! Avoid giving back to the markets.

R


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April 15, 2023, 07:10:48 AM
 #105

Selling during profit is not a bad decision. If one holds it for longer period for higher profit then it may bring bigger things even if it is ricks for him. But currently the market condition looks a bit better so I don't think it will be a bad decision to hold now. But everyone should decide based on his personal forecast and personal research whether he should hold long time or sell at profit.
A tiny income is still income. You don't have to make a lot of money before you may withdraw. When it comes to investing, you need be cautious, especially if you are investing a large sum of money. However, we can't always avoid to think that the money we earn is very little because we believe the price will skyrocket over this period of time. That is why we cannot blame them for the losses. So, as long as there is a profit, small or large, selling it is a wise move. Exactly what you said.

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MaterialMouse69
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April 15, 2023, 07:51:31 AM
 #106

To be honest, I try not to withdraw at all now. In my opinion, now is not the best time for this. I still feel like it's not worth it now.
It's still not worth it to withdraw my bitcoin, I still have funds to myself and for my daily needs so I'm not worried about my bitcoin. If you have extra funds, thats good but remember don't forget to take care your life, if you have nothing else but bitcoin then withdraw it, don't make your life worse!
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April 15, 2023, 08:39:58 AM
 #107

~
Well I sold mine for just a little amounts and withdrew it to my local currency for obvious reasons. I don't really do this a lot, but there will be times that I might need money for personal reasons and I don't think that holding the pride of being true hodler is worth over encountering worse situations in my own personal life.

I would buy back anyway on what I sold whenever the price just went a little below on the price I sold into.

this is something that normally happens because indeed if the situation is bad in our economy of course we sell some bptcoin which is already in the profit figure from the previous price, for example I bought at the end of January and sold bitcoin a few days ago to take profits because of an urgent need , I think it's not wrong and there's no need to be in trouble because that's how I use the bitcoin that I bought, I'm not much like you bro, than we hold the bitcoin we have to get bigger profits while there are many problems in life that needs to be resolved and bitcoin is the solution for that.
I also always buy back if I have extra cash and the price is below average.

Well, you had an urgent need for money and you sold your bitcoin in profit, there is nothing wrong in it. The good thing is that the Bitcoin price was above your buying price at the time you needed to sell your coins. Otherwise, you might have to sell your bitcoins in loss as you needed the money in any case.

However, there are people who bought bitcoin near 20,000$ and they sold at 30,000$ and thought they should do some profit taking. Nothing wrong with that approach too but I would say why would anyone sell Bitcoin at 30,000$ when they may get a chance to sell at 100,000$ in a year or two? If your vision is long term, you should not get excited and cash out at only 1.5x.

Because they believe in their ability, they believe in their ability to analyze the market, I mean, they will take profits and continue to wait for the market to correct to buy back at a lower price. Like you, you want to hold until bitcoin hits $100k to sell, but then you'll also buy back bitcoins at a better price. Why don't you wait for bitcoin to reach 200k or 300k and sell at that price? Will you be more profitable? Everyone has a different investment style, and as long as we are satisfied with the return, it is a success.

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April 15, 2023, 08:41:01 AM
 #108

To be honest, I try not to withdraw at all now. In my opinion, now is not the best time for this. I still feel like it's not worth it now.
It's still not worth it to withdraw my bitcoin, I still have funds to myself and for my daily needs so I'm not worried about my bitcoin. If you have extra funds, thats good but remember don't forget to take care your life, if you have nothing else but bitcoin then withdraw it, don't make your life worse!

I can agree that it is for shure not the time now to withdraw bitcoins because you will for shure hate yourself if price in one month is double and in one year is 10x that price from now. However nobody can can know how the price goes, so if you have more money invested then you want to loose it is not a shame to withdraw some.
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April 15, 2023, 09:24:45 AM
 #109

It doesn’t matter which time you are withdrawing. I would advise everyone to withdraw the Bitcoins or basically sell the Bitcoins when you really in need of money and you don’t have any other choices. Bitcoins are very rare, so if you stop accumulating it and sell it in comparatively cheap prices, then definitely you will be missing the most profits that you can get from Bitcoins. I am also agreeing that this is the pre pump season, so if someone is selling their coins then don’t do it, as if you can manage to wait for few months, then definitely from the same amount of Bitcoins you will be getting double profits.

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April 15, 2023, 10:14:12 AM
 #110

Those people are short term investment, they will get their money and enjoy it. But, by myself, I am a long term investment and still hold my coins for more profit. I saw when the price is 3k and also saw 60k. So, I hold that time and still I hold my token.

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April 15, 2023, 10:51:56 AM
 #111

An investor knows better what he should do. If he is taking a big risk in Bitcoin investment which later becomes a big threat then it is better to take his profit and if you think it won't have much of an impact on investing in the long run, I'd say this is not the proper time. Some investors may be getting around 1x profit right now as a result of investing in bearish times but the way Bitcoin is trending now has the potential to double in the next few days. Bitcoin is capable of changing its movement at any time so investors have to take appropriate decisions. Some investors think to selling and buying from the dip. But current conditions portray bullishness accordingly so in my opinion it is not the right time to withdraw money from bitcoin.

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April 15, 2023, 12:23:02 PM
 #112

It certainly depends on the amount he or she spent. Supposing that the said user bought a whole Bitcoin, that's $12,000 in profit that can be used as revenue or reinvested at a later date, when prices may be lower than today's. If it's a smaller amount, such as $500, then yes, I agree with you that selling wouldn't account for much profit; thus, it'd be best to use DCA to acquire a larger amount as an investment for the distant future.
For short-term profit patterns that you get will definitely follow the basic capital when you try to invest, even though the bitcoin price is at a high price, so it's better for people with small capital to try to use the DCA pattern in collecting bitcoins. Long term is the best way to get maximum profit by combining DCA patterns to earn bitcoins.

Moreover bitcoin is a long-term asset and it is definitely profitable to use this pattern, it is better to hold it longer for the bitcoins that we have, as accumulation towards higher prices is likely to occur at the end of the year or in the next year.

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April 16, 2023, 03:51:04 PM
 #113

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

I think there should always be some BTC to hodl, I dont think there can be strong price drop, the only problem, IMHO, that it becomes long-term investment, it means that high price rise is something of low possibility too. And I think that the sum to hodl should be arranged carefully depending on personal priorities and within some comfort zone (not everything to hodl, not everything to withdraw, but an acceptable ratio between hodl and withdraw).

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April 16, 2023, 04:05:41 PM
 #114

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

If they have the right timing investing lower than 18,000$ and selling it at this moment right around 30,000$ that's already a huge profit depending on how much they invested in it, I wouldn't blame them if they sell at this early because profit is profit when it comes to the market volatility. There is a lot of possibility that the market price would bounce back down to 20,000$, this market is always a big bubble.

But I do the opposite since I'm aiming for the All-time high or even higher, I buy and accumulate more Bitcoin as time pass even though the market price keeps on increasing. I also increase the amount of bitcoin i buy every time the bitcoin market price drops down a small percentage.

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bangjoe
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April 16, 2023, 04:21:41 PM
 #115

I'm sured people who invest on bitcoin early March will likely get increase as of last month the price was lower compared to ending. Early March it around $23,400 but today is up to $28,600. I know impatient investors will grab the hot cake and run out of the fry pan Lol. But still hoping to use the fry pan again. This little pump shows the possibility of huge pump coming. If you're holding hold tiet and if you don't have and if wish to buy is still good ideas. Also if you withdraw is your money enjoy.

Keep the record that it will pump no matter the delay.

I think there should always be some BTC to hodl, I dont think there can be strong price drop, the only problem, IMHO, that it becomes long-term investment, it means that high price rise is something of low possibility too. And I think that the sum to hodl should be arranged carefully depending on personal priorities and within some comfort zone (not everything to hodl, not everything to withdraw, but an acceptable ratio between hodl and withdraw).

Regarding holding and withdrawing bitcoin, it is something that is sometimes happy because the price drops after withdrawing and buying it back at a lower price, sometimes regretting because the price continues to pump when it has withdrawn, options are really needed for situations like this, like what you said no everything is to be withdrawn and not everything is to be held depending on the situation of comfort in investing in bitcoin, with the intention that there are some that must be saved for if you really need profits for some needs or are carrying out a buy dip and sell high strategy from half the bitcoins you have, but that's quite a higher risk because it will form a pattern like traders in general.
From my early january purchase this week doing my bitcoin withdrawal looking for any downturns that may come at a later date.

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