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Author Topic: Do you withdraw bitcoin this week?  (Read 674 times)
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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krishnaverma
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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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SPIN

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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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Ultegra134
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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.

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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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