Do you withdraw bitcoin this week?

[Crypt0Gore]

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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[rby]

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.

[Mauser]

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.

[Yatsan]

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.

[coinerer]

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

[Rupok]

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.

[BALIK]

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.

[Crossholder]

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.

[wahyuagung26]

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.

[CryptSafe]

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.

[nimogsm]

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.

[Mr.suevie]

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.

[The Cryptovator]

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.

[imamusma]

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.

[Fivestar4everMVP]

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.

[Yaunfitda]

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.

[Flexystar]

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.

[xSkylarx]

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

[Weawant]

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.

[Issa56]

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.