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Author Topic: Bitcoin is on 30k how was your feelings ?  (Read 1097 times)
moneystery
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April 12, 2023, 04:10:37 PM
 #41

After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k, but a deep pain and fear was created in my chest, actually the fear is that I don't feel comfort when the price of bitcoin goes higher because after investing at that price, if btc's value goes down. It's like the bitcoin pump couldn't make me happy.
I would like to know your feelings on this matter.  Tongue


You can do a simple way to get over that feeling after investing in BTC, you can uninstall the exchange application you are using and then hold it for a long time and stop looking at the price of BTC. Let's just say that you have never bought BTC and that method might make you calmer.

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April 12, 2023, 04:58:38 PM
 #42

After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k, but a deep pain and fear was created in my chest, actually the fear is that I don't feel comfort when the price of bitcoin goes higher because after investing at that price, if btc's value goes down. It's like the bitcoin pump couldn't make me happy.
I would like to know your feelings on this matter.  Tongue


I bought Bitcoins when, it was at 60k usd, so definitely I am really happy to see 30k usd price. Bitcoins have finally shown a positive attitude for the long term investors and proved that who is the boss. Actually the price was unexpectedly achieved without any noise in the market. It’s maybe due to the high demand of the traders to buy the coin. We also know when there are more buy orders then sell, the price automatically goes up. So there are high chances that, this has happened. Now if Bitcoin crossed 35k usd in this month, then by the end of August we might surely see a new all time high price. Let’s hope for the best and see what happens now.

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April 12, 2023, 06:33:51 PM
 #43

I'm happy whenever I see bitcoin's price go higher. Why wouldn't I be sad if I see it up? One thing that someone will be sad when that happens:
1. Missed out the buying opportunity.
2. As you've said, you think that it may fall anytime soon. But don't worry, it's normal in the market to have a sudden push and fall.
If bitcoin's pump is no longer making you happy then what is going to make you happy? Find somewhere else your happiness through the market.  Wink

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April 12, 2023, 07:04:34 PM
 #44

After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k,
It is a good feeling of excitement, but I have prepared my mind for any kind of situation situation after, maybe something that brings the prices down again. If the prices drop again, it will be really emotional troubling for those who have set their mind that bitcoin was only going up. I am happy about the present price of bitcoins, but I am emotionally prepared for anything that follows.

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April 12, 2023, 09:49:11 PM
 #45

Of course, everyone should be happy, the last time that we have seen this price is June 2022. But it seems that it has become the biggest barrier so far, price stood at $27,900 as of this writing.

But we understand if investors are going to sell at this price, they would, because they are going to get a huge profit specially if someone has invested 4 months ago in November with a new lowest low for this bear market at $15,500. So now the next question is how far can we get this year, there are threads saying that it could be $50k. But we will have to go to minor correction again if we are going to reach that price this year.
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April 12, 2023, 10:38:40 PM
 #46

After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k, but a deep pain and fear was created in my chest, actually the fear is that I don't feel comfort when the price of bitcoin goes higher because after investing at that price, if btc's value goes down. It's like the bitcoin pump couldn't make me happy.
I would like to know your feelings on this matter.  Tongue

It's a happy feeling for me to see bitcoin reach the $30k range but I am somehow not done with my accumulation of bitcoin at a low price. I want to keep accumulate more before the price of bitcoin begins to increase to $30k and above.

I understand how you feel, I once felt like that long ago of getting scared of investing when I thought the price of bitcoin is at increased but later decrease in price the moment I invested.

The ideal strategy for you to invest in bitcoin is to learn not to jump into it just because its price experienced a spike. Learn to restrain your want to invest and invest only when you feel like, expecting that your future bitcoin investments will pay off for you.

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April 12, 2023, 11:55:14 PM
 #47

Personally , I'm still not positively moved by Bitcoin action of suddenly increasing in price but I do share the feeling that a bull run is imminent and could happen this year so that is something I can hang on.

However , if we cannot hold the 30k mark for at least a couple of days , we might have been tricked by bears once again and a correction will happen on markets at some point. Actually this month is very interesting to watch how Bitcoin price will move and how it will effect the summer cycle.

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April 13, 2023, 02:58:35 AM
 #48

Personally , I'm still not positively moved by Bitcoin action of suddenly increasing in price but I do share the feeling that a bull run is imminent and could happen this year so that is something I can hang on.

However , if we cannot hold the 30k mark for at least a couple of days , we might have been tricked by bears once again and a correction will happen on markets at some point. Actually this month is very interesting to watch how Bitcoin price will move and how it will effect the summer cycle.

I guess we can still thank the market for being so bullish about the news coming from the feds that's why the market suddenly goes to $30k. So that is ok if you are not that positively, but we can take this sign as still bullish and maybe throughout this year we might see $50k.

Actually, since the start of the year, every month is very interesting, January alone we have like a jump of 40%++ and still continuing as of this time. If the price holds then I predict that we will $32k at the end of the month.

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April 13, 2023, 03:34:54 AM
 #49

Of course I am happy that Bitcoin has finally touched $30,000 and I hope that this $30,000 would turn into a support in the process of trying to break higher prices. But this is not anymore a big deal to me. If it comes, it comes. If the price stays low for some more time, it is also all right. Because at the end of the day I know that Bitcoin will always make new ATHs sooner or later.

Do you mean you invest in Bitcoin when the price goes higher? Although it isn't really bad because the price would continue to grow higher in the long term, the best times to invest in Bitcoin is when the price goes lower.

Don't worry about your Bitcoin. Just hodl it for the long term. And keep it safe all the time.
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April 13, 2023, 05:13:50 AM
 #50

After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k, but a deep pain and fear was created in my chest, actually the fear is that I don't feel comfort when the price of bitcoin goes higher because after investing at that price, if btc's value goes down. It's like the bitcoin pump couldn't make me happy.
I would like to know your feelings on this matter.  Tongue

Of course, it's nice to see the price back up to $30k again because it proves that bitcoin can slowly increase in price again. But sadly, after it touched $30k, it went back down and up again and it has happened many times. And right now, the price is back at $30k and it looks like there will be another increase in the next week as it's almost the end of the market. This weekend there may be a correction in the market so we have to be prepared for all the possibilities.

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April 13, 2023, 05:31:35 AM
 #51

Seeing the price reached $30k range again of course makes me happy especially that I think I have enough Bitcoin to hold until bullrun. At the same time i'm anxious of what might tomorrow bring, is it going to be consistent increase or not?

Well, halving is still months away and because the price of Bitcoin reach $30k again it is expected many investors who invest for short term will take profit. So if the price had a correction again, don't hesitate to fill your bags.

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April 13, 2023, 05:35:17 AM
 #52

...
If bitcoin's pump is no longer making you happy then what is going to make you happy? Find somewhere else your happiness through the market.  Wink

Bitcoin's pump is something everyone wants, but I wouldn't be satisfied if it didn't happen at the right time for me. Many people have bought bitcoin at a high price or have accumulated enough bitcoins for themselves, they are waiting for a big pump for them to make a profit. But I haven't accumulated enough bitcoins for myself, so I don't feel satisfied when bitcoins are pumped too soon. I don't want to accumulate bitcoins at a high price. What I needed was bigger profits, and I was willing to wait longer to get there, so bitcoin hit $30k so fast that it made me unhappy.

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April 13, 2023, 05:40:46 AM
 #53

Personally , I'm still not positively moved by Bitcoin action of suddenly increasing in price but I do share the feeling that a bull run is imminent and could happen this year so that is something I can hang on.
However , if we cannot hold the 30k mark for at least a couple of days , we might have been tricked by bears once again and a correction will happen on markets at some point. Actually this month is very interesting to watch how Bitcoin price will move and how it will effect the summer cycle.

I don't think this price was a sudden move, the movement started all the way from last month. Many thoughts march was going to be bearish for the market but that's not how it happened. March came with very bullish price movement and many investors were cut unaware. When they finally realized that the market was looking bullish and they bought, they helped keep the market bullish with their buy orders.

If you noticed, we couldn't cross $30k last month and was only able to achieve that in the second week of April that means the market isn't just pumping uncontrollably instead it's rising steadily and if it continues like this then the correction won't be much. The price is holding strong above $30k and I think we can get to $35k before the month ends.

R


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April 13, 2023, 07:39:58 AM
Merited by The Sceptical Chymist (5)
 #54

After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k, but a deep pain and fear was created in my chest, actually the fear is that I don't feel comfort when the price of bitcoin goes higher because after investing at that price, if btc's value goes down. It's like the bitcoin pump couldn't make me happy.
I would like to know your feelings on this matter.  Tongue

Don't think of the short term. Obviously you are feeling that because you are seeing Bitcoin's price in the short term.

Fear? Pain? Discomfort? That will be gone if you will only look at the long term price movement of Bitcoin. Don't be too negative about price movement of Bitcoin. If you bought at $30,000 then good for you. If it goes down, don't panic, and accumulate more Bitcoin. I mean why care if the price of it goes down. Always take note that price going down is always an opportunity to buy more Bitcoins at a lower price.

As for me? I didn't felt anything when Bitcoin's price went to as high as $69,000 2 years ago. I also didn't felt anything, but happiness when the price of Bitcoin went down below $20,000 last year because I saw it as an opportunity to buy even more. Bitcoin pumps are very normal, and for some traders a time for them to take profit. Yes I did felt some regret for myself because I didn't sold my Bitcoins back when it was at it's peak, but for sure I will not do that mistake again and will sell a portion of it when the bull market comes.

How does it feels for me to see Bitcoin at $30,000? None Cheesy. Because I saw it already reaching that price, and even higher.

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April 13, 2023, 08:24:12 AM
 #55

When the market goes up, you are also afraid, and when it falls, you are also afraid, so it is best not to invest in bitcoin. If you always have a plan when investing, then whether the market goes up or down, you will be in control and always have a way to survive. To me, a bear market is much better than a bull market because then we will be able to shop with better deals, so there is no reason to ignore the bear market.
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April 13, 2023, 09:39:23 AM
 #56

After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k, but a deep pain and fear was created in my chest, actually the fear is that I don't feel comfort when the price of bitcoin goes higher because after investing at that price, if btc's value goes down. It's like the bitcoin pump couldn't make me happy.
I would like to know your feelings on this matter.  Tongue
I'm pretty neutral as I don't have a lot of money invested, but being a Bitcoin enthusiast and a big-time supporter, of course, I'm happy whenever it shows some positive movement. I just want the market to dip when I have money to buy more and then I want it to go up again, lol Grin. But, that's what everyone wants and it doesn't always go our way.

The interesting journey will start from here, and we will see where the price heads after this point. Everyone was waiting for it to cross this mark to see if the actual bull market will begin or not, I would say it will drop again from here by at least a couple of thousands.
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April 13, 2023, 09:41:08 AM
 #57

After $30k can be reached, I'm sure April can still rise again, looking at market conditions, of course it's only natural that April can reach at least $40k, the remaining time is still around 17 days to go so higher achievements can be easily achieved.

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April 13, 2023, 01:20:21 PM
 #58

Never be disappointed with bitcoin investment I think such impatience is nothing but foolishness. Bitcoin has crossed the $30,000 mark again after a long few months. And in this year 2023, the Bitcoin market is going to touch its previous milestone again. So my long belief is that Bitcoin will pump a lot in the future. And if you are interested in investing, then the current market in Bitcoin is definitely the right time to invest. So you don't get scared and invest in Bitcoin safely and hold it surely it will be good for your future.

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April 13, 2023, 01:23:41 PM
 #59

I didn't felt anything when Bitcoin's price went to as high as $69,000 2 years ago. I also didn't felt anything, but happiness when the price of Bitcoin went down below $20,000 last year because I saw it as an opportunity to buy even more.
Wow, no emotion whatsoever when btc hit its ATH?  I remember being pretty stoked about it, even though I realized it had risen too high too fast and would likely drop back down to some equilibrium price.  That was a crazy time, though I think the general feeling of euphoria was stronger when it hit the high previous to $69k, which was in late 2017 IIRC.

As for now?  It's great to see bitcoin rebounding from $16k or wherever it was stuck at for months, because I wasn't sure which way it would break.  It seems a little strange that the price is going up when there seems to be so much negative press about regulation and the FTX debacle and so forth.  I betcha there's a lot going on behind the scenes with the big players that we're not privy to.

I'm pretty neutral as I don't have a lot of money invested
Me neither, and I wish I had extra dough to buy bitcoin with--but I'm still rooting for it as always, no matter how little skin I have in the game.

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April 13, 2023, 02:16:20 PM
 #60

While I'm happy to see the bitcoin price get to $30k again, it doesn't make me sell my bitcoin but I'm still holding it because $30k is not my desired selling price.

I'm still trying to hold it long term and my sell target is above $60k, maybe $80k or more, depending on how high the bitcoin peak goes.

Yes, I'm happy that bitcoin can increase again, although slowly and still experience correction at the weekend. But maybe some people sell their bitcoins to buy back at a low price and that's fine because that's their strategy.

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