With the current increase of Bitcoin prices, we already have seen the last ATH finally reached. This allows people who already bought Bitcoin at prices around $50k and above to breathe a sigh of relief because they have earned or seen the profits starting to come. But how many of them are still holding their Bitcoin today?
Meanwhile, people who started buying Bitcoin after the price bottomed out at around $15k-$17k feels happy because their profits were already huge. In the coming of the halving, we see the price almost break $60k, and it will go higher. And after this, we should all determines what target price we want. I wonder how much the Bitcoin price will be after halving and when the price will start increasing.
Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.
at this point I know quite well that there is no investor who will likely to sell out it bitcoin again all they are Bitcoin they will hold it for more increment of the market to coming so everyone is holding it Bitcoin so but the more the price is getting increase the more their making a profit so there is no investor who is ready right away to sell bitcoin, all are holding their coins especially Bitcoin.
Just a suggestion: don't be greedy in wanting profits. Otherwise, you will be late selling the Bitcoin.
I can agree with you, the exit plan is more important compared to the accumulation plan, haha obviously it's worthless if you haven't accumulated good, but after accumulation what matters is your exit strategy and I'm currently very close ti my second exit hit, for the next target BTC will breakthrough or at least retest the ATH and we are expecting active bears here as well, on the same time what matters is how BTC resists the selling pressure.
Becasue we've seen massive selling as on the high of day, and liquidations volume was crazy, just think of it, in a couple of minutes $700M+ was already liquidated from both side that why I suggest safe spot game.
What many people is after in cryptocurrency especially bitcoin is to make a profit at this time, its few of the investors or people who is holding bitcoin will realise of bearish season that it may occurre right now or not, many is not thinking that bitcoin may fall at any point in time, but what they concentrate on, is to hold and make a profit since the price continue to skyrocket, actually nobody can tell if this is the right time to accumulate bitcoin because nobody know what tomorrow will yield in bitcoin market...
Being greedy shouldn't be an option, however, one should also not hurry in selling their assets, like selling everything they have when the price hits $65k or maybe $70k, I know people do that only of they already have that price as their primary target for selling their assets, but it isn't a wise decision because one should be able to see that the bull run hasn't started yet, we are yet to see the halving event, and the price has already touched $64k, and based on that, we can imagine that the price this bull run will be much more significant than this.
Personally, I expect the price of Bitcoin to at least cross $90k even if it doesn't hit $100k which is what most people are optimistic about.
to be greedy in cryptocurrency is not good and it real affect investor because they always have the intention of making a triple profit for their investment immediately they see opportunities in the market, but what is very necessary in cryptocurrency investment especially Bitcoin is to understand the chat of the market with the understanding of movement of candles sticks, if you can interpret the movement of candles sticks you will know if is due to sell and when is not due to hold..the most important thing is timing, when you have target you are not involved in greediness, but when you don't have target you are involved in greediness.