Chances to buy Bitcoin back

[slaman29]

Scarcity problem is not a problem yet. All the big companies who want BTC will just have to pay for it. So don't worry about that. I mean, yes there is few BTC left but price dude, price. That's just gonna get more on the upside for those who want it.

By the way you want knowledgeable people? Ask them directly or you get 50% shitposts from people like me here

We would still be able to buy BTC, just for a bigger price, I agree - from those that were smarter back then, today, that is.

 

I remember back in 2017 some dumb news articles were saying how there wasn't enouogh BTC to go around once institutionals would hit it. Then again in 2021 the false idea came around again, this was around the time MicroS started buying big in the news.

I mean, until today I never heard an exchange say, oops guys sorry, no more BTC.

Price will 1 million $$$ before any exchange ever runs out

[hero_the_bossman]

I remember back in 2017 some dumb news articles were saying how there wasn't enouogh BTC to go around once institutionals would hit it. Then again in 2021 the false idea came around again, this was around the time MicroS started buying big in the news.

I mean, until today I never heard an exchange say, oops guys sorry, no more BTC.

Price will 1 million $$$ before any exchange ever runs out

FUD is FUD, and taglines make people get the emotions needed from such articles.

We just need to sway them and go forward.

[DeathAngel]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

It can be a very smart move but don’t do it yet. Bitcoin is still at least 30% from its cycle top, I think. So sell maybe once we go over $140,000. It will probably go higher but I think that’s a good point to start DCA out. Then you can buy back cheaper in the bear market. Be aware of capital gains taxes if applicable in your country.

[bitterbit]

Cyberware is an artificial limit, you're only as good as your wallet and your access

[RaraAvis]

Unfortunately experienced and long-term investment minded people especially on this forum will not give you the advice to sell and buy back as you expect and I am quite sure of this.

Not without reason, a lot of people on this forum act as long-term investors, although they will not prohibit you from releasing the bitcoin you have but they will not suggest selling it and buying in the next correction because they have the same goal which is long-term as the goal to be achieved.

Keep in mind also in this case when you sell the assets you have it is possible that you will not get your bitcoin back because after all the situations and schemes involving technicals are actually still based on speculation. Maybe it would be great if the guess you did was right by selling and waiting for a correction in the future but if this misses and you have sold your bitcoin but bitcoin actually soars even more expensive in terms of value then the bitcoin you have spent will not be able to have you back so I'm pretty sure no one will suggest it even though if you have sold it no one will intervene either.

thank you

[RaraAvis]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

It can be a very smart move but don’t do it yet. Bitcoin is still at least 30% from its cycle top, I think. So sell maybe once we go over $140,000. It will probably go higher but I think that’s a good point to start DCA out. Then you can buy back cheaper in the bear market. Be aware of capital gains taxes if applicable in your country.

thank you

[RaraAvis]

Scarcity problem is not a problem yet. All the big companies who want BTC will just have to pay for it. So don't worry about that. I mean, yes there is few BTC left but price dude, price. That's just gonna get more on the upside for those who want it.

By the way you want knowledgeable people? Ask them directly or you get 50% shitposts from people like me here

We would still be able to buy BTC, just for a bigger price, I agree - from those that were smarter back then, today, that is.

 

I remember back in 2017 some dumb news articles were saying how there wasn't enouogh BTC to go around once institutionals would hit it. Then again in 2021 the false idea came around again, this was around the time MicroS started buying big in the news.

I mean, until today I never heard an exchange say, oops guys sorry, no more BTC.

Price will 1 million $$$ before any exchange ever runs out

thank you for your answer

[RaraAvis]

I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

If you are okay with the value of profits you have acquired as periodically you are a short term investor with Fomo, you can sell but you sounds well equipped to stil keep going for a longer time so I don't know about your financial background or state of emotions otherwise,  I will advice you don't have to sell just because you have feasibly made some profits.
Mind you, the bull run is not over yet meaning of you keep holding you will be chance to earn more profits.
But if at all whether you sold or not but you decide to buy bitcoin in the future, the market is always open for you to buy from traders who are 24/7 active to sell and buy at any given price.

Talk about possibilities to buy bitcoin in the next correction event, be known that out of the total 21M BTCs, 19.66M has been mined while we still have 1.34M are still unmined around the year 2140. Which means we have over a century for the total bitcoins to be mined.
So there is no need to be feared if you will still be chanced to buy after selling in the meantime. This is why we keep saying here that there Investors still have opportunities to buy and as it stances, there is no recognized late comers or deprivations of enthusiasts buying Bitcoin in the near future.

thank you for your take on a subject

[RaraAvis]

It's very difficult to buy back after selling. If you sell now, you'll see the price rise slightly in a few days. When you decide to buy, the price will start to fall again, and as a result, you'll be the one losing money.
If you're considering selling now, I recommend not monitoring the price of Bitcoin for too long. You'll find that it rises after you sell, and you won't make a profit.
You can buy it back again in a few months, or even a year or two, and you could make a substantial profit doing so

thank you

[RaraAvis]

Thank you everyone who replied so far!
It is important. It is a bit like coaching. I appreciate that.

I am looking at BTC 1 month chart and it seems quite clear that consolidation lasted for too long now.
It is up or down any moment now.
I personally cannot see how will BTC from here would go straight up. I think there will be a move to the downside first. Not a lot around $112K before it will go to the next ATH which according to me would be something like 134200.

what do you think? what is BTC next move from here? Up or down?

If there is a thread with this question on Bitcointalk let me know

PS: oh yeah, I forgot to mention that I entered the market around NewYear of 2024 so I started buying BTC at £33K (GBP)

PPS: look how BTC price is sliding down sluggishly and slowly... usually BTC is much more vigorous no matter which way it goes...

[As-Soon-As]

Hi all
Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.

There is plenty of time to buy Bitcoin right now, never think about selling Bitcoin if you are sticking to long term investment. You will notice that MSTR company is buying Bitcoin every week from the market low to the uptrend. If you sell Bitcoin now and wait to buy again then this will be your trade. If you want to read Bitcoin investment in long term then you will definitely have to wait for a long time.

I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)
Your thoughts please

Looking at their Bitcoin investments, MSTR and BlackRock can certainly be seen as long-term Bitcoin investors. Because they never decided to sell their Bitcoin investments after investing, what you OP is suggesting is never consistent with long-term Bitcoin investing. To invest in Bitcoin, you must plan to hold Bitcoin for several years into the future.

[leonair]

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

No one can give you financial advice so you have to make your own decision. If you sell your Bitcoins after seeing the good condition of the market and later buy them at a lower price, then if the price of Bitcoin does not decrease but increases after your sale then you will panic in FOMO and become emotional to buy at a higher price than your sold price and then if you buy Bitcoin again at a higher price in emotion then when it starts to go down then you will sell again at a loss because you will think that it will decrease a lot in this way you will only keep losing if you have a decision you will sell at a higher price and buy Bitcoin again at a lower price. So I think buy Bitcoins according to your ability and hold them and do not sell them because in the future the price of Bitcoin will be very expensive which we cannot even imagine.

[aoluain]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

It can be a very smart move but don’t do it yet. Bitcoin is still at least 30% from its cycle top, I think. So sell maybe once we go over $140,000. It will probably go higher but I think that’s a good point to start DCA out. Then you can buy back cheaper in the bear market. Be aware of capital gains taxes if applicable in your country.

This is what I am thinking also.

We are close to a cycle top ^{based on previous Bitcoin cycles} so trying to take profits
now might be a little pre-mature.

An example of this:

3rd halving on 7th of september 2016
ATH of ~ $19,000 mid December 2017
over the following year the markets drop to ~ $3000



chart from Trading Analysis via coinmarketcap

[betswift]

This is what I am thinking also.

We are close to a cycle top ^{based on previous Bitcoin cycles} so trying to take profits
now might be a little pre-mature.

If a person - really - wants to - he can fix some of the profits already, but I agree on that too: we didn't reach the highest point, and even if we don't know exactly what it would be, we can act accordingly based on the analysis and facts presented.

[Awaklara]

I am thinking of selling to then buy back.

You also lack confidence in your assumptions. A correction is inevitable, but we don't know if it will be short-term or whether Bitcoin will remain like this for a longer period.
Whatever decision you make, you must also consider your current profit and the potential price at which you will buy again. Is the calculation more profitable than holding and waiting for a higher price?
In my opinion, it's better to set aside additional capital to buy when the price drops. There's no need to sell, but if you feel satisfied with the profit you've earned, it doesn't matter. It's your money.

[Adams0001]

Selling now to buy back is the terms used mostly by guys who end up not having any.
Bitcoin is good to be held for a long term especially within a cycle or more. but however for a trader mindset you might want to go short or long depending on your perception of the market but in your terms opportunities might be lesser as big players are grabbing more bitcoin, yes they are but we have tons of bitcoin unloaded every now and then from trading platforms or exchanges so there is always chance to buy back but the chance that might be lost is to buy at a certain price as we don't know the next minute of bitcoin so we don't with the pricing.

Bitcoin is unpredictable and anytime is the best to invest, because if you think you will let bitcoin drop before buying it you are just wasting your time on it. Selling your bitcoin and buy later is not advisable except you are in a huge profit and you can sold that one out. But buy Selling your bitcoin he will be very hard for you to be profitable, you need to spend many years again before you can get profit because normally bitcoin investment is always a long term purpose, we can sell some and leave the rest, we should not be selling all of our bitcoin if not you have a emergency that we lead you to sell it all, and solve your problem.

[slaman29]

Price will 1 million $$$ before any exchange ever runs out

FUD is FUD, and taglines make people get the emotions needed from such articles.

We just need to sway them and go forward.

Ya agree, I think best is just provide the facts from own experience regardless they swayed or not. Its not emotion even its just a lot of misunderstanding and lack of real experience on actual exchanges. Happy to share this for them

thank you for your answer

You are welcome. Now if anyone asks you know the answer

[hero_the_bossman]

Price will 1 million $$$ before any exchange ever runs out

FUD is FUD, and taglines make people get the emotions needed from such articles.

We just need to sway them and go forward.

Ya agree, I think best is just provide the facts from own experience regardless they swayed or not. Its not emotion even its just a lot of misunderstanding and lack of real experience on actual exchanges. Happy to share this for them

You are right, but sometimes, such people don't want to know more or get to the truth - they want to see their theories or ideas to make it to the real world... And nothing else!

And we are truly happy to help those who are ready to hear and listen, either on the forum or somewhere else.

[Smartprofit]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

Personally, I am not sure that we have reached the peak of the Bitcoin price in this bull cycle. If we are talking about a short-term correction, which could theoretically happen at the end of summer, then in my opinion, it is very difficult to predict the movement of the Bitcoin price in the short and medium term. You can easily be wrong (and then you risk not buying back the Bitcoin).☺️

In my picture of the world (this is not financial advice), the peak of the Bitcoin price will be in November-December 2025. At this time, the price will reach the level of 220,000-380,000 US dollars.🪂

After that, the bear market will begin, and this is when it will be advisable to buy back Bitcoin from the market. But this is just my guess. 🌞

In any case, Bitcoin is a deflationary asset, in fact, it is the only asset in the world, the growth of demand for which does not lead to an increase in supply (if we are talking about real Bitcoin, and not derivatives).  The total number of Bitcoin coins is limited, or rather, it even decreases over time (after all, users of the first cryptocurrency constantly lose control over their private keys).✨

In this regard, I personally would not sell my bitcoins now in the hope of buying them back later.🌒

[SquirrelJulietGarden]

In my picture of the world (this is not financial advice), the peak of the Bitcoin price will be in November-December 2025. At this time, the price will reach the level of 220,000-380,000 US dollars.🪂

I don't try to time the market as it is really difficult to do it accurately.

There is a Mayer Multiple Price Bands chart that gives some bands likely match with your price prediction.
https://charts.bitbo.io/mayer-bands/

After that, the bear market will begin, and this is when it will be advisable to buy back Bitcoin from the market. But this is just my guess. 🌞

Bear market is always painful for people who don't understand about Bitcoin market cycle, and don't have plans of holding bitcoin for more than one cycle. It's oppositely very good opportunity and funny time for people who prepare capital for Bitcoin accumulation in bear market.