When the price reaches $2000
Well, then you may want to prepare to sell your Bitcoins soon, because I think there’s a good chance that we may, at least for a little while, surpass 2,000$ very soon.
People selling at 2,000 and jumping the gun at 1990 1900 1800 even are why the price here was being put down for a while. Right now its regaining in very little time. Selling because the dollar price hits a round number is clown town logic
You have to largely ignore that the majority of bitcoins are traded in China in their own currency and the number of course is not 2000 but its nonsense anyway.
Ironic as it seems, if anything you should commit to buy below 2000 as it keeps faltering and recirculating under 2000 precisely because you understand the sellers are only obsessing over random numbers. What happens when we get past 2000, its going to rush past and up as all those round number sellers are 'defeated' in their fear of a top. The reasons why we get even near to 2000 is far more important and with larger inertia then the very weak fragile and illogical reasons to be selling 2,000.
Say you could buy a house for 20k less. The downside is the number is 13 on the street but every house built was identical. Its that scenario, you buy here because the reasons for the lower price are not correct. Doesnt mean we know for sure the houses on this street are a bargain but in any scenario you are receiving a discount to buy into poor reasoning as it will be overcome and prove incorrect.
The alternative is 13 is unlucky for sure and the house burns down from a bad number or with bitcoin, we fail at 2,000 because thats the largest i can count to. Its silly right, you profit when you overcome inefficiency and its how capitalism prospers and benefits society in general