If you want to take Bitcoin, take it or not??

[bayu7adi]

If the price of Bitcoin drops to $ 60k, of course I will buy Bitcoin and some potential Atcoin. But ahead of the announcement of the US presidential election the price of Bitcoin is rising again at this time. We had seen the price of Bitcoin again touching $ 70K again yesterday even though at this time kebali dropped to $ 69K. Very interesting to see the movement of Bitcoin prices in the market. I have prepared USD to buy when it really will occur correction if Kamala Harris is elected as US President

The price seems to be very volatile when Harris is able to beat Trump or just catch up, but so far (it's midnight in the US), Trump still looks solidly in the lead with 214 votes. Bitcoin's ATH was also created thanks to the election competition in the United States this time... I think the final result of this election has a very extraordinary effect.

And I haven't prepared enough funds to buy BTC if Kamala Harris wins the election, so I'm still hoping for a Trump win because most of my assets are in BTC.

[Hisbullah]

If the price of Bitcoin drops to $ 60k, of course I will buy Bitcoin and some potential Atcoin. But ahead of the announcement of the US presidential election the price of Bitcoin is rising again at this time. We had seen the price of Bitcoin again touching $ 70K again yesterday even though at this time kebali dropped to $ 69K. Very interesting to see the movement of Bitcoin prices in the market. I have prepared USD to buy when it really will occur correction if Kamala Harris is elected as US President

The price seems to be very volatile when Harris is able to beat Trump or just catch up, but so far (it's midnight in the US), Trump still looks solidly in the lead with 214 votes. Bitcoin's ATH was also created thanks to the election competition in the United States this time... I think the final result of this election has a very extraordinary effect.

And I haven't prepared enough funds to buy BTC if Kamala Harris wins the election, so I'm still hoping for a Trump win because most of my assets are in BTC.

This is a strategy to take advantage of the US presidential election, if Trump wins we still get profit from bitcoin because currently the price of bitcoin has touched ATH. And if Kamala wins we can buy bitcoin at a cheaper price because there is a possibility of correction, so prepare USD to buy potential coins of your choice.
As a trader I am ready to do scalping.

[lombok]

This is a strategy to take advantage of the US presidential election, if Trump wins we still get profit from bitcoin because currently the price of bitcoin has touched ATH. And if Kamala wins we can buy bitcoin at a cheaper price because there is a possibility of correction, so prepare USD to buy potential coins of your choice.
As a trader I am ready to do scalping.

Well, Using election momentum as a form of trading strategy may be a good idea but as we know the crypto market can be very volatile and does not always respond in a way that is expected. Being dependent on the elections turns out to be unadvantageous because the price of bitcoin, and other cryptos depends on factors that are way beyond elections in the United States of America.

Generally, having many possibilities to think about is better than having only having one situation in mind as a trader. In this manner, we are in a position that enable us to respond to flare up in the market that mean we are either going to gain more if the market goes in the predicted direction or cut our loses if the market goes in the opposite direction in future.

[retreat]

There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not.  I talk about myself that I want to do business but the question comes in my mind that should I invest or not??  Bitcoin price is currently skyrocketing so is it worth buying??

You know my friend, that only Bitcoin will continue to increase in price, so you won't lose if you buy Bitcoin via DCA, you saw it yourself yesterday when Donald Trump was elected as US president, Bitcoin made a new ATH.

[ZAINmalik75]

i know some people who were able to find mentors and help from professionals so i guess you really should just be careful and choose what seems to be the best for you to be a successful beginner

Careful is a demotivational word for newbies because they have already tasted the profit and they have already set a mindset that without taking risks and caring more about risks like a smart person won't make them money in crypto so they follow the path that a dumb, quick and risk taker person would take. They won't have a second thought about joining some groups and following a mentor.

we should maximize our resources and use all of it i still think that there’s at least some good knowledge from youtube still and it makes it simple and easy to understand but that’s only the basics so i suggest read books that are more complex and dives into more technical stuff of trading

Such books are not easily available everywhere but online. Most don't read books on screens like me I don't like to read books on smartphones etc. Technical stuff is necessary to learn to make profitable trades.

[JoyMarsha]

If the price of Bitcoin drops to $ 60k, of course I will buy Bitcoin and some potential Atcoin. But ahead of the announcement of the US presidential election the price of Bitcoin is rising again at this time. We had seen the price of Bitcoin again touching $ 70K again yesterday even though at this time kebali dropped to $ 69K. Very interesting to see the movement of Bitcoin prices in the market. I have prepared USD to buy when it really will occur correction if Kamala Harris is elected as US President

As Kamala Harris didn't later win the US election, would keep saving up your USD, or keep waiting for correction to still happen despite Trump's wins because it's all seems there won't correction to happen again as Bitcoin is showing a green candlelight that Bitcoin may be hitting $85k before the end of the year.

It will do you best if you invest in Bitcoin now, with your saved USD, since Kamala Harris didn't win the US election as you thought.

[Z-tight]

BTC price is volatile, it is not stable, so before buying it you need to understand that your chances of making profit increases when you store it for the long term. BTC has set a new all time high now and the price is expected to continue rising, so it is not bad to buy BTC now, though better to have bought it earlier.

[debra]

You know my friend, that only Bitcoin will continue to increase in price, so you won't lose if you buy Bitcoin via DCA, you saw it yourself yesterday when Donald Trump was elected as US president, Bitcoin made a new ATH.

Bitcoin isn't the only coin that keep increasing its value. Top altcoins are also increasing their values, some of them even have created a new ATH as well. However, I agree that it is good to collect Bitcoin with DCA method. As long as we know the right time to buy and sell, we must take advantage of the strategy. We must be aware that DCA won't require big capital, so we can do it every time. Well, when Bitcoin hits a new ATH in bullrun season, we can take profits if it meets the target.

[Z-tight]

Well, when Bitcoin hits a new ATH in bullrun season, we can take profits if it meets the target.

A lot of people are waiting for $100k during this cycle, that is the price they are waiting for, in order to take profits from their investment. I have not made such a decision, probably because i intend to sell only a small amount of my coins, i have no intention to sell all of it, i don't think it is a good investment decision to sell all of your bitcoins.

[Madmax789]

Deciding whether or not to invest in Bitcoin depends on a number of personal factors, including your financial goals, risk tolerance and understanding of the cryptocurrency space. Do you want to hold Bitcoin as a long-term investment, trade it for short-term gains, or use it for transactions? Each approach carries different risks and strategies. Bitcoin is known for its volatility, whose price swings can be significant. If you are comfortable with this risk and potentially losing some of your investment, it may be worth exploring. But if you're risk-averse or need money to stay stable, Bitcoin may not align well with your comfort level. If you decide to buy or invest in Bitcoin, do it with a clear strategy and caution. And if you're unsure, it might be wise to start small or consult a financial advisor to see how Bitcoin fits into your broader financial picture.

[bitterguy28]

A lot of people are waiting for $100k during this cycle, that is the price they are waiting for, in order to take profits from their investment.

for sure many will plan on taking profit once bitcoin hits $100k even now actually some people may be taking profit already selling their coins we all have different goals so i don’t have any say in that but i always think that the best option is to sell only a bit and go back to buying

i don't think it is a good investment decision to sell all of your bitcoins.

like i said we all have different plans and not all of us bought bitcoin at the same price so maybe someone bought bitcoin even before it hit $1000 and now if they sell it at $100k who knows just how rich they are now?

[robelneo]

i don't think it is a good investment decision to sell all of your bitcoins.

Of course it is not. Because of the volatility and uncertainty of the market, there's a possibility that the price will continue to go up, and for every percentage of the increase, you will have a loss profit. its good to maintain a portion of your Bitcoin portfolio.
You just never know what's going to happen next, which is why HODLING is a virtue. If you are not too greedy and you are a thrifty person, HODL your Bitcoin and you will not regret it.

[dekafee79]

i don't think it is a good investment decision to sell all of your bitcoins.

Of course it is not. Because of the volatility and uncertainty of the market, there's a possibility that the price will continue to go up, and for every percentage of the increase, you will have a loss profit. its good to maintain a portion of your Bitcoin portfolio.
You just never know what's going to happen next, which is why HODLING is a virtue. If you are not too greedy and you are a thrifty person, HODL your Bitcoin and you will not regret it.

holding is always the main choice in investing in crypto, I prefer bitcoin as the coin I hold. and some top altcoins such as BNB, SOL, ETH and XRP.
for medium term investment I can choose other coins such as TON, LINK, AD and DOT. but holding bitcoin is always the main choice.

[MRY]

You know my friend, that only Bitcoin will continue to increase in price, so you won't lose if you buy Bitcoin via DCA, you saw it yourself yesterday when Donald Trump was elected as US president, Bitcoin made a new ATH.

Bitcoin isn't the only coin that keep increasing its value. Top altcoins are also increasing their values, some of them even have created a new ATH as well. However, I agree that it is good to collect Bitcoin with DCA method. As long as we know the right time to buy and sell, we must take advantage of the strategy. We must be aware that DCA won't require big capital, so we can do it every time. Well, when Bitcoin hits a new ATH in bullrun season, we can take profits if it meets the target.

Overall, there are attractive opportunities when investing in the crypto world, and we can take advantage of the strategies when the market is aligned. This is why DCA can be a great choice to minimise the risk of sharp price fluctuations, so that we can still slowly accumulate assets. But we have to continuously keep track of the market field and modify our strategy in case of major changes.

Additionally, knowing how asset value moves around and especially during the bullrun season, can help us keep our goals realistic. With proper planning, we can decide the time at which we can make the most of profits without being aggressive. It allows us to grasp the chances as they present themselves, while staying stable in our investment portfolio long term.

[Gposas]

There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not.  I talk about myself that I want to do business but the question comes in my mind that should I invest or not??  Bitcoin price is currently skyrocketing so is it worth buying??

From my point of view, BTC is an asset that doesn't likely need a time to purchase if an investor is willing to HODL it for a long term duration. Because on a long term, it must surely beat far above it's trending price at the present time of purchase or else on a reason of short term HODL or trading.

On the other hand, some investors also prefer buying the asset at the dip hoping for the bull season to come by and put some smiles on their faces.
Both ways to me are all good since this asset is a volatile one and also one HODL for a long term duration .