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I know my gains from yesterday's trade might be small compared to all the big whale holding BTC, but I have been holding the trade since on Monday only to check my wallet on Thursday and gain over $300, it was sweet and with the way major companies are buying and holding for long term I feel BTC might close the year at 125k
Quote from: Jujuboy on December 06, 2024, 12:18:17 PMI know my gains from yesterday's trade might be small compared to all the big whale holding BTC, but I have been holding the trade since on Monday only to check my wallet on Thursday and gain over $300, it was sweet and with the way major companies are buying and holding for long term I feel BTC might close the year at 125kDifferent people had their different targets this bull. Some people were scared when we were floating at 85k and rushed to sell off some coins. A couple of other persons sold off at 94k since then we were very close to 100k but still didn't hit the 100k Mark and as a result some persons felt the resistance zone there in the charts would likely cause a dip in price in the form of a retracement.However with all that being said. majority of people sold after we surpassed 100k and you can easily tell by the rate at which price retraced back down after it had already passed the 100k Mark.
The real winning though are the ones who kept holding.
and holding for long term I feel BTC might close the year at 125k
I can see $90000 as a very strong support now as bitcoin fell down to the price yesterday but increased back gradually. I do not think we should sell out coins until mid of next year. And also not good to sell all as bitcoin will still increase after a long period of time.
$100K already seems high and tempting for you to take advantage now or whoever the investor is but I will hold back a little more because the future prospects seem to be going up to $150K at least that is what is expected.
People buying at $20K to now $100K means they already have a high profit.
But it is cool that you prefer to hold your Bitcoin and you believe Bitcoin may reach $150k. Why you are so confident? Do you have some reasons that Bitcoin may reach $150k?
Quote from: salad daging on December 06, 2024, 07:04:53 PMPeople buying at $20K to now $100K means they already have a high profit.If people bought their Bitcoin at $20k, they already got huge profits if they sell their Bitcoin at the current price. I think it is not a bad idea to sell and take profits gradually.
Quote from: alltalk on December 06, 2024, 07:34:24 PMBut it is cool that you prefer to hold your Bitcoin and you believe Bitcoin may reach $150k. Why you are so confident? Do you have some reasons that Bitcoin may reach $150k?Yes I have my own reasons for seeing a price of $150K in 2025 even if it's just a prediction...Maybe when Trump is officially inaugurated it will push bitcoin up, because when Trump won bitcoin shot up.