Quote from: pixie85 on August 15, 2020, 03:43:57 PM

Quote from: pilosopotasyo on August 15, 2020, 03:00:15 AM

Quote from: jonathan6655321 on August 03, 2020, 06:23:54 AM

I was in the market few years ago when bitcoin almost reached $20k. I wasn't acting then (hodling for few years already) and I think a lot about when I should act next.

I wonder what other people who hodl bitcoin for few years plan to do.

Do you have a price in mind than when bitcoin will reach it, only then you plan to sell?

I'm buying low and selling high so every price increase is a reason for celebration for me and if Bitcoin reach another all time high and reaches $20 k I'll have a small celebration because it's another milestone to celebrate an all time high that we all we are waiting for.

If you buy low and sell high will you buy or sell at 20 thousand? Will it be low or high?

The answer isn't as simple as most people think. When Bitcoin broke 1000 dollars for the second time that 1000 from being an all time high became the starting point of another bubble and years later we see that we've never even come close to going back there. So we can say that the ATH of 2013 became the no entry zone after the next halving and remained like that for another 3 years.

Its active trading and its totally different when you do held up on a certain price point that you had bought back when its still cheap.