Post
Topic
Board Speculation
Re: What will you do when Bitcoin reach$20k?
by
wxa7115
on 18/08/2020, 16:31:38 UTC
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?
When that time comes I'm going to keep watching the market and the reason for that is that particular level is going to be critical for bitcoin, if that price is reached there is the possibility that many people decide to begin to sell their coins because they are afraid that the price will begin to go down, not realizing that their actions themselves are going to be one of the main reasons why the price begins to go down.

However if bitcoin can surpass that level then you better prepare yourself because the market will skyrocket and there is no telling how high it will go this time around.