Quote from: kevinzxz on Today at 12:36:16 PM

Quote from: xcaret on February 06, 2021, 06:56:45 PM

This morning BTC has returned to it's ATH of Jan 8,2020.

Since it's fall ,there has been speculation here as to where it would go next .

Many were /are convinced they knew where it was heading .

How about you ? DID YOU BUY, SELL, OR HOLD ?
And now what are your plans ?

if I personally will buy Bitcoin and HOLD for the long term, because I believe the price of Bitcoin will increase very high if Bitcoin Dominance and market cap still continues to increase, therefore I still have the courage to invest in Bitcoin until now and I believe if the price of Bitcoin can reach $50k-$60k, then I will sell my Bitcoin gradually if the price of Bitcoin increase according to my target, that is :
1. I will sell 50% of my Bitcoin when the price at $50k
2. I will sell 25% of my Bitcoin when the price at $55k
3. I will sell 25% of my Bitcoin when the price at $60k

People said similar things at $500, 550, and 600. And then again at $5000, 5500, and 6000. People even said the same type of thing at $50, 55, and 60. The people that sold at any of those points may be regretting it now.

A 50k-60k price range implies little growth from here. The previous halvings and fiat price growth thereafter have been orders of magnitude increases. Things like Taproot, and corporate adoption have the potential to increase fiat prices (not to mention inflation) by 1 or two orders of magnitude, not "only" 10% or 20%.