Quote from: Ridwan Fauzi on Today at 09:09:56 PM

Quote from: katrina2 on February 22, 2021, 01:32:28 AM

What is the top price that you may think bitcoin will reach this year?

It can be more than that or $52.000 was the high price that can be reached by bitcoin, who knows?

How many bitcoin that you have so far? First of all you have to make a decision for how long you can hold your bitcoin? I mean if you have intention for long term investment then hold it until the high price like $100.000 is reached. Don't ever sell it before the $100.000 hasn't reached yet, although at the current price bitcoin is dropping and touched below $20.000.

I stop asking myself how long should I have to hold co I realize that I wasted a lot of time waiting but instead, I consider the market price as the measurement for me when to sell or remain at hold.

Quote from: Ridwan Fauzi on Today at 09:09:56 PM

Because when the next bull run comes bitcoin price will increase and pass its all time high $52.000. You have to remember when the all time high was $20.000 and fall to $3500 and its price start increasing. When the all time high has been passed take a look with the price movement, it is really promissing even can touch $52.000. So, when the current all time high has been passed then $100.000 is rational price that can be passed.

We really don't know yet what happened next but the market seems to show a decline which apparently causing panic to some investors. I just thinking how these panic sellers will affect the price as they usually dump their Bitcoin in the case that they saw a sentiment like what we have now.