Quote from: darewaller on April 25, 2021, 03:36:02 PM

I'm not thinking about to be having correction on monthly basis but unfortunately right now we are into a big correction phase still I am hoping for bouncing back of bitcoin prices toward a new ATH above $70k price levels very soon. As per many people are speculating there are good chances for bitcoin prices to get doubled from here.

Honestly I'm expecting more than $100k by end of this year. Because we are already more than half of that as current ATH so there are plenty of chances for bitcoin prices to be testing more than $100k by the times of end of this current bull run.

Finally, the bitcoin prices bounce up to $52k after a big correction.
You saw bitcoin price struggle hard yesterday and now, the time for bitcoin to increase already comes. But we do not know if this situation will continue or it will get another correction. The price will reach $72k soon but we still do not know when it will come.

I also hoping bitcoin reach more than $100k but we can not expect that will happen soon because we do not know where the market will moves. What we can do this year is trying to make a profit many times, especially if the market starts the rally.

Quote from: beerlover on April 25, 2021, 08:30:34 PM

I think that is a big of a task for many people, specially people like me. I mean I would love to buy at the low price and sell at the high price before it crashes and buy again after the crash and keep doing this until the 100k price. However I know myself, I will end up putting money at the top and selling at the low, end up losing money while everyone is making a profit.

I have tried trading, still do trade with small amounts (unimportant, tiny, like 100$ or so) and I can tell that I rarely ever make a profit from it. This is why I think it is obvious for someone like me to just buy and hold, that way I can make 2x very easily without working or doing anything, just let it be. This works even if we are wrong, even if price doesn't go to 100k this year, it eventually will go there, all I have to do is... nothing, I literally have to do nothing, just wait and it will be there one day.

Yes, buy and hold can be a solution for people who can not trade better like other traders. I use that way too if I can not analyze the coin or bitcoin moves out of my expectations. I prefer to buy at a low price and hold it than to trade because I know the risk of losing the money, so I prefer to play safe.

That will okay if you do that because we will select what way to make us feel comfortable without getting confused about how and what we need to do. We can still make a profit in the end, although we do not do something but still, we can take profit like other people.