Quote from: tabas on August 11, 2021, 10:47:43 PM

Quote from: Natalim on August 10, 2021, 09:37:05 PM

Quote from: tabas on August 10, 2021, 09:22:38 PM

We will know that for sure. When it was down by $29,000 we've been stagnant and don't think that much but when it had surpassed $30kish that quick.
It's already a sign that we're waiting for. If it won't break $50,000 we'll set again our standards lowered. What I can say is that let's all enjoy this ride, it's favorable to us.

We just have to observe it first, I made some purchases when bitcoin dump below $30k but I'm not going to sell it anytime soon though I'm already at profit. I'm thinking of bigger gains so I'll be happy to hold this, besides, the ATH was $64k if I'm not mistaken, so $29k per bitcoin is not bad.

Already an almost 20% increase of bitcoin in the last 7 days, that's good enough to think the market is bullish.

We can always observe as that's what we're doing most of the time. Observing, looking at the prices from time to time, it's all that we do daily. Good thing that you've bought when it was on $30k and you're in profit already and it's also a good decision that you're not going to sell that quick. You can have your own decisions since it's your bitcoins and your money that's being invested.

We have to stick with our plan, if our plan is just to make like 5% profit, then we should sell if he hit that, with the bigger target, it needs us to hold longer and if that will be achieved, that would give us big satisfaction for investing in the space. If this is not a bull trap, we will probably see a new ATH this year.