Quote from: Betwrong on Today at 09:59:46 AM

Quote from: Road21Bitcoin on August 17, 2022, 01:35:15 PM

I think Bitcoin will never reach the price point of $1000 again we're already in a booming phase. People now are aware about Bitcoin it's a matter of time that the whole world will adapt to its trend. If ever the price of Bitcoin crashes below $20k I'll buy no matter what because it's an opportunity to make a fortune. It's a lesson for me if every time Bitcoin price crashes it's time to buy and some alts then hold it, wait for the time to sell it.

Only don't sell everything when the price is at ATH. Remember, in December 2020 the price of Bitcoin went to $22k and it was a new ATH, but it was $40k 3 weeks later, and it was $63k 4 months later. I think those who sold everything once BTC price reached $22k were not very happy about their decision in later months.

What you say is right, and price higher than the previous ATH is a good selling point for users who have invested at the bottom. With the cryptomarket none Know when the price drops and when it'll bounce back. Holding is good, but we need to have alternate plans and strategies to define the peak price of bitcoin. There are people who have missed $63k and now holding at $22k.