I've been holding BTC since 2020. 2 weeks ago when inflation data came out saying core CPI went up a lot i sold my BTC at 18,000$.At first it seemed i made right choice since stocks went almost -3% premarket and i thought we're gonna have final capitulation in both stocks and BTC, that it will go down to 13-15k.
Well when market opened everything just went up, ended like almost +3% at the end of the day. It was the perfect explanation why you shouldn't time the market. I made a huge mistake and i really refuse to buy BTC at now higher price.
It really seems BTC bottomed at 17.5k and stocks(SP 500) at 3480.
Now market is pumping like crazy,its obvious we won't go back to 18k or below.
Good luck to all, i hope you're smarter than me
You dont hold guarantees that bitcoin wont dump again and wont be back at $18k or below. For as long as the bear market continues, there are always price dumps along the way, or even a price bull trap may appear and then eventually bitcoin price moves sideways. So this is not a really big problem, you can buy back anytime you want or just simply wait for another perfect time to buy again as its expected to happen in the following days.