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
The market had done this before and you don't need to panic about the market because what will happen will happen. You shouldn't have bought again above $18k because the market is going to range like this for long and all we need to do now is to buy at a very good pri e and keep holding. Many of us that are short term holders will not have to holding when others are selling so that they can keep making money when they market too is not that favourable to every traders. We need to learn about the market more and get better understanding about the market.