Quote from: wmaurik on January 24, 2023, 01:58:32 PM

Quote from: ethereumhunter on January 20, 2023, 05:00:58 PM

Right. This was a small pump before the arrival of the big pump in the bitcoin market. It looks like this bitcoin trend will continue into next year, where there will probably be a lot of people who will still invest in bitcoin because they have a high potential for a high price increase in bitcoin. We can use Bitcoin as a short term and long term investment, especially when we bought bitcoin for under $20k yesterday and wanted to sell it for $25k. But we have to remember that bitcoin can go anywhere.

If in the near future Bitcoin can go to $ 25K from its current price, I still really want to keep holding it until the next price level is formed because if the trend of Bitcoin continues to be positive in the market. Of course the price increase will also continue to occur even if it seems slow, but it will be strong enough for Bitcoin to stay at a better price. Even though the possibility of a correction is still not gone, but I don't see a big correction at this time and that won't be a reason for me to sell Bitcoin faster this year.

I will hold onto it even if the price later can pass $25 or even $30k because my target to sell bitcoin is above $60k-$70k. I'm okay with holding bitcoins a little longer and that is an advantage for me because I can use that time to buy more bitcoins before the price gets a long rally to higher prices.

The bitcoin market will turn positive and is only a matter of time. I can still be patiently waiting for it while I can still do other things to wait for the price to start increasing high. And a correction like now will still occur on bitcoin's journey to a higher price and we shouldn't need to panic and worry.