Quote from: adzino on Today at 04:59:47 AM

Quote from: Zorigi on March 18, 2023, 03:05:26 AM

hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

It's really impossible, if not, hard to predict the exact direction of Bitcoin's price in the future, but if you look at the charts and zoom out, you will see that historically there was always an upward trend in the long run. Of course, there have been ups and downs along the way, and past performance doesn't guarantee the future. So, whether it reaches $50,000 or not in few years, that is hard to say, but it will eventually happen. If you're unsure about selling your Bitcoin now, consider making some financial goals and set your own risk tolerance. Maybe you could sell a portion of your holdings to cash in some profits while holding the rest for more profit. This way when the price goes up, or crashes, you won't be losing much. Just remember, as long as you haven't sold, you haven't lost anything.

Though it may take some time before Bitcoin can fully recover, I also agree that selling it right now won't be the best decision, Bitcoin reaching to 50k mark is bound to happen soon and with BTC slowly recovering, I believe now's the best time to continue observing on how far this upward trend will go before making any decision regarding with how much you are holding.