Post
Topic
Board Beginners & Help
Re: do not exceed your targets
by
CryptoHeadlineNews
on 25/04/2023, 23:39:46 UTC
I have learned something so important in the previous bull market that got to about $30k . When the price of bitcoin was $21k I bought some bitcoin and after getting this amount of bitcoin I had target if it gets to $30,000 I will take profit, luckily it got to the price I was targeting but I was reluctant to take profit like I planned thinking the market price will go beyond $30,000 to get more profits but unfortunately the price didn't continue to increase,  but I'm not worried about that because I know the price will definitely increase again and I will get my profit of target.

I'm saying this because of some people who may have a target,  it is important for them to hodl to their target and not be carried away by the increase of price of  the market. The market can never be predicted, hold to your target and never be too greedy to make more profit. There is another day for another profit. This is important for people who have been patiently waiting for their target .
That's a very good advise you just mentioned as stated above, because if I could remember, the last time Bitcoin had a price of $21k per BTC was 4 months ago (December 2022), which means if only had you invested a whole 1 BTC, by now you should have made a profit of over $6k since the current price of BTC is $27k. But however, I'm sure if Btc could break this $30k resistance, it will likely hit another high price of the least $40k in few months from now. Because from this action of yours it clearly shows you are one person who truly believe in Bitcoin.