Post
Topic
Board Speculation
Re: What is your take on the pump coming?
by
AnonBitCoiner
on 02/06/2023, 19:00:10 UTC
I hope the price of Bitcoin will soon reach $ 50k or 2x from the current price, the most expensive price I bought is around $ 56k and if selling at the current price of course I loses, I have also sold around 40% Bitcoin at $ 34k because I really need money , now I will hold and buy more before the pump occurs this year.

This is what the experts advise that don't buy at high price because market is not guaranteed about its success therefore higher price is best option for selling and not for buying of crypto. There is no doubt that bitcoin will soon rise but at the price which you have bought bitcoin is very high and it will takes time to recover such money easily.

You need money and you sell bitcoin with loss so yes everyone needs money in harsh situations therefore before investment thinks twice or more that the step which you are taking is worthy for you or not. Investment is easy but taking profit from it is not an easy task so you should be conscious about each and everything as future is unseen and crypto is volatile.