Quote from: Davian144 on June 16, 2023, 11:32:14 AM

Quote from: 19Nov16 on June 15, 2023, 04:32:08 AM

Today there is a correction that is around 3% and makes the price drop below $ 25k, of course many are worried that the price will continue to drop and below $ 20k, this proves that the strategy to sell immediately when a profit is at least 10% is the best way, We see whether Bitcoin can return to $ 30K this month or not.

You also only saw the drop in the space of one day because not long after you saw the drop, the price of Bitcoin slowly made its way back past $25K again although it still looked quite difficult to get to $30K. I'm still pretty sure that Bitcoin can surpass $30K even though it might not happen this month, but in the next month it is still possible for it to happen as long as price improvement continues in the market.

And for the sell strategy when you see a 10% profit on Bitcoin, I think it is only used by day traders or short term traders because maybe they are afraid to keep Bitcoin for a long term, but if you yourself want to run such a strategy also not a problem because it depends on the wishes of each person.

Corrections and price pull backs do happen which is really that normal in so called market that we are dealing with. The difference of this market into other market is the level of volatileness on which we
do really need to handle it out on which it would really be that the main thing that we should really be looking at because if you dont pay attention then you would really be missing out opportunities for you to make profits on selling out on the right time and cant be able to buy on the bottom when the price corrected. So its better not to make yourself that too hopeful about on things on looking
for it to be that too bullish most of the time because this isnt how this market works or behaves on which it would really be that totally kind of thing which you would really be needing to
adjust and versatile on whatever things that you would really be encountering. Market doesnt really have that continous price rising on what we do have in mind.