Post
Topic
Board Altcoin Discussion
Re: Be patient and you will be there soon.
by
taufik0911
on 17/07/2023, 04:24:42 UTC
Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Patience is indeed crucial for BTC holders, especially when awaiting a bull market. The timing of market cycles can be unpredictable, and it's essential to stay focused on long-term goals. Congratulations on purchasing BTC at $20k last year, and it's promising to see the price rise to $30k. Remember, setting realistic expectations is important, and selling decisions should align with individual investment strategies. If the price reaches $40k next month, it's a personal decision whether to sell or hold. Some may choose to secure profits, while others might have a higher target in mind, such as $100k. It's crucial to evaluate the market conditions, conduct thorough research, and make informed decisions based on your own risk tolerance and investment objectives. Holding onto BTC can potentially lead to significant profits, but it's important to continuously monitor market trends and adjust your strategy accordingly