Quote from: Justbillywitt on Today at 06:34:53 PM

Quote from: martinex on Today at 01:47:46 PM

Quote from: Kelvinid on Today at 01:01:48 PM

Maybe they will but I'm not sure if some of these investors still manage to hold until now or if they sell it before it hits $50k.
Those who have strong mindsets will still hold and accumulate more but those who are easily affected by the FUDs and rumors, exactly they got in panic and sell their BTC at low prices. We never expect everyone to hold and wait for the new ATH because many investors are weak.

BTC is already $60,798 and being able to survive this to date and purchasing the DCA model is an extraordinary achievement even though it is not yet full. Well, regarding some people who sold their BTC before today's increase, I don't think they are weak in holding their BTC, they just have to sell it urgently for important daily needs.

I will say it wasn't really a good idea selling bitcoin at this point when the price keeps maruding forward and the halving around the corner. Selling your bitcoin yesterday and seeing the price surging ahead is definitely going to have some psychological effect of that person. Bitcoin is heading above the $100k as speculated. If you have been holding bitcoin coin till yesterday or today you can keep holding. That's why it's advisable to always have other source of income Incase of emergency. Bitcoin is the new trend and if you are opportuned to have it, don't lose it cheaply.

hmmm this interesting and you right, there's a reason why they keep on advising us to not go all in (definitely sound like gambling). So that we can actually hold our Bitcoin for long, focusing a certain percentage of your earnings in accumulating more bitcoin while the other percentage can be use for emergency funds to coverup expected and unexpected expenses. So using DCA strategy to accumulate certain percentages, that you can stay without relying on or planning to use. Because if actually use funds that are being set aside to cover relevant stuff or expenses you may endup running back to your investment which may cause premature withdrawal of your investment. To avoid such have good sources of income and always use good principle in your accummulating by not going all out but investing with a certain percentage of funds you could hold for long, and try to be Persistence in your accumulation and you would see how see the growth your portfolio would undergo as time goes on.