Post
Topic
Board Speculation
Re: Consolidating BTC
by
dezoel
on 17/06/2025, 15:55:00 UTC
People who think this way are very fearful and they will continue to miss out on opportunities. We're in a bull season and someone sees a retracement but they're still scared on pulling the trigger on something they had long wished it was any cheaper. Here nature (market) presents them with that opportunity but they decide to waste it. The only time I will become contemplative on taking profit is when Bitcoin surpasses $150k, and that will depend on how the candle that breaks that price level closes. I gave my reason for that in my previous posts in different threads.

Look at how Bitcoin is performing despite the skirmishes between Iran and Israel. If it were before Bitcoin price would've kept on dumping. That's not the situation now. Once there's any dump, buyers fill it up. Bitcoin is back to $108k+ from its below $103k two days ago or so.
He is positive there and then doing scalping seems pretty risky. So, I don't think people like the OP are fearful. They don't miss opportunities but they always grab it when do scalping, except only if they are only good and telling and there are still no actions that are taken. As for the other, I won't also say that they are fearful but for them, they think a better opportunity can come if the price dips a lot.

In fact, they are brave too, because what if what they wanted didn't happen? To be contemplative is nice and helps prevent people around you to beg but $150k is a serious gain, so many might also be very happy and talkative about it. There is also no problem about it IMO.