Quote from: Cipherpz on Today at 05:00:59 AM

Quote from: mich on Today at 04:37:32 AM

Well if you are even thinking of going to sell your Bitcoin you do not like profit. Bitcoin did hit a new all time high of 123k and now it is back down to 118k.
I do think we will see this all time high of 123k before we do end this month. So we should not want to sell out Bitcoins. We can buy them for cheaper now and wait for us to go back to the all time high and then more.

Any decision should not be made solely based on price because the market always reacts in the same way. You should consider the market context, trends, and your investment goals. If you have a long-term plan and the main goal is to hold, then taking advantage of the price drop as it is now can be a great part of your DCA strategy. If you trade in a hurry hoping for profit, it can also be dangerous. It is wisest to make decisions based on your risk tolerance, emergency funds, time frame, and goals. Investing based on information, logic, and market demand analysis, rather than emotions, is the only way to get sustainable and real results.

It can be dangerous to expect too much that the price will reach 123,000 because no one knows for sure the future of Bitcoin. The price can go up or down and vice versa. Of course, decisions should not be made based on price. DCA strategy should be considered, risk and investment goals should be considered. In addition, I would say that it is better to pay attention to market sentiment, on-chain data and major economic trends in Bitcoin investment.