RE:Bitcoin went through 30K like butter, next stop unknown...
CriticalMind55 wrote: What will happen next week when all institiutional investors return, it can go up $10 - 20 but at one point there will be profit taking, and it can drop when all poting upwards, do you buy more, wait? sell half to buy more later? even when you are making money can be stressfull...
I see no reason to sell when the FOMO is just getting started and there's no established resistance level. I seem to remember way back when it went from $200 to $1000 in a matter of days. Proportionally that's the same as $20k to $100k. Not saying it's going to do that in days but it could get there on this ramp. It could then crash right back down to $50k based on historical patterns.
But Bitcoin continues to be a buy-and-hold succcess story. I would sell if you need/want the money, but I wouldn't try to sell in the hopes of buying back cheaper. Bitcoin can really make you pay for bad timing decisions.