And bitcoin is already more expensive than $ 16,000

  • Dec 11, 2020

Today Bitcoin has crossed the threshold that many feared. It now costs almost $ 16,300.

And bitcoin is already more expensive than $ 16,000

A sharp upward movement began at the end of October (https://ammo1.livejournal.com/1188767.html) and continues to this day with small dips.

And bitcoin is already more expensive than $ 16,000

But this does not mean at all that you need to buy bitcoins now in the hope of making money. Further, it can both grow up to 20 thousand and more, and collapse at the moment.

In December 2017, Bitcoin rose to $ 20,000 and began to plummet. I expected a return to growth, as it seemed to me, until the very last moment, and when it fell to $ 4000 I sold more than a third of what it was (now I regret it).

I really want not to repeat the mistake again and have time to sell bitcoins as soon as the big fall begins. Probably for this you need to store bitcoins not in wallets, but on exchanges, and probably you need to learn how to set stop losses. But exchanges tend to die along with all clients' money.

Interestingly, there are those among my readers who use it all correctly. What trades can you trust? How to set stop losses correctly (with what is the gap between the trigger price and the sell price and at what level from the current rate)?

instagram viewer

And in general, how to correctly withdraw bitcoins when it is not about withdrawing to cards and all sorts of Yandex. Money. When I last withdrawn in 2017, in order to keep up with the falling rate, I exchanged bitcoins for dollars in Perfect Money, and then calmly withdrawn them in cash. But such a conclusion cannot be called profitable (commissions at each stage). Maybe there are better options? Do I understand correctly that USDT cannot be withdrawn from exchanges?

And yet, it is very curious how much bitcoin will cost on New Year's Eve. More than $ 20,000 or less than $ 10,000? ;)

© 2020, Alexey Nadezhin

You can contact me in Telegram @ ammo1 and by mail [email protected]For ten years I have been writing every day about technology, discounts, places of interest and events. Read my blog on the site ammo1.ru, in LJ, Zen, Mirtesen.
My projects:
Lamptest.ru. I test LED lamps and help figure out which ones are good and which are not so good.
Elerus.ru. I collect information about domestic electronic devices for personal use and share it.