Post
Topic
Board Economics
Re: Sell Everything?
by
jaysabi
on 12/03/2016, 04:56:21 UTC
I will not sell at a moment, I will hold it and sell after the halving is done, I think this not a profitable price to sell, so saving and holding for next couple of months is right thing to do.

I think the best moment to sell the hold bitcoins is after the next halving, selling now isn't profitable in my opinion.

Yeah, selling at current price is not profitable enough, so if you hold it till the halving then you can expect some good returns out of it.

It seems the halvlng is the magic time point, the price will rise to very high level at the time. But who will buy then?

Everyone seems to think the halving is magic and will singlehandedly cause the price of Bitcoin to skyrocket. If that's true, it'll just be a bubble because everyone will be pushing the price higher because everyone thinks that everyone else thinks the price is supposed to go up. It becomes a self-fulfilling prophecy until the bubble pops.