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Re: Do you actively spend your bitcoins?
by
DoublerHunter
on 09/07/2016, 10:44:38 UTC
now I'm not spending my bitcoin what I can do now is to save my income bitcoin to my wallet and sell if the bitcoin goes high, then hold again when the bitcoin is low, I'm waiting for halving , may be after halving, we will find out what will happen.
You need to have a specific number as a basis on how you can identify the price as high otherwise you will be waiting forever and you might miss your chance to maximize your profit.
Yeah that's right we need to set a specific price which we need to wait to sell our coins because if we didn't set a goal for the price we were just waiting like we see the price is $800 but we don't have a goal and we just keep waiting and the bad things happen like panic selling happens and that $800 price fall to $400. That is one of the disadvantage of just waiting without a target price.