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Re: What do you do with your btc?
by
chaser15
on 11/08/2016, 08:51:28 UTC
I'm just holdings it for price increases. When I'm in need of hand cash and that's the only way to spend my Bitcoin money 🤒🤒

I'm doing the same thing, earning and storing them in my wallet and when i will need some money in coming time i will sell some of them to do my works in practical world.

Well if you doesn't have any reasons yet to use your coins, it's fine if you will just save. But remember that even you don't use for bitcoin and just holding, take note of every possibility that price may suffer a large dip.

Learn to get out to minimize those expected loss.

Yeah holding too long can be risky if price drops in future, its always to make quick profits by selling at right time when price goes higher, and buy again when you see price drop.

Yes. That is the common doings of a big trader. No way a big whales will hold their coins for a long period of time.

A trader must take advantage of every possible trend rotating around the given price level or range.