Quote from: thepo1m on January 10, 2017, 05:56:23 PM

Quote from: whizter on January 10, 2017, 05:10:58 PM

Quote from: agamasrori on January 10, 2017, 02:58:37 AM

Quote from: aaseb on July 08, 2016, 12:39:09 AM

Hi,

I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?

It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need.

but think those people who have bought bitcoin below 600 USD i think it also still good time for them to secure a good profit. but still i can say that it is good time to hold bitcoin. because still the price of bitcoin is going to increase.

I agree with you, it all depends on your entry point, the last Bitcoin I bought was around $420 range, even with the so called dump I still have 2X already and I know after this correction the price will move above $1000. the era of less than $500 BTC is gone

With a $420 entry I think you are safe from any further dips, so I would just focus on trying to profit from the big peaks, sell a bit and rebuy. Of course the ethernal question always remains: When does a pump stop? impossible to know. The last pump stopped at 1139 and it could have stopped at 1500...