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)?
I prefer to sell when price is high and buy back when price fall after correction.
But sometimes I sell early and price goes up more but that is the part of bitcoin trading.One can never predict precisely how far price would go
yes i also give preference to selling when i realize that the price of bitcoin shoot up, but previous time when the price of bitcoin reached to 1150 USD i just hold my bitcoin because it was expected that very soon the price of bitcoin will shoot up.