Post
Topic
Board Trading Discussion
Re: What do you do when BTC shoots up?
by
jeraldskie11
on 10/02/2017, 15:32:17 UTC
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)?
If the bitcoin shoots up. I probably choose to hold bitcoins. I don't believe that bitcoin will be came down again because I know when its start to increase it will continue. Then if I need a dollar to buy my needs I will sell it into dollars so that I can buy what I want. So I choose 1 and 2.