Wrong move if you sell your bitcoins right now. You can see that price is going up day by day , so its better to buy and buy bitcoin right now ,to get big return after 3 months.
The price now is at $1,200 and think about if you are going to sell now. We are still hoping for some big investors to invest with bitcoin for this year and for the next years to come. And we'll if you are a long time trader, you will wait for some more time before selling. But I can't help myself sometimes I need to force myself to sell some when there's a need.
It's stupid to sell now while seeing the price is still moving up, let's not waste this opportunity to earn more and learn to discipline yourselves to be patient. Selling is just like ending our opportunity to earn and we never know when will this price stop and will fall again.
After March 11, we will determine what would be the possible movement of price but this time it's still good to hold.
It depends if you think that it's stupid to sell now, there are traders that are making this price as their goal. But it's good to wait for some more time because the price is going to keep on increasing and few more days left before the ETF for sure we'll see a great price movement of bitcoin. And mostly many will sell by that time.
those traders that you are talking about do sell now but they buy back in right afterwards.
people always forget about the buy back in part! when you are investing short term, you sell when you reach your profit target and also when you think this is the short term's high price. so you sell before the drop and then as soon as price dropped you buy back.
now this high is for example $1270 and the drop is to $1260
and unless you are a good trader with some tools at your service, you shouldn't be doing this.