So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?
If you have guts and you are a true risk taker then investing or doing cash ins now at the current price of 1250$ is a good idea because you can still make profit for the next few days since it is continue rising up. There still a best option if you want legit profits then that is long term hodling, it needs a lot of time but it is all worth it.
Don't just wait for the price to drop down it will be a big gamble if you do that. Because if that will dump you will loss money. patience is a virtue so just wait for the price to drop down because you can make some profit if that will be pump again don't gamble few days or weeks is not a big deal because if I were you I will wait for the dump to buy. Remember in trading we are buy low sell high so don't buy high because you will loss money it is a big gamble! Let's just wait. To have a profit just wait for your turn to earn waiting for it is the best instead of testing your luck.