Post
Topic
Board Trading Discussion
Re: What do you do when BTC shoots up?
by
buyinbtc
on 04/03/2017, 21:50:46 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)?

Well i always have few bitcoins that i keep not matter what, even if price would rise to 2000$ - i would still keep them. There is no point to sell/trade all bitcoins in case something wonderful happens.

And rest of my bitcoins, i usually sell them when i feel that price will not rise more, then i usually wait day when price falls by 10$ and buy them again, since i have few bitcoins i usually get around 30$ a day from this. I would do same even if price would be few thousands.