Just hold, don't sell unless it's necessary. With this wholew ETF story some people have begun to panic and sell but without reason. We have witnessed some minor dump or better to say correction but Bitcoin price is on the way up again so you will profit the most by holding coins.
That's the problem of bitcoin investors , most of them are scared when the price even drops 20$ thinking that bitcoin is over and the price is failing but they don't understand there will surely be dumps in an investment like this. Plus that freakin china is simply creating more tension among the investors.
Yes,I guess you're right about the Chinese government trying to make people panic sell and they are trying to make their believe in their Yuan because they believe bitcoin had something to do with Yuan loosing value and it good for we bitcoiners that we have a lot of new organisation, community, state etc. Believing in bitcoin but something must be done with the increase in bitcoin transaction fees.
In my opinion its better to sell a part of investment and hold another part. With the hard fork / segwit battle, its difficult to know what the price will do, i suppose that if we had a fork with two chains prices will go down. But on long time, i think that we will have higher prices in one or two years.
In the long run the price won't be much affected, but in the short term this potential fork can turn out to drive the price down to possibly sub $500 levels. In that regard, it wouldn't hurt to liquidate some of your Bitcoin holdings to have a good sum of fiat aside for when the price reaches such low levels. Traders always prepare themselves for every possible scenario, and this whole fork situation is definitely not an exception.
I think it is better to sell some bitcoin to buy the good altcoins. When things are settled, buy back the bitcoin.
Right now it is too late as most of the good coins have gone up and Bitcoin price is also below $1100 so it is better now to wait for some time till the hardfork is cleared.
Trading of altcoin is good and bad sometime just like doing business in the real world because most of the altcoin you see that gain some increase in price can loose their strength in a snap of fingers. But you still want to invest in altcoin will advice to invest in some altcoin which as exist for a long run.
i dont recommend that. In the long run bitcoin will outperform all the other altcoins because bitcoin is the best crypto around. Buy in pump altcoins and cash out at the top to transfer your altcoin into btc again. Dont stay in altcoin longer than a week.