Post
Topic
Board Trading Discussion
Re: Hold or Sell
by
FelixTheHat
on 02/05/2017, 06:13:12 UTC
Maybe we should hold all the bitcoin we have right now. There is a possibility that the bitcoin price will reach $ 1400 in the near future. Maybe some people will regret that they are in a hurry to sell a lot of bitcoin at $ 1300
BTC already break the 1500$ price as you predict. I think you have a good profit right now because you decided to hold on your Bitcoin. The altcoins right now are very bloody. They are all starting breaking into pieces except ETH that reach an all-time high price. Holding is the best thing to do right now so that we can limit are losses on altcoin and maximize profit on bitcoin.

I think not as bloody as they look. I got quite a shock this morning at all the red. But then I realized that bitcoin had risen 8% against the USD - which means any altcoin that is less than 8% down against BTC is still ahead.

I later learned that this boost is coming from Japan (where I am) via Bitflyer exchange. Some of this money will be going to altcoins before too long, though it may take a while. Pretty sure Bitflyer strictly trades BTC and JPY right now. For my part. I think coins with some recognition in Japan will do well - those include Ripple, Ether and NEM/XEM.