Post
Topic
Board Speculation
Re: Bitcoin reaches the price of 1500 USD do we have to sell or we save?
by
btc_angela
on 03/05/2017, 13:16:37 UTC

Time I was really confused, bitcoin prices have gone up to more than 1500 USD, I have little bitcoin deposits whether at this time should I sell or should I save to wait the price more than the current price that may reach the price of 2000 USD?

What is your opinion for me right now?

The opinion of each and every person will differ in this forum, so try and understand what is in best interest. Since you say you have little then I suggest you can afford to hold it. In case you need urgent cash, sell it. However my personal opinion would be to hold it and hold it tight. This is just the beginning and it shall keep on shooting up and up. There is no need to panic sale now and it's best to keep them and at a later date sell them. But do consider your finances before you make any decisions.

Exactly, It's based on what the individual situation to sell or wait. If they need the money now, then why wait? But for me, I would like to save more bitcoins because its getting higher everyday so long term investment is really good. Just save like 10% of your salary to bitcoin and it will multiply exponentially in the next years to come.