Post
Topic
Board Speculation
Re: Sold
by
kevinn669
on 30/06/2017, 16:46:06 UTC
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?
Selling only a partial amount of your holdings for profits is really a good idea instead of selling the whole volume and then regretting when price increases.I have seen many people selling whole of their stocks either when price gets down or increases and then feeling that they could have partially sold.

Indeed a smart move. Selling some part of it is a must. Others sold all their coins just to make a big profit but didn't turn out to what they think. Not being greedy with the outcome but sometimes we better think as many as we could when trading and investing. So congratulations to you mate for your sure thing move.

Many people have been doing this for a long time already. The dedication should be aimed at a constant increase in investment. That is, we must increase the number of our coins in the wallet. And when the price of bitcoin grows, we get a big profit. And when it falls - we have a good chance to buy even more coins