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True. But holding is the logical choice because like everyone else's here, we are still positive that bitcoin can recover from all of this shenanigans created by those who want's to manipulate the price. We may regret not selling when the price is $4700 but who knows, after everything is straighten out we might see the light at the end of the tunnel. So I will hold and buy from this dip, simple as that.
"here" is the speculation board and most people are here to trade bitcoin for the most part. so obviously holding is still an option but trading is the dominant goal here.
when selling you need to have plans and a damn good reason for it too. if you are selling based on panic or a fear that price might go lower then you are better off holding. otherwise when the FUD
starts it is a very good time to sell something and wait for the bottom to buy back.
for instance if you have 10
BTC and you are trading with 2 of them. you sell it at $4300 and wait for the bottom. lets say it is $3700 and buy back 2.32
BTC and that is 0.32
BTC pure profit.