Post
Topic
Board Economics
Re: Investing money on bitcoin..!
by
tbterryboy
on 21/09/2017, 08:06:49 UTC
While others might be compelled to sell right now, the risk takers are willing to buy on dips with the thought and hope that the price is going to make a rebound soon. After this little storm has passed, bitcoin is going to be in demand again, while more places are going to accept it as payment. Holding bitcoin a little longer instead of selling right now might serve us better in the future.
I sell and at the same time hold. If you’re going to take my advice, I would say sell half, and leave half in wallets. Make sure you recover everything you invested plus more, then you can begin to save, but don’t stop selling. I know why I’m saying that and if you reason properly, you will know what.
I suggest not to sell your bitcoin without any need. When you need fiat currency then you can sell out half of your bitcoin. Otherwise it will be more better to keep all the bitcoin in your wallet and when the price grow more and more then you can sell some of the bitcoin to darn money or spend some bitcoins to fulfill your needs. And the rest are your assets. Don’t even think to sell them all.