I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??
I wont say it is a good move but it is not a bad move either. Considering you really sold all your bitcoins, then you wont get some free money after the fork on November 2017. You should have had sold it just a few hours after fork, you might get returns on selling your bitcoin stash by that time plus you might get free money. Still, it is not a bad move to hedge after all, there is a chance that bitcoin will fall really low after bitcoin fork.
It's because these things are depends on our needs, and we can't really blame those people who always dump there coins when they earn since maybe they are in need and cannot able to wait for more longer months to stake since he is jobless. But those kind of guys will be feel sorry but they will just smile since they are still happy enough to earn eventhough the rise is occuring.