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??
Edit: If you are wondering at what price, i sold at $5720. I bought Litecoin with ithat money.
you sold it with good price but if you sold today will gain more Because price now about 6.039$
That's the problem with shorting. It's very hard to tell when to exit and when to get back in. Which is why rookie traders shouldn't even bother and just hold.