Post
Topic
Board Trading Discussion
Re: Sold my BTC (with profit) , what to do? Rebuy and Hodl? Wait for dip?
by
HasHe
on 17/11/2017, 23:53:47 UTC
Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.

I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.

When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost  all my profit.
There seems to be no chance for a price dip now.So,better you buy it now and the loss you face of $450 will get compensated once bitcoin price soon reaches ATH.Just bare this loss and buy bitcoin and instead,if you calculate this loss of $200 and stop buying bitcoins,then you would have to regret for your decision as bitcoin price would soon move in the upward trend.