Post
Topic
Board Trading Discussion
Re: Sold my BTC (with profit) , what to do? Rebuy and Hodl? Wait for dip?
by
betlord90
on 18/11/2017, 03:38:48 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.
As always the best thing we can do with bitcoin is to hold. If you want to buy some bitcoin just hold and wait for the dip then if you want to sell just hold and wait for the high price. Everything is just about holding in bitcoin you must be ready about the pattern of bitcoin the Ups and downs.
Well make a firm decision and take the risks in investing becaus bitcoin market is very volatile. It can suddenly dump little and continues to rise. You may wait for the dips for a few days or buy because I feel bitcoin will continue to high.

Good decision making is really needed since the volatily of bitcoins s quitely crazy right now and If people could wait for another dip then they must do it since bitcoin for these past days are touching down for 8k$ and then the dump comes, And if we could spot or buy then maybe we can earn with another pump that will came on bitcoins on next following days. And I think the Segwit is officially continues since coinbase had email me about it.