Post
Topic
Board Trading Discussion
Re: Sold my BTC (with profit) , what to do? Rebuy and Hodl? Wait for dip?
by
creeps
on 18/11/2017, 04:38:24 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.

You should hold your bitcoin base on your needs, I can’t say you made a wrong decesion because at least you make profit. You can’t buy bitcoin again at around $5500 because the price of bitcoin will continue to go higher even corrections happen.