hallo guys, i am new to trading btc. and days before the bitcoin gold fork, i was advice to sell my btc (which i did) because it was suspected to drop in price few days to come. But surprisingly, from then till this very moment, btc has been on a continuous rise. now btc is at $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
You should wait and keep calm, the market try to find their pattern. BTC price too high to buy and too many news about btc that can give negative impact into it. This is the end of the year, everything could happen and we need to prepare about the risk. For safety, I suggest you buy btc after the end of the year and try to find the buy area using long period time. Have a nice day.
As present price is fluctuating in between 10k and 11k get it to some stable point then sell and if you bought it in September then this time must be suitable for you to sell but it depend on the mindset and mine mindset is I will sell when price will be above 15k and I want to earn more because I bought in the previous days maybe many people are aiming with me to sell at 15 but my value is not stable it may vary to 20k also,