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?
There are actually two options in managing your Bitcoin portfolio. Others do not just hold their Bitcoin investments all the time. They will hold them while the price is increasing but when they foresee some dipping in price because of correction or certain news that will definitely negatively affect Bitcoin's price, they will immediately pull them out. Some others however are pure hodlers that will not mind the market fluctuations of Bitcoin's price.