I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?
It is pretty high these days and it is staying right now at $11,000. It is high so the only possible movement of the price is down but I doubt it will be reaching way back to $9,000, maybe at $10,000 but not gonna touch back again $9,000.
For me it is better to wait for some good movements before deciding to buy again. This is the last month of the year and most of the good prices and ATHs happened in the last month of the year. Better be patient mate.
from my experience towards the bitcoin the price of bitcoin will not fall again soon because now a days the demand of bitcoin is increasing by the people by which the price of bitcoin is also increasing countinously. But there is always up and down take place in the price of any currency in the market so with bitcoin also there is also up and down take place only. So it is good time with bitcoin and take advantage from the bitcoin.