Post
Topic
Board Speculation
Re: Prices are rising
by
timerland
on 18/02/2018, 07:09:26 UTC
With the current rise in bitcoin prices there may have been a lot of profit with bitcoin purchases at around 80 million, do you still hold or sell them today?

I would hold. The ship's steady right now and I think we may be taking a charge at $11k.

Floor is $10k, we're probably not going to go down below that figure for a few weeks. So even if $11k proves too be too strong to go through at the moment, it's just going ot be a small correction. I don't see a major crash coming.

If you need the cash, then sell. Otherwise, if you do have your BTC as an investment, then hold. If it's short term, set yourself a target at around $13-14k to sell. If it's long term, then don't even worry about the price imo.