Post
Topic
Board Economics
Re: buy high and sell low. or hold which one is it?
by
ajayramani95
on 31/03/2018, 06:20:10 UTC
after this major price correction. i want to see what are your ideas on this. lets say you bought bitcoin 2 years ago. you notice prices were high at 19,000$ should u sell or continue to hold? what are your thoughts after this huge correction?

it is probably too late to sell after holding since the 19000$ correction.
It depends on onw's perception. Holding Bitcoin for a long period of time would be a good idea and buying Bitcoin at low price is as well. Both will result to huge profit it will just have differences on the interval of earning profit such that buying at low and selling at high would be faster than holdong for a long period of time and waiting for its market value to be more expensive.
I will rather buy btc in dip and sell it in bull run at its peak to make profits..it's all about making profits..sometimes holding is not the right options and you have to decide by yourself...if you're happy with profits just sell it. Don't wait for 10x when it is already 7x .. Good thing is to maintan 25% fiat in your account so you can buy eth/btc whenever it dips or else..