As indicated by predictions bitcoin should have achieved 15k$ by end of 2017 and fall in first week of jan 2018
In any case, shockingly its effectively reached 17k$ in 2017.
Should I purchase or hold my btc?I don't plan to sell at any point in the near future.
for now hold back will not be harmful, because bitcoin prices are down, and it is now time to hold or if the tone still have the capital can buy to get more profit from what you spend
We keep on holding but because the price continue to drops, we get worried about it. Holding definitely possesses a big risk because you will depend the future value of your investments in the market prices. We have a very volatile market and the value of our investments is proportional to this so don't ever think that holding is that easy. No one likes the feeling that he get whenever he sees the content of his portfolio in red. It is normal to get worried but make sure not to get affected that much, deal with the loss and think how you are going to remove that. Volatility is not always about low prices, it also mean that there is a room for price growth.