Post
Topic
Board Trading Discussion
Re: bitcoin prices not rising! should we trade or hold?
by
The Pharmacist
on 07/04/2018, 03:23:33 UTC
I think the best solution for the market right now is immediately cashing out all your coins and hold the fiats.
I swear it's people like you who lose money in sideways markets--you're advising people to basically "buy HIGH, sell LOW" and that's a recipe for disaster. 

The bull market is just taking an extended breather, but we will resume regularly scheduled insane gains shortly.  That's just my gut instinct talking, and I have no pretty charts to trot out like a show dog, but I bet if you just held onto whatever bitcoin you have for a few months, you'll see a decent profit.  However, I am just one ignorant voice among thousands here, so take it with an enormous salt shaker of NaCl.

What I'm convinced of, though, is that people need to start buying when there's blood in the streets--and bitcoin has gotten a pretty brutal beating at the hands of Mr. Market as of late.