Post
Topic
Board Economics
Re: buy high and sell low. or hold which one is it?
by
ubitcoin
on 09/04/2018, 12:16:19 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.

I prefer to buy cheap and sell it at a high price if the price has not touched an expensive price then I will decide to hold it forever until the price becomes very expensive never to sell it when the price is cheap.
That is what everyone tries to do but people fail to do so because of many reasons. Practically, it ain’t easy in the world of crypto coins, especially bitcoin because of their fluctuating nature. But if a person holds his coin during the dips and sell it out whenever a specific set target is achieved, he can earn good amount of money.In crypto world, every kind of situation is temporary.