Post
Topic
Board Economics
Re: buy high and sell low. or hold which one is it?
by
francis2
on 19/04/2018, 02:51:09 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.
At the end it will depend on your expectations of the price of bitcoin, if you do not really believe the price is going to go that much higher then it could be a good idea to sell once we reach that price again, but if your expectations out of bitcoin are high and you are willing to hold for such a long time then it will be a huge mistake to sell sooner than that.