With the unstable increase and decrease in bitcoin is it a good idea buying, selling or holding now? Like yesterday I saw it hit $19,000 on coinbase but today it stands at $16,000
the bitcoin price is as expensive as it is and now the bitcoin price drops to $ 8000 if you sell it right now you will definitely only get a loss, so it's best to hold.
but if he can buy bitcoin under $8000 and let say he buy at $6xxx then I am sure that he can make a profit and he can sell it right now before the price down again. but he has another option which he can hold it for a long time until the price increase higher so his profit will bigger than now. and now, after a few months ago we wait for the price going to increase again, now bitcoin price is trying to go up and I hope that soon, we can see the price is back to higher again.