Post
Topic
Board Economics
Re: buy high and sell low. or hold which one is it?
by
Marrionbitcoin
on 23/04/2018, 13:58:53 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.


Just buy low and sell high is still the basic and effective strategy in trading in digital currency. Hold, if the prices keeps on decreasing from original price you bought that Bitcoin or Altcoins. However, as of today, the price is still low so it is better to either just hold because is you withdraw you will suffer from actual loss or just buy additional coins so that it will lessen the loss and it is the best time to buy then just hold until the price will rise up again and reached your desired income. Just don't panic and keep calm in trading.