Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.
I think it is the right time to sell Bitcoin. Because at the present time, Bitcoin prices have fallen dramatically from $ 20k to $ 6k5. Bitcoin is a bubble and it can increase or decrease sharply at any time. So selling Bitcoin at the end of 2017 is a very smart decision.
Investing In bitcoin when It's still In a low price and Increase just In a week, then you may sell your bitcoin atleast you earn a little bit profits from It, In a short time. But If you want a bigger profits, try to hold In long-term period.
Selling bitcoin is not reasonable for me. It's for holding for the future prices. Don't forget that bitcoin's mining reward will be halved in 2020 and this will cause a great price inflation in bitcoin.
Mining action will be a major thing for the future price of bitcoin.