Quote from: welchmgra on July 23, 2018, 11:07:59 AM

Quote from: bharal07 on July 19, 2018, 04:41:12 AM

For me I will continue to hold on to my bitcoin. Even though its price is too high for me to continue because there are ordels that will increase the price of bitcoin we do not know when or what time.
Because we do not know because we do not have the process yet.

Yes that is a very good decision I think. In fact bitcoin price is still trading too much low, but now its price has started increasing and I think that it will continue increasing for a long time. So It is not the time to sell but to hold for some more time for the price increase.

Yeah I think that it wants to keep moving up. It's at some pretty strong resistance right now but if it can break through past the 8500 level it'll keep going for a while I think.

What you should think about if you want to sell it is whether you really need the money or not. Can it sit in there and gain in value for some time? Or do you need to buy something? Pay rent? Pay bills? In that case it might need to be cashed out.

But if it's something that isn't needed right now, it can wait. Frustration is natural in investing because it never goes the way you'd like it to go in the beginning. Have patience and good things will come.