I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?
Patience is a virtue bro.
if you can still afford to hodl it and don't need the money yet. I would suggest thay you hodl it. It's pretty hard to tell if bitcoin would recover to the point where you'll earn or even have your investment back, but atleast bitcoin has been having good news right now. Maybe it could affect the future prices.
Exactly. That's how the best traders do it. Bitcoin seems to be struggling lately, it hasn't been able to move much higher in the past week or so. It's a good thing not to need it right now because it should be gathering enough energy to move higher again soon. Unless someone steps in with a massive short position, which I really hope doesn't happen. There were some pretty violent moves yesterday but it bounced back right away.
It's already bounced down and back up 5% twice now from the 8000 range, what's next?