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 would like to point out that the period we are in is not a sales period, but rather a complete buying period. We are in bear season due to bad market conditions and we see that prices have been constantly decreasing during this period. That is why so many amateur investors are excited about the downside trend and are constantly making sales at a loss. This is exactly what high investors want, and it always leads to bad results. For that reason, I strongly recommend that you do not sell unless the downward trend is broken and a new uptrend is entered. Investors, especially those who do not need money, should not bribe this declining trend and not disrupt their investments. If there is no profit at the end of the transaction, why invest in it? The most suitable period for sales transactions should be expected, which is the term we call the bull market, not the bear market.