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 don't think that selling right now is a good idea. I say that because of the fact that Bitcoin has been dilly dally with its trends, and so, it's value is getting affected. Most of the affectations are contributing to its value decreasing, and so, if you plan on selling now, I don't think you would get much of a profit, or any profit at all so-to-speak. In the previous months, Bitcoin's value is at its lowest, if not, the lowest. So, I can expect that the value you bought it for is either on the same value or a little higher, which means, you can't really get anything positive from it if you sell now.