Post
Topic
Board Trading Discussion
Re: What's your plan if you bought around all time high?
by
DigitalCyberius
on 24/04/2019, 07:47:57 UTC
I want to ask everyone who got into bitcoin towards the end of 2017 and is currently at a loss, like myself  Sad What will you do when the market goes up and you get your money back. Sell or just keep holding?


The correct word to use is IF, not WHEN. I got some on the rise, it was looking good, but then... pop*. Was listening too much to the hype. Glad I only put in a few hundred dollars worth. So, to answer the question: IF Bitcoin reaches the bubble burst price point and keeps going, or even if it reaches to a point where I'd be making a profit, I may consider cashing out at a point where I'd be making up my investment + some profit, and leave the rest in for speculative purposes, cashing out at appropriate intervals. And as profits would be pulled out: tithe, charity, and invest in something probably other than Bitcoin (maybe some in BTC, depends on how it looks).


Have a great day,
The Cyberius team.