I am really not happy seeing this report, i made the greatest mistakes of my life last night, someone i believed in so much that bitcoin will not climb above $5400 before retracing its step back to $4500 and then speeding up to BULL, i was mislead by him and i sold my coin, only for me to wake up this morning and found out that bitcoin had broken the $5500 resistance
This is why you hodl and don't attempt to day trade. Its likely that the price will never dip down to what you sold your coins for. You may end up having FOMO and buy for a much higher price. If you are serious about making money I wouldn't wait much longer, a lot of institutional investors are dipping their toes in crypto now.
True, it took quite a while for bitcoin to dip to 3k. Since the rise still seem to be gradual compared to 2017, I'm also not expecting any sudden drop soon.
HODL really seem to be the best strategy for now while we wait for how high up the prices will soar.
hold our asset in bearish trend prevent from losses.we sell our asset our asset value could decrease alot.and ofcourse we didn't want it happen to us,due our goal investing in this market to earning profit.