Post
Topic
Board Trading Discussion
Re: Smart hodling vs just hodling
by
huige007
on 09/10/2019, 06:46:47 UTC

With that in mind, the smarter way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop.

The problem is, not all of us here have ability to do that, I mean who can make a decision about when prices have decreased to sell, and when prices have stabilized and can be bought. I used to experience that feeling when I bought BTC at $ 2k8 in 2017 when it went up to $ 4k I sold when it was profitable, but it continued raising to $ 19k in December 2017.
As far as bitcoin is concerned, this is the right time to let bitcoin hibernate as much as it wants. Circumstances are good for investors but not for withdrawers. Bitcoin is giving some serious vibes about gathering energy for a leap to moon and we all bitcoiners shall give it the time it needs. In short, holding bitcoin is best way to deal with dip.