Post
Topic
Board Speculation
Re: Best time to selling the BTC Now
by
darkangel11
on 18/12/2019, 15:55:09 UTC
Good Morning! Bitcoiners.
Please sell the BTC now ASAP.
The price of bitcoin will fall down more and more.
It will be hard to defend $7000.
I think now is good time to get your original money from cryptocurrency.
Regards  Shocked

Isn't it much more advisable to hold than to sell right now? IMHO, it is dumb idea to sell when it is falling down when you supposed to sell your crypto when the market is at its peak. Well, you better convert your crypto to stable coins when you have a fear of the market won't be getting back to its more stabilize situation. Just for your certainty, man.

To know when to buy and sell you have to consider a number of things but for me the important ones are how far are we from the top, the fundamentals and the amount of fear (consecutive red days).
If we count that around 100 was the bottom of the last bubble we're more than 70% down from the top which is a buying opportunity. Fundamentals looking strong with hashpower rising, number of wallets rising, no critical bugs being found. In November we had moments when there were 5 consecutive red days in a row. This usually suggests a buying opportunity. I'm currently adding about $500 in BTC to my portfolio every month.