Post
Topic
Board Bitcoin Discussion
Re: Sigh... Do i need to hold or sell it? Quite tricky situation.
by
Latviand
on 26/01/2020, 09:43:25 UTC
But I need a money until Feb 22nd.
What do you guys anticipate in BTC price until next month?

it doesn't matter what price you predict could be reached, you should have never invest what you could afford to lose or the money that you needed. so the answer is to sell now and only invest the money that you don't need (can live without).
for example instead of 1.2BTC or ~$10k you can invest $2k that way you are taking a smaller risk while still having an investment in bitcoin.
It does depend on the investor's mindset. If you are an investor, you decide what's best for you or what would give you profit. Bitcoin and other cryptos are naturally volatile and with that being said, risk do always exist whenever its market value moves, because no one know if it would be an uprise or backdrops that would happen for 'tomorrow'. So if you want to assure that you won't lose that much, seeling at this point won't be a bad idea. But if you are determined enough to risk, wait and profit will be earned.