Post
Topic
Board Bitcoin Discussion
Re: Sigh... Do i need to hold and sell it later or now? Quite tricky situation.
by
supercanada1
on 28/01/2020, 16:49:05 UTC
We were actually in the bearish markets until now and OP has bought coins in the bear market so hopefully they would give immense profits for OP. But if OP wants to sell some of his coins than it would be better for him to start trading with them and earn the amount he would need to fulfill his requirements. It would not be that difficult to earn profits from 1.2 BTC until feb 21st.

Bitcoin is having a volatile price and that keeps the price changing each hour which can be utilized for short term trading. Quick buy and sell would even give good profits from the initial capital. OP should think about trading with his coins because if I would have been on his place than I would have gone for trading.
If you do not have confidence in long term trading than you can take short term or daily trading as an option. Otherwise I would suggest you to go for long term trading because this would give you big results. If you want to make huge investments, go for it, it will give you big benefits. As the price of Bitcoin is rising so long term trading would be very beneficial, similarly halving is approaching and it would bring more increase in price so go for long term trading.