Post
Topic
Board Bitcoin Discussion
Re: Cash out or HODL - Bitcoin?
by
cryptofiend01
on 22/12/2020, 04:46:28 UTC
Here we are again at crossroads to choose whether to cashout bitcoin which we have or else Hodl for some more time? This week is undoubtedly most complicated week of the year for bitcoin users because history has not been so kind to bitcoin towards the end of year's post bullruns. If Bitcoin has already achieved its ATH for the season then it's better to cashout but if Bitcoin is going to surge further then HODling is sensible but how do you figure out as we cannot depend of predictions since it fails most of the time. What's your opinion?

It depends on you and your analysis, one of the hardest part of being an investor or a trader is deciding when to cash-out or double down. There are times when an asset has outperformed or underperformed your expectations, whilst professionals have a strategy to handle these situations, your job is to evaluate your stop-loss or take-profit.