Post
Topic
Board Bitcoin Discussion
Re: Cash out or HODL - Bitcoin?
by
Rexler
on 10/01/2021, 00:03:11 UTC
Here we are again at crossroads to choose whether to cashout bitcoin which we have or else Hodl for some more time?
At this cross road its always hard to make a decision cause you might cash out and it's keeps pumping and it can also be the other way round, the choice is up to the holder if the money is not needed urgently then holding is a better option, but if the money is needed then selling it get profit is the only option.
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?
Bitcoin keeps making new ATH's, it's hard to tell when it's going to get to that point where it will start dumping, if anyone sold at $20k they would probably be regretting it by now, cause bitcoin has done x2 since then, so it's better to keep holding and follow the market closely cause the dump might start anytime.