Post
Topic
Board Bitcoin Discussion
Re: Cash out or HODL - Bitcoin?
by
Expecto
on 10/01/2021, 11:41:04 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?

For me, it depends on the profit I have made. If I HODLed for e.g. a few years and made a very big profit, I would choose to cash out and wait for the price to go down at a too high rate. Then, I would buy BTC from that price again and HODL it for a similar time period and observe the movements of the price.