what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?
Hello
This is the most popular question now a days. Since the price is rising drastically people assume that it's going to fall as fast but at the same time the tweets suggest otherwise. I do believe :
It's a personal opinion.
If you want to hold for the long term that means even if the price decreases you can easily encash them later in the future but right now if you think you cannot afford to loose financially then you should sell.
So if you can hold: then HOLD !
If you cannot for the long term and your financial situation is bad : Sell!
It's better to be safe than sorry ! Is what I believe in. Plus you have to analyze your financial situation too , how much you have saved up and how much your family needs therefore it's all on you. Best of luck !!
Make a good analysis and keep a track of the market!!
yes thanks for all your advice and opinion, of course I will sell some of what I have at current prices, and I will choose to keep most of what I have, because I believe bitcoin will be able to increase the price even higher more than now, and even if there will be another decline, of course I will buy it back to save for a longer period of time.