Post
Topic
Board Speculation
Re: to sell or buy BTC?
by
onecall123
on 29/01/2021, 04:45:27 UTC
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?
It all depends on when you originally owned or bought bitcoin, and if you bought it when bitcoin prices were really low before going through some ATH that happened in the last two months, I think it's okay if you want to sell it.
because over the last two months bitcoin went through some ATH 20K, 30K and the last point was 42K which in my opinion you have made a good profit what else if you sell at the highest price and buy back when bitcoin price drops at 30K then hold and stay so you can do the same thing because bitcoin price is slowly starting to rise again.
In last few months Bitcoin is trading around 30k to 33k and $30,000 seems like BTC is very confident at this position. I think it's not too late to make an entry more especially when it's pump and dump game. There's a lot of people doing the same thing, so I get it's simple way grabbing some profit.