Post
Topic
Board Bitcoin Discussion
Re: Hodl is not the best option as it seems
by
KryptoKings
on 21/05/2021, 19:34:00 UTC
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no  profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
Yes sometimes selling at peak is better because you can always buy back when price fall plus you make good profit also due to preice difference. But the burning question is when to buy.
Recently I sold my eth at $1900 and am still cursing myself because I don't see I will see that price again and even if it goes to $1900, I would not make any profit until it goes much below that.
So if you want to sell, make sure you sell at ATH