Hi Everyone, I have a dilemma since I am holding an wholesome portion of bitcoin. With all the speculation going on in the market I don't know whether to sell or hold on my bitcoin. I've been wanting for more than a week to see if bitcoin's price improves, but it is only falling more and more.
I've gone through dozens of analysts' blogs, websites, market cap sites, price prediction sites, and all the important bitcoin market sites to find the right answer. But I am still unsure.
So, can anyone please tell me if I should dump my bitcoins with some losses (selling at lesser price than the buying price), or should I hold on to it?
There is also another reason. A promising stock just opened up. So should I sell my bitcoins and but the new stock that I'm interested in?
Viketo Sumi (Armani123)
Please hold your Bitcoin, it is digital gold , hedge against inflation , its price can go up beyond your thinking and don't feel sad when Bitcoin price goes down. history has shown again and again that Bitcoin Price always goes up more after every decline in price. Correction in trading is a part of the game, it always happens when market is overbought and same thing happens when Market is oversold.