Post
Topic
Board Trading Discussion
Re: Are we going to recover or continue to dump?
by
Tony116
on 22/08/2022, 09:03:43 UTC
i started making some researches today, thinking of selling and trying to rebuy at 16k-18k but i m really hesitating cause if i sell now and everything goes bullish again i might not enter the market for a long time

It is up to you which way you go, if you do not intend to use that money in the near future there is no need to sell now, because the market will not move in the direction we would expect it to. You will miss the train if bitcoin goes up in price right after the sale and you will have to wait a long time or won't get a chance to buy bitcoin cheaply.

But if you are in need of money, you can sell immediately to make a profit, taking profits is never wrong. The market is still there, the opportunity will still be there for us.