Post
Topic
Board Trading Discussion
Re: Bitcoin or Altcoin hold, sell or trade??
by
Litzki1990
on 25/04/2023, 04:23:41 UTC
My opinion, Bitcoin all time saving mode is the best way. Some time when bitcoin price up then sell and when price down then buy is the best decision.  This method all time not working for trade. Many time i noticed when i sell bitcoin or altcoin sell since then price grow up and up. And when I buy bitcoin or altcoin then price low day by day. specialy, altcoin hold, sell and trade big loss. 4 years ago few coins i hold for future. now this coin price few value or most of coin value is zero. Few coin trade, there too big loss. past year in the case of 1 coin invest $1000, this coin price today zero.
First of all if you ask me which I will choose between Bitcoin and ALT Coin I will undoubtedly choose Bitcoin with my eyes closed. Because Bitcoin is a very reliable and trusted currency compared to ALT Coin. Never compare Bitcoin to ALT Coin again.
*Hold
Now is a good time to hold Bitcoin. Because the Bitcoin market has a lot of potential to go to a better stage. Many people who regularly monitor and analyze the Bitcoin market have estimated that the Bitcoin market will be close to one hundred thousand dollars by the end of 2023. Since there is such a possibility, we should hold our coins even if we depend on this possibility.
*Sell
Those who have bitcoins at this time should hold on to bitcoins and not sell them at this time. Because a few days ago we saw that the Bitcoin market went to 31000 which is now at 27000. In the span of a few days, the price of one Bits has decreased by about 4000 dollars. So considering that aspect we should hold our bitcoins without selling them.
*Trade
Trading in Bitcoin can be a good decision at this time. Since some changes are constantly being observed in the market, if the trade can be taken by understanding the market at this time, then there will be a possibility of increasing the money.  But the trade should be done in small increments.