Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".
So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
I have plan to hold 50% of all my bitcoin ballance then 20% of it i will trade it on exchange. Short trade to get profit. then the rest i will sell it into fiat since i think it will be a new ATH, high price is best time to sell.
Personally I don't have any plan to sell my Bitcoin, but it's obviously I will sell it little by little when I see the price is really high. I will not ever sold all of my Bitcoin, I still believe the Bitcoin ATH will never end, which mean we might see Bitcoin will break new ATH for every 4 years.
I will sell my coins is not because I will celebrate the new ATH and enjoy my day, but I will use it to buy Bitcoin during bear market happen.
My plan is to hold Bitcoin till it's been legalized by the Government. Because we maynot be able to buy Bitcoin agin at the low price.
What do you mean about legalized? Bitcoin is mostly accepted in many countries right now as a commodity and now there are 2 countries already accepted as a currency.
Not only 2 countries that already accepted bitcoin. Beside Hong Kong and Taiwan, other countries are accepting bitcoin such as United states, UK, Europe Union, Canada, Australia, France.