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?
Are you here to make profit? Then sell it with the price goes up and enjoy the profit. But are you here to use bitcoin as a regular currency? Then hold it and use it as a regular currency. There is no need to sell it. If the value goes up, then great. You have to spend less bitcoin when buying anything. The price goes down? Not a problem for you. You still uses it as a regular currency. It is just that you need to spend more of your coins to buy the same thing....
Most people are here for the profit. So when the price goes up, the sell and take the profit. When it goes down, they reinvest.