Hi all
Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
Are you a holder or a trader, if you are a holder, I don’t believe you are even suppose to have the mentality of selling now and buying back later. If you are planning to hold bitcoin, then you should always have it in mind that you going to be holding bitcoin for a long period of time, so I don’t just think the current price movement in the market should even make you think about selling your bitcoin, it doesn’t make any sense to me.
Bitcoin price hit $123k and currently we are in $118k, I don’t see much difference that will make you rush to sell, then you will buy back later, what if bitcoin starts pump back after selling your own, how are you going to buy it back? We all know bitcoin price is unpredictable, and bitcoin price can go to any direction at any moment. If I will advise you, then I will just tell you to overlook the bitcoin in your wallet, don’t be pushed by the current changes in the market, since you are planning to hold, then just keep on holding, you don’t have to sell.