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RE: BTC update 22.02.18
Maybe sell a little now, to buy the dip in case it does? .25 BTC could buy you a full bitcoin if it plays out that way. That's if selling right now would give you a profit.
Maybe sell a little now, to buy the dip in case it does? .25 BTC could buy you a full bitcoin if it plays out that way. That's if selling right now would give you a profit.
I struggle to understand this "only sell at a profit" mentality. If it's the right call to make to sell and buy back lower, then it's the right call no matter where your profits are. In the last dip I sold out 80% of my holdings at $11,500 despite being down on my investments by about 10%. I bought back at $8000 and $6000 and the following day I was back in great profits. I know it was risky but I was confident about the drop. I'm selling off a good bit again now but this time I'm quite profitable thanks to that risky move I made.
I sell when I think BTC is unstoppable and buy when I’m most fearful of it collapsing. it has worked real well so far. It’s against everything my mind/body think is right but Is very profitable.