Bitcoin dip, time to buy, hold or sell

in #crypto7 years ago

Hi everyone @perkyyoung here, it has been a very rough week for many cryptocurrency investors, as there has been a sudden rise and fall in the prices of many digital currencies.
image
The question now is, is this time for you to sell or buy bitcoin and other cryptocurrencies, as many investors are panicking and are thinking weather to sell the ones they have or to buy more.
image
The next big question is, should I hold on to my bitcoin without selling it, and having hope that the price will increase soon without falling.
Many people will advise you not to invest on bitcoin now, while some thinks that this is the right time to buy more.
For those that have already invested much on bitcoin and other cryptocurrencies I will advice you hold on to your investment as the possibility that the price will increase is high.
image
Do not be deceived by people who take digital currency as scam.
All the Same I want you to comment your own opinion on weather this is the right time to buy, sell or hold on to your digital currency.

Sort:  

with all the chaos in the market some very interesting positions turned up lots of day traders made profit from the crash

That right, some actually made profit

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Perkyyoung from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Coin Marketplace

STEEM 0.23
TRX 0.21
JST 0.036
BTC 97927.80
ETH 3429.21
USDT 1.00
SBD 3.22