Buying and selling at the right time is very critical if you want to increase your holding of any cryptocurrencies. You need to be focused on your goals and meet them. The market's fluctuation is certain therefore to arrive at your goals you have to be strict with your goals. Set them and stick to them. I have made some very costly mistakes in the past. Its very easy to be greedy when the time to sell comes.
You start to think, what if it continues higher? what if this is just the beginning of a bull run? Don't do it. even if you miss the opportunity don't regret it. why? cause you can't win them all. stick to your plans to be successful.
my current goal is to increase my bitcoin shares with time. I currently have 0.67 bitcoin, but i plan to increase my shares. At the moment i plan to sell half of my BC when the price arrives at around $5200. Wait for it to retrace and buy back .
Happy investing friends.
Hi,
I would add - educate yourself BEFORE you make the leap. Know the risks. Learn the language. Right now if you're holding bitcoin you need to understand a hard fork. You need to understand what replay protection is and what to do next month when a hard fork occurs (possibly) WITHOUT replay protection.
If you don't know what the language is, or what the risks are, do NOT enter the market with money you can't afford to lose!
Thanks for the post leggy23.
Thanks for your contribution. i know about the hard fork coming up next month i'm not sure about replay protection. i will look into it.
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Interesting post!
Thank you for sharing!
Upvoted and resteemed!
Thanks @donwhale.
Thanks, will look at your post.