Hello
there was so much good news for bitcoin in 2017. Alot positive news which took the price of the bitcoin to the moon at the end.
iam thinking , if even this news are coming back in 2018 it wont be anything new, so the price wont go again to the peak of maybe 20k$ ?
iam also a bit nervous at the present, as iam a long term holder since 2013 and i missed the train of the highest peak to sell. now the dilemma is at aprox 8-9k$ usd
i want your opinions about why the coin wont go up or will go up. ( which kind of things are in present that the price will go deeper and which kind of news will bee there that it will go back higher )?
If you are a holder from 2013 you have a lot of flexibility. You can either choose to hold onto your coins, sell now at around $10k, or sell at a later stage when price recovers even further, up to around $15-20k potentially.
You have to really ask yourself these series of questions. Which one do you prefer? Are you just speculating on the mid term or are you a holder of bitcoin?
If you need the cash, sell it for sure. But if you don't, then I suggest holding.
2017 is not the last era of bitcoin, don't forget that BTC is decentralized and it won't die until all adopters abandon it. That's the beauty of it. I wouldn't be too concerned if I were you, even if BTC crashed to $5k you'd have plenty of profits left, and if you're long term holding, then these fluctuations don't even matter.