It's too low to sell right now, unless of course you bought bitcoin when it was worth around $1.
If you don't need to sell, I wouldn't. Just hold for now and wait for a price increase.
I do not agree:
One has not to trade in relation of our previous trades...but in relation of what the market will do.
if it is good to sell it is good for every boddyif it is good to buy it is good for every boddy.
your explanation about $1 is non sense.
If Alice bought 1 BTC at $800 in late 2013 she'd have made a
paper-loss of around $400. The second she sells her 1 BTC she's realised that loss, and incurred a loss of $400 - she had $800, now she has $400.
If Bob bought 1 BTC at $200 in early 2015 he'd have now made a
paper-profit of around $200. The second he sells his 1 BTC he's realised that profit, and gained $200 - he had $200, now he has $400.
So no, a good price to sell for me is not necessarily a good price to sell for anyone else. In general people try and buy low, sell high. Someone who bought at $800 in late 2013 would probably not regard now as a good time to sell, unless they needed fiat too badly to wait for the price to improve.
