Selling has never been a good option when it comes to Bitcoin investment but if you are a trader who likes making profits out of its volatile market then do so. As long as you know what you are doing then I think nothing is wrong with selling it and buying again.
But, if you are planning to make money out of investment and you are not yet in a good amount to profit then why sell? Keep it, the Bitcoin name has been in the trend, especially with the US presidential candidates using the name of it to get the vote of Bitcoin supporters which is a lot of people in today's era. I predict that a more upward trend in its market will happen in the future.
That sounds like we are going to buy for the rest of our lives if we are to invest in BTC which sounds ridiculous. The truth is, selling is also important other than buying because this is where we can hold and spend our profits. All of us likes to profit, so it doesn't matter if it was investing or trading is the one that we are talking about but it is just that investing and trading are not the same and it is said or known that trading is more difficult than in investing, so we need to consider those first before we hop in.But, if you are planning to make money out of investment and you are not yet in a good amount to profit then why sell? Keep it, the Bitcoin name has been in the trend, especially with the US presidential candidates using the name of it to get the vote of Bitcoin supporters which is a lot of people in today's era. I predict that a more upward trend in its market will happen in the future.
Even though some investors are not yet in profit, they can't help but to sell sometimes for some reasons. Could be that the asset they have is collapsing. It can also be that they urgently need money, etc... About BTC being used in the Election, I won't be very happy for a while because what if they are only using it for their own gains? So the positive effect can only be for temporary and it might still shift to negative later on.
