I did some crystal ball analysis today and came to the conclusion that I should stop buying bitcoin because we probably go to around $100
Earlier today I even thought it would be around 200 but my crystal ball came up with a new number just minutes ago.
Lets hold them coins and only buy new ones at 100
You'll get 3 times more than with current prices!
So are you holding or selling?
or holding and buying (in the event that prices go to $100)?
Yes, if you know for sure the prices are going down (maybe at least 5-10%), then it would be a good idea to sell and to buy back at a lower price. However, many of us have insufficient confidence that BTC prices are going down at all, even though there is a chance of such. Many of us have insufficient confidence in order to sell.. so we just HODL, HODL, HODL..... waiting for the sooner or later (and probably not quite predictable) upswing in BTC prices.