Looking at how its moving right now, it doesn't matter when you sell but more about when you buy. People who end up buying at this price will surely do a lot better and I am guessing that we could see them do a lot better on the long run as well. The price is at the bottom right now and I do not think that it will go down anymore, I am not talking about guaranteed terms like "it will not go down anymore" because I do not want to hurt anyones portfolio, but I believe that it will not go down personally. This means that if you buy right now, and hold long enough, you will make profit. When you sell will only change the profit amount, but you will profit little or a lot, the profit will be there.
You can never tell if it's the bottom or there is still more to come. The price of Bitcoin dropped significantly all of a sudden, and is still declining, so those who thought that was it and it won't go any further and bought with everything they had will now start regretting their decision since the market is going to decline further, so the best thing to follow in such market conditions is doing DCA so that you can save up some money and buy with some right now.
When you are doing DCA, you won't need to worry if the market has reached the bottom or not because you will keep buying after every dip until it reaches the bottom and starts going up from there, and when it starts recovering, you will see your portfolio starting to grow right from the bottom.
There's no way on telling on whats the bottom price and this is why its always been that speculative on the first place on which we know that this market is really something that totally in random. There's no point that you
could really be able to see whether you would really be going for those buying or selling decisions which i have said that it would really vary with your own knowledge and skills towards trading. Selling out on bull run?
Not a bad decision because its always been that important that we should really know on when to sell or setting out those specific goals and targets so that we would be able to maximize out that possible profits and without that needing that long wait. It does vary since each trader does really have their own preference when it comes to profit-taking.
Selling decisions will be always on profit which no matter how small it is then profit is profit. Never ever consider yourself on having that selling on loss or negative because its never been worth on doing so.
We do have our own moonbags which is for keeps for several years to come but those arent an assurance but at least we are really that hoping for something on upcoming years.
