That is what I am doing now and I am confident that the price of bitcoin is going to increase and going to reach up to $800-$1,000 that is why I believe that holding is going to give us good profit if we are just going to be patient with it and going to wait for the price pump that is going to
happen in the next days.
Also remember to take advantage of price fluctuations especially the large one so your holding will more be worth
There's no instant increase to $1000 mark so if ever large rally will happen, I think at the line of $900 many will dump their coins as soon as the big players will do such dump.
People can take advantage of it so that people coins are not stuck waiting for long time to reached the $1000 mark.
I think the large rally will happen when the funds move away from the altcoins. There are several altcoins attract a lot of funds from bitcoin recently.
Well you can consider that as one of the reasons but price rally in large margin happens for different reasons.
Based on the past events, we see lots of price rally but most of the cases have different reasons why the price pump especially prior to the halving. Same principle goes too for large margin of price decrease.
I think the money flow determines the price of the coin. When the money flow back from altcoin, the price of bitcoin will rise.
The money flow really is the one that makes some movements for the price of bitcoins. But if you are going to hold that is not going to help the adoption of bitcoin and going to make some contributions for the price increase of bitcoin. But if you are going to hold you have possibility of earning good profit with it.
it is not only the money flow, there are many other things like the usage as currency and also the hype of missing out when the investors buy more and more.
but i agree that you should always try and use your coins to help the adoption if you ever want to seebitcoin grow.