StartupAnalyst
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The 🧢 WO gang power, help the price of BTC


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March 12, 2019, 07:22:47 PM


But BTC is the reason i drink! I bought @20K!

Do you believe in it?

If no, then just wait and once the price will cross 20k then get rid of them immediately .

Your money your choice, this is the beauty of Bitcoin.

I know that you are talking hypothetical here, Pamoldar, but selling just above $20k would not be a well-thought out plan.

Also, I doubt that fillippone is serious about buying at $20k and implying that he did not buy further after that.  

If you believed enough to buy at $20k, and you have not bought since, and you held all the way down, then there is a time, now, to buy or continue to buy.  Bring down your average price per BTC and likely increase your selling options at lower prices.

For example, buying the same amount of dollar value of BTC at $4k as what was bought at $20k would cut your average price per BTC to the mid-point between $20k and $4k, which would be $12k.  Many variations on that, too, and nothing wrong with selling on the way up, as long as, from my approach to the matter, the portion that you are selling is sold for higher prices than bought.
I like the fact that you advise fillippone, but I don't think it's worth selling BTC for less than $25,000, especially if you can buy them for $10,000 for $6,000 and finally for $4,000.

Edit:I don't think there's any point in selling your BTC.