Hi,
I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?
Of course when the price shoots up then im gonna wait till it pump into its peak. And when it goes down a little, then it is the right time to sell it because if it shoots up very rapidly , then it will fall down the same way. So, its best to sell it untill its price is high then wait for its sudden drop of the price then buy again. With this method, you can gain a decent amount of profit. It is like the
martingle strategy in a
dice game wherein you are winning double and loosing only the base bet.
DOUBLE-BASE BET= PROFIT ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)