Is the bottom in or can i still sell?
![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
You can sell any time that you like. It depends upon how apportioned you are. If you are 100% BTC, then maybe you should sell a bit. If you are only 1% BTC, then maybe it is a decent time to buy some, and figure out a longer term plan rather than asking on the interwebs about what to do about your personal bitcoin allocation situation.
I have 30 btc to play with and some more in cold storage which i wont touch for a long time.
I dont plan to invest more, but rather want to increase my stash with trading. So far this year was quite good with me (us).
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
Overall, this year was good for going long, but yeah, you can short or sell and buy back at any time.
I just personally don't think that it is a good strategy to sell on the way down, unless you are pretty confident about the continued downward direction.
Accordingly, I personally employ a strategy to sell on the way up and to buy on the way down, unless I have a pretty high level of confidence that the price is going to continue to go in one direction or another, then I may tweak my strategy a little bit in order to take advantage of that anticipated movement.
So, yeah, each of us employs a bit of a different strategy that is likely tailored to our own risk profile, overall finances and views.
For example, I have been selling BTC on the way up, since about $250, and around $400 or so, I tweaked my BTC trading strategy in such a way that I tend to attempt to keep a certain percentage in BTC and a certain percentage in fiat.
Currently, I am little bit under 92% bitcoin and 8% fiat. If the BTC price goes shooting down, let's say $200, I will probably get into about the 94% or 95% bitcoin territory, but if I think that we have kind of bottomed out on our downward test of support, I may employ a bit more fiat and get into a 96% bitcoin territory (I don't want to run out of trading fiat), on the other hand, if BTC prices goes shooting up, let's say to $200, I may get into about 90.5% bitcoin territory, depending on how quickly it goes up...
From time to time, I will tweak my holdings in such a way to try to push them a little more in one direction or another but my percentages do not really change too radically, and if I were to sell 1 or 2% of my BTC holdings at any one time, that would be a pretty big deal for me (more than I usually do at any one time because I tend to play in smaller increments and I don't really gamble too much with my overall holdings. I just attempt to protect my BTC holdings somewhat through what buying and selling that I do from some of the sometimes extremes of bitcoin's volatility).