So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?
This price is depended on the ETF news and if i am not wrong it will go up till march 11 when it will be declared to be included or not, if it got included in ETF then we cannot tell how high the price may go but if it got rejected then their will be dump but not high as next news will be on march 29 this is the news i got from one of this forum thread.
There's something to keep track of, just reading about it on marketwatch...
And while going through the article, one of the cons they mentioned about investing in bitcoin is obviously volatility, but I was amazed to see that at the start of 2013, bitcoin was at $15, Unbelievable.