do you sell your bitcoin or convert to usd?
Part of my bitcoin is used in trading, I have to sell and buy it in order to make money. But there are bitcoins that I hold for a long time, and those bitcoins are waiting for the price to reach 10K before it get exchanged to fiat.
It will be a great idea if some one do not sell their bitcoins and hold it for the price increase. I am hopeful that I have a good opportunity to hold my bitcoin for such a long time but unfortunately some time I feel the need to sell my bicoins and feel hard to manage and hold it for some more time therefore I also sell some of them without getting a good profit from it.
In fact, there are some nuances that do not wait when the price of Bitcoin rises higher. If a person has Bitcoin and other crypto currency, they are the main source of income, then bills need to be paid at a certain time and therefore Bitcoin must be sold when required. Therefore, there are certain amounts for investment or storage, and there is also a quantity for transfer to dollars.