What are your views on this?
I always prefer to hold bitcoin now if you have money then buy it don't need to sell your bitcoins. It is not a good time to sell it. Next few days, you will see bitcoin will come at $10000, then you will cry, so hold your bitcoins, and even you have money then buy more bitcoins. I also do it, but now bitcoin is expensive and i can't buy it easily then i do work to earn bitcoin.
It's pretty obvious that we shouldn't be selling our bitcoin unless their is a special need on your end. Well I sell at $10,000 because I needed some money, but in other circumstances, its better to hold because bitcoin is going to the moon in the next couple of days. I didn't regret my decision to sell though, because of my reasons above. But for those we are just selling to take profit today is making a huge mistake. You can still maximize your profits, just need a little patience on your part.
If 1btc= $8000 in my opinion the good thing is to sell at this price because through this you will make some profit and the second thing is you will invest your current cash again in these crypto currencies in the future like the altcoins are good to invest in them they are reasonable in buying and are market oriented currencies. The best way is to circulate your money into the crypto market and other markets too.
Sell your bitcoin for another loss? That's very bad decision i suppose. When those people are realizing about the bitcoin and they should think for a twice about the bitcoin doesn't have any limit.
The price can be filled with various number. There is no reason to sell our bitcoin right now.
Maybe he didn't see that bitcoin can still go up after its so many dips this year. Honestly, people really though that bitcoin can't make it specially when China has put a hard line against bitcoin that's why they think that $8000 is already top and may see another crash happening. But it didn't so now we are enjoying the best spike so far. And again, this is just the beginning, control yourself to not sell specially right now. Hold and be patience and you will get your reward later.