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February 18, 2018, 10:07:38 PM |
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As a relatively new investor, I jumped into the game back in Dec '17. At that time, the market went crazy, I could do no wrong and nearly doubled my initial investment money in just a few weeks. Not knowing about the historic drops every January, I watched my investments lose 60-70% of it's value, suffering through the "bloodbath" for the entire month. Bitcoin also went diving to less than $7k in early February '18 before finally recovering to its early December '17 values today. Knowing what I know today, I would liquidate a majority of my crypto and rebuy at the dips. I've learned that several market dips occur during the year, so one of my questions is, when do you think the next dip will occur? Will it be after the predicted March/April bull run or is it likely to happen again very soon? Also, if you own Bitcoin now, would you continue to hold on to it during the dip or would you liquidate and wait to try and acquire more when it retraces again? I'm just curious how most of you would handle it, given I'm still relatively inexperienced in cryptocurrency investing.
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