I will hodl it and all my altcoins till the next bull run. I anticipate it in next 5 month. Moreover, i'm buying btc and alts when it droping deep... and not selling.
Not a bad move, mate. I've been doing nearly the same with my Bitcoin and other altcoins, as I'm confident that everything will rise like skyrocket just like last year. Many people are depressed with the current downtrend in the cryptocurrency market, simply because they've invested when Bitcoin and other altcoins were in their ATH. However, if they had bought Bitcoin while it was low, and sold high, then they would've secured their profit to buy more coins when they become cheap (like what it's happening right now).
Given that Bitcoin has stalled within the $6,400 - $6,700 valuation, it'll be hard to say if it's going to rise in the remaining months of this year. Perhaps, this is the perfect opportunity to get into Bitcoin while its cheap, as we may never see the current prices ever again. Once Bitcoin ETFs are approved, the halving event occurs, and the Lightning Network goes full steam ahead, then Bitcoin would probably become much more valuable than what it is right now.
I'd say that within the next year or so, Bitcoin will rise again reaching $10k and beyond. However, it will all depend on the level of demand it’s going to receive from people in the mainstream world. Just my thoughts
