does anyone know exactly what is going to happen with the price of Bitcoin?
Nobody knows it, it is impossible. Timing buys and sells is very difficult in all free markets, with a 51 percent of success, you may be the king. (And with the proper risk-management.)
Investors, traders, analysts are trying to follow trends, may calculate probabilities. But knowing something "exactly" in the market - nobody, never, ever is capable of. Not even Warren Buffett.
🤑
My personal tactics: In these days, I'm also in a dilemma. If I sell bitcoin or ether and they keep going upwards, I may be very sad. If I don's sell any, and they fall back, I may feel also unpleasant. (And won't be able to buy it back lower.) So, I sold a very small portion of it. If it keeps going, I'm planning to sell some more. But never all the cryptos I have.
Thank you for commenting @deathcross
Yes, risk management in all this is very important. Because it is what allows one to minimize the risks of loss.
However, being in any market implies that we have the same chances of winning as we do of losing.
As you say, 51% effectiveness, and you're king.
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Is the Caracas Stock Exchange operating? I can't load the website. It may be very interesting if and how a stock exchange is able to work in a state-directed economy, and a high inflation environment.
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