Post
Topic
Board Speculation
Re: Dump or long term goals?
by
HCP
on 28/08/2016, 05:32:22 UTC
I will never sell everything, but I want to enjoy the profits.  Roll Eyes
Assuming you have sufficient BTC's... why can't you just withdraw your initial investment and enjoy that? The rest you can leave "invested" in BTC to sell at a later date when it is at a price that satisfies your "greed" Tongue

You do raise a good question though and I think this is a dilemma for a lot of different investments (not just BTC). At what point do you cash out? Do I take my profits today and then regret that decision tomorrow if BTC doubles in price tomorrow? Do I take my profits today and be thankful when BTC halves in price tomorrow?

Personally, I think the best thing you can do, is set a target that you are happy with... and when that target is reached, cash out. If you wish to reinvest in BTC, then forget your previous investments and start from a new "zero" point. Otherwise you will always be second guessing yourself and wondering "what if?"  Undecided