If you believe it's time to sell, you're in a pretty lofty club
Many investors, in fact, have taken up the bearish cause, yanking money from U.S.-focused stocks and shifting it overseas. By one measure, emerging market equity funds are seeing their largest inflows ever of investor cash. Bonds are raking in money, reflecting the pervasive risk-aversion dominating retail investor sentiment.All of this, of course, is the perfect setup for a market rally.
Despite a decidedly mild downturn from late July to early August, the stock market has met all the pessimism with a convincing upturn. Not only was the S&P 500 up 6.7 percent year- to date heading into Monday trading, but it has staged a 19 percent rally off the February closing low, a time when it seemed as if U.S. markets were descending into what would be a prolonged funk.
For the bitcoin investment, it is better to hold it for the long term. Only sell it when there is a big price bubble.
That's the way to do it and we pray that the price will continue to increase so we can always sell for a profit, and we should not be greedy and we can only do that if we have a definite plan that we will be able to follow every time we sell, if we aim to sell when the price double then sell it directly.