I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.
What do you think of my decision?
Wrong move my friend,price will never reached the low price which is 1500$ again., im seeing bitcoin price will hit 5000$ before the end of this year. I will never ever sold my bitcoin this 2017.
What's wrong with that? He bought the coins when it still at $100ish so now can you still say it's a wrong move, he earned a lot with multiple times from that. And it's a smart move IMO, 10% of his stash is not bad to sell when you know you'll get profit.
And I don't think if how many people are still holding their balls from buying from the range of $100-$200 long ago and still waiting when BTC reach 3k or even more.