I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
This time for cash in, don't be afraid to buy bitcoin now because this bitcoin will reach the higher price level before crash again. No bull trap, the market normaly go up and down, but one thing that you have to keep in mind is the price of bitcoin is still tend to rise although the volatility is very extreeme.
For individuals who needs money now or are nit long term investors, I think they can always cash out anytime the price goes high, as you can see yourself that market will always go high and low and the opportunity to buy low after seeking high will always come,.
Any investor with small fund can just cash out, take its profit and wait for the market to dip again for him to out the capital back, but they should pay attention to what I said and not miss quote me, that is why I have a clause that this is suitable for those who are not long term holdler because this method of taking profit can really make a long term holder miss the big profit if care is not taken.