My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side.
he already had a profit, that was enough for him. in this market is need to set a goal, for example the person must know the time that he will be willing to hold, the profit he hopes to obtain and the loss he expects to obtain in the event of an eventual price decrease. this must all be very well planned
The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.
Did you ever wonder if the price had dropped to $1000 for example? if had fallen to $1000, you would be seeing your brother crying because he was losses. You can not predict the future, but you can make a plan so that it is possible to reduce your losses