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. 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.
Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
It depends on the motivation, I guess. If one is simply profit-oriented, then 3x profit is great. If it's more about investing in the future, trusting the whole thing and stuff - of course, you are right that cashing out now is too early, and perhaps there won't be no cashing out at all. At the same time, I'd be proud of your brother. I think that many people don't have enough confidence and are too greedy to ever cash out. You know, they just invest and watch their investment grow to never truly use it in real life. I have a distant relative who got lucky with a harsh but very well-paying job back in the days of the Soviet Union and had enough money to buy 10 flats in a great city. Instead, he bought one small flat on the outskirts of the city and did nothing with the rest of his savings. After some time, these savings became worthless, so he never really used them for anything. If a person cashes out, at least it's the first step towards really changing one's life with the profits.