Quote from: adzino on January 20, 2021, 07:27:05 AM

Quote from: Joyawan13 on January 10, 2021, 04:58:32 PM

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

This depends totally on you. Every people have different set of goals based on their financial aspects. So looking at different peoples opinion won't help you in your case.
If you think the price is high and you have made enough profit then sell it. If you think you can afford to "lose your investment" and willing to make more profit, then either keep holding the coins or invest more to maximize your profit. In the end, the decision is yours depending on your financial aspects.

This! I have said this a million times but nobody seems to understand it, obviously I can't make myself heard by everyone in the world, but people should learn to get out when they have enough.

For example, you should calculate about how much you spend per year, and you should put whatever inflation you think is real on top of that yearly, and calculate how much money you will need if you lived to be 120 years old, it is unlikely that you will be 120 years old but we do this so you have some spare even when you die (or on the off chance you do get to be 120 years old). That would allow you to have a certain number, a number that will be enough for you to live without making another cent, without needing any more income, maybe a savings account?

A low interest one so that money staying in the bank would work for you, but that's it. When you have that much, get out, get out very quickly and never look back. Until then, just keep on grinding.