I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
It may be too late, but this is the basis of cryptocurrencies - the belief in them. This is exactly what I think should be avoided in market downturns. We should not sell, overwhelmed by the mass excitement of panic.
We have to accept the fact that market is full of surprises by seeing the market no one knows that price will jump over $50k. Many regrets selling their assets early the thought that price will further decline. True that's the problem overwhelmed when there’s a sudden pump so the best move is we should have a goal when to sell your bitcoin.
It would really be lots of hit and miss if you do deal with this speculative market because due to unpredictability then you wouldnt know on where and when those prices would really move on.
One thing which is important is you do able to make profits neither what would be the market condition would be.It will be depending on how you do make out some good or call decisions towards your
portfolio.If you dont know on what you are doing then you would definitely be messing out your investment.Also, investors can be classified neither a short term or long term hodler
So this would be a case to case basis on selling out their coins because each does have its own targets.