Quote from: abel1337 on March 01, 2021, 07:42:42 PM

Quote from: Traderbtcc on March 01, 2021, 08:20:49 AM

Quote from: udayantha11 on February 26, 2021, 03:46:09 PM

Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..

now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?

I would have said you have weak hands but well it's your money and your choice, the bull run isn't over yet just so you know, you are the one that just panicked and sold off your crypto, not like it's bad to lock in on profits, but going out of the market just because of this little correction isn't wise, the bull run is still on and might even continue till the end of this year, bitcoin is still eyeing to break that $60k barrier, bullish and bearish seasons are both inevitable, I intend to hold my position till we start seeing some green again.

Well we can't blame him for what he did, It's a normal trader's life to quit as long as he is going out with a profit it is fine. For us who experienced this scenario a couple of times, We can say that this is pretty normal in cryptocurrency to have a massive pump and dump during bullish and bearish season. At least OP has some plans coming back in 2024. The only thing that OP will regret coming back in 2024 is he failed to accumulate bitcoin on the accumulation phase and will certainly be active when it's on a bull run.

People selling out of crypto never end up with the same amount. Less usually.

Those early adopters that had 10,000 BTC long ago sold it when BTC hit $100, $1,000, $10,000 etc. They bought back in only at inflated prices. Eventually you have companies like Tesla with deep pockets buying BTC at $30,000 and higher.

The people with diamond hands were laughing when BTC hit $58,000. But it is a risk because you just never know what will happen in the future. It would suck to own 10,000 BTC @ $58,000 and then it goes back down to $100 for some unknown reason. At some point you have to take some profits before you die. Can't take all the BTC with you to the grave lol!