So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?
Literally, There is no such specified time to for selling or buying your Bitcoin, reasons are:
I. Traders/Investors do not enter the market and buy at same time
ii. Investors/traders do not as well hit the sell button also at same time, thus ( free entry and free exit .
Therefore if there's such a specified time when people will sell their
BTC thus everybody will likely do the same thing ,
Hence there will no profiting opportunity.
There no law that exit vin crypto that says you shouldn't sell, hodl and sell your
BTC when it increased either by
+20%,
+30% ,
+50%,
+💯