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1. At what point do you guys lose faith in the dream of Bitcoin going to the moon, cut your losses and sell ??
2. At what point do you sell your Bitcoin, Convert to cash, and wait to buy 20 times as many Bitcoin at a much lower price, say something like 1000 dollars ??
3. Would you never sell, no matter what is happening in the crypto world, and ride Bitcoin down to the bottom ??
1. First, I am using Bitcoin not only for investment but also for innovation of it and the future, that's why I do not a guy that is into an investment, I always expect Bitcoin will still regain it's all-time-high.
2. I will still not sell my Bitcoin not unless I need some funds that are in an emergency. Will still continue to be cheap once we will again drop below $10,000.
3. Yes, I will never sell even how dip we are or dump we will experience as I already huge drop around 2018-2019 before.
For me, the moment I decided to enter crypto and maximize my investment in bitcoin, regardless of how long the bearish market stays, I will never lose faith and hope that bitcoin will reach its new ATH in the perfect time.
I will only sell when bitcoin gives a very positive price that will bring huge profits in my portfolio. Otherwise, I will keep hodling it for long term. And buy back again when there are opportunities like buying them at a more affordable price.
There’s no point in selling if bitcoin continues to go downtrend. Rather than panicking and sell it just like others, I will just add more bitcoin into my portfolio as it would mean huge profits in the future when all this bear season will be finally over and bullish market takes over.