I have learned something so important in the previous bull market that got to about $30k . When the price of bitcoin was $21k I bought some bitcoin and after getting this amount of bitcoin I had target if it gets to $30,000 I will take profit, luckily it got to the price I was targeting but I was reluctant to take profit like I planned thinking the market price will go beyond $30,000 to get more profits but unfortunately the price didn't continue to increase, but I'm not worried about that because I know the price will definitely increase again and I will get my profit of target.
I'm saying this because of some people who may have a target, it is important for them to hodl to their target and not be carried away by the increase of price of the market. The market can never be predicted, hold to your target and never be too greedy to make more profit. There is another day for another profit. This is important for people who have been patiently waiting for their target .
Let me tell you something. Profit booking is not everyone's piece of cake. Only the wise ones can book their profits consistently.
Most of the other traders generally wait for higher price and eventually sells at lower prices and book lower profits.
In fact, many people sell at a loss and keep waiting to buy back. But what you say is true. We do need to book our profits at our targets.
We should control our greed and execute our trades as per the strategy we have planned. Patience is the key.