Quote from: JamesDaniel90 on May 04, 2023, 10:49:55 AM

Quote from: Altryist on May 03, 2023, 05:49:07 PM

Quote from: JamesDaniel90 on May 03, 2023, 10:01:52 AM

snip

100k is a great level, if we reach it in this bull market, then I will start taking profits. I think that perhaps the price can go higher, but I will not have high hopes for this. All the same, it becomes more expensive every time, and the higher the price, the more difficult it will be to show a big increase.

As I understand it, you will not sell and will wait for bull run by 2029, how do you justify your decision? I didn't take profits on the last bull run, and I see that it was not a very good decision, as it could give me more opportunities now.

What I meant was I will not cash out my profits.
I plan to take my profits from BTC once we reach around $100k and hold in a stable coin to then buy back once we drop back down to $30k or so in the next bear market.

but what happens if it turns out that the Bitcoin price doesn't go down anymore, isn't your plan a failure?

but whatever you have it is your right to sell or not. but I only suggest taking your profit gradually, don't be in a hurry, you might be too late or too fast, everything needs good planning.