But would you be upset if bitcoin decreased after you sold it? Bitcoin's rise or fall is unpredictable, so there is no need to be sad when we decide to sell it. As long as it hits your target and makes you profitable, then why be disappointed? Greed plus regret is very easy to make you make mistakes and pay the price in investing, instead, you should have a plan and specific goals for your investment, and be grateful, then life becomes better and more comfortable. Moreover, as long as bitcoin continues to exist, opportunities will always come our way, so there is no reason to regret our decision.
You know you are right. I know everybody has their own opinion or ideas about managing their Bitcoin investment and taking profit, but personally, I think that before or after Investing in Bitcoin, the investors should have already agreed on a target price at which they will take their profit, so that any time the price of Bitcoin gets to their target, they will just sell off the particular fraction that they have set to sell. The reason for that is that if you don't have any planned price that you want to sell at, even if the price gets to $100k, you might get a bit confused at that moment, thinking either to sell or not, and at that time, your instincts might tell you to pause and wait for the price to get to $120k before you sell. Even after it gets to $120k, your mind will still tell you to wait for $150k, and by the time you are waiting for $150k, it has dipped to $90k (we all know it's possible to see such a dip because Bitcoin price can be very volatile most times), and you will begin to regret and even see yourself as a fool for not just selling at $120k and collecting your profit. That was the reason why I said a Bitcoiner should have the price they wish to sell, so that any time the price comes, they will not have to argue with their instincts.
Also, yesterday I was giving an instant to someone who has 3 bitcoins with a set price on how he wants to sell them, either to sell 1 at $100k first and wait to see how far the market can still go.
Cheers 🥂, Dr.Bitcoin_Strange 👺👺