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If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon.
Well, I agree with that. Because if you sell bitcoin at the current price, you won't get too big a profit. But if you hold it longer, until the bitcoin halving occurs next year, I also agree, the profits will definitely double. Especially if bitcoin reaches a new ATH next year, the profits will definitely be even bigger.
So for now, it would be nice to continue buying bitcoin assets. Because most likely, next year bitcoin will experience a greater increase in market price.
If the price of BTC reach $40k next month will you sell?
If it's for me personally, I definitely won't sell the bitcoin assets that I own, because as I wrote above, I will definitely keep waiting, until the bitcoin halving next year. Because if I sell the bitcoins that I have at a price of $ 40k, I will definitely get a profit too. But to be clear, I have a goal, and $40k is not my goal.
I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Some bitcoin investors, surely many are waiting for the price of bitcoin to reach $ 100k and don't sell their assets before the price reaches that price. But according to my estimates, the majority of investors in bitcoin will definitely sell their assets when the halving comes next year.