As an investor on bitcoin,I know that most people invested to make profit by buying their bitcoin and try their possible best to hold on to their bitcoin till the next bull run,which will be a perfect time to sell and make profit. My question goes like this
1. What price do you think that bitcoin will hit in the next ATH.
2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.
Let's discuss.
When I retire is the right answer for sure. I see that some people think that when they have "enough" to retire they will sell, and that seems like a great deal. I feel like I won't sell all my bitcoins even on that case but I will start to sell and live off that.
I am planning on saving and making as much bitcoin as I possibly could while working, and when I have enough to retire, I will just end up working towards spending that money, which will decrease the amount of bitcoins I have, of course price of bitcoin could go up during that time and the amount of fiat I have may increase even while I am spending, but that's not the point. In the end, I need to reach to a point where selling bitcoin to live is doable, that's great.