Ibought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. 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. If the price of BTC reach $40k next month will you sell? 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.
It depends on how one uses the investment strategy and some people will sell bitcoin when it reaches $40k, if the buyer's capital is at a price like your purchase and will buy back when the price drops below that. When you take a long-term investment approach, the move towards ATH is a good time to sell bitcoin, because you have made a long-term target of making a large return on the investment you are living. The power of investing in bitcoin can bring someone to a high level of trust, as long as they understand the journey of bitcoin and investing is done correctly.
The question is how can you accumulate purchases to increase the amount of bitcoin holdings you have and if the nature of the investment you are in is implementing a long term strategy. I have views and answers for that, but I would like to hear how you go about doing it? so that the investment you run is more productive and can increase the amount every time.