When BTC reached $69000. I didn't choose to sell it. but the current price of Bitcoin dropped to less than $30000. Is it the most reasonable choice to sell BTC now and turn your attention to other investments? I hope to get some good suggestions. Although I have held BTC for many years. I am not good at management.
When the price of Bitcoin reached its peak, it was worth $69,000. But the price of Bitcoin has fallen again and again while turning from a bull market to a bear market. And when the Bitcoin market rose from that high, those who invested expected it to rise further and they expected to make a profit. But since you haven't sold that bitcoin investment over the years, it's definitely a good move for you. At the moment the price of bitcoin is $30000 dollars but we can expect that in the next year the price of bitcoin will definitely go to a better position. And since you're not interested in selling bitcoins, you hold onto them until the bull market hits you.
The expectation of some investors lured them into loss, some people who purchased bitcoin when the price is low or its on bearish will expected the market to continue flourishing, so I believe that the price that is on bearish investors who happened to invest their money will like to make profit times two higher than the normal price the bought, so the problem of some investors is greediness, like as op narrated, its obvious that makes op did not sell out of it's coin them should be that it was expecting bitcoin to go higher than the figure of bitcoin price op rendered or presented, I believe that op is aware that if it happens to sell out it bitcoin now it may be lost, shall it depends on the value of bitcoin during the time it invested in bitcoin.