Post
Topic
Board Bitcoin Discussion
Re: How to manage bitcoin correctly?
by
Natalim
on 03/08/2023, 20:45:30 UTC
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.
Perhaps, you are good at holding but not good at making decisions about when to sell them. You have been influenced by someone people talking about hold but this is not mean that we have to hold forever because profit can just be earned if we sell our Bitcoin at a higher price. What I can say/suggest to you is to just continue holding and never make a miss to sell them when the market turns bullish. Many people had missed their chance to sell them on its ATH because of thinking that there is more, if you have that kind of mindset, better to stop and change it otherwise, this will be the reason fo your failure.