Quote from: Nwada001 on August 22, 2023, 11:45:25 PM

I don't know about others, but if the market turns around now, which I believe will definitely happen in times to come, I will sell the bitcoin that I bought during this unexpected bearish market. Those bitcoins are not for long-term holding, and the purpose of buying them was to realize a fear profit when the market turns around. I just wanted to be part of the people keeping the buying circle alive, even though my purchase was a small unit.

So taking profit will happen if I can see bitcoin back again in the range of $30,000+, as it will give me little profit added to the initial purpose I had when the price was at $26k+. It's only those who don't care about a shot and a few profits that will make any sales even if the price turns around today, as their main purpose is to accumulate as much as they can at every given opportunity, maybe until the market hits a new ATH. That's what could finally move them to sell off some of their holdings and record profits.
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Realizing gains typically involves selling your investments when their value has increased.its all about selling your investments when their value has gone up.
If a market happens to turn around today I'll definitely want to sell my Bitcoin,if I happen not to sell them it's simply because I believe in long -term investments.whereas m supposed to sell them when the market turns around so I can realize my gain.