We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.
I believe that we are only experiencing a retracement or a temporary bearish movement to take liquidity to send the price higher. In this situation, I usually do is to buy Bitcoin because I believe the price will go up higher when it takes enough liquidity. If ever we are still in the bearish market, I usually do is to stack some altcoins and Bitcoins, and wait until the bullish market starts.
We have different idea in terms of securing profits because we have different analysis, and beliefs. So if you feel something bad happens to market then it's better to sell. Profit is profit.