Post
Topic
Board Bitcoin Discussion
Re: How do you go about realizing gains? If you opt not to, what is your reason?
by
Ale88
on 25/08/2023, 16:15:40 UTC
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.
For me it really depends on the price we will reach during the next bull market: if bitcoin goes above $100k then I think it not going to be easy to keep holding, I can image many people will start selling because we are talking about some serious money. I would sell something, for sure. If for any reason we won't reach $100k than it would be quite a disappointment.