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.
There is a target selling price. When that target selling price is met, then that would be the realization of my gains. It couldn't be realized as long as the price of Bitcoin plummets or goes sideways. So I need to be patient and wait for the time when the market recovers and uptrend. I am also looking for the opportunity to DCA to increase my percentage of profit. If the situation makes DCA possible, I don't hesitate to buy more and add more BTC to my portfolio it also goes the same when the opportunity to sell opens (hitting my target selling price).