Quote from: Miles2006 on October 16, 2023, 04:26:08 PM

Have seen a lot of threads talking about the bull market, and everyone making comments.
I don't think selling all bitcoin in the bull market is a good idea.

The decision is a personal decision that only the investor can decide on what to do with his/her bitcoins. Everyone has his plans and before investing you should also have your plan on how to do with your bitcoin whenever the market is going upwards or downwards or did you just invest in bitcoin because you see everyone investing or did you invest for a different reason? Only you can decide on what to do with it. We are all aware that bitcoin has the potential to keep growing especially after it’s halving so you would want to be careful not to end up selling all your bitcoins because buying back might cost you more. You just need to understand and make plans for yourself, set a certain price for yourself that when bitcoin eventually hits it you will sell a certain percentage of your assets and hodl the remainder. You can repeat this strategy if bitcoins price keep multiplying your asset.

Quote from: Miles2006 on October 16, 2023, 04:26:08 PM

Everyone is holdle bitcoin in the bear market and planning to sell in the bull market, now, when finally, the bull market comes should I sell all my bitcoins and prepare to accumulate from afresh in the next bear market again? or should I keep some percentage to continue the accumulation?

Come to think of it, when the bull run finally arrives and you sell off all your bitcoins and made a reasonable profit and bitcoins price keep going up you rae going to miss out on the continuous opportunity to realize more profit from the market and you can not think of buying back yet because the price keeps increasing and it would be risky to buy at an high price because you don’t know how far the price will keep going. So it would be wise not to sell all of your bitcoin so you can keep realizing profit from the market.

Quote from: hatshepsut93 on October 16, 2023, 04:44:15 PM

You can always buy back later for the next bull run. And looking at the past performance, the price difference between bull market and bear market is quite big, so in the past selling all coins wasn't a risky decision if you sell late during the bull run. The biggest risk in selling all coins is that the price will keep going up and never fall down below that level ever again. To avoid this it's better to not sell early in the bull market and wait for the bull market to mature.

It is quite possible to buy back later but will bitcoin price fall back below or up to the price he initially got his bitcoins? I doubt it but it is possible though, the best thing is to avoid costly mistakes when the bull run arrives. I advise not to sell all but if he must he should until the bull run matures just as you said before selling them. Selling all your bitcoin too early will make one regret his decision and buying back might be challenging because of the cost of buying back.