Quote from: angrybirdy on Today at 09:34:25 AM

Quote from: serveria.com on October 19, 2023, 10:02:42 PM

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. Why? Knowing the fact that the next bull price will still come as bitcoin continues to grow, so I don't think selling all my bitcoin in the bull market is the best.
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?

In fact, you could sell all or almost all your coins, but only to buy back later, during the bear market. So far, Bitcoin cycles have been quite predictable, so it shouldn't be too complicated to choose the right timing for this. If it's so easy, why not everybody is doing this? The biggest issue is that most people who wanted to sell have sold already, or bought back much less than they converted to fiat and so they don't have coins to earn enough to become filthy rich.

Crypto market is very unpredictable, People can't say when the bull run will start. My advise is you don't have to sell all your holdings, just set a proportion like 50-50 if you're unsure on what will going to happen right after you've sold your bitcoins. If you think short term investment, then sell it all and buy back later when bear market hit and for those Investors with long term plan, They're going to sell 50% and keep the remaining half because they are aware that the value of bitcoin will rise even more as it is continuously growing.

The idea of selling 50% and keeping 50% is also a good idea because we will not be able to predict what will be the highest increase of bitcoin during the bull season. But if you have set your sell target and the bitcoins have reached the sell target then you can also sell all your bitcoins. Sometimes we should not be too greedy because our greed can easily pay the price. Many investors in 2021 made the same mistake when bitcoin hit $69k but they wanted more and in the end they paid the price for their greed.