Quote from: wallet4bitcoin on Today at 09:57:44 AM

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?

It solely depends on what your reason for investing in bitcoin is. Let's say you buy to sell it off at bull season, you can sell off and make some gains which is actually your target reason for buying it but if you are buying for store of value then you have no business selling it at all. Whether bull or bear, until your said time of giving away the value. That's just my take on it though.

Whatever the reason that we have whether we are selling or not during the bull season was not a problem. The most important is that we are selling for a profit, not losses. I admit that I was planning to sell my Bitcoin when the price went high again and I can't even wait for the ATH. Perhaps, it is an individual decision, we can do whatever we want. Holding for many years seems not even a good idea for me and why? That is because I think that I already miss the opportunity.