The right time to sell is when you're totally satisfied with your profit; there's no specific years 'coz you could either sell after 10 years or 10 months depending on you as the investor. Some would say hold 'til $100k and there will be people telling you to sell already 'coz there's a tendency for a dump to occur given that the market has been 'up' for a couple of months. Bottomline is having no assurance of which way will its market value go; either up or down without any clue of when will such movement occur. So better focus establishing a 'winning' mindset; if you're down to hold for years or decades then you are free to do so and same thing goes for short term holders. No other people can dictate what's best other than the investor himself 'coz we are all just guessing the next price movement.

Quote from: Charles-Tim on Today at 02:08:29 PM

If I hold bitcoin during the bear market and the price started to increase as planned, I will sell 70% of it after a significant bull market. I can not hold most of my coins more than 2 years and I will prefer to buy more after another bear market. For people that do not sell at all, the price may come down but it will later go back up.

Taking profit is indeed necessary and no one requires us to 'move' our assets fully and as a whole. It is a great idea taking partial profit given the fact and as mentioned above that no one can guarantee that its value will reach xxxxxxxx amount. At least, if ever something negative happen, you're still in profit with no loss at all.

Quote from: Tamaperdana on Today at 02:25:20 PM

Quote from: OddJobsForBitcoin on Today at 11:24:35 AM

Snip.

ONLY for HODLers please. PLease share when you'll be happy to sell.

Every bitcoin investor who holds bitcoin must have a certain time period or certain price to sell it. Personally, I would probably prefer to sell my bitcoin assets only when I really need them. Because this action for me is a wise action. Because if, for example, I sell bitcoin assets when I don't have a big need, I'm afraid the money will be wasted. Because money, if it's already in your wallet, is used up very quickly. That's why I decided to sell bitcoin, only when I really needed it.

Problem is with people who are comparing early investors to investors at the present without considering why some of them really managed to do so. Some of the early investors did not really anticipate its value right now. Some even forgot where their hard wallets are placed, and just happened to see it when the price is already 'up', which is fortunate of them. Some sold it already and basically, we are just having this impression of them 'coz we know to ourselves that we will do the same thing before only because we already saw its potential turn to reality. That's basically how regrets work.