Quote from: uswa56 on February 13, 2024, 08:22:49 PM

Quote from: adultcrypto on February 04, 2024, 08:54:05 AM

This is a good post for those doing short term investments in Bitcoin as it offers them the opportunity to exit the market at the best times. The only challenge with liquidating the entire assets in the form of taking profit is that most times the money taken out of Bitcoin will most likely return to Bitcoin and may be spent in other things or invested in other assets when Bitcoin still remain the best asset to invest in. Because of this, I do not consider liquidating my entire asset even if Bitcoin makes a new ATH, I prefer holding as long as it is necessary.

Each person has their own preferences in terms of saving and also in terms of investing by creating their own time period in an asset such as Bitcoin. And I think for now it seems it would be wise to hold it for a little longer term because Bitcoin has passed the $50K price which is generally a very good thing because I personally never imagined that within this month Bitcoin would be at that price. But in reality it is and it is really good for Bitcoin custodians and for investors who don't like to exchange Bitcoins in a short time.

This is where plans and analysis would really be applied and its true that it would really differ to each other but we are sharing up on the same common goal on which is to make money or profit.
Taking profit decisions would really be always talking about having those gains or greens into your port. There are really just those people who are really that just that too greedy on the time that they would be seeing that they are making money on which they have forgotten that they should really be taking profits on the time that they do see some gains and not wait up for some dump.

People do miss out those opportunities and ended up on having those regrets. Just like been said that learnings do comes from in the end and not from the start.
With those experiences that you are able to encounter. You would really be finding yourself that be able to learn from it on which on next time
then you do already know on what you should gonna do on such situation.