Quote from: Obim34 on Today at 02:58:32 AM

Taking profit from your Bitcoin investment is not something bad and worth debating since all purpose of investment is basically to get profit at the very end of investing. During this profit taking one should understand a simple terminology like this one, firstly who holds longer makes the best profits, then why collect profits too early if your goal as an investor is to make steady profits with your investment, taking some profits after separate cycles is not bad as per if the need for it occurs.

An investor should already have a plan for how long he needs to invest and when he will take the profits. Making a profit is the goal of investing so that investors can take advantage of it. For a Bitcoin investor, he must really be able to maintain his patience because the price will always go up and down.

What is important is that a Bitcoin investor can hold his Bitcoin for a certain period. As long as he could buy at the lowest price and hold it, he could expect to make a profit. But it would be even better if he could use the DCA method so he could buy Bitcoin regularly.

With Bitcoin's current rise, it gives hope to new investors because they can see the profits starting to come. And for other investors who want to take advantage, they need to start determining their target selling price and wait for it.