Selling our bitcoin too early would surely lead to regrets especially when we are never able to buy back bitcoin at that same price we did as when we bought it, many person's are talking about taking profits even some early investors that I know that I started with and I'm like how many bitcoins have you accumulated that you feel you are on the right for taking profits, the truth is many of them came in for the profits and never had any intention of staying or holding bitcoin for a longer term.
At times it is very possible that bitcoin would never go back to former prices and those who were opportunited to have some early bitcoin that they got at a price if 25-30k earlier this year and decides to sell this bull run might never be able to see the likes of bitcoin in those price range ever again and would have to get it at a even higher price, to me if you haven't accumulated up to 5 years you should not be think of selling or taking profits the plan is to allow as much compounding value effect on your portfolio as possible.
When to sell Bitcoin will be the decision of each investor because those who know when they sell their Bitcoin. Maybe someone sells bitcoin at the current price but they only sell a little bitcoin to take advantage. But there are still many investors who still hold their Bitcoin because they think the price of Bitcoin will make his new ATH. When the price of Bitcoin reaches its new ATH price, they will sell the Bitcoin.
But the question is how much is the price of the new ATH because no one knows for sure. For this reason, each investor must be wise if they want to sell their bitcoin. They should have started determining the selling price so that they don't miss out if they want to sell the bitcoin. After Bitcoin reaches its new ATH price, no one knows when the price of Bitcoin will experience more correction. We also don't know if the price will return to $25K- $30k as its lowest price because the lowest price of Bitcoin yesterday was at $15K- $17K, which many of us did not expect.
Who knows, the lowest price of Bitcoin can return to the price of $ 25K- $30k so that it provides an opportunity for investors who have sold their Bitcoin at the price of their new ATH to be able to buy more Bitcoin. The new ATH price for Bitcoin is likely to reach more than $ 100K and can even be higher than that price.