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Re: Taking profits vs bitcoin value
by
kotajikikox
on 18/03/2024, 08:47:37 UTC
Thanks for the reply. I'm not taking profits at the moment. I am 'hodling' because I expect the Bitcoin unit price to increase quite a bit. But at the same time, I don't want to acquire more bitcoin at this high price because if the unit price eventually falls below the price that I paid for it, then this higher price purchase will start to detract from my profits. I don't want that at this point. I would prefer to take profit in something stronger than the failing US currency. Just saying. You can comment if you like. Thanks
If you have nothing important to spend your bitcoin then why need to take profit ? but since you have mentioned of no intention to sell then you have got what you need to hear , explained by the first poster .
expecting that you don't need many answers because that is more than enough to understand what ou wanted to get from the community.