I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,
but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.
I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?
and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...
Look at the bigger picture and think about the time when the BTC price will touch, say $100k. If you fix a selling price very high, this will certainly reduce the temptations. Imagine a person who purchased BTC in 2011 and held it for 13 years, his profit from this investment is huge. Now think you are that person in 2035, you can calculate the profit margin and this will help you calm your nerves.