I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
What do you do?
On what principles guide your actions in the realm of Bitcoin (BTC)?
For me, holding bitcoin for the long term doesn't mean I will hold it forever without touching it, but I have made a strategy and have determined when I should sell the bitcoin I hold, like right now, the market is bullish so I sell some of the bitcoin I hold for looking for profits from the ups and downs of price movements and partly I continue to hold it until the Bitcoin halving event occurs so that I have the opportunity to get the highest peak price when I sell it later.