Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Something is seriously wrong with bitcoin markets. No liquidity? Should we sell?
by
Ambatman
on 29/04/2024, 12:15:38 UTC
⭐ Merited by vapourminer (1)
I am still holding those 2 coins, although getting worried about bitcoin dropping after the halving. I was also worried about bitcoin dropping after the ETF's came out also.

Looking at your past posts you held when Bitcoin fell below your buying price and even bought another.
It all depends on your personal target and real life needs
You can choose to take some profit if you feeling scared but what's a year or two if you have already held since 2022.
Holding for a year plus  is proof that you don't implicitly need the money to survive
You can place a stop loss on $30-$35K your choice and if it ever falls below
Then you should still have a modest profit of around $20K.
But with amount like that holding Bitcoin would really net you profit that would be worth the waits and emotional battles.
so the op purchased at 44k and is now around 126k

sweating a lot and hands want to let go.

but lets see sell 50k worth hold 76k worth and you are a sure winner

still have lots of coin in hodl mode more than one  all original money is back in his pocket.

Your profit taking strategy do amazes me.
OP can choose to place stop loss below the $60K zone  selling the $50K worth since I believe it's been holding quite well.
And can choose to buy some again in another wallet if it falls way below the selling price
Nice merit by the way 7777
My favorite numbers.