I promise myself that I will hold my coins till the price of BTC reach $100k before I will think of releasing the coins to the market to make some millions, but over one year and some months now the price don't want to reach $70k or $100k, and I feel like selling the coins to solve some issues in this current price $25k so that my neighbors will not laugh at me and my family because, I hat begging people to borrow money to solve problems than to use what I have at the moment to solve it. Well, if I sell the BTC now I will not regret because I bought the BTC when the price was $20k last year, and if I sell now at least I have little profits to make to solve the problem because there will surely be another bear to buy and hold again. I was told that some people have been holding BTC over 7 or 8 years for the price of BTC to reach a particular price of their choice before they can sell, does it mean they don't have issues to solve by selling their BTC? Or they have other way to get the money to solve the issues without selling their BTC? because it hard me to hold long like one year when there are some important things to buy.
Not that I don't make profits when I hold, but to hold for that particular price to come to pass is the major challenge to me, can you share your idea on how to make it real in the future for that your target price to come to pass, so that people that are facing the same problem like me will learn.
Op, I don't know how much you invested, as that will determined how much profit you will make, just like you said you invested when Bitcoin was $20k and as of the time you posted this thread Bitcoin was $25k to me it's a great profit if you have invested with good amount of money. However, sometimes you must not wait for 7 or 10 years before you will pull out your money, you have an issue fine, that issue you have is it that pressing, is it worth it these are the question you need to ask yourself because if it's not worth I will advice you leave your investment to keep growing unless say you be this type of people wey there body dey tortori them when dey see profit for their investment. You asking for advice on how to hold your coin for long period of time this one na something wey you suppose teach yourself no be to go ask people.