This is the period to sell your bitcoin, if you are still holding bitcoins in your wallet, do your self a favor to release your bitcoin because the price has increased above $82,000, I don't think it will hit the price many people are waiting to see this year which is $100,000, but it will definitely get to that price before the end of next year, do you think it will reach $100,000 this year? With my observation, this is not time to buy bitcoin from the market because the price has moved higher which will not allow people to make good income whenever they want to see in the future.
We can see bitcoin all time high of $89530 now an investor can sell bitcoin and still hold his investment but it is his personal choice. Here people will not pressure anyone to sell the investment they are holding because I am holding my investment but again I have set a certain price in myself that I will sell my investment if it goes to that price. Bitcoin's current upward momentum suggests that Bitcoin will cross $100,000 by November. You might be guessing that Bitcoin won't reach $100,000 this year, but if you look at the current Bitcoin market, you must have dispelled that misconception. I think bitcoin will touch $100000 within these few days.
To me it sounds that you don't have very long term plans in regards to your bitcoin 2Pizza410000BTC, and you are planning to either try to trade them or you are just wanting to lock in dollar profits.
So yeah, so far you are in the midst of a trade.. since perhaps if we go by your forum registration date, you started around 18 months ago - ish.. .
A lot of folks failed to get rich and stayed poor in their fucking around with trading BTC.. but yeah, of course, you can do whatever you want if you think that you are smarter than the market.
Most times, it is some real sort of emotional battle to continue holding despite seeing short-term mouthwatering profits in your investment, like over the last two weeks or less than that I've noticed considerable profits in my little investment, and I can only wonder what the long-term would be. I cannot deny that the trader mindset crept in, but I resisted. I wonder if anyone else experiences these?
Can I argue that short-term profits can corrupt the mindset of an investor and turn him to a trader if he is not careful with his decisions and the thoughts he entertains when he starts noticing them in good quantities, because it is really very tempting from a human point of view. This is more reason it is good to fuel your thoughts with desires to accumulate more and having a bigger picture in mind and not being overly appreciative of your current success rate.
It really take lots and lots of discipline and dedication to remain in this journey for a long term, Investors and discipline should be like 5&6.