Good for you and I wish you the best of luck on this. But for me, I understand the economics around Bitcoin, so I am selling 70% of my Bitcoin holding somewhere around 2025. If it continues to rise, I will still be happy with the leftover 30% because I've already gained a lot by holding Bitcoin since 2022. I want to plan smartly that way because Bitcoin always has its bullish and bearish seasons, we are in the bullish season now, and that's why the hope and excitement have rekindled but I won't forget history so soon. I will divest that percentage to reinvest it in the next bullish cycle. This is practical, I will make more money doing that.
Yeah, many people does this. I have my order set at 200k, it's a different approach than yours, I am not selling "at some time", I have a certain price in mind, it's 200k. If it reaches that price, I highly doubt it will go any further higher, it won't be 300k or something, it will peak at near 200k and stop there.
If it starts to drop, like go to 190k and then start to fall, I will get out at 150k, so for me the only possible way that I would do badly would be price going to 170k, then going back to 150k, and then going to 200k+, in that case I would be selling way too early. Aside from that, I have my plan set already, and I will get out either at 200k or at 150k, it's one of those two options, then I will wait for it to reach 50k, hopefully during sometime at bear market it will go down that much and when it does, I will end up buying it back, this time either 3x the amount or x4 the amount I own right now, should be a great profit.