Quote from: Ultegra134 on December 20, 2024, 11:54:36 PM

Quote from: khiholangkang on December 12, 2024, 08:22:13 PM

Yep that's right, do you have a target price of selling Bitcoin you have? I think everyone has this kind of thing in his mind about Bitcoin, if not at the price, the target of selling time, such as in the next 4 years or 10 years.

Like what is in my mind in this cycle targets the price of Bitcoin at $ 150K for the sale of half of my Bitcoin ownership in this cycle to attract some benefits and realize it for the growth of my offline business or traveling with my family.

Oh well, I also had a price in mind, approximately $80,000, but guess what? This target was blown away before I could even realise what happened. To be honest, I wasn't expecting Bitcoin to surpass $100,000 so soon, so I was caught by surprise, thus, my initial plan was cancelled before it even started. Although I'm tempted to sell, I currently haven't thought of a way of withdrawing the money without paying up to 15% income tax on that amount, because as I said earlier, I wasn't anticipating such rapid growth.

Am I tempted? Definitely, am I going to sell? That's quite unlikely, as I'm not in immediate need of money, thus, I could even wait till the next bull cycle in a few years. Who knows?

It comes back to you, I sell not to avoid losses, so experience regret if the price continues to rise like what you do, it has become a target and I have arranged it in my investment plan, because what is the key to an investment is to save to get more, and we must have enough in life so as not to be greedy.

The most important thing in investment is to stay on track with your own goals in the financial world, as I mentioned you can talk price or time to sell your holdings, and you must realize what you have to achieve.