Quote from: lienfaye on December 29, 2024, 11:32:42 AM

Quote from: moneystery on December 29, 2024, 06:11:38 AM

Quote from: LUCKMCFLY on December 23, 2024, 01:35:24 PM

And that is a great goal, very understandable and the truth is I support it, there is nothing better than having a good time with the family and more so if you have been saving in btc for a long time and if you have benefits then you have to enjoy it, and each one of us has different objectives, goals and that is the most important thing, as long as you have objectives and they are achieved one should take it and enjoy it, that is what life is about, I consider that we come to this world to enjoy and have a good time, not to have a bad time, and if happiness is in the family then you have to do what is necessary for it.

that's right, when someone has achieved their goal, then they can choose to sell some of the investment they made and use the money for whatever they want, whether it's a vacation, buying goods, or just securing profit. there are many investors who hold back from selling even when their goal has been achieved, and when the price of bitcoin drops they regret why they didn't sell when the price was right. tnvestment should make us enjoy it, not the other way around, makes us stressed and unable to enjoy it.

Well, it's really better to keep holding if you want to gain more. However, having a plan and goal are crucial because the result is sometimes not what we expected it to be. Just like the consistent increase in price of our holdings, bearish season is inevitable too which we can't predict accurately when it might going to happen.

Therefore, taking profit is advisable. I hold my Bitcoin for years already and it already reached my target price to sell. Though it's good to do so, I just sell some and decided to keep the 50% of my assets. This way, regardless of the price will turn up or down, I already enjoy some of my earnings hence i'm not going to feel bad about my decision to take profit.

Thats why its really that important that whenever you are already contented into the profit that you had made then the best thing to do is to secure it out once you are that having that kind of chance, but if you are really that holding up for long term then this will be that a stress free thing because you do just simply holding up your position and never make yourself that being easily affected with market conditions. Profit is profit and this will really be your main target or goals because on the time that you do keep on worrying about your investment then it will be that always that recommended that you should be that having that risks management at the time or moment that you do make out some investment. On the time or moment that you will be having that excessive investment on which you had put up that entirely put your life savings with it on which this is really that a very risks thing to do. On the moment that you will be having that investment then its best that you should really know your limits on which at the time that market do make out shifts then you do really know on what you would gonna do.