Quote from: obuoma on February 17, 2025, 06:09:42 PM

Quote from: White pawn on February 15, 2025, 02:45:47 AM

The best time to sell your investment often depends on several factors, including market performance, your investment goals, and whether your investment has reached your target price or value. It's important to assess the overall market conditions, such as economic indicators and trends, as well as your personal financial situation and investment strategy. If you have specific goals or a target return in mind, that can also guide your decision on when to sell.

You can also sell your investment if there's a pressing financial needs,or obligation that might prompt you to sell your investment no matter the market conditions.
The decision to sell investment should always be carefully considered because of the individual circumstances and investing strategy.

I don't think selling your bitcoin investment anytime you have financial needs is the best ideas more especially if you are a long term investor. First before you start investing in bitcoin you suppose to have source of income and set outside some funds for your basic needs and possible have an emergency fund so that you don't tamper your bitcoin any how.

Most people invest for the long run because they expect the profits to be made as what should solve part of their problems in the future or used to start up a business or some for retirement plans.

I still agree, that any investor investing in Bitcoin should first of all allocate emergency funds, money slaughtering incidents are expected to happen, not ideal to begin selling off what you hold in urgent need of funds, each investor needs to get prepared for times like this, emerging getting to sell from your portfolio just to solve a pressing issue when the price of Bitcoin is half the price of when it was bought.