Everyone’s obsessed with entry points. The perfect buy. The magical dip. The “if only I got in sooner” syndrome.
But here’s the truth. Most people don’t need a better entry.
They need a better exit.
It’s not what gets talked about on YouTube thumbnails or crypto Twitter threads. But it’s what separates seasoned players from emotional bagholders.
You don’t need to time the bottom. You need to know when to take profit.
Rotate early. Don’t marry your bags. They won’t love you back.
Profit isn’t made when you enter. It’s realized when you exit. So stop fantasizing about catching the next 100x from the ground floor.
Start planning how you’ll walk away with your pockets full, not just your hopes high.
That’s the real alpha.
This is indeed a good write-up. Many Bitcoin investors have really been riding with emotions, selling and regretting why they sold their coins in the first place. The truth is, it is not easy predicting the actual price that is perfect to sell and we still can't hodl our Bitcoins for ever. However, this can be made easier if investors have a clear investment goal.
I see most people talk about holding their Bitcoins for a stipulated period of years; maybe 5, 6, or 7 years after which they sell at the expiration of that period at any price they would get at that time.
Others have a price target they aim for. No matter when it happens, whether short term or long term, once Bitcoin's price reaches their targeted price, they sell.
Planning ahead for an exit is very necessary, as it would help investors avoid some unnecessary regrets.
The plan is always needed, even if you are investing BTC, which appreciates time the most.
It's essential to also to keep track of what was already reached, and what's left to get the creams.