Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Retail is selling bitcoin to institutional players
by
BitMaxz
on 17/05/2025, 23:42:58 UTC
⭐ Merited by The Cryptovator (1)
What I see here you are suggesting to keep HODL, but honestly, why hold for too long if you already made a profit when the price dropped recently to $75k, and you bought some of them, The price is already increased more than 25% within a month with the current price of $103k. It's a huge profit compared to holding money in the bank, which offers a maximum of 6% APY, which is a yearly and very low profit.

There's no problem with selling Bitcoin if you have already made a profit. Why not sell them and wait again when the price drops to a much cheaper price?
I am not FUD or something influencing other retail traders to sell their holdings, but I just don't want to lose this opportunity while it's still in the 6 figures. Maybe this is the highest price this Q2.
Or I think you'd better sell the partial amount of your holdings; just don't miss this opportunity, because we don't know what the price could be later. The market always has a market shift. Taking some profit isn't wrong because you can also use those profits later for the better price once the price drops again below 100k.