Let's see if those of you who sold out of panic when the price went down to $80K or sold for profits because the price went up $10 learn this lesson. The institutions have it clear. There are more and more of them and many more are going to buy bitcoin in the future. And they will not sell for many years, some may never sell bitcoin and simply borrow against it as many already do or take yields in some other way.
If you sell now in a few years don't complain that institutions have hoarded bitcoin, and that it's unfair and capitalism and such.
Just HODL.
There is nothing wrong in selling for profit or deciding to sell at a certain stop loss percentage. After all, it is their BTC, not ours. Let them decide what they wanted on their BTC holdings, we should just focus on our holdings.
It is the right of the owner of BTC to decide whether they want to cash in or cash out for their investment, we have been repeating ourselves to remind them of the possible good future of the Bitcoin market, even to the extent of giving an example of institutional adoption and showing how the market is shifting to institutional investors, but if they don't listen let them be.
Let them realize it themselves through their personal experience.
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.
See, this is precisely the (wrong) mindset I am talking about.You are not going to get more profitability trying to time the market than just HODLing, and if you are going to tell me you are I expect you to provide evidence of it, long term, not just one trade.
It looks like I have the same thought with @Bitmaxz, It is not a wrong mindset IMO, it is good to sell when the price is at its peak and rebuy when the price goes down, This way the person's holdings will increase. I don't think I need to give an example for this because it is obvious that an extra profit from selling high will yield more BTC when buying low.
Or I think you'd better sell the partial amount of your holdings;
Selling partially is OK IMO depending on the situation.
Whole or partially is fine in selling when Bitcoin is at its peak, and repurchasing with the money from the previous sales (intact) will yield more BTC when buying at lower price. Actually this is way more brilliant than just holding BTC. Remember Bitcoin market moves in a cycle, one just needs to get the right timing to execute the sell-high buy-low strategy every cycle.