Those are good thoughts about selling only when you must. Those that have plans in the longer run, there is a bigger plan if you are not going to sell now. Some have already sold even before crossing $100k mark and that's fine, it's their plan and goal that must have been hit.
But if they have no plans of accumulating again, they're missing the bigger part. IMHO, if something big has already been achieved on their lives with the help of Bitcoin, that's okay.
We only live once and we don't know if we will still be alive tomorrow and so, selling for those important matters and events of their lives, there should be no form of making them regretful.
Of course, we only live once, but we can still hope for a better tomorrow. Our job is simply to try and pray and hope - beyond that, we never know where the end point lies. Of course there is nothing wrong with selling when they need and want to sell it for various reasons - it is none of our business. As long as they sell it at a profit - then it is fine, but the biggest loss is when they rush to sell when the return is not worth it with the risk they took during the investment.
Taking profits when returns reach 3 to 4 times the investment budget is quite satisfactory. Few assets can deliver such high returns over a few years. So, once they've achieved that, selling isn't a problem.
3-4 times of return is already a great sale. We're in it to profit on this market but we just have different goals and that's why others are encouraging to hold more and they're giving a good suggestion.
And that's about selling when you have to and if you have nothing to spend it for then just leave your BTCs alone and plan something until you decide to sell.
It will take a while until we see some great price again for BTC because this is once in a life time opportunity and people who have sold might have hard time in buying one again for themselves.
Each one of us would be having its own approach when it comes to our Bitcoin investment on which if you are that trying to hold for long term then you should mean it and if you are that having some short term approach then you should be selling it out. Doesnt matter on what price you would be trying out to sell off your coins on which what matter the most on here is that you do able to make profit. This has been always been our target in the first place or at the moment that we have decided to make up some investment into this space. Profit trap or whatever it might be called on which it is that still depending on you on what are the decisions that you would be making along the way. Just make it sure that you wouldnt be panicking and not just that relying into other analysis or call outs about on how you would be doing decisions.
You are the ones will be having your own decision whether you would be pulling out yourself and believing that this might be that start of the pullback or reverse or bear market or you would be holding up your position because you've been that having those plans since from the start. Taking profits will be that just up to you on when you would be that doing it. There are just that those times that you would hinder out just because you would be believing that it would be shooting up even more. We are that on the start of the bull run and somewhat anticipated that the price would be having that still that huge pump. We arent that over yet and considering on the current price movement then we are that still that early before we can be able to say that we might be having that reversal. So far Bitcoins dominance is dropping and altcoins is making up some significant jump specially into those top altcoins in the market and to those who had been able to accumulate specially on having those good average buys are racking up some profits as of this moment. This is that proving out that there's that profits into those people who do have diamond hands and not be able to panic out. Profit is profit and never look back so that you wont be having those kind of regrets at the time that the price will be having some correction. Usually we will be looking and made out some regrets at the time that we've seen the price move out even more at the time we do sell or buy.