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Scraped on 22/07/2025, 04:09:06 UTC
Quote from: freedomgo on July 20, 2025, 11:01:02 PM
Now, why am I taking profits? Most of it are personal reasons. And just to remind us, we should also enjoy the profits that we have, and not just used for re investment, otherwise we will not benefit the profits if we don’t feed ourselves with things that will give us joy and temporary happiness.
I also thinkbelieve that taking a small profit on an investmentprofits from investments is a good step so we can enjoyway to reap the benefits of our investmentinvestments. Realistically, it's very rare for anyone to hold Bitcoin for more than ten years without selling anything. Unless you have a significant amount of money, you don't need to take any profits from Bitcoin. I personally take profits when my portfolio has recorded a 20% increase. I do this several times until I can withdraw all my initial capital and only have the profits to hold for the long term. If I don't use the money for other purposes, I will buy back Bitcoin during a bearish period.
Original archived Re: Why are you taking profit on bitcoin?
Scraped on 22/07/2025, 04:04:25 UTC
Quote from: freedomgo on July 20, 2025, 11:01:02 PM
Now, why am I taking profits? Most of it are personal reasons. And just to remind us, we should also enjoy the profits that we have, and not just used for re investment, otherwise we will not benefit the profits if we don’t feed ourselves with things that will give us joy and temporary happiness.
I also think taking a small profit on an investment is a good step so we can enjoy the benefits of our investment. Realistically, it's very rare for anyone to hold Bitcoin for more than ten years without selling anything.