Post
Topic
Board Beginners & Help
Re: Why are you taking profit on bitcoin?
by
EluguHcman
on 22/07/2025, 08:34:52 UTC
Holding a long time is key to get profit with your investment in Bitcoin but people mostly shake their hands in corrections, dips during a bull run or in a bear market with panic sell. It is very easy to say hold while practically it is really hard to do with people who are newbies and lack of knowledge of Bitcoin market cycle as well as power of holding.

If you have profit and want to take it, is it bad action? I really don't think so but my advice is if you can try to hold your bitcoin over some market cycles like two or three, you can get very good profit and also feel less headache than trying to time the market within only one market cycle.
And most times, what thrives this behavior is pegged on the investors source of active Incomes because once it is negatively affected, even those who strives of holding for a longer time would have no choice than to sell their assets for their short term needs.
 
And this is why there is need for diversifications for source of Incomes so that on no account should you be prompted to sell out of emergency needs that would cut you off from your earlier On investment plans.

However, we literally can no troll on those selling in the short term because every investors reacts according to their emotions and their active incomes which everyone must not have to be long term investors even though we know long term investment plans is the best for investors to maximize their profits.

Indeed there is always that term of garbage in and garbage out in the crypto markets as long the retailers are there.