Quote from: GigaBit on Today at 05:23:35 PM

Quote from: RaraAvis on July 21, 2025, 09:07:32 PM

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...

Many people are speculating that the price of Bitcoin may fall, but there is no guarantee of this. Bitcoin will fall or rise, but it is not known when it will happen, which is why it is possible to achieve something good from Bitcoin for those who only take the decision to hold Bitcoin. If someone starts selling Bitcoin now, if the price does not fall and increases further, then it is a loss for the person who sold it. Again, if the price of Bitcoin falls, but after a slight decrease, it becomes so bullish that it is beyond the ability of the person who will buy it, then it is still a loss. Therefore, it is necessary to understand very well when taking any decision.

Of course, I agree with you. The op himself said that whale investors are currently heavily invested in Bitcoin. So, if we sell all our holdings in such a situation, I think it would be a big mistake. Yes, the price of Bitcoin is very high now. The amount of profit depends on how long we have held it.

But since we are all more or less long-term investors, selling all BTC will never be the right decision for us. I think if we do not need it very much, we should never decide to sell BTC. Because in the future, we can see that the probability of BTC price increasing is 90%. In such a situation, if you sell your entire holdings, it may take you 2 times longer to build that portfolio again.

So I think we should never sell our entire holdings. No matter how low or high the price is.