I already sold some of my bitcoin at $55k
I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.
Not happening right now as the price moves to $56k? But good selling price though, just a couple of thousands of dollars from our last all time high. Definitely, it's a good call on your side, since you have made profits already. Might have to wait for a bit for the price to make a correction before you can buy back cheap again. Most likely though if this March turns out profitable for all of us, we might not see $40k'ish again.
No problem if the correction needs more time to come, and if somehow, the price still increases and breaks $60k this weekend, perhaps, I will sell some amount of bitcoin again. That will help me make another profit, and still, I am waiting for the correction, and I am sure that will happen shortly. If we can not see $40k again, that will be okay because the bitcoin price can still stay above $50k for the rest of this year.
I already sold some of my bitcoin at $55k
I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.
indeed the decision to sell is that there must be the courage to hope that there will be another opportunity to buy when it goes down, because bitcoin already become is a short-term investment. it seems that the trend is headed there by bitcoin. quickly go up and quickly down, with a fairly high difference, of course if you use that opportunity it will certainly be not bad.
not all have the courage to make transactions like you do because with a high enough value it seems that the risk of losing is also thought of, even though we believe that bitcoin will increase again after the correction is made. lucky you can take advantage of that moment so that you get an advantage.
I agree that analysis is necessary before taking the steps to be taken.
As long as we can use the buy low and sell high, we will have a chance to profit. I think I still use bitcoin for short-term and long-term investment, and even I already sold some bitcoin at $55k, I still hold my bitcoin for the long-term, and if the price still increases higher, perhaps, I will sell another amount and take another profit.
I want to use this time to make as much profit as I can because I see that the moment is good to buy low and sell high, although sometimes, I need to wait for a day or more, that will be okay for me because I see the market seems doesn't move so fast.
So I will think about selling my bitcoin later. Hodl.
