Well, yeah, like you said, it's very difficult to specifically know the price of Bitcoin in the next bull market. People can only speculate on the price, but that doesn't mean that it's going to be so. And in the aspect of selling one's Bitcoin asset, well, you know that every investor, be it in Bitcoin or other assets, has their own individual goals, which are usually different, so some people can decide to sell so early at any price they feel they are ok with, while others will keep holding for the next and upcoming bull market. For me, I have some goals I want to archive, but the way I planned it, I can only archive them if Bitcoin spikes and gives me a huge profit that can be used to settle them. But again, even if the Bitcoin price spikes today, I definitely will not sell everything at once; it's just to sell a few fractions of my holding.
But as time goes by it doesn't mean we have to stay silent by just speculating and waiting, I think we should be able to take more advantage of every condition, just like bitcoin which is very volatile there and that means we shouldn't waste any time or opportunity we have to keep learning because bitcoin will continue to grow and we also as investors must be able to keep up with the new things that arise from bitcoin by continuing to learn from various best references according to you. Well on the other hand I understand that indeed every investor must have the best way and planning to be able to achieve their respective goals, and of course because of that we can see some of them who are always firm and follow the plan and there are also those who even stop halfway because for example there is something more important for example so they sell some of their bitcoin at a time that can be said to be less appropriate or even a little loss.
Yes and indeed I think all bitcoin players should be able to stick to their stance to get bigger profits, like you said, you will never want to sell if it is far from the target you have set, but well there are always conditions that will force us because of urgent needs maybe. That's the point, I think everyone has their own perspective in making every decision that they think is best.
That is hard for some people because they do not end up getting what they want out of this. I feel like it's a tough thing to handle and I understand why that would be a bad feeling as well, it's totally understandable and should be considered as a good thing. I believe that we are going to end up with something that would be a lot better, I think it should be something that would be a lot better but also a tough one.
People can't just buy and hold, there are many reasons for it, there could be bills to pay, emergency, just fear, there are plenty of reasons really. I do agree that they should, and I am sure that half of all the people who sold do agree that they shouldn't, but they had to and that's a valid reason.
