Haha, that made me laugh. But that's so true, we've waited for this moment and it's the right time to sell some, not all. But if there really are people that claims that they haven't sold any satoshi at all, they're admirable because at these times the first thing that a holder will have to think is about that we've probably at the next peak although there's an expected another one that's about to come. But you know, time is precious and whenever we're at that times, we have to value and decide the right thing to do.
There are ways for each to take advantage of the very maximum increase in the price of bitcoin like now and almost most people will sell some percent of the bitcoins they own to make a profit.
Holding always says they will hold and maybe for big companies they will continue to hold the ownership they have but what about small investors like us, will they continue to hold and will not sell some of the bitcoins they have when the price increases to the maximum.
I think it's okay to sell some of the bitcoins we have and see the opportunity in the decline to reaccumulate the bitcoins.
Holding is always profitable because the price of Bitcoin will definitely increase based on the period, but we also need to think about how to accumulate so that Bitcoin ownership can continue to increase slowly, especially for investors like us.
It is no doubt that it's okay to sell some but don't oversell and if there is a chance that you can recover that then through other means by buying back, do it as much as possible. You've been holding for so long, so taking a slice of the cake is a good reward for yourself and you can do anything with that once you've done it. And like what's happening to the market now, it's correcting so profit taking at $98k-$99k did it and they can buyback if they want to now.
Haha, that made me laugh. But that's so true, we've waited for this moment and it's the right time to sell some, not all. But if there really are people that claims that they haven't sold any satoshi at all, they're admirable because at these times the first thing that a holder will have to think is about that we've probably at the next peak although there's an expected another one that's about to come. But you know, time is precious and whenever we're at that times, we have to value and decide the right thing to do.
I don't believe someone can hold bitcoin for years or hold through 1 or 2 bull cycles without selling any bitcoin. But I have some friends who have been accumulating bitcoin since the 2022 bear season, they have not sold any bitcoin in this bull run yet because things have not reached their target yet. Also, it depends on the economic conditions, some people made a lot of money from the previous bull season and they are reinvesting that profit. Not to mention, they have a stable economy, they also have no reason to rush to sell at this price when the official bull season has just begun.
We should not impose our thoughts on others just because they are not like us. The thinking of big investors and small investors is sometimes different. If we notice, while many people are selling and taking profits, ETFs are still buying every day.
As for economic conditions, that's true as well. When someone isn't on a good condition whether it's with country's economy or personal, there is no other choice but to sell. While the others are going to talk about holding forever, it's a good plan but along the way there might be a chance that they'd sell as well but again, do not oversell.