As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
That was another missed opportunity for someones who has always aim to see bitcoin price at its peak. Now that it happens, you're not there to monitor the market but only leave with you a very disappointing price that anyone will feel the regret of not having to sell when the market value is at its peak. But that's okay, as cheaper price opens new opportunity to accumulate more bitcoin at a very affordable price.
However, bitcoin has always seen recovering from its deepest price drop, so don't be too alarmed but wait for the market to recover again so you can sell at its very impressive price.
This is why some people do really prefer on doing active trading on which they could really be able to sell out whenever they do saw 30% gain. How much more on 2-3x of your entry price? For sure you would really be having no doubt on selling it out immediately. Just like on what others been saying that it cant really be avoided that you would really be having those doubts that it might be shooting up even more and we know
that once that FOMO would kick in then it would really be that possible that it could shoot up even more when it comes to its value and this is something that you would really be thinking and this what makes you
hesitated on selling out your position because it would really be that so questionable on whats going on? Why so much pump? For those who do have that enough experience in the market that this cant
last up forever on which correction would really be that next in line.
You would really be that upset once you do see again the price is going back into the floor on which you would really be murmuring that you should have sold out into that point and would be making out
some buybacks on the time that it would be corrected. This is why it would be wise that you should take profits on the time that it would be reaching out into that point.
There are really those people who are really that wise on doing such thing and this is why they would be seeing profits in short span of time without needing to wait up for long years.