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My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.

Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?

Your brother might just be interested in trading, and not interested in Bitcoin itself as a technology. So in this case, he probably made the right choice because I think tripling your money in such a short timespan(3 months?) is good enough.

You regretted doing it. So I assume you now know what to do next time knowing how much your brother made. Just take note of the risks you're taking. While Bitcoin can 3x in no time, it can also crash 3x or even higher in no time.


This is mainly a Bitcoin forum, so we can say with confidence that majority here are Bitcoin enthusiasts(probably besides the people solely focused on bounties), so you're mostly going to find 3 types of people:

1. Holders: People who hold Bitcoin
2. Traders: People who don't have Bitcoin temporarily because they sold and are planning on buying back lower
3. Those degeneratespeople who only hold shitcoins from bounty campaigns

Users have different price targets to be reached, if what he has aimed is reached cashing out seems to be the right choice. There are users who expected big out of greed and has lost big missing the chance to make use of the growth that yields the profit.

People who prefer holding used to fix time period and price target, here user will get good return after specific number of year, in between if there is good growth in the price that's been predicted to be reached after a specific number of year then it is good to cash out.

Getting the investment triple in less than five months time is not a simple thing to achieve through any form of investment. This way I too prefer cashing out of the profit leaving the capital investment which could once again grow over the years.

Dear its up to your brother choice and plane that what was?
If he had invested money for just doing trading i-e invest in bitcoins when price is low and cash out it when price cross peak value that was set in his mind then that's over and was simple plane. But there are large people who want to play in bitcoins for long term and just not seeing to 5-4K$ benefit but they are thinking so far bitcoins in 50K$ which is possible in future.

I'm not afraid of investing on Bitcoin.. but I'm run out cash! so good for your brother tripled its investment. have you asked him if he is waiting for Bitcoin below the current prices to buy?

Don't worry about him and don't show any interest to his money although you are brothers but it should be separated from being brothers. He did a good job for selling at high price so just be happy for him.

If you regret not investing at lows, there's still a chance to do it and that is now.

We are in a bitcoin forum and everyone here has a different taste about investing and taking risk. Majority isn't afraid of investing and if you don't hold any bitcoin now, decide for yourself.

The most common scenarios I see in the world of crypto:

a) if price increases, "damn I forgot to buy when bitcoin was still on $3,000" - but the thing here is, they are really expecting for the price to become much lowered before will make an entry.

b) if price decrease, "damn I forgot to sold out during $15,000, what will I do now" - but the thing here is, they are expecting $50,000+.

No one really knows what will happen next. Don't set too much target if the purpose is to take advantage of the price increase then trying to make a re-entry later on. Just do HODL, literally without touching or selling it, if the purpose is to risks it on your precious stash for a long period of time.

---

Don't regret forever.

Time now to make a self-study and plan for your first BTC entry.

Honestly, your brother did a wonderful job by selling the bitcoin. He already tripled his money, it's enough! Look at the market now, BTC price is falling down! Yesterday it was going to hit 14K USD, and now BTC seems going under 10K USD! If BTC price bounces back again at 15K USD, your brother should not be regret, because he has tripled money from his investment. This is not the right time to invest in Bitcoin, the bear market was! Yesterday I sold mine and now I am holding 20%! I will buy again when BTC price comes down!

Its great to profit after a short while like this especially if your aim is to trade but I still see room for more profits in the coming weeks

your brother is really lucky to buy when the price is down. but selling it right now is not a good idea
this is just the start of bull run and i think the price now is still very cheap and we can expect more in the next few months.

To each his own. There's absolutely nothing wrong with tripling one's investment and walking away. I personally think we're going much higher over the next several years -- which is why most of my bitcoins are in cold storage -- but it's a free market. If he wants to lock in his dollar gains, he should.


I always feel regret looking back at how much I spent or sold at much lower prices.

I never regretted investing in Bitcoin, but I was also lucky with timing. I never lost any of my initial investment in the 2014 and 2018 corrections. I'm sure it's different for people who bought closer to the tops and had to wait out the bear markets.

It was a smart move by your brother, as traders perspective, your brother not might be a holder.

Nothing to regret, you missed one train then wait for the other one and this time work as a team with your brother. A team work/decision brings fruitful results, if not always then its most of the time.

As an example, I and my brother working together. Our capital is combined together, we take decision together by putting logic on the table. When I fall in greed trap my brother pulls me back and vice versa.

I like team work...  :)

I believe your brother knows what he is doing.  Tripling his investment is a great profit.  He invest to have a profit not to use the technology Bitcoin is offering so you cannot stop him even if you advise him to do so.  As for your regret of not investing in Bitcoin,  just let it go.  You won't turn back time, so next time,  if ever you see a window of opportunity to invest in Bitcoin do not hesitate.

Its still not too late for you to jump in as speculators see trend will continue till end of this year or perhaps till early next year. You may see dips like what happened today where from $12,800 USD, BTC price dropped to $10,850 USD, that's 15% drop but its still ok to enter as this usuallt happens after a rally or a bull run. You can also wait when the market corrections happen.

He made a good exit in the market making a huge profit, that’s why the price of bitcoin continues to down because of so many profit takers. Well, i still hold bitcoin and I still believe that it can rise again. I have no regrets, this is not the peak price yet so don’t panic at all.

It's actually one of the most sane things to do if one is to profit. 300% increase in investment is no joke, and you can't find it anywhere else but bitcoin and crypto. I have actually done the same countless of times and feel no regret whatsoever even if the price is to kick higher than what I sold it for. Profit is profit, no matter how small or big. The reason why a lot of people lose a lot of money in the scene is because they are too greedy and are waiting to be at the top, when in fact they can instantly cash out and just wait for the price to tank and free themselves on all of the anxiety.

Depends of the holders how to get trippled earn prpfits before cashing out, why depends of the time called sometimes holders need money for emergency or holders depend of the their patience waiting to pump of bitcoin price to earn their goals so meaning depends on the holders control itself.

This is a learning to us or for some people who have a doubt when the decide to buy bitcoin. Bitcoin is risky place for an investment but you will get a big profit when you have decided to buy it.

Actually your concern or your doubt to buy bitcoin will go away if you want to know more about bitcoin itself. Read everything about bitcoin such as how to invest in bitcoin, how bitcoin work and important thing a history of bitcoin investor, these materials will help you to decide to buy bitcoin.  

Regardless of your question, if you ask the people on this forum you will not find an answer that stated he doesn't hold bitcoin or he doesn't interested to hold bitcoin anymore. Most of them will say bitcoin is promising place to be use as investment you have to buy right now. You can learn to your brother how feel when he got a lot of money from bitcoin.

Anyone buying bitcoin in the first quarter of 2019 made a x3 profit within 4 months. And it's a very wise decision to cashout. As we've seen bitcoin rise and fall, even if it rises to say 50K, it would at least fall back to 40K. That's talking about possibilities but it may also again fall to 4K. So, cashing out your profit is never a bad decision.

Investing in various things, not limiting to crypts helps a lot in your personal treasure. Do not limit the purchase of BTC, invest in Stock Exchange, banks, trade, robberies and etc.

Well, another person who see bitcoin as an investment. But yes, there's nothing wrong with it. If he was able to triple his money, then good for him. If you really wanted to earn money, you have to risk. Everything about earning money risks after all, right? Even being hired in a large company is a risk because you won't even know what are you entering. If you want to earn, you have to make sure to be ready for risks. Let's say it's not about the bitcoin but to every industry.

well, some people don't see the potential that bitcoin has and it has always been like this ever since bitcoin was listed on exchanges for trading and price was somewhere around $0.01. they have been selling their coins as soon as they got some profit like 3x like selling at $0.03 and got out completely.
usually these people come back though, later and usually in the peak of the bubble and lose money next time because of FOMOing.

Let me tell you why this huge drop happened, the Bull Run has already started and it's already happening. Millionaires are about to invest all of their money into Crypto now.

What they did is this was done somehow on purpose so that they can buy as much Crypto as they can these days, before everything is about to rocket on about at least 500% - this is just my own prediction and not an investment advice.

This is the problem of those people who doesn't have the guts to take the risk and invest while it is being dump.
And now you are regretting it and wants your brother to hold his Bitcoin because the price is raising ?
I think your brother are smarter than you and more braver than you he knows how to control his greed .

I invested some part of bitcoin and if you will allow yourself to be afraid of this kind of investment, you will not step forward in your life. Take a risk and invest with no regrets.

Anyway, your brother seems very lucky. Not everyone here can afford to buy 1 bitcoin even if it is at $3k before. Trippled profits is a huge benefits. If I were at his shoes, I will do the same thing. I will not hodl it anymore and cash it out already. Two times or three times profits is enough. See the current price of btc? It dumped again, so I must say your brother did a good job as a trader.

I wonder why you brother didn't sold his bitcoin early on 2017 when the price higher than now because if he really bought bitcoin at $3000 it was more than 2 years to hold however regarding the questions i was bought bitcoin on $9000 range and still hold my current bitcoin so it's not going to trippled if i sold my bitcoin with the current price

If I had a Penny for everyone that said that to me in the last couple of weeks, I would have been filthy rich by now. A lot of the people I introduced to Bitcoin had bought in at $3000+ and they all sold for a very good profit in the last week. They also have regrets that they did not buy more, but it is too late for that now. <They will just have to wait for the price to drop again and to buy low and to sell high>

I made more than 800% profit on some of the coins that I bought and sold in 2017 when the price was above $18 000, so I know it can happen. I also bought more coins at $3000+ and I am planning to hoard those coins until we reach the Moon.  ;)  <This latest spike in the price was not the real Bull run>  :D

You should probably have invested too, I bought some when was still around 5k USD and sold them when it reached 7k USD due to financial needs. I bought again at 8k and now I am still holding. I think I would sell this when it'll reach around 16k. The only thing that people has is now cowardice and if they won't let it go, then it will be too late for them to ride the tide when it goes booming again.

Fortunately, I still hold bitcoin so far although I already some of my bitcoin and rebuy bitcoin back. I don't have regret to sell too early because I have some reason why I sold the bitcoin. I buy bitcoin at $3k and still hold the most amount of bitcoin because I see bitcoin situations now can increase higher more than the last year. That is why I still waiting for the price to increase more than $20k, but I don't close the chance to sell some bitcoin if I need money for my life.

I have been here and keep investing in bitcoin, there is no cryptocurrency enthusiasts that won't always be interested in bitcoin investment.  I admire your brother's courage for investing in bitcoin when it was very low. I hope he doesn't miss the next big pump of bitcoin.

i would atleast keep some of the money if it goes up more , that way he atleast earned some and is still in the game to collect more if it rises even more, he would realy kick him self it it goes to 20k in a couple of weeks lol :D

Right, what we are experiencing now is not permanent it is might be high at the moment but it can go down big time as well, the market is very unpredictable. I think your brother is already happy of the x3 profit that he got that is why cash out, or he is afraid it might go down in the coming days because we really can’t tell if the trend now will continue.

I think having three times profit is a good move already. I mean, bitcoin gain that price with a little long time but it could get down so fast again. There will be time to fill bags again when btc is down.

exactly this is the point of my brother when I ask him why doea he sell.all.of the btc held. He just told me.that being greedy will left you nothing so instead of waiting for more time for bitcoin to go high he did sell his bitcoin. He is now willing to invest again but for now and probably it will going to happen in the next bear market. Good for him because he earns unlike to what I did selling btc when market is in bear condition.

Regret for missing good opportunities does exist, but we shouldn't be fall in remorse. There is still plenty of time for us to get the same luck with what your brother has got. Recently bitcoin is in the good trend and it could be the ideal time to buy some.

Luckily I did not sell it when the price dropped yesterday, because I myself was convinced that bitcoin did have enormous potential. So there are no regrets who come to me, just a little sorry, why I don't know bitcoin after a month bitcoin was created.

The current bitcoin trend is still good, maybe there is still a chance to get another 50% profit. But I am now buying several altcoins to welcome the altcoin season after the bitcoin season ends.

Very intelligent move with the 3x that is an optimal play.

That is not usual for all the people, there are still some people invested on Bitcoin when it was around 15k USD. if you check those people's situation they might not sold the Bitcoin for they have invested if there is any hard situation they might be sold the Bitcoins what they have.
Maybe the people bought between 3k they make triple the value in what they have...

That is why it is important to know the risk values and creation costs of bitcoin before you invest.

The only place to find the creation costs of bitcoin is here:

https://www.amsinger.org (https://www.amsinger.org)

Everyone should make up theirself when they will cash out.
I cashed out half of BTC when the price doubled. The rest I will hold until BTC goes much higher (> 30000$) or when I need some money.

Each person enters the bitcoin market to profit. Now the strategy for it can be different:
1) Some people earn it and live try to live with the earnings that they make. So these people tend to cash out.
2) Some people are holders, so they tend to keep the BTC with them, even if the price goes up, or down. They dont cash out.
3) Some people are traders, so they study the markets, and risk investing in BTC (trading is all about risking money you can afford to lose), to try and cash it out usng swing trading(trades running for more than one day) or day trading( one day trades). These only cash out when in profit or want to take loss.

Now depending on his view of BTC enthusiast, he might have chosen to be a type of trader maybe, and cash out when you gain high profits, like in swing trading

he already had a profit, that was enough for him. in this market is need to set a goal, for example the person must know the time that he will be willing to hold, the profit he hopes to obtain and the loss he expects to obtain in the event of an eventual price decrease. this must all be very well planned


Did you ever wonder if the price had dropped to  $1000 for example? if had fallen to $1000, you would be seeing your brother crying because he was losses. You can not predict the future, but you can make a plan so that it is possible to reduce your losses

Its really important for an investor to make entry on proper time and your brother did that properly. There was a time when some people were so much tensed about bitcoin future but they got their answer just in a short time. As a crypto user and lover i always suggest my friends to invest on bitcoin and who take it seriously they are enjoying their profit now.

Its just a beginning of bitcoin price build up in my own view and hopefully very soon we will be able to see much price jump. worldwide peoples are getting used to with BTC and now they know that its future is bright enough. Crypto community is getting bigger day by day and we are starting to get the results of that.

Investing on bitcoin is always a wise decision IMO but most important is to build the knowledge of market observation like your brother did.

It depends on the motivation, I guess. If one is simply profit-oriented, then 3x profit is great. If it's more about investing in the future, trusting the whole thing and stuff - of course, you are right that cashing out now is too early, and perhaps there won't be no cashing out at all. At the same time, I'd be proud of your brother. I think that many people don't have enough confidence and are too greedy to ever cash out. You know, they just invest and watch their investment grow to never truly use it in real life. I have a distant relative who got lucky with a harsh but very well-paying job back in the days of the Soviet Union and had enough money to buy 10 flats in a great city. Instead, he bought one small flat on the outskirts of the city and did nothing with the rest of his savings. After some time, these savings became worthless, so he never really used them for anything. If a person cashes out, at least it's the first step towards really changing one's life with the profits.

Yeah it is true when we are buying a coin we will have to hold and wait for right time to sell, actually buying at price more than triple I the best way to obtain profit, but don’t cash out your whole investment better save some for more to hold, so now a day it is time to hold but don’t sell it now us time to buy more.

3x the investment is a real good investment, in less than 1 year, is awesome actually
Your brother has a plan, and it's ok, I'm holding my BTC and trying to accumulate more when I see a good point to sell and buy again in the dip

I have never regretted investing in bitcoin. Therefore, you also should not wait for some suitable moment, you can buy now and secure a good future.

I also think so. However, important for me to divide my Bitcoin into some for investment and some for trading. And when trading, cashing out some funds are good ideas if we have more profits, but not all of the funds are cashed out. We must split them. Actually, I'm not afraid of investment, but I only have limited funds to invest or trade.

The crypto space is certainly full of regrets. But that's just how things are. We feel regret towards the success of others because we think, I could have been him! And I'm sure that many of us here, if not all of us felt this way at some time. But of course, this is a form of learning that we should take advantage of. Don't regret that you could have done something good. Because you can always do it in some other way or opportunity. Just be optimistic and things will turn out well.

Your brother made the right choice if he just wants the profit for trading and doesn't have a plan to hold for long-term investment. If you feel bad for him then tell him to make him realize what could be the possible thing that waits for him in the future if he just holds it for a long time. He may not realize or fully aware of the situation of the market if he just sells it away after seeing it tripled the price.

Regret is certainly there but we also don't even predict that something like this can happen right?
Although it only differs in price and chart level each year. The only difference is the profit that can be obtained.

When Bitcoin fell in price to 3K, it was obvious that this climb would one day arrive. Since its inception, it has always been so. So take advantage of the lows and corrections.

I already have my own little share of BTC. I don't have much but I intend to keep it until BTC will reach $50,000 or more. I am not in a hurry. I can support my needs without withdrawing them. If I have extra savings in the future, I will just invest a little more in BTC, and some solid altcoins, too.

I don't have many regrets. Perhaps, it was just a waste not to buy and sell as often as possible. I was reluctant to sell my BTC during its ATH moments. I wasn't confident enough to decide on when to enter and exit.

I think he did the right thing he already gain a huge profit so why not take it all .
And besides I think that your brother would surely invest in crypto again soon maybe he is just taking a break right now.
And yes I also regret of not investing in Bitcoin too but I have my own reason for it if I could invest my money back then why wouldn't I take the risk .

I first invested Bitcoin in 2017, when the prices were around $1,000 per coin. My initial investment went up by 20x in 2017, but the next year it went down by as much as 85%. After my initial investment, I never purchased any coins from the market. Most of my revenue after that came from signature campaigns and bounties. But now the big question is when to cash out, and how to do that.

The time to cash out is when we can see our initial investment can grow more than 3 times or 5 times and if somehow, it can grow more than 10 times like we already have seen before, then that will be the best time to cash out. We will need to wait for a long time again if we do not cash out and I don't think people can wait too long. We can use alarm and set the price to ring so when the price of the coin reached the price we want, the alarm will ring, and we can know that the time is come to cash out.

But the thing is some didn't realize this and just think that bitcoin will have nowhere to go but when they see it's doing good they will be the most fomo and buy in panic, how ironic tho.

Personally, I already take profit when it's around $13k and actually a good exit since I decently profited. I know some will hold it until new ath and perhaps it's not being greedy hence everyone have their own strategy on how to juggle their bitcoin

Most of us in the trading industry only makes sure profit since we are only referring to technical analysis and it's not always 100% working all the time that's why most of us are contended on 3%-5% profit but only for day traders but as what I've seen in your investment you are doing a long term holding right? well you got lucky to earn 3x of your investment.

honestly not only that miss this golden opportunity for gaining profits many times, the bad think when the awaited time came when BTC 3K, I instead spent money on daily necessities, became short of money at that time. the opportunity does not come twice, maybe I have to wait a long time if I want to invest BTC on 3K.

Anybody else read Andrew Cook's articles?  There's a copy of part 1 at https://www.reddit.com/r/BitcoinMarkets/comments/274wbs/how_to_make_money_trading_bitcoin_day_1_of_5/ but there are 4 more parts, you'll have to search for them, the first 3 or 4 are the most important.

I'm trying to decide if this peak is over.  The last one hit $19,000 and some people have speculated this one would reach $20,000.  I jumped in at about $4,000 with $450.  If this is a peak it's much lower than I expected.  We had a few weeks of uncertainty that ended a couple weeks ago when it went from $8k to $12k.  This could be more of that.  There's power in reinvesting, but you need to wait for the price to drop.  Then you make x% profit on more capital, and keep reinvesting.  As long as it doesn't go below where you jumped in you're not losing money.

Since the mining difficulty factor is climbing beyond where it's practical to mine without free electricity like solar, it makes sense that the price is going up.  I was surprised the last low only got down to about $4k and not more like $400, but that's probably what the future holds.

I'm still holding my btc since 2016. Sometimes I regret that I didn't sell when it was $20k but my main goal is really long term. Bitcoin has really a big potential to grow in the future so I am holding it as much as I can and I can still sustain myself from my other incomes. Next year on halving I'll see where bitcoin will go and decide if I should sell that time.

He gained profit already thats why he sold his bitcoin for me its a good decision. It just depends on your target price so I think he is contented with what he gained.

I sold some of my btc as well last month, the price is not that high compared to the current value but I dont have regrets since I bought my btc when the value is at $3k.

If you earn then take profit, you dont need to wait for ath because you'll never know the specific amount until the value is declining already.

it depends on how you define "peak". you certainly can not compare the recent price rise ($12kish) with the ATH of 2017 ($20k). the former is a simple rise with a peak that followed by a small correction, as expected; but the latter was a big ass bubble followed by a bubble burst as expected.
if you are a day trader then the recent $12k+ was a peak for you and you should have sold and then bought back right away as the correction occurred at ~10% lower price. if you are not a day trader then you should never even think about small corrections like this. we are in a bull market and you should aim for the next bubble which is probably around $100k.

mining difficulty and its cost are not the factors deciding the price, they never have been and never will be.

At least your brother already made a profit and not just a small profit but he manage to triple his investment ,
You should be proud of him instead of being envious of his work and learn from his trade learn to take the risk if you wanted to earn like him .

I had sold 3/4 of my bitcoin couple days ago when this reached $13,500 and lucky I buy back again in $10,500 yesterday .sofar I earned another 17% since the fee matters and kind of high recently.im looking for another exit and finding chances to transfer in altcoins because thy are in dumping and and I may profit bigger when they started to go along with bitcoin pumping.though I already have 3 altcoins now in my folio and 1 token .

What I'd like to do is a series of buy low, sell high steps, reinvesting the profit from one peak into the next one.  I wrote a somewhat silly simulation program, the output of which is like:

Start with how much? 450
Goal is? 1000000
invest $450.00, get back $1474.03 (randomized profit 328%)
wait for price to bottom out
invest $1474.03, get back $4809.05 (randomized profit 326%)
wait for price to bottom out
invest $4809.05, get back $12700.42 (randomized profit 264%)
wait for price to bottom out
invest $12700.42, get back $46824.96 (randomized profit 369%)
wait for price to bottom out
invest $46824.96, get back $149630.09 (randomized profit 320%)
wait for price to bottom out
invest $149630.09, get back $594102.06 (randomized profit 397%)
wait for price to bottom out
invest $594102.06, get back $1276485.25 (randomized profit 215%)

My initial investment is somewhat expendable, I wish I'd had more to spend.  I would expect each cycle to take a year or so.


I was thinking supply and demand, since the supply of new bitcoins is drying up it seemed like that would push the price up.

each of our decisions, we will get opposition and truth and support, but this is the reality of life that must be lived or the risks that exist, this is us who must dare to make any decisions that will happen but that's where we learn a lot so I don't think and always convinced of our decisions that we believe to be true, I am sure we will get all the results of this decision like Bitcoin.

Cashing out of bitcoin trippled is not a bad idea since there is already a huge profit that must be considered. But in my position, I would still choose to hold and trust the volatility of market. Because I think there is a possibility that it could reached up to $25,000 which will bring him more profit.

Your brother has good money management & decision, at least he ended the trading with the profit not loses taking your own money investment was really important. I also took my profit went 2-3x bitcoin price because i holding since 5-10 month and i have bils to pay that's why i taking profit from my investment. Well if your brother wants more high profit his should sell only 30% from his investment to taking back his money from the investment he can sell/hold the other 70% of his asset.

No Pain No Gain.
If you won't take the risk, you won't get the profit.

For me, you already consider as lucky trader because you are aware of crypto trading but you're still lack of guts !

Don't you worry, mate. The more and longer you are immersed in the world of Bitcoin, the more you will see patterns and consistency that will make you more confident the next time around. Eventually, you will realize that there is no point doubting Bitcoin. It has gone through the worst, hell, even death! Countless deaths! So if it goes down in price, get those savings out and buy a lot, be patient, and wait for the better days which will definitely arrive.

I think making a choice of investing in bitcoin requires great mental strength, the market can fall anytime and the market can surprise many people. I think your brother's steps are very good and it can make a good profit.

I also don't buy bitcoin and only watch people who have big profits from bitcoin.

More opportunities will come for sure, it's a matter of being alert and having faith in the technology.

I am glad of your brother's success story. In fact, this community needs a lot more of those success stories that i'm pretty sure exists shared. Because then everyone can see the two different faces of everything, not just the negative stuffs some individuals say.

There's a lot of opportunities when you're helping shape human kind's future.

I invested actually in bitcoin when it was 5k dollars. As of now, I am enjoying my profits in bitcoin. I thought I was just trapped when I saw its reversal movement until it reached 10K dollars.
I guess you have regrets in your mind and heart. But it is so good that your family specially your brother accept cryptocurrency. Just wait for your perfect timing. You will get a lot someday.

Also, you are in weekly payment campaign. It will also be your luck to receive payment when bitcoin surges.

I think your brother has been on cryptocurrency for a long time because your brother dared to speculate to buy bitcoin and already knew in the future if bitcoin would be in a high position. I think it's a good thing and you can copy it so that you can get profits like your brother

If your brother lend 1 bitcoin and turned it when bitcoin hikes, he is definitely lucky!
Imagine, 1 bitcoin was 3,000 dollars before and right now, it reached 13,660 dollars. He almost had 300x profits for just a month! What a great surprise for an unexpected movement of bitcoin. I hope this will still continue until I got my profits.

If your goal is to have more cash in the end you should sell and hold cash. My goal is to have more bitcoin so when I sell ist's not to cash out buyt to exchange for something stable and wait it out to buy more bitcoins later.

People are driven by greed and hype and they always lose interest after a while. Now it's crazy because bitcoin was going up for a while but you can feel the buyers becoming exhausted and thinking about spending their profits.

For Linux users that want an onscreen bitcoin price near your clock, try my ticker from https://sourceforge.net/projects/btctick/  It's for LXDE, I don't know if it works with other things.  Free of course.
https://a.fsdn.com/con/app/proj/btctick/screenshots/tickers.png/max/max/1

These seem to be the pins and needles times of deciding what to do.  Stay in or cash out and reinvest the profits on the next cycle.  Which gives you more leverage because you could make a bigger investment.  But if you cash out and it's really still going up you've not only lost that extra money but you have to wait longer for it to bottom out so you can buy again.

https://bitcoinwisdom.io/markets/bitfinex/btcusd

I thought I had gotten seniority enough to post images here, but I no longer have a host for them.  Anyway, look at May of this year.  There were fluctuations for weeks but no net change, then about 1/3 of the way into June it started rising again and went from about $8000 to about $12000.  You should be able to see that on bitcoinwisdom if you set the time interval to 1 day so that you're seeing May.  I think we're seeing that again.

No one who is still working with cryptocurrencies regrets it, otherwise, he would sell it and start dealing with something else. It is natural when someone sells BTC - it is done only to buy it for a lower price and hold crypto again.

Well just because the price was up once , I actually waited it to go more up and then again it went to 3k and it was kind of depressing thus you know I don't mind if I encash and keep them in the bank once my investments have trippled , infact I kind of like that idea.
Just because it may be going to be worth a million doesn't mean it will necessarily hit it , it may go down to zero one day and we might repent.

I think we should encash some and not keep everything in there.
Periodically encashing I would say.

Let's see if I can do this in ascii art

                                                        sell
                                         sell            /\
                          sell            /\            /  \
               sell        /\            /  \          /    \   reach goal amount, coast or retire
      sell      /\        /  \          /    \        /
sell   /\      /  \      /     \       /      \      /
  /\    /  \    /    \    /       \     /        \    /
 /  \  /    \  /      \  /         \   /          \  /
/    \/      \/        \/            \/            \/
buybuy buy  buy         buy        buy

             time ->

If you read Andrew Cook's investment tutorial PDFs you should buy when it's low and sell when it's high.  So you need a way to do that with minimal fees.  You take your profit from one cycle and invest it in the next one plus your original principle so you can keep making bigger and bigger investments.  Buy a CD with it or put it in a savings account between cycles.  If you dip in and take some out then you don't have that to invest so it will slow down how fast you get to your goal amount.  I can't imagine just buying and holding.

If you have a profit that varies randomly between 150 and 400%, you can start with $450 and get to $1 million in about 7 cycles.  Once you reach your goal you can start taking money out and have an income from it.  The science or luck is in picking the times to buy or sell.  And maybe some day I can afford an Antminer.  But watch bitcoinwisdom.io, mostly buy or sell when the fast and slow moving averages cross.  Start with $10 and it takes a few more cycles, the more you can start with the more you jump ahead.

The Andrew Cook I'm talking about lived in Chile and started an investment firm around bitcoin.  I have 5 PDFs which may have come from saving his 5 articles from Firefox.  They're loosely titled "How to make money trading bitcoin" but other people have written articles with the same title.  They seem to have vanished, I think somebody's trying to sell them.  There's at least 1 part on Scribd but I'm not going to pay for it since I already have it, I was just trying to find a URL to post here.  If you can get a message to me with your email address I can email the pdfs I have.  You could also search for "Cook Investment firm" which was his company then.  He did make at least 1 post here on bitcointalk.org so I imagine he still has an account here.  There's some stuff on reddit with images on imgur.  He's doing day trading of bitcoin now I guess.

We can't call that choice wrong because he got profit and that matters the most in investment, profit is profit, doesn't matter how much and especially here when he got 300% back. You can hold and wait until bitcoin reaches 20K and more but no one can say that 100%. What if some days ago seen 13k will be the last and most high?
And also as some people say there only supporters hold bitcoin, can't agree at some point. When you don't move money and it's frozen in one place, that's bad for economy too.

Forums, chats and news outlets are simply the wrong avenues for meaningful price prediction. Almost all answers you’ll get will be from retail investors or just people who aren't trading to begin with. How do you expect these people, who have nothing to back their claims, to give answers indicative of future price? I would suggest you need a history log of past experiences, AKA trades, to justify future predictions from anyone.

Do not be sorry that you did not. So it was necessary. If you want to invest now, then you should wait until the market has a little rest from a strong impulse and gain strength to move higher.

It's your brother's investment so he has the rights to decide on what to do. Whether he would cash it our or not. Since he already risked by investing and saw that it tripled, maybe its already enough for him.
If you also want to invest and gain, better ask your brother for some advice. Bet he's the one who can really help you.

Still waiting is the key to success,if you can afford to have more time to keep patient then for sure you’ll be having a good dinner(not unless you hold shitcoins)
But as long as you have the guts and the faith on your holdings?then no need to worry because profit will come in place on right time

What is the point of regret if you did not have the confidence to invest in bitcoin, the risk reward ratio if you invest in bitcoin is much higher than any other financial platform and if you are wise enough and have the experience in any trading platform then you will invest when the market is going down because the market will not go down all the time and there will be a recovery and if you invested during the bear market then there is no doubt you will reap your profits.

Being greedy won't always do anything good. His brother has nothing to lose and already tripled his investment. With that money, he can use some of it to invest again then enjoy what's left for himeself.

We should always remember that when investing if your capital have already been doubled or more, grab the opportunity to take profit before it disappears.

Your brother earned good money. You must be able to sell at the right time. But my position is that you can sell a part, buy additional bitcoins, but you must always have a stock on the balance. Anything can happen, and in order to not regret it, you need to have a supply of cryptocurrency on your balance sheet ;)

Don't be greedy when you taking profit, 300% profit in 3 months is amazing. Your brother's decision to sell his bitcoin was right before the market turning into bearish then he can buy more bitcoin when its hit $4000 again.
Don't be regret what you did before, lucky you not lost your money on the market, lets find another chance to get profit in another coin.

That is much profit and not anyone can get that opportunity but do not be greedy to have so much because that may get you keep losing. You have good time when used to invest.

This is the kind of thinking that makes you lose money instead of getting profits. Greed is not good. There should be a target profit and if you reached it, take the profit out just like what your brother did.

This just proves that your brother is a good risk taker and he profited greatly from it. That kind of investment strategy is not for everyone. If you are a safe investor, just stick to your investment plans. You should not be jealous of your brother's success and make your own.

I invested in btc during the bear market and am still holding, will continue holding till bitcoin hits 20000usd again, i think the only way to get the crypto space in a standard form is when we begin to see it as a long term investment platform and not a get rich quick syndrome.

This is one option. Actually, long term holding is the safest to a certain extent. And it does not at all need any reliable signal and skillful technical analysis. But it actually requires a lot of patience. Hodling will really bring you to a ride of which you will definitely be dizzy. It brought me fears. I didn't sell when Bitcoin almost touched $20,000 in 2017. How could you not fear when it dipped down around $3,000 in the proceeding months? There was an inevitable yet little panic in me.

I think it's a better choice for him to cash out because he already trippled his money and his happy about his profits, if he will be greedy to hold then bitcoin price goes down again he might panic then sell at a lower price with a lower profit.

You should not be frustrated and just follow his steps. Investing in cryptocurrencies during bear seasons is the best move that I can think of when talking about financial profits. Nonetheless, I am not an official financial advisor and what I am saying is just my opinion. Lastly, bitcoin can give you up to 700 percent profit if you can get the timing when to invest and when to cash out.

Your brother made the right decision, the amount is already tripled, that's a good return already in just a short period of time.
I understand that you have your own decision, holding further is still good and it's really up to you but you should also understand that no guarantee the price will continue to rise or there's no dump in the long run, so once you are holding it, you are still talking the risk.

For me, once you profit, that's already good, regardless of the amount.

It depends on the investor whether to withdraw it to cash or it will remain as crypto money traded on the market to get a bigger profit.
If you follow the pattern the trader must make a withdrawal in advance to secure the profits that have been obtained. But if you apply the mindset as a big profit investor, you will certainly add more capital as long as the bullish market continues.

There's always hold AND trade as well.   You don't need to sell everything.     If you believe it will keep going up... put away .X, X, XX, or XXX or more coins that you never touch.   Trade with just whatever number you are comfortable with. 

Investing sometimes profits and losses, all depends on our efforts. I don't hold a lot of bitcoin, because in the case of 2018 I was hit with a lot of altcoin tricks which until now the price was not the same as it used to be a dime coin. I regret why I didn't just collect bitcoin instead of buying altcoin which doesn't mean anything until now.

Making a profit three times more than investing initially is a very good investment. Either your brother is lucky or he really is a very experienced investor ;) :)

If you're holding those called shitcoins then just treat it as a lesson in crypto world. But if you're holding potential altcoins like eth, ltc or anything that is in the top 10 of cmc then don't be afraid of your holdings. I also don't have bitcoin right now instead I have ltc and etc. Though the price is very low right now I'm optimistic that they will pump soon.

I think luck is on your side, and maybe your brother already has experience in cryptocurrency so he can do analysis and speculate on buying when prices are low. this might be used as a lesson.

I'm one of those who doesn't hold bitcoin anymore. I'm also afraid to invest in bitcoin because now the price has skyrocketed and I can't afford to buy it. I did not buy when there was a chance that the price of bitcoin last year would decline. I misread the opportunity so I applied the wrong strategy. I regret not buying bitcoin last year. If I bought bitcoin last year my money had tripled now. But I have to get up and make this experience. I have to re-plan with mediocre capital.

Only to those people who do take the risk shall really be rewarded but somehow in exchange they might lost up money too if the price didn't go well on his path.
Since it isn't your money then you cant do anything on what he would do with his bitcoins.Good thing that he do purchase on 3k price and that was some easy 3x profits
on the current price of BTC.Sometimes we do only realize our mistakes when its too late.