Bitcoin Forum

Currently i am quit and just taken my profit and exit. already exit and i am writing. i am hoping to come after 3 years. with 10000USD investment for a potential coin at that time..

now bull market gone, what ever bullish now is temporary and bear is inevitable. so whats your plans ?

My plan is waiting for the big bearish trend and i can enter to the market again but i expect the bottom floor will be even higher than the previous rate consider crypto has been breaking a lot of record dude.
The bitcoin is not yet confirmed to get the bearish trend now and im thinking waiting for that to happen. Investing small amount of money into the legit icos and then i'll try to use my reserved funds from the profit that already taken to buy back it again.

This bull season isn't in my favour at all and of cos most of my money came from bear market season, this only thing I did this bull season is build mining rigs and make some money which was quit good for me, I don't a quitting season because you can make money in any season either bear or bull

I know someone who has put some money into BTC unknowingly has multiplied his initial investment to x10 after four years. What happened is that he forgot the username and password of the account that he has and kept his assets in BTC. So it was around 2017, and he then recently opened the store, and what do you know, it multiplied by 10. Maybe if he had input a larger amount, he would've been a super winner for that, but he made some money on it.

The key to this, IMO, is that he didn't need the amount he had in store for that. That's why it's okay to set and forget it. It's pretty basic, but if you invest a big amount, you would check it regularly, but you will never know what could happen in the future if you just forget it.

Are you saying that you are going to invest 10000 USD for a coin and just check it after a few years?

Tell that to institutional investors that adding Billion Dollar money to there holdings whenever there is a price dip. They will not let the crypto market collapse since they are already heavily invested on it. Most of famous and innovative person in the world are already into crypto. I hope that you didn't miss the real bull run on your 3 years vacation on trading crypto.

Taking profit is never be a bad decision.

It is my view likewise. A wise trader takes out profit now as the volatility starts to reduce.

Waiting till  2024 is a long time if you are not a crypto investors except you do it on temporal. But keeping an investment now on low priced altcoins now will double your $10000 capital instead of exiting till 2024.

You should come back in 2022 and 2023 with piles of money to buy bottom and then sell on next bull market of 2025.  Trust me it will very hard to buy at bear market. Same as it was in 2015 and 2019. Extremely hard since everyone is so bearish and all normies look at you like a ponzi scheme guy when you mention crypto.

It all depends on you but i think it would be difficult not to dive back into cryptos for the next 3 years. I will be incapable of it :)

Your idea is not however stupid and i sometimes say it to myself: during the last 365 days, if i had not done anything (cut with crypto) then my capital would have grown much more than it did (since I have sold some assets that have experienced crazy progressions).

However, this has been an exceptional year and ... it may not be over  ;)

Whatever your choice, good luck !

Obviously, Your expectation is possible on upcoming days so we make good return on future. But small scale trading is not good on recent days because If we enter the market, transaction fees is little high to transfer our desire money. So better those are have fund in BTC they will change to USDT and actively monitor the market and trade our convenient coin. Every year market is moving forward so we expect good growth on crypto environment.

The bear market could take more than just a year so there is plenty of time to chose which price to actually decide when to buy. It takes a bit of TA to secure gain when that happens. But right now there is more to think about yet other than the bearish market to come. There is likely more institutions around the world that will come yet and this correct is just giving them chance.

so if you enter during bear market season, you will automatically always be the one actively monitoring market growth and movement. it's just that when it is a bearish continuously, are you currently very confident mentally, to be honest because i experienced it, but not too big. yes when I have Ethereum at a pretty high price. but regardless of the current bear season the trust will come back and give me an advantage. You have to be prepared to hold on long enough.

you are not alone ;)

I believe you are one of those seasoned trader who are currently taking a portion of the profit from your trading or investment in crypto. I don't think what you think is anything wrong, because I know securing profit is a good way to do it when the market is down.

The problem is we never even know whether the market will continue to collapse or if this is just a correction to go up more than the previous ATH. If what you think is true, then you are the lucky one for it. But if it's wrong, then you will feel disappointed because the price continues to go up.

Exiting the Market now and waiting to 2024 before you come in back? Lol, really, am not sure you are serious, are you? Cus I believe that if truly you are exiting crypto, I don't see any reason letting anyone here know, so it's still more like you are actually thinking of doing, you haven't done it yet.... Well, for me and those like me, we are here be it bear or bull, I personally will always be here cus am sure that even in bear, some people still make money.

I will still be in the crypto world even though the bear market has arrived no one knows to what extent a bear market will last but I still believe this is a condition of correction and the bear market will disappear in the near future so the bull run came back

If you can't stand the variance, it's not such a wrong decision. Different people have different risk tolerance.

I did something similar in 2018. But now I'm here to stay.

Well you might be off to a bit of wait before you do more in investing.
3 years is a bit of a long-time for me, OP. You could miss out a bit in the market. I had the same exit experience as you in day trading but I still kept my eye on the prices, but since I have my own money in my pocket. I can still manage to decide if I should buy now.
In my experiences right now from hodling, I am not exiting.

Are you joking, this is the best time in the life time of Crypto to be in the market, why do you prefer to be poor, the recent dump is a normal correction fro people that are into Crypto for some time and they know it is just a shake out, if you want to be rich into this space, you need to be willing to lose it all, remember those that lose their life will gain it, it is applicable in crypto, it is a seed that will grow into a forest of trees

Do you guys think that this is a wise move or decision right now? Because I am thinking the same think also. I am planning to withdraw some of my holdings which still have a good price value and not wait for it to increase rather than losing some profit because of market declining. Help me to decide.

Why quit in the middle of market bullish, uts time to make money and buy more bitcoin with it, try to search another new project like XLS Labs, buy it and then you hold it untill 2024 it will gives you big gain

Bull market is not gone! what we are currently experiencing is a market correction only, alt season is not yet done, you need to be patient in order for you to have gains and more profit, do some research and you will know that this thing is normal, price dumps are normal in any market because we need corrections, some take this opportunity to accumulate more and more while small people like us likely to panic sell because we thought that it is bear market again.

Maybe I'll wait for another bearish days to come, because I failed to do so during year 2018-2019. All holding was lost actually with fiat conversion, expenses and other non valuable stuffs. Maybe now is the time to take precautions on your budgetting, because if you wouldn't think of future passive income and you don't have exact patience over spending money! Nothing happens but frustrations will leave you emotional.

This will be the best approach to this, make investment with what you have now as your gains and come back in 4 years time to check for your profit. Going out with the $10k without you wanting to make investment again until the 4 years to come doesn't make sense, invest now with your profit and come back here 4 years time, please and you will see a huge surprise.

It's a premature decision, bull run is still on, and what's happening now is just a correction and we are just come in a bull run season it's too early to tell if the bull run has stop and the bear trend set in, a lot of great things are still happening in the market and we are still in the early part of the year, and experts and seasoned experts consider the month of February and April as a month of correction, my plan is still going on weak hands like you should stop investing in Cryptocurrency market and just sell goods in the market.

I don't think that bull market is gone and ends. This is still happening and this was only part of a market correction. I do believe that there is still some condition where the price of Bitcoin and other cryptocurrencies will be increasing again.
Now, it may show a bearish time, but not sure it will go so long. Just be patient, not panic selling, and trust the market.

thats the decision of the OP and anyway, that's what he feel with the market. he wants to exit, then no one is stopping him. in this market, it is you who can decide what you want, no one will dictate what needs to be done. .
it may show bearish time but look at the price, still in the 45k+ level, when was the last time in previous years that youve seen this price? only this year, right?
so for those who want to exit because they feel they are losing, they can go anytime. but hopefully, they wont regret it.

what make you believe if the bull already over mate ?
because in my opinion this red markets is a corrections not a trend change buddy

It's a fine strategy if you are satisfied with your profit. I too gave it a thought a couple of time but maybe greed, FOMO or lack of satisfaction, brings me on investing back and losing on trade. I've again bought Tron at 5 cents and is already in 10% loss. I've also been looking for options to get larger interest on my USD holdings till the coin prices go down again.

I will not go anywhere, I'll just stay here to see the characterictic crypto currency price movement. Also, I just thinking and I have felt it actually, although the bearish market come you are still have a chance to get profit as you wanted. I've been two years in the bear market and so far the market still given me a profit and enough for my daily life.

Espcially for this situation where a bear market is still in the prediction only. The bull market still wrapping the crypto market especially for long term prediction. So, I just looking for where the low price that will be reached and I'll put an entry. Usually, if thr low price has been reached and we are in the bull market then there will be a huge increase from that.

That's not bad as long as you are ready to take that investment and wait another couple of years. Unless you are going to trade it or something. It's going to be great if you do it during the change in trend again. Determining it would be the next challenge for you. I hope that in your goal, 2024, would be a great time to invest. I would say that the time is now though. Just my opinion, not financial advise :D

I understand your worries about trading now, especially if you expect that it's already a start of bear market and think that all the coins are going to decreased drastically for several next year's. It's really your choice to wait for the next bullrun or to continue trading on shorts. The second variant is risky, the first one is more safe for your money.

You cannot predict whether the bull run is over after months of bull run with major companies investing in the market and now we are seeing a minor correction after months of bull run and it was expected as you can expect the market to keep on pumping all the time. If you think you want to play it safe and book your profit and wait for the major correction it is your choice as majority are not comfortable to invest at this price range.

It is indeed that bear is inevitable but I'm not leaving the market, since I want to buy every dip and continue buying until we hit the bottom again, and that's the best way to become more profitable in the next bull run, it might be right after the next halving with Bitcoin. I'm also planning to save more money so when that time comes, I can afford to invest more since I don't want to miss any opportunity again.

I respect your decision but i would have liked if you stayed for atleast 6 more months, it is because of the fact that market and the trend is overall bullish and we still have not seen the market to completely parabolic which is characteristic of the real bull season so i guess you will miss massive gains this year.

With Bitcoin yes as it's been test by time, while with Alts not sure unless you sort it up.

Investing with project with solid foundation which in the long run ill bring you pure development and real usages,
from that event you'll find yourself harvesting the profits that those coins will give you 3 years is long enough to see
which project aside from Bitcoin that will flourished and gained huge benefits.

you have taken to profit and hope it will more than expectation?
I don't think so, you will back in a month to try a chance to get more profit because the bull market isn't over, the bull market has begun. your prediction isn't correct.

I'm really sure he will back in a month. x10 it's not easy, you must forget about your investment between years, if you still remembered it, you will be sold out in a year.

same as my mind, not many people can't standing it.

have you plan to buy it back and when?.

I guess OP's decision to leave and take all the profit that he/she can have as long as the bitcoin market just don't dropped it's market value in its lowest then it is what he/she thinks is the best decision he/she could ever made  to spare from the huge lose ahead. We couldn't question his/her decision coz we all have our own percerption when it comes to the current situation of bitcoin market value. So far, i'm still hoping for a good market feedback despite of price dropped happened.

Are you sure a bear market has started?  I have no such confidence. 

The bear market will begin when the discount rate (refinancing rate) rises in the US.  Until then, all assets (including bitcoins and alternative cryptocurrencies) will rise in value. 

Also, progress in the creation of a quantum computer can significantly affect the price of Bitcoin.  Recently I read that scientists managed to connect two qubits with a cable.  This is a very serious technological breakthrough.  A network of imperfect quantum computers can yield a very perfect quantum internet.  And this is a direct threat to the functioning of the Bitcoin network. 

In my opinion, Bitcoin developers need to think about such threats.

The market is really unpredictable this year but I think there is still a lot to happen in the coming days so I find it too early to quit. I believe that it will be better if you'll wait for the bear market and invest before you leave and just go back when the next bull run happens again. However, we all have a different perspectives in life. As long as you're confident with your decision to leave then there's no problem with it as long as you'll never have regrets in the future.

Are you sure what you are doing?
have you seen how the assets you have today?
whether the potential of the assets you have can get the moment like now?

My advice is to take advantage of assets that are already getting a high pumps. and buy assets that are still at low prices with the development potential that you predict. because the market planning every year is different. I'm afraid you'll miss some great moments in the future.

Personally I think the market is undergoing a temporary correction thus bearish now It's too early to call it quit, experienced traders are always profitable irrespective of the market situation, I believed it is only hodlers like OP will quit for now, I am sure more opportunity will avail itself when the market pick up it bullish runs again which can happen at anytime from now of course the market can never be bearish forever.

Good luck with your decision dude.

Im still try to shorting the market even when it was on the bullish trend but only use small amount and secure all of my profits in USDT. Your opinion could be the true story but im still here with so many crypto believers that the next year will e different and there will be no 4 year cycle again.

I don't understand how you can leave trading for such a long time. But it seems to me that OP is saying goodbye to cryptocurrency early, because the market will continue to grow. But in any case, no matter what the market is now, every trader has the opportunity to make a profit from trading.

You need to wait 3 years but you are not sure if that year the price of the bitcoin and the altcoins are dump because maybe the price is very high and if that happen you do not have any coins and you will regret so I think it's better to invest some so what ever happen in the next few years you still have coins to and if the price of the crypto coins are high you earn profit. A wise investors and trader invested some coins if they have undecided but use extra money.

l respect your plan, but for me, it is so early to quit the market. That is why there are still a lot of opportunities and l don' want to stay away from them. l think staying away from the market till 2024 is not a great idea, because you will lose a lot of things like money, knowledge, information. 2 years is a long time and as you know the technology is changing every day. You should follow the trend, if you can not do it you will lose. l prefer waiting for bear market season, if l have 10k, l would not wait for 2024. l would make it 4 times maybe 5 times higher till 2024. It is uncertain to know what will happen in 2024, however, l think, it is a better time to make something than waiting for two years.

Your choice is worthy of respect, as often investors enter a position and exit on time for many is a difficult task. Well, the next bitcoin halving will be in 2024 and maybe there will be new projects at favorable prices. But personally I think this year will be bullish until the end and growth will continue after the correction.

I'm glad you're leaving, because your personal text "CAKE AND BAKE YIELD FARMING IS THE FUTURE DEFI"  is basically telling me you're a complete idiot, and have no clue what's going on in crypto space.
Good riddance

No matter what happened, some of us has been here for so long. we have been here since 2017. starting when BTC went down to 7000 usd and we have hold the line. it is true that the market has gone down and may go down the more but that does not prove the fact that the bull market is over. we will see more bull and also more institution embrace cryptocurrency. the future is here.

It is evident that he is not a hardcore trader and he always like to play safe and from what i understand he will be waiting for the major correction and then invest in the market and then have the patience to hold until the market rallies next time and there are many that play by these safe trading method and with a high volatile market like bitcoin you cannot blame him either as he is happy with the profit he is making :).

Congratulations to you if you have done your exit and got your profits. As long as you've made yourself satisfied and you're happy taking it out, there's no need to regret about it.

And as you've said, you'll come back in 2024 if you want to. My plan is just to keep holding and no need to panic this time, I did my part of selling too.

Sure, As long as you make your profit already in the market it is still a good investment since you still made a profit. For sure there are always plenty of opportunities to make your entry.

However, I still think that the market is different these days, and compared to the past years the growth these times is very different and fast compared to the past bull markets.

I think I will hold on to my investment in altcoins, but still, bitcoin is a long term investment for me and I think its always a great time to hold bitcoin because we could always expect a price increase because of the increasing demand in the market as well as the limited supply.

I think 3 years is too long, during this time may repeat the bull market several times and subsequently correct even higher, I would wait a year maximum.

As long as there is an opportunity to earn here in cryptocurrency I won't stop to stay here.
And all I can see at the moment is that this is the time for us to take the chance to buy altcoins in the market
to trade em in the exchange site platform. Because, we are in the stage if bull run for altcoins.

Do things as you like because its your money after all but one things for sure that you dont even know on what the market looks like on year 2024 neither you would came back
but the market is on deep reds or bearish run.Who knows right?  3 years time would really be somewhat a long time not to engage into a market where you can potentially see lots
of possible opportunities that you can spot on specially when theres a chance to buy cheap coins or bitcoin itself.Its hard to resist on not to take involvement.

It's not too long for him. If it's his choice and i hope crypto will be bullish again and people will come again to the crypto.
he was believing in the 4 year cycle on crypto but he forgot if crypto can't be dumped even deeper than before. There will always be a chance for crypto to go up anytime soon.
This is crypto and the development is always running anytime.

It's your right to temporarily stop from the crypto world, especially if you've managed to get a profit. But 3 years of quitting is too long in my opinion,
you will miss a lot. Moreover, in 2024 you plan to bring in $ 10k in capital to invest in some potential coins, surely the price of the coins at that time is
very expensive. Why don't you buy $ 10k of potential coins this year and forget about it for 3 years. So when you look at it again in 2024 your coins
have increased many times.

If you think that's the best course of action you can take then good for you. I still planning to get involved into the current market since we don't really know whether the bearish gonna come or instead another bullrun considering how many things have changed ever since 2018.
I was also planning to put some of my investment to other coins that are kinda under the radar and seems profitable enough but low risk, therefore maybe it's gonna be a long time for me before quitting the market.

why don't you wait for the best price to be able to buy the current top asset and go out of the market? the market is showing a downward movement but it is still slow. buying now will definitely be detrimental even though the asset you choose is an asset that is less profitable at this time. just wait for the pump to finish and fill your bag with quality assets in the market.

It's not too long for him. I do believe if he has his own reason why he will be coming back again 3 years later. Some people who believe in the 4 year bullish cycle in crypto was always doing this thing.
I personally called this as hibernate for them all. These people are only playing when crypto started to enter the bullish trend again.
I see some people are also retiring crypto on yearly basis and they will come back again next year.

You don't know where the top is, but I can't help but to agree. Many that did their research know that price will crash one day, however for the bull run to end, it will need to first go into a parabolic trajectory. If this doesn't happen and the bull run just ended now, then the chart is off, and the reason is the 2019 bull run that shouldn't have been, but it happened because of the Chinese Ponzi schemes that were running wild during that year and made billions in Bitcoin purchases.
I am not going to tell you that you are wrong, and possible all the rest that tell you not to stop now, they are also right. Because price will very possibly rise again, but it won't be too far from the top. Even $100,000 will be just double from the previous ATH, while a year ago the potential was for ten times profit or 1000%. Now it is 1/10th of that. Remember to come back before 2024, sometime in mid 2023.

Fiat money is being printed left and right. I don't think the bull market is over. Unless you need the money for a purchase it will lose value if you keep it in fiat or try to save it in a bank account.

you are in hurry to declare the bear market even bear market is not confirmed yet I would say its only a market correction Its good to know you booked your profit and quit the trades or sell your holdings with profit and now you are expecting a huge bear trend but the market never behaves the same way year by year. 2024 is quite far and traders can not be away from the market for a long time they always find a way to make money.

Why 2024? What made you so sure that things are going to be ok and profitable in 2024, if you are true Cryptocurrency investors and interested in making a profit you will not take a very long vacation, the market is very dynamic things can change in a matter of weeks, you can lose and you can make a  profit within 24 hours to a week, Cryptocurrency is the most exciting investment market that is why it is institutions and big investors are coming in, there is a gold mine and you will miss it by taking a very long vacation.
And I don't think you can.

I am not sure if the bull market is gone as bitcoin can increase again and the altcoin season is not over. Many altcoins still try to lift the price slowly following of bitcoin price movement, so I think that we still have more time to see the altcoin season will come to the market. But that is your decision if you want to quit the crypto market and enjoy your profit. I am sure you can come back to the market anytime you want, but I hope you can be ready when you come back because I am sure the situation will not be the same.

I would have said you have weak hands but well it's your money and your choice, the bull run isn't over yet just so you know, you are the one that just panicked and sold off your crypto, not like it's bad to lock in on profits, but going out of the market just because of this little correction isn't wise, the bull run is still on and might even continue till the end of this year, bitcoin is still eyeing to break that $60k barrier, bullish and bearish seasons are both inevitable, I intend to hold my position till we start seeing some green again.

until now, my plan is still trying to collect crypto assets. Even though in 2024 the price is in line with what you think, but if you don't know what happened so far and are left uninformed, I think it will be useless. however, at the moment the conditions are also not completely dumps. in fact, I feel that during this vulnerable period of time, there is still plenty of time for us to do. however, I respect each person's strategy.

Given the OP's already gained experience in cryptocurrency investing, it certainly has an advantage over new users who are being added to the new cryptocurrency market by the millions. Therefore, I think it is wrong to leave the market for 3 years, because we are still in a bull market.

The buying power goes down because of inflation. In USA for example the dollar has lost 90% or more of it's value since 1913.

So $10,000 in 1914 was worth the equivalent of $267,979 in 2021.

Savings interest is almost zero. So if you leave $10,000 in a savings account at a bank it will not grow much. And 3 years from now (2024) that $10,000 will not be able to buy as much as it can today (2021).

https://smartasset.com/investing/inflation-calculator#IL3f4hR6Vf

Well we can't blame him for what he did, It's a normal trader's life to quit as long as he is going out with a profit it is fine. For us who experienced this scenario a couple of times, We can say that this is pretty normal in cryptocurrency to have a massive pump and dump during bullish and bearish season. At least OP has some plans coming back in 2024. The only thing that OP will regret coming back in 2024 is he failed to accumulate bitcoin on the accumulation phase and will certainly be active when it's on a bull run.

Personally, I would prefer to keep all the coins I have so far and wait for even better times for the crypto world. In my opinion, this is just the beginning of the acceptance of crypto and the future will be even brighter.

As for the current bear market, this is a good opportunity for new additional investment as prices fall.

We have already faced a crisis in the crypto market. Many coins fell, but after a while everything recovered not only to its previous limits, but also much higher. Of course, during a crisis, we will observe a decline, but it will not come to a complete collapse.

Cryptocurrencies can only be killed by the restrictions of various countries and their prohibition policies. But I think that in countries such as America and China, cryptocurrencies will develop successfully and the rest of the world, sooner or later, will still be forced to accept digital currency.

Too pessimistic and it doesn't make sense for those who are already here who think like OP, everyone here including me will stay here and use crypto, especially bitcoin under any circumstances.
leaving crypto for three years is tantamount to leaving missed best and profitable opportunities and moments and I think now is a great start to getting better for tomorrow, the day after tomorrow and beyond.

I know many of my colleagues which I had invited before to join in investing in cryptocurrency, has somehow managed to get a profit. But due to their lack of confidence in the system, they only put a little in their investments and was able to triple it all these years. Now they are a bit hesitant to invest right now, and they want to wait for any semblance of the 2018 crash where Bitcoin and the alts went down, giving many traders and investors a chance to buy low.

I don't see any point in leaving cryptocurrency at all. Especially now, when such interesting events continue on this market. Even if bitcoin stops in its price growth, then this may serve as a reason for the start of the altcoin season. I've been expecting this for several years now.
In addition, you can earn and receive profit in any active state of the market. If you have time, then I see no reason why not use it profitably, including for your wallet.

People selling out of crypto never end up with the same amount. Less usually.

Those early adopters that had 10,000 BTC long ago sold it when BTC hit $100, $1,000, $10,000 etc. They bought back in only at inflated prices. Eventually you have companies like Tesla with deep pockets buying BTC at $30,000 and higher.

The people with diamond hands were laughing when BTC hit $58,000. But it is a risk because you just never know what will happen in the future. It would suck to own 10,000 BTC @ $58,000 and then it goes back down to $100 for some unknown reason. At some point you have to take some profits before you die. Can't take all the BTC with you to the grave lol!

Completely leaving the market and blindly saying a date 3 years from now might not be the best tactic.  If you want to go on the sidelines that's fine all good.  I would stay close and get ready to jump back in at some point if a new bottom has perceivably been hit.  Good thing to jump in little by little again at a later date and cost average your way back in.  Either way good luck to you.

Bull market might be gone as you have stated but don't forget that the market is all about trends. First it was ICO, then later it was preceeded by IEO that saw a lot of boom in centralized exchanges and later Decentralized finance that so a limelight through yearn finance and today look at what dex has bring into different projects and cryptocurrency it self.
Decentralized finance has birth more hundreds of great projects and there are many more to come as long as Defi is still hot.
There is likely emergence of another trends and you may loose out this opportunity instead I will advise you to stick to the market and enjoy the profits because trend is your friend.  :D :D

I don't really understand why you need to leave in such a definitive way, what will happen if you are mistaken? After all we all make mistakes in our predictions and this could be the case and instead of making even more profits you are going to regret not coming back to the market to get even more gains, it is better that you keep watching the action and if for some reason you believe that your prediction was off the mark then you can come back.

I agree with you. I am also quit my investment. But it is still possible to make a profit by investing for a short time. The market is slowly going down so investing at this time is definitely risky. Because no one knows how many years after the next bull run and no one would like to wait that long.

Anyway, it is everyone's prerogative if he will stay or not. Just don't regret couple or three years from now that you left the crypto scene. Everyone has the privilege to take part in this market, whether you are a small investor or a whale. Because the profit depends on your strategy and how you manage your funds. Even if you are not a financial person, the good thing here is that you can be your own boss and strategize to optimize your profits.

your choice is very smart to save the benefits you already have, but in my opinion it is something that you have ever done wrong. I think that 10000USD profit is very suitable for you to invest in Altcoin which has the potential in the future to be better than now. for example like Cardano, aorora, Btt and BNB. I am sure you will find the next advantage when investing in Altcoin that I mentioned

its not bad to quit for sometimes but its actually beneficial for our body to relax and enjoy the profits from our hard worked but you arent just going to relax and spend and spend but your doing also doing an outside business didnt you ? because you said that you might came back with a 10k usd with you and return in your investing business here in crypto .

 my plan for now is im not going to leave here because im not confident yet with the profits that i got , maybe next time but for now crypto business is my priority .

quitting now and coming back will leave you lack behind a lot, even if bear happens , new projects will come, some projects will fade away. you need to check in sometimes to get updates about how projects are performing so you will be able to know the good projects to accumulate. my plan is different, either bull or bear, i will be here.

Hysteria and rash decisions are unlikely to help achieve any success.  ???
Yes, the market is undoubtedly very unstable, very unpredictable, but this is not a reason to give up all your work and give a chance to someone else to get your profit. I think that every season of the market is a reason to change your views, self-development and self-realization. You can't think that you only have to buy coins once and get profit all the time. The market implies constant control and continuous operation. This is the only way to get something.  8)

Not only that, the OP has also taken the decision to not comeback until 2024, that is an eternity in this market, maybe he thinks something similar to what we saw during the 2016-2020 period will happen but there is no guarantee we will see a long bear market this time around since there are so many institutional investors that have invested heavily in bitcoin already, if governments keep printing money then it is fair to expect the price of bitcoin to keep increasing slowly during the next years and by the time he comebacks the reality of the market will be incredibly different than what we have now.

You have the reason to quit now especially when the market is presently unstable.but no one knows what the future holds at hand so in my own opinion,I think it will be best idea to invest now and hold till 2024. A lot of profits will come out of it.

It would be the wrong decision for me to leave cryptocurrency trading because it is a part of my life. Moreover, now I understand very well that you can earn not only on the increase in the value of the coin, but also on its decline. Therefore, the opportunity to make a profit will be not only in a bull market, but also in a bear market.

If you guys get some huge profit already there's no reason for you to stay you can give the others some chance to begin their journey of the crypto industry. You guys deserve it you already made some good contributions. Now that the price was spiking in an unbelievable scenario, only those who are greedy will still want to push the price more even though they are holding for so long since the beginning of the bearish trend. Others already harvest the fruit of their patience.

I don't think if that is good idea but it's not bad if you quit.. why don't you invest your profit to the altcoins and forget it.. leave it to your wallet just come back in 3 years surely you can make a lot money, just don't forget to save private key or seeds in a safe place.

You could encounter a FOMO within that 3 year hiatus period but hat's off to you by being brave and getting out all of your investments within the Cryptocurrency but as someone who encountered a same hiatus period, its time wasting to not be within the Cryptocurrency Industry even though you will just invest on one single coin. There will be big changes when you come back and you might take time feeling familiar which is not a great idea since every thing moves fast within this industry but I guess if that is your decision, you can do you but you need to keep in mind the risks that you will be taking.