Depends on what type of an investor you are. If you are fine holding your assets for a decade then you shouldn’t mind price corrections ‘coz in the long run its price is increasing. However you’d be able to maximize the profit by selling during peak price and buying during ‘dips’. It is just that no one could exactly tell the perfect time to make an action which makes sense to say that it depends on the investors appetite. Imagine selling at $69k then its price continued to break price ceilings and never got back to lower market price, would you be expecting such? Of course not. If we would also base to those who bought on its early stage, profit is evident still, which is a good example on what to do with your holdings.
Yes it really depends on what type of investor they are, if indeed they have and always apply long-term planning then I think some events that can make you worry it will not be too big a problem for your accumulation, because obviously there you apply long-term planning and if there are some corrections that occur then you don't have to worry too much because it will be easily overlooked, I mean over time your planning then the price movement will go back up and you will still be fine there.
Well that's a good suggestion as your planning time goes on then to maximize profits as you said, we can take advantage of some moments of price movements that are happening, such as for example maybe when prices soar then we can sell some or some of our bitcoins to just take advantage and after that we can wait for the next moment when the price corrects or forms new support then we can take advantage by buying in the lowest area in your opinion with the money from the sale some time ago when bulish dominates, it is very reasonable and effective in my opinion. Yes it is true, that indeed anyone might have difficulty when looking for the right time to sell, there will definitely be doubts that come, but I think it goes back to each of them, if indeed they think the price is good enough to take advantage then just do it and never have a feeling of regret when it turns out that the price is much higher. In my opinion, one that can be used to complement this method is that we must at least understand some analysis in reading price movements at least in the near future, learn to determine support and resistance because with that I think you will be more helpful in terms of considering the decision to sell or buy at a reasonable and profitable price, I always do that way on my monthly DCA application.
