Want to take profit in the peak? Would you sale if price hits $109k again?

[milewilda]

At this point, if some people who is curious ìn Bitcoin investment see the price of Bitcoin reaching 109k I think some people will decide not to hold their Bitcoin for long again, because so many of Bitcoin investors and speculators never knew that the price of Bitcoin would have decrease to 80k, whereas many of them expected the price will hit 200k or 250k during the time Bitcoin price hits 100k.

The fact is just that many will regret while they didn't sell at the pick when Bitcoin was at $109k seing the current price of Bitcoin right now. Although many of us hoped it increases but unfortunately it didn't went as planned. But even as that those that bought for long time don't think the other way round because they are looking into the future and not the current price. Bitcoin falling below $90k is not a sign of permanent fall but will surely rise again. Those that hopped that it picked up from $109k to $200k should not even be disappointed because it will definitely reach that ballpark, just a matter of time.

I'm not sure if you will be disappointed if you don't sell at $109k, maybe there is an opportunity for profits, but it's the question whether you needed the money that time? Or think of just waiting for the bull run to happen again and maybe see it run it's course in the last quarter for a bigger price like what the majority is predicting, around $150k.

So yeah, just think about that, it might be just a matter of time for the price to peak and that will be the right time to sell. Of course, along the way there are a lot of opportunities, but everyone wants to maximized as much as we can.

You wont really be able to feel out these disappointments not until on the time that you have seen the price going lower. Lets say with that 109 peak and dropped down to 79 on which this -30k drop on which you would really be that normally thinking that what if you have sold at the peak and have been able to buyback when the price had made out some correction? For sure this will really be the mindset that you will be thinking up at the moment that the market do make out such correction. It is really just that whenever it do make out some new ATH then the primary thing that comes up into your mind is that the price might hit up even more higher price on which you will really be that definitely be assuming that it could break out new heights and this is why at the moment that it do retrace then you will be thinking next that it might recover until you do find yourself that you have been left out. If you do want to snip out profits in short term period then it will really be that advisable that you should really that having that setting out targets on selling out whenever you do have that gain % with your price entry. Exit when you do able to hit up that desired profit and then made out some buybacks whenever the price do make out some corrections. These might be the basics of buy and sell but we do know that executing will really be the toughest challenge that you would really be needing up to face as price volatility + emotions will really be the cause for you neither miss or dive int into those opportunities.

[Marvelockg]

Do you think that this is an early sign of bear run and if by any chance price where to rally near the current ATH that it'll be an opportunity for those that wants to take profits in bull run?

It is about asking yourself, where do I want to see my portfolio at the end of this year or next year or so on? the answer to that question is going to form the bases for the decision you will make if bitcoin goes back to $100k or above in the coming days. certainly, at the time bitcoin got to $100k, the thought was that things might likely continue on that part and a lot of us made speculation of bitcoin getting to $200k and so on. even at that point, those speculation are not things that defines what our investment goal is all about.

If the plan is to stack Bitcoin for a single circle for a start, whatever happens in that circle will not hinder the bigger plan I am working on. Certainly, between the time I started stacking my Bitcoin and the time I hope to have reached the end of my accumulation phase, the price of Bitcoin will never be constant. Bitcoin is a volatile asset, and so, certainly, the price will constantly fluctuate, but the application of the DCA method comes into play to help me continue following my plan till I have reached my goal.

 One thing is that, as long as you are not selling at a loss, then you have not made a bad investment plan. Experiencing the bull and then the bear afterwards does not make one a bad investor so long as your Bitcoin is still intact; that is what the waiting is all about.