Morgan Creek CEO, Mark Yusko Commented: Don’t Sell Bitcoin

[MI6]

I am not sell my bitcoin. Actually not more than 0.03BTC that i have for now. But i think hold it for longer time is worth to do. But for who hold, i think keep positive about investment is not bad. Maybe a lot of people already know if must use free money to make investment. So they are not worried anymore when must hold for longer time, at least it is to get better profit.

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[fabiorem]

Dont sell, but dont just go "all-in", please.

People who go "all-in" are the most likely to sell at any price crash, because they might need the money before the price recovers.

Dont listen to beartards, and dont listen to bulltards either. Balance your investments, aim for the middle. Bitcoin is a great invention, but it should not be treated as a cult, or as a way to quick profits.

[BitHodler]

If you can hold it for another 5 years, that may be a good time frame and then start selling later.

Decisions.... that's what it comes down to. I mean, you can choose to lock in guaranteed profits of 100-200% when you're up, or choose to wait some more years with the risk of not making an awful lot of extra profit justifying the wait.

I have thought about it myself, and I will probably end up selling 25% of my total holdings whenever we hit $20k and from there carefully follow the price action. Thinking back now, I probably should have sold 25% during the peak in 2017.

I noticed that I'm not so comfortable anymore riding out those deep corrections. It's psychologically quite a bitter pill to swallow because you get used to the higher prices and then wake up to the reality of this volatile market.