Avoid been carried away, it's never going to be bullish forever

[poodle63]

Good advice. But it depends on someone's goal. Some want to secure their gains and pull out their investment just to take profit. But some people sell only a portion of their holdings because their goal is to hold as they see that their holdings are worth holding.

If the profit that person gets from holding to this point already as much as their initial investment or capital then it's definitely already worth it. I'd personally only take out my initial investment and let the rest of the coin I hold to grow even higher since even if it gets dumped we won't lose but still in profit. That kind of strategy I think is the best when the pattern of bitcoin price movement isn't the same as last year however we'll see until 2022 whether bitcoin just gonna repeat itself like it was before or the bullish that we are having today never got any correction or bearish.

[JoMarrah Iarim Dan]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

I am also afraid that the end of 2017 might be the same as the end of 2021 but my mistake in 2017 leads me into a better thing in 2021 because if I converted all of my bitcoin last 2017, I will not watch it rising right now. Now 2021, I am still planning to hold and save more not only bitcoin but also other good coins that I might earn thru joining campaigns. This rise in price of btc might happen again in the next year or in the next 3 or 5 years so I must be prepared for that.

[aprilnot]

bulls won't last forever, but to think that this kind of market mood could last a little longer isn't a bad thing. sooner or later the tragedy of a fall will occur, which is why it is when a market like this one has to invest and earn the appropriate profit. after that when the market is bear, we can think of further plans.

[wxa7115]

I am also afraid that the end of 2017 might be the same as the end of 2021 but my mistake in 2017 leads me into a better thing in 2021 because if I converted all of my bitcoin last 2017, I will not watch it rising right now. Now 2021, I am still planning to hold and save more not only bitcoin but also other good coins that I might earn thru joining campaigns. This rise in price of btc might happen again in the next year or in the next 3 or 5 years so I must be prepared for that.

This is precisely why it is not going to happen in exactly the same way, the markets are not just a bunch of charts that we try to decipher, the markets are made of people and if you are thinking this then you can be sure the rest of the traders and investors have the same misgivings that you have.

With that in mind then the end for this bull run is going to be different than what we saw back then, it will either end prematurely as people sell their coins thinking a crash is coming while they try to secure their profits or this is something bigger than a bull run and instead of ending at the end of this year we could see years of positive growth as people get nervous about the future of the current economic system based on fiat currencies.

[ElaineGanda]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

The same thing I am thinking for quite a while. When cryptocurrency will be implemented and regulated all over the globe, I mean in almost all sectors of industry. It is really dangerous because the industry we have right now and the economy will be in the hands of the whales. They will have control of what we have maybe even the government. I read some article saying that cryptocurrency already surpassed its own purpose of creation. Crypto market has gone beyond the expectation and now it is too hard to ignore.

[nightwishx]

That's right, profit is the main part of our investment. the most important thing that we should know is that the market cycle must occur. if we are able to understand it, I'm sure we can have a strong mindset and know the time when we should buy and sell it for profit.

[Godwinpaul]

I sincerely understand your perspective and it just dawned on me that anything is possible in this space. I wish to have the bull run for a longer period of time, but we never can tell how long this would last. The market has its ups and downs and we don't know when the bulls would have it.

[Ceyflix-Rez]

It's never going to be bullish forever but this bull season is one of a kind, every drops is an opportunity to buy more because it's certain that there will always be demand for crypto now, be smart and take advantages, it's not over just because market is retracing presently

[iamsange]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

Ya, and if people do that maybe not much who complaint when a lot of crypto coin dumped yesterday. I think a lot of people still on greedy state which make them want more profit from coin that they bought without any analysis about it. That is why people should really know when to take profit, and most important thing is not regret if they already did it.

[lxiaoh]

Thanks for advice, and i think what you had said are totally right. But i still want to talk about that greed is the nature of human, it is very hard to overcome it. You had done your job well, but unfortunately there are most of the people do not left, because they want more profit.

[llecrf]

The current situation allows me to make a better profit than 2017, the bear market may come later than we expected, but I will enjoy this moment and continue to trade, there is always a risk when the crypto market is bullish and when the bear market arrives, we can hold most of the coins for long term investment

[Mahdirakib]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, ~

There is big difference between 2017 and present crypto market condition. Now cryptocurrency got huge adoption around the world. Many big companies has invested in crypto, specially in bitcoin. They haven't entered in the crypto market to make a profit in the short term. Although we shouldn't expect a bullish trend forever but don't get panic with a market correction. It's upto you if wish to take a profit in short term. But crypto market have long way to go. Maybe your sell point will be the lower market range in future.

[Zemomtum]

This is certain that we cannot be going bullish forever but in my own opinion, this is not an end to this bull run. Everything that is happening is just a minor correction which we are going to experience a new wave from next week upward

[devollito]

Take profit is only for people which does not believe bitcoin is the future or people who trade daily. If you believe bitcoin will be the next store of value replacing gold, you will hold and not selling it untill it reach the vision and misiion.

[Kasabus]

This is certain that we cannot be going bullish forever but in my own opinion, this is not an end to this bull run. Everything that is happening is just a minor correction which we are going to experience a new wave from next week upward

Bitcoin won't always at its peak season and that's definitely a sure thing. It will start falling its price again due to its high volatility. But bitcoin at the moment has made its foundation stronger due to its huge support from institutional investors so the scenario will be totally different from 2017. Bitcoin won' fall deeply this time and the way i see it, its bound to reach another peak again after it recovers.

[nykka]

I see people around me, who are overpositive and I don`t understand them. I was a witness of the past cryptowinter and I know how much assets can fall after bullruns. For now I have sold all dubious coins and prefer to get passive income from staking and joining new prospective ICOs. Many people lose their mind, when they see such tremendous growth, don`t be one of them, bull market will end sooner or later and the smartest move for now is to start taking profit right now

[Sled]

I see people around me, who are overpositive and I don`t understand them. I was a witness of the past cryptowinter and I know how much assets can fall after bullruns. For now I have sold all dubious coins and prefer to get passive income from staking and joining new prospective ICOs. Many people lose their mind, when they see such tremendous growth, don`t be one of them, bull market will end sooner or later and the smartest move for now is to start taking profit right now

You are driving your funds in the safest way possible.
It was really a good idea and we don't need to fool ourselves thinking about HOLD and HOLD because that seems not so helpful always. Selling doesn't mean that we are panic (weak hands), but this is because we are smarter than the others. In fact, many people had suffered regrets last 2017 because of the word HODL. It doesn't make sense now and we must be thinking wisely, and you did it right.

[CaVO32]

I see people around me, who are overpositive and I don`t understand them. I was a witness of the past cryptowinter and I know how much assets can fall after bullruns. For now I have sold all dubious coins and prefer to get passive income from staking and joining new prospective ICOs. Many people lose their mind, when they see such tremendous growth, don`t be one of them, bull market will end sooner or later and the smartest move for now is to start taking profit right now

You are driving your funds in the safest way possible.
It was really a good idea and we don't need to fool ourselves thinking about HOLD and HOLD because that seems not so helpful always. Selling doesn't mean that we are panic (weak hands), but this is because we are smarter than the others. In fact, many people had suffered regrets last 2017 because of the word HODL. It doesn't make sense now and we must be thinking wisely, and you did it right.

At the end of the day, it is on your hands what you want to do with your funds. So I don't criticize others for early selling as they have plans on their own. Who knows, they can get more profit with their strategies. So in this market, don't judge people as we don't know what they are thinking. Just take care of your own business.

We can read a lot of suggestions here, but it is still up to you how you will react on these countless pieces of advice. It is for you to gauge your financial situation. Because you are the only one who knows your actual financial status. And that is for you to consider on every decision that you will make on this market.

[Ozero]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

The current drop in the cryptocurrency market is another confirmation of the cyclical movement of prices in this market, as well as the fact that prices on it cannot rise for too long. During the period of growth, there will be a decline, and this should always be remembered. Therefore, periodically you need to fix your profits, if possible. Better then to buy at low prices than just watch the rise and fall of prices in this market.
Therefore, at the same time, one should not panic. After a while, the price will go up again.

[Farma]

I know the anxiety you feel. I also feel that way all the time. however, don't just watch the price drop. How are you prepared when prices go up this year? to be honest i also really missed the train that was going on. it is good advice anyway, but I will probably try to take the right steps for now.