Going against the grain.

[Zigabel]

I think now is a good time to take some profits and set it aside.

It's a given when all the internet bobble heads get excited is a good time to sell some. When anything rises fast it comes back down almost every time.

Even if it goes up some more you still secured a profit, get rid of the emotion. When it drops below your sell poing enough buy back in a bit at a time.

Everyone has got their various approach with which they get on most of these things and and so some could want to make some more profits beyond what's obtainable now and wouldn't want to make any withdrawal while others may get on with partial profits and later they will get the remaining probably when the profit has gone higher again beyond what it was at the time they first took profit. It's also good to keep a watch on the the asset even after taking partial profits because there could be another opportunity to get on the market again.

What every preferential approach one chooses the aim should be to staying profitable at almost all times because that's the only way to staying long enough in the market but if staying profitable is challenging the. I think the approach I'm use should be changed.

[btc_angela]

I think now is a good time to take some profits and set it aside.

It's a given when all the internet bobble heads get excited is a good time to sell some. When anything rises fast it comes back down almost every time.

Even if it goes up some more you still secured a profit, get rid of the emotion. When it drops below your sell poing enough buy back in a bit at a time.

Yeah, I know that we shouldn't used our emotions in crypto investment. But if you used logical thinking and see that we aren't even in the bull run, they why sell? History tells us and it hasn't been broken yet that the price will go on a parabolic rise right after the bitcoin block halving.

So why sell right now when you can make more profits just by sitting your Bitcoin in your wallet, or to continue to buy and HODL. So there's no emotion on that, just base on our experience and that those speculations hasn't been proven wrong yet.

Not a financial advise though, I'm just sharing it based on my experienced.

[goaldigger]

I think now is a good time to take some profits and set it aside.

It's a given when all the internet bobble heads get excited is a good time to sell some. When anything rises fast it comes back down almost every time.

Even if it goes up some more you still secured a profit, get rid of the emotion. When it drops below your sell poing enough buy back in a bit at a time.

There's no wrong in securing profit and it's actually advisable to do so. Every investment should have a target price to take profit so you wont be greedy when the market pumps, just like what happened right now, if you are able to sold at the price of $52k, then you should be enjoying a good profit now while waiting for the best price to buy again. The goal here in cryptomarket is to make profit, and not to hold longer so set-up your target price and commit with it.

[_BlackStar]

-snip-

There's no wrong in securing profit and it's actually advisable to do so. Every investment should have a target price to take profit so you wont be greedy when the market pumps, just like what happened right now, if you are able to sold at the price of $52k, then you should be enjoying a good profit now while waiting for the best price to buy again. The goal here in cryptomarket is to make profit, and not to hold longer so set-up your target price and commit with it.

Everyone has a different way of exploiting market volatility to gain profits. You don't have to remain a holder forever until a new ATH is touched - but you can also sell some of your assets at a certain price and secure your profits. If you bought bitcoin at $25K - then today you have accumulated 100% plus profit and it is definitely worth selling some of it for the initial budget.

You can diversify your profits into some other assets ^{[if you don't want to make a withdrawal]} - meanwhile, you still have half a bitcoin that you can hold until the new ATH is touched. This kind of method can keep you safe from price volatility - but it may not allow you to get more profits after not having bitcoin in full.

[tabas]

It is subjective when you're going to sell. Are you in profit now? Sell if you need it. But if you don't think of selling anytime soon, that's also okay because this bull run is going to be a long bull run at least IMHO. We all have our own targets and what matters to you is that you don't follow the crowd and flock and you have your own way of decisioning. While at this point, many won't sell yet because we're still waiting for the halving. If you crave to buy, take some moment of yours and if you have some other source of income that you can use to buy, much better to do it. You'll never know on the actual bull run when you sell and then you try for it to have some dip but, the opposite way happens and it continuously go up. That's the point that when you sell, you should be happy already taking that profits and there's no going back unless you're too patient to wait and do a buy back.

[STT]

Impossible to give this advice especially as it will vary so much, most people should not sell as much as they will because they wont rebuy at a better price or lose the incentive to be as involved.   Quite a few people sold too much and regretted it but if you need the money clearly you dont have too much choice at that point.

   I sold BTC back when it was needed as part of mining and costs related to that, if I had known the whole story or just thought alot more about it perhaps I could have guessed better;  clearly I'd have kept it all but nobody knew just a few had better confidence then others I'll admit I didnt think it through enough.  Generally ever since that time I never sell all just a bit here and there.

[GreatArkansas]

I think now is a good time to take some profits and set it aside.

It's a given when all the internet bobble heads get excited is a good time to sell some. When anything rises fast it comes back down almost every time.

Even if it goes up some more you still secured a profit, get rid of the emotion. When it drops below your sell poing enough buy back in a bit at a time.

OP has a point here, you will never call it a profit until you press that red button, which means take profits.
If our goal is an investment then for me, there's nothing wrong in taking profits because that is our goal in the first place.

But if we have a plan and target, and we can also stick to it.

[Fundamentals Of]

Although I agree that there is a good time to take some profit, temper the greed, and plan to buy back at a lower price, I think this isn't that time yet. We are not yet at the peak. We are still in the middle part. If you sell now, I wonder what your buy back target price would be. Would that be $45,000 or $40,000 or $35,000? Although we might reach these levels again, I guess it would only be after reaching a new ATH and even $100,000. For me, there's still a little more waiting to maximize the growth and to make the buy back more worth it.

[traderethereum]

This is exactly what people should do, that way they would be able to increase their bitcoin holding and the result will only be better, that is just how it is and should be pointed out as much as possible.

I get that it is not going to be all that easy, but we are going to end up with causing a lot of trouble when it comes to that. Life is not all that simple, and we should probably require some sort of periods when it is going to be more capital in your pocket, and during those times the best thing to do would be just making sure that you end up investing into bitcoin with that money. Some people focus on some worse investments just to diversify but it is better to risk it all on bitcoin then invest into something stupid.

Even if that is not going easy, we can still try to invest in bitcoin. We already know bitcoin is the best investment for us, and having bitcoin investment gives us a chance to make a big profit. We have more time to focus on our bitcoin investment, which can be our last effort before we see bitcoin price increase.
We do not know when bitcoin increase, and that gives us more room to buy more in this time. We must use any chance, including buying at a low price because bitcoin price still is up and down, and that can be our time to buy when the price is down, and we can accumulate more bitcoin.
When the price starts going up, that will be out time for us to smile because our investment value increased, and that depends on us when we want to sell bitcoin.

[Out of mind]

If you are such a stand-up person, then definitely plan for the long term. If you sell your coins, you won't gain much, but if you hold on to a few, you will be salted and happy if the price goes up. However, if you hold Bitcoin you must be patient and most investors follow a goal. And the goal of investors is to invest and hold Bitcoin until it reaches its maximum height. And if you are trying to hold on to Bitcoin investment then you must wait until the Bitcoin price touches $100,000 then you will be a successful person.

[Uhwuchukwu53]

Everyone has their own strategy for taking profits, you choose to put yourself in a trader's position, which is very good for securing profits in the short term. When the market is surging, long-term investing is more profitable than selling just to secure a small profit. It takes a long time to wait for the price to fall again as you would like if the market is in an upward position. Hold is better than selling just to take a little profit, you will get bigger profits if you are able to be patient a little longer.

Your advice speak my mind ,but the problem about people is how they view there profit making in their investment many go through so many emotion mostly when some of their financial challenge is tide down to the investment it's difficult to practice the Long time holding, that is why is more advisable to have other investment outside from Bitcoin because I don't see reason one will rush to get smaller profit without considering the huge benefits of Long time holding. Though the market practice is relative basically is of choice but my opinion to any one is to see the Long time holding as the best and put off emotions to avoid regret.

[kotajikikox]

I think now is a good time to take some profits and set it aside.

It's a given when all the internet bobble heads get excited is a good time to sell some. When anything rises fast it comes back down almost every time.

Even if it goes up some more you still secured a profit, get rid of the emotion. When it drops below your sell poing enough buy back in a bit at a time.

it is your action to decide mate because that is your investment and your money but for me I am still waiting for at least dumping back below 50k before full outing my funds and wait for a total dump.

have seen this in the past that is why I kept checking the market and even using Bot to track the movement to not let what happened in the past.

If you are such a stand-up person, then definitely plan for the long term. If you sell your coins, you won't gain much, but if you hold on to a few, you will be salted and happy if the price goes up. However, if you hold Bitcoin you must be patient and most investors follow a goal. And the goal of investors is to invest and hold Bitcoin until it reaches its maximum height. And if you are trying to hold on to Bitcoin investment then you must wait until the Bitcoin price touches $100,000 then you will be a successful person.

sometimes waiting for too much made us trapped , Bitcoin hitting 100k is for me something that does not happening any time this 2024 , yeah we may see breaking ATH but  of course we have our own decisions here.

[hugeblack]

Personally, I start selling when everyone wants to buy and there is positive news daily and greed prevails. So far, all of these things have not happened, so the buying rate is still normal. The reason for this is that the price rises and stabilizes. There is no positive news daily, and greed has not been satisfied.
Most of us will start selling at $100,000, others at $120,000.

[Miles2006]

I think now is a good time to take some profits and set it aside.

It's a given when all the internet bobble heads get excited is a good time to sell some. When anything rises fast it comes back down almost every time.

Even if it goes up some more you still secured a profit, get rid of the emotion. When it drops below your sell poing enough buy back in a bit at a time.

It seems you're not sure of your investment cause why will you sound like this and consider selling quick as the best option due to profit and loss, if you're having this mindset now I wonder what will be your advice for investors that hold for 3_5 years, if you really want to grow with your investment you should have the mindset of holding your bitcoin for long term or rather you should also have your personal target when investing so you know the right time to sell.
I guess this is your target but I disagree with this opinion cause you're getting over excited and with this excitement you might likely sell all.

[Saint-loup]

Personally, I start selling when everyone wants to buy and there is positive news daily and greed prevails. So far, all of these things have not happened, so the buying rate is still normal. The reason for this is that the price rises and stabilizes. There is no positive news daily, and greed has not been satisfied.
Most of us will start selling at $100,000, others at $120,000.

You really think there will be more people willing to buy BTC at 100k than at 50k? Why? I don't think the Greater Fool paradigm will apply to BTC at those levels TBH, because Bitcoin is not new, it's 15 years old now and most people currently living on Earth have already heard about it. So a big FOMO movement is unlikely to happen now IMO, people and investors will stay cautious and be more feared to lose their money than to miss an opportunity if the bull run continues.

[Viscore]

I think now is a good time to take some profits and set it aside.

It's a given when all the internet bobble heads get excited is a good time to sell some. When anything rises fast it comes back down almost every time.

Even if it goes up some more you still secured a profit, get rid of the emotion. When it drops below your sell poing enough buy back in a bit at a time.

There's no wrong in securing profit and it's actually advisable to do so. Every investment should have a target price to take profit so you wont be greedy when the market pumps, just like what happened right now, if you are able to sold at the price of $52k, then you should be enjoying a good profit now while waiting for the best price to buy again. The goal here in cryptomarket is to make profit, and not to hold longer so set-up your target price and commit with it.

I have to agree with this. Selling is good as long as you sell for profits. Now, if you are seeing significant profits if you decide to sell, go for it. You are responsible of your own funds, so always stick to what you think will improve the amount of your funds. Hodling is good, but know that you won’t be hodling forever. One should decide to sell, if not with the current price, or when a new all time high is reached.

Investing follows profits. And now that profits are already available, take time to sell now and the rest sell when bull run finally comes, and just buy back again when bitcoin price is at its dips.

[freedomgo]

I think now is a good time to take some profits and set it aside.

It's a given when all the internet bobble heads get excited is a good time to sell some. When anything rises fast it comes back down almost every time.

Even if it goes up some more you still secured a profit, get rid of the emotion. When it drops below your sell poing enough buy back in a bit at a time.

Yeah, I know that we shouldn't used our emotions in crypto investment. But if you used logical thinking and see that we aren't even in the bull run, they why sell? History tells us and it hasn't been broken yet that the price will go on a parabolic rise right after the bitcoin block halving.

So why sell right now when you can make more profits just by sitting your Bitcoin in your wallet, or to continue to buy and HODL. So there's no emotion on that, just base on our experience and that those speculations hasn't been proven wrong yet.

Not a financial advise though, I'm just sharing it based on my experienced.

Profits are profits, regardless if they are small or big. My view here is nothing’s wrong if one decides to sell  even when bull run is not yet realized. But never expect that you will gain maximum profits once you sell your coins. That will only be possible if you’ll be more patient to sell when bull run comes.

If you are in need of some funds, sell some of your coins. But if it’s not, then just wait for a new all time high, that’s the best time to sell and gain maximum profits.

[Kliss]

With my little understanding and knowledge, Now is not actually the right time to sell. There is a lot of positive news  regarding this bull run, exciting times ahead especially when things are rising quickly. Continue holding for the long term can pay off in a big way when you know speculation is that it's going to hit $100k and $120k  the right moment have not arise yet the bull run still have more potential growth trend and excitement ahead you can sell when it get close to it climax.