Quote:
Originally Posted by tgiggity
Yeah I get it.
But I got into btc @2k before the run up to 21k and never sold in that cycle. Would be nice to book some profits and re enter , but maybe I'm setting my sights too low. Though we've almost 10xed already off lows this year
Depends on your goals and how much you have. But generally I think most who wouldn't harvest some profits in this situation are making a mistake. I guess write down best case or very good case result for BTC for you, and then come up with a plan/strat to get you there with est probabilities of outcomes.
I mean if you have 100k worth atm and you only deem it a success if you can turn it into 1mm then you prob shouldn't harvest.
Also prob better off taking your cap gains in 21 vs 22.
A friend had an amount that if he sold @33k, he def didn't ever have to work again. I was trying to talk him into harvesting and he's wanting to let ride. I'm like are you out of your mind? Sell 75%... and let the 25% go to the moon if it wants.
There's never have to work money, never have to work money + have more than 1 house, then there's private jet money. If it's jet or bust then YOLO.