Why you shouldn't sell your BTC now

Here's my take on why you should hold on to your coins:

1-You only lose money when you sell at a loss. If you only invested what you could afford to lose, which is rule number one for any type of investment decision, there shouldn't be any reason to sell now.

2- It has only been a few months of this bear cycle. Be PATIENT. Most cryptocurrencies are still deep in the green compared to pre-November values. On the other hand, holding the market portfolio on regular capital investments has historically yielded around 7% above the "risk-free" interest rates provided by Treasury bills on a yearly basis. Those returns can be achieved in a matter of minutes in crypto!

3- BTC hasn't broken below the recent low of 6K, so selling now is purely based on sentiment. If you are a bear at least wait for a breakthrough, retest, and rejection to the downside.

4- If you bought close to all-time highs and held through the whole downtrend of the last months, let's be honest, you are not gonna sell at this prices.

5- If you bought before the last bull run and didn't take profits, which I wouldn't endorse myself, it means your sell target hasn't been reached; so nothing has changed for you.

6- If you already took profits you probably took your initial investment out, hopefully more, so no reason to panic. What you still have in crypto is just play money for you.

7- The fundamentals haven't changed from the time you bought in. So if you thought your coins were undervalued then, shouldn't they be even more undervalued now? Time to BUY more, not sell.

That being said, if you are still thinking about selling, go ahead. Exit the space. I'll see you again when you buy back in at higher prices. That's when I'll be selling.

Te akiratu.