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RE: Congratulations! You are about to survive the longest bear market in Bitcoin's history!
The thing is, if bitcoin recovers again and makes another run at those highs. It probably goes a lot higher this time around. So, selling at $20k may leave you shaking your head shortly after... it's tough to time tops and bottoms.
I expect next bull to go higher than 20k for btc probably near 100k my opinion. I will definitely not sell at 20,000k I might take 5% profits as it goes up after huge rallies and buy back in on dips. Its nearly impossible to sell ath but I had plenty of chances to sell pretty high from my initial investment and I held all the way down. Once I see a full market reversal back to bear ill sell 80% of my bag and try to buy back in once I feel its right time.
Thats my game plan but when that greed hits you make some questionable calls. I over 10x my investment last bull now im down 80% on my initial investment. I did great trades as we moved up bought all the right dips. My problem was I thought it was going to continue to 100x having no knowledge of markets at the time and based on past performances. I understand the market cycles allot more know. But I definitely agree with everything you said it’s extremely tuff to time tops and bottoms.
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