Consider selling BTC for these simple reasons:
1. Too Popular: If everyone is buying BTC, it might be a sign that it's overvalued. Selling now can prevent losses if the market corrects.
2. Big Hurdles: Look at price levels where BTC struggled to go higher before. Selling around those points can be a smart move.
3. Moving Averages: Check if the recent prices are lower than the average over time. If they are, selling could save you from potential losses.
4. Low Interest: If fewer people are trading BTC, it might mean less support for its price. Selling during such periods can be a precaution.
5. Strange Patterns: If you see weird shapes in the price charts, it could signal a change in the trend. Selling when things look odd might be a good idea.
Remember, it's like selling something before its price drops – simple risk management! 📉 🔥 #Investing101 #BTC