$BTC Is it worth taking profits now?
Today one of my clients contacted me with the following request:
“I bought #Bitcoin at 32.000 and planned to earn +20% on this, now it’s already x2, I understand that it is logical to cash out the income, but I’m afraid that it will grow very much after #HalvingTime and I will regret it”
I asked him just one question.
“Do you think that x2 income is not enough to make you satisfied?”
After which we started a conversation in which he agreed that it is better to earn x2 now than to get caught in an arb with two outcomes, one of which is a possible strong drawdown#BTC and entering a new circle lasting for months
Is it the right decision to sell cryptocurrency now? Don't think in terms of "right and wrong"
Much more important is to assess the possible consequences of your actions and inactions, based on your strategy and entry points that you made
Control your emotions, especially greed.
It's expensive.