Bitcoin at $109,000! Is it time to sell?

Hello!

We finally hit an all time high again! At the time of writing these words Bitcoin is trading at 109k.
We weren't at similar prices since last January. We had to wait 5 months until

Now the big question comes, is it time to sell??

Honestly, I don’t have the perfect answer. Everyone has a different goal. Some want fast profits. Others want to hold for the long term. Some people already sold a small part to take back the money they invested. That’s OK for me. Everybody have to find a strategy that works for him.

In my case, I try to think long-term without forgetting to take profits. Over the years I learned 2 things: Bicoin always goes up, you will never regret taking profits. Even if it goes higher, profits are profits!

Bitcoin is strong because it is limited and all the governments in the world keep printing fiat. As Lyn Alden says, nothing stops this train!
When price goes up fast, we want to protect our gains. But I also remember: in the past, every time Bitcoin made a new ATH, it later made another one even higher. Selling too early can be a mistake, however I will sell some gradually as we move up (hopefully).

I believe that the best way is not all or nothing. Maybe sell a small part if it helps you sleep better (in my case, it does). But hodl some if you believe in the future.

Nobody can time the top perfectly. Not me, not the experts, and not you. So stay humble, and don’t let emotions control your plan.
This is not financial advice. I’m just sharing my thoughts.

Congrats to everyone who believed in Bitcoin. But the journey is not over. For me, this is still early.
Stay calm. Think long-term. I hope you have a great day!

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