Do you regret not doing a profit booking

in #hive-1679222 months ago

Just 8 months back, Bitcoin touched the All-Time High and was trading at $67K and as of today, it is around 22K i.e. around 70% down from the top. So, do you regret not doing a profit booking at the top?

image.png
PC: Google.com

I have been to the previous bear markets and thus we have come out of that to see something spectacular happening that is from $3K to $67K, i.e. increasing by so many folds. We do not want to be in a bear market but that is the part and parcel of the whole global market, if there is a Bull there will be a Bear. Bears are more painful because we tend to see our portfolio value going down.

But what goes up goes down to go up further. Yes, we are in the bear market but again it will not going to last forever, there will be a bull again and then we will see the price touching new heights every day. But I do regret not doing profit booking at the top because I would have some more cash to buy at this level so my Bitcoin quantity would have been tripled. And I know there is no point in regret now, today we should somehow manage some cash and just buy the dip so that when the next bull market returns we will have much more portfolio value.

People who were thinking of completing the goals on Hive, this is the time because we can buy and complete the goal of the year now. I am not saying that you should buy now, because the market can go down even further but still try to accumulate whenever you will the time is right to reap the benefit in the future. Not only crypto the stocks are going down too, so again it is the time to accumulate quality cryptos and stocks for the future.

Posted Using LeoFinance Beta

Sort:  


The rewards earned on this comment will go directly to the people(@codingdefined) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

I do regret not booking some profits before but doing now is just insane so keeping my cool, lol! And yes, HIVE is one I'm looking at buying when all these chaos will at least settle down.

Posted Using LeoFinance Beta

Watch out for the human traffickers here. You wont know it until its too late. STAY AWAY! Beware, traffickers can be women or men! They will act nice until they dont. There is human trafficking going on around this type of crypto. I have witnessed it. They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.

Tbh, I do regret that I didn't exchange more of my bags on top... I did begin to "scale-out" at 45K on the way up to 67K, but my idea was to do more than I did... :) Anyways, it's not the end of the world, as I got some nice cryptos for that these days... and I did exactly what you said, put my fiat money to speed up #MyHiveGoals!

Cheers!

Your content has been voted as a part of Encouragement program. Keep up the good work!

Use Ecency daily to boost your growth on platform!

Support Ecency
Vote for new Proposal
Delegate HP and earn more

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

i have booked some profit when bitcoin first hit $36k. So some people may laugh at me for selling too early while i see the price keep increasing to $60k+. When I sell, I already have aside a re-entry price of $18k. I am still waiting.