Take Profits on Your Bitcoin If You Want To, Don't Let Anyone Make You Feel Bad About It

Bitcoin breached $28k again today and I believe the top is not yet in.However, unless you're a very long-term holder, it is not wrong to take some money off the table if you're already in profit.There's a popular saying that "you're not really in profit until you take profit."Also, a small profit is better than no profit.Don't think that the price of Bitcoin will keep mooning forever.A drop will happen at some point, even though we can't say how low it will go.No matter how long Bitcoin defies gravity, what goes up must eventually come down.So, if you're already in profit, take some of it and hold on to an amount you can afford to play with going forward.​Will Bitcoin hit $50k in this bull run?Will it hit $35k?No one knows for sure.But all that won't matter if this epic bull run ends and you have nothing to show for it.Don't let anyone make you feel bad about it.It's your winning.Enjoy it!

Submitted December 30, 2020 at 04:57PM

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