Just sold 5% of my Bitcoin that I've been holding for 3 years and I feel satisfied doing so.
I didn't need to sell, and it was mainly for the satisfaction of getting back some of my original investment.
However, I also feel like its broken the "HODL AT ALL COSTS" mindset which I felt was getting a bit unhealthy.
I do feel there are risks with Bitcoin, and I won't drag people down with that here, but I will be diversifying that money into gold and shares, mainly tech shares.
If Bitcoin dips a lot, I will also buy some more Bitcoin though.
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It does take a long time to do this, of course not everything is as lucky as you get, by only selling 5% you have got the initial investment capital that you have kept for 3 years.
actually what you say about the risk of bitcoin is inversely proportional to your story of being satisfied that you have recovered your original assets, this clearly provides an indirect explanation that investing in bitcoin is very profitable.
although it is a big risk if you do wrong and are impatient like you.
of course the right thing if bitcoin goes down to buy it and save to wait for the increase again.
You have done the positive thing. If some of the proceeds you have got to transfer to stocks or gold, there is nothing wrong in doing that, because it is just as good.
of course all the decisions are yours who have the capital. but I made it clear that bitcoin is the best no one can deny that.