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Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
Just follow these 3 simple steps IN ORDER:
1. Sell during the bull market.
2. Buy during the bear market.
3. Continue accumulating after the bear market.
Right now, we are entering the bull run. It's a perfect time to sell your assets like Bitcoin or whatever crypto you are holding. Always, always take profit because the main goal of an investor is to make profits. Now when you sold your tokens already, wait for the bear market to happen, and that happens usually after the bull market. At that moment, you have the money that you got from selling your assets. When we are in a bear market, prices go down, and that's the perfect opportunity for you to buy Bitcoin or whatever cryptocurrency you want to buy. After the bear market comes the accumulation phase, and even though the prices at that time isn't as low as when it's still in the bear market, I can say that it's still a good time to buy some coins in preparation for the bull run.
Always take note that the market moves in cycles, so make a strategy based on the cycle as well. This kind of strategy takes time, but it works every time. Just imagine you bought some Bitcoins way back in 2020 and sold it in 2021 then bought again in 2022, 2023, and 2024. Holding your Bitcoin forever without selling is a stupid strategy because there will be a point where you will sell it for some reasons. As an investor, your main goal is to sell your assets and take some profits.
