After accumulating/holding for 3 years, I’ve taken my first round of profits this week.
Up over 2,000% total currently. I sold about a 1/4 of my holdings. Seeing my bank account, which is usually just teetering above rent, full up is a wild feeling. My initial plan was to sell in June, but with the recent run up I saw more than double my target price. Idk what will happen the rest of the year. My guess is BTC will chop and regress before a push to 100k around September.
I’m not making this post to brag, I’m making it for anyone on the fence of selling. Lock in the profits. If you have more money now then you ever expected from this investment, do it. I still plan on riding this train forever, but taking out the initial and then some makes it feel like I’ve won.
To the newcomers, don’t lose hope. I watched my initial investment drop 80% and I continued to buy monthly. Just a little bit every paycheck. Times were tough, money was always tight. It is a grind. When the investment finally pays off, it’ll all be worth it.
Edit: When taking profits, please consider taxes in your country. I set aside my calculated amount into a separate savings account.