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BTC is near $80K again should I just hold?

I've been holding some BTC for a while and August was a much bigger move than I expected. Now that we're getting close to $80K, I'm honestly wondering whether I should just keep holding or take some profit.

I don't want to sell too early and then watch it run higher, but also don't want to give back a decent gain by doing nothing. 😅

What do you guys usually do in this situation?

Upvote 5 Replies 4 replies
Replies 4
GR
@greynesta 18 hr ago

I usually wouldn't sell everything just because it went up. Taking a little profit makes more sense to me, especially when there's a big level like $80K being watched.

Upvote 4
ZA
@Zack 11 hr ago

Yeah, that's kind of what I was thinking. But how do you decide how much is "a little"? 😅

Upvote 1
MI
@Michael_Ross 11 hr ago

Depends on why you bought it. I'd probably decide that before the price gets exciting. Otherwise it's really easy to make an emotional decision.

Upvote 2
ZA
@Zack 11 hr ago

That's probably my problem lol. I didn't really have a plan when I bought. I'm mostly just watching $80K now because everyone keeps mentioning it.

Upvote 0