How to Take Profits at Bitcoin Cycle Peaks

Discussing when and how to sell Bitcoin can be controversial, but if you’re planning to take profits this cycle, it’s essential to do it strategically. While holding Bitcoin indefinitely is an option for some, many investors aim to capture gains, cover living expenses, or reinvest at lower prices. Historical trends show that Bitcoin often experiences drawdowns of 70-80%, providing opportunities to reaccumulate at reduced valuations.

For a more in-depth look into this topic, check out a recent YouTube video here: Proven Strategy To Sell The Bitcoin Price Peak

Why Selling Isn’t Always Taboo

While some, like Michael Saylor, advocate never selling Bitcoin, this stance doesn’t always…

Read more on BitcoinMagazine

62.3K Reads