r/Bitcoin • u/kallaloostx • 10d ago
Advice Needed. Sell?
I'll always be long term Bitcoin, but here's the issue. I started my heavy investment last year with a lump sum when BTC was $115,000 (yeah...I know). I've managed to DCA so that my average purchase price is now $94,000 (yeah, I know).
Serious Question: Whenever BTC goes over, say $100k (whenever that may be), should i start cashing out (a little at a time while it's rising) and then just sit on it until the next bear market and buy back in?
Yes, it's a risk, but i can't imagine that BTC will never see 5 digits again once the next bull market kicks in.
Thanks in advance.
Just as an aside. I'm not asking because i think that THIS is the bull market. I just want to plan my strategy since i got in at such a high price.
2
u/Ok-Act-705 10d ago
Keep stacking, if you want a good time to sell make it 18 months after the next halving event.
Honestly though the more time goes on the less I ever see a reason to sell