HODLing Bitcoin isn’t for the faint-hearted. Period. One minute the prices are in the red zone, the next the price skyrockets shattering known resistance zones and setting new all-time highs.
If you are among the few lucky people who boarded the Bitcoin bus early, there’s a question that’s always lurking on your mind – should I sell my Bitcoin? This guide will explore the answer to this frequently asked question and more.
Emotions aside, please!
Before we dig deep into the world of selling Bitcoin, it’s important to keep emotions at bay. Most times, one is tempted to sell after a blood bath that shatters every support level out there. So always keep emotions away when making a decision such as should I sell my Bitcoin.
Being level-headed when making a crucial decision when asking myself ‘Should I sell my Bitcoin’ has helped me avoid losses that I would have regretted later on.
There’s a golden rule that you should always keep in mind when buying Bitcoin or any other cryptocurrency; ‘never risk more money than you are willing to lose’.
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