Look at the screenshot. Three days ago, a whale moved 80,000 BTC — over $9 billion in total.

He bought them in 2011 for $260,000. Held for 14 years. Survived several bear markets, altcoin wipeouts, the FTX crash, and “Bitcoin is dead” headlines about five hundred times. And he never touched a single coin. Made a 34,615× return.

Now here’s an honest question for YOU.

If that were your wallet — what would YOU do?

I’ll tell you what I would do. I wouldn’t sell everything. I’d keep a billion in the asset. Maybe one and a half.

And here’s why this is important to understand — especially for YOU, whose portfolio is currently in the red or in paper profit, and inside you’re already starting to wrestle with the question “when should I take profits.”

The most expensive mistake in the market is ALL-OR-NOTHING thinking.

Either I hold to the very end and catch the absolute top. Or I go all-in to cash and “buy back lower later.” Both are illusions of control. The peak is only visible in the rearview mirror. The bottom too.

Munger’s rule works both ways. Enter in tranches and exit in tranches. Not heroically. Not “by gut feeling.” But by a plan.

What a partial exit gives you:

— You take real capital off the table. Not paper profits.

— You keep an anchor in the asset, which could still multiply many times over. And if it grows — you don’t tear your hair out, because you’re still in the game.

— You remove the market’s emotional blackmail. Because part is already locked in — and it hurts much less to watch the rest draw down.

The whale who sold everything is probably sitting there today thinking: what if I had kept 10,000 coins? Another 14 years — and that could be not $9 billion, but $90 billion.

The brain doesn’t switch off after taking profits. It will always find something to bite you with.

That’s exactly why in my approach — and in the strategy I break down in the Academy — there is no “exit all at once” scenario. There is always a plan for portions. Always an anchor.

The cycle will sort everything out. But only for those who stay in it with at least one foot.

And you — how would you exit? All at once or in parts? Write in the comments, let’s discuss the options.