One very good advice I usually give anyone that wants to go into investing is that;

Before you put your capital into something, map out your exist strategy so you don't get too greedy or too fearful.

Highlight where you will take profits and where to stop losses, but Micheal Saylor of MicroStrategy has a quit varying opinion on that.

He has been attributed with the famous saying “buying the top forever” in the sense that what you may see as an all time high today can become a low tomorrow.

A reporter asked him when he will take profits from his Bitcoin holdings which he is currently on a 70% profits and he still said again that he is buying Bitcoin forever.

That is quite some bullish news, so now the question for you, do you set your “take profits and stop loss” points immediately you enter a trade or you let the trade decide for you ?

Back to MicroStrategy, will they truly hold Bitcoin forever, well,the man has a valid argument for holding Bitcoin, but I think he does want to build a hype or FOMO around a particular figures of profit.....we know how detrimental that will be for price of Bitcoin if he had mentioned let's say 80k.

Every will set a sell order at 79k, no body will want to be left with a bag when the whales are taking profits.

These are just my 2 cents, I hope you make sense our of it.

Hope you learnt something today, I am ticktalker and I always post crypto/educative contents.

Making each day count in the world of crypto is crucial for success. Plan, research, and learn to stay ahead. Keep pushing, legends! 💪💯

Until next time, stay SAFU.

Please whatever is written in the article above is for educative purposes only. I am not a financial advisor.

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