After almost three years of a ‘Bear Market’, investors are understandably nervous when the price of an asset again reaches its previous high. Anxious about the potential of losing the gains from failing to capitalise previously, they can be eager to sell and obtain a return on their investment. But this could be a mistake.
On 1 December 2020, I published this newsletter to my subscriber list, explaining why the price of Bitcoin reaching its previous all-time high, was not the time to sell. A friend of mine wanted advice on how to sell some of his investment in Bitcoin. My newsletter outlines the advice I gave him.