When To Take Profits On Your Bitcoin

Learn how to buy anonymous Bitcoin:
https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin

In this video, I discuss the best time to take profits on your Bitcoin-- which is never. As Michael Saylor has said: "Trading Bitcoin is a sign of lesser intellect."

Once you understand that Bitcoin is the hardest money that the world has ever known--
Once you understand that the fiat exits are being closed--
Once you understand that Bitcoin is the only life boat--
Once you understand that you cannot outperform Bitcoin over the long term by holding or trading other assets including other cryptocurrencies--

You will realize that only a fool would jump in and out of a life boat, after having once found the life boat.

The right time to "take profits" on your Bitcoin is never. In fact, the phrase doesn't even make sense:

Taking profits= converting the best money that the world has ever seen into a melting ice cube that you then need to immediately reinvest somewhere (and hope you don't make a mistake and lose it all or get rugged) in order to preserve its rapidly dissipating purchasing power.

In my opinion, the best time to sell your fiat currencies or other assets for Bitcoin was yesterday. The second best time is today.

If you wait too long, even your trading profits could end up trapped on an exchange or in a fiat bank. In that case, you won't have access to your weak money or to Bitcoin either.

The investment choices that you make today are going to have a huge impact on your family's finances, freedom, and security in the coming years. Choose Bitcoin.

Not investment advice! Consult a financial advisor.

Michael Saylor on trading Bitcoin:
https://twitter.com/lopp/status/1667487250542649345

You're Running Out Of Time (Bitcoin):
https://www.youtube.com/watch?v=PFQ9bCtlyPA&ab_channel=BitcoinUniversity

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#trading
#crypto

Disclaimer
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