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- Bitcoin Just Hit an All-Time High: Should You Sell Now?
Bitcoin Just Hit an All-Time High: Should You Sell Now?
What Sparked Bitcoin’s Recent Rally
Bitcoin Just Hit an All-Time High: Should You Sell Now?
When should I sell my bitcoin?
I’m asked this question all the time.
Over the years, I’ve learned you should never sell your entire position in certain assets.
Of course, you can scoop a little cream off top whenever you need the money… Or when you feel the asset has run up too much.
But the idea is to hold high-quality assets for the long haul.
Gold, real estate, and some blue-chip dividend-paying stocks fall in this category. You want to keep these assets for the long term because they typically hold their value against relentless government money printing.
I believe bitcoin has now earned its rightful place among this group of long-term holds.
As long as the government continues to print money like there’s no tomorrow, I don’t think I’ll ever sell all my bitcoin.
In fact, increased money printing is incredibly bullish for bitcoin’s price.
As I’ll show you below, even though bitcoin hit new all-time highs last week, you should continue to hold your position because much higher prices are ahead.
What Sparked Bitcoin’s Recent Rally