RE: Knowing when to say when...
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I can see your issue here. It's a tough one alright, seems no matter what you do, you're gonna wish you'd done the other.
I was reading years ago, that wealthy people will purchase an asset then sell half when it doubles, essentially giving them the stock for free. You know of course that noneof this is advice and you will do what is best for your own individual situation. I just wish these crypto assets weren't so closely tied to the Bitcoing price. It's great when it goes up, but when it comes down...
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Yeah, for sure, those drops can really get you if you don't time things right. I guess the smart thing to do is never to take it all out. That way I always have a little in there incase the price explodes.
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The wealthy also tend not to sell but rather leverage the asset for other things.
So in crypto, if someone felt the price of Bitcoin, as an example, is peaking, then one could put that into a liquidity pool and end up leveraging it for another token. If the price still goes up, fine.
This way the asset is still retained, although it might end up being swapped.
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