It's very important to consider your own risk when developing a profit staking.
Exactly, management risk is one of the important parts to be considered when investing in Bitcoin. This is to ensure us to do what kind of investment that we will take, for short term or long term. So, we will certainly have the strategies to take based on the target to achieve.
Short-term or long-term what's your goal?
I'm into long term holder.
I'm still holding my BTC since the previous bullish era, and some altcoins that are still holding tightly in my wallets.
And this bullish era, then, will become the era to take profits.
I am very aware and understand that sometimes our expectations will not always run straight and smoothly with existing realities. However, at least, we already have a plan on the target price at which we will take profits to accumulate more significant profits. Because, sometimes we will be in a dilemma when the Bitcoin price becomes higher and higher, and then hope for it to be higher again and again, so that it will turn us into greedy. And this is what we have to be careful of, we would be better off managing the risks as well and wisely as possible.