I will simply say that every individual has different strategies in terms of buying and selling Bitcoin/altcoins, and it is good to have this trading ladder especially if you enter the market at different price ranges, For example, bought at $87k, $94k, $98k and so on. I may sell or takes profit on this orders, $115k, $125k, $150k as a spot trader. An investors plans may be different on the entry and exit plans depending on individuals.
Nevertheless, it important to sell based on the entry and exit plans for a trader/Investor in my opinion