Why didn't you sell Bitcoin?
Two months ago, I wrote about the Bitcoin Halvening Reward and wondered what would happen to the price as a result. At that time, I was not sure if the price would go up or down. Now, given the rapid price increase and the pull back, it is prudent to take some profits. Take a look the chart and see the high was $778.70 and the recent low $625.00.
Learn from experience
Having witnessed many peaks and valleys in trading, I take what the market gives me. I learned this lesson the hard way. Seeing 'paper profits' vanish is not a very good feeling. Repeating this over and over is a recipe for disaster.
You don't have to sell all your Bitcoin, but take some profits now.
I told a friend to sell the day before. I figured 740+ was really high. Hah... oh well.