I have been watching crypto and the price of Bitcoin for quite some time now because my brother 
I did buy 6 Bitcoin for $180 dollars, and that obviously turned out to be a good investment.
Lately, I have been wondering about whether or not I should dump some of my coin and get out some profits. While I had to fight fairly hard to decide, I decided not to sell my coins. Here is why:
My brother was into Bitcoin while it was around $100 and then he saw the price spike all the way to $1100+. After that initial burst, the price dropped all the way back down below $200. Once it reached $600, he sold a good amount of his Bitcoin. While he got his coin very cheap, especially because he mined a lot with some of the first high powered ASIC miners for Bitcoin, he would have done much better just to hold onto all of the coins for a while longer.
I feel like I am in the same predicament. Sure, I could have sold all 6 of my Bitcoin for $19,000 and then rebought for $7,000 and I would have about 15 Bitcoins now, but no one has a crystal ball. I think that the long-term value of Bitcoin will be well over $100,000, so why would I sell at $19,000 or especially now.
I could be all wrong about Bitcoin and crypto in general, but considering that I started with under $1,000, I feel like I don't have that much to lose. 6 Bitcoins could potentially make me a multi-millionaire one day, and that is why I am going to continue to hold, even if the near-term outlook of crypto doesn't look so hot.
Stay High,
