The price of Bitcoin is relentlessly growing and its not looking like it's halting anytime soon. However, Alts prices are not following suits, which might put you at the temptation to quickly short your BTC for the the fear of the price dropping so far as its rising. You might be wondering if you are making a huge mistake still holding on to your Stacks of Satoshis, but there's a much more bigger pain when you sell off too fast and watch the price continue rising.
So when do you sell your Bitcoin? Well, that's not for anyone to decide for you. If you bought your BTC at lower price and you have seen your profits grown in multiples, then you could sell and not have any regrets. If you got your stacks as gifts or tips, maybe stacking Sats from Faucets, its also a good time to sell if you have enough stacked. But take note of this, the price increase is isn't stopping now, maybe you could hodl on longer; but if you can't, $34k is not a bad time to take your profits!
Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries.