How encryption investors can develop selling strategies to cope with market cycles and psychological challenges.

[Coin World] On August 2 (UTC+8), the strategy of when to sell in cryptocurrency investment sparked discussion. The sixth strategy is 'do not sell unless for purchase,' but the premise is that investors need to have enough financial buffer to withstand an 80% price drop. Investors lacking stable income or sufficient funds often sell at the worst times. Solutions include calculating living expenses through spreadsheets and establishing sufficient reserves to avoid being passive. If the four-year cycle theory holds and tokens are held, these assets will have the opportunity to gain from rises. Bitcoin could reach $1 million, but whether the path follows traditional cycles is still uncertain. Accurately grasping market tops is almost impossible, and for most investors, a structured exit plan based on rules is better than attempting to precisely time the top. Partially selling combined with long-term holding is also a feasible strategy, but if missing the top is more painful than selling too early, a clear plan is necessary. Understanding one's psychology and the relationship with market interaction is a key factor for success.