I don’t know when it will end. I just know that the general consensus is around September. My advice is simple: sell before that. Yes, you might not sell at the peak. But it is better to take home profit then wait for the zenith of this bull market, realise you missed it because greed made you wait even longer and you see your holdings evaporate in the weeks after, as you still hold onto them hoping the crash will bounce back up - and you make yourself promise to really sell this time around. But we all know greed will take over again and the same mistake will be made… again.**
So, best is to set solid target, don’t get greedy and sell. If it goes up higher, don’t fret, you still made (good) profit. If it goes down, excellent for you as you sit safely on your money like Scrooge McDuck swims in his. So, I personally, will be selling before the bullmarket ends. Just to lock in pofits and not get hurt by greediness.
When massive dips occur, I will be buying again. Rinse… and repeat!
Long term of course it is fine to hold and go through dips if you don’t want to actively monitor your money and sell and buy. Then just buy, delete the app and come back in 5 years, you will most likely be richer than you were before with what you are holding.
I love Elon Musk. I love his sci-fi name, I love that he is South African, I love he is a geek, I love he tweets about dogecon and that dogecoin did a 10x till now, I love the man’s passion for tech and innovation. I listen to him talk on Joe Rogan podcast and in other interviews and I think he sounds very reasonable. Yes, at times he is a troll. But, why not. I admire that too in him.
He might be a an asshole in private, towards his colleagues, I don’t know. But, I do think he got his heart in the right place and has got flaws like any one of us.