U wanna get out 2 weeks early rather than 1 second late.
Take profits and invest in an undervalued asset class like precious metals instead. U don't have to panic sell but because of the of bitcoin it's rather better to sell early than later. If you hold a lot of bitcoins perhaps save a few for "the gamble", this market is 100% emotionally driven so you have some % of being able to pay the lottery still.
Already the 2 biggest bubble in history only trailing the tulpitmania bubble of sixteen hundreds judging in terms of % growth.
It's a bubble because of the scarcity only coming from expensive transactions.. IOTA or even BCH unfortunately shows that the mining aspect to energy ratio of processing transactions is really not an argument for a bigger price. There are not alternatives to gold in terms of precious metals.. There is silver , platinum etc.. but they are much different both in terms of availability and what function they serve and could serve in the future.
The number of different Cryptos went crazy and the notion that something can have only speculative value falls apart if there is more than just a few alternatives to choose from that performs the same function but for the fraction of the price.
Bitcoin would work if there was only bitcoin , unfortunately the banking cartel knew this and has been pushing for the hundreds of different of ico's that's popped up. They are using Bitcoin etc as the useful idiot to introduce humanity to the cashless society where they plan to force the people to spend their money by being able to go below 0 interest rate wise --> charge u to hold money --> u must spend it. All fiat dollars held abroad will be worth nothing --> that their debt won't matter anymore.
If you honestly doesn't see this yet, research AI, Sophia, Singularitynet, Peter Thiel, Satoshi connection to CIA/NSA blockchain papers 1996, IMF 2011 plan for cashless society where the citizens themselves brings about the change willingly, the beast system, image of the beast, antichrist, new world order, depopulation agenda, one world currency, Rothschilds, economist magazine cover 1980, bilderberg group, history of gold , how the central banks privately owned has spread since the beginning through wars etc..
U don't have to believe me, do your own research as i said. Reality will speak for itself in 3 years time
Dollar has been devalued 97+% and you know that bitcoin as well as all other cryptos are valued in terms of dollars right? In Zimbabwee u need 100000000000000... to buy a loaf of bread.. Now is 8k usd bitcoin much when taken into account that dollar is soon dead, following the same fate as more than 400 other currencies..
Its a wealth transfer mechanism, that stretches back hundreds, thousands of years..
I'm not sure I can teach you any more than you can teach me, just throwing out the only few indicators we have to work with.
In my opinion, the early adopters have held most of their btc. Split some off into the various alts and lived pretty comfy with the rest. The geek mindset has perhaps changed from btc is king to bring on dapps. We're in a revolution, the banks have never started one that I know of. Bank money will likely make things extremely volatile for a little bit. meanwhile we still have the "dumb money" to pour in, which nobody knows when that stops.
My advice, don't compare btc to anything except previous btc events because... there has never been anything like it.It is beautiul that we've hit these highs because now we have something to compare crypto's to and it is no longer inconceivable that an on-line currency can be worth a solid 5 figures.
If you got in early, keep a good stash of btc aside, it might be worth a fortune, it might be devalued but crypto's and blockchain are here to stay. Hopefully you got in early. Have pulled out your initial investment (+ some), hold a nice stash of both btc and alts.
Wish you all the best in your ventures, let me know if you have any non speculative questions or want to bounce ideas, we're obviously of different mindsets and that is the best way to learn..
Just a friendly note - mine was the only unloaded non aggressive inquiry you actually got - I only asked a question in case you had some valuable insight - wading in with 'well you try this then' and 'Daddy's bank did this or that with millions of dollars' is probably not the path to the respect that you seek.