A lot of people think the challenge is calling the top.
Usually it is not.
The real failure happens later:
\- You sell too little because you want one more leg up.
\- You round-trip a life-changing gain because you never defined what enough looked like.
For those selling large positions:
\- You realize your source of funds / wealth AML documentation is weak.
\- You discover your bank is far less “crypto friendly” than their marketing / RM suggested.
Good entry. No exit architecture or plan.
That is how some people fumble life-changing gains.
My view has always been simple:
if BTC & the crypto market gives you a zone where trimming, de-risking, and preparing the off-ramp makes sense, use it. I was pushing diversification when BTC was at 100-120k, not "sell everything" just taking some chips off the table.
So, what is your actual exit plan?