Bitcoin rally: Book partial profits, full exit unnecessary unless needed
Last Update Date: 06-10-2026
Published by Business Standard
Abhishek Kumar's role: Quoted
Abhishek Kumar said crypto investors should ideally plan to stay invested for five years or more and put in only money they can afford to lose. He also suggested weighing risk against reward before entering, given the volatility.
More of Abhishek's views on money management
The article looks at a sharp rise in the price of Bitcoin after the US election and asks whether new investors can still enter and whether existing holders should sell. It sets out what may drive or end the rally, including regulatory risk, and notes the 30 per cent tax, the lack of a regulator and the asset's volatility.
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Bitcoin rally: Book partial profits, full exit unnecessary unless needed