Buy the DIP, and HODL!

[Pi-network314159]

Having multiple sources of income is good to make available more discretionary income that we can use to invest into Bitcoin. However even the funds from the multiple sources aren't managed properly by being as aggressive as possible without overdoing it and building out our emergency fund and other variances of backup funds in the process of accumulating Bitcoin, our portfolio still has the rights of being tempered regardless of our multiple sources of income.

The purpose of having multiple sources of income is so that you can enough income streams by the end or before the month.

The porpose of having multiple sources of income is not only to have money at the end of the month, but to have a fund that will be able to withstand or handle multiple expenses at once and be capable to solve them without taken loan elsewhere or having to sell your Bitcoin to settle issue. That is the way I can describe my own reasons for having multiple sources of income. And this income has no specific which means it doesn't have time week or month it will come. Some may be an annual  generated source of income or could be weekly, but the main priority or goal is to have a well balance financial system to avoid being sloppy in times of Bitcoin investment approach and also avoid unforseen circumstances that may consume us. But with the help of multiple sources of income, it will help to sort this things out without having a second thought of looking for where to source out fund.

For someone not to manage enough income stream, it is possible that no matter the amount he has in life he wont be able to managed them properly. Most investors find themselves in a position where other investors wish to have.

Just like they said, don't dispise the days of your little begining, if little finance can't be managed properly, it is possible that bigger finance can as well not be manage properly too. And that is a financial mistake that every investor must avoid.

[ejikeme24]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

[JayJuanGee]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

It's a wrong practice to sell all the bitcoin that you have accumulated over a long period of time to start up a fiat business that's prone to inflation. Infact, I will say that it's one of the dumbest thing for anyone to do because you bitcoin investment alone will generate bigger and bigger profits in future if you keep on holding it and safe yourself the stress of starting up any business due to the compounding effect of your bitcoin portfolio.

I don't think that there's is any business currently, that can give you the percentage of profits that bitcoin can give to you in one circle if you invest into bitcoin with the same amount of money that you use to set up that business. It's good to have many streams of income but don't sell the most profitable one in order to set up a low profitable business all in the name of having many streams of income. I prefer to have only one strong  stream of income than two or more which isn't up to my one strong stream of income.

When you have reached your over accumulation stage, you can use the sustainable withdrawal method to tap profit from your bitcoin portfolio because that will keep your bitcoin portfolio in generating more profit because you are with you are withdrawing is very small compared to the compounding value.

Young people generally have to figure out how to earn income in order to be able to invest in bitcoin or anything else (and also to be able to continue to hold onto their bitcoin investment and/or to build it), so sometimes they are left with tough choices in figuring out how to earn income, whether to work for someone else or to engage in some form of their own business that might result in their getting more income than if they had worked for someone else.  The answer is not clear and some kinds of businesses are more capital intense than others.

It is not automatic that bitcoin is going to earn more money than figuring out some way to get an income so that expenses can be paid than so that bitcoin can be bought with the excess money. Bitcoin does not generate money in and of itself until it is built up (and even held for a significant time) so that it is large enough to start to be in a place that it can start to be withdrawn from.   

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

[abaeze]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

Many times it is seen that there is everything to invest or do business, but due to the right planning and mindset, both the investment and the business are ruined. Starting a new business is not bad, but selling Bitcoin should not be done for all businesses. One thing to understand very well is that holding Bitcoin for a long time will not make anyone reach the overaccumulation stage, which is not true. Many times, due to income uncertainty and poor financial planning, many cannot reach there. Therefore, selling 5% to 10% is only logical when that level can really be reached. Therefore, the right planning and mindset make the difference between success and failure.

[Sonia_123]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

Many times it is seen that there is everything to invest or do business, but due to the right planning and mindset, both the investment and the business are ruined. Starting a new business is not bad, but selling Bitcoin should not be done for all businesses. One thing to understand very well is that holding Bitcoin for a long time will not make anyone reach the overaccumulation stage, which is not true. Many times, due to income uncertainty and poor financial planning, many cannot reach there. Therefore, selling 5% to 10% is only logical when that level can really be reached. Therefore, the right planning and mindset make the difference between success and failure.

It seems you look a bit confused here in your explanation or am I not getting it right, because if you have a good plan or minds in your business and investment, it can't be ruined , it only gets ruined when necessary plans and measures are not put in place or you don't even really understand what you are going into and starting a new business with no direction will be the biggest mistake you would have made because you will achieve nothing
, and brining such idea into bitcoin by buying today and selling tomorrow tomorrow will lead your investment in bitcoin to nowhere but just crashing at the beginning of your Investment.

It is not advice able to sell off or part of your bitcoin for any type of business you are into instead, look for another source of income to grow your business, you can involve yourself in a daily pay job for just a short period of time just to balance your business up instead of selling part of your bitcoin investment 5%-10% in other to stabilize or setup you business, I bet you that earnings you received from that short period job can't be compared to selling 5%-10% of your income, it will be far lower than bitcoin, then why not keep hodl for long term than selling off. Remember bitcoin is a long term investment for 2-3 cycles or more not a short term used in solving monthly expenses .
To be successful in life, you need to be serious in whatever you do and anywhere you find yourself .

[Grace333]

Different uncertain circumstances can hinder one from having numerous source of income but if one is in a better situation whereby they're fit or healthy enough to have numerous source of income then the better for such folks cause more source of income means more discretionary for investment and more funds to take care of other expenses too and more discretionary means a higher rate of accumulation to yield more profits, that's why when an investor has held for so many years, many about a decade or so it would be wise for the person to take some profits and create another source of income, maybe a business that would generate more income and discretionary to accumulate more Bitcoin and add value to their portfolio.

Earning money from multiple places is great idea if you are healthy enough to do so. More income means more money for you to invest and cover your expenses. This helps you build your wealth faster. If investor has held asset for a very long time like ten years it can be smart choice to sell portion of it. They can then use that money to start new business. This new business can become another source of income providing even more funds to invest and grow their portfolio.

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Yeah, I would not really advise selling all your Bitcoin just to start up a business. It is way too risky because you’re basically putting everything on one side and leaving nothing behind..  Business is unpredictable too, you can get it right, but you can also fail and end up with nothing to fall back on.

For me it makes more sense to keep your Bitcoin stack running in the background and only use what you can afford to risk for a business or new investment. That way, even if the business does not work out, you still have your Bitcoin holding you steady for the long term…

[Tamaperdana]

Young people generally have to figure out how to earn income in order to be able to invest in bitcoin or anything else (and also to be able to continue to hold onto their bitcoin investment and/or to build it), so sometimes they are left with tough choices in figuring out how to earn income, whether to work for someone else or to engage in some form of their own business that might result in their getting more income than if they had worked for someone else.  The answer is not clear and some kinds of businesses are more capital intense than others.

....

It's true that young people do need to earn money first to invest in an asset like Bitcoin, and for some, that's certainly not easy. Especially for young people who aren't completely dependent on their parents, this certainly makes it even more difficult for them to make a decision. As you said, young people who may have just graduated from college are faced with several options for earning money: working for someone else or starting their own business. I think if I had to choose between those two options, I would definitely consider my personal financial situation and my skills. Basically, if I really didn't have enough money to start a business, I would probably work for someone else first.

I don't think there's any other option. So, maybe once I have a job and a salary, that's where I might start investing in Bitcoin (if I have discretionary funds). Sometimes, for young people who are truly independent, it's very difficult to have discretionary funds, especially if their salary is small and their needs are much greater. So at that point, I think it's better to find a job first, gain experience, and investing in bitcoin when you have discretionary funds. Because basically, to start a business you need mature knowledge and strong capital.

[Gost ms]

It's true that young people do need to earn money first to invest in an asset like Bitcoin, and for some, that's certainly not easy. Especially for young people who aren't completely dependent on their parents, this certainly makes it even more difficult for them to make a decision. As you said, young people who may have just graduated from college are faced with several options for earning money: working for someone else or starting their own business. I think if I had to choose between those two options, I would definitely consider my personal financial situation and my skills. Basically, if I really didn't have enough money to start a business, I would probably work for someone else first.

I don't think there's any other option. So, maybe once I have a job and a salary, that's where I might start investing in Bitcoin (if I have discretionary funds). Sometimes, for young people who are truly independent, it's very difficult to have discretionary funds, especially if their salary is small and their needs are much greater. So at that point, I think it's better to find a job first, gain experience, and investing in bitcoin when you have discretionary funds. Because basically, to start a business you need mature knowledge and strong capital.

No one ever has discretionary funds or income. A person has to find discretionary income through proper financial management. We don't need a job or a business to invest. What we need to invest is a source of discretionary income. If you have a job, if you spend all the money from your salary, then how will you invest? If you can reduce your extra expenses and find discretionary income through proper financial management, then your investment will be good.

If you invest with the money you need, you may not be able to hold your investment for a long time. Because when you invest with emergency money, if you need that amount of money, you will have to sell your holdings. And invest with money that you don't need

[Sticky Bomb]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

Where did you get this whack strategy from?  It's important you don't sell your Bitcoin within your accumulation phase. It doesn't make sense and it would be dragging you behind and reducing your success rate at reaching your accumulation target ASAP.

If you continue targeting the price increase and shaving profits of your portfolio as an investor still within your accumulation journey, then you're the same as a trader since you've the short-term profit taking mentality and this isn't good for your portfolio and on the long-run you may see clearly that you've succeeded in selling much BTC too soon because you had your focus on the wrong criteria for profitability which should be having more quantities and holding for a long-term instead of going for short term profits.

[Mr_Brilliant$]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

It's a wrong practice to sell all the bitcoin that you have accumulated over a long period of time to start up a fiat business that's prone to inflation. Infact, I will say that it's one of the dumbest thing for anyone to do because you bitcoin investment alone will generate bigger and bigger profits in future if you keep on holding it and safe yourself the stress of starting up any business due to the compounding effect of your bitcoin portfolio.

I don't think that there's is any business currently, that can give you the percentage of profits that bitcoin can give to you in one circle if you invest into bitcoin with the same amount of money that you use to set up that business. It's good to have many streams of income but don't sell the most profitable one in order to set up a low profitable business all in the name of having many streams of income. I prefer to have only one strong  stream of income than two or more which isn't up to my one strong stream of income.

When you have reached your over accumulation stage, you can use the sustainable withdrawal method to tap profit from your bitcoin portfolio because that will keep your bitcoin portfolio in generating more profit because you are with you are withdrawing is very small compared to the compounding value.

Young people generally have to figure out how to earn income in order to be able to invest in bitcoin or anything else (and also to be able to continue to hold onto their bitcoin investment and/or to build it), so sometimes they are left with tough choices in figuring out how to earn income, whether to work for someone else or to engage in some form of their own business that might result in their getting more income than if they had worked for someone else.  The answer is not clear and some kinds of businesses are more capital intense than others.

From my own view, I have come to realize it is never really easy when it comes to deciding between working for someone or starting something on your own. I have actually tried both in small ways, and the truth is, yes a job gives you structure and at least some level of stability, but the issue is that I t also boxes you in, you know what to expect at the end of the month, and that is both a blessing and a limitation, and the quality of that pay depends on both the quality and location of the job… When I venture into something personal, that was when I understood that while the potential upside was bigger, the stress and uncertainty were also on another level entirely… You will face days where nothing goes as planned, and it takes a different kind of discipline to keep pushing when the returns are not immediate… That’s why I always feel like young people should not rush to choose one side completely, it still depends on each person situation though, some person are definitely more privileged than other, talking about regions where he/she lives, some regions pay way higher than other.. sometimes holding a job while experimenting with your own business if the job would permit is a good balance as well until you find what really works for you…

For me, I would say that it’s better  to build income streams around what you already know or can learn quickly, whether it’s digital work, freelancing, or even partnerships, and then channel those earnings into bitcoin stacking.. The key is not rushing, because the small, consistent actions compound..

[Umulala-alala]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

Those that are selling out their bitcoin when they have not gotten any were in their accumulation process can not be called investors but traders. Buying and selling of bitcoin are the practice of traders and you are sounding as one of them here, as an investor who has not gotten to their accumulation stage or who just started buying bitcoin shouldn't think of selling their bitcoin instead they should keep buying and holding until they have gotten to their target this should be their only focus, and sell little and still keep buying and hodl when they have gotten to their over accumulation stage .

[Sonia_123]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

It's a wrong practice to sell all the bitcoin that you have accumulated over a long period of time to start up a fiat business that's prone to inflation. Infact, I will say that it's one of the dumbest thing for anyone to do because you bitcoin investment alone will generate bigger and bigger profits in future if you keep on holding it and safe yourself the stress of starting up any business due to the compounding effect of your bitcoin portfolio.

I don't think that there's is any business currently, that can give you the percentage of profits that bitcoin can give to you in one circle if you invest into bitcoin with the same amount of money that you use to set up that business. It's good to have many streams of income but don't sell the most profitable one in order to set up a low profitable business all in the name of having many streams of income. I prefer to have only one strong  stream of income than two or more which isn't up to my one strong stream of income.

When you have reached your over accumulation stage, you can use the sustainable withdrawal method to tap profit from your bitcoin portfolio because that will keep your bitcoin portfolio in generating more profit because you are with you are withdrawing is very small compared to the compounding value.

Young people generally have to figure out how to earn income in order to be able to invest in bitcoin or anything else (and also to be able to continue to hold onto their bitcoin investment and/or to build it), so sometimes they are left with tough choices in figuring out how to earn income, whether to work for someone else or to engage in some form of their own business that might result in their getting more income than if they had worked for someone else.  The answer is not clear and some kinds of businesses are more capital intense than others.

From my own view, I have come to realize it is never really easy when it comes to deciding between working for someone or starting something on your own. I have actually tried both in small ways, and the truth is, yes a job gives you structure and at least some level of stability, but the issue is that I t also boxes you in, you know what to expect at the end of the month, and that is both a blessing and a limitation, and the quality of that pay depends on both the quality and location of the job… When I venture into something personal, that was when I understood that while the potential upside was bigger, the stress and uncertainty were also on another level entirely… You will face days where nothing goes as planned, and it takes a different kind of discipline to keep pushing when the returns are not immediate… That’s why I always feel like young people should not rush to choose one side completely, it still depends on each person situation though, some person are definitely more privileged than other, talking about regions where he/she lives, some regions pay way higher than other.. sometimes holding a job while experimenting with your own business if the job would permit is a good balance as well until you find what really works for you…

For me, I would say that it’s better  to build income streams around what you already know or can learn quickly, whether it’s digital work, freelancing, or even partnerships, and then channel those earnings into bitcoin stacking.. The key is not rushing, because the small, consistent actions compound..

Instead of waiting to building your income to grow, why not divert that income building to investment building because time waits for no man, the earlier you start investing the better for you, you don't need to have a large income before you will figure out you discretionary income, no matter how little it is ,that is why the dca strategy is there for you to adopt dca allows you not to rush in investing, it gives you the previlege of investment little by little as you wish such as daily, weekly or even monthly, that his how low dca is,it doesn't stress anyone, life is all about determination and risk , you don't need to be financially comfortable if you really want to be a bitcoin investor, you start small and grow big as long as you are getting means of income, a person that is willing to invest in bitcoin no matter how little he has, because he wants to come out of low financial challenge, will must have succeeded in investment for a long term more and become more wealthier after getting to his over accumulation because he started long ago before someone waiting to have alot of income before starting his investment journey

[Xcode7]

Different uncertain circumstances can hinder one from having numerous source of income but if one is in a better situation whereby they're fit or healthy enough to have numerous source of income then the better for such folks cause more source of income means more discretionary for investment and more funds to take care of other expenses too and more discretionary means a higher rate of accumulation to yield more profits, that's why when an investor has held for so many years, many about a decade or so it would be wise for the person to take some profits and create another source of income, maybe a business that would generate more income and discretionary to accumulate more Bitcoin and add value to their portfolio.

Earning money from multiple places is great idea if you are healthy enough to do so. More income means more money for you to invest and cover your expenses. This helps you build your wealth faster. If investor has held asset for a very long time like ten years it can be smart choice to sell portion of it. They can then use that money to start new business. This new business can become another source of income providing even more funds to invest and grow their portfolio.

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Yeah, I would not really advise selling all your Bitcoin just to start up a business. It is way too risky because you’re basically putting everything on one side and leaving nothing behind..  Business is unpredictable too, you can get it right, but you can also fail and end up with nothing to fall back on.

For me it makes more sense to keep your Bitcoin stack running in the background and only use what you can afford to risk for a business or new investment. That way, even if the business does not work out, you still have your Bitcoin holding you steady for the long term…

That's excellent advice, and I'd even say we should forget about any usefulness of Bitcoin ownership and let the investment continue until the future or at a time we've determined to profit, but that's definitely for the long term.

I've considered starting a business using the profits I've earned from my investments, but the risks in business can also destroy everything. Indeed, our current investment in Bitcoin has been quite profitable. Rather than stopping the profits we've been earning for so long, it's better to continue and persevere to earn profits. I think that's much better and easier.

[Alonso_]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

I think someone who would sell all his bitcoin assets is really not an investor, but someone who is only interested in quick profit, even if you have gotten to your goals of buying and accumulating bitcoin it’s more important that we should take our profits that is only maybe if I have gotten to my years of over accumulation, that is quite understandable, but taking all my profit and selling all my bitcoins, hell no I can’t even think of doing that after all my years of working and buying and stacking bitcoin, it might  be very hard to start all over again considering how much time and money that have been invested, that would be a financial disaster selling all my Bitcoin assets.

[arwin100]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

I think someone who would sell all his bitcoin assets is really not an investor, but someone who is only interested in quick profit, even if you have gotten to your goals of buying and accumulating bitcoin it’s more important that we should take our profits that is only maybe if I have gotten to my years of over accumulation, that is quite understandable, but taking all my profit and selling all my bitcoins, hell no I can’t even think of doing that after all my years of working and buying and stacking bitcoin, it might  be very hard to start all over again considering how much time and money that have been invested, that would be a financial disaster selling all my Bitcoin assets.

So what's your purpose on investing if you don't have plan to sell? taking profit is actually not bad if you are in over accumulation stage or already in 5 - 10 years of investing on Bitcoin. But you should not sell everything since somehow there still more great things will happen on Bitcoin.

But if your plan is for retirement then there's nothing wrong with that, as long as you know the future consequences of the decision you have done and make sure you have back up funds so that if something bad happen on Bitcoin you will not became an old broke and doesn't have anything left to sustain your daily living.

[Barikui1]

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

I think someone who would sell all his bitcoin assets is really not an investor, but someone who is only interested in quick profit, even if you have gotten to your goals of buying and accumulating bitcoin it’s more important that we should take our profits that is only maybe if I have gotten to my years of over accumulation, that is quite understandable, but taking all my profit and selling all my bitcoins, hell no I can’t even think of doing that after all my years of working and buying and stacking bitcoin, it might  be very hard to start all over again considering how much time and money that have been invested, that would be a financial disaster selling all my Bitcoin assets.

You are actually right and I think we both share the same sentiment bro, it's never a good act selling off all your holdings and going back to the status of a no coiner, and it's even more unwise to sell off your holdings when you have not gotten to the end of your accumulation journey. Once you have not gotten to that over accumulation status, your goal should be focusing all your attention of getting to that over accumulation status not thinking to sell or take profit, so it's only when you have gotten there, that you will start thinking on how long you will hold more before taking profit, but selling everything off and become a no coiner overnight is a terrible decision making an investor will ever make.

[kanftka]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

Those that are selling out their bitcoin when they have not gotten any were in their accumulation process can not be called investors but traders. Buying and selling of bitcoin are the practice of traders and you are sounding as one of them here, as an investor who has not gotten to their accumulation stage or who just started buying bitcoin shouldn't think of selling their bitcoin instead they should keep buying and holding until they have gotten to their target this should be their only focus, and sell little and still keep buying and hodl when they have gotten to their over accumulation stage .

Thats true, because there’s really a thin line between someone who’s investing and someone who’s just trading for the short term… The problem is that a lot people enter Bitcoin without really knowing what they want to be, they say they are investor sentiment, but the moment the price jumps 10% they start looking for exit buttons. That mindset is not investment, it is pure reaction to the market, and it usually ends with them losing their long term conviction. Real accumulation takes patience and a bit of stubbornness, because if you keep thinking of selling before you even build a decent position, you will just keep running in circles.
An investor in Bitcoin should focus on stacking steadily, ignoring all the noise until they hit that level they can confidently call their own foundation. That is when the real decisions about scaling out or diversifying come in, not during the early stages at all..

[asarfiar]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

I think someone who would sell all his bitcoin assets is really not an investor, but someone who is only interested in quick profit, even if you have gotten to your goals of buying and accumulating bitcoin it’s more important that we should take our profits that is only maybe if I have gotten to my years of over accumulation, that is quite understandable, but taking all my profit and selling all my bitcoins, hell no I can’t even think of doing that after all my years of working and buying and stacking bitcoin, it might  be very hard to start all over again considering how much time and money that have been invested, that would be a financial disaster selling all my Bitcoin assets.

Of course I also think that Bitcoin will not be good for the investor in the short term. A real investor can never make such a decision. I think that for an investor, it is necessary to continue investing in such a way, it must be for 5-10 years. One more thing you can do is to practice knowledge about Bitcoin well and have a self-restraint attitude in investing in Bitcoin.

If you sell all your Bitcoins, where is your achievement, if you do this or have decided to do this, then I think you have lost the share of this forum. You have to manage your investment in such a way that you cannot decide to sell under any circumstances. Continue for a long time and be patient and you will see good results.

[Taskford]

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

I think someone who would sell all his bitcoin assets is really not an investor, but someone who is only interested in quick profit, even if you have gotten to your goals of buying and accumulating bitcoin it’s more important that we should take our profits that is only maybe if I have gotten to my years of over accumulation, that is quite understandable, but taking all my profit and selling all my bitcoins, hell no I can’t even think of doing that after all my years of working and buying and stacking bitcoin, it might  be very hard to start all over again considering how much time and money that have been invested, that would be a financial disaster selling all my Bitcoin assets.

Of course I also think that Bitcoin will not be good for the investor in the short term. A real investor can never make such a decision. I think that for an investor, it is necessary to continue investing in such a way, it must be for 5-10 years. One more thing you can do is to practice knowledge about Bitcoin well and have a self-restraint attitude in investing in Bitcoin.

If you sell all your Bitcoins, where is your achievement, if you do this or have decided to do this, then I think you have lost the share of this forum. You have to manage your investment in such a way that you cannot decide to sell under any circumstances. Continue for a long time and be patient and you will see good results.

I agree to what has been said by Michael Saylor in this article https://hodlfm.com/bitcoin/bitcoin-investment/ that you can possibly get profits from Bitcoin if you HODL it for four years or more.

Because that 1 year cycle on Bitcoin which there are great movements will happen. If they go short term then there's huge chances that they get expose on more volatile situation which might result for losing their money. So we should choose the recommended timeline and we should not go under of it since its really risky if they aim to earn quick profit on Bitcoin since maybe they won't get those things that they want especially that Bitcoin doesn't move like shitcoins.

[MusaPk]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin.