JJG’s Outline of Bitcoin Investment Ideas

[BluebloodCXVI]

Even if you do everything right and you even have an investment timeline that is 10-15 years or longer, you are not guaranteed to have success (or to be in a better position for having had invested into bitcoin as compared with if you had not).

There are plenty of guys who consider bitcoin to be an asymmetric bet to the upside and perhaps amongst the best of investments (if not the best investment), so they can recognize that as long as they do not leverage the most they could lose is 100% of what they put in, yet they can also structure their own discretionary funds in such a way that allows them to invest as much as they are able to invest into bitcoin without over doing it (in other words in an aggressive way), and yeah, they can monitor their bitcoin investment as it goes and continue to consider whether or not bitcoin's investment thesis is getting weaker, stronger or staying the same with the passage of time.

I’ll continue to say this, the bitcoin market doesn’t owe anybody any special treatment or favorable outcome. An investor can only do their best by managing risks wisely and staying disciplined but at the end of the day, the market will always do what it wants to do regardless of any person’s expectations.

Yea, you are right that the market will always do whatever it want to do, but am a bit curious on how you as an investor manages your risk?
Because aside investing with what you can afford to lose, like your discretionary income, so that you wouldn't be too emotionally attached to your Bitcoin investment, I don't think their is any better way to manages your risk while investing in Bitcoin.
Additionally, for your to be successful in what ever endeavor you found yourself, you need to be disciplined, so it's not just in Bitcoin investment that discipline is greatly needed.

I put it to you chief, risk management for a long term investor is not just only about putting in what they can afford to lose, that’s just a good starting point but it doesn’t end there.
There’s also how you enter the market, how consistent you are, whether you keep some liquidity on the side, how you deal with FOMO and also your general behavior when things get volatile. All these things I mentioned are also part of risk management for a long term investor.
At the end of the day, two people can invest the same affordable amount into their portfolio but how they move and react in the market is really what separates who’s managing risk well and who’s hoping for the best.

[Odohu]

Yea, you are right that the market will always do whatever it want to do, but am a bit curious on how you as an investor manages your risk?
Because aside investing with what you can afford to lose, like your discretionary income, so that you wouldn't be too emotionally attached to your Bitcoin investment, I don't think their is any better way to manages your risk while investing in Bitcoin.
Additionally, for your to be successful in what ever endeavor you found yourself, you need to be disciplined, so it's not just in Bitcoin investment that discipline is greatly needed.

I don't feel comfortable with statement like this that encourage people to nurse the idea that they will lose their money in Bitcoin investment, such statement makes investing in Bitcoin look like investing in shitcoins. I also want to correct the impression that the discretionary income is not what an individual can afford to lose, it is just the money left when you have removed the money for basic needs. If you lose all your discretionary income, you will quickly slide into depression because that is something significant. Remember that any long term investor in Bitcoin is investing cumulatively which means that part of his discretionary income is being injected into Bitcoin and over time it would have grown into something significant, hence no one will be willing to lose such precious portfolio.

I understand that there is risk in every investment but the reason Bitcoin is highly recommended over shitcoins is that it has lower risk, hence the chances of an investor losing everything through Bitcoin is very slim that is if it even exist. The right word should be that an investor must invest what he can afford to hold for long, I think this statement will encourage newer investor more than telling them to invest what they can afford to lose as if it were gambling.

[Grease5000]

Yea, you are right that the market will always do whatever it want to do, but am a bit curious on how you as an investor manages your risk?
Because aside investing with what you can afford to lose, like your discretionary income, so that you wouldn't be too emotionally attached to your Bitcoin investment, I don't think their is any better way to manages your risk while investing in Bitcoin.
Additionally, for your to be successful in what ever endeavor you found yourself, you need to be disciplined, so it's not just in Bitcoin investment that discipline is greatly needed.

I don't feel comfortable with statement like this that encourage people to nurse the idea that they will lose their money in Bitcoin investment, such statement makes investing in Bitcoin look like investing in shitcoins. I also want to correct the impression that the discretionary income is not what an individual can afford to lose, it is just the money left when you have removed the money for basic needs. If you lose all your discretionary income, you will quickly slide into depression because that is something significant. Remember that any long term investor in Bitcoin is investing cumulatively which means that part of his discretionary income is being injected into Bitcoin and over time it would have grown into something significant, hence no one will be willing to lose such precious portfolio.

I understand that there is risk in every investment but the reason Bitcoin is highly recommended over shitcoins is that it has lower risk, hence the chances of an investor losing everything through Bitcoin is very slim that is if it even exist. The right word should be that an investor must invest what he can afford to hold for long, I think this statement will encourage newer investor more than telling them to invest what they can afford to lose as if it were gambling.

You’re definitely right that discipline is universal—it’s not just a Bitcoin thing, it’s a life and investing thing in general. Without it, even the best strategy falls apart. That said, I’d slightly push back on the idea that “there’s no better way” to manage risk beyond just investing what you can afford to lose. That’s the foundation, yes—but it’s not the full strategy.  For me, risk management is layered. I rely on consistency over timing—something like DCA helps reduce the risk of entering at the wrong time, especially in such a volatile market. And finally, emotional control is huge. Most losses don’t come from bad assets, but from bad reactions—panic selling dips or chasing hype at the top.

So I agree with you on discipline being the backbone, but I see risk management as a combination of structure + behavior, not just one rule.

[Fauderz]

I’ll continue to say this, the bitcoin market doesn’t owe anybody any special treatment or favorable outcome. An investor can only do their best by managing risks wisely and staying disciplined but at the end of the day, the market will always do what it wants to do regardless of any person’s expectations.

I agree, we have no control of the market but we can control the risk we take and the money that we're spending to invest. As others might say that the price is still expensive, that's how they look at the market currently. But if someone become successful by investing in Bitcoin consistently, that's because they chose the moments they have to invest when they can't and yet did it still while the others kept complaining.

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

[Silikiem]

Even if you do everything right and you even have an investment timeline that is 10-15 years or longer, you are not guaranteed to have success (or to be in a better position for having had invested into bitcoin as compared with if you had not).

There are plenty of guys who consider bitcoin to be an asymmetric bet to the upside and perhaps amongst the best of investments (if not the best investment), so they can recognize that as long as they do not leverage the most they could lose is 100% of what they put in, yet they can also structure their own discretionary funds in such a way that allows them to invest as much as they are able to invest into bitcoin without over doing it (in other words in an aggressive way), and yeah, they can monitor their bitcoin investment as it goes and continue to consider whether or not bitcoin's investment thesis is getting weaker, stronger or staying the same with the passage of time.

I’ll continue to say this, the bitcoin market doesn’t owe anybody any special treatment or favorable outcome. An investor can only do their best by managing risks wisely and staying disciplined but at the end of the day, the market will always do what it wants to do regardless of any person’s expectations.

Yea, you are right that the market will always do whatever it want to do, but am a bit curious on how you as an investor manages your risk?
Because aside investing with what you can afford to lose, like your discretionary income, so that you wouldn't be too emotionally attached to your Bitcoin investment, I don't think their is any better way to manages your risk while investing in Bitcoin.
Additionally, for your to be successful in what ever endeavor you found yourself, you need to be disciplined, so it's not just in Bitcoin investment that discipline is greatly needed.

The risk in question is as a result the the high volatility of Bitcoin right,
So what does the DCA does as a buying strategy?
The DCA helps investors to manage, mitigate or reduce the impact of the risk associated In bitcoin volatility by allowing investors to, instead of buying in large quantities or amounts, they can now spread out their accumulation of bitcoin over time, weeks or months with a certain amount of discretionary income available to them at their disposal especially after  they might have finished sorting out their basic financial needs. The DCA method buying patterns is a risk management pattern in bitcoin investment for investors and they can buy at any market price.

[alankasman]

I provide a suggested range, but I have no fucking clue what any particular person is ready, willing and able to put into bitcoin.. so they have to figure it out within both their own discretionary funds (their ability) and their level of chosen aggressiveness within their abilities.

Of course it's normal for all of us to express opinions so this doesn't mean you're wrong. But we're discussing the direction that could benefit them (all parties) in investing in Bitcoin. So when they do there's a way to determine the direction their abilities are in accordance with what they want before starting and also understand what they think based on their level of aggressiveness through their abilities after choosing.

I already mentioned several times that many normal people with reasonably strong incomes, they still struggle to consistently invest/save 10% of their income... so yeah, some guys are able to do more and other guys cannot even get close to that 10% amount. 

I think this still happens in many circles and I wonder why those with strong incomes still choose not to invest or struggle with their small amounts in Bitcoin. Do they just not want it enough or what is the problem?

In fact if they do as you said earlier with just 10% of the results they get from their brand-free income of course this is one way that should actually be done by those who have sufficient/strong income because they only remind others who can while those with income as we said earlier of course they can do more than 10% towards saving for their future because if other people sometimes have limited income so it is impossible for them to do like people who have a stable source of income and even if they do it with an amount below people who have a stable income meaning if other people 10% they can only do 5% according to the income they have but behind all of these things is consistency that will determine our steps or goals in investing/saving.

We cannot necessarily judge each person as if they were equal in their capabilities, yet sometimes we can choose guys who have similar income, similar incomes, yet one might choose to invest in bitcoin whimpily and the other might choose to invest aggressively.  Those are personal choices.

Of course it is clear that every person must have their own goals or abilities so that at the same time both people have their own way to do anything that can benefit themselves so that for the reasons that you said is certainly very appropriate sometimes between the two people there are those who choose to make investments while the other one sometimes prefers to do their own desires meaning what we need to convey is that we will not be able to force others to do the way we do sometimes someone does not like the aggressive nature that we do according to other people it is not appropriate to do the way that is done by people who are too aggressive in every time they do what they do so the choice is all based on our own decisions.

[G_Besar]

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Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

What you said only applies to new investors who don't yet have much Bitcoin in their wallets, so their focus and consistency should be on buying without worrying about the current price. Meanwhile, for investors who already have more Bitcoin in their personal wallets, I think it's also very important to monitor the market price, even if they still plan to buy more Bitcoin at the current price to continue their long-term investment. This means every investor must be smart enough to position themselves in such situations to avoid thwarting their plans and actions. Those who already have more Bitcoin from past purchases will naturally also have a plan to take profits at the current price, even if they don't sell it all at once.

[Olatundespo]

I’ll continue to say this, the bitcoin market doesn’t owe anybody any special treatment or favorable outcome. An investor can only do their best by managing risks wisely and staying disciplined but at the end of the day, the market will always do what it wants to do regardless of any person’s expectations.

I agree, we have no control of the market but we can control the risk we take and the money that we're spending to invest. As others might say that the price is still expensive, that's how they look at the market currently. But if someone become successful by investing in Bitcoin consistently, that's because they chose the moments they have to invest when they can't and yet did it still while the others kept complaining.

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

It is important to be consistent in your Bitcoin accumulation because consistency is a good strategy for long term growth. Everyone is concerned about their invested capital, even if it is within the discretionary income. It is wise to be consistent in your buying during the price fluctuations of Bitcoin.
Some traders set their strategy to buy when the price drops and sell when it rises, but most of them end up in losses. The reason for their losses is an opportunistic thinking because they expect to get rich in the short term. Smart investors accumulate Bitcoin at every price point and hold Bitcoin they have flow of income or for a certain period of time. Accumulation Bitcoin regularly is discipline in investing.

[yudi09]

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

This method as you mentioned is more geared towards those who don't yet have a substantial amount of money to invest so their focus is more on how to stay consistent when they want to start investing.

But for those who already have a certain amount of money collected of course they also have to see how the developments are happening in the market with the aim that they want to do to increase the existing amount so it is natural for them to do that because they still see the opportunity to make another purchase even though it is sometimes only an estimate but if the situation is right they will still make a purchase with the aim of continuing to make a long-term investment that's the difference between those who don't have it yet and someone who already has a plan which is definitely someone's readiness to do to accumulate an additional amount more than what they already have but they only need to see the movement what is happening currently regarding market conditions.

[Moreno233]

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

What you said only applies to new investors who don't yet have much Bitcoin in their wallets, so their focus and consistency should be on buying without worrying about the current price. Meanwhile, for investors who already have more Bitcoin in their personal wallets, I think it's also very important to monitor the market price, even if they still plan to buy more Bitcoin at the current price to continue their long-term investment. This means every investor must be smart enough to position themselves in such situations to avoid thwarting their plans and actions. Those who already have more Bitcoin from past purchases will naturally also have a plan to take profits at the current price, even if they don't sell it all at once.

I completely disagree with you G_Besar because even experienced investor that are holding does not bother much about price. I'm sure you know about Michael Saylor of MicroStrategy who is famous for buying irrespective of the price and market condition, he is a good example of what a strong hand is and you will not tell me that he is not experienced or have good stash of Bitcoin. Even when Bitcoin was over $100k they were still buying and as the price dropped, instead of panicking, they still bought more. This is how long term investor who trust and believe in the future of Bitcoin behaves.

If you are too focused on the price, what difference is there between you and a trader and those looking for short term profits? As a long term investor, your concern should be to continue to buy and store properly since Bitcoin have shown a history of rising with time, you should be hopeful that in the future your investment will definitely give good profits. 

[Rockson1]

Yea, you are right that the market will always do whatever it want to do, but am a bit curious on how you as an investor manages your risk?
Because aside investing with what you can afford to lose, like your discretionary income, so that you wouldn't be too emotionally attached to your Bitcoin investment, I don't think their is any better way to manages your risk while investing in Bitcoin.
Additionally, for your to be successful in what ever endeavor you found yourself, you need to be disciplined, so it's not just in Bitcoin investment that discipline is greatly needed.

Is there any other way an investor manage their risk as Bitcoin apart from investing with our discreationary income and making sure that we have emergency created to face emergencies whenever it comes, I think sometimes we disturb ourselves by making things as if they are tahg difficult, being disciplined goes down to enduring to the end but come to think of it, we already know that Bitcoin investment is for a long-term, so what we need as investor is to maintain a healthy approach that won't pressure us into making decisions that may not go down with us in the later days when we remember them, using discreationary income and having an emergency funds is already enough way for us as Bitcoin investors to mitigate our risk while investing in Bitcoin then arriving at our goals as we planned it, is dependent on our consistency.

[Joy- maker]

Very correct, newbies don't really needs to know deeply before investing into Bitcoin, many newbies we be thinking that since they are newbies and  still learning the ethics on how Bitcoin works, they will be having the mindsets of not investing due to lack of knowledge on some areas of Bitcoin, it is very understandable that Bitcoin is big to understand within a blink of an eyes, it takes time and newbies should wait deeply knowing all about Bitcoin before investing but to know primarily aspect of it and invest when you have discretionary income.

What newbies need to know about bitcoin before they start investing is the basics, they can figure out other things or learn whatever they want to know about bitcoin while investing.

But waiting to understand everything about bitcoin before they start investing in bitcoin is not advisable, because they will mis buying opportunities which can delay their investment journey.

So, newbies should get started with the basic knowledge they have about bitcoin and figure out other things along the way.

[Showlove01]

I’ll continue to say this, the bitcoin market doesn’t owe anybody any special treatment or favorable outcome. An investor can only do their best by managing risks wisely and staying disciplined but at the end of the day, the market will always do what it wants to do regardless of any person’s expectations.

I agree, we have no control of the market but we can control the risk we take and the money that we're spending to invest. As others might say that the price is still expensive, that's how they look at the market currently. But if someone become successful by investing in Bitcoin consistently, that's because they chose the moments they have to invest when they can't and yet did it still while the others kept complaining.

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

Looking at the market price is not actually bad but it depends on the reason why you are looking at the price. Serious and real investors has a different view and motive why they look at the market price. It's only unserious investor that will be looking at the market to target or observe when the Dip will come before they purchase and I consider this as a total waste of time and opportunity because while you are waiting you are missing out opportunities that may have catapult your portfolio to a greater heights.

[abaeze]

I don't feel comfortable with statement like this that encourage people to nurse the idea that they will lose their money in Bitcoin investment, such statement makes investing in Bitcoin look like investing in shitcoins. I also want to correct the impression that the discretionary income is not what an individual can afford to lose, it is just the money left when you have removed the money for basic needs. If you lose all your discretionary income, you will quickly slide into depression because that is something significant. Remember that any long term investor in Bitcoin is investing cumulatively which means that part of his discretionary income is being injected into Bitcoin and over time it would have grown into something significant, hence no one will be willing to lose such precious portfolio.

I understand that there is risk in every investment but the reason Bitcoin is highly recommended over shitcoins is that it has lower risk, hence the chances of an investor losing everything through Bitcoin is very slim that is if it even exist. The right word should be that an investor must invest what he can afford to hold for long, I think this statement will encourage newer investor more than telling them to invest what they can afford to lose as if it were gambling.

You’re definitely right that discipline is universal—it’s not just a Bitcoin thing, it’s a life and investing thing in general. Without it, even the best strategy falls apart. That said, I’d slightly push back on the idea that “there’s no better way” to manage risk beyond just investing what you can afford to lose. That’s the foundation, yes—but it’s not the full strategy.  For me, risk management is layered. I rely on consistency over timing—something like DCA helps reduce the risk of entering at the wrong time, especially in such a volatile market. And finally, emotional control is huge. Most losses don’t come from bad assets, but from bad reactions—panic selling dips or chasing hype at the top.

So I agree with you on discipline being the backbone, but I see risk management as a combination of structure + behavior, not just one rule.

It is true that investing through DCA strategy helps reduce volatility and reduces timing risk, making it an effective approach for long-term accumulation, especially in the case of assets like Bitcoin.
However, I do not fully agree with this idea of 'Afford to lose' because having money does not mean that it should be invested with the intention of losing. And it is not enough because this rule basically creates a capital protection mindset but there is no strategy in it. In other words, the problem is that how much you can lose is subjective and DCA does not tell you when to enter the market, when to exit. In short, it does not control behavior.

[SmartCharpa]

Very correct, newbies don't really needs to know deeply before investing into Bitcoin, many newbies we be thinking that since they are newbies and  still learning the ethics on how Bitcoin works, they will be having the mindsets of not investing due to lack of knowledge on some areas of Bitcoin, it is very understandable that Bitcoin is big to understand within a blink of an eyes, it takes time and newbies should wait deeply knowing all about Bitcoin before investing but to know primarily aspect of it and invest when you have discretionary income.

A newbies doesn’t have to gathered all the information they need to know about bitcoin before they invest. The most is important thing is to start buying with the little you have, and you can learn more about it along the way. If you insist on learning everything about Bitcoin first, you might miss some opportunities to buy. Because delaying is more dangerous, the market can go higher at any time, and we might regret not buying earlier than we planned.

I’ll continue to say this, the bitcoin market doesn’t owe anybody any special treatment or favorable outcome. An investor can only do their best by managing risks wisely and staying disciplined but at the end of the day, the market will always do what it wants to do regardless of any person’s expectations.

I agree, we have no control of the market but we can control the risk we take and the money that we're spending to invest. As others might say that the price is still expensive, that's how they look at the market currently. But if someone become successful by investing in Bitcoin consistently, that's because they chose the moments they have to invest when they can't and yet did it still while the others kept complaining.

Don't think too much about prices when investing long-term because our goal is to focus on accumulating as much as possible if possible, at least the most you can is to stay consistent, it is certain that some people will think about prices when they want to invest but maybe some of you have seen how the history of bitcoin continues to rise, so start being disciplined to stay on the path of your plan.

Sure the history of Bitcoin is enough to make some to stay consistent with their accumulation, rather than thinking too much about its price. If you focus on the market, you might be discouraged from continue buying. Some people you see today who fail to invest do so because of how they think about the market, but the market will surely go up, even the downside is showing signs that it will rise.

[Bigjoe33]

It is true that investing through DCA strategy helps reduce volatility and reduces timing risk, making it an effective approach for long-term accumulation, especially in the case of assets like Bitcoin.
However, I do not fully agree with this idea of 'Afford to lose' because having money does not mean that it should be invested with the intention of losing. And it is not enough because this rule basically creates a capital protection mindset but there is no strategy in it

When we say invest with the money you can afford to lose, it is not literally the money you don't need and want to lose it. No way. Who wants to lose his/her money in the first place, certainly no one.
That statement is simply saying that investors should be mote careful in the money that should be used for investment, meaning, you don't use a money that you may be needing to get something done in few weeks or even months to invest, nay. You don't hope on accumulating Bitcoin with the money you may need to start a building next year or even in a year and half, because you don't trust the price movement of Bitcoin. Thus, the money used for accumulating Bitcoin should be a money you don't need for anything, a money you can just spend for luxury or eating out or clubbing and it won't affect your normal life at all. So, inorder words, such money that can be spent on anything without feeling it all is the money you can afford to lose.

So, buying Bitcoin with the money you can afford to lose simply implies that it is best to buy Bitcoin with the money that is not part of your budget at all, even after handling your normal budget. This important because you will be investing it for long without plans of tapping from the investment while it mtures.

[Big Dirams]

What newbies need to know about bitcoin before they start investing is the basics, they can figure out other things or learn whatever they want to know about bitcoin while investing.

But waiting to understand everything about bitcoin before they start investing in bitcoin is not advisable, because they will mis buying opportunities which can delay their investment journey.

So, newbies should get started with the basic knowledge they have about bitcoin and figure out other things along the way.

You are right as a new investor to the system and also investor that is willing to invest in bitcoin then such investor doesn’t need any big knowledge about bitcoin at all or maybe sit back to learn a lot about bitcoin before investing nope that not a good approach. To me such approach looks more like procrastination and procrastinating isn’t a smart way to invest in bitcoin.
With little knowledge and basic of bitcoin we can start the investment process asap without not wasting much time. The market is filled with alot of opportunities and bitcoin we know is a valuable assets so as long as such investor has their discretionary income in check then the journey can begin as soon as possible. No need for waiting back and learning more about bitcoin, we can do that during the process of investing.

[Joeboy]

Very correct, newbies don't really needs to know deeply before investing into Bitcoin, many newbies we be thinking that since they are newbies and  still learning the ethics on how Bitcoin works, they will be having the mindsets of not investing due to lack of knowledge on some areas of Bitcoin, it is very understandable that Bitcoin is big to understand within a blink of an eyes, it takes time and newbies should wait deeply knowing all about Bitcoin before investing but to know primarily aspect of it and invest when you have discretionary income.

Having your Discretionary income as well as Basic knowledge is already a go ahead for newbies to kickstart their investments journey... And that's coz newbies get to learn better by involving themselves in the investment processes.. And truth be told when newbies involve themselves they tend to get a firsthand knowledge of how investment is done as well as how volatility works and how to get accustomed to it so that they wouldn't be constantly driven into making costly emotional decisions... And this kind of firsthand knowledge that can be gotten through involvement may just be very impossible to get when folks keep excluding themselves unnecessarily...

[Renampun]

Bitcoin investment does not have to do with only having faith in Bitcoin, your faith in Bitcoin has to be proven by your actions which is your acumulation with your discreationary income.

It's true that simply having faith in Bitcoin isn't enough, without real action, it's just theory. the most important thing people need to prove is real action by accumulating Bitcoin using their discretionary income, only then will their "faith" be proven.

many people believe in Bitcoin's long-term potential but never start setting aside funds. so, their faith is nothing more than empty words. it's not necessary to start with a large amount of money, no matter how much, just start accumulating. the important thing is that it's discretionary income, because otherwise, it will impact their finances and force them to sell at the wrong time.

[Sticky Bomb]

Those who already have more Bitcoin from past purchases will naturally also have a plan to take profits at the current price, even if they don't sell it all at once.

It is not a must to take profits simply because you already own some good quantity of bitcoin, especially if you're still not arrived at your target nor have you reached the termination of your holding period. Profits should not be the watchword, but reaching your initial target and holding long-term. Such mentality of taking profits prematurely would see an investor slowly turn a trader and sell much of his bitcoin so soon at a time that was not of his own choosing. An investor still in his accumulation period should keep buying and holding and not get carried away by the present size of his portfolio, the size of his portfolio should serve as an encouragement to continue buying and not a motivation to take profits.
It would be a good decision if the investor remain committed to his buys in order to reach overaccumulation phase faster which he might decide to take some little profits but not such that would see his portfolio go below his initial target.