JJG’s Outline of Bitcoin Investment Ideas

[BluebloodCXVI]

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.

For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

Look at it this way, if someone plants a tree, does he go and dig it up every week to check if it’s growing?, of course not, Instead he waters it and gives it time to let the results show, this is the kind of mindset a long term investor should have.
If profit is the only thing on your mind as a long term investor, you’ll almost always end up acting short term without even realizing it. You’ll be checking price every minute, getting nervous when there is a dip, getting too excited when there is a pump and before you know it, you’ll start making impulsive decisions like selling too early or jumping into hype. That’s no longer investing anymore, that’s a trader’s mindset.
A long term investor should focus more on sticking to a good strategy, accumulating consistently as long there’s discretionary income available, and not losing their head when the market start moving crazy. The irony of it is that, if they stick to doing all these things I mentioned, they will experience sustainable long term growth over time, not quick profit that can disappear quickly.

[Crytohillss]

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.
For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

Most individuals come into Bitcoin with kind of expectations even if it's just preservation of value but I also think gain targets can be a double edge like you said can work well but they can also make individuals second guessing themselves.the point is clear but I do arguing it's not always just greed sometimes it is lack of plan or trying to time market too perfectly.

[Bright0515]

The way you frame this issue creates the perception that Bitcoins are exclusive to those who can make aggressive increases in their income, which is simply not true.

Actually the truth is that those who have the ability to increase their income so that they can have at least a decent amount of money on their discretionary income to accumulate Bitcoin with, have more advantage than those who can not or does not in anyway have the ability to increase their income but it is not a must to increase your income if you don't have the capacity to do so at the moment. But the main thing here is that even those with high income and those with low income can also invest into Bitcoin, the major thing for an investor to use for investment is money on their discretionary income (after they must have settled all their necessary bills). DCA strategy serves best for everyone to start buying with any amount of money (either low or high amount). As for the fact that everyone doesn't have the same financial capabilities also makes it clear that anyone can DCA with any amount they have in their discretionary income.

From the way I see it, if a no coiner start thinking much of increasing his income there's a higher chance that he or she might not start investing early because all their attentions is just to increase income without considering the fact that they can also start buying Bitcoin with the small amount of money on their discretionary income. In as much as someone is working or let's just say they are doing other jobs, there's a higher chance that they might also increase their income in the future, so for the fact t that income might somehow increase in the future, they can also increase the amount of money they allocate into Bitcoin either daily, weekly or monthly. What's really important here is consistency and discipline. One thing we all also need to consider is investing habits, and if a no coiner start gradually, with time they will develop that investing habits (it's not always about starting big).

[suhadi88]

While your comments regarding cash flow, expense reduction, and increasing income is very valid, I believe that there needs to be a better balance to them when relating to the accumulation of Bitcoin.

I agree and If we follow the rules of thumb when discussing investment ideas in BTC, there are basically three points: accumulate when you can, hold for a certain period of time, and only sell if it significantly improves your position. However, we've often noticed that some haven't reached the right time. I imagine some people take a profits or even go all-in, but certainly those decisions vary and not all of them. The key, in my opinion, isn't to hold the maximum BTC stack forever, but to balance it out like you say above and for reminder BTC is still at 76K now..

[BluebloodCXVI]

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.
For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

Most individuals come into Bitcoin with kind of expectations even if it's just preservation of value but I also think gain targets can be a double edge like you said can work well but they can also make individuals second guessing themselves.the point is clear but I do arguing it's not always just greed sometimes it is lack of plan or trying to time market too perfectly.

@Crytohillss, The post you quoted does not belong to me, rectify it ASAP and next time try to cross check before quoting people’s post to avoid confusion, Thanks.

[sotelorene]

While your comments regarding cash flow, expense reduction, and increasing income is very valid, I believe that there needs to be a better balance to them when relating to the accumulation of Bitcoin.

I agree and If we follow the rules of thumb when discussing investment ideas in BTC, there are basically three points: accumulate when you can, hold for a certain period of time, and only sell if it significantly improves your position. However, we've often noticed that some haven't reached the right time. I imagine some people take a profits or even go all-in, but certainly those decisions vary and not all of them. The key, in my opinion, isn't to hold the maximum BTC stack forever, but to balance it out like you say above and for reminder BTC is still at 76K now..

The only period or time an investor should take or think of taking profit is when they have gotten to their overaccumulation stage otherwise it becomes trading and you made mentioned of going all in, there is nothing wrong to go all in, in our Bitcoin investment especially if we are using our discretionary income to go all in because our discretionary income is what we can afford to lose but it becomes dangerous when someone uses money outside their discretionary income to go all in because there's always a consequences of that action or decision.

[Cgrexp]

The way you frame this issue creates the perception that Bitcoins are exclusive to those who can make aggressive increases in their income, which is simply not true.

Actually the truth is that those who have the ability to increase their income so that they can have at least a decent amount of money on their discretionary income to accumulate Bitcoin with, have more advantage than those who can not or does not in anyway have the ability to increase their income but it is not a must to increase your income if you don't have the capacity to do so at the moment. But the main thing here is that even those with high income and those with low income can also invest into Bitcoin, the major thing for an investor to use for investment is money on their discretionary income (after they must have settled all their necessary bills). DCA strategy serves best for everyone to start buying with any amount of money (either low or high amount). As for the fact that everyone doesn't have the same financial capabilities also makes it clear that anyone can DCA with any amount they have in their discretionary income.

From the way I see it, if a no coiner start thinking much of increasing his income there's a higher chance that he or she might not start investing early because all their attentions is just to increase income without considering the fact that they can also start buying Bitcoin with the small amount of money on their discretionary income. In as much as someone is working or let's just say they are doing other jobs, there's a higher chance that they might also increase their income in the future, so for the fact t that income might somehow increase in the future, they can also increase the amount of money they allocate into Bitcoin either daily, weekly or monthly. What's really important here is consistency and discipline. One thing we all also need to consider is investing habits, and if a no coiner start gradually, with time they will develop that investing habits (it's not always about starting big).

Ambiguity creates confusion. Many of those who focus on continuous buying and investing with no trading, no shitcoins and no selling, may have bought continuously for a period of 4 years, and perhaps the longer they stay in Bitcoin. The more likely it is that the value of the Bitcoin they accumulate will be more than their money. Of course, there are people whose cash flow situation is different and even their ability to continue buying Bitcoin is different. Personally, I often consider that whenever a person is buying Bitcoin, they should have at least a 4-year time frame for any coin they buy. So if the person continues to buy Bitcoin for more than 4 years, there may be some confusion in calculating the price and even calculating different currency management plans or perhaps even going into some kind of sustainable withdrawal state, but the reality for a vast majority of the general public is that it will take them more than 4 years to build up their Bitcoin holdings unless they have some other money outside of their regular income and they are simply able to invest more than their discretionary income. Yet most people are able to build up any investment they can from their discretionary income in most cases and after a few years, perhaps over 4 years, they are reaching a point where they can potentially reallocate from one asset to another that can generate significant amounts from investments. So that such reallocation can potentially be justified. If such a typical investor decides to go down the path of such reallocation.

[Father111]

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.

Honestly, it is not encouraging at all when someone has not reached their accumulation target and starts to think of taking profits from their Bitcoin investment, because that can easily lead them to continue taking profits from time to time, and that can become a distraction to their Bitcoin accumulation.The only time someone can take profits is when they have reached their accumulation stage, and even then, it may not be necessary if the investor does not have anything specific to do with the money. Unless they want to sell some portion to take profits so they can rebuy later if the price of Bitcoin drops, I think that is another good strategy once someone reaches their accumulation stage.

I don't think there are stages of reaching your accumulating, rather we should continue buying aggressively with your discretionary income and knowing the levels or limits of buying that will effect you in future incase of any obstacle on the process of buying and accumulating, since Bitcoin deal with long term investment, us that are yet to growing with building up our Bitcoin portfolio using DCA strategy, will continue pushing consistently in buying and accumulating, without having the mindsets of anything called accumution targets.

[Sunshine1525]

The way you frame this issue creates the perception that Bitcoins are exclusive to those who can make aggressive increases in their income, which is simply not true.

Actually the truth is that those who have the ability to increase their income so that they can have at least a decent amount of money on their discretionary income to accumulate Bitcoin with, have more advantage than those who can not or does not in anyway have the ability to increase their income but it is not a must to increase your income if you don't have the capacity to do so at the moment. But the main thing here is that even those with high income and those with low income can also invest into Bitcoin, the major thing for an investor to use for investment is money on their discretionary income (after they must have settled all their necessary bills). DCA strategy serves best for everyone to start buying with any amount of money (either low or high amount). As for the fact that everyone doesn't have the same financial capabilities also makes it clear that anyone can DCA with any amount they have in their discretionary income.

From the way I see it, if a no coiner start thinking much of increasing his income there's a higher chance that he or she might not start investing early because all their attentions is just to increase income without considering the fact that they can also start buying Bitcoin with the small amount of money on their discretionary income. In as much as someone is working or let's just say they are doing other jobs, there's a higher chance that they might also increase their income in the future, so for the fact t that income might somehow increase in the future, they can also increase the amount of money they allocate into Bitcoin either daily, weekly or monthly. What's really important here is consistency and discipline. One thing we all also need to consider is investing habits, and if a no coiner start gradually, with time they will develop that investing habits (it's not always about starting big).

I believe that anyone who's not disabled and got working brains should be able to generate income even though it's little but would be good enough to allocate a fair discretionary fund for investment. Some people's excuse for not being able to invest is that they couldn't generate income, I call it excuse cause I've seen disables in my locality who stil try to generate income without begging on the streets so I wonder why people who're in better condition say they can't.

One thing about life is that it would not be always fair in the sense that while some are struggling for financial freedom, some are already born into wealth but the good thing is that there's still hope for the ones struggling and Bitcoin investment is one of the opportunities that gives hope, but some people don't want to give themselves hope by starting gradually they use being a low income earner as an excuse and decide to wait till they increase their income which would only lead to missing good buying opportunities. People don't really understand that there's nothing bad in investing gradually then increase their discretionary funds with time when they generate more.

[SuperBitMan]

While your comments regarding cash flow, expense reduction, and increasing income is very valid, I believe that there needs to be a better balance to them when relating to the accumulation of Bitcoin.

I agree and If we follow the rules of thumb when discussing investment ideas in BTC, there are basically three points: accumulate when you can, hold for a certain period of time, and only sell if it significantly improves your position. However, we've often noticed that some haven't reached the right time. I imagine some people take a profits or even go all-in, but certainly those decisions vary and not all of them. The key, in my opinion, isn't to hold the maximum BTC stack forever, but to balance it out like you say above and for reminder BTC is still at 76K now..

The only period or time an investor should take or think of taking profit is when they have gotten to their overaccumulation stage otherwise it becomes trading

Yeah the only time you should be allowed to start selling your bitcoin is when you have reached your target or you have gotten to your over accumulation stage, however, in some situations I will not call it trading if you eventually start selling when you have not reached your target or you have not gotten to your over accumulation stage and the reason why I will not call it trading is because there are some people because of their target or the low income they earn they can be accommodating and holding for 10 years or more and still they have not gotten to their over accumulation stage if they decide to be selling their bitcoin they can’t be called traders because a trader can’t hold for that long.

[Promocodeudo]

Those waiting for dips are just wasting so much time for nothing. Many people now understands that it not about waiting for dips before one can accumulate bitcoin anymore but with the help of DCA strategy one can keep up with constant accumulation and not feeling fall out from the market and even during the dips we take it as opportunity to buy at lows but waiting for the dips is a waste of time.
  Selling off our investment shouldn’t be what an investor puts into consideration or even thought of, one should have that mindset of aiming for future purposes. Have the long term goals for better opportunities and benefits at the long run.

Waiting is just a form of distraction, I don't know how some people think, when their mates are busy accumulating Bitcoin with their discreationary income and the DCA method, they prefer waiting for something the do not control or know when if will occur, no one said wait for the dip, we can buy Bitcoin fractions by fractions with the help DCA method, the thing is there's no excuse to give why some people choose to wait, the DCA method create the opportunity for us to still buy the dip while doing our usual DCA all we need is to buy through the DCA method, may be prepare for the dip to buy more in lesser price but waiting for that time to come is not idea or adviceable, we need to get busy to avoid unnecessary distractions that may not end in our favour.

[Grease5000]

I think every bitcoin investor actually has a profit target once they invest into bitcoin, I can say that there is no ole actually who isn’t investing for profit, some can be to have their funds in an asset that is an hedge against inflation. The only thing is that the mode of investment is what actually separates investors from others. Some investors are actually too greedy and that’s why they usually are set up to lose.
For me i think each investor should have a specific profit target, the only thing is that as a bitcoin investor you need to actually go long term because that’s the easiest way to gain profit from bitcoin. Personally my profit target is price based and not based on time. If the price triggers then i actually take profit or else just hold.

Most individuals come into Bitcoin with kind of expectations even if it's just preservation of value but I also think gain targets can be a double edge like you said can work well but they can also make individuals second guessing themselves.the point is clear but I do arguing it's not always just greed sometimes it is lack of plan or trying to time market too perfectly.

@Crytohillss, The post you quoted does not belong to me, rectify it ASAP and next time try to cross check before quoting people’s post to avoid confusion, Thanks.
[/quote)I get your point, and I agree to an extent. Everyone comes in for profit no  one is here for charity. but what really separates solid investors is discipline, not just target. But I also think being too rigid with targets can make you miss bigger upside, especially with an asset like Bitcoin. The real edge, in my view, is combining long-term conviction with flexibility and sticking to the long term growth.

[Finebone]

Yeah the only time you should be allowed to start selling your bitcoin is when you have reached your target or you have gotten to your over accumulation stage,

Even after getting to your over accumulation status, taking profit from your investment should only be done systematically, so that you wouldn't go out of your over accumulation threshold, because selling everything and become a no coiner overnight is very bad and pathetic.

however, in some situations I will not call it trading if you eventually start selling when you have not reached your target or you have not gotten to your over accumulation stage and the reason why I will not call it trading is because there are some people because of their target or the low income they earn they can be accommodating and holding for 10 years or more and still they have not gotten to their over accumulation stage if they decide to be selling their bitcoin they can’t be called traders because a trader can’t hold for that long.

Their is no good reason to be selling or taking profit from your Bitcoin investment when you have not gotten to your over accumulation status, because that will delay your accumulation, and you may likely start selling or tempering with your investment anytime you are in need of money, which is a wrong way to invest in Bitcoin. So even though you are to this or not, tempering with your investment is trading.

[Sim_card]

Yeah the only time you should be allowed to start selling your bitcoin is when you have reached your target or you have gotten to your over accumulation stage, however, in some situations I will not call it trading if you eventually start selling when you have not reached your target or you have not gotten to your over accumulation stage and the reason why I will not call it trading is because there are some people because of their target or the low income they earn they can be accommodating and holding for 10 years or more and still they have not gotten to their over accumulation stage if they decide to be selling their bitcoin they can’t be called traders because a trader can’t hold for that long.

It's wrong to sell part of your bitcoin when you're still in your accumulation stage because your profit isn't running but compounding in your portfolio. The problem is that when you sell for a reason, you will see another reason to sell and that's lack of discipline on hodling.

Before you know it you'll start selling often and transit from a long-term investor into a trader because the mindset of buying cheaper and selling high will be the next option. It's good to make sure that your bitcoin portfolio is increasing and not decreasing because it shows that you are doing the right thing.

[SuperBitMan]

Yeah the only time you should be allowed to start selling your bitcoin is when you have reached your target or you have gotten to your over accumulation stage, however, in some situations I will not call it trading if you eventually start selling when you have not reached your target or you have not gotten to your over accumulation stage and the reason why I will not call it trading is because there are some people because of their target or the low income they earn they can be accommodating and holding for 10 years or more and still they have not gotten to their over accumulation stage if they decide to be selling their bitcoin they can’t be called traders because a trader can’t hold for that long.

It's wrong to sell part of your bitcoin when you're still in your accumulation stage because your profit isn't running but compounding in your portfolio.

I did not say it is good to sell your bitcoin when you have not reached your target or gotten to your over accumulation stage please you should try and read a post to the end, I was only pointing out the fact that you cannot call every one that sell when they have not reached their over accumulation stage a trader because some have been holding for 10 years and above and has not reached their over accumulation stage maybe because of their big target or low income earnings.

The problem is that when you sell for a reason, you will see another reason to sell and that's lack of discipline on hodling.

If someone has been holding for 10 years and above, and has not reached his or her over accumulation stage then decide to sell, you should know that he or she has no other option but to sell his or her bitcoin, you can’t have bitcoin and you have an emergency or problem that has eaten up all your emergency funds, and still it’s not solved, let’s take for example motor accident and the medical bills has eaten up all your emergency funds at this stage won’t you sell your bitcoin?
Let be real please.

[AYOBA]

Why would you wait for the dip when you can DCA regularly using your discretionary income. As long as you have a good source of discretionary income there is no point waiting for the dip because it's will waste your time and opportunities. You should focus on accumulating consistently with your discretionary income rather than wasting your valuable time timing the market for the perfect dip you aren't sure will happen.

Anyone one who want to for wait for dip before they can invest in the Bitcoin are never ready to invest. Because the investment is not all about waiting for the dip, by the time some are there waiting for the dip those who are ready to use their discretionary funds have gone far in the investments; now like this ever since the DCA method was introduced Bitcoin investment been comes more easier than before.

Because with this DCA you can able to accumulate a Bitcoin in a short period of time without waiting for the dip before they can accumulate the Bitcoin, we only knows today but we don’t know how tomorrow will goes if we said  can wait for the dip; and things later change before then we end up of zero.

[Derekfunds]

Why would you wait for the dip when you can DCA regularly using your discretionary income. As long as you have a good source of discretionary income there is no point waiting for the dip because it's will waste your time and opportunities. You should focus on accumulating consistently with your discretionary income rather than wasting your valuable time timing the market for the perfect dip you aren't sure will happen.

Anyone one who want to for wait for dip before they can invest in the Bitcoin are never ready to invest. Because the investment is not all about waiting for the dip, by the time some are there waiting for the dip those who are ready to use their discretionary funds have gone far in the investments; now like this ever since the DCA method was introduced Bitcoin investment been comes more easier than before.

Because with this DCA you can able to accumulate a Bitcoin in a short period of time without waiting for the dip before they can accumulate the Bitcoin, we only knows today but we don’t know how tomorrow will goes if we said  can wait for the dip; and things later change before then we end up of zero.

One of the interesting part about the DCA method is that it allows both people with high source of income and small source of income to accumulate provided they can figure out their discretionary income. And how small someone is accumulating doesn't really matter what matters the most is the rate at which they are accumulating I mean how consistent they are in their accumulation regardless of the small amount because consistency will help them grow in an interval they can not imagine.

[Silikiem]

While your comments regarding cash flow, expense reduction, and increasing income is very valid, I believe that there needs to be a better balance to them when relating to the accumulation of Bitcoin.

I agree and If we follow the rules of thumb when discussing investment ideas in BTC, there are basically three points: accumulate when you can, hold for a certain period of time, and only sell if it significantly improves your position. However, we've often noticed that some haven't reached the right time. I imagine some people take a profits or even go all-in, but certainly those decisions vary and not all of them. The key, in my opinion, isn't to hold the maximum BTC stack forever, but to balance it out like you say above and for reminder BTC is still at 76K now..

The only period or time an investor should take or think of taking profit is when they have gotten to their overaccumulation stage otherwise it becomes trading and you made mentioned of going all in, there is nothing wrong to go all in, in our Bitcoin investment especially if we are using our discretionary income to go all in because our discretionary income is what we can afford to lose but it becomes dangerous when someone uses money outside their discretionary income to go all in because there's always a consequences of that action or decision.

It’s not just about reaching your over accumulation stage band then decide you  can take profits, because there’s a possibility that you can reach accumulation targets or over accumulation and still not be in a profitable position reasonably in such a way that even if you take the profit it won’t affect your bitcoin holdings. You should be able to hold for at least a minimum of 5-10 years or more. Reaching over accumulation stage is not a guarantee you must be in profit, and there could be a situation where by most investors could possibly buy bitcoin for just a few period of time and declare or claim  that they have  reached their accumulation target or over accumulation so in this case it’s very unrealistic to say that if an investor have reached accumulation target or over accumulation that they can start taking profits, such statements could be misleading. It’s advisable for a long term investor to focus on figuring out discretionary incomes to consistently or perhaps persistently accumulate bitcoin and hold for at least a minimum of 5-10 years or more.

[Nheer]

It’s not just about reaching your over accumulation stage band then decide you  can take profits, because there’s a possibility that you can reach accumulation targets or over accumulation and still not be in a profitable position reasonably in such a way that even if you take the profit it won’t affect your bitcoin holdings. You should be able to hold for at least a minimum of 5-10 years or more. Reaching over accumulation stage is not a guarantee you must be in profit, and there could be a situation where by most investors could possibly buy bitcoin for just a few period of time and declare or claim  that they have  reached their accumulation target or over accumulation so in this case it’s very unrealistic to say that if an investor have reached accumulation target or over accumulation that they can start taking profits, such statements could be misleading. It’s advisable for a long term investor to focus on figuring out discretionary incomes to consistently or perhaps persistently accumulate bitcoin and hold for at least a minimum of 5-10 years or more.

You’re right that over accumulation isn’t a guarantee of profit or success infact nothing really is. It's possible to be at over accumulation point and still not be at profit. I don’t even think we should be talking about taking profits at this stage because it could easily mislead beginners into believing they can cash out at any time. For long term investors taking profits shouldn’t be the main focus but more buys. Over accumulation is also not something that is easily reached in reality so the best approach is to stay focused on your strategy and keep accumulating as much as possible consistently using DCA.

[Insanity]

It’s not just about reaching your over accumulation stage band then decide you  can take profits, because there’s a possibility that you can reach accumulation targets or over accumulation and still not be in a profitable position reasonably in such a way that even if you take the profit it won’t affect your bitcoin holdings. You should be able to hold for at least a minimum of 5-10 years or more. Reaching over accumulation stage is not a guarantee you must be in profit, and there could be a situation where by most investors could possibly buy bitcoin for just a few period of time and declare or claim  that they have  reached their accumulation target or over accumulation so in this case it’s very unrealistic to say that if an investor have reached accumulation target or over accumulation that they can start taking profits, such statements could be misleading. It’s advisable for a long term investor to focus on figuring out discretionary incomes to consistently or perhaps persistently accumulate bitcoin and hold for at least a minimum of 5-10 years or more.

You’re right that over accumulation isn’t a guarantee of profit or success infact nothing really is. It's possible to be at over accumulation point and still not be at profit. I don’t even think we should be talking about taking profits at this stage because it could easily mislead beginners into believing they can cash out at any time. For long term investors taking profits shouldn’t be the main focus but more buys. Over accumulation is also not something that is easily reached in reality so the best approach is to stay focused on your strategy and keep accumulating as much as possible consistently using DCA.

I agree with both sentiments because many beginners don't understand the concept of accumulation well and believe they will be in profit once they reach an accumulation goal. Bitcoin investment doesn't work like this, particularly for long term investors. Accumulation target is more about a good investment position for the long term rather than a call to take profit. It depends on market conditions, price and time period. It is possible to have a good amount of Bitcoin and not make substantial profit. So discipline and consistency with DCA is more important than early selling. Long term investors need to be more about accumulation and discipline, than premature celebration.