I heard people keep saying don't sell when the price rise a little, or when it starts dropping! I don't get, why are you holding it for long? As long as am concerns is just a matter what you want, long term or short term. Bitcoin is not your Goldsmith or some banks you build at home that you can control anytime you like.
To me bitcoin is there to gives you money when you're satisfied to take the money or take your if can't wait when is dropping. I can't hold for too long is personal or I will never take investment in a short is till personal.
Just as what you believe, that's what the others including me believe. And that's where we're satisfied to sell whether it's for the short or long term as long as we're good with it. Those that are saying that don't sell when it rises a little, that depends on how much they've bought. Maybe they're anticipating that most that are about to sell haven't bought at the lowest and profit is quite little so they say, don't sell.
We've got different ways of protecting our bitcoins and plans for it, if many of us are for the long term like I mean up for some until retirement and there goes the others that don't have plans like that.
Whether you hold or not what will happen in bitcoin will still happens, is good to hold but too long hell no, because am not the future, future is expectations real life is in the present.
That's okay if you think bitcoin isn't for that much long term. But you can't change the minds of the many that this is here to stay and for how long? We don't know.
My questions is people keeping bitcoin for too long and begins to hear story?
Not just hearing success stories of long term holders and investors but also based on personal and individual experiences, this makes us want to be long term on it.
What's the secret that's different from taking profit?
There's no actual secret from it, the strategies are vulgar and known for most.
Is that long term bitcoin don't experience losses?
If we'll look at the history of the chart, I'd say yes. But determine yourself on how long you want to be because the chart never changes and there will be dips and corrections if you zoom in the charts.