Buy Buy Buy or Sell Sell Sell?

[Tonimez]

It is never right to invest to show others or to convince others. Investment is for your own future. For example, if you have a goal that when you are old and have no source of income, you can withdraw some of the profit from the investment and make your life easier. Whoever wants to do what they want with their investment. But investment should never be to convince anyone.

When those who want to invest are aware of Bitcoin and are aware of Bitcoin's past, are aware of the Bitcoin network, etc., then I think they will make the decision to invest voluntarily.

Investing to prove a point is quite a pitiable kind of investment for so many reasons. It may lead you into investing sooner than your DCA turn or investing above your Discretionary income at the moment. Whichever way, it is not healthy for your bitcoin since any of the above can lead you into losses due to panic sellers to attend to an emergency situation and live below your standard until your next pay.

Yes, that is our secret that we need to keep for ourselves and showing to others will just make us in a problem. The investment will help us in the future especially if we are getting old and no resource of income.

And with Bitcoin investment, we can start investing with a small amount and hold for some years or long term. With accumulating more Bitcoin using DCA method, we can add the amount gradually so we will see the value will increase following the price moves. We can choose different ways to prepare our future and we choose Bitcoin as the investment long term.

Treat bitcoin wallet the same way you would treat your local bank account balance. Security threats could emanate from unwarranted showing off of bitcoin stash at anytime. This is because the world is evolving and almost everyone knows the worth of 1bitcoin. Allowing people access to your bitcoin balance could assign a kidnapping value to you which when you finally get into the wrong hands, you will be forced to sell off or liquidate your wallet as ransom. Your bitcoin stash is supposed to be your personal life and should be guided jealously no matter how a newbie decides to cajole you.

There is no need to show or tell investment profits to others just to prove or convince someone because there will be negative impacts that are not expected to happen unexpectedly, it is better to keep it a secret to avoid unwanted things. We invest for ourselves and also for our families and maybe only they know and that is if you want, I mean your wife if you are married with the aim that they understand so that it becomes a routine and also provides support to always remind you to continue making purchases routinely with the DCA method and continue to accumulate so that in the long term your ownership will increase and develop which will produce much greater profits and will make your family life happy in terms of finance.

There are some doubting Thomases that would never believe in bitcoin even after showing them your proof. So why would you risk yourself and your assets to convince someone? Your family could be aware, but it's still not a right. In one way, to avoid loosing your investments in the event of death or some unforeseen circumstances, it would be advisable to have a diary, with your details and login in addresses. The Diary should contain all your financial records and their possible login hints. This would be made know to only not more than one person who you can easily hold responsible in the event of fowlplay. You could make your wife to know the availability of such Diary and then limit her from accessing the contents. Families sometimes raise their expenditures when they feel you have more than enough. Limiting that knowledge from anyone could save your finances beyond expectations.

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

There will always be available reasons for any personal errors you choose to commit and that's life. When a fanatic chooses to procrastinate about a given disbelief, as in bitcoin, there's no bullrun that would change the mindset. The higher it goes the higher their presumed time of crash which according to them , is a way to scam investors.

As an intentional investor, holding is paramount as bitcoin is more of a retirement plan for a better lifetime.

[JayJuanGee]

Hello guys, I’m new to the thread and I want to understand more about buy buy or sell sell , I want to know more about buying and accumulating Bitcoin, I will be glad if you guys can help and reply or give answers to my questions
Thank you .

You should provide some information about yourself and your goals and perhaps you can provide that information without getting into too many specifics.. perhaps talk in terms of hypotheticals or maybe percentages.

Have you bought any bitcoin?
Do you have other investments?  how about debts and expenses?  

Do you have a steady income?  Are you expecting your income to change?  Do you know your discretionary income?  is it steady or does it vary?
Do you have emergency funds? or other kinds of back up funds?

What are your thoughts about bitcoin as compared with other places where you might invest?
What is your investment timeline?

It is hard to treat you like an investor if you have less than a 5 year investment timeline, and you did not say that the reason for such a short investment timeline was because of either health and/or age.

Initially I thought five years timeline will be okay but with your statement I have come to realize that five years will not be tangible to accumulate a good amount of btc, and of course I’m bearly 25years  Entrepreneur which means I still have a long way to go , I have a plan of increasing my timeline from 5 years to 15 years or probably 20years since I’m still young and I’m not old neither do I have any health issue .

It is hard to treat your ideas of investing into bitcoin seriously if you cannot establish a longer timeline... and so you are merely wanting to get into bitcoin and then get out of bitcoin with some dollar profits, and you will likely miss out on a likely compounding value that comes from holding bitcoin longer (such as for a lifetime and then potentially converting into sustainable withdrawal at some later point).

I’m not actually trying to get in and out of bitcoin with some dollar profit , just that I’m new to the Bitcoin investment and I never knew long timeline will be more profitable than short timeline but with this conversation I have come to understand that investing in Bitcoin in a long timeline is better than short timeline,  i wIll try my best to invest Bitcoin in a long timeline .

How do you expect any of us to help you with figuring out strategies that you might be able to apply, if you are merely planning to trade in and out of bitcoin?

All I needed was to be enlightened since I’m new into Bitcoin ,I never had in mind to trade in and out of Bitcoin , And I’m not planning to trade but to invest and accumulate a good amount , I have come to realize , and I now have a good knowledge of 10 to 15years investment and the benefits , so I expect everyone to assist and guid me right so I won’t make a mistake that is all .

What are you doing to make sure that your able to invest into bitcoin for the long term?  You do not need to give your specifics, but you could still describe if you have started investing into bitcoin and it you are establishing back up funds and maybe outline some of your individual particulars without necessarily describing your exact circumstances.   There are ways to ask questions without necessarily describing too many individual circumstances, and sometimes we might present hypothetical persons too that may or may not have similar circumstances as ourselves.

We could describe someone with $1,000 per month income and $800 per month of expenses, or a person with $10k per month of income and $4k worth of expenses or we can describe a lot of variations of that, including some persons who have income that might vary a lot and expenses that might vary a lot, so they might be trying to figure out how to deal with their variance, including if they might accumulate BTC by lump sum, DCA, buying dips or some combination of those methods.

We discussed in this thread about guys having income and figuring out how to invest within the parameters of their discretionary income, but also trying to employ good cashflow management practices that might also involve creating and maintaining back up funds, while they are still building their bitcoin holdings.. which yeah could take 4-10 years or longer just to build the bitcoin holdings so it starts to potentially get to a meaningful amount - which surely may also depend on your level of discretionary income too.

And, yeah if you potentially have a longer timeline, then you might want to make sure that you are not overly rushing and that you are building the size of your total investment portfolio and not putting your assets (that you built up) at unnecessary risk.    Sometimes there are abilities to engage in more risk when a person is younger, yet it still would be advisable to try to make sure that the person is still building rather than ongoingly gambling and having to start over every time that he screws up, and so many times younger folks engage in more risk than they should because they think that they can just start over if they screw things up, which I personally believe is filled with erroneous thinking and bad practices that get embedded into continuing to follow bad practices, even after screwing up there might not be any learning, but ongoing and unnecessary excess risk taking.

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

I feel that the best time to sell part of your bitcoin is when yiu have reach your over accumulation status because accumulating bitcoin is not by the number of years that you have been hodli. Our success in our bitcoin investment should be meeting up with our bitcoin target by keeping our DCA ongoing, regularly, consistently and persistently every week for as long as we can reach our bitcoin target even though it's 10 years and above.

I don't have plans of selling part bitcoin investment because I haven't reached my target and I don't know when I will reach my bitcoin target but all I am doing is to keep on stacking with DCA weekly. There's time for everything selling is always the last through sustainable withdrawal and I believe that brand new investor shouldn't think of profits because that's what can lead to selling idea but rather let them continue topping their portfolio till they achieve their target.

Logically, it seems that many guys who are seriously considering living off their bitcoin, there are likely going to be transition periods between levels of aggressiveness in accumulation and then maybe mostly maintenance prior to starting to employ sustainable withdrawal techniques... and yeah the details are probably going to unfold differently for different guys that are somewhat tailored on their personal circumstances and even their needs to reassess their situation in light of macro-factors that are changing along the way, too.

[Jostern]

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

I feel that the best time to sell part of your bitcoin is when yiu have reach your over accumulation status because accumulating bitcoin is not by the number of years that you have been hodli. Our success in our bitcoin investment should be meeting up with our bitcoin target by keeping our DCA ongoing, regularly, consistently and persistently every week for as long as we can reach our bitcoin target even though it's 10 years and above.

I don't have plans of selling part bitcoin investment because I haven't reached my target and I don't know when I will reach my bitcoin target but all I am doing is to keep on stacking with DCA weekly. There's time for everything selling is always the last through sustainable withdrawal and I believe that brand new investor shouldn't think of profits because that's what can lead to selling idea but rather let them continue topping their portfolio till they achieve their target.

It is obvious that everyone has there goal when it comes to making this investment decision. I think that selling our Bitcoin before getting to over accumulation should never be considered in any way, it is mostly important that we should set a goal target of building our portfolio, and continue to go hard on accumulating Bitcoin on a consistent basis.

Selling Bitcoin should never be considered for someone who’s true intentions is to build a very strong foundation on accumulating Bitcoin, we should only try to sell parts of our Bitcoin after over accumulation and also applying a strategy of controlled withdrawal method after accumulating for up to 5-10yrs which is a full cycle, but newbies who are into investment should never consider selling bitcoin but consider to accumulate for a long term.  investment strategy.

[$crypto$]

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

Actually happy to see the price again reached a milestone with the highest price of all time continues to reach its record --- because we have only been running 2-3 years in investing and have a long-term plan then will not sell in the near future even though the highest price of all time became a record again than before, our commitment 6-10 years ahead want to see prices much higher then the hope can increase many times from the previous ATH.
So now we will not be tempted by the new ATH, we will remain focused on long-term plans that will continue to be strengthened.

[Silikiem]

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

I feel that the best time to sell part of your bitcoin is when yiu have reach your over accumulation status because accumulating bitcoin is not by the number of years that you have been hodli. Our success in our bitcoin investment should be meeting up with our bitcoin target by keeping our DCA ongoing, regularly, consistently and persistently every week for as long as we can reach our bitcoin target even though it's 10 years and above.

I don't have plans of selling part bitcoin investment because I haven't reached my target and I don't know when I will reach my bitcoin target but all I am doing is to keep on stacking with DCA weekly. There's time for everything selling is always the last through sustainable withdrawal and I believe that brand new investor shouldn't think of profits because that's what can lead to selling idea but rather let them continue topping their portfolio till they achieve their target.

Agreed with your points and  also to add to it, selling part or all of our bitcoin portfolio is not advisable especially for an investor whose strategy is for a long term investment, all you can do is that, if you feel you have actually accumulated even more than your targeted investment portfolio, the highest you can do is to take out your profit just so you can protect your gains and still continue with your accumulation using the DCA method either weekly or monthly.

[Merit.s]

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

I feel that the best time to sell part of your bitcoin is when yiu have reach your over accumulation status because accumulating bitcoin is not by the number of years that you have been hodli. Our success in our bitcoin investment should be meeting up with our bitcoin target by keeping our DCA ongoing, regularly, consistently and persistently every week for as long as we can reach our bitcoin target even though it's 10 years and above.

I don't have plans of selling part bitcoin investment because I haven't reached my target and I don't know when I will reach my bitcoin target but all I am doing is to keep on stacking with DCA weekly. There's time for everything selling is always the last through sustainable withdrawal and I believe that brand new investor shouldn't think of profits because that's what can lead to selling idea but rather let them continue topping their portfolio till they achieve their target.

Agreed with your points and  also to add to it, selling part or all of our bitcoin portfolio is not advisable especially for an investor whose strategy is for a long term investment, all you can do is that, if you feel you have actually accumulated even more than your targeted investment portfolio, the highest you can do is to take out your profit just so you can protect your gains and still continue with your accumulation using the DCA method either weekly or monthly.

It's not a good portfolio management for you to reach an over accumulation stage and sell too much bitcoin to the point that it puts you out of your over accumulation level, and then you start buying again with DCA. It is better that you take profits in a way that it would not affect your extra accumulated bitcoin to exhausted by using the sustainable withdrawal pattern. This will help you still be in your over accumulation phase and at the same time your portfolio will keep on increasing in value. There is no need reach the highest stage and put yourself back to the stage that you start struggling to acquire more bitcoin.

[Solokan]

Our motivation to sell should not be driven by the profits we see in our investment, but the termination of our holding period. If we target profits only, then we are not much different from traders, rather you should be more focused on reaching your accumulation target and/or even attaining the status of over accumulation within our holding period. It is a very good practice to keep enlarging our portfolio regardless of market sentiments and movements since it enables us to remain focused and dedicated to our ongoing accumulation journey. When we have more than enough coins and the profits already compounded, it surely sounds like a better deal and by the end of our holding period (4-10 years or even more), we can choose to keep holding or if we are satisfied with our stash, we can initiate some sustainable withdrawal practices and gently begin to live off our bitcoin investments

I can never do that. No matter how much I collect, it's never enough and I never want to sell. I'm sure you won't want to sell after you've invested a lot of money into Bitcoin, because you'll regret it whenever you sell. Bitcoin is always finding a new top. Those who sell are always sorry. The best thing is to keep buying and never sell until you retire. If you are retired, of course, you can live a comfortable life by selling it piece by piece. But if you are still working, there is no reason to sell early if you are at a younger age.

I am very sure 1000%, for those who sell when the price goes up and make a profit will definitely regret it, I am very sure. Because I also felt this at the beginning, but over time I realized it because the increase in the price of Bitcoin will never end and the price will continue to rise past ATH and new ATH which is a very promising long-term investment if we continue to accumulate it by doing the DCA method and continue to hold it and as you said until retirement or old age is a good choice so that in old age we feel a peaceful, calm and also happy life especially in terms of finances with our beloved family. And this is enough for me as motivation for the future that must be done consistently because most parents in old age are always considered troublesome for their children and this must be a real motivation so that we do not bother them because of financial problems even those who will still need us.

Anyone who sells always at a slight rise would definitely, at one time or the other  run at lost or quit bitcoin investment. This is because no one has control over market behaviour. Bitcoin lost over $3k already today and could either loose more or gain by tomorrow. That's it's nature and that's what makes it unique. I have a friend who emptied his wallet due to the prolonged bear run that just ended. He is already in regrets now. We can't know it all and that's the beauty at all time.

One thing we need to understand about Bitcoin investment is that, for you to become successful as one of the crypto or Bitcoin investors, you need to take your eyes out of the market chart. Keeping your eyes on the price of Bitcoin could mislead us and can put phobia in us that could make us stop buying some units at a constant intervals. Obviously I can ready the market chart and make some analysis because I've traded the market many times which had made me realized that trading and investing at the same time could mislead us, especially making us to want to take opportunity of the slightest market reaction.

Holding has been the key to become a crypto profitable investor and this secret has been hidden from major people that intend to make more from the crypto market. I have learnt from the hard way which had enlightened me that buying and selling after a quick bull movement would always give us a small profit compared to what is ahead of us.

The bigger picture is what many of us should keep our eyes on rather than trying to take ignorant advantage of the market when price of Bitcoin starts going bull. We make more money by holding for a long time than taking short profits which is always a sign of hidden trap for greedy investors.

Being able to know and read the current market price in bitcoin chart is not overly a bad one as a bitcoin investor, this will equally helps to give a more clearer understanding of the progress of your investment. It’s not possible that someone will venture in a business without knowing how the business is actually doing at the moment so that you’ll be able to employ the best strategy to keep it going and keep track of your investments or bitcoin portfolio.

Being able to know and how to read the current market price in Bitcoin chart is not a bad thing but as an investor it is not necessary because knowing how to do all that won't add anything to you and going dip to learn all these, I will say or believe you have an ulterior motive because an investor doesn't really need to learn or know all...  Moreover, knowing how to read Bitcoin charts won't make you know how your business is doing because anytime you entered your portfolio you can see everything there very bold and clear as a matter of fact, a long term investor is not even suppose to give a shit about how his or her portfolio is doing and you are sounding more like a trader because investors, long term per say don't really need these stuffs.

it is true that reading and analyzing market prices certainly does not hurt, even in my opinion it would be better if we could read price movement charts and others. but yes, for long-term investors, of course they will not focus too much on price charts, it will not be a problem because long-term investors are certainly the safest thing for them to harvest it someday after a long period of time.

investing in btc is certainly very easy and certainly without having to look at the price, of course it will be safe because of course btc has great potential to have a bright future. but what is certain is that we must be prepared for the risk and of course only money that is ready to be lost is worth using to buy btc.

[michellee]

There is no need to show or tell investment profits to others just to prove or convince someone because there will be negative impacts that are not expected to happen unexpectedly, it is better to keep it a secret to avoid unwanted things. We invest for ourselves and also for our families and maybe only they know and that is if you want, I mean your wife if you are married with the aim that they understand so that it becomes a routine and also provides support to always remind you to continue making purchases routinely with the DCA method and continue to accumulate so that in the long term your ownership will increase and develop which will produce much greater profits and will make your family life happy in terms of finance.

Exactly because we need to stay away from others attention and keep hiding our assets for safety. We invest for ourselves and families so there is no need to tell to others about what we did. They will not tell their secrets so why would we do that? We can tell our investment to our couple because they are the closest person to us so we don't want to see misunderstanding happen to us. We can also ask our couple to do the same as what we did so our investment can be bigger and we can pass our day without a problem. Really using DCA help people to invest in Bitcoin gradually and not giving a problem to do that thing.

Treat bitcoin wallet the same way you would treat your local bank account balance. Security threats could emanate from unwarranted showing off of bitcoin stash at anytime. This is because the world is evolving and almost everyone knows the worth of 1bitcoin. Allowing people access to your bitcoin balance could assign a kidnapping value to you which when you finally get into the wrong hands, you will be forced to sell off or liquidate your wallet as ransom. Your bitcoin stash is supposed to be your personal life and should be guided jealously no matter how a newbie decides to cajole you.

Agree with this. Having Bitcoin investment mean we need to responsibility to our funds. If we save our money in bank, we can let them to manage our funds without we know what will they do. But with Bitcoin in our hands, we need to know how to manage it properly. We control the use of Bitcoin for our daily life but as we use Bitcoin as our investment, we just need to buy and hodl it. We don't have to spend our Bitcoin especially if we already allocated our income to the right place. That will be outrageous if we let other people access our Bitcoin wallet because that is our secret that we don't need to tell to them. Our Bitcoin stash will be our secret so it will be important if we hide our secret from others. We don't have to tell the amount so they will not ask too many times.

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

Actually happy to see the price again reached a milestone with the highest price of all time continues to reach its record --- because we have only been running 2-3 years in investing and have a long-term plan then will not sell in the near future even though the highest price of all time became a record again than before, our commitment 6-10 years ahead want to see prices much higher then the hope can increase many times from the previous ATH.
So now we will not be tempted by the new ATH, we will remain focused on long-term plans that will continue to be strengthened.

Bitcoiners happy to see the price increase and back on the track after stay at a lower price. If people out there don't like with this and still say negative thing about Bitcoin, we don't have to argue them because that will waste our time. Bitcoin will still increase with or without them but we are make sure that we will be part of the Bitcoiners. Bitcoin price will still increase no matter if many bad news coming to say bad things about Bitcoin. That will be a matter of time for us to see the rally come and amaze them that never believe in Bitcoin. They will regret seeing what happen to Bitcoin and think that they cannot join.

[laijsica]

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

I feel that the best time to sell part of your bitcoin is when yiu have reach your over accumulation status because accumulating bitcoin is not by the number of years that you have been hodli. Our success in our bitcoin investment should be meeting up with our bitcoin target by keeping our DCA ongoing, regularly, consistently and persistently every week for as long as we can reach our bitcoin target even though it's 10 years and above.

I don't have plans of selling part bitcoin investment because I haven't reached my target and I don't know when I will reach my bitcoin target but all I am doing is to keep on stacking with DCA weekly. There's time for everything selling is always the last through sustainable withdrawal and I believe that brand new investor shouldn't think of profits because that's what can lead to selling idea but rather let them continue topping their portfolio till they achieve their target.

Agreed with your points and  also to add to it, selling part or all of our bitcoin portfolio is not advisable especially for an investor whose strategy is for a long term investment, all you can do is that, if you feel you have actually accumulated even more than your targeted investment portfolio, the highest you can do is to take out your profit just so you can protect your gains and still continue with your accumulation using the DCA method either weekly or monthly.

Your ongoing accumulation exceed  four years target and your holdings are of a decent size, then small profits can be taken out of the portfolio for emergency need. If you don't have an urgent need, you should have two more cycles in continuous accumulation. This method will increase your financial resilience and security. Bitcoin continuous accumulation and compounded buying tend to decrease UP price, the longer you keep depositing. A reminder for you to understand the positive signs of Bitcoin future while it is in the market and apply the dollar cost averaging (DCA) method.

[woez]

This method will increase your financial resilience and security. Bitcoin continuous accumulation and compounded buying tend to decrease UP price, the longer you keep depositing. A reminder for you to understand the positive signs of Bitcoin future while it is in the market and apply the dollar cost averaging (DCA) method.

The question now is, when should we sell it..? Of course everyone has what is called a need at any time.

[Ruttoshi]

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

I feel that the best time to sell part of your bitcoin is when yiu have reach your over accumulation status because accumulating bitcoin is not by the number of years that you have been hodli. Our success in our bitcoin investment should be meeting up with our bitcoin target by keeping our DCA ongoing, regularly, consistently and persistently every week for as long as we can reach our bitcoin target even though it's 10 years and above.

I don't have plans of selling part bitcoin investment because I haven't reached my target and I don't know when I will reach my bitcoin target but all I am doing is to keep on stacking with DCA weekly. There's time for everything selling is always the last through sustainable withdrawal and I believe that brand new investor shouldn't think of profits because that's what can lead to selling idea but rather let them continue topping their portfolio till they achieve their target.

Agreed with your points and  also to add to it, selling part or all of our bitcoin portfolio is not advisable especially for an investor whose strategy is for a long term investment, all you can do is that, if you feel you have actually accumulated even more than your targeted investment portfolio, the highest you can do is to take out your profit just so you can protect your gains and still continue with your accumulation using the DCA method either weekly or monthly.

Your ongoing accumulation exceed  four years target and your holdings are of a decent size, then small profits can be taken out of the portfolio for emergency need . If you don't have an urgent need, you should have two more cycles in continuous accumulation. This method will increase your financial resilience and security. Bitcoin continuous accumulation and compounded buying tend to decrease UP price, the longer you keep depositing. A reminder for you to understand the positive signs of Bitcoin future while it is in the market and apply the dollar cost averaging (DCA) method.

Profits shouldn't be the target when you're still in your accumulation stage because it can ruin your investment bit by bit rather you should focus on growing your bitcoin investment consistently and persistently for 4-10 years and above till you reach your bitcoin target in future. Five years is still very short for you to start thinking of preying into your bitcoin investment due to some emergencies. This means that whenever an emergency occurs, you will sell part of your bitcoin because you have accumulated for some period of time. It's not an ideal way to build and grow your bitcoin investment overtime.

As a bitcoin long-term investor, you need to set up an emergency funds of at least three months of your monthly income as you have started your bitcoin investment to take care of whatever emergency that will occur in the future so that you don't dip hands into your bitcoin investment to take care of a real emergency.

[laijsica]

This method will increase your financial resilience and security. Bitcoin continuous accumulation and compounded buying tend to decrease UP price, the longer you keep depositing. A reminder for you to understand the positive signs of Bitcoin future while it is in the market and apply the dollar cost averaging (DCA) method.

The question now is, when should we sell it..? Of course everyone has what is called a need at any time.

You should still holding on accumulation Bitcoin unless absolutely necessary, as long as you have a reliable source of income. It is better to keep holding Bitcoin unless emergency, as long as you have an ongoing source of income. You can sell from the decent holding profit in bullish periods to grow real assets but you should accumulate regularly and should be recovery the selling holding. Bitcoin holding until retirement.

[Merit.s]

This method will increase your financial resilience and security. Bitcoin continuous accumulation and compounded buying tend to decrease UP price, the longer you keep depositing. A reminder for you to understand the positive signs of Bitcoin future while it is in the market and apply the dollar cost averaging (DCA) method.

The question now is, when should we sell it..? Of course everyone has what is called a need at any time.

You should still holding on accumulation Bitcoin unless absolutely necessary, as long as you have a reliable source of income. It is better to keep holding Bitcoin unless emergency, as long as you have an ongoing source of income. You can sell from the decent holding profit in bullish periods to grow real assets but you should accumulate regularly and should be recovery the selling holding. Bitcoin holding until retirement.

You post above is misleading and it can make newbies make some wrong moves that will lead them to regrets when they start their bitcoin accumulation journey. As a newbie, you are only to focus only buying bitcoin alone with your discretionary income with DCA for 4-10 years and above every week regularly, so that you can accumulate as many bitcoin as possible overtime. You don't have to sell for any reason because you are still a low coiner and need to grow your bitcoin portfolio to your target first.

As a newbie, you should make sure that you build your emergency funds immediately you have started your bitcoin investment by sharing your discretionary income into two parts. Use one part to be buying bitcoin weekly and use the other part to be building your emergency funds simultaneously with your bitcoin investment till it gets to three months of your income. Emergency funds is a back up funds for your bitcoin investment so that you don't sell top early when you are faced with real life emergencies.

It's wrong for you to start thinking of diversifying your bitcoin portfolio when you have not reached your bitcoin target because it will distract you and make you not be able to give all your time to build and build your bitcoin portfolio to a good size in future. The only time that you can think of diversifying is when you have reach your bitcoin target and you feel that you have more than enough bitcoin. That's when you can start to diversify into stock, bond, equity and cash equavilents. However, it's not necessarily that you diversify if you don't have the idea of investment that you want to diversify to to avoid doing it the wrong way.

Selling every bullish time sounds more of a trader practice and not a long term investor.

[Tonimez]

This method will increase your financial resilience and security. Bitcoin continuous accumulation and compounded buying tend to decrease UP price, the longer you keep depositing. A reminder for you to understand the positive signs of Bitcoin future while it is in the market and apply the dollar cost averaging (DCA) method.

The question now is, when should we sell it..? Of course everyone has what is called a need at any time.

You should still holding on accumulation Bitcoin unless absolutely necessary, as long as you have a reliable source of income. It is better to keep holding Bitcoin unless emergency, as long as you have an ongoing source of income. You can sell from the decent holding profit in bullish periods to grow real assets but you should accumulate regularly and should be recovery the selling holding. Bitcoin holding until retirement.

Firstly, I think the real question should be, must you sell your bitcoin? So long as you have a major income source, there's no point thinking about when to sell your bitcoin stash. This is because it is easier to sell off your bitcoin than to buy back. Bitcoin investment is supposed to be a long term project aimed at retirement. There is no true answer to "When to sell your bitcoin". Unforseen circumstances may come up at anytime, you don't have to sell off your bitcoin immediately. What you do is to first exhaust all other possible means until you are left with no other option than to sell a part or in a very critical condition, all of your bitcoin.

Whatever makes a person to touch his bitcoin stash as long as he is still in active service most times come due to emergencies. I wouldn't also forget that some people in over accumulation stage can also choose to sell from the excesses to upgrade their life or give helping hands while they continue to accumulate back. Selling of your bitcoin should be done with absolute caution which would allow you invest the proceeds rightly.

[Barikui1]

Being able to know and how to read the current market price in Bitcoin chart is not a bad thing but as an investor it is not necessary because knowing how to do all that won't add anything to you and going dip to learn all these, I will say or believe you have an ulterior motive because an investor doesn't really need to learn or know all...  Moreover, knowing how to read Bitcoin charts won't make you know how your business is doing because anytime you entered your portfolio you can see everything there very bold and clear as a matter of fact, a long term investor is not even suppose to give a shit about how his or her portfolio is doing and you are sounding more like a trader because investors, long term per say don't really need these stuffs.

it is true that reading and analyzing market prices certainly does not hurt, even in my opinion it would be better if we could read price movement charts and others. but yes, for long-term investors, of course they will not focus too much on price charts, it will not be a problem because long-term investors are certainly the safest thing for them to harvest it someday after a long period of time.

Yea, it's true that reading and analyzing the price chart does not hurt, but your analysis should have no part to play in your decision in investing in Bitcoin because reading and analyzing the price chart are for traders not investors, our duty as a Bitcoin investor is to buy it once our discretionary income is available regardless of it price as at then, because right now Bitcoin might look very expensive in the eyes of many, but it's actually very cheap and will be a bargain in like 10 years time coming or more, so the best decision now is to buy and accumulate a very good stash of it, because that's what going to determine how profitable and successful you might be in the future.

 So in as much as you are reading and analyzing the price chart of Bitcoin, let it has no role to play in your decision making when buying and accumulating Bitcoin because waiting or trying to outsmart the market is fruitless and a total waste of time and effort, so it's best you act once your discretionary income is available.

[BlackBoss_]

Yea, it's true that reading and analyzing the price chart does not hurt, but your analysis should have no part to play in your decision in investing in Bitcoin because reading and analyzing the price chart are for traders not investors, our duty as a Bitcoin investor is to buy it once our discretionary income is available regardless of it price as at then

Why not, seriously may I ask you?

Nothing to be sure 100% even with Bitcoin, so even you are a long term Bitcoin investor and plan to have very diamond hands for holding your bitcoins, I believe that checking Bitcoin price chart is never bad. You are not a trader so you don't need to check Bitcoin price chart too regularly like daily, hourly, minute but let's say you must check it to know what is going on with the market and if a blackswan even happens with Bitcoin, you can exit your position.

It can be helpful if you manage your finance with a part for investment capital which is splitted into two smaller parts. One part is for your regular DCA and with this part you never mind about price. A second part is for dip buying and this requires you to check Bitcoin price for knowing when a dip happens.

[Spaceman1000$]

Our motivation to sell should not be driven by the profits we see in our investment, but the termination of our holding period. If we target profits only, then we are not much different from traders, rather you should be more focused on reaching your accumulation target and/or even attaining the status of over accumulation within our holding period. It is a very good practice to keep enlarging our portfolio regardless of market sentiments and movements since it enables us to remain focused and dedicated to our ongoing accumulation journey. When we have more than enough coins and the profits already compounded, it surely sounds like a better deal and by the end of our holding period (4-10 years or even more), we can choose to keep holding or if we are satisfied with our stash, we can initiate some sustainable withdrawal practices and gently begin to live off our bitcoin investments

I can never do that. No matter how much I collect, it's never enough and I never want to sell. I'm sure you won't want to sell after you've invested a lot of money into Bitcoin, because you'll regret it whenever you sell. Bitcoin is always finding a new top. Those who sell are always sorry. The best thing is to keep buying and never sell until you retire. If you are retired, of course, you can live a comfortable life by selling it piece by piece. But if you are still working, there is no reason to sell early if you are at a younger age.

I am very sure 1000%, for those who sell when the price goes up and make a profit will definitely regret it, I am very sure. Because I also felt this at the beginning, but over time I realized it because the increase in the price of Bitcoin will never end and the price will continue to rise past ATH and new ATH which is a very promising long-term investment if we continue to accumulate it by doing the DCA method and continue to hold it and as you said until retirement or old age is a good choice so that in old age we feel a peaceful, calm and also happy life especially in terms of finances with our beloved family. And this is enough for me as motivation for the future that must be done consistently because most parents in old age are always considered troublesome for their children and this must be a real motivation so that we do not bother them because of financial problems even those who will still need us.

Anyone who sells always at a slight rise would definitely, at one time or the other  run at lost or quit bitcoin investment. This is because no one has control over market behaviour. Bitcoin lost over $3k already today and could either loose more or gain by tomorrow. That's it's nature and that's what makes it unique. I have a friend who emptied his wallet due to the prolonged bear run that just ended. He is already in regrets now. We can't know it all and that's the beauty at all time.

One thing we need to understand about Bitcoin investment is that, for you to become successful as one of the crypto or Bitcoin investors, you need to take your eyes out of the market chart. Keeping your eyes on the price of Bitcoin could mislead us and can put phobia in us that could make us stop buying some units at a constant intervals. Obviously I can ready the market chart and make some analysis because I've traded the market many times which had made me realized that trading and investing at the same time could mislead us, especially making us to want to take opportunity of the slightest market reaction.

Holding has been the key to become a crypto profitable investor and this secret has been hidden from major people that intend to make more from the crypto market. I have learnt from the hard way which had enlightened me that buying and selling after a quick bull movement would always give us a small profit compared to what is ahead of us.

The bigger picture is what many of us should keep our eyes on rather than trying to take ignorant advantage of the market when price of Bitcoin starts going bull. We make more money by holding for a long time than taking short profits which is always a sign of hidden trap for greedy investors.

Being able to know and read the current market price in bitcoin chart is not overly a bad one as a bitcoin investor, this will equally helps to give a more clearer understanding of the progress of your investment. It’s not possible that someone will venture in a business without knowing how the business is actually doing at the moment so that you’ll be able to employ the best strategy to keep it going and keep track of your investments or bitcoin portfolio.

Being able to know and how to read the current market price in Bitcoin chart is not a bad thing but as an investor it is not necessary because knowing how to do all that won't add anything to you and going dip to learn all these, I will say or believe you have an ulterior motive because an investor doesn't really need to learn or know all...  Moreover, knowing how to read Bitcoin charts won't make you know how your business is doing because anytime you entered your portfolio you can see everything there very bold and clear as a matter of fact, a long term investor is not even suppose to give a shit about how his or her portfolio is doing and you are sounding more like a trader because investors, long term per say don't really need these stuffs.

it is true that reading and analyzing market prices certainly does not hurt, even in my opinion it would be better if we could read price movement charts and others. but yes, for long-term investors, of course they will not focus too much on price charts, it will not be a problem because long-term investors are certainly the safest thing for them to harvest it someday after a long period of time.

investing in btc is certainly very easy and certainly without having to look at the price, of course it will be safe because of course btc has great potential to have a bright future. but what is certain is that we must be prepared for the risk and of course only money that is ready to be lost is worth using to buy btc.

For what is worth, BTC is like every other appreciable asset that grows in value, you cannot say that only money that is ready to be lost is worth using to buy BTC, that's like referring to BTC like a gambler, where the risk of winning or losing is 50/50.  I want you to get this clear, a real estate developer that chooses to invest in real estate in a choice area knows that over time the value of his assets will grow and for that sake, whatever money he is using to invest in that asset is not worth losing but should rather appreciate in value. So bitcoin investment is like an asset that you are investing in and you know that in the future this asset will in return grow in value, and so far, Bitcoin has shown how magnificent it can be. Such doubtable mindset was in the early days of Bitcoin and not for todays reality that we've seen how powerful a Bitcoin asset can be.

[Jostern]

This method will increase your financial resilience and security. Bitcoin continuous accumulation and compounded buying tend to decrease UP price, the longer you keep depositing. A reminder for you to understand the positive signs of Bitcoin future while it is in the market and apply the dollar cost averaging (DCA) method.

The question now is, when should we sell it..? Of course everyone has what is called a need at any time.

You should still holding on accumulation Bitcoin unless absolutely necessary, as long as you have a reliable source of income. It is better to keep holding Bitcoin unless emergency, as long as you have an ongoing source of income. You can sell from the decent holding profit in bullish periods to grow real assets but you should accumulate regularly and should be recovery the selling holding. Bitcoin holding until retirement.

Your statement is quite confusing, At this point in time I think it’s just best we keep accumulating consistently and build our portfolio, I don’t think it is a good idea to sell our bitcoin when there is an emergency, for a newbie who doesn’t have an emergency funds it’s important that you should only invest with your discretionary funds and also build your emergency funds in due time, you don’t need to be over aggressive, but for someone who is an old invest it’ is also important you should already have an emergency funds to rely on when there is an emergency this can help you to keep accumulating consistently and hodl for a long time.

Right now I’m in total disagreement of selling our bitcoin before getting to our desired goal of hodl for a long term. Instead we should keep accumulating to hodl.

[Taskford]

Yea, it's true that reading and analyzing the price chart does not hurt, but your analysis should have no part to play in your decision in investing in Bitcoin because reading and analyzing the price chart are for traders not investors, our duty as a Bitcoin investor is to buy it once our discretionary income is available regardless of it price as at then

Why not, seriously may I ask you?

Nothing to be sure 100% even with Bitcoin, so even you are a long term Bitcoin investor and plan to have very diamond hands for holding your bitcoins, I believe that checking Bitcoin price chart is never bad. You are not a trader so you don't need to check Bitcoin price chart too regularly like daily, hourly, minute but let's say you must check it to know what is going on with the market and if a blackswan even happens with Bitcoin, you can exit your position.

It can be helpful if you manage your finance with a part for investment capital which is splitted into two smaller parts. One part is for your regular DCA and with this part you never mind about price. A second part is for dip buying and this requires you to check Bitcoin price for knowing when a dip happens.

Even if you didn't check the chart still you could see the latest price of Bitcoin so its no use to do it especially if your intention on Bitcoin is to accumulate then try to forget about it for a while.

But to be honest I don't usually check the chart now because I don't want to see something that can make me worried or bothered especially that we have a bearish trend which is somehow disturbing to see.

I just do DCA and will not bother to do unnecessary things.

[woez]

You post above is misleading and it can make newbies make some wrong moves that will lead them to regrets when they start their bitcoin accumulation journey. As a newbie, you are only to focus only buying bitcoin alone with your discretionary income with DCA for 4-10 years and above every week regularly, so that you can accumulate as many bitcoin as possible overtime. You don't have to sell for any reason because you are still a low coiner and need to grow your bitcoin portfolio to your target first.

Did you see the main title made by the OP above "Buy Buy Buy or Sell Sell Sell?" well, I took the end..because of what. there are quite a lot of speculators who always suppress the price, just look tonight a little bit of Jerome Powell talking about interest rates being lowered or maintained the market immediately reacted. We are not all rich people here.