Buy Buy Buy or Sell Sell Sell?

[laijsica]

Personally, I don't see any reason for newbies to be focusing on profits, since it could take 4 to 10 years or longer to establish a position, unless they able to front load their investment.

Bitcoin is amongst the best, if not the best investment available, so I am not sure what purpose is achieved by attempting to trade it rather than merely accumulate it until arriving at a point of overaccumulation.

Is just that most folks usually bring their trading mentality into bitcoin thinking that they are playing it smart and same time misleading others, when you want to really enjoy your bitcoin investment you would have to put in the work first which is accumulate till you have reach your accumulation goal , then you can choose to scrape some profits while you keep holding .

Once you have gotten to your accumulation selling all your bitcoin won’t be smart either rather you can choose to be taken some certain percentage from rather than just selling what take you years to build once, bitcoin investment is all about building.

It cannot be denied that most people want to enter the market with a trading mindset and among them, the number of new traders is relatively high. Among those who enter the Bitcoin market there may be a significant number of investors who are already at a loss in terms of choosing the right currency and could not keep their capital properly and in the right place. Most newbies have the mentality of getting high profits in a short time.
The frustration of shitcoins trading has renewed their focus on saving Bitcoin and those investors continue to increase their focus on building their successful future with Bitcoin. To enjoy Bitcoin investment you should accumulation in the DCA method. You should accumulate continuously and keep a long-term focus in this method. If in a week the amount of Bitcoin accumulation is less than your ability or you do not have to deposit, you can recover it the next week, but if you have the habit to getting any digit of Bitcoin regularly, you will continue a huge fraction of Bitcoin stash in the future.

[Catenaccio]

After reaching the accumulation limit of more than say 10 years of doing it and bitcoin is already in the range of $500K, it will sell bitcoin partly for sale because the goal has been fulfilled from the initial investment plan.
So I will not continue to hold for as long as possible, there is a time to sell but now is still not the time because it is still planting and until the harvest arrives after 10 years.

It's not like accumulation limit, it is more like your own defined accumulation cap that can be changed if you want to continue. Limit is something you are not able to break out by lacking of available investment capital for example. Cap is defined by yourself and might not be restricted financially so it's easily for you to change your investment cap.

In other words, you might struggle in increasing your investment limit by working harder for more investment capital, and you might even fail with your attempt. In contrast, if you have available investment capital, you will easily increase your investment cap anytime and the matter only is whether you want to do this or not.

When your investment portfolio is big enough and already runs very well with profit, you can withdraw part of your profit. It's good and together with how you manage your finance and investment capital, your financial status would be good enough even you don't withdraw your profit. As a good investment management is not using all money you have for investment, so let's imagine if you apply it well, when your investment capital is big enough, your finance beyond that investment portfolio would be good and healthy too.

[JayJuanGee]

Personally, I don't see any reason for newbies to be focusing on profits, since it could take 4 to 10 years or longer to establish a position, unless they able to front load their investment.

Bitcoin is amongst the best, if not the best investment available, so I am not sure what purpose is achieved by attempting to trade it rather than merely accumulate it until arriving at a point of overaccumulation.

Is just that most folks usually bring their trading mentality into bitcoin thinking that they are playing it smart and same time misleading others, when you want to really enjoy your bitcoin investment you would have to put in the work first which is accumulate till you have reach your accumulation goal , then you can choose to scrape some profits while you keep holding .

Once you have gotten to your accumulation selling all your bitcoin won’t be smart either rather you can choose to be taken some certain percentage from rather than just selling what take you years to build once, bitcoin investment is all about building.

It seems to me that if a person spends 4-10 years or longer building his bitcoin investment, then at some point along the way, he will start to figure out ways to manage those holdings, whether it is maintaining them or starting to sustainably withdrawal from them, and I don't really think of sustainable withdrawal as profit taking, even though technically it is profits since it is most likely that we would be in profits after 4-10 years or longer investing into bitcoin, yet it is not guaranteed that we will be in profits either.. So we could end up not being in profits, and so then i suppose whatever might be our status might affect whether we continue to accumulate bitcoin or maybe we choose to just hold through it or if we might either get out of the investment.

Surely the size of our bitcoin stash and perhaps our other investments that you have and/or income sources and/or various life circumstances will help to inform each of us how we might want to proceed under a variety of circumstances in which we are assessing the performance of our bitcoin holdings as one of the (9) personal factors.

Even in our earlier years of investing into bitcoin we might look at BTC prices and/or our level of profitability, yet our way of planning should go beyond profitability in terms of figuring out what it is that we might need to do to increase our discretionary income and/or to be able to buy more bitcoin in various ways that is sufficiently aggressive and focused, yet without overdoing it. We want to be able to survive 4-10 years or longer and to still have most (if not all) of the bitcoin that we had stacked along the way, instead of saying that I used to have 30 bitcoin, yet now I only have 5 bitcoin due to mistakes of "selling too many too soon." Sure the statements right now are likely to be different from the statements in the future when the amounts of bTC that are able to be accumulated over 4-10 years or longer may well be a lot fewer than the quantity of bitcoin that were able to be accumulated by guys who started out at various earlier times... a guy who started in 2013 will likely have had been able to accumulate more BTC than a guy who started in 2016 as compared with a guy who started accumulating in 2019 as compared with a guy who stared in 2022 as compared with a guy who started accumulating BTC in 2025... each 3 years makes a difference in terms of how much focus a guy might have had in accumulating bitcoin, and if the guy is just coming into bitcoin in 2025, then he cannot go back to 2013, 2016, 2019 or 2022, and even guys who were in bitcoin at those earlier dates, and if they ended up making a lot of mistakes, they can ONLY fix their mistakes from today.  They cannot go back in time and to accumulate bitcoin as they should have had done, if their mistake had been that they had been too whimpy in their BTC accumulation or if they were fucking around with trading rather than accumulating through focusing on buying.

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

After reaching the accumulation limit of more than say 10 years of doing it and bitcoin is already in the range of $500K, it will sell bitcoin partly for sale because the goal has been fulfilled from the initial investment plan.
So I will not continue to hold for as long as possible, there is a time to sell but now is still not the time because it is still planting and until the harvest arrives after 10 years.

If you engage in various forms of sustainable withdrawal, then there is no need to think in terms of selling your bitcoin, but instead figuring out ways to sustainably withdraw whether price based and/or time based ways of executing.

Even if you are in your accumulation phase it does not hurt to think ahead in terms of how many BTC that you believe that you might need, yet as you are accumulating bitcoin, you can also ongoingly measure and to figure out systems that help to inform you about how many bitcoin that you need based on you expectation of the standard of living that you want to maintain and/or other factors that likely differ for guys who might transition out of accumulation and into maintenance prior to transitioning into either liquidation or sustainable withdrawal, even though surely I think that sustainable withdrawal may well start to become practical even once a guy gets to his maintenance stage - especially price based.. I talk about both price-based and/or time-based sustainable withdrawal ideas in my sustainable withdrawal thread

I have a hard time imagining bitcoin to ONLY be in the $500k price range 10 years from now, even though the 200-WMA may well be around that $300k to $600k range, yet the 200-WMA is considered a bottom price, so bitcoin prices seem to spend an overwhelming majority of their time 25% or higher than the 200-WMA.... yet of course, there are no guarantees either.  You can see my somewhat outdated projection of the 200-WMA (listed as BTC bottom) in my fuck you status chart.

[Cossyblack]

As it is said - the best time to buy BTC is the current day we are in

And if we have money that we wish to invest and we're ready for it.

There are no perfect entries, because each one would become perfect if we hodl long enough.  

Someone who's trying to find the perfect entry will never find it. All they'll find is perfect disappointment that they have never bought today.

Waiting for the perfect entry before investing in bitcoin and build a portfolio is a bad strategy. Because the perfect timing might never come and while you continue waiting for the perfect timing, you are wasting time to build a portfolio and accumulate. If we have money to invest in bitcoin there is no time to wait is just to invest in bitcoin and continue accumulating consistently with a perfect strategy.
 

Why timing the market when you cannot predict it,for me it's a bad approach for an investor. Timing the market isn't a good strategy for a long term investor because while waiting, he will start slowing down his accumulation pace and since the price of bitcoin varies overtime and the price eventually start pumping,the changes in price may even force him to buy Bitcoin at a higher rate especially when he had the opportunity of buying it at a lower rate because he was waiting for the perfect timing. Since the market is very unpredictable,a smart thinking investor wouldn't waste his time timing the market, rather than doing that, he would be more focused on the key thing which is To Buy consistently & Hodl. An investor should be more interested in his accumulating of Bitcoin strategically and consistently using his discretional income and shouldn't stress himself mentally and emotionally with the fluctuated movements of the markets.

I don't think they is any strategy that's perfect as they're no perfect strategy use in accumulating Bitcoin. Every strategy has his own flaws regardless on how it works.

[Tamaperdana]

As an investor, you have no business monitoring the market price; your main concern should be to accumulate as much bitcoin as you can. Although there is nothing wrong with following up on the price of bitcoin, the reason for this shouldn't be solely because of the bitcoin you have as an investment. You can choose to track the price of bitcoin to observe its historical movements. The truth is that as an investor you can't do without knowing what is happening in the market because the price of bitcoin is an integral part of discussions about bitcoin. However, for those who intend to hodl bitcoin, looking at the market won't make them sell because they understand where they are heading.

Yes, a Bitcoin investor must certainly focus on accumulating his Bitcoin, but monitoring the Bitcoin market occasionally is certainly not wrong with that action. Because, an investor must also know the development of the assets he has invested in, as well as Bitcoin.

Whether occasionally or not In my opinion I don't feel like monitoring the market is a wise idea, because most of this investors that get used to monitoring the market today Once have this mindset of doing it occasionally but at some point they became used to it, which is why most of them decide to sell off there bitcoin in panick,  So  monitoring the market is not supposed to be recommended here. However Bitcoin is now primarily regarded as a store of value, and also considering the uptrend of bitcoin, this is supposed to be enough reasons why we shouldn't keep disturbing ourselves in trying to monitor the market, for me I feel like monitoring the market is a waste of time regardless to how Investors choose to do it...........and for how long will you continue monitoring the market when you and I already know that bitcoin investment involves holding it for long term? I personally think that this method is only recommended for traders and not bitcoin investors.

Yes, I have said in my reply, don't be too serious when looking at the Bitcoin market price because it can certainly disturb our concentration a little. But if you think that looking at the bitcoin price is not good at all and should not be done, I think your assumption is not quite right in my opinion. Because just think about how someone can buy bitcoin without having to look at the price on the exchange, and looking at the price does not mean buying bitcoin is fixated on the price. Because for example, people who do DCA once a week or once every 2 weeks, it is certain that when they accumulate they will definitely look at the bitcoin market price. So looking at the bitcoin market price that I mean is like that and not looking at it continuously every day or even every hour.

In addition, people who sell their bitcoins because they are afraid that the price will go down or because they have made a small profit, I think people like that even though they rarely look at the market, I dare to guarantee they will still make the same mistake. Because this context is basically about our mindset, the capital we use, and our intentions at the beginning when we want to invest in bitcoin. So don't blame it that it was caused by often looking at the bitcoin market price.

[Barikui1]

As it is said - the best time to buy BTC is the current day we are in

And if we have money that we wish to invest and we're ready for it.

There are no perfect entries, because each one would become perfect if we hodl long enough.  

Someone who's trying to find the perfect entry will never find it. All they'll find is perfect disappointment that they have never bought today.

Waiting for the perfect entry before investing in bitcoin and build a portfolio is a bad strategy. Because the perfect timing might never come and while you continue waiting for the perfect timing, you are wasting time to build a portfolio and accumulate. If we have money to invest in bitcoin there is no time to wait is just to invest in bitcoin and continue accumulating consistently with a perfect strategy.
 

Why timing the market when you cannot predict it,for me it's a bad approach for an investor. Timing the market isn't a good strategy for a long term investor because while waiting, he will start slowing down his accumulation pace and since the price of bitcoin varies overtime and the price eventually start pumping,the changes in price may even force him to buy Bitcoin at a higher rate especially when he had the opportunity of buying it at a lower rate because he was waiting for the perfect timing. Since the market is very unpredictable,a smart thinking investor wouldn't waste his time timing the market, rather than doing that, he would be more focused on the key thing which is To Buy consistently & Hodl. An investor should be more interested in his accumulating of Bitcoin strategically and consistently using his discretional income and shouldn't stress himself mentally and emotionally with the fluctuated movements of the markets.

The actual fact is that those people timing the market before buying Bitcoin are mostly traders that have the intention of selling for minimal gains, because no  long term investor will think and act in such a manner, because he knows that the price of Bitcoin now is way too cheap comparing to how much it might get up to in the future.
Secondly, by timing the market before making a purchase of Bitcoin, you might a whole lot of buying opportunities that may present itself because you may thought that the price may go deeper.

I don't think they is any strategy that's perfect as they're no perfect strategy use in accumulating Bitcoin. Every strategy has his own flaws regardless on how it works.

Am just curious to know bro, what are the flaws of the DCA accumulating strategy?
Because in my own opinion it's the best and the most convenient way of accumulating Bitcoin because you will have the opportunity to buy at every price interval, on your own pace and even the lowest part of the dip that someone timing the market might miss due to the fact that he was hesitant if the price will go deeper or not, so I don't think that the DCA accumulating strategy has any serious flaws if it ever have one in the first place.

[Aanuoluwatofunmi]

It seems to me that if a person spends 4-10 years or longer building his bitcoin investment, then at some point along the way, he will start to figure out ways to manage those holdings, whether it is maintaining them or starting to sustainably withdrawal from them, and I don't really think of sustainable withdrawal as profit taking, even though technically it is profits since it is most likely that we would be in profits after 4-10 years or longer investing into bitcoin, yet it is not guaranteed that we will be in profits either.. So we could end up not being in profits, and so then i suppose whatever might be our status might affect whether we continue to accumulate bitcoin or maybe we choose to just hold through it or if we might either get out of the investment.

Its a good thing to be an investor who could afford taking time enough over holding his investment, not to even withdraw from it  if possible because bitcoin can stand the test of time and we get more opportunity on building our portfolio at this, we should ensure that we are investing by having the understanding of what it takes to hodl on the market, even when the market dips, it will rise again, a good example close to us now is from the last month experience as the market was rented to bearish trend down to $74,000 before pumping back at $97,000 and we may still go more higher form here, investors should learn to hold in summary as we also build up our portfolio the same time.

[Y3shot]

I think holding and continuing to buy.. .and continuing to buy is likely one of the better things to do to continue to reinforce the practice of accumulating bitcoin until reaching a status  of sufficient or overaccumulation.. which surely I think will take many normies 4-10 years or longer to reach such status of overaccumulation unless they are able to either front load their bitcoin investment or perhaps to be able to invest into bitcoin at high levels of their income.

Having bitcoin is the best thing one can ever think of to be financially stable. Accumulating it is not difficult, as some people think; it is very easy to do so. If people are so comfortable in holding fiat, I don't see why they shouldn't hodl bitcoin comfortably for years, which will yield good profit. The DCA method is there for investors to accumulate bitcoin easily with just the amount that they can afford consistently. Bitcoin investment is a good opportunity indeed that shouldn't be taken for granted because it is an investment that everyone can partake in. It doesn't discriminate, selecting only those who are financially capable; it is an investment for everyone, irrespective of what one earns as income. It is high time for people to learn how to be patient to hodl comfortably and get good profit investing in bitcoin.

[SuperBitMan]

I think holding and continuing to buy.. .and continuing to buy is likely one of the better things to do to continue to reinforce the practice of accumulating bitcoin until reaching a status  of sufficient or overaccumulation.. which surely I think will take many normies 4-10 years or longer to reach such status of overaccumulation unless they are able to either front load their bitcoin investment or perhaps to be able to invest into bitcoin at high levels of their income.

If people are so comfortable in holding fiat, I don't see why they shouldn't hodl bitcoin comfortably for years, which will yield good profit.

You are right some set of people says holding fiat is different from holding Bitcoin because when you are holding fiat there will not be a time when your amount of money will reduce but that in Bitcoin your money can reduce at any time because of it volatile nature but what they forget to understand is that fiat reduce in value and when fiat value is reduce it means your money has no much value anymore like before what you can buy with $1 may now cost you $2.
In my country right now our currency value has been reduced because of economy issues and when you want to buy anything you now you have to use a bigger amount, for example if you where buying TV for $20 before in my country is now $50 and this is one of the disadvantage of holding fiat and again holding fiat those not add any profit but holding Bitcoin those and if you are very much consistent and patient in Bitcoin it can change your life and make you financially stable.

[Stormisover]

I think holding and continuing to buy.. .and continuing to buy is likely one of the better things to do to continue to reinforce the practice of accumulating bitcoin until reaching a status  of sufficient or overaccumulation.. which surely I think will take many normies 4-10 years or longer to reach such status of overaccumulation unless they are able to either front load their bitcoin investment or perhaps to be able to invest into bitcoin at high levels of their income.

Having bitcoin is the best thing one can ever think of to be financially stable. Accumulating it is not difficult, as some people think; it is very easy to do so. If people are so comfortable in holding fiat, I don't see why they shouldn't hodl bitcoin comfortably for years, which will yield good profit. The DCA method is there for investors to accumulate bitcoin easily with just the amount that they can afford consistently. Bitcoin investment is a good opportunity indeed that shouldn't be taken for granted because it is an investment that everyone can partake in. It doesn't discriminate, selecting only those who are financially capable; it is an investment for everyone, irrespective of what one earns as income. It is high time for people to learn how to be patient to hodl comfortably and get good profit investing in bitcoin.

Bitcoin investment is not just for everybody there is an exception to this, those struggling to take care of their basic needs that doesn't have a discretionary income is not eligible to invest in Bitcoin, your financial capability must be strong enough to take care of your important needs before considering investing in Bitcoin because that is the only way you can buy and hold for long term, Bitcoin is good and can be profitable over long term but it is not just for everyone as you said, we can only make  it more clear and understandable when we say that Bitcoin offers equal opportunity for anyone that is ready to invest because anyone is allow to invest within their own level of discretionary income, because you saying that Bitcoin investment is an investment for everyone it might include those that doesn't discretionary income and those that have which is wrong.

[asarfiar]

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

It is very fully full of long -term investment for every investor to have such an attitude. From my point of view I see Bitcoin as a hold structure for a life time. I am investing in a way that helps me keep forever and extraI decide for partial sales in any situation through savings In this way, the plan cannot create any obstacles in my original worship.

I think that if Bitcoin is a relatively new class resource, it would be reasonable if an investor decided to sell after 4-10 years. Because many people want to cash out the quality of life and to improve the quality of life and to think about leisure plan.

[Ricardo11]

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

After reaching the accumulation limit of more than say 10 years of doing it and bitcoin is already in the range of $500K, it will sell bitcoin partly for sale because the goal has been fulfilled from the initial investment plan.
So I will not continue to hold for as long as possible, there is a time to sell but now is still not the time because it is still planting and until the harvest arrives after 10 years.

If an investor can continue to invest in Bitcoin through DCA for the next 10 years, he can definitely get very good results. Bitcoin will continue to become more valuable and stronger in the coming days, and Bitcoin can also cross the $1M milestone in the next 10 years or there is a good possibility of it.
All in all, there is no alternative to long-term holding, in short-term trading, the amount of money a trader earns and the amount of money he loses, his losses will be greater in the long run, because the possibility of losses is much higher there.
So the success of Bitcoin is just the beginning, it will achieve even more more bigger milestones in the future, so if an investor can maintain his holding for the long term, he can definitely achieve much greater success than his expectations.

[mumang siat]

Is just that most folks usually bring their trading mentality into bitcoin thinking that they are playing it smart and same time misleading others,

 A person's mentality in targeting trade has very detailed measurements, not everyone is able to analyze to play with the market, I think this is good to avoid for those who are lay in this matter.

when you want to really enjoy your bitcoin investment you would have to put in the work first which is accumulate till you have reach your accumulation goal , then you can choose to scrape some profits while you keep holding .

 Yes of course, an investor who speculates to get much bigger profits they have to work much harder, and identify it very systematically in paying attention to their assets, with this an investor can enjoy the results slowly, and of course this is a big profit.

Once you have gotten to your accumulation selling all your bitcoin won’t be smart either rather you can choose to be taken some certain percentage from rather than just selling what take you years to build once, bitcoin investment is all about building.

 Maybe the perspective of an investor is different, taking the results in speculation taking a percentage is a smart action, they can still build their bitcoin investment, perfect accumulation can be done by a wise investor.

[Futurexxx]

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

I think that if Bitcoin is a relatively new class resource, it would be reasonable if an investor decided to sell after 4-10 years. Because many people want to cash out the quality of life and to improve the quality of life and to think about leisure plan.

I see this your statement here like someone with a myopic idea and thinking,  because you can't just be selling off all your holdings just because you think that you have hold up to a circle or more, 4-10 years is too small in my own opinion to get something huge from your investment that can change your financial status forever, no, it's only if your stash of Bitcoin is very huge that you can get something good out of it, because in my own perspective, the best way to approach Bitcoin investment is to go through your accumulation stage first, true the dca accumulating strategy, which might take up to 10years or more , then after then you can decide on the number of years you can hold, after that time has elapsed, you might decide to start taking profit, but take note that selling off all your holdings, something you use years to accumulate and become a no coiner overnight is not wise in my own opinion , you should be taking profit gradually, bot selling all at once.

[michellee]

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

After reaching the accumulation limit of more than say 10 years of doing it and bitcoin is already in the range of $500K, it will sell bitcoin partly for sale because the goal has been fulfilled from the initial investment plan.
So I will not continue to hold for as long as possible, there is a time to sell but now is still not the time because it is still planting and until the harvest arrives after 10 years.

If an investor can continue to invest in Bitcoin through DCA for the next 10 years, he can definitely get very good results. Bitcoin will continue to become more valuable and stronger in the coming days, and Bitcoin can also cross the $1M milestone in the next 10 years or there is a good possibility of it.
All in all, there is no alternative to long-term holding, in short-term trading, the amount of money a trader earns and the amount of money he loses, his losses will be greater in the long run, because the possibility of losses is much higher there.
So the success of Bitcoin is just the beginning, it will achieve even more more bigger milestones in the future, so if an investor can maintain his holding for the long term, he can definitely achieve much greater success than his expectations.

It will be personal decision to continue investing in Bitcoin through DCA while they don't sell their Bitcoin after 10 years or so. But if they want to take their initial investment funds, they can do that after reaching the accumulation limit time especially if at that time, Bitcoin price is at $500K or more. But again, people are free to sell their investment anytime they want especially if they are already making a big profit because some people do that with their Bitcoin investment. But they need to still hold a big portion of Bitcoin amount for the long term and accumulate when the price drops deeper so they will have more chances to have more Bitcoin.

[Futurexxx]

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

After reaching the accumulation limit of more than say 10 years of doing it and bitcoin is already in the range of $500K, it will sell bitcoin partly for sale because the goal has been fulfilled from the initial investment plan.
So I will not continue to hold for as long as possible, there is a time to sell but now is still not the time because it is still planting and until the harvest arrives after 10 years.

If an investor can continue to invest in Bitcoin through DCA for the next 10 years, he can definitely get very good results. Bitcoin will continue to become more valuable and stronger in the coming days, and Bitcoin can also cross the $1M milestone in the next 10 years or there is a good possibility of it.
All in all, there is no alternative to long-term holding, in short-term trading, the amount of money a trader earns and the amount of money he loses, his losses will be greater in the long run, because the possibility of losses is much higher there.
So the success of Bitcoin is just the beginning, it will achieve even more more bigger milestones in the future, so if an investor can maintain his holding for the long term, he can definitely achieve much greater success than his expectations.

It will be personal decision to continue investing in Bitcoin through DCA while they don't sell their Bitcoin after 10 years or so. But if they want to take their initial investment funds, they can do that after reaching the accumulation limit time especially if at that time, Bitcoin price is at $500K or more. But again, people are free to sell their investment anytime they want especially if they are already making a big profit because some people do that with their Bitcoin investment. But they need to still hold a big portion of Bitcoin amount for the long term and accumulate when the price drops deeper so they will have more chances to have more Bitcoin.

This is my exact sentiment here buddy, selling all at once is like saying that you are no longer interested in making money or you are saying indirectly that you will be dieing tomorrow, so their will be no point having any Bitcoin anywhere, because even Elon musk the richest man in the world now is still investing, because he is still looking to make more money, so why selling off all your investment and start afresh if he is going to start again at all.

[bitzizzix]

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

After reaching the accumulation limit of more than say 10 years of doing it and bitcoin is already in the range of $500K, it will sell bitcoin partly for sale because the goal has been fulfilled from the initial investment plan.
So I will not continue to hold for as long as possible, there is a time to sell but now is still not the time because it is still planting and until the harvest arrives after 10 years.

If an investor can continue to invest in Bitcoin through DCA for the next 10 years, he can definitely get very good results. Bitcoin will continue to become more valuable and stronger in the coming days, and Bitcoin can also cross the $1M milestone in the next 10 years or there is a good possibility of it.
All in all, there is no alternative to long-term holding, in short-term trading, the amount of money a trader earns and the amount of money he loses, his losses will be greater in the long run, because the possibility of losses is much higher there.
So the success of Bitcoin is just the beginning, it will achieve even more more bigger milestones in the future, so if an investor can maintain his holding for the long term, he can definitely achieve much greater success than his expectations.

It will be personal decision to continue investing in Bitcoin through DCA while they don't sell their Bitcoin after 10 years or so. But if they want to take their initial investment funds, they can do that after reaching the accumulation limit time especially if at that time, Bitcoin price is at $500K or more. But again, people are free to sell their investment anytime they want especially if they are already making a big profit because some people do that with their Bitcoin investment. But they need to still hold a big portion of Bitcoin amount for the long term and accumulate when the price drops deeper so they will have more chances to have more Bitcoin.

Of course $500K is a very extraordinary target and will certainly generate huge profits for investors who start before 2020 or even this year and also certainly candidates to be crowned billionaires if they continue to accumulate in any way to increase ownership for 10 years and when the price of Bitcoin reaches $500K they will be satisfied with the profits they get which I think is legitimate if they want to sell some of the profits they get, or sell their initial funds to be able to enjoy or realize something very valuable including doing business or opening a business that still makes money. And I think when these investors see the results of patience and trust in Bitcoin will make them continue to do the same thing, continue to own Bitcoin and continue to accumulate for the next target and the profits obtained previously but become a motivation to continue to do the same thing and even increase their periodic purchases when they have additional income created from Bitcoin profits. And this is my view and motivation for Bitcoin.

[dolbayob]

Of course $500K is a very extraordinary target and will certainly generate huge profits for investors who start before 2020 or even this year and also certainly candidates to be crowned billionaires if they continue to accumulate in any way to increase ownership for 10 years and when the price of Bitcoin reaches $500K they will be satisfied with the profits they get which I think is legitimate if they want to sell some of the profits they get, or sell their initial funds to be able to enjoy or realize something very valuable including doing business or opening a business that still makes money. And I think when these investors see the results of patience and trust in Bitcoin will make them continue to do the same thing, continue to own Bitcoin and continue to accumulate for the next target and the profits obtained previously but become a motivation to continue to do the same thing and even increase their periodic purchases when they have additional income created from Bitcoin profits. And this is my view and motivation for Bitcoin.

500k is possible but not in short term. Maybe in 5 to 10 years it's more reachible.
Take a look at people 5-10 years ago and compare their expectations with today's prices. You will see same mentality. A lot of people didn't believe today's price back then.
500k is nothing different. So just buy buy buy until we prove all doubters wrong again.

[Jostern]

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

After reaching the accumulation limit of more than say 10 years of doing it and bitcoin is already in the range of $500K, it will sell bitcoin partly for sale because the goal has been fulfilled from the initial investment plan.
So I will not continue to hold for as long as possible, there is a time to sell but now is still not the time because it is still planting and until the harvest arrives after 10 years.

You are absolutely right there is always time to sell. And I don’t think that we can keep holding for a lifetime, The primary goal of someone that is investing in bitcoin should be accumulating for as long as 4-10 years then at that point you have achieved your goals and you can try selling little by little so you don’t have to sell all your investments. At this point a newbie should be more interested in accumulating and getting to over accumulating.

[Gost ms]

This is my exact sentiment here buddy, selling all at once is like saying that you are no longer interested in making money or you are saying indirectly that you will be dieing tomorrow, so their will be no point having any Bitcoin anywhere, because even Elon musk the richest man in the world now is still investing, because he is still looking to make more money, so why selling off all your investment and start afresh if he is going to start again at all.

It is foolish to sell your entire investment after the investment period ends. Because you have been investing for a long time and you have kept your holdings until your time limit ends. If you sell your holdings after that, then you will have to start investing again and you will have to wait until your time limit ends to sell your holdings. But if you do not sell your entire holdings, you can sell some amount of holdings during your need period which will be able to meet your needs. If you can keep your holdings in this way, then it will be good for you.