Buy Buy Buy or Sell Sell Sell?

[nemesis_incarnate]

I want to ask you, are you sure you can buy it back at the price you are selling it for to reward yourself?
In fact, real holders never deplete their reserves unless they need cash.
They never deplete their reserves, and if it is Bitcoin, then it is not a problem since Bitcoin is going to be a strategic asset of the future.
When you spend your holdings in the hope of a small profit, you remember that you will not be able to profit a good amount of money in the future.

Different people do things differently.

Some think that cashing out at all on BTC is nonsense, some - that it's needed in order to realize some profits for themselves or to buy more later.

Reality is that each sees the ideal picture differently.

[Bluedrem]

I want to ask you, are you sure you can buy it back at the price you are selling it for to reward yourself?
In fact, real holders never deplete their reserves unless they need cash.
They never deplete their reserves, and if it is Bitcoin, then it is not a problem since Bitcoin is going to be a strategic asset of the future.
When you spend your holdings in the hope of a small profit, you remember that you will not be able to profit a good amount of money in the future.

Different people do things differently.

Some think that cashing out at all on BTC is nonsense, some - that it's needed in order to realize some profits for themselves or to buy more later.

Reality is that each sees the ideal picture differently.

Which reality seems more real to you?
Everyone can think differently, but
If everyone's thinking was correct, there would be no imperfection in the world.
I think that if I invest $1000 today, it will never decrease, and I will get $5000 from it in the morning, is this true?
Actually, you have to understand the reality.
So not all thoughts work when holding or trading.

[Jostern]

I don't know why some people who are into bitcoin investment has more of a profit mindset than accumulating and increasing their bitcoin portfolio overtime and see it grow constantly till they have accumulated their desired amount of bitcoin. Thinking more of profits can mislead an investor in his accumulation stage to the point that he might deviate from being a long term holder to a trader. When you start shaving little profits, it shows some sign of lack of seriousness in you to grow and build your bitcoin portfolio overtime because you are suppose to be increasing it and not decreasing it. You will also reduce the rate of the compounding value of your bitcoin overtime.

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

All depends on the targets put and what's up in the investor's life currently - some try to hodl as long as they can, some - put targets to realize their profits, no way is the correct one, there is only the ones that you wish to follow to achieve said goals, be it get more BTC or get profit from BTC in the long run and realize it.

I must say we all have our set goals towards making this investment, but some people are investing for a short term profit and are only interested in making quick profit and this are people that are only interested in making profit and they are traders not investors, But I must tell you that trading and being interested in profit is not really a so much preferred idea. Holding is the best way of investing and continuous accumulation, I wouldn’t tell you that bitcoin is risk free and there is no guarantee of making profit as well but either way you must continue accumulating and holding for a long term which I think it’s what is called Bitcoin investment.

[Derekfunds]

I want to ask you, are you sure you can buy it back at the price you are selling it for to reward yourself?
In fact, real holders never deplete their reserves unless they need cash.
They never deplete their reserves, and if it is Bitcoin, then it is not a problem since Bitcoin is going to be a strategic asset of the future.
When you spend your holdings in the hope of a small profit, you remember that you will not be able to profit a good amount of money in the future.

Different people do things differently.

Some think that cashing out at all on BTC is nonsense, some - that it's needed in order to realize some profits for themselves or to buy more later.

Reality is that each sees the ideal picture differently.

Which reality seems more real to you?
Everyone can think differently, but
If everyone's thinking was correct, there would be no imperfection in the world.
I think that if I invest $1000 today, it will never decrease, and I will get $5000 from it in the morning, is this true?
Actually, you have to understand the reality.
So not all thoughts work when holding or trading.

I think if I invest $1000  today, it will never decrease.
The above sentence is absolutely not true reason because you can not really tell what would happen to the price of Bitcoin after you invest that $1000.

I will get $5000 from it in the morning, is this true?
Answer: No it is not true, I don't think someone can invest $1000 and get $5000 in the following morning as profit because the amount of surge that will you give this profit is really a huge one, which is even rare to get unless it is a luck or something that was about to happen and don't go into Bitcoin investment with this mentality else you will either sell in loss or not achieving anything at all.

Mind you, if it is true and certain that after investing $1000 one will get $5000 profit the next morning I think everyone would have been doing that.

[Sticky Bomb]

I don't know why some people who are into bitcoin investment has more of a profit mindset than accumulating and increasing their bitcoin portfolio overtime and see it grow constantly till they have accumulated their desired amount of bitcoin. Thinking more of profits can mislead an investor in his accumulation stage to the point that he might deviate from being a long term holder to a trader. When you start shaving little profits, it shows some sign of lack of seriousness in you to grow and build your bitcoin portfolio overtime because you are suppose to be increasing it and not decreasing it. You will also reduce the rate of the compounding value of your bitcoin overtime.

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

All depends on the targets put and what's up in the investor's life currently - some try to hodl as long as they can, some - put targets to realize their profits, no way is the correct one, there is only the ones that you wish to follow to achieve said goals, be it get more BTC or get profit from BTC in the long run and realize it.

The bolded text should be an and and not or since accumulating more BTC would position you to get good profits from BTC in the long run. When you get more BTC, you stand the chance for a higher profit potential in the long-run since the compounding effect of bitcoin price appreciation over a long holding period would act on your investment. I feel the necessary targets to set and follow up with action as an investor that would put you in profit's way are accumulation target and long-term holding period. Any other target you put might not give a good result and you may likely loose or sell much BTC too soon than necessary.

Do not forget to buy bitcoin with discretionary income only and build out backup funds like emergency fund and other variances of backup funds to enable your investment survive for a long-term.

Mind you, if it is true and certain that after investing $1000 one will get $5000 profit the next morning I think everyone would have been doing that.

Nope, I wouldn't because that would be gambling rather than investing and I'm here to invest and not to gamble with my funds.

[Tonimez]

You have a good point but you are a bit confused or lack some right description of what you meant. The idea of DCA strategy doesn't make investing in bitcoin and expensive venture, infact, it makes it much easier to accumulate more bitcoin with less financial stress. DCA approach works best together with Discretionary income. Anyone that invests more than his stable income is either greedy or uninformed. It is not even advisable to invest all of your stable income into bitcoin to avoid stress. Emergency funds and backup funds are the key strength of holding your bitcoin stash. So you make provision for emergency funds and back up funds before investing in bitcoin. Emergency funds have no fixed amount, you only envisage what could sustain the period before your next income and then what is left is what you can willingly invest in bitcoin.

What exactly are you even saying here? Every other strategies or infact Bitcoin investment requires or works best with a discretionary income the reason being that that is the only way we can be investing and at the same time be taken care of other important needs without struggling, whichever strategy or of accumulation we are using be it Lump sum, DCA or buying the dip the investment money must be a discretionary income if not you are gambling rather than investing, my point is that our investment money should always come from the angle of a discretionary income meaning that you are not investing most or all of your income in to Bitcoin but just a Left over cash after ensuring that whatever that is considered to be your basic needs has already been taken care of.

Honestly, you gotta take care of your basic needs first before investing. Use the money you can afford to spare, not the money for rent or food. That way, you can invest without stressing about your daily needs. You'll be more calm and make better decisions.
A person needs to get their essential needs met first before they should invest that's why using their discretionary income is the best advised. It gives you financial stability and reduces stress because you have other needs tackled already and so you won't have anything to worry about or every think of going back to your investment or relying on it to survive.
Investing discretionary income is a responsible and sustainable approach to invest if you don't want to jeopardize the success of your investment because it ensure your basic needs are met.

The truth is that taking care of your basic needs is the first step to ensuring you make a better decision. A man with surrounding financial stress can not make a good decision at that point because he is stressed and desperate to find solutions. This is why bitcoin investment needs to be done strictly with the discretionary income through the DCA strategy. Investing in bitcoin means you have taken care of every other of your basic responsibilities and have made provisions for a little above minimal unforeseen circumstances through your back up funds and emergency funds. By so doing, your mind will be far from your bitcoin stash while growing it continuously. No bitcoin investor can go far without being financially knowledgeable.

[Popkon6]

The truth is that taking care of your basic needs is the first step to ensuring you make a better decision. A man with surrounding financial stress can not make a good decision at that point because he is stressed and desperate to find solutions. This is why bitcoin investment needs to be done strictly with the discretionary income through the DCA strategy. Investing in bitcoin means you have taken care of every other of your basic responsibilities and have made provisions for a little above minimal unforeseen circumstances through your back up funds and emergency funds. By so doing, your mind will be far from your bitcoin stash while growing it continuously. No bitcoin investor can go far without being financially knowledgeable.

That is why when an investor invests in Bitcoin, he will participate in the investment by thinking about different aspects, because even if he is under financial pressure, it is easy for that person to do the DCA method. Maybe he can collect Bitcoin worth less money weekly, but he should collect Bitcoin on a daily basis. If that person takes a break for a few weeks after starting Bitcoin investment, then the attention that was created in his Bitcoin investment may be lost.
For this, the regular DCA method and the income source of that person must be further improved, because if the Bitcoin investor can eliminate his bad habits such as drinking tea while sitting at a stall, eating nuts while sitting in the park, watching movies, sitting unnecessarily during work, etc., then he will definitely save $ 20 to $ 25 every week. And basically, if he invests $ 10 in 25 weeks, then if he can invest $ 30 to $ 35, then after a few days, the polio will be much bigger.
 However, while it is most important to adopt a strategy when investing in Bitcoin, the DCA method is easy to invest in for anyone who can follow it regularly.

[Sonia_123]

This is a slippery slope mindset, especially for newbies, to either slow down in their BTC accumulation or to develop expectations that they are going to be able to sell some of their BTC and buy back cheaper and to be better off by engaging in such a trading approach rather than ongoingly continuing to accumulate BTC until they have had reached enough or more than enough... which surely it could take a couple of cycles before many guys are even close to reaching such an accumulation strategy that selling some of their stash might even become part of their way of managing their bitcoin holdings.

If a guy has a bitcoin investment timeline of 4-10 years or longer, then many times he is still building his investment for 4-10 years, so quite a bit of his investment had not had any time to grow, unless he might have had been able to front load a decent amount of his investment (perhaps by reallocating from other investments?).

I am not opposed to the idea of selling some BTC on the way up and buying on the way down, yet it seems to me that any amounts of BTC that are sold should be so small that they are without expectations of buying back cheaper...  From my perspective, even when a guy reaches overaccumulation status, whenever he sells BTC he should not be expecting to buy back cheaper, unless he really has reached a status that he is ONLY selling clearly and unambiguously from overaccumulated coins.. , which I understand is not a clear description of what guys should do or how they should manage their BTC once they reach overaccumulation status, so guys have to figure out these kinds of formulas so that they do not end up in a situation where they had sold too much of their BTC too soon, which has historically been quite a common theme/happening in bitcoin.

I don't know why some people who are into bitcoin investment has more of a profit mindset than accumulating and increasing their bitcoin portfolio overtime and see it grow constantly till they have accumulated their desired amount of bitcoin. Thinking more of profits can mislead an investor in his accumulation stage to the point that he might deviate from being a long term holder to a trader. When you start shaving little profits, it shows some sign of lack of seriousness in you to grow and build your bitcoin portfolio overtime because you are suppose to be increasing it and not decreasing it. You will also reduce the rate of the compounding value of your bitcoin overtime.

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

Because their mindset and understanding of coming into Bitcoin is all about seeing Bitcoin as doubling their capital x10 within a short period of time and that is why you see a lot of them being impatient to invest and accumulate for a long-term of 4-10 years or more but rather run to trading which they end up regretting their actions or for those that decide to invest,at any point in time the price of Bitcoin drops they are scared of losing their money, so they sell of their coins without hesitation because of fear, these type of persons can be called passerby because they are not serious and have failed to understand the importance of Bitcoin in their lives  and the world at large.

[JayJuanGee]

This is a slippery slope mindset, especially for newbies, to either slow down in their BTC accumulation or to develop expectations that they are going to be able to sell some of their BTC and buy back cheaper and to be better off by engaging in such a trading approach rather than ongoingly continuing to accumulate BTC until they have had reached enough or more than enough... which surely it could take a couple of cycles before many guys are even close to reaching such an accumulation strategy that selling some of their stash might even become part of their way of managing their bitcoin holdings.

If a guy has a bitcoin investment timeline of 4-10 years or longer, then many times he is still building his investment for 4-10 years, so quite a bit of his investment had not had any time to grow, unless he might have had been able to front load a decent amount of his investment (perhaps by reallocating from other investments?).

I am not opposed to the idea of selling some BTC on the way up and buying on the way down, yet it seems to me that any amounts of BTC that are sold should be so small that they are without expectations of buying back cheaper...  From my perspective, even when a guy reaches overaccumulation status, whenever he sells BTC he should not be expecting to buy back cheaper, unless he really has reached a status that he is ONLY selling clearly and unambiguously from overaccumulated coins.. , which I understand is not a clear description of what guys should do or how they should manage their BTC once they reach overaccumulation status, so guys have to figure out these kinds of formulas so that they do not end up in a situation where they had sold too much of their BTC too soon, which has historically been quite a common theme/happening in bitcoin.

I don't know why some people who are into bitcoin investment has more of a profit mindset than accumulating and increasing their bitcoin portfolio overtime and see it grow constantly till they have accumulated their desired amount of bitcoin. Thinking more of profits can mislead an investor in his accumulation stage to the point that he might deviate from being a long term holder to a trader. When you start shaving little profits, it shows some sign of lack of seriousness in you to grow and build your bitcoin portfolio overtime because you are suppose to be increasing it and not decreasing it. You will also reduce the rate of the compounding value of your bitcoin overtime.

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

I doubt that there is any place in which I asserted that once a person reaches overaccumulation status, then buying back bitcoin would be the way to put them back into overaccumulation status.

The idea of overaccumulation status may well be difficult for guys to understand, since there are ways to sell from within overaccumulation in order to never go below overaccumulation status, especially since historically, the 200-WMA in bitcoin has gone up at least 17% per year , even in the lowest of years, so if you are selling less than the rate that the bitcoin is appreciating, then the BTC is appreciating faster than you are selling it, so therefore you should never go below overaccumulation status.

Of course, if you hardly have any cushion, and you are barely at overaccumulation status, then you might need to continue to buy more bitcoin in order to get to a larger stash, or if you just wait a month or two or even half a year (without buying and/or without selling), then your stash would likely appreciate to a high enough level that you have more of a cushion (an overaccumulation cushion) in order to start to withdraw from your bitcoin at your targeted (desired) rate.  Perhaps an example would be helpful, here?

Right now example Let's say that you have a goal to live on $80k per year income from your bitcoin, and you look at the 200-WMA compared with the spot price to figure out how many bitcoin you would need right now in order to meet that objective, and based on the 200-WMA, you see that right now you would need 16.615 bitcoin.

I would say that if you ONLY have 16.615, then you are barely at overaccumulation status, but if you have 17 BTC, the you would have 0.385 BTC extra (beyond overaccumulation status), and you could start to sell from your 0.385 BTC.. so surely it would be good to have more of a cushion so that you never drop out of overaccumulation status, yet if you do not want to accumulate any more bitcoin, then you could just wait a few months, and your 16.615 would be more than enough to start your withdrawal at a rate of $80k per year.

June 5, 2024 example: We can look back historically, and see that last year on this same date, at 22.605 BTC, you would have had needed nearly 6 bitcoin more last year as compared with this year in order to have had comfort in retaining the same withdrawal rate of $80k per year.  And, these are measurements of sustainable withdrawal from the 200-WMA valuation and not specifically going by spot price, even though surely the proceeds of your BTC sales would come from sales at spot price and receiving spot price.

Surely if you are nervous and you are not sure if you have enough bitcoin to begin withdrawing at your target rate ($80k per year in my example), then you either don't start withdrawing or you withdraw at a lower rate or you keep adding to your BTC.. and surely sometimes guys might have these kinds of concerns with their calculations since they want to make sure that their bitcoin holdings are sustainable in terms of their target withdrawal rate levels.

June 5, 2023 Example On June 5, 2023, (two years ago), you would have had needed 30.316 BTC in order to have had been comfortable to start to withdraw from your bitcoin at a rate of $80k per year.  Hopefully, you can see from these three examples of now versus 1 year ago versus 2 years ago that your withdraw of $80k per year (even if you might withdraw $6,666 per month) would not interfere with your bitcoin appreciating faster than the rate that you withdraw, even though I have proposed some reduction in the withdrawal rates during times that the BTC price is less than 25% higher than the 200-WMA... yet you also might not need to reduce your withdrawal rate as long as you have some level of extra cushion in your holdings (an extra level of overaccumulation, even 20% or more BTC than your target so that you might feel that you have a cushion and that you are always in overaccumulation status).

My ongoing suggestion has been to never sell more than your overaccumulation status to put yourself out of overaccumulatoin status or with an expectation of buying back cheaper, and sure, if you happen to be able to buy back cheaper because the BTC price drops after you had sold, then that is fine, but you should not be making BTC sales with expectations to buy back cheaper unless you are clearly and unambigously only selling from your overaccumulation amounts.. and you don't care if you end up with less bitcoin.

Let's say that right now you have 60% more than the amount of BTC that you need for overaccumulation status, which would be 26.584 BTC (16.615 BTC x 160%).  Most likely you would be able to play around with some of those extra (9.969) bitcoin with confidence that even if you lose them some of the extra 9.969 BTC, you are not going to go below your overaccumulation status.

[Tungbulu]

I totally agree with you and normally stable source of income is suppose to make one not to sell when there is fluctuation and discipline, target and determination play an important role here. Some people can do sell there investment even when there is no fluctuation in the market because they are not discipline, they don't have target but if someone has a target and he or she is discipline whether there is stable source of income or not they will keep holding accumulating because they will be determined to hit there desire target that is to say that selling when there is fluctuation is a mindset and a choice.

Knowledge brings needed resolve to continue to hodl appropriately and not drop your bags on the get-go.

Fluctuations are normal, dips and corrections - too.

They are part of the process

Knowing Bitcoin value keeps increasing long term by just simply looking on a zoom out chart makes it easy to hodl long term without the need to know more just for the sake of hodling.

It’s not bad also to partially take profit and re-invest later on as part of rewarding yourself so that you will not think on your investment most of the time especially when the price is increasing.

This is a slippery slope mindset, especially for newbies, to either slow down in their BTC accumulation or to develop expectations that they are going to be able to sell some of their BTC and buy back cheaper and to be better off by engaging in such a trading approach rather than ongoingly continuing to accumulate BTC until they have had reached enough or more than enough... which surely it could take a couple of cycles before many guys are even close to reaching such an accumulation strategy that selling some of their stash might even become part of their way of managing their bitcoin holdings.

If a guy has a bitcoin investment timeline of 4-10 years or longer, then many times he is still building his investment for 4-10 years, so quite a bit of his investment had not had any time to grow, unless he might have had been able to front load a decent amount of his investment (perhaps by reallocating from other investments?).

I am not opposed to the idea of selling some BTC on the way up and buying on the way down, yet it seems to me that any amounts of BTC that are sold should be so small that they are without expectations of buying back cheaper...  From my perspective, even when a guy reaches overaccumulation status, whenever he sells BTC he should not be expecting to buy back cheaper, unless he really has reached a status that he is ONLY selling clearly and unambiguously from overaccumulated coins.. , which I understand is not a clear description of what guys should do or how they should manage their BTC once they reach overaccumulation status, so guys have to figure out these kinds of formulas so that they do not end up in a situation where they had sold too much of their BTC too soon, which has historically been quite a common theme/happening in bitcoin.

I usually do not have any personal problems with individuals that decide to use whatever strategy and approach they feel suits best for them. but Generally, I have a major problem with individuals (especially the newbies) who often have and/or promote the flawed mindset of buying low and selling high. Yeah this approach can be pretty tempting for a lot of naive investors investing in Bitcoin but the OGs and those who really understand the technology can not only confirm but can also prove that...
1. attenpting to time the market isn't always the best choice when it comes to Bitcoin investment/accumulation, and
2. It pays more to have and maintain a long term outlook/perspective on the asset, and also that long term investors with a 4 to 10 years timeline who prioritizes consistent accumulation often tends to reach their financial goals and investment targets pretty faster.

I also have a problem with investors who also have the mindset of selling a part of their Bitcoin with intentions of buying back at a pretty lower price point, especially when they are still in the early stages of their accumulation journey. The only reason or time and investor should sell some of his BTC should actually be when he has already reached an overaccumulation status, but even at this point, it's still important to prioritize adopting a strategic withdrawal approach so to avoid selling way too much too soon.

I also believe that having a particular threshold for selling, or maybe a particular percentage of the overall stash or even a particular price target can also be an effective way for guys to potentially lock in profits while still maintaining a significant position in Bitcoin.
It's also very important for each investor to develop their own personal strategy, based on how they understand the market, their personal financial situation as well risk tolerance. A strategy that'll help them stay consistent in their accumulation and also help them to avoid making certain impulsive decisions based on the short term performance of the market.

✂️✂️✂️✂️

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

I doubt that there is any place in which I asserted that once a person reaches overaccumulation status, then buying back bitcoin would be the way to put them back into overaccumulation status.

Deciding to accumulate Bitcoin further (maybe less aggressively) after reaching a state of overaccumulation should be an individual decision, not really a strategy or an approach, or shouldn't be because it's a way to keep one's stash in that overaccumulation state, because this could be potentially achievable through prioritizing a strategic withdrawal approach and not necessarily to buy back whatever Bitcoin you must've sold from your stash.

[I_Anime]

I want to ask you, are you sure you can buy it back at the price you are selling it for to reward yourself?
In fact, real holders never deplete their reserves unless they need cash.
They never deplete their reserves, and if it is Bitcoin, then it is not a problem since Bitcoin is going to be a strategic asset of the future.
When you spend your holdings in the hope of a small profit, you remember that you will not be able to profit a good amount of money in the future.

Different people do things differently.

Some think that cashing out at all on BTC is nonsense, some - that it's needed in order to realize some profits for themselves or to buy more later.

Reality is that each sees the ideal picture differently.

Which reality seems more real to you?
Everyone can think differently, but
If everyone's thinking was correct, there would be no imperfection in the world.
I think that if I invest $1000 today, it will never decrease, and I will get $5000 from it in the morning, is this true?
Actually, you have to understand the reality.
So not all thoughts work when holding or trading.

To be honest investing is not something you just go into at first you have to have some certain principles you have to follow so that you won’t end up messing up the investment. There’s a big different between a trader from an investor. Traders usually focus on short term goals all they care about is how to make profits from the market waves .

While investors focus more on long term and in order for one to embark on such he or she have to make proper planning that will help them build their investment as time goes . The reason why some folks usually give up too early is because, they usually go into bitcoin investment with the wrong mindset thinking all they need is to hold bitcoin for a year or two and they are good enough to go, and the truth is that it doesn’t work that way you have to first build your bitcoin stash through accumulation.

[Bluedrem]

To be honest investing is not something you just go into at first you have to have some certain principles you have to follow so that you won’t end up messing up the investment. There’s a big different between a trader from an investor. Traders usually focus on short term goals all they care about is how to make profits from the market waves .

While investors focus more on long term and in order for one to embark on such he or she have to make proper planning that will help them build their investment as time goes . The reason why some folks usually give up too early is because, they usually go into bitcoin investment with the wrong mindset thinking all they need is to hold bitcoin for a year or two and they are good enough to go, and the truth is that it doesn’t work that way you have to first build your bitcoin stash through accumulation.

If someone thinks that I have some money now, I will build a house with it, but it will take 2-1 years to do that, so I invest that money in crypto.

I would say this is a wrong step, if you do not have enough money, you do not need to invest in crypto.

You invest it in other sectors or keep it in the bank.

You need to plan long-term when holding crypto, especially Bitcoin.

For this, the amount of money left after your spending money should be invested in Bitcoin on a weekly, monthly or annual basis.
And in this way, you should make up your mind that you can hold the stored Bitcoin in any condition until you reach the final goal.

[Moreno233]

I want to ask you, are you sure you can buy it back at the price you are selling it for to reward yourself?
In fact, real holders never deplete their reserves unless they need cash.
They never deplete their reserves, and if it is Bitcoin, then it is not a problem since Bitcoin is going to be a strategic asset of the future.
When you spend your holdings in the hope of a small profit, you remember that you will not be able to profit a good amount of money in the future.

Different people do things differently.

Some think that cashing out at all on BTC is nonsense, some - that it's needed in order to realize some profits for themselves or to buy more later.

Reality is that each sees the ideal picture differently.

Your statement is limit supporting what is wrong under the disguise of freedom. In Bitcoin investment, you don't do the wrong thing and say that everyone have the liberty to do as they please because you will just run into problems. The essence of threads like this is to teach people the right thing so they can do better and be happy in the future.

The right thing is to buy Bitcoin with only discretionary income so that they will not be under pressure to cash out all their Bitcoin at any time. If they sell all their Bitcoin, they will run out of Bitcoin thereby defeating long term hold which is the recommended way of going about Bitcoin. If you have no discretionary income, then it is time to find a job or look for way of improving your finances before thinking about investing in Bitcoin.

[BlackBoss_]

The right thing is to buy Bitcoin with only discretionary income so that they will not be under pressure to cash out all their Bitcoin at any time. If they sell all their Bitcoin, they will run out of Bitcoin thereby defeating long term hold which is the recommended way of going about Bitcoin. If you have no discretionary income, then it is time to find a job or look for way of improving your finances before thinking about investing in Bitcoin.

If you see basic and chronic unsolvable issues from governments, central banks and fiat currencies with inflation and considerable decline of fiat currency purchasing power, you will try to find alternatives that have less inflationary rates or no inflationary or deflationary.

Bitcoin is inflationary too but its inflationary rate is halved every 210,000 Bitcoin blocks that last about 4 years. Inflation rate halves while Bitcoin adoption rate possibly soars more than two-fold every four years, and this imbalance between new supply and demand will create buying pressure on the market, so that Bitcoin price will be lifted up naturally by new participtans, demands and capital they add into the market.

Equivalent Network Time is a topic that visualizes effects of Bitcoin block reward halves on time to buy same 1 bitcoin over time and cycles.

[fikrett]

Your statement is limit supporting what is wrong under the disguise of freedom. In Bitcoin investment, you don't do the wrong thing and say that everyone have the liberty to do as they please because you will just run into problems. The essence of threads like this is to teach people the right thing so they can do better and be happy in the future.

The right thing is to buy Bitcoin with only discretionary income so that they will not be under pressure to cash out all their Bitcoin at any time. If they sell all their Bitcoin, they will run out of Bitcoin thereby defeating long term hold which is the recommended way of going about Bitcoin. If you have no discretionary income, then it is time to find a job or look for way of improving your finances before thinking about investing in Bitcoin.

Not all Bitcoins should be sold up on the way up, because, yeah, clearly, more would be lost than achieved doing things like that: however, making mistakes, although they can be avoided, is the best way to learn and remember what was done wrongly.

And, sure, a stable job and income mean a stable investment process.

[Futurexxx]

Your statement is limit supporting what is wrong under the disguise of freedom. In Bitcoin investment, you don't do the wrong thing and say that everyone have the liberty to do as they please because you will just run into problems. The essence of threads like this is to teach people the right thing so they can do better and be happy in the future.

The right thing is to buy Bitcoin with only discretionary income so that they will not be under pressure to cash out all their Bitcoin at any time. If they sell all their Bitcoin, they will run out of Bitcoin thereby defeating long term hold which is the recommended way of going about Bitcoin. If you have no discretionary income, then it is time to find a job or look for way of improving your finances before thinking about investing in Bitcoin.

Not all Bitcoins should be sold up on the way up, because, yeah, clearly, more would be lost than achieved doing things like that: however, making mistakes, although they can be avoided, is the best way to learn and remember what was done wrongly.

And, sure, a stable job and income mean a stable investment process.

You don't necessarily need to sell anything from your holdings if you are still in your accumulation stage because by thinking that you can outsmart the market is unwise, because by selling some of your holdings for minimal gains, thinking to buy back when it dip you are practically selling off most of your future revenue for peanut today which will make no much difference on your finances now, and you may never buy at that dip you thought you might get, so it's a move that should be avoided by all means.
Take note that am not against selling or taking profit from your Bitcoin holdings, but let it never be done when you are still in your accumulation stage.

[CageMabok]

I want to ask you, are you sure you can buy it back at the price you are selling it for to reward yourself?
In fact, real holders never deplete their reserves unless they need cash.
They never deplete their reserves, and if it is Bitcoin, then it is not a problem since Bitcoin is going to be a strategic asset of the future.
When you spend your holdings in the hope of a small profit, you remember that you will not be able to profit a good amount of money in the future.

If you refer to a belief in buying Bitcoin, of course no one can be sure whether he will be able to buy Bitcoin at the same price after he sells it back into the market. Because currently there are many countries, world banks and also institutional companies that have started to look at Bitcoin and even some of them have bought it at this time. This means that Bitcoin is already considered the best asset and is also in the top five assets that already have a fairly large market cap volume, so this has become an impetus to attract more people's attention to Bitcoin.

Different people do things differently.

Some think that cashing out at all on BTC is nonsense, some - that it's needed in order to realize some profits for themselves or to buy more later.

Reality is that each sees the ideal picture differently.

There is no guarantee that anyone will be able to buy more Bitcoin in the future unless the person is still willing to increase the amount of money again when they want to buy more Bitcoin in the future. Because the increase in the price that has been seen in Bitcoin will be a trigger that most people who have sold Bitcoin must be willing to increase their fund allocation again if they want to buy more with the amount they have released into the market. And as an example to motivate yourself is to look at the company Microstrategy which always buys Bitcoin more often without thinking too much about when they will sell it again.

[Bd officer]

......
You invest it in other sectors or keep it in the bank.

You need to plan long-term when holding crypto, especially Bitcoin.
......

Do you recommend keeping money in the bank? If you keep money in the bank, inflation will reduce the value of your money day by day. So I do not like keeping money in the bank. Now you do not need a lot of money to invest in Bitcoin, if you have a source of income, then you can buy Bitcoin on a weekly or monthly basis in the DCA method. In this way, if you continue to invest in the DCA method continuously for 8-10 years, then at some point your investment amount will be very large. So I think instead of keeping money in the bank, it would be better to try to buy Bitcoin in the DCA method according to your ability with a long-term plan.

[ultrloa]

Your statement is limit supporting what is wrong under the disguise of freedom. In Bitcoin investment, you don't do the wrong thing and say that everyone have the liberty to do as they please because you will just run into problems. The essence of threads like this is to teach people the right thing so they can do better and be happy in the future.

The right thing is to buy Bitcoin with only discretionary income so that they will not be under pressure to cash out all their Bitcoin at any time. If they sell all their Bitcoin, they will run out of Bitcoin thereby defeating long term hold which is the recommended way of going about Bitcoin. If you have no discretionary income, then it is time to find a job or look for way of improving your finances before thinking about investing in Bitcoin.

Not all Bitcoins should be sold up on the way up, because, yeah, clearly, more would be lost than achieved doing things like that: however, making mistakes, although they can be avoided, is the best way to learn and remember what was done wrongly.

And, sure, a stable job and income mean a stable investment process.

You don't necessarily need to sell anything from your holdings if you are still in your accumulation stage because by thinking that you can outsmart the market is unwise, because by selling some of your holdings for minimal gains, thinking to buy back when it dip you are practically selling off most of your future revenue for peanut today which will make no much difference on your finances now, and you may never buy at that dip you thought you might get, so it's a move that should be avoided by all means.
Take note that am not against selling or taking profit from your Bitcoin holdings, but let it never be done when you are still in your accumulation stage.

If you are not in profit especially if they are starting up then its bad decision to sell since they are losing if they are doing that and months of efforts will be wasted, then provably they would regret doing this decision especially if the market moves up.

This is why its important to have emergency funds so that if there's emergency situation they can use this funds and they won't think about selling their Bitcoins.

Although there's nothing wrong to sell especially if they think about selling a little percentage of their profit because they really have important thing to spend their money with. But if there's no like this exist and they are just thinking about selling better not to do it and much good for them to focus their attention on buying more Bitcoins since there are chance that they could earn more from it in future.

[Jostern]

I don't know why some people who are into bitcoin investment has more of a profit mindset than accumulating and increasing their bitcoin portfolio overtime and see it grow constantly till they have accumulated their desired amount of bitcoin. Thinking more of profits can mislead an investor in his accumulation stage to the point that he might deviate from being a long term holder to a trader. When you start shaving little profits, it shows some sign of lack of seriousness in you to grow and build your bitcoin portfolio overtime because you are suppose to be increasing it and not decreasing it. You will also reduce the rate of the compounding value of your bitcoin overtime.

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

All depends on the targets put and what's up in the investor's life currently - some try to hodl as long as they can, some - put targets to realize their profits, no way is the correct one, there is only the ones that you wish to follow to achieve said goals, be it get more BTC or get profit from BTC in the long run and realize it.

I must say we all have our set goals towards making this investment, but some people are investing for a short term profit and are only interested in making quick profit and this are people that are only interested in making profit and they are traders not investors, But I must tell you that trading and being interested in profit is not really a so much preferred idea. Holding is the best way of investing and continuous accumulation