Buy Buy Buy or Sell Sell Sell?

[MrNata]

It is difficult for investors to invest in Bitcoin consistently and increase their investment over time, but it is easy to sell their investment. So, not all investors are successful in holding their investment for a long time. There are some investors who are very serious about investing in the beginning, but later they do not have that serious attitude, due to which their investment becomes irregular. If we want to do something with our heart, then we will definitely do it. It is certain that those who fail to hold their investment for a long time do not actually give their full attention to long-term investment, due to which they cannot do this work.

We have to eat every day, go to the doctor if we are sick, go there every day if we work, study, go to university, etc. But we do not exclude them because they are very important in our lives.
We should give as much importance to investment as we give to medical treatment, job, education.
If we can give so much importance to investment, then I think no investor's investment will be irregular and every investor will be successful by investing in a long-term plan.

[Jostern]

There is a loss in the value of our holdings, but we do not lock in our losses by selling, but instead we should be keeping on buying and have systems in place to keep buying until we have enough or more than enough, and that can take a couple of cycles to start to get to that point where we are starting to feel that we have enough or more than enough

I must say you’re absolutely right, definitely there are times when we have to encounter some losses in the value of our holdings, but I would say there is no a time we should dwell on our amount of looses, especially when there are time constraints and uncertainty and downturn, the is a time where we should be motivated to continue buying more bitcoin and stack up bitcoin into our portfolio, I think our level of stacking bitcoin should be tremendous with buying and holding, because I’m sure when there is a downturn in the market, should be an opportunity and an extra motivation to keep buying and holding more bitcoin into our portfolios.

As time goes on we should achieve our goals of buying and accumulating more bitcoin with our plans of one or two circle depending on what we can achieve.

[Lembo69]

Basic knowledge is important for every newbie that wants to enter Bitcoin investment, without knowledge they will be alarmed if after they buy and they notice reduced value. If you don't have the knowledge that Bitcoin is volatile it can be disturbing for you as a newbie. Although a person that starts newly to .

Some important things for those who are new to investing in Bitcoin:
First, you need to know what Bitcoin is and how the blockchain works. You need to understand whether it is decentralized or centrally controlled and what are the factors that cause price fluctuations. It is important to accept the fact that market prices are unknown and uncertain.

Bitcoin is very volatile; therefore, it is better to think about it from a long-term perspective. Generally, it is seen that if you have a stable strategy and consistent investment for 4-10 years, you have the opportunity to get big dividends. The most important thing to take this path is determination, patience and discipline—because you have to learn over time, learn from mistakes and adjust your strategy.

In short: don't rush; invest with a plan, regularly and patiently—this is the real way to achieve long-term profits.

[MusaPk]

Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment. 

Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.

I still don't think it's a good idea to sell your Bitcoin with intention of buying them back later. Those who follow this strategy will only get few bucks of profit and they deny themselves from the real profit which Bitcoin gives in the long run.

We are not sure when bull and bear season will start and end. Even if you are accumulating Bitcoins for last 5 years there is no way you can ascertain that when bear season will be starting. Our first target must be to be gather enough Bitcoins and that requires considerable time. Once you have enough Bitcoins and you think you are getting enough profit then you might think of shorting some. But that will require at least 10 years.   

[Just Common]

Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment. 

Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.

I still don't think it's a good idea to sell your Bitcoin with intention of buying them back later. Those who follow this strategy will only get few bucks of profit and they deny themselves from the real profit which Bitcoin gives in the long run.

We are not sure when bull and bear season will start and end. Even if you are accumulating Bitcoins for last 5 years there is no way you can ascertain that when bear season will be starting. Our first target must be to be gather enough Bitcoins and that requires considerable time. Once you have enough Bitcoins and you think you are getting enough profit then you might think of shorting some. But that will require at least 10 years.   

I want to say that those who are using Bitcoin. Their first goal should be to plan for long-term Bitcoin. As the days go by, Bitcoin is increasing in popularity. Different countries are showing interest in buying Bitcoin and are stocking up Bitcoin with sufficient planning. They are waiting for something good ahead.

[ASloveapg]

Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment. 

Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.

I still don't think it's a good idea to sell your Bitcoin with intention of buying them back later. Those who follow this strategy will only get few bucks of profit and they deny themselves from the real profit which Bitcoin gives in the long run.

We are not sure when bull and bear season will start and end. Even if you are accumulating Bitcoins for last 5 years there is no way you can ascertain that when bear season will be starting. Our first target must be to be gather enough Bitcoins and that requires considerable time. Once you have enough Bitcoins and you think you are getting enough profit then you might think of shorting some. But that will require at least 10 years.   

Repeatedly selling and then buying when the price drops again, this is trading, those who keep this kind of thinking in mind, they will never be able to achieve real success in Bitcoin. Those who have this kind of buying and selling mentality will most of the time face more losses, because the market will never move according to their expectations, so you will have to face unexpected losses. The real power of Bitcoin is actually revealed over time in the long term, it will behave unstable in the short term, no one can say when and in which direction it will go, but from the perspective of being in long term, only then will we understand its real profit. Decide to hold at least 1 cycle of Bitcoin, you can hold 2-3 cycles according to your ability, the more you can hold, the better success you will achieve. The market will never make you rich overnight because it will never suddenly become bullish like you expect, it grows over time, that's why we must maintain a long-term mindset here, those who can understand Bitcoin and believe in its potential and hold it for the long way, they will ultimately be the real winners. 

[sotelorene]

Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment. 

Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.

I still don't think it's a good idea to sell your Bitcoin with intention of buying them back later. Those who follow this strategy will only get few bucks of profit and they deny themselves from the real profit which Bitcoin gives in the long run.

We are not sure when bull and bear season will start and end. Even if you are accumulating Bitcoins for last 5 years there is no way you can ascertain that when bear season will be starting. Our first target must be to be gather enough Bitcoins and that requires considerable time. Once you have enough Bitcoins and you think you are getting enough profit then you might think of shorting some. But that will require at least 10 years.   

I want to say that those who are using Bitcoin. Their first goal should be to plan for long-term Bitcoin. As the days go by, Bitcoin is increasing in popularity. Different countries are showing interest in buying Bitcoin and are stocking up Bitcoin with sufficient planning. They are waiting for something good ahead.

You are absolutely correct, in any business or Investment in life one should always set a target or goal before any other thing but setting a goal and target sometimes is not what matters the most rather what matters the most is you working persistently and very hard to achieve that goal or target. I believe everyone in this world has dream, target, goal etc but some are unable to get it and the reason behind this is because they are not consistent, they are not working towards it though some are working but they are not working harder because at some point you need to stretch yourself because nothing is easy so we should try as much as possible to work hard after setting and defining our goal.

[Alonso_]

You are right that frequently traders talk about their trade as if they were investing, so they might not really realize the difference, and sure they are trying to build up their trading capital so they can consider the whole thing to be an investment, but surely the terms can frequently overlap and be confusing and even misleading in terms of figuring out the differences in approaches.

They should be well aware that they are making huge mistakes, like making this trade and feel like it’s something that is ultimate in their bitcoin trading journey, which I think trading is never an investment, and if they feel it’s an investment then I must say it’s a huge gamble and a mistake on their own side and doesn’t know enough things about how to invest in bitcoin and it’s an ignorant act, well it’s totally a misleading approach on buying bitcoin with the intention of trading.

[Joy- maker]

It is difficult for investors to invest in Bitcoin consistently and increase their investment over time, but it is easy to sell their investment. So, not all investors are successful in holding their investment for a long time. There are some investors who are very serious about investing in the beginning, but later they do not have that serious attitude, due to which their investment becomes irregular. If we want to do something with our heart, then we will definitely do it. It is certain that those who fail to hold their investment for a long time do not actually give their full attention to long-term investment, due to which they cannot do this work.

you are very wrong here buddy, because it is not difficult for investors with long term mindset to invest bitcoin consistently and increase their  bitcoin investment over the time. and I don't see any bitcoin investor with long term mindset selling his or her bitcoin investment at early stage of accumulation or anytime soon. And normally there are no guarantees that all bitcoin investors must be successful in their bitcoin holding on the long run. And I don't see any users here who have known about the potentials in bitcoin that won't give his or her full heart and attention to long term bitcoin investment and take his or her bitcoin accumulating very serious until he or she  accumulate a good portion of it and then hold it for long term 4 to 10 years or longer.

[Agbamoni]

It is difficult for investors to invest in Bitcoin consistently and increase their investment over time, but it is easy to sell their investment.

I dont agree to this. You are making it look complicated for newbies who would want to start their bitcoin investment journey. It is very easy to hold your Bitcoins for the long term if the investor follows every rules discipline accordingly. First by identifying their goals and the choosing a strategy. Remember, an investors needs to have his income sorted out before now. If the income is low, no need to start the investment rather it is to fix it until they have a stable income that will allow consistent accumulation. Failure to address this might result to tampering of investment.

On the other hand, you dont need a steady flow of income, what is more important is having a stable discretionary income to invest in Bitcoin. As time goes by, your discretionary income can increase and you can allocate more percentage into Bitcoin.

[JayJuanGee]

[edited out]

You are absolutely correct, in any business or Investment in life one should always set a target or goal before any other thing but setting a goal and target sometimes is not what matters the most rather what matters the most is you working persistently and very hard to achieve that goal or target.

We should set some goals that are within the realm of attainability, but they do not need to be specifically known to be attainable, but to give us a direction, so the further out the goal the more difficult to be specific.

In regards to bitcoin, let's say that a guy is fairly young (maybe starting out career and mid-20s) and maybe attended some university and/or trade schools and so is fairly early in his career.. maybe he is starting out with an income of $25k but with promotions and cost of living adjustments, he expects to be earning $50k to $60k in 8-10 years, and so he might consider that if he invests in bitcoin for 8-10 years, he might be able to retire in 15-20 years... and perhaps sooner, but he is going to start by putting 15% to 25% of his income into bitcoin, and he will also build up his emergency funds and also his reserve funds.. which he is already working towards such goals that involve weekly buying of bitcoin and maybe adjusting it to make sure that he is not going beyond his discretionary income... and so every few years, he might tweak his goals and/or verify if he still might be aiming to reach his goals.. and he could maybe make adjustments to his goals or his timeline as needed, even though he continues to make progress within parameters that he had already set earlier.

I believe everyone in this world has dream, target, goal etc but some are unable to get it and the reason behind this is because they are not consistent, they are not working towards it though some are working but they are not working harder because at some point you need to stretch yourself because nothing is easy so we should try as much as possible to work hard after setting and defining our goal.

With the passage of years guys can run across obstacles or even competing goals, and even a young guy might be meeting girls and considering entering a relationship, yet there could be compatibility questions that he is trying to figure out, but that the girls that he meets might have some influences on his finances and his activities and even discussing some goal setting matters that he may or may not share all of his goals, including all of his bitcoin-related goals.  How much to share is not completely going to be known in advance, so there could be some challenges and even job changes or even location changes that were not known in advance.

[Albert David]

Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment. 

Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.

I still don't think it's a good idea to sell your Bitcoin with intention of buying them back later. Those who follow this strategy will only get few bucks of profit and they deny themselves from the real profit which Bitcoin gives in the long run.

We are not sure when bull and bear season will start and end. Even if you are accumulating Bitcoins for last 5 years there is no way you can ascertain that when bear season will be starting. Our first target must be to be gather enough Bitcoins and that requires considerable time. Once you have enough Bitcoins and you think you are getting enough profit then you might think of shorting some. But that will require at least 10 years.   

I want to say that those who are using Bitcoin. Their first goal should be to plan for long-term Bitcoin. As the days go by, Bitcoin is increasing in popularity. Different countries are showing interest in buying Bitcoin and are stocking up Bitcoin with sufficient planning. They are waiting for something good ahead.

You are absolutely correct, in any business or Investment in life one should always set a target or goal before any other thing but setting a goal and target sometimes is not what matters the most rather what matters the most is you working persistently and very hard to achieve that goal or target. I believe everyone in this world has dream, target, goal etc but some are unable to get it and the reason behind this is because they are not consistent, they are not working towards it though some are working but they are not working harder because at some point you need to stretch yourself because nothing is easy so we should try as much as possible to work hard after setting and defining our goal.

We should buy Bitcoin for the long term, and put a lot of effort into it, people succeed because of hard work! So we should be careful when we buy Bitcoin for the long term, sell it when the price goes up, then they can make a very good profit

[JayJuanGee]

Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment.  

Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.

I still don't think it's a good idea to sell your Bitcoin with intention of buying them back later. Those who follow this strategy will only get few bucks of profit and they deny themselves from the real profit which Bitcoin gives in the long run.

We are not sure when bull and bear season will start and end. Even if you are accumulating Bitcoins for last 5 years there is no way you can ascertain that when bear season will be starting. Our first target must be to be gather enough Bitcoins and that requires considerable time. Once you have enough Bitcoins and you think you are getting enough profit then you might think of shorting some. But that will require at least 10 years.    

I want to say that those who are using Bitcoin. Their first goal should be to plan for long-term Bitcoin. As the days go by, Bitcoin is increasing in popularity. Different countries are showing interest in buying Bitcoin and are stocking up Bitcoin with sufficient planning. They are waiting for something good ahead.

You are absolutely correct, in any business or Investment in life one should always set a target or goal before any other thing but setting a goal and target sometimes is not what matters the most rather what matters the most is you working persistently and very hard to achieve that goal or target. I believe everyone in this world has dream, target, goal etc but some are unable to get it and the reason behind this is because they are not consistent, they are not working towards it though some are working but they are not working harder because at some point you need to stretch yourself because nothing is easy so we should try as much as possible to work hard after setting and defining our goal.

We should buy Bitcoin for the long term, and put a lot of effort into it, people succeed because of hard work! So we should be careful when we buy Bitcoin for the long term, sell it when the price goes up, then they can make a very good profit

You sound confused Albert David .  You say buy for the long term but sell when the price goes up.  That does not sound like buying for the long term to me.  

How long do you consider to be long term?  and how much profit do you want to have when you sell the bitcoin you bought?  When you sell are you planning to buy back at a lower price?  how do you make any progress in building your bitcoin holdings (for the long term) if you have goals of selling when the price goes up?

There have been guys buying bitcoin for years and their profits are 3x, 5x, 10x, 50x, 100x, etc etc.. depending on when they got in and how long it might have had taken them to build their bitcoin position.

Some guys can build their bitcoin position in a short period of time, such as less than a year, but most people (who are really long term), it may well take them a couple of cycles to build their position, with each cycle being 4 years.

[bitcoin_mining]

We should buy Bitcoin for the long term, and put a lot of effort into it, people succeed because of hard work! So we should be careful when we buy Bitcoin for the long term, sell it when the price goes up, then they can make a very good profit

Your comment should be clarified, first you commented that we should buy Bitcoin in a long-term plan, then at the end you commented that we should buy Bitcoin cautiously and sell Bitcoin when the price of Bitcoin increases. If we have to sell Bitcoin as the price increases, then please clarify here how it is a long-term investment plan. We actually do not know what we mean by long-term investment, first learn about investment and then learn how to invest in Bitcoin in a long-term plan. Those who invest in a long-term plan do not really think about selling, rather those investors think about how they will increase their investment further and how they will ensure continuous investment. If Bitcoin is bought at a low price and sold at some profit, then it can never be considered as an investment, rather you can consider it as a small profit trading.

For a clear idea about investment, you can read the various discussions in this section carefully, especially you can follow the suggestions of JayJuanGee, by doing this your idea about investment will be clear.

[Bigjoe33]

We should buy Bitcoin for the long term, and put a lot of effort into it, people succeed because of hard work! So we should be careful when we buy Bitcoin for the long term, sell it when the price goes up, then they can make a very good profit

Your comment should be clarified, first you commented that we should buy Bitcoin in a long-term plan, then at the end you commented that we should buy Bitcoin cautiously and sell Bitcoin when the price of Bitcoin increases. If we have to sell Bitcoin as the price increases, then please clarify here how it is a long-term investment plan. We actually do not know what we mean by long-term investment, first learn about investment and then learn how to invest in Bitcoin in a long-term plan. Those who invest in a long-term plan do not really think about selling, rather those investors think about how they will increase their investment further and how they will ensure continuous investment. If Bitcoin is bought at a low price and sold at some profit, then it can never be considered as an investment, rather you can consider it as a small profit trading.

For a clear idea about investment, you can read the various discussions in this section carefully, especially you can follow the suggestions of JayJuanGee, by doing this your idea about investment will be clear.

Yea, according to JayJuanGee, he sounds confused. But I believe he has been cleared with the explanations giving to him about long term. He is a newbie and it's okay to make such mistakes in understanding about Bitcoin investment. I would hope he reads and gets it clearer because buying and selling when the price of Bitcoin pumps higher leaves us at nothing in the nearest future.

At first, why did we start buying, is it not to build up our Bitcoin holdings, with a long term in view?  So if the price pumps high with few months of our accumulation, we sell immediately, and begin again?, from scratch? No way. We must know that any increase in price at the present is still to our gain because the Bitcoin accumulated is still our own, we are in charge, it goes no where, even though it dips, it's for some moments as Bitcoin always fluctuates, and we are certain that it will appreciate. So why sell because of immediate increase or gain? The more we Hodl, the more possiblity of future greater profit. The real beauty of Bitcoin investment is in buying and Hodl, and a cycle and more will do the miracle(4-10 years or more)

[Barikui1]

You sound confused Albert David .  You say buy for the long term but sell when the price goes up.  That does not sound like buying for the long term to me.  

How long do you consider to be long term?  and how much profit do you want to have when you sell the bitcoin you bought?  When you sell are you planning to buy back at a lower price?  how do you make any progress in building your bitcoin holdings (for the long term) if you have goals of selling when the price goes up?

There have been guys buying bitcoin for years and their profits are 3x, 5x, 10x, 50x, 100x, etc etc.. depending on when they got in and how long it might have had taken them to build their bitcoin position.

Some guys can build their bitcoin position in a short period of time, such as less than a year, but most people (who are really long term), it may well take them a couple of cycles to build their position, with each cycle being 4 years.

You are right sir, without a doubt he is confusing himself the more, buying and selling when the price goes up can never be classified as a long term investment, it's mostly traders that does such thing, and most times they sell to soon and misses out on opportunity, while sometimes they panic and sell at a loss because they can't be patient with their Bitcoin investment recovering back to where it fell from, and it's only traders that does that not Investors.

Another thing that I think that plays a role in this is ignorance, most newbies investors thinks that the best way to go about their Bitcoin investment is to buy and sell when the market appreciate, they don't just know that by trading their Bitcoin for minimal gains, it's no longer investment, it's pure trading, and until they are taught the right path, that's how they will keep on approaching their Bitcoin investment thinking it's the right thing to do, not knowing that they are wasting valuable opportunities that would have been used to build a huge big stash of Bitcoin, which might change their financial status forever.

[Silikiem]

If the income is low, no need to start the investment rather it is to fix it until they have a stable income that will allow consistent accumulation.

I’m finding your statement here quite contradictory in respect to getting started In bitcoin accumulation and investment in the sense that, I  don’t think one need to have a stable income or high income before getting started with your bitcoin accumulation and investment as you have said in your statement above. Having a low income shouldn’t be an excuse or reason why someone who’s desirous to invest in bitcoin shouldn’t go ahead and getting started with his or her bitcoin accumulation and investment. I think if the income is low, then the individual should also cut down on his or her expenses especially in spending on frivolities so as to be able to sort out his primary financial obligations first and then figure out a discretionary income to start accumulating and investing in bitcoin.
What is only needed to getting started with bitcoin accumulation is to figure out a discretionary income, you don’t need to have all the money in the world before getting started in bitcoin accumulation because you’re not buying all the bitcoin, even as low as $5 one can accumulate bitcoin and hold for the long term goal. The DCA method of accumulation have made it very simple and easy for everyone to be able to afford bitcoin accumulation weather you’re a low income earner or a high income earner. I’ve always advised newbies who are desirous to invest in bitcoin to get started in accumulating bitcoin first no matter the level of income as far as they are able to figure out a discretionary income and along the line they can start working on improving their income and finances and build up their emergency funds which will further help to keep them afloat financially while accumulating bitcoin and hold for the long term goal.

[ChocolateBitcoinK]

Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?

The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment. 

Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.

I still don't think it's a good idea to sell your Bitcoin with intention of buying them back later. Those who follow this strategy will only get few bucks of profit and they deny themselves from the real profit which Bitcoin gives in the long run.

We are not sure when bull and bear season will start and end. Even if you are accumulating Bitcoins for last 5 years there is no way you can ascertain that when bear season will be starting. Our first target must be to be gather enough Bitcoins and that requires considerable time. Once you have enough Bitcoins and you think you are getting enough profit then you might think of shorting some. But that will require at least 10 years.   

I want to say that those who are using Bitcoin. Their first goal should be to plan for long-term Bitcoin. As the days go by, Bitcoin is increasing in popularity. Different countries are showing interest in buying Bitcoin and are stocking up Bitcoin with sufficient planning. They are waiting for something good ahead.

The supply of Bitcoin is limited and the demand is constantly increasing over time, most people are only thinking about accumulating as much Bitcoin as possible, they never think about selling, so its acceptance is constantly increasing, so there is a high possibility that it will be much bigger in the future. Every bitcoin investor who hold large, they understands the future potential of Bitcoin, and this is why the big institutions and countries that are adopting Bitcoin on a large scale, their plans are only long-term. So those who are patient here and set long-term goals, they will be able to achieve its real benefits in the future.

[Jostern]

We should buy Bitcoin for the long term, and put a lot of effort into it, people succeed because of hard work! So we should be careful when we buy Bitcoin for the long term, sell it when the price goes up, then they can make a very good profit

You seems to be missing things up here, first of all you said we should be buying bitcoin and hodl for a long term, which is quite a good thing that you have said, because buying bitcoin and accumulating on a consistent basis is a good idea of investment.

When you said sell it when the price goes up which is quite surprising after your first statement, I think you should have a better mindset because you sound confused and that isn’t holding of bitcoin for a long term, what is really your definition of buying bitcoin for a long term, how long do you intend to hold bitcoin that should be a long term for you, and how are you sure about making profit in your own definition of long term.

Some folks even hold bitcoin for 4-5 years and they will realize they haven’t had enough bitcoin or making profits into their portfolio, and they’ve not stacked enough bitcoin, which profits isn’t a guarantee, that is why some folks would consider buying consistently and aggressively when they have the discretionary amount to be aggressive, some guys would still go for two circle because one circle wasn’t enough for them making enough profit.

[avp2306]

I want to say that those who are using Bitcoin. Their first goal should be to plan for long-term Bitcoin. As the days go by, Bitcoin is increasing in popularity. Different countries are showing interest in buying Bitcoin and are stocking up Bitcoin with sufficient planning. They are waiting for something good ahead.

The supply of Bitcoin is limited and the demand is constantly increasing over time, most people are only thinking about accumulating as much Bitcoin as possible, they never think about selling, so its acceptance is constantly increasing, so there is a high possibility that it will be much bigger in the future. Every bitcoin investor who hold large, they understands the future potential of Bitcoin, and this is why the big institutions and countries that are adopting Bitcoin on a large scale, their plans are only long-term. So those who are patient here and set long-term goals, they will be able to achieve its real benefits in the future.

This data says that 1% of people in the world HODL Bitcoin https://coinweb.com/trends/how-many-people-hold-bitcoin/ and that is few percent and imagine we already see Bitcoin doing so well. We could figure out or imagine at this early that if the percentage will raise there's provably more price stretch would happen or more new ATH will be break by Bitcoin.

Adoption is not in full phase and there's so many things will improve with Bitcoin in future. That's why I really think that Holders  these days would able to get more great profits in future especially if Bitcoin will be recognize as valuable asset in different parts of the world. There's always great rewards for people who have long patience with Bitcoin and history shows good results for those people who HODL their Bitcoin.