Buy Buy Buy or Sell Sell Sell?

[BTC princess]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

Every investor has one thing in mind which is making profit wheather long or short run it does not really matter much to them because at the end there is profit for them. Long term investment in Bitcoin allows you to monitor and control how you want to sell your Bitcoin. If there is no profit,then why do people invest in Bitcoin long run. Bitcoin has it's own risk and flaws so do fiat. Infact fiat flaws is worst because countries government will wake up one morning through their central bank and introduce one monetary policy that will make your investment in fiat worthless .

Correct, but profit is the major goal of every investor, whether short term or long term. But difference should mainly in stretegy, patience and their risk management.
Long term Bitcoin investors do understand that volatility is part of this Bitcoin, so they focus more on accumulating and holding in market cycles rather than panicking in every price movement.
Most times when some persons do say long term Bitcoin investment failed, it is not that Bitcoin itself is unprofitable, but because of the poor security, pressuring your self to sell , or lack of endurance in Bitcoin.
Losing access to wallets and private keys has caused many to loss more bitcoin itself.
Also fiat is not free as many people thought. inflation and governmentental monetary policies still can reduce the value of savings over time without people even knowing it. Bitcoin investors have have control over their assets and can decide when and how they  actually wanted to be profitable in this Bitcoin journey.

[Yablee0]

Every investor has one thing in mind which is making profit wheather long or short run it does not really matter much to them because at the end there is profit for them. Long term investment in Bitcoin allows you to monitor and control how you want to sell your Bitcoin. If there is no profit,then why do people invest in Bitcoin long run. Bitcoin has it's own risk and flaws so do fiat. Infact fiat flaws is worst because countries government will wake up one morning through their central bank and introduce one monetary policy that will make your investment in fiat worthless .

I can see your major concern or purpose of getting involved in Bitcoin investment is on how to widraw profits fast without hesitation. Nobody is depriving you of that, is your investment and it's your money so you have every right to do as please, but my advice to you is that don't be too eger to sell at every given opportunity. Moreover, what should be your first priority is on how to get the future secure. Running after temporary gains will not give you any lasting solution to your financial problem rather it will only stripped you the opportunity of building a better future ahead. However, Bitcoin investment is mostly for future purposes and not for temporary benefits that holds no real value.

[Umulala-alala]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

Every investor has one thing in mind which is making profit wheather long or short run it does not really matter much to them because at the end there is profit for them. Long term investment in Bitcoin allows you to monitor and control how you want to sell your Bitcoin. If there is no profit,then why do people invest in Bitcoin long run. Bitcoin has it's own risk and flaws so do fiat. Infact fiat flaws is worst because countries government will wake up one morning through their central bank and introduce one monetary policy that will make your investment in fiat worthless .

You don't have to generalized it as if it's all investors that focuses more on profit, monitoring the market to know when to sell is trading because it's traders who monitor the market to sell when there is a small increase to take profit but this is wrong by chasing few dollar profit, as an investor you should concentrate on how you can be persistently buying bitcoin and hodl for long your concern should be on how to grow a good bitcoin portfolio, selling when you are supposed to be buying BTC is gambling you should only take some profit when you have reached your over accumulation stage then you will know if you are on profit or not then you can sell some and still be holding on your accumulated bitcoin.

[JayJuanGee]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

Even if you do everything perfect in bitcoin, profits are not guaranteed.

Sure, historically, you would presume that everyone investing in bitcoin would have had made profits so long as they errored on the side of buying bitcoin and holding bitcoin and not losing it, yet some guys still lost money in bitcoin and/or failed to make even close to as much money as they could have had made if they had been able to accumulated bitcoin and to hang onto their bitcoin.

Another thing is that past performance (in bitcoin) does not guarantee future results, which is another way of saying that profits are not guaranteed, even though it seems that you are presuming profits to be guaranteed as long as you don't mess up... which I consider to be a wrong mindset.

Bitcoin seems to continue to be an asymmetric bet to the upside in which, as long as you do not leverage, the most you can lose is 100%, while at the same time, there is potential for you to gain multiples and/or magnitudes, yet your upside is not guaranteed, even though you are putting value at risk.  You need to consider the possibility that you could lose the value that you put in or even various other scenarios that could end up playing besides considering yourself as guaranteed to become a gigamillionnaire after you invested $10 (or whatever might be your variation of an erroneous mindset in regards to your supposed guaranteed numbers).

There is nothing wrong with expecting profits in investments. Rather, the potential for profits in Bitcoin is what encourages many to save more. But the problem is if someone assumes a guaranteed profit and trades for quick profits or is busy watching short-term price fluctuations instead of long-term savings.

Bitcoin can be a powerful means of long-term savings and value preservation, but the potential for profit is also part of it. But it is wrong to see that profit as guaranteed or short-term. Because when someone sees Bitcoin as a guaranteed profit, he can destroy his long-term savings due to greed and fear when he sees market fluctuations.

Yes, profit isn’t the only thing you can gain from investing in Bitcoin. The purpose of investing isn’t solely to make a profit; there are several other important factors that influence investment decisions, such as preserving value to prevent it from being eroded by inflation. Or it could be for specific planning purposes, such as your children’s education or retirement. But in my personal opinion, the most important aspect of Bitcoin investment is its role as a store of value.

Because just recently, the currency in my country has really weakened significantly, and I imagine what would have happened if the money I had wasn’t invested in Bitcoin and other assets—the value of my money would have certainly plummeted. So right now, I’ve truly experienced firsthand that Bitcoin is indeed an excellent asset. So rather than seeking profits at this moment, I’m more inclined to focus on preserving value. That’s why,, while I certainly want to profit from this Bitcoin investment, it’s clearly not my top priority right now.

Besides preservation of value and profits, there is also financial sovereignty and having options and fixing the monetary system that all come from supporting bitcoin and bitcoin ideas.

[alankasman]

I can see your major concern or purpose of getting involved in Bitcoin investment is on how to widraw profits fast without hesitation. Nobody is depriving you of that, is your investment and it's your money so you have every right to do as please, but my advice to you is that don't be too eger to sell at every given opportunity. Moreover, what should be your first priority is on how to get the future secure. Running after temporary gains will not give you any lasting solution to your financial problem rather it will only stripped you the opportunity of building a better future ahead. However, Bitcoin investment is mostly for future purposes and not for temporary benefits that holds no real value.

No one should prohibit what someone does because it is due to a person's personal decision in doing it especially for everything that someone does I think it is they who must determine for themselves what will happen if they do it that way that's why sometimes someone wants a way so they can get quick profits and of course they do it that way for a purpose so if they don't have a purpose maybe I also think they won't do it in a way to get quick profits logically in my opinion pay attention to this matter that you conveyed that they also have to do it in a way that doesn't need to rush in making their decisions about how to get quick profits.

Besides that they may have to think about how to secure for the future because we sometimes have difficulty facing the problem of how to hold so that we are able not to do it in the way we discussed in this topic but this is also what we have to prioritize for our future goals because someone has to think about goals for the future for another reason if they often do it to make quick profits they will lose direction in the future because they do not understand how to secure Bitcoin investments but the main thing in investing is to secure some amount so they can feel the results of their struggle in investing in the long term because by doing it in the long term it is likely that the profits will be more valuable in investing in Bitcoin because Bitcoin investment is only good if done in a way that is fully consistent with sustainable investment.

[Barikui1]

Correct, but profit is the major goal of every investor, whether short term or long term. But difference should mainly in stretegy, patience and their risk management.

I understand what you are trying to say here, but to be honest with you, you are terribly wrong because it's not everyone that thinks in such a way. Most investors that invested in Bitcoin did it to preserve their money against inflation, that is why you will get to hear that Bitcoin investment is a store of value.
Additionally, another reason most investor invested in Bitcoin is because of it decentralized nature, and since Bitcoin gives you that power to be private and be in custody of your own money, so it's a very good reason to invest in it because self custody is a right.

Why focusing on profit is wrong is that the possibility of selling off your Bitcoin for minimal gains will be there, because all your focus is on profit this and profit that, and once your Bitcoin investment increases in value a bit, you will want to sell for minimal gains, so focusing on profit while investing in Bitcoin is wrong, and it's also wrong to think that everyone is investing in Bitcoin because of it.

[Moreno233]

Every investor has one thing in mind which is making profit wheather long or short run it does not really matter much to them because at the end there is profit for them. Long term investment in Bitcoin allows you to monitor and control how you want to sell your Bitcoin. If there is no profit,then why do people invest in Bitcoin long run. Bitcoin has it's own risk and flaws so do fiat. Infact fiat flaws is worst because countries government will wake up one morning through their central bank and introduce one monetary policy that will make your investment in fiat worthless .

I can see your major concern or purpose of getting involved in Bitcoin investment is on how to widraw profits fast without hesitation. Nobody is depriving you of that, is your investment and it's your money so you have every right to do as please, but my advice to you is that don't be too eger to sell at every given opportunity. Moreover, what should be your first priority is on how to get the future secure. Running after temporary gains will not give you any lasting solution to your financial problem rather it will only stripped you the opportunity of building a better future ahead. However, Bitcoin investment is mostly for future purposes and not for temporary benefits that holds no real value.

You obviously misunderstood his statement which I seriously understand. Let me help throw more light on that, without pretending,we are investing in Bitcoin because we have hope that such decision will reward us or our children in the future. Without such hopes, no one will diligently be accumulating Bitcoin and holding for several years. That means we all want to profit from our investmemt and to ensure that we stand a better chance at making profits, long term investmemt is recommended because bitcoin have shown great result for those who held. We shouldn't pretend about this so we don't discourage new investors that we are running charity here because we are not, we are building a future for ourselves and our children via Bitcoin.

[Solokan]

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

Yes, investing in BTC, and not just BTC, is certainly very risky, as anything carries risk. So, sometimes I don't understand people who don't want to invest in BTC because they see the risk in investing in BTC, even though everything carries risk.

Yes, when we invest long-term in BTC, the risk isn't that high because BTC is always breaking new ATHs. So, yes, what's usually risky is short-term investing in BTC or trading in BTC. So far, long-term BTC holders haven't been disappointed because BTC continues to rise and break new ATHs. And yes, the most important thing is that investing in BTC must use discretionary income or money you can afford to lose. Indeed, the worst thing that always happens is investing in BTC without using money you can afford to lose. It's true that losing BTC can prevent investors from making profits, so we must be smart about managing our assets because if we can't, there's the potential for loss. The point in this case depends on each individual because investing in BTC or not BTC, if you can't manage your assets, you will suffer losses.

[The Founding Titan]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

Even if you do everything perfect in bitcoin, profits are not guaranteed.

Sure, historically, you would presume that everyone investing in bitcoin would have had made profits so long as they errored on the side of buying bitcoin and holding bitcoin and not losing it, yet some guys still lost money in bitcoin and/or failed to make even close to as much money as they could have had made if they had been able to accumulated bitcoin and to hang onto their bitcoin.

Another thing is that past performance (in bitcoin) does not guarantee future results, which is another way of saying that profits are not guaranteed, even though it seems that you are presuming profits to be guaranteed as long as you don't mess up... which I consider to be a wrong mindset.

Bitcoin seems to continue to be an asymmetric bet to the upside in which, as long as you do not leverage, the most you can lose is 100%, while at the same time, there is potential for you to gain multiples and/or magnitudes, yet your upside is not guaranteed, even though you are putting value at risk.  You need to consider the possibility that you could lose the value that you put in or even various other scenarios that could end up playing besides considering yourself as guaranteed to become a gigamillionnaire after you invested $10 (or whatever might be your variation of an erroneous mindset in regards to your supposed guaranteed numbers).

I can not speak for the future, I can only make assesment based what has already happened, so far bitcoin has been good, there is not guarantee that the price will even climb again after now, there is also the chance that starting from today the price of bitcoin is going to enter a downtrend and never recover from, these are all possibilities but the simple truth is that there is no investment out there that is completely risk free so the fact that there is risk involved doesn't mean a person shouldn't invest in an asset, if people keep using 'there is risk involved' as an excuse then they will never be able to invest in anything, we understand that there are risks and ee are willing to brave those risks.
During the early stages of bitcoin alot of people said it was to risky for them to put their money into it, they did not understand anything about it and they called those that were accumulating bitcoin at the time gamblers and today they hoped they had accumulated from the start, people are still having that mindset today snd thsts why they are not investing in it, not because they don't have the discretionary income but because they do not believe in sny chance of success from bitcoin.
I cannot predict the future so I will not let the uncertainties of tomorrow push me to not accumulate an asset that today shows alot of promise.

[Kelward]

Correct, but profit is the major goal of every investor, whether short term or long term. But difference should mainly in stretegy, patience and their risk management.

I understand what you are trying to say here, but to be honest with you, you are terribly wrong because it's not everyone that thinks in such a way. Most investors that invested in Bitcoin did it to preserve their money against inflation, that is why you will get to hear that Bitcoin investment is a store of value.
Additionally, another reason most investor invested in Bitcoin is because of it decentralized nature, and since Bitcoin gives you that power to be private and be in custody of your own money, so it's a very good reason to invest in it because self custody is a right.

Why focusing on profit is wrong is that the possibility of selling off your Bitcoin for minimal gains will be there, because all your focus is on profit this and profit that, and once your Bitcoin investment increases in value a bit, you will want to sell for minimal gains, so focusing on profit while investing in Bitcoin is wrong, and it's also wrong to think that everyone is investing in Bitcoin because of it.

Something has to be an investor's motivation to go into Bitcoin investment and there is nothing wrong if it is profit, I may be wrong but I believe that majority of Bitcoin investors are motivated by the returns on investment that they will get at the maturity of their long term plan. Having clarified this point I know that Bitcoin holders for many years have different reasons for holding patiently without selling and they all center on value, they know that Bitcoin is a valuable asset and decentralized digital currency.

You could accumulate and hold Bitcoin for many years for a couple of reasons like profit, hedge against inflation, privacy and freedom, for it's technology, decentralized retirement savings, all of them points to the fact that it is a store of value. Bitcoin is volatile and has shown that it has potentials to recover after dip and become bullish then at some point it will reach ATH which is why we are holding it. If Bitcoin doesn't have potentials like shitcoins we wouldn't be here talking about about it holding for many years.

[NewRevelation]

I can see your major concern or purpose of getting involved in Bitcoin investment is on how to widraw profits fast without hesitation. Nobody is depriving you of that, is your investment and it's your money so you have every right to do as please, but my advice to you is that don't be too eger to sell at every given opportunity. Moreover, what should be your first priority is on how to get the future secure. Running after temporary gains will not give you any lasting solution to your financial problem rather it will only stripped you the opportunity of building a better future ahead. However, Bitcoin investment is mostly for future purposes and not for temporary benefits that holds no real value.

No one should prohibit what someone does because it is due to a person's personal decision in doing it especially for everything that someone does I think it is they who must determine for themselves what will happen if they do it that way that's why sometimes someone wants a way so they can get quick profits and of course they do it that way for a purpose so if they don't have a purpose maybe I also think they won't do it in a way to get quick profits logically in my opinion pay attention to this matter that you conveyed that they also have to do it in a way that doesn't need to rush in making their decisions about how to get quick profits.

Besides that they may have to think about how to secure for the future because we sometimes have difficulty facing the problem of how to hold so that we are able not to do it in the way we discussed in this topic but this is also what we have to prioritize for our future goals because someone has to think about goals for the future for another reason if they often do it to make quick profits they will lose direction in the future because they do not understand how to secure Bitcoin investments but the main thing in investing is to secure some amount so they can feel the results of their struggle in investing in the long term because by doing it in the long term it is likely that the profits will be more valuable in investing in Bitcoin because Bitcoin investment is only good if done in a way that is fully consistent with sustainable investment.

Anyone who prioritises profit or gains over long term investment plan and HODLing is not really an investor but a trader. It is not right to put your mindset on taking off profit from your investment within a short period of time because this derails your portfolio growth and keeps you retarded from growth.

4-10 years accumulation and above is what investors should be looking at, pursuing your investment target and building a good amount of portfolio. Running after little gains should be avoided because I'm Bitcoin investment, the real gains lies in how long you HODL

[Futurexxx]

Something has to be an investor's motivation to go into Bitcoin investment and there is nothing wrong if it is profit,

When a Bitcoin investor put profit making at the forefront of his or her Bitcoin investment, the urge to sell for minimal gains or sell off his holdings anytime his investment is in profit will be uncontrollably, which is not good.

I know that at a point in your Bitcoin investment journey, you may want to sell and take some profit if you have gotten to your over accumulation status, but putting it at the forefront of your investment is what I think is wrong because you will definitely sell at any opportunity once you are in profit, which is not the best way to go about your bitcoin investment.

[Princess Leah]

Something has to be an investor's motivation to go into Bitcoin investment and there is nothing wrong if it is profit,

When a Bitcoin investor put profit making at the forefront of his or her Bitcoin investment, the urge to sell for minimal gains or sell off his holdings anytime his investment is in profit will be uncontrollably, which is not good.

I know that at a point in your Bitcoin investment journey, you may want to sell and take some profit if you have gotten to your over accumulation status, but putting it at the forefront of your investment is what I think is wrong because you will definitely sell at any opportunity once you are in profit, which is not the best way to go about your bitcoin investment.

It's just like an olympian that's thinking of receiving a medal when the person haven't started or finished the race, what the olympian should be thinking of is how to finish the race, not just finish it but finish in a good position that would warrant a medal. That's the way I see investors who put profits at the forefront.

 Investors need to set the right priorities, during the accumulation stage they don't need distractions that would hinder their goals including worrying about taking profits till they get to over accumulation stage, worrying about profits at an early stage is related with traders so people who call themselves investors but do that are likely to become traders if they don't focus on the goal.

[Rockson1]

When a Bitcoin investor put profit making at the forefront of his or her Bitcoin investment, the urge to sell for minimal gains or sell off his holdings anytime his investment is in profit will be uncontrollably, which is not good.

I know that at a point in your Bitcoin investment journey, you may want to sell and take some profit if you have gotten to your over accumulation status, but putting it at the forefront of your investment is what I think is wrong because you will definitely sell at any opportunity once you are in profit, which is not the best way to go about your bitcoin investment.

You have a very good point here, profit this profit that only makes one so eager to get off some bucks at any slightest sight of it, for serious investors they are not actually much inquisitive about because they know that they have a target which has not be met yet so talking about profit from the beginning or midway in their acumulation stage forms high level of distraction which he may not want to accommodate at that point, one thing I have decided to do when people talk much about profit is to ask them how long the been in the system before the can talk about profit although everyone is left with their decision in regards to their portfolio but I will not stop saying things as it to avoid misleading those that are ready for long-term because many that are talking about profit are for Short term and my not to say it here because the bashing they will get from here.

[Mia Aven]

Every investor has one thing in mind which is making profit wheather long or short run it does not really matter much to them because at the end there is profit for them. Long term investment in Bitcoin allows you to monitor and control how you want to sell your Bitcoin. If there is no profit,then why do people invest in Bitcoin long run. Bitcoin has it's own risk and flaws so do fiat. Infact fiat flaws is worst because countries government will wake up one morning through their central bank and introduce one monetary policy that will make your investment in fiat worthless .

I can see your major concern or purpose of getting involved in Bitcoin investment is on how to widraw profits fast without hesitation. Nobody is depriving you of that, is your investment and it's your money so you have every right to do as please, but my advice to you is that don't be too eger to sell at every given opportunity. Moreover, what should be your first priority is on how to get the future secure. Running after temporary gains will not give you any lasting solution to your financial problem rather it will only stripped you the opportunity of building a better future ahead. However, Bitcoin investment is mostly for future purposes and not for temporary benefits that holds no real value.

A distinction needs to be made here. Taking profits is not always wrong; it is wrong to take profits at the wrong stage, for the wrong reasons, and with the wrong mindset. If someone is still in the process of building their Bitcoin savings, their main goal should be to accumulate Bitcoin with regular or flexible additional investable money, maintain a steady cash flow, maintain an emergency/backup fund, and avoid forced sales. Selling at this stage after seeing a small profit weakens the accumulation plan.
On the other hand, if someone has accumulated Bitcoin for many years and has reached a sufficient position, their plan may be different. They may go into the maintenance phase, or use some of it very limitedly and planned according to their lifestyle needs. That is not a short-term trading mindset, if they have a clear goal, time frame, cashflow plan, and sustainable withdrawal strategy behind them.

[Sally9256]

Something has to be an investor's motivation to go into Bitcoin investment and there is nothing wrong if it is profit,

When a Bitcoin investor put profit making at the forefront of his or her Bitcoin investment, the urge to sell for minimal gains or sell off his holdings anytime his investment is in profit will be uncontrollably, which is not good.

I know that at a point in your Bitcoin investment journey, you may want to sell and take some profit if you have gotten to your over accumulation status, but putting it at the forefront of your investment is what I think is wrong because you will definitely sell at any opportunity once you are in profit, which is not the best way to go about your bitcoin investment.

Investing with the purpose of taking profits is wrong and it's the mindset of traders not investors. When you have that mindset you will be obsessed with taking profits with every opportunity you have and in the end you will barely be able to accumulate any reasonable Bitcoin.
I think even during the over accumulation stage a person is not supposed to sell all of their Bitcoin because in a few months they will use up all the money and soon will be back to where they started. I think that's why you have to be careful and plan how you sell your Bitcoins even during over accumulation point. You're supposed to manage your Bitcoin in a sustainable way and not sell anyhow.

[Proty]

Correct, but profit is the major goal of every investor, whether short term or long term. But difference should mainly in stretegy, patience and their risk management.

I understand what you are trying to say here, but to be honest with you, you are terribly wrong because it's not everyone that thinks in such a way. Most investors that invested in Bitcoin did it to preserve their money against inflation, that is why you will get to hear that Bitcoin investment is a store of value.
Additionally, another reason most investor invested in Bitcoin is because of it decentralized nature, and since Bitcoin gives you that power to be private and be in custody of your own money, so it's a very good reason to invest in it because self custody is a right.

Why focusing on profit is wrong is that the possibility of selling off your Bitcoin for minimal gains will be there, because all your focus is on profit this and profit that, and once your Bitcoin investment increases in value a bit, you will want to sell for minimal gains, so focusing on profit while investing in Bitcoin is wrong, and it's also wrong to think that everyone is investing in Bitcoin because of it.

It is not everyone that invested in bitcoin is doing so because of profits. There are people that into bitcoin because they want to preserve there wealth and also it may be because of the decentralised nature of bitcoin which has given them total control and freedom over there assets. These things can also motivate people to invest in bitcoin and not only profits . For those that are after profits the best way is long term investment and not trading because trading is very risky and the chances of losing all one's income is very high.

[Gallar]

Selling Bitcoin too quickly for a small profit often causes beginners to miss out on the potential for exponential long-term growth. This view is very different from long-term investors, who view Bitcoin as digital gold or a store of value to protect wealth from inflation (not just a daily trading instrument). Beginner investors should understand more about Bitcoin as a long-term store of value, this is why professional investors choose the hodl strategy for several reasons such as fighting inflation, fees and taxes. Beginner investors should also avoid Timing Risk because the Bitcoin market is very volatile, those who try to trade often get caught selling at the wrong time and miss out on the momentum of the price rally.

I agree with your assumption, my friend, because it's true that selling Bitcoin quickly isn't the right thing for an investor. What's the point if it's only for a small profit? Therefore, we must realize the importance of preserving our Bitcoin assets. This is a rare asset; there are only twenty-one million of them in the world, and there won't be any more. Therefore, when we buy Bitcoin, we must think about this. This will certainly make us more confident and determined to hold on to it for as long as possible.

Furthermore,, although selling Bitcoin quickly is often done by beginners, I suspect quite a few people who have been involved in Bitcoin investment for a long time also do it. Therefore, whether they are beginners or experienced, I don't think it's impossible for them to trade Bitcoin. So, I think it's a real shame,, because Bitcoin's immense potential is meaningless if it's only traded. So that's why we have to have a good plan with our Bitcoin investment, because that way, the Bitcoin accumulation journey will definitely be better.

[reagansimms]

I understand what you are trying to say here, but to be honest with you, you are terribly wrong because it's not everyone that thinks in such a way. Most investors that invested in Bitcoin did it to preserve their money against inflation, that is why you will get to hear that Bitcoin investment is a store of value.
Additionally, another reason most investor invested in Bitcoin is because of it decentralized nature, and since Bitcoin gives you that power to be private and be in custody of your own money, so it's a very good reason to invest in it because self custody is a right.

Why focusing on profit is wrong is that the possibility of selling off your Bitcoin for minimal gains will be there, because all your focus is on profit this and profit that, and once your Bitcoin investment increases in value a bit, you will want to sell for minimal gains, so focusing on profit while investing in Bitcoin is wrong, and it's also wrong to think that everyone is investing in Bitcoin because of it.

It is not everyone that invested in bitcoin is doing so because of profits. There are people that into bitcoin because they want to preserve there wealth and also it may be because of the decentralised nature of bitcoin which has given them total control and freedom over there assets. These things can also motivate people to invest in bitcoin and not only profits . For those that are after profits the best way is long term investment and not trading because trading is very risky and the chances of losing all one's income is very high.

It is true that some people no longer view Bitcoin as a speculative instrument for profit, but rather as a means of storing value and realizing financial sovereignty. The value of fiat currencies tends to decrease every year due to inflation and unlimited money printing by central banks, while the supply of Bitcoin is only available at a maximum of 21 million coins, because of this scarcity, some people see Bitcoin as an effective digital gold to protect the purchasing power of long-term wealth.

Bitcoin also cannot be controlled by the government because of its decentralized nature. This characteristic gives absolute freedom to its owners. For people living in countries with extreme inflation rates or unstable banking systems, Bitcoin is a solution to overcome these problems because it functions as a hedge asset and is highly portable because it is not dependent on domestic economic policies in that country.

[HajiBagi]

Every investor has one thing in mind which is making profit wheather long or short run it does not really matter much to them because at the end there is profit for them. Long term investment in Bitcoin allows you to monitor and control how you want to sell your Bitcoin. If there is no profit,then why do people invest in Bitcoin long run. Bitcoin has it's own risk and flaws so do fiat. Infact fiat flaws is worst because countries government will wake up one morning through their central bank and introduce one monetary policy that will make your investment in fiat worthless .

I can see your major concern or purpose of getting involved in Bitcoin investment is on how to widraw profits fast without hesitation. Nobody is depriving you of that, is your investment and it's your money so you have every right to do as please, but my advice to you is that don't be too eger to sell at every given opportunity. Moreover, what should be your first priority is on how to get the future secure. Running after temporary gains will not give you any lasting solution to your financial problem rather it will only stripped you the opportunity of building a better future ahead. However, Bitcoin investment is mostly for future purposes and not for temporary benefits that holds no real value.

What some people don’t understand when it comes to bitcoin is that they don’t understand bitcoin is an investment for the future purpose and it is never a good advice to sell your bitcoin just because of profit without thinking about the future, many investors are investing for future use except for people who are only interesting in bitcoin because of profit, it is not a bad thing to sell bitcoin because we don’t know what is the reason that make a person sell his bitcoin but if anyone want to sell i will advise not to sell all.

Having a good plan for your investment is very important because if you don’t have a good plan you will end up losing everything you have worked for, as an investor if you don’t have a good plan for your investment you can not hold for a long time and you will later regret not holding when people are enjoying their investment in the end.