Balancing Financial security and Bitcoin Accumulation

[Mr_Brilliant$]

True, beginners often lose focus by watching prices too often,

Bruh, TBH, i have notice if there is one thing that is common among beginners is that, beginners losing focus by checking price every minute is just a phase almost everybody goes through….   I said that, because when I first started with Bitcoin, there was almost no single day I did not open the chart….  And anytime the price dipped more than I expected, my mind would just start shaking small…

But with time, I noticed I slowly outgrow that habit..  I just started seeing the bigger picture and my mentality shifted into long term growth and steady accumulation… So for me, following chart as a beginner is not even the real challenge, the main problem is when the beginner refuse to grow into that long term mindset as he or she mature in the space…

but taking profit doesn’t always mean someone isn’t a serious investor.

I feel it means, if an investor start taking profit at different intervals, then the goal or target of longterm is not been meant any longer..

[Joeboy]

That's true. The whole reason for DCA is to keep stacking bitcoin overtime and not to pressure yourself into investing a fixed amount that you may not longer afford as usual. That is why investors can apply flexibility when using the DCA approach, so that it aligns and fit with their personal situation even if the buying is not consistent. E.g, a investor of bitcoin, who in the past used to invest regularly because of his stable income source, he may by chance later lose that job and start having inconsistent earnings from his side jobs. But that should not be what should go force him to completely abandon his DCA approach of accumulating. He can just simply adjust the time of his buying to match his income pattern

We think that we have to put the same amount of money into Dca, but in reality, the main strength of Dca is flexibility.
Our income will not always be the same in our lives, job loss, change of income source, new expenses will continue. But for that reason, there is no rule that requires us to stop long-term stacking.

Dca is a framework, not an obligation. Today you have a good income, today you can give $ 1000 thousand if you want, and after 10 years if your job goes away for some reason, you can't even give $ 200 even if you want, that's normal. What's important is the regularity, not the amount.

The market is also uncertain. So it's much more realistic to adjust the amount of Dca based on income. The result is less stress, less wrong decisions, and the stack continues to grow in the long run.

But at the end of the day, as much as you can, regularly without pressure, this is the real Dca!

Applying too much flexibility as a new investor when DCAing isnt really advisable  , here is why: flexibility overtime,eventually pushes folks into timing the market without them even realizing it . In the name of flexibility, folks may begin telling yourself to reduce the amount they invest into Bitcoin this month, simply because they had a low income this month and probably the price of Bitcoin decided to shoot up still  in that very month.. And maybe when one later had a an income increases following a corresponding dipping in the price of Bitcoin, such person will want to buy more and so on......This very action of buying little when you receive a low income and probably a corresponding pump in the price of Bitcoin and vice versa,  it may seem fine and convenient at first, but then overtime folks most especially new investors, begin moving away from that steady accumulation, unto anticipating dips periods, inorder for them to DCA more even when they don't have a low income.

[Gost ms]

That's true. The whole reason for DCA is to keep stacking bitcoin overtime and not to pressure yourself into investing a fixed amount that you may not longer afford as usual. That is why investors can apply flexibility when using the DCA approach, so that it aligns and fit with their personal situation even if the buying is not consistent. E.g, a investor of bitcoin, who in the past used to invest regularly because of his stable income source, he may by chance later lose that job and start having inconsistent earnings from his side jobs. But that should not be what should go force him to completely abandon his DCA approach of accumulating. He can just simply adjust the time of his buying to match his income pattern

We think that we have to put the same amount of money into Dca, but in reality, the main strength of Dca is flexibility.
Our income will not always be the same in our lives, job loss, change of income source, new expenses will continue. But for that reason, there is no rule that requires us to stop long-term stacking.

Dca is a framework, not an obligation. Today you have a good income, today you can give $ 1000 thousand if you want, and after 10 years if your job goes away for some reason, you can't even give $ 200 even if you want, that's normal. What's important is the regularity, not the amount.

The market is also uncertain. So it's much more realistic to adjust the amount of Dca based on income. The result is less stress, less wrong decisions, and the stack continues to grow in the long run.

But at the end of the day, as much as you can, regularly without pressure, this is the real Dca!

Applying too much flexibility as a new investor when DCAing isnt really advisable  , here is why: flexibility overtime,eventually pushes folks into timing the market without them even realizing it . In the name of flexibility, folks may begin telling yourself to reduce the amount they invest into Bitcoin this month, simply because they had a low income this month and probably the price of Bitcoin decided to shoot up still  in that very month.. And maybe when one later had a an income increases following a corresponding dipping in the price of Bitcoin, such person will want to buy more and so on......This very action of buying little when you receive a low income and probably a corresponding pump in the price of Bitcoin and vice versa,  it may seem fine and convenient at first, but then overtime folks most especially new investors, begin moving away from that steady accumulation, unto anticipating dips periods, inorder for them to DCA more even when they don't have a low income.

Every person's investment method is different. The person who uses the investment method that makes him happy to invest should use that investment method. Regardless of the market situation, a person should continue to buy continuously depending on his financial situation. If a person becomes flexible and reduces the amount of purchase or starts waiting to buy, then it will never be good for him. If a person goes ahead with the good aspects of flexibility, then it will be very good for him and he can benefit from this flexibility in many ways. Such as mental peace, etc. If a person goes ahead with these things, then it will be very good for him. If someone goes ahead with the bad aspects, then it will never be good. For example, if a person waits for a fall to buy because the price of Bitcoin has increased or if he buys less than the amount he used to buy, then it will never be the right decision.

[HajiBagi]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

I have been worried about those who sell a portion of their bitcoin, what makes those people to sell some of their bitcoin? Are they not prepared for it before they begin purchasing bitcoin? The reason why I am asking because I don't think anyone who wants to hold bitcoin for a long time will sell a portion of it. Some people sell their bitcoin because they need money, and I think those people are not prepared to hold bitcoin because, as a true investor, you must have an emergency fund that can solve your problems.

Selling a portion of your bitcoin is not a good idea in my opinion because it will discourage you from continuing to accumulate your bitcoin, and you will eventually end up selling everything and spending the money on unnecessary things. Did you know that if you start spending your money or selling bitcoin it will continue to inspire you to spend everything?

[cxtreenal]

Nothing dey wrong if investor that has be buying bitcoin and has held his bitcoin for long or has reached his accumulation point to take some profit from his investment, making some profit is part of the investment, its only wrong for a new investor to be thinking of taking profit when he is suppose to be thinking of how he could buy more and hold for years, 4-10 years or more is good  to be taking little profit if you have been regularly and consistently buying bitcoin.

When an investor has reached the stage of saving, it is normal for him to take small profits. However, if a new investor thinks like this, he will not want to be in a holding mindset. Because when a new investor starts investing and sees the price increase and wants to withdraw his profits, he will have a kind of short-term profit mentality. And later, if the price increases again, he will want to withdraw his profits again. If this continues, his long-term investment will turn into trading. So I think this method is not effective for new investors. And they should maintain a regular and patient attitude.

When a new investor starts withdrawing profits from his early Bitcoin investment instead of holding then he isn't ready to reach Over-accumulation. Over-accumulation can't be reached when he Consistently taps profits from his bitcoin holding. if this keeps happening,he will endup selling his whole Bitcoin investment which is bad. A new investor should remove his mind from any thing profit, restraint himself from taken out profits during the early stages of his investment but rather, he should concentrate on accumulating Bitcoin consistently and hold for 4-10 Years of reaching over accumulation.  

If there is a possibility of withdrawing Bitcoin the investor should take more time to start but waiting a day means you will far behind. If you are initially starting to accumulate Bitcoin then you should be mentally prepared to complete each of the four year cycles correctly and if your discretionary income stream is properly present then it would be a good decision to continue for three cycles (12 years) or more years. I think Bitcoin is not just an investment for you, it is a valuable asset for the future. To complete the cycles correctly you need to have a backup fund or cash flow so that you can meet your long term investment goals. Many people are afraid to save Bitcoin because of its volatility. Those investors accumulate fiat but if they knew that inflation reduces the value of fiat and a fiat saver is as foolish as holding a bottomless basket then they would accumulation Bitcoin in DCA method.

[Umulala-alala]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

Selling when you are suppose to be buying is gambling because it's short term and you have also not reach your accumulation stage that's selling premature which is wrong. Investors can sell and take little profit from there BTC investment when they have arrived at the over accumulation status. Selling premature distracts you not to hold some BTC mostly when you are seeing small profit from it, the profits we get when we have been buying for long and hodl for 4-10 before we start selling small part of it can't be compare with when we just sell for short term gain.

[Cgrexp]

Every person's investment method is different. The person who uses the investment method that makes him happy to invest should use that investment method. Regardless of the market situation, a person should continue to buy continuously depending on his financial situation. If a person becomes flexible and reduces the amount of purchase or starts waiting to buy, then it will never be good for him. If a person goes ahead with the good aspects of flexibility, then it will be very good for him and he can benefit from this flexibility in many ways. Such as mental peace, etc. If a person goes ahead with these things, then it will be very good for him. If someone goes ahead with the bad aspects, then it will never be good. For example, if a person waits for a fall to buy because the price of Bitcoin has increased or if he buys less than the amount he used to buy, then it will never be the right decision.

There is no problem with Bitcoin being regular and continuing to study. The more comfortable one feels, the more one can increase their investment. It is better to be conservative in the beginning to ensure that cash flow management is strong and the investment money will be available for the long term, i.e. four to ten years or more. Some people can invest more aggressively with strong cash flow and funds already in place, but for most people it is important to build up holdings gradually and gain comfort in managing and using them over a period of four to ten years.

[Barrykbest]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

Selling when you are suppose to be buying is gambling because it's short term and you have also not reach your accumulation stage that's selling premature which is wrong. Investors can sell and take little profit from there BTC investment when they have arrived at the over accumulation status. Selling premature distracts you not to hold some BTC mostly when you are seeing small profit from it, the profits we get when we have been buying for long and hodl for 4-10 before we start selling small part of it can't be compare with when we just sell for short term gain.

Sometimes taking small profits isn’t “gambling” it’s smart management, especially if it prevents someone from selling in panic later when they’re broke, build your emergency fund first, then keep your Bitcoin investment separate.
That way I think you can hold with peace of mind and still have the freedom to take partial profits later without hurting your long-term plan.

[Nightwatchmare]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

Selling when you are suppose to be buying is gambling because it's short term and you have also not reach your accumulation stage that's selling premature which is wrong. Investors can sell and take little profit from there BTC investment when they have arrived at the over accumulation status. Selling premature distracts you not to hold some BTC mostly when you are seeing small profit from it, the profits we get when we have been buying for long and hodl for 4-10 before we start selling small part of it can't be compare with when we just sell for short term gain.

Selling little of your Bitcoin when you are a no coiner is a gambling habit and is a bad practice for a no coiner because whenever you see profit in your Bitcoin investment, you can easily be tempted to sell your Bitcoin and get hold of the profit, and it can easily change your mind to chase short term profits. But if you have reached the level of over accumulation, it is not a bad idea if an investor wants to sell a little of his Bitcoin to settle some problems because it is believed an investor has held his Bitcoin investment for the long term where him/she has the full right to sell his/her Bitcoin or keep holding it.

[Sim_card]

Sometimes taking small profits isn’t “gambling” it’s smart management, especially if it prevents someone from selling in panic later when they’re broke, build your emergency fund first, then keep your Bitcoin investment separate.
That way I think you can hold with peace of mind and still have the freedom to take partial profits later without hurting your long-term plan.

You don't have to sell a dime of your bitcoin when you haven't reached your over accumulation stage so that, you don't deviate from a long-term investor into a trader because if you take a little profits now, tomorrow you will still be tempted to take again. Before you know it, you will depreciate your bitcoin portfolio gradually believing it's a smart move.

When you are still in your early accumulation stage, you should be more focused on buying regularly, consistently and persistently for 4-10 years and above so that you can accumulate as many bitcoin as possible till you reach your bitcoin target. If you focus on profit, you will be distracted.

You don't have to set up your emergency funds before starting your Bitcoin investment because it will slow the quantity of bitcoin you want to accumulate because you will be waiting to build your emergency funds first delaying you from leaving the no coiner status into a low coiner. Building an emergency funds can take up to a year or more which is too long to wait.

It's good that you start your bitcoin investment right away if your discretionary income is available, instead of waiting to set up an emergency funds without a bitcoin investment to backup. You can build your bitcoin investment simultaneously with your emergency funds by sharing your discretionary income into two parts. One goes to your bitcoin investment and the other to your emergency. Gradually, you will be building them till your emergency funds is at least three months of your monthly expenses. You can divret that funds to set up your reserve funds and after that invest aggressively with your discretionary income.

Selling little of your Bitcoin when you are a no coiner is a gambling habit and is a bad practice for a no coiner

A no coiner has nothing to sell he hasn't start his bitcoin investment. It's a low coiner that is still in his early bitcoin accumulation stage.

[Proty]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

Selling when you are suppose to be buying is gambling because it's short term and you have also not reach your accumulation stage that's selling premature which is wrong. Investors can sell and take little profit from there BTC investment when they have arrived at the over accumulation status. Selling premature distracts you not to hold some BTC mostly when you are seeing small profit from it, the profits we get when we have been buying for long and hodl for 4-10 before we start selling small part of it can't be compare with when we just sell for short term gain.

Selling little of your Bitcoin when you are a no coiner is a gambling habit and is a bad practice for a no coiner because whenever you see profit in your Bitcoin investment, you can easily be tempted to sell your Bitcoin and get hold of the profit, and it can easily change your mind to chase short term profits. But if you have reached the level of over accumulation, it is not a bad idea if an investor wants to sell a little of his Bitcoin to settle some problems because it is believed an investor has held his Bitcoin investment for the long term where him/she has the full right to sell his/her Bitcoin or keep holding it.

selling bitcoin as a no coiner is a bad idea and such a person is not supposed to be called an investor but rather traders. It is obvious they are into bitcoin for short term profit.A no coiner is supposed to focus on continuous buying of bitcoin in other to be able to have a good portfolio in bitcoin. Yes the only time an investor is supposed to think of selling should be when they have reached there investment timeline and they have buy a reasonable amount then they can decide to be taking profit from there investment.

[PhilosopherKing]

Sometimes taking small profits isn’t “gambling” it’s smart management, especially if it prevents someone from selling in panic later when they’re broke, build your emergency fund first, then keep your Bitcoin investment separate.
That way I think you can hold with peace of mind and still have the freedom to take partial profits later without hurting your long-term plan.

Bitcoin is a decentralized system which means that you are in control and can do whatever the hell that you want, so then people can go on fucking around with whatever mentality that they see fit, since it's their investment and so on. But just so you know there can never be peace of mind when investors constantly are taking profits. You will always be emotional and always on edge simply because you will always be timing the market for market season that you should be taking profits. Now tell me where is the peace of mind in that? If one really wants to DCA, then one should focus on on their long term plan which is continuously buying and holding for a cycle or more, and in this period of buying and holding that person should not be concerned with taking profits until they reach their over-accumulation period.

[Futurexxx]

selling bitcoin as a no coiner is a bad idea and such a person is not supposed to be called an investor but rather traders. It is obvious they are into bitcoin for short term profit.A no coiner is supposed to focus on continuous buying of bitcoin in other to be able to have a good portfolio in bitcoin. Yes the only time an investor is supposed to think of selling should be when they have reached there investment timeline and they have buy a reasonable amount then they can decide to be taking profit from there investment.

It seems like you don't even understand the term " No coiner" and if you wishes to know, a no coiner is someone that has no stash of Bitcoin, which means he has nothing to sell if he wishes to, or are you trying to talk about a low coiner?

If you are talking of a low coiner, then it would have been understandable because a low coiner is still far behind in his accumulation or no where near where he wishes to be in his accumulation journey, because the fraction of Bitcoin they are accumulating consistently are just too small,  so selling part of it would be a significant step backward for him that is trying to acquire a good stash of Bitcoin in his own the longer run, and it's never advisable to even think of that during that period, not until you have gotten to that over accumulation status.

[Graph001]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

Selling when you are suppose to be buying is gambling because it's short term and you have also not reach your accumulation stage that's selling premature which is wrong. Investors can sell and take little profit from there BTC investment when they have arrived at the over accumulation status. Selling premature distracts you not to hold some BTC mostly when you are seeing small profit from it, the profits we get when we have been buying for long and hodl for 4-10 before we start selling small part of it can't be compare with when we just sell for short term gain.

Selling little of your Bitcoin when you are a no coiner is a gambling habit and is a bad practice for a no coiner because whenever you see profit in your Bitcoin investment, you can easily be tempted to sell your Bitcoin and get hold of the profit, and it can easily change your mind to chase short term profits. But if you have reached the level of over accumulation, it is not a bad idea if an investor wants to sell a little of his Bitcoin to settle some problems because it is believed an investor has held his Bitcoin investment for the long term where him/she has the full right to sell his/her Bitcoin or keep holding it.

selling bitcoin as a no coiner is a bad idea and such a person is not supposed to be called an investor but rather traders. It is obvious they are into bitcoin for short term profit.A no coiner is supposed to focus on continuous buying of bitcoin in other to be able to have a good portfolio in bitcoin. Yes the only time an investor is supposed to think of selling should be when they have reached there investment timeline and they have buy a reasonable amount then they can decide to be taking profit from there investment.

Your point is quite reasonable but most of those who are currently investing in Bitcoin are investing in the hope of short-term gains instead of holding it for a long time. If you look closely, you will see that most of them cannot be patient after investing. Whereas a real Bitcoin investor should hold at least 4 to 10 of his purchased Bitcoin. Still, a large group of people believe that to invest in Bitcoin, they need to create a large fund and buy a large amount of Bitcoin at once, whereas there is such a convenient method like DCA that if you follow it, you can continue investing with the remaining amount even after meeting all the necessary needs of yourself and your family. Where Bitcoin was created with long-term thinking in mind, it is really foolish to want to profit from it in the short term.

[Hardyrobust]

Your point is quite reasonable but most of those who are currently investing in Bitcoin are investing in the hope of short-term gains instead of holding it for a long time. If you look closely, you will see that most of them cannot be patient after investing. Whereas a real Bitcoin investor should hold at least 4 to 10 of his purchased Bitcoin. Still, a large group of people believe that to invest in Bitcoin, they need to create a large fund and buy a large amount of Bitcoin at once, whereas there is such a convenient method like DCA that if you follow it, you can continue investing with the remaining amount even after meeting all the necessary needs of yourself and your family. Where Bitcoin was created with long-term thinking in mind, it is really foolish to want to profit from it in the short term.

I don't really get your point are you trying to say that those that are buying bitcoin now are doing so to get short term profit. This is wrong, there are investors that may buy bitcoin now that it has dip and decide to hold for a long term. The fact that an investor is buying the dip doesn't make them a trader. Even those that are doing DCA can still buy the dip and it doesn't change there aim of buying bitcoin

[GIF-JOBS]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

Selling when you are suppose to be buying is gambling because it's short term and you have also not reach your accumulation stage that's selling premature which is wrong. Investors can sell and take little profit from there BTC investment when they have arrived at the over accumulation status. Selling premature distracts you not to hold some BTC mostly when you are seeing small profit from it, the profits we get when we have been buying for long and hodl for 4-10 before we start selling small part of it can't be compare with when we just sell for short term gain.

Selling little of your Bitcoin when you are a no coiner is a gambling habit and is a bad practice for a no coiner because whenever you see profit in your Bitcoin investment, you can easily be tempted to sell your Bitcoin and get hold of the profit, and it can easily change your mind to chase short term profits. But if you have reached the level of over accumulation, it is not a bad idea if an investor wants to sell a little of his Bitcoin to settle some problems because it is believed an investor has held his Bitcoin investment for the long term where him/she has the full right to sell his/her Bitcoin or keep holding it.

selling bitcoin as a no coiner is a bad idea and such a person is not supposed to be called an investor but rather traders. It is obvious they are into bitcoin for short term profit.A no coiner is supposed to focus on continuous buying of bitcoin in other to be able to have a good portfolio in bitcoin. Yes the only time an investor is supposed to think of selling should be when they have reached there investment timeline and they have buy a reasonable amount then they can decide to be taking profit from there investment.

This is clearly trading, and with this kind of attitude, it is impossible to survive in the long term, and at the same time he will never be able to achieve success from it, most of the time he will have to count the losses. Only those who move forward in the long term by setting long-term goals, without any fear, can achieve success, it is not a game of quick profit. So if you do not understand the difference between investing and trading, you will never get real value from Bitcoin.

[NewRevelation]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

The real problem lies in selling just to make quick gains and continue with the investment, as such habit is a trader mindset and will make you lose focus on your long term investment goal. How does it even sound? Let me sell small now, enjoy some profit and re-invest with the profit again, whole shit. An investor who enters into Bitcoin investment with a set goal or target wouldn't be thinking of selling since he has not attained his investment goal or gotten to his over accumulation stage, because at this stage, one can make some sells since he has reached his over accumulation stage, while still Holding some stash back, though he might reduce his level of aggressiveness in buying since he has reached his over accumulation stage.

But for a begginer who Maybe came in into Bitcoin investment at a time when the price skyrockets above his entry point or price, I think it's better he focused in consistent buys and building of his portfolio since he is still in his accumulation periods rather than think of profit making at that time as it will confuse his buy and Hodl for long term plan.

[Grace333]

But for a begginer who Maybe came in into Bitcoin investment at a time when the price skyrockets above his entry point or price, I think it's better he focused in consistent buys and building of his portfolio since he is still in his accumulation periods rather than think of profit making at that time as it will confuse his buy and Hodl for long term plan.

When someone is still new and their entry is already above the current price, chasing profit too early will just scatters their whole mindset. At that stage, the best move for me is really just to keep stacking more and focus on building a solid position.

Trying to take profit when you are still in your accumulation phase only brings confusion and even panic.

[Female King]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

Selling when you are suppose to be buying is gambling because it's short term and you have also not reach your accumulation stage that's selling premature which is wrong. Investors can sell and take little profit from there BTC investment when they have arrived at the over accumulation status. Selling premature distracts you not to hold some BTC mostly when you are seeing small profit from it, the profits we get when we have been buying for long and hodl for 4-10 before we start selling small part of it can't be compare with when we just sell for short term gain.

Sometimes taking small profits isn’t “gambling” it’s smart management, especially if it prevents someone from selling in panic later when they’re broke, build your emergency fund first, then keep your Bitcoin investment separate.
That way I think you can hold with peace of mind and still have the freedom to take partial profits later without hurting your long-term plan.

When you are continuously taking small profit may be when there is an increase in price what the difference between you and a bitcoin gambler/trader, you will continuously be doing it without holding much bitcoin, there is stages in bitcoin investment when are supposed to be persistently buying bitcoin and avoid the temptation of selling premature. Investors who has reached there level of over accumulation can decide to be taking little profit of their long term bitcoin hodling no problem because they have already stack up plenty of bitcoin.

[JayJuanGee]

True, beginners often lose focus by watching prices too often, but taking profit doesn’t always mean someone isn’t a serious investor. Long-term holders can also have clear exit points  for example, selling small portions at milestones or when prices hit a certain percentage gain. That’s part of managing risk and staying balanced financially.
DCA is great for building your stack, but profit-taking helps to secure the value of what you’ve built especially when it aligns with your long term plan. The problem isn’t selling; it’s selling out of panic or greed. A structured sell plan is still part of smart investing.

Selling some part of your Bitcoin holdings or taking profit is never a problem if you have gotten to the end of your accumulation stage or gotten to that over accumulation status, where it's makes no sense in selling and taking profit is by selling prematurely when you are still in your accumulation stage or when you have not gotten to the end of your investment journey, that's where selling and taking profit is incredible bad for the growth of your investment, because by doing so it may kills your desire to accumulate even more, and buy selling and tasting profit, you may likely sell everything and become a no coiner overnight, which is incredibly wrong. So it's not a good idea to even sell when you have not gotten to the end of your accumulation journey.

Selling when you are suppose to be buying is gambling because it's short term and you have also not reach your accumulation stage that's selling premature which is wrong. Investors can sell and take little profit from there BTC investment when they have arrived at the over accumulation status. Selling premature distracts you not to hold some BTC mostly when you are seeing small profit from it, the profits we get when we have been buying for long and hodl for 4-10 before we start selling small part of it can't be compare with when we just sell for short term gain.

Sometimes taking small profits isn’t “gambling” it’s smart management, especially if it prevents someone from selling in panic later when they’re broke, build your emergency fund first, then keep your Bitcoin investment separate.
That way I think you can hold with peace of mind and still have the freedom to take partial profits later without hurting your long-term plan.

Even though it can be problematic to sell much of your BTC while you are still acculating BTC before you have reached overaccumulation status, guys might sometimes be tempted to sell some portion of their bitcoin during BIG price rises, and maybe even just continue to buy, even though maybe they had sold a good chunk of their stash.

Guys have to weight the pluses and minuses in regards to such an approach where they may well end up selling from one hand and buying with the other hand... since there continues to be a recommendation to continue to build your bitcoin holdings, and you are running risks if you sell some coins with expectations of either buying back cheaper or expectations to continue to build the bitcoin stash size.

Le's say a person with a $30k income had been accumulating bitcoin at about $100 per week (which is 17% of their income) for more than 5 years, so maybe they had invested right around $26k into bitcoin over the past 5-ish years, and they had accumulated close to 0.7 BTC.  They are considering that they want to get to a sustainable withdrawal amount  of $80k per year, and right now that is right around 14.4477 BTC, yet they estimate that they will ONlY need around less than 2 BTC 10 years from now to be able to sustainably provide a sustainable withdrawal amount of $80k per year.

So yeah, if right now, they decide to sell 0.1 BTC, they are going to be shaving into their totally accumulated BTC stash, and it may well take them a couple of years to buy back that 0.1 BTC that they had sold.  Each person has to answer for themselves in terms of if they might find better ways to satisfy their wants/needs/desires to take money out from their BTC stash and to potentially undermine their BTC stash size.