Don't regret to spend your Bitcoin it is your money.

[Grace333]

I don’t think you should discourage him in anyway, when he took the decision to invest in Bitcoin, you were not there and he also took the decision to leave it for a 8 years, you were still not there. There’re some persons that whenever they put money into a particular thing or invest, then the profit reduce. That alone will motivation for them to be willing to keep on or wait until it has gotten to the previous amount they’ve seen. The reduction itself is a motivation for them to keep on waiting.

[Btcdeybodi]

I don’t think you should discourage him in anyway, when he took the decision to invest in Bitcoin, you were not there and he also took the decision to leave it for a 8 years, you were still not there. There’re some persons that whenever they put money into a particular thing or invest, then the profit reduce. That alone will motivation for them to be willing to keep on or wait until it has gotten to the previous amount they’ve seen. The reduction itself is a motivation for them to keep on waiting.

What are you saying here, reduction in the price of bitcoin is not a motivation to hold longer, the reason why people hold for a long term is simply because they missed out in taking profits when the price skyrocketed or they already had a plan of holding for a long period of time which whatever happens in the short run is not their business since they are focused on long term target. Reduction in the price of bitcoin is only a motivation to those who were waiting for the DIP before they buy or those that want to accumulate more at a DIP price and increase their profit level when they prices begins to skyrocket again.

[Salahmu]

I don’t think you should discourage him in anyway, when he took the decision to invest in Bitcoin, you were not there and he also took the decision to leave it for a 8 years, you were still not there. There’re some persons that whenever they put money into a particular thing or invest, then the profit reduce. That alone will motivation for them to be willing to keep on or wait until it has gotten to the previous amount they’ve seen. The reduction itself is a motivation for them to keep on waiting.

You have a different motivation from mine because even if I they hold Bitcoin for dip no mean say na there my motivation they but I they like Bitcoin plenty when the price they impressed me because na there imagination of how person go take get plenty money for future go strong and the motivation to they invest go they come out. If the reduction they motivate you how you go come get the profit way make you invest for Bitcoin, are you telling me that at the end of the day when you won comot for the holding and see say plenty of your money done reduce because of say the price fall I believe say you no go like am so actually rises should motivate you.

[Marykeller]

So far your friend continual hodl of bitcoin no d affect his finances and he is managing well because of the side hustle or job he has, he can still go ahead and be hodling his Bitcoin as whatever price em expect to sell his Bitcoin for. One thing be sae, he is not in a hurry to sell his Bitcoin, so let him be, to decide when it is best suit for him to sell his accumulated Bitcoin at a price above $100k. Maybe em wan buy car and still get plenty change for hand. Who knows His target? He target might be far different from the target of buying a car alone without buying other things

[Jaksonhard]

One thing I always tell people is to avoid being greedy when investing in bitcoin, always withdraw your profits whenever you hit yout target instead of waiting for it to increase further. I'm not really concerned with how others spend their profits though but my only advice to those investing in bitcoin is to avoid hodling more after hitting your target because it's common knowledge that bitcoin is unstable.

There's nothing like greed here mate, investors is meant to HODL thier bitcoin for a longer period until thier investment gets matured because saying that we can sell whenever we get to our target could make most newbie Investors to start looking into short term because they might just decide to start selling thier holdings when they have not even gotten to thier accumulation status reason been that  they discover that they are in profit, even though investors would like to sell when it hits their target but first they need to ensure that they have reach their Investment goal or the status of overaccumulation before looking into selling their bitcoin.

Your idea has validity to it. Long-term holders, or investors, generally do not consider selling out of their Bitcoin holdings until they have met their plan or long-term accumulation goals. If beginner investors begin to think about selling their Bitcoin at the first small price increase, they are going to change their mindset from that of being a long-term holder to that of a short-term holder. This will likely disrupt their accumulation plan. Therefore, you need to develop a long-term investment goal and be patient to stick with your original plan or accumulation goal. Only after you have reached your long-term accumulation goal or met your established long-term investment target will you be able to justify selling.

[Big Dirams]

Your idea has validity to it. Long-term holders, or investors, generally do not consider selling out of their Bitcoin holdings until they have met their plan or long-term accumulation goals. If beginner investors begin to think about selling their Bitcoin at the first small price increase, they are going to change their mindset from that of being a long-term holder to that of a short-term holder. This will likely disrupt their accumulation plan. Therefore, you need to develop a long-term investment goal and be patient to stick with your original plan or accumulation goal. Only after you have reached your long-term accumulation goal or met your established long-term investment target will you be able to justify selling.

It always a smart idea to always have plans and strategies set out before investing so even if the market goes in our favour we can easily know our next steps and things to do not when we are in little profits we begin to panic or stay confused either to withdraw our profits or let it grow more. That not a smart idea at all, have a plan either a investor aiming for long term success or short term profits let always have plans so we can know our exit point and how to maintain our portfolio in the crypto market.
  Some investors just walk into the market without plans or analysis at all, they just buy during dips or maybe even highs and hope for little pumps and secure their profits not considering the facts that what if the market tends to switch trends what will they do or what plans do they have……of course none they will end up in regrets and maybe higher loss.  

[MainIbem]

Your idea has validity to it. Long-term holders, or investors, generally do not consider selling out of their Bitcoin holdings until they have met their plan or long-term accumulation goals. If beginner investors begin to think about selling their Bitcoin at the first small price increase, they are going to change their mindset from that of being a long-term holder to that of a short-term holder. This will likely disrupt their accumulation plan. Therefore, you need to develop a long-term investment goal and be patient to stick with your original plan or accumulation goal. Only after you have reached your long-term accumulation goal or met your established long-term investment target will you be able to justify selling.

That's what Bitcoin investment is all about, buy and holding for long-term. Yes it's your money but an investor should ensure that they sell at the right time and not at loss, for instance this is the wrongest time one should be thinking of selling regardless of how long you've held or whether you've met your target, this is the bear season an accumulation phase and a time to buy Bitcoin cheaper so instead of selling it's best to accumulate as much as possible before the market recovers and set new highs.

[Lembo69]

That's what Bitcoin investment is all about, buy and holding for long-term. Yes it's your money but an investor should ensure that they sell at the right time and not at loss, for instance this is the wrongest time one should be thinking of selling regardless of how long you've held or whether you've met your target, this is the bear season an accumulation phase and a time to buy Bitcoin cheaper so instead of selling it's best to accumulate as much as possible before the market recovers and set new highs.

Yes, I agree with you, you should save as much Bitcoin as possible during this season. Selling at a loss is not a wise thing to do. The more Bitcoin you save at this time, the more profit you will make in the next cycle. That is, the Bitcoin you save will bring you profit. But those who do not save Bitcoin and sell it after getting the opportunity of this market will regret it in the next cycle.

If an investor cannot take advantage of the dip, then what kind of investor is he? A disciplined investor is one who is able to use the opportunity of the dip. And makes long-term sustainable investments

[Out of mind]

I know that Bitcoin is good to hold for many years so that it's value will increase very well and you will make a lot of profit. What if you have long term plan on what to do with your Bitcoin like in the next 8 years and it happens that it fall into bear run at that time meaning that price has dip. What will you do, will you go ahead and sell or hold it till the next bull run?

_

It is good to hold Bitcoin for a long time, those who have invested in Bitcoin in the past have made a lot of profit. If someone plans to invest for a long time, then he will never be disappointed, but if he holds it for a long time with patience, then at some point when the market increases a lot, he will be able to earn good profits from there. If someone plans to invest for a long time, then he will never be disappointed by the volatility of the market and when the market falls, but he is patient. When I invest in Bitcoin for a long time, I will definitely try to buy more during bad times and wait until the bull run so that I can earn high profits.

[MainIbem]

...

Yes, I agree with you, you should save as much Bitcoin as possible during this season. Selling at a loss is not a wise thing to do. The more Bitcoin you save at this time, the more profit you will make in the next cycle. That is, the Bitcoin you save will bring you profit. But those who do not save Bitcoin and sell it after getting the opportunity of this market will regret it in the next cycle.

If an investor cannot take advantage of the dip, then what kind of investor is he? A disciplined investor is one who is able to use the opportunity of the dip. And makes long-term sustainable investments

That's what some investors don't understand you don't take profits when the market is bearish and it doesn't matter whether you've held for long, doing that means you're losing than profiting. You'll barely see most whales selling at lose, they always accumulate more during periods like this and might decide to sell some when the market recovers and they've made gains from what they've accumulated during the bearish period. Every season has their opportunities, investors just need to understand how to go about it.

[Y3shot]

When investing in bitcoin their are alwayd goals and the common goal most people normally have is to invest in bitcoin until it becomes very profitable,  then they can decide to sell Bitcoin when it gets profitable but some people are unable to get to this goal for many reasons , that is why one will always feet regretted because it was impossible to get to the target. So it is a normal thing to feel regret when are selling at a time when theh are suppose to sell.

[Achalugo BTC]

You have a different motivation from mine because even if I they hold Bitcoin for dip no mean say na there my motivation they but I they like Bitcoin plenty when the price they impressed me because na there imagination of how person go take get plenty money for future go strong and the motivation to they invest go they come out. If the reduction they motivate you how you go come get the profit way make you invest for Bitcoin, are you telling me that at the end of the day when you won comot for the holding and see say plenty of your money done reduce because of say the price fall I believe say you no go like am so actually rises should motivate you.

Well, you dey right but people supposed understand say for anything wey concern Bitcoin, people has the right to decide what to do with their own, as no body get am for them. But e dey important to know that as you get right to decide wetin you go do with am, whether it rises or it reduces, make you also dey ready to take responsibility for whatever thing that will happen, because in Bitcoin anything can happen at any moment, which is why one has to be careful and cautious at all.