What's the END?

[red4slash]

All investor are invest in bitcoin certainly have their own goals and I don't think any of us will keep bitcoin until they die unless there may be some unexpected things happening. I also have a goal where financial freedom is my goal.

This obviously varies as everyone has their own level of financial freedom but I've personally set this as my version and it's not my time to stop saving my bitcoins.
Indeed in the end maybe we will not know when our age ends but talking about affairs related to mysteries such as life it becomes ridiculous because when thinking about death we will only be afraid so why think too far about death while we alone there are still many things to consider because death is a mystery and no one knows when they died.

[whiteblue]

"Don't sell, keep buying" doesn't direct that you shouldn't take profit when you have reached the maturity of of investment based on your target, but that you shouldn't sell all of your bitcoin but leave a portion for reinvestment continually.

Everyone has their own target and should follow to it. If the market appears in a situation where it's comfortable for someone to sell off all their holdings. I won't hold anything against the person, It's their choice, and they can still keep part of the money gotten from the profit used it for reinvesting selling everything don't mean they won't invest again in bitcoin some people prefer to empty their wallet entirely before start from fresh again.

Honestly, there's no prohibition against anyone selling or buying anything based on their own interpretation of investing. We can't blame someone if that's their decision, and their decision is based on a predetermined goal. They have the right to do whatever they want. However, what's ridiculous is those who aim for financial freedom from Bitcoin but can't afford to hold on to it for the long term. That's simply ridiculous and irrational. They should accept the advice of someone more experienced rather than making an ill-advised decision.

You can sell your Bitcoin, that's your decision, but regret will always follow when you don't have any Bitcoin left in your wallet.

[Pablo-wood]

To me, it all boils down to the reason we choose to invest in the first place. People invest in Bitcoin for different reasons. Some are looking for short-term profits, others are focused on long-term gains, some want to build generational wealth, while a few simply want to leave an inheritance for their descendants.

Based on these differences in goals, every investor will have different view as regards the end of their personal market cycle. I would  rather keep two portfolios one tied to a long-term goal and another used more actively to build wealth. Considering how unpredictable the economy has become and how GDP growth keeps weakening, this approach gives me more flexibility and clearer investment goal.

[Hamza2424]

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

It is not that hard bro. Also, don't force holding bitcoin on yourself. It is just an investment, even those who say never to sell are selling. Don't follow others, but follow those you aspire to become like. For example you saw someone making good income from their bitcoin investment, and you also want to be like them, so you better ask them what they did like when they bought, when the sold what their strategy was.

JJG has made a detailed topic on this one, too, like when we should sell, he has talked about the fuck you status concept. It means you become financially independent by holding a specific amount of bitcoin that gives you enough funds you need to live happily due to the price appreciation of it, so it never fades away. It is a lifetime thing until btc is going up.

[Ojima-ojo]

For a set target we have to abide with some rules that keep us on the track to achieve our aim sometimes including timeframe to Bitcoin investment is not all good and the outcome sometimes end in frustration when the price of Bitcoin noise dive unexpectedly.


Before I start out as Bitcoin investor some year's ago, I first of all develope my interest on Bitcoin and focused only on Bitcoin avoiding the distraction from altcoins, that have paid off a lot for me lately mostly when I took my first profits when the price of Bitcoin reached $110,000.

[Onyeeze]

All investor are invest in bitcoin certainly have their own goals and I don't think any of us will keep bitcoin until they die unless there may be some unexpected things happening. I also have a goal where financial freedom is my goal.

i want you to ask yourself if bitcoin will make you to have a financial freedom, bitcoin is a risk investment and it will not guarantee you a financial freedom once you started to invest, the risk that is involve in bitcoin investment can make you to lose interest on bitcoin, and also know that not everyone who interest in bitcoin are rich.

This obviously varies as everyone has their own level of financial freedom but I've personally set this as my version and it's not my time to stop saving my bitcoins.
 because death is a mystery and no one knows when they died.

Not now that people dies and their bitcoin become waste, investors accumulate their bitcoin and hold whenever they feel to hold, and they' are not afraid of death not invest for bitcoin, investors that invest in Bitcoin for long term do write their seed phrase on a paper and document it, in case they die mysteriously, I want to tell you that death should not scared you away not to invest in Bitcoin

[philipma1957]

Everyone of us have a bitcoin target or a goal that includes holding bitcoin in it, yes as long as you have been educated with bitcoin knowledge you will definitely create a goal for yourself to buy bitcoin and hold it but then there is the one question that nobody wants to talk about, what exactly is the end goal? when you die? will the holdings become inheritance for you since you're in the long term goal? what's your age and how long do you want to hold? when you hold this long will you still be available to see the value it becomes? what's the exact end?

I kept wondering, if I want to hold bitcoin just because I was educated that if I hold it will give me more profit and then I just have to keep buying and holding? what's my intention or what do I want to achieve with all the bitcoin in the end?

But then when is the end? is that when we die?

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

today if you sell it all and walk away.

or tomorrow

it is up to you

[Patikno]

Everyone of us have a bitcoin target or a goal that includes holding bitcoin in it, yes as long as you have been educated with bitcoin knowledge you will definitely create a goal for yourself to buy bitcoin and hold it but then there is the one question that nobody wants to talk about, what exactly is the end goal? when you die? will the holdings become inheritance for you since you're in the long term goal? what's your age and how long do you want to hold? when you hold this long will you still be available to see the value it becomes? what's the exact end?

I kept wondering, if I want to hold bitcoin just because I was educated that if I hold it will give me more profit and then I just have to keep buying and holding? what's my intention or what do I want to achieve with all the bitcoin in the end?

But then when is the end? is that when we die?

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

So, here it is, my friend. My personal answer to your question.

Personally, I don't think there is an ultimate goal to owning Bitcoin; it can even be passed down to the next generation (family), because, essentially, we don't take anything in this world with us when we die. This kind of discussion has actually been discussed before, as far as I can remember, but it is just not frequently discussed. Regarding how long to hold Bitcoin, I would answer that it would be wise to hold Bitcoin as long as possible and use it as savings, as Bitcoin is more resistant to inflation in the long term than fiat currencies (in fact, the value of fiat currencies is increasingly eroded in the long term).

In essence, I consider Bitcoin as savings, and can be used at any time, especially when needed.