Buy Buy Buy or Sell Sell Sell?

[Mahanton]

~snip~

What a very good way to consider things about selling and accumulation. It's true that I have accumulated a bit in those early years of BTC but I've sold some from those points of ATHs that we've got in the past but the good thing is that I didn't oversold and still able to accumulate. And I think if ever someone has overaccumulated, it's better than someone overselling huge portions of his holdings. I'm glad that I didn't or I am just patting my back so that I won't remember mistakes that I did that can be considerably huge in valuation now knowing that the price of BTC has been up already. Well, considering accumulation and selling, someone's gonna be in a tough situation about being in both place but I think someone thinking about selling now is having a good problem compared to someone who's struggling to accumulate and didn't know whether they'll continue or not from this point because BTC keeps hitting new ATHs.

I am not sure if I completely agree with your comparison of the newbie to the one who has already accumulated a decent amount of BTC.  Surely the one who has already accumulated a decent amount of BTC, that person is going to have more options based on already having had accumulated BTC,  yet such person still could end up getting themselves in a pickle if they are overly selling and not even realizing that they are overly selling, but yeah, we cannot save anyone from themselves, since there are quite a few slippery slope matters when it comes to each person attempting to figure out his own 9 individual factors in which ONLY one of those factors deals with perceptions of BTC prices as compared with other places that money can be placed, and so it could become problematic for any newbie to be placing too much emphasis on perceptions of BTC prices, yet even a more experienced BTC accumulator could also get sucked into a similar trap based on his own overly weighting the BTC price matter instead of making sure that he really does sufficiently understand his spot in regards to the other 8 factors.

Of course, with your own 8.5 years in bitcoin (going by your forum registration date), you likely have had several opportunities to get better acquainted with your 9 individual factors (without only overly focusing on your perceptions of BTC price as compared with other possible places that you can put your value), so it is more likely that you are going to have developed some kind of a plan that is more in sync with your other 8 factors.. or at least putting those other 8 factors into your equation in terms of how to deal with various BTC price moves.

That's right, I think I am just fortunate that I was able to get in too early and did realized things early and thanks to your great reminders as well. These 9 individual factors are for real and I do understand why many can't do such the way we did it because with too many factors that have stopped or delayed them in accumulation. I've got some plans already but unlike the others, I don't have an exit plan just as how they're thinking of selling everything they own.

This would really be that situational in speaking about selling whether everything or a partial of it. We do know that the main golden rule on this investment is that profit is profit. If you do have the chance or opportunity to secure out profits then do it but since there are things which are really that more worth to hold then it will really be that not ideal that to make out such actions.  Every actions made isnt something that could be considered bad all the time because there are situations on which people been holding into something which is really that good for short term and there are ones which are really that good for long term.
It will really be just that depending on a certain individual about on how they would really be handling out their investments. It will really be that too impossible that you cant be able to determine those moments
on which needing up to secure profits or hold up your position.

Actually its never been that simply neither on buying or selling out your positions on which we know that when it comes into this aspect on where every decision would really be that crucial because you wont really be able to know whether its the right time or moment that you are really that dealing into.

[CryptoHeadlineNews]

my sincere advice to newbies will be that if you can afford both (i.e trading and investing long term) you can go about it. But if you can't afford both, it's better you just buy and forget about it for very long time.

This is a wrong advice and very misleading. How will you advice brand new investor who doesn't have any bitcoin investment to go about trading the little bitcoin that he can afford to buy, that's a dumb idea. Do you know that it is impossible to serve two masters at the same time, because you will love one more than the other. If you eventually want to do both at the same time thinking you are smart enough, there is a high chance that you will end up being a trader than a long-term investor, because when you run at loss, you will definitely take from your bitcoin investment to cover up so that you can trade again, and gradually you lose it all.

And that is why I said if newbies on this forum can afford both, they should go for it, because I wasn't sleeping when I said what I said, and I know though a person can be a newbie on this forum, it doesn't make them newbie to Bitcoin or neither trading, and likewise though trading may seems risky for early starters, it doesn't mean if they master the craft they can't do better as time goes on. So on the contrary, inasmuch as I so much agree and support that people should buy and hold their Bitcoin for long term, I don't discourages anybody who wants to give trading a trial, inasmuch as they are willing to accept the risk involved. So that's what I meant

[Scarlett_23]

Most People I have seen who are into landed property investment only sell land to buy another land at cheaper prices, meaning you can only sell your Bitcoin to Buy more Bitcoin, selling some portion at the top to buy back the dips.

Land is an asset but you don't treat bitcoin the same way that you treat a land. Bitcoin has given us the opportunity to buy with a little amount and you don't need big funds to start your bitcoin investment provided that you have a discretionary income even as low as $10 or $20, you can invest in bitcoin. This is why when you are investing this amount every week from your discretionary income regularly in order for you to be able to be increasing your bitcoin portfolio overtime.

Bitcoin investment is for the future, is just like you are saving 10% of your income in the bank so that you can have a huge amount of money at old age when you can use it to back up your financial life when you are old. This is how you should treat your bitcoin investment, you only add and not take so that you can reach your bitcoin target by staying focus on building and growing your portfolio.

A new investor shouldn't think about profit since he just started his bitcoin investment journey so that he does not make the wrong choice but rather see bitcoin as a means of saving his funds because it is an investment that give you good profit in the long term, since bitcoin price has the high odds of an uptrend movement than downtrend movement since it is in its maturing state.

No matter how smart you think you are in buying low and sell high believing to buy back at low price, you are a trader and you are not exceptional from the consequences of trading. Bitcoin is worth more than land, and so treat your bitcoin investment like something that's not worth selling and precious to you so that you can reach your bitcoin target with dedication and all seriousness by keeping your bitcoin accumulation ongoing, rather than slowing it down when you sell to buy back because that's a dangerous approach for a long-term investor.

You are right that land is bought outright and in bulk and held permanently.  But Bitcoin is different in that it can be bought in small amounts.  Anyone can buy it for $10-$12 per week or less if they want.  Trading also requires large funds, but you don't need large funds in the only system that Bitcoin has.  We can increase investment by investing less.  If we have a job or business, save something from it for old age.  In the same way we can accumulate Bitcoins.  This can give us a good amount of profit over time.  We will put aside the thought of profit first and use it first to preserve the purchasing power of money.  Basically we use bitcoins for storage and not for sale.  It can be risky if we trade repeatedly.  It would be wise to maintain a little consistency. 

In short, you have to plan to hold for the long term by excluding the thought of buying low and selling high.  And if you proceed with patience and planning in this way, it will play a helpful role in achieving the goal.

[JayJuanGee]

~snip~

What a very good way to consider things about selling and accumulation. It's true that I have accumulated a bit in those early years of BTC but I've sold some from those points of ATHs that we've got in the past but the good thing is that I didn't oversold and still able to accumulate. And I think if ever someone has overaccumulated, it's better than someone overselling huge portions of his holdings. I'm glad that I didn't or I am just patting my back so that I won't remember mistakes that I did that can be considerably huge in valuation now knowing that the price of BTC has been up already. Well, considering accumulation and selling, someone's gonna be in a tough situation about being in both place but I think someone thinking about selling now is having a good problem compared to someone who's struggling to accumulate and didn't know whether they'll continue or not from this point because BTC keeps hitting new ATHs.

I am not sure if I completely agree with your comparison of the newbie to the one who has already accumulated a decent amount of BTC.  Surely the one who has already accumulated a decent amount of BTC, that person is going to have more options based on already having had accumulated BTC,  yet such person still could end up getting themselves in a pickle if they are overly selling and not even realizing that they are overly selling, but yeah, we cannot save anyone from themselves, since there are quite a few slippery slope matters when it comes to each person attempting to figure out his own 9 individual factors in which ONLY one of those factors deals with perceptions of BTC prices as compared with other places that money can be placed, and so it could become problematic for any newbie to be placing too much emphasis on perceptions of BTC prices, yet even a more experienced BTC accumulator could also get sucked into a similar trap based on his own overly weighting the BTC price matter instead of making sure that he really does sufficiently understand his spot in regards to the other 8 factors.

Of course, with your own 8.5 years in bitcoin (going by your forum registration date), you likely have had several opportunities to get better acquainted with your 9 individual factors (without only overly focusing on your perceptions of BTC price as compared with other possible places that you can put your value), so it is more likely that you are going to have developed some kind of a plan that is more in sync with your other 8 factors.. or at least putting those other 8 factors into your equation in terms of how to deal with various BTC price moves.

That's right, I think I am just fortunate that I was able to get in too early and did realized things early and thanks to your great reminders as well. These 9 individual factors are for real and I do understand why many can't do such the way we did it because with too many factors that have stopped or delayed them in accumulation. I've got some plans already but unlike the others, I don't have an exit plan just as how they're thinking of selling everything they own.

This would really be that situational in speaking about selling whether everything or a partial of it. We do know that the main golden rule on this investment is that profit is profit.

The main goal of an investor need not be profits, but instead preparing himselves to have more options in the future, and surely profits could be part of the place where he expects to be, but an investor is not necessarily maniacally focused on profits.

Traders tend to focus on profits, and in bitcoin so many traders screw up (and they might even think of themselves as investors since they do not know the difference between trading and investing).  Frequently the traders screw up in bitcoin because they are thinking about short term dollar profits - whether or not they might be able to buy back cheaper, but if they end up selling way too many BTC too soon, then they end up missing out on profits from the price going up.. ... and surely great BTC price volatility can be confusing for investors as well as traders, yet it becomes dangerous to be selling and expecting to accumulate more BTC at a cheaper price... even though it can also be painful if the BTC price suddenly drops 20% or 50% or even greater than that.

If an investor has a long timeline, he may or may not be in profits for his first 4-8 years of accumulating BTC, depending on how the accumulations had been taking place, yet if the BTC price goes shooting up, he can become confused about what to do.. and then he might get unlucky by selling too much BTC too soon (and then also screwing up his BTC accumulation system and psychology) or he might end up getting lucky to buy back cheaper.. .. but he still ends up gambling/trading even if he might be referring to himself as an investor.

I suppose in the end you can think about matters how you like, including thinking that everyone is thinking about profits - which I think is causing you to think about the asset wrong.. but whatever you do you, and hopefully not too many people adopt your narrow way of thinking about what is investing and how investing differs from trading.

If you do have the chance or opportunity to secure out profits then do it but since there are things which are really that more worth to hold then it will really be that not ideal that to make out such actions.  Every actions made isnt something that could be considered bad all the time because there are situations on which people been holding into something which is really that good for short term and there are ones which are really that good for long term.

You sound confused.   there were a lot of guys selling their bitcoin in late 2023 in the $30ks and $40ks and the BTC prices did not return to those prices.  There were also alot of guys selling in the $70ks and $80ks, and so sure the BTC price might go back to those levels, but how are those profits doing for them right now?

It seem to me that part of the focus of the investor is to keep buying, and sure if somewhere down the road he has a sufficient amount of BTC, then he will also likely have more options, just like you perhaps have more options since you (@Mahanton) have been in BTC since early 2016 (going by your forum registration date), yet there are still a lot of newbies to bitcoin who likely need to build up their BTC holdings prior to fucking around with selling or overly concerning themselves with profits.... I cannot assume your situation, especially since you are getting close to 9 years in bitcoin, so surely it could be possible that you have accumulated a decent size BTC stash, to the extent that you did not devolve too much into trading over the past 9 years rather than investing... which surely there could be a lot of ways that you might have had been able to accumulate (or overaccumulate) BTC in the pat nearly 9 years.

It will really be just that depending on a certain individual about on how they would really be handling out their investments. It will really be that too impossible that you cant be able to determine those moments
on which needing up to secure profits or hold up your position.

Again.. a trader's way of framing matters, and you are referring to such as an investment approach.

Actually its never been that simply neither on buying or selling out your positions on which we know that when it comes into this aspect on where every decision would really be that crucial because you wont really be able to know whether its the right time or moment that you are really that dealing into.

Maybe we should work out your numbers Mahanton?

If you had been investing in bitcoin since your forum registration date (Feb18, 2016) at $100 per week and not fucking around with selling, just buying $100 per week of BTC, then you would have had invested right around $45.8k and you would have accumulated just over 13.5 BTC. 

Has whatever you been doing with your trading performed better than that?

Even with those numbers, such person might not be in a position of over accumulating of BTC...  Since I am not sure if 13.5 BTC would be enough for a person who is investing aroudn $5,200 per year, and maybe presumably with an income of between $30k and $80k, and surely 13.5 BTC would be getting close, and ONLY after less than 9 years investing in BTC.. through a practice of ongoingly accumulating BTC through DCA.

[SuperBitMan]

Bitcoin hits $98,951.02. a lot of people believed Bitcoin will not hit $100k this year but it already happening, please let keeping accumulating and holding, be among those that was holding till Bitcoin hitted $100k.
Bitcoin hitting $98,951.02 today is linked to increasing market interest and speculation over regulatory clarity.

If you have not hit a fuck you stage let's keep buy buy buy and not sell sell sell, we still have hope that Bitcoin will still grow more than $100k, very soon our next dream will be for Bitcoin to hit $200k and the way things are going it will happen.
Some set of people will feel selling now is the best but when Bitcoin hits $150k selling now won't be the best again, those that sold at early stage of $40k will not see it as best now.

[Barikui1]

Bitcoin hits $98,951.02. a lot of people believed Bitcoin will not hit $100k this year but it already happening, please let keeping accumulating and holding, be among those that was holding till Bitcoin hitted $100k.
Bitcoin hitting $98,951.02 today is linked to increasing market interest and speculation over regulatory clarity.

If you have not hit a fuck you stage let's keep buy buy buy and not sell sell sell, we still have hope that Bitcoin will still grow more than $100k, very soon our next dream will be for Bitcoin to hit $200k and the way things are going it will happen.
Some set of people will feel selling now is the best but when Bitcoin hits $150k selling now won't be the best again, those that sold at early stage of $40k will not see it as best now.

Yea, the 100k mark have been expected for a while now by most investors, no doubt, but it changes nothing, it's a value I expect Bitcoin to beat easily, so those sets of investors thinking of selling at such a price is doing themselves no good, because that was how those early Bitcoin investors thought that they have struck gold when they sold their Bitcoin at 1k dollars.

So I believe that in like 10 years time from now, those that was able to hold their Bitcoin till then, will forever be grateful for holding that long because Bitcoin might have done something extraordinary in it value, so thinking of selling at this present milestone is a massive loss which you might live with the regret, the rest of your life if you later experience Bitcoin hitting 1million dollar in the future, so while we celebrate of this milestone, we shouldn't forget to accumulate more Bitcoin because it's the real deal that can change your financial history forever.

[Ricardo11]

Bitcoin hits $98,951.02. a lot of people believed Bitcoin will not hit $100k this year but it already happening, please let keeping accumulating and holding, be among those that was holding till Bitcoin hitted $100k.
Bitcoin hitting $98,951.02 today is linked to increasing market interest and speculation over regulatory clarity.

If you have not hit a fuck you stage let's keep buy buy buy and not sell sell sell, we still have hope that Bitcoin will still grow more than $100k, very soon our next dream will be for Bitcoin to hit $200k and the way things are going it will happen.
Some set of people will feel selling now is the best but when Bitcoin hits $150k selling now won't be the best again, those that sold at early stage of $40k will not see it as best now.

Yea, the 100k mark have been expected for a while now by most investors, no doubt, but it changes nothing, it's a value I expect Bitcoin to beat easily, so those sets of investors thinking of selling at such a price is doing themselves no good, because that was how those early Bitcoin investors thought that they have struck gold when they sold their Bitcoin at 1k dollars.

So I believe that in like 10 years time from now, those that was able to hold their Bitcoin till then, will forever be grateful for holding that long because Bitcoin might have done something extraordinary in it value, so thinking of selling at this present milestone is a massive loss which you might live with the regret, the rest of your life if you later experience Bitcoin hitting 1million dollar in the future, so while we celebrate of this milestone, we shouldn't forget to accumulate more Bitcoin because it's the real deal that can change your financial history forever.

Yes, if we research the history of Bitcoin, we will clearly see that those who have invested with patience and hold long-term perspective, they have the most profitable. Bitcoin is a long-term currency, no matter how much it fluctuates in the short term, it will definitely increase in the long term.
Bitcoin can be $1 million or more in the future, because it is not impossible.
For example, if we think about 2009, did anyone think at that time that Bitcoin would be 100K in 2024? At that time, no one believed that Bitcoin would be 100K in the future, but it happened. And those who invested in Bitcoin at that time, they are now millionaires.
So Bitcoin will be $1m in the future, since $100K is possible, $1m also not impossible in any way, it will definitely happen at some point, maybe in 5 years or 10 years, or anytime.
So every investor should plan for the long term, by holding Bitcoin we will not only benefit financially, it also can change our lives.
So believe Bitcoin, Bitcoin will reach $1M in the future, those who do not believe this now and sell their holdings for $100K, they will only regret it when Bitcoin reaches $1M in the future.
And those who hold on, their financial situation will completely change after Bitcoin reaches $1M.

[avp2306]

Bitcoin hits $98,951.02. a lot of people believed Bitcoin will not hit $100k this year but it already happening, please let keeping accumulating and holding, be among those that was holding till Bitcoin hitted $100k.
Bitcoin hitting $98,951.02 today is linked to increasing market interest and speculation over regulatory clarity.

If you have not hit a fuck you stage let's keep buy buy buy and not sell sell sell, we still have hope that Bitcoin will still grow more than $100k, very soon our next dream will be for Bitcoin to hit $200k and the way things are going it will happen.
Some set of people will feel selling now is the best but when Bitcoin hits $150k selling now won't be the best again, those that sold at early stage of $40k will not see it as best now.

Yea, the 100k mark have been expected for a while now by most investors, no doubt, but it changes nothing, it's a value I expect Bitcoin to beat easily, so those sets of investors thinking of selling at such a price is doing themselves no good, because that was how those early Bitcoin investors thought that they have struck gold when they sold their Bitcoin at 1k dollars.

So I believe that in like 10 years time from now, those that was able to hold their Bitcoin till then, will forever be grateful for holding that long because Bitcoin might have done something extraordinary in it value, so thinking of selling at this present milestone is a massive loss which you might live with the regret, the rest of your life if you later experience Bitcoin hitting 1million dollar in the future, so while we celebrate of this milestone, we shouldn't forget to accumulate more Bitcoin because it's the real deal that can change your financial history forever.

When this surge continue to occur many people are positive that bitcoin would cross into that price level. Although it cannot change anything but for sure this milestone reached by bitcoin will give more confidence to all Hodlers to continue more and always stick on their plan. Those people thinking about selling is just another scared goats who think that bitcoin might dump soon. But also same as other people regret on why they sell before for sure history will repeat to these guys if bitcoin would show up better more figures in future.

I also believe 10 years from now we could able to see more good prices to reach by bitcoin since we cannot erase the real fact that bitcoin supply is limited which provably lots of people knows about it and the demand is increasing more each years pass on. How much more now that America under Trump's term showing an interest to make their country to became a bitcoin friendly nation then this will add some confidence to people that continue everything they do since bitcoin will became more stronger currency in future.

[Promocodeudo]

That's true by the way about what the future holds for those who invest in Bitcoin holds it without selling it for a very long period of time. And secondly, despite the fact that holding Bitcoin for a very long time is good, it doesn't make it better than trading it, because there have been people who traded Bitcoin and equally made a fortune from it, and by that I mean those who trade with "Futures".  Hence, my sincere advice to newbies will be that if you can afford both (i.e trading and investing long term) you can go about it. But if you can't afford both, it's better you just buy and forget about it for very long time.

@CrytoheadlineNews I have gone through your statements, you acknowledge the fact that holding Bitcoin for a long-term is very beneficial to bitcoiners which took it upon themselves to do so but what I don't understand is why you should be comparing Bitcoin investment and trading, i thought you will give us another instance of how trading can be better than Bitcoin investment and holding it for a long-term but we keep seeing and hearing the same story from different people here everyday, as you said it, those people that traded bitcoin and made profit from, have you been able to equally ask them how much they have lost so far, that's funny when you said trade with futures, though thats talk for another day.

It's very wrong to advise a newbie about trading when you know what trading is all about, do you know that if some newbies eventually involve themselves in trading it may ruine there investment plan because in so doing they might be addicted in the process because of loss chasing and as such that will be the end of their involvement in anything that concerns Bitcoin investment because they may think that the way it's in trading may also be the same with Bitcoin investment, so for me I don't find it funny when we advise newbies to take up the two if they can, Bitcoin investment is designed to a long-term investment, so of what need should it be for us to divert the attention of the new folks when we know that they might not be able to come out from it, personally I will always be an advocate of long-term investment at all time and that's my take on this.

[Agbe]

It is not a new thing that buying bitcoin for a long term is the key success for an investors who has the understanding of bitcoin investment. And the subject makes.it clear for everyone here. It is to buy and it is to sell. In investment you buy and keep it for the period not time which is still low and once it is up to the time you will like to sell them you sell it and take your profits and this is the time of selling. Even if not all it is better to taste the $99k to the $100k then continue again for another All Time High for a long term investment. Investment should be on stages. And I think this is one of the stages to sell. Though it is not for all but those who like to.

[Proty]

It is not a new thing that buying bitcoin for a long term is the key success for an investors who has the understanding of bitcoin investment. And the subject makes.it clear for everyone here. It is to buy and it is to sell. In investment you buy and keep it for the period not time which is still low and once it is up to the time you will like to sell them you sell it and take your profits and this is the time of selling. Even if not all it is better to taste the $99k to the $100k then continue again for another All Time High for a long term investment. Investment should be on stages. And I think this is one of the stages to sell. Though it is not for all but those who like to.

You sound wey more like a trader than an investor because there are so many who are still in there early phase of bitcoin  accumulation so saying that this is the time to sell is quite wrong because you  never put into consideration that we all have our investment timeline which is to hold for 8-10yrs or more as per our investment timeline ,  i would like to know that this not the time to sell rather we should focus more on continuous accumulation of bitcoin rather than merely getting profit out of dollar since dollar does dont store value .There are people who invested in bitcoin to hold value and not for short term profit

[Agbe]

Well i would like to know that this not the time to sell rather we should focus more on continuous accumulation of bitcoin rather than merely getting profit out of dollar since dollar does dont store value

Well it is a personal choice. And it is your funds, you can do whatever pleases you. But and sell is always involved in the investment and trading. Assuming you bought as the rate of $16k and $20k and now it is $100k and after this period probably from next year it would go back to $30k or below. Who lose? Investment is all about calculation. Oh Yes bitcoin will definitely rise to $400k but if you sell it as the time of $100k and buy back at the time of $30k who make the profit? And when you rebuy, you can keep it for as long as you want until the price hit your target. But if this bull is not your target then you can still continue hodling it because it is your investment and you know what you are doing. Good luck for the investment.

[Proty]

Well i would like to know that this not the time to sell rather we should focus more on continuous accumulation of bitcoin rather than merely getting profit out of dollar since dollar does dont store value

Well it is a personal choice. And it is your funds, you can do whatever pleases you. But and sell is always involved in the investment and trading. Assuming you bought as the rate of $16k and $20k and now it is $100k and after this period probably from next year it would go back to $30k or below. Who lose? Investment is all about calculation. Oh Yes bitcoin will definitely rise to $400k but if you sell it as the time of $100k and buy back at the time of $30k who make the profit? And when you rebuy, you can keep it for as long as you want until the price hit your target. But if this bull is not your target then you can still continue hodling it because it is your investment and you know what you are doing. Good luck for the investment.

Well you can do whatever you fells like but it is wrong to say that this is the right time to sell without putting into consideration the people you are addressing that majority are barely a year old in there bitcoin accumulation journey which to me the statement is misleading and also you fail to understand that we all have our investment timeline, even if you have reach your investment timeline i would not advise anyone to sell off all his bitcoin with false hope of buying back at $30k ,what even makes you feel that bitcoin will dip to $30k and this speculation of yours makes me wonder if you know the potential of bitcoin infact the recent price should be a motivation to all investor to focus on accumulating more bitcoin and hold for 8-10yrs or more.however we are all entitled to make our own decisions/ choices as regards to our investment.

[DubemIfedigbo001]

Well i would like to know that this not the time to sell rather we should focus more on continuous accumulation of bitcoin rather than merely getting profit out of dollar since dollar does dont store value

Well it is a personal choice. And it is your funds, you can do whatever pleases you. But and sell is always involved in the investment and trading. Assuming you bought as the rate of $16k and $20k and now it is $100k and after this period probably from next year it would go back to $30k or below. Who lose? Investment is all about calculation. Oh Yes bitcoin will definitely rise to $400k but if you sell it as the time of $100k and buy back at the time of $30k who make the profit? And when you rebuy, you can keep it for as long as you want until the price hit your target. But if this bull is not your target then you can still continue hodling it because it is your investment and you know what you are doing. Good luck for the investment.

It seems you are losing track mate, are you looking at bitcoin investment from the short-term point of view or what? If you were very much interested in gambling with bitcoin rather than actual investment, then you should be having this discussion in the trading board and not here. Here we are having meaningful discussions about how to build your bitcoin portfolio as an investor and not gambling with it which is actually what I sense you are doing. Seems you are seriously campaigning for trading bitcoin in this thread, and it is not welcome.

Your information is positioning bitcoin as a short-term investment opportunity, and it is wrong. The only calculation you should be bothered about in your investment journey is the amount of discretionary income you have available and what percentage of it you should be investing regularly into bitcoin and which of it you should be using to build up your emergency fund to your desired level (3 -6 months or 1 year expenses equivalent as the case may be).

Bitcoin is an investment that should be approached with a long-term mindset and you would agree with me that if you were buying $500 worth of bitcoin from the time bitcoin was $16k monthly which is arguably November 2022, your investment would be worth over $40k by now with the price appreciation and it is also very wrong for you to approach bitcoin accumulation with price consciousness. Your focus should be on your accumulation target and finding ways to make more discretionary income available in order be more aggressive with your DCA and to reach your target faster.  

It is not a new thing that buying bitcoin for a long term is the key success for an investors who has the understanding of bitcoin investment. And the subject makes.it clear for everyone here. It is to buy and it is to sell. In investment you buy and keep it for the period not time which is still low and once it is up to the time you will like to sell them you sell it and take your profits and this is the time of selling. Even if not all it is better to taste the $99k to the $100k then continue again for another All Time High for a long term investment. Investment should be on stages. And I think this is one of the stages to sell. Though it is not for all but those who like to.

Wrong sir, bitcoin investment is different, it is not about timing when the market is high for you to sell, instead it is about accumulating enough bitcoin as much as you your target stipulates and going for a long-term ride before thinking about selling. Checking from history you would see that those who kept their investments for a longer time are those who are more successful in bitcoin rather than traders like you who just look for the bull run to sell.

This your information can be very misleading and lure uninformed investors to approaching bitcoin with a trading mindset rather than an investment mindset. It is not wrong to be a trader if it is your calling, but do not try to push this further as an investment pattern because it is a very wrong mindset for an investor. An investor should only think long-term and not intrigued by market movement and short-term profits.

[Agbe]

Well you can do whatever you fells like but it is wrong to say that this is the right time to sell without putting into consideration the people you are addressing that majority are barely a year old in there bit oin accumulation journey which to me the statement is misleading even if you have reach your investment timeline i would not advise anyone to sell off all his bitcoin with false hope of buying back at $30k ,what even makes you feel that bitcoin will dip to $30k and this makes me wonder if you know the potential of bitcoin infact the recent price should be a motivation to all to focus on accumulating more bitcoin and hold for 8-10yrs or more.however we are all entitled to make our own decisions as regards to our investment.

I have never changed my mind, this is one of the best time to sell. Do you know how many people were waiting for this period. I also predicted that bitcoin will hit $100k in 2028 but here it is, so it is good to sell now and rebuy again when the price goes down. And you know how many people want to buy bitcoin that I have asked them to pause? I don't like risking someone money. I discovered that your idea or understanding of this discussion is very narrow. You are talking about 8-10 years. What if the people that I am also asking to sell invested for more than those years you are talking about. If you bought bitcoin in the year 2022 when bitcoin was $15k, and now the price is $100k. Many forum users were waiting for this period. Though it will still go up. And definitely it will still come down from next. Bitcoin price of bearand bull run is 4 years interval and this is the period of bull run. You can go and read this thread to understand some things. https://asktom.cf/index.php?topic=5520206.0

I understand your purpose of this communication, it is for... J.J is the father of long term investment and he has a target. Do you know his target her price? No. If J.J has a target in his investment then you need to have too. Many forum users targeted $100k and I have been seeing it since when I came to the forum.

What is your target in bitcoin investment? Don't imitate others because we have different financial dealing. The matter you investment you must sell one day.

Well i would like to know that this not the time to sell rather we should focus more on continuous accumulation of bitcoin rather than merely getting profit out of dollar since dollar does dont store value

Well it is a personal choice. And it is your funds, you can do whatever pleases you. But and sell is always involved in the investment and trading. Assuming you bought as the rate of $16k and $20k and now it is $100k and after this period probably from next year it would go back to $30k or below. Who lose? Investment is all about calculation. Oh Yes bitcoin will definitely rise to $400k but if you sell it as the time of $100k and buy back at the time of $30k who make the profit? And when you rebuy, you can keep it for as long as you want until the price hit your target. But if this bull is not your target then you can still continue hodling it because it is your investment and you know what you are doing. Good luck for the investment.

It seems you are losing track mate, are you looking at bitcoin investment from the short-term point of view or what? If you were very much interested in gambling with bitcoin rather than actual investment, then you should be having this discussion in the trading board and not here. Here we are having meaningful discussions about how to build your bitcoin portfolio as an investor and not gambling with it which is actually what I sense you are doing. Seems you are seriously campaigning for trading bitcoin in this thread and it is not welcome. Your information is positioning bitcoin as a short-term investment opportunity and it is wrong.

Bitcoin is an investment that should be approached with a long-term mindset and you would agree with me that if you were buying $500 from the time bitcoin was $16k monthly which is arguably January last year, your investment would be worth over $30k by now with the price appreciation and it is also very wrong for you to approach bitcoin accumulation with price consciousness. Your focus should be on your accumulation target and finding ways to make more discretionary income available in order be more aggressive with your DCA and to reach your target  faster.  

if this were in altcointalk I would have given you -1. Because you don't understand my point and just dash in. Didn't you read the Word "Assuming"? This thread people are just looking for merits so they don't want it understand another thing than long term investment. Most of you don't even have any bitcoin investment in anywhere. I have invested in bitcoin and I know how much bitcoin I have gotten.

[Sim_card]

Well i would like to know that this not the time to sell rather we should focus more on continuous accumulation of bitcoin rather than merely getting profit out of dollar since dollar does dont store value

Well it is a personal choice. And it is your funds, you can do whatever pleases you. But and sell is always involved in the investment and trading. Assuming you bought as the rate of $16k and $20k and now it is $100k and after this period probably from next year it would go back to $30k or below. Who lose? Investment is all about calculation. Oh Yes bitcoin will definitely rise to $400k but if you sell it as the time of $100k and buy back at the time of $30k who make the profit? And when you rebuy, you can keep it for as long as you want until the price hit your target. But if this bull is not your target then you can still continue hodling it because it is your investment and you know what you are doing. Good luck for the investment.

Bitcoin investment is not all about investing during the bear market and sell during the bull run, how long will you keep on repeating this over and over again because of dollar gain and you forget that we are investing in bitcoin for long-term purpose which should be from at least 10-12 years and above. At the end when we are old, what will matter is how many bitcoin were you able to accumulate all through your accumulation phase because it is the size of your portfolio that will determine the profit in future when bitcoin price will reach 500k or more.

Don't forget that there's what we call the compounding effect of your portfolio, whereby your bitcoin investment will generate profits and that profit will be added to your portfolio and the new size of your portfolio will also generate more profits and so on. When you sell within a short time, you will miss all these benefits. If you sell your bitcoin and the price didn't dip to your expected price, it means that you will start waiting till bitcoin reaches 30k, what if bitcoin didn't reach 30k, it means that you have missed out and might not buy again because you have terminated your bitcoin investment and your expectations didn't come through.

It is easy to sell buy very hard to accumulate for long time, so why do you want to waste all the time that you have put together to build your portfolio by selling too soon because you are carried away with little profit. You bought bitcoin at 16k, and now you are expecting to buy at 30k which  I don't know if it's possible. Don't you see that you are the one losing here because you will not be able to buy bitcoin at 16k again. It will be wise if you forget about selling and continue building your bitcoin portfolio for the future, so you will reap bountifully when you are old. Investment should also be there no matter how long it takes. Bitcoin is precious to sell now because it will be better in the future.

Selling to buy back means that you haven't reached your bitcoin goal and it's a wrong approach. However, if you have reached your bitcoin goal, and you feel that you have more than enough Bitcoin in your portfolio, it better you take profit once in a while in a way that it will not affect your bitcoin investment. If you sell all your investment to buy back and an unforseen circumstance comes around, you will use the money to solve that problem before the price of bitcoin dips to 30k as you hope.

[Sticky Bomb]

if this were in altcointalk I would have given you -1. Because you don't understand my point and just dash in. Didn't you read the Word "Assuming"? This thread people are just looking for merits so they don't want it understand another thing than long term investment. Most of you don't even have any bitcoin investment in anywhere. I have invested in bitcoin and I know how much bitcoin I have gotten.

This is not the right place to be assuming such things, we are here to learn how to become good investors with the right mindsets and discipline and not assuming to be traders, while we claim to be investors. It is very obvious you do not understand the tone of the discussions here and from my assessment of your writeups, you are the one who just dashed in and is intending to change the tone of the discussion here. We might not want to entertain any advise or discussion driving towards perceiving bitcoin as a short-term/quick-gain investment activity, instead we are disciplined investors who are mindful of their investment targets, thereby approaching it with all dedication it deserves.

Congrats on finding about bitcoin earlier and investing in it and possibly having a good quantity. From your forum registration date you have been into bitcoin since 2022, but from your statement above, it is obvious you are gambling with bitcoin and not necessarily investing in it and I think it is very wrong of you to come here and start misleading newbies like us to adopt the trading mindset as the best strategy to accumulate more bitcoin.

People who come onboard with the right mindset about bitcoin investment would care less about the price movements and focus on a long-term journey in order to maximize their profits.

Please can you define what is " Bear Market and Bull Market"?  Apart from long term investment you guys know, is there any other term again? No. Oh yes I am repeating that because they are key investinh period to fill up the portfolio. I really don't know if you understand bitcoin investment. Bitcoin has two major investments plan either in the bear market time to fill the portfolio and sell it it at the targeted price whether long or short. Depends ony financial capacity. I am a core investor of bitcoin and that is why I am repeating it time without number. And as it is when the Market enter Bear Market. I will refill the portfolio well. I don't advise people to invest in the bull market if the person is interested only in the DCA method then no problem. My investment target was $100k and now I am about to sell. From all the comments ni have received from you guys today. You don't understand bitcoin investment but copycat comments. Practical make perfect. I am a practical investor and I didn't come here to just make come for you guys to... But to tell you how bitcoin investment is all about.

If you have the right investment mindset you would see the bear market as the opportunity to buy more bitcoin at lower prices. No matter what market trends is available, it is a wrong practice to tamper with your investment before maturity or before you reach your accumulation target. When you trade bitcoin, you put yourself  at the risk of losses if you are not careful and who assured you that you are going to be lucky with your fucking trades all the time? Good luck with your selling your bitcoin in 2 years of investment which is less than one cycle, it simply shows that you are a fucking trader and not an investor.

As I said everyone has their investment plan (target). If yours was s 30 years no problem. I started my investment in 2022 and today I have making profit so I will sell and reinvest again. That how I do mine. Good bye.

I wish I can hold for this long, it would be a blessing to see my investment survive 7 cycles. that would mean so much profits for me and I also wish I can be consistent with my DCA until then. Then my financial future would have been more than secured.

[Ruttoshi]

Bitcoin investment is not all about investing during the bear market and sell during the bull run, how long will you keep on repeating this over and over again because of dollar gain and you forget that we are investing in bitcoin for long-term purpose which should be from at least 10-12 years and above. At the end when we are old, what will matter is how many bitcoin were you able to accumulate all through your accumulation phase because it is the size of your portfolio that will determine the profit in future when bitcoin price will reach 500k or more.

Please can you define what is " Bear Market and Bull Market"?  Apart from long term investment you guys know, is there any other term again? No. Oh yes I am repeating that because they are key investinh period to fill up the portfolio. I really don't know if you understand bitcoin investment. Bitcoin has two major investments plan either in the bear market time to fill the portfolio and sell it it at the targeted price whether long or short. Depends ony financial capacity. I am a core investor of bitcoin and that is why I am repeating it time without number. And as it is when the Market enter Bear Market. I will refill the portfolio well. I don't advise people to invest in the bull market if the person is interested only in the DCA method then no problem. My investment target was $100k and now I am about to sell. From all the comments ni have received from you guys today. You don't understand bitcoin investment but copycat comments. Practical make perfect. I am a practical investor and I didn't come here to just make come for you guys to... But to tell you how bitcoin investment is all about.

As I said everyone has their investment plan (target). If yours was s 30 years no problem. I started my investment in 2022 and today I have making profit so I will sell and reinvest again. That how I do mine. Good bye.

From your statement, it shows that you are a trader because how will you invest in 2022 and want to sell in 204 because you feel that you have made a whole lot of profit. You only invested in 2 years and you are calling that investment. No its trading that you are practicing which is future trading and not investment because an investment is what you build and noture it for it to grow to an extent that you don't need to put money inside but the investment will continue generating funds overtime.

Can you set up a traditional investment that is flourishing and you sell all your investment to start afresh again because someone brought a good offer to you. It means that you are running from pillar to post, and bitcoin investment is far better than any traditional business because the price is still going up since bitcoin price has the tendency to continue its uptrend overtime than downtrend. I use to think like you before but after sleeping on this thread, I changed my orientation not to sell till I reach my bitcoin target. One thing that I should let you know is that you don't sell because the price has reached your price target but sell because you have accumulated more than enough Bitcoin in your portfolio.

You claim that you know bitcoin investment more than everyone and you are planning to sell now, it shows that you don't know the exponential value of bitcoin, and I don't believe that you understand bitcoin investment than MicroStrategy who is buying huge amounts of bitcoin from time to time hoarding it for the future. This was how many early investors who bought bitcoin at $100 saw bitcoin at $1k and sold, currently they are regretting their actions and I hope that you don't regret yours.

[Pi-network314159]

Bitcoin investment is not all about investing during the bear market and sell during the bull run, how long will you keep on repeating this over and over again because of dollar gain and you forget that we are investing in bitcoin for long-term purpose which should be from at least 10-12 years and above. At the end when we are old, what will matter is how many bitcoin were you able to accumulate all through your accumulation phase because it is the size of your portfolio that will determine the profit in future when bitcoin price will reach 500k or more.

Please can you define what is " Bear Market and Bull Market"?  Apart from long term investment you guys know, is there any other term again? No. Oh yes I am repeating that because they are key investinh period to fill up the portfolio. I really don't know if you understand bitcoin investment. Bitcoin has two major investments plan either in the bear market time to fill the portfolio and sell it it at the targeted price whether long or short. Depends ony financial capacity. I am a core investor of bitcoin and that is why I am repeating it time without number.

Am afraid to say this, you are not One but rather a trader in disguise of an investor. It is better you go to the trading section and make yourself useful there, than repeating a strategy that is not helpful to people around here. You should have known that there is jurisdiction to every environment you find yourself and I think you have missed your way and or road. If buying bitcoin during bear season and selling In bullrun is your focus and target it is fine by you but don't use it to cause chaos here. Because we are one big family of HODLers. And of course buying and selling or HODLing is a matter of choice, so each of us has a choice to make and not to be interrupted by another.

[DubemIfedigbo001]

Can you set up a traditional investment that is flourishing and you sell all your investment to start afresh again because someone brought a good offer to you. It means that you are running from pillar to post, and bitcoin investment is far better than any traditional business because the price is still going up since bitcoin price has the tendency to continue its uptrend overtime than downtrend. I use to think like you before but after sleeping on this thread, I changed my orientation not to sell till I reach my bitcoin target. One thing that I should let you know is that you don't sell because the price has reached your price target but sell because you have accumulated more than enough Bitcoin in your portfolio.

You claim that you know bitcoin investment more than everyone and you are planning to sell now, it shows that you don't know the exponential value of bitcoin, and I don't believe that you understand bitcoin investment than MicroStrategy who is buying huge amounts of bitcoin from time to time hoarding it for the future. This was how many early investors who bought bitcoin at $100 saw bitcoin at $1k and sold, currently they are regretting their actions and I hope that you don't regret yours.

Bitcoin investment outclasses every traditional business or investment pattern with what I have experienced so far in its upward price trend within a very short period of time. You know some time ago I was busy comparing bitcoin investment with Agriculture, real estate and the rest, but I have finally given up that comparison because bitcoin is a masterclass investment opportunity and arguably the best on the planet now.

It is very important you have a vision when embarking on your investment journey (bear in mind what you tend to achieve at a later time which you are making the investments for) and you should also set a target of the quantity of bitcoin you should have in order to achieve that vision of yours and with this knowledge you would set out to accumulate just that amount of bitcoin in order to achieve that which you have visualized from the inception of your accumulation journey and that is enough to keep you committed. Lack of vision and direction makes people want to gamble with bitcoin prices across trends in order to enjoy short term benefits.

If your vision for becoming a bitcoin investor is clear and your character is strong, you have more chances to succeed in your investment journey more than a mere trader fucking around with bitcoin aimlessly across market trends. A lot of wise investors made good investment choices in the past to buy and hold, some are still making it even up until now, check this image below


source: X (former twitter)

Whales invested $283 million into BTC within the last 12 hours and would you come out boldly to tell me that these guys are not pure visionaries who have seen the potentials of BTC and are lump summing even in this price appreciation? of course they are the wise ones and people we should be looking up to and drawing inspiration from.