Buy Buy Buy or Sell Sell Sell?

[Sonia_123]

To me, it seems quite unlikely and unrealistic for anyone to be able to accumulate enough or more than enough bitcoin in one cycle, unless he had been able to considerably front load his bitcoin investment from other funds that he has, and even if he takes close to a whole cycle to accumulate enough or more than enough bitcoin, he still might have to wait a whole cycle before he transitions from buying to maintaining and then to selling... and sure, my own preference is to figure out ways to sustainably sell bitcoin rather than selling most if not all of the bitcoin stash at once and then end up as a no coiner or a low coiner, which turning into a no coiner or a low coiner does not seem to be the reason to have had gotten into bitcoin... except maybe traders see bitcoin as something to get into and then to get out of rather than being something that is held for a lifetime.. and to just sell it as needed once reaching an overaccumulation status..

Hmmm that’s nice point selling all your coin after reaching your goal and becoming a no coiner is like you going back to your starting point . Which is not encouraging at all imagine selling something that took years for you to build in just one day , and we can’t tell if bitcoin may have gotten higher in price but we believe that bitcoin price will grow with time , so you selling when the price has surge with a massive increase, you won’t be able to buy cheaper like you once did if you have the mindset of buying back after a certain period of time , after selling all your coin . There should be better method of taken profits without selling all your coin.

Did you see the main title made by the OP above "Buy Buy Buy or Sell Sell Sell?" well, I took the end..because of what. there are quite a lot of speculators who always suppress the price, just look tonight a little bit of Jerome Powell talking about interest rates being lowered or maintained the market immediately reacted. We are not all rich people here.

I acknowledge we all in this forum may not be all that rich but we can all be good investors if we decides to follow the right path with bitcoin investment by accumulating more than always wanting to sell for some small profit made or fear of losing because of a market news that is causing panic. You don't build a portfolio to sell overnight for some chep profit except you're a trader. Long term bitcoin investors don't care about current news be it dip or rising price they continue with their accumulation by buying be it in a dip or high because the plan is long term where the massive profit lies.

As a long term holder despite the market conditions, whether the price is on down trend Aslong you haven’t sell your holding you haven’t loss a thing rather it will only give you opportunity to buy more rather than to panic and finding ways to sell at loss just buy the dip and hodl .

We can never guarantee that you will never face losses if you invest in the long term. The Bitcoin market is very volatile, anything can happen in the market at any time. However, the risk in long-term investment is much lower than in short-term investment.

If you get scared after investing, then you may be putting your holdings at risk. Because if you see the market fall, if you get scared, you will sell your holdings, then you will lose a lot of money. So, try to use the time instead of being scared during the fall. For example, try to buy aggressively during the fall by relying on your stable income.

Every successful investor are risk takers, see no reason for you to always be scared in Bitcoin investment since before you start your Bitcoin journey you already know it is risky and so there is no point in time that you are suppose to be scared to the extent of wanting to sell all your accumulation when you said you are going for a long-term investment that will last for 3-4 cycles , are you really a trader  or an investor, sounding more like a trader that thinks he would always be at the loss at any point in time.
A long-term investor is always focus and not scared of the market or his HODLings.

[Hewlet]

Guys do have to figure out these kinds of matters for themselves, and I can see why someone who had been building up his bitcoin investment for 4-10 years or longer may feel like he wants to take some profits, and he might even get excited and sell too much too soon, such as selling 25% to 50% of his stash or more, but then if he really reflects on the power of bitcoin, he likely should be able to figure out some sustainable withdrawal systems that are either price based or time based that will end up resulting in his being able to continue to withdraw bitcoin yet to also be able to allow his bitcoin to continue to grow in terms of its dollar value (so he ends up largely sustaining most of his BTC stash, but still withdrawing from it on a fairly regular basis).

In other conditions, If Someone who has the ability to withstand emotional pressure and understand the basics of the coins he holds, I am sure he will be able to manage to Enjoy the Results and not lose the Long-Term Growth Potential. Yes. Quite interesting. I also recently saw a wallet that has been active for a long time, let's say he has stored 300BTC 5 years ago, well, of course this will also cause a little dilemma / desire to realize a little profit to enjoy of course with full consideration as I said above.

For someone that has probably accumulated 300 bitcoin for five years like the instance you gave, taking out profit is not out of place even though we know that in reality, not many of the people under this thread can boost of holding such a substantial worth of bitcoin. But if you've accumulated such either in the past when getting a bitcoin was easy or you did the DCA and got to this point, you're probably at your fuck you status which means that deciding to take out some chunk of BTC for a personal needs won't be totally out of place as it can also be a means of motivating yourself to keep invested even though you've attained a certain level of profit as an investor.

Emotional pressure mostly affects those at the early stage of their investment but once you've grown past that stage and can comfortably boost of owning a good amount of bitcoin, the experience you've gathered along the way will be all you need when your emotion set in to compel you to making a decision that wouldn't be favourable to you as an investor most expecially the one that really wants to make it well in the long run.

[Barikui1]

In other conditions, If Someone who has the ability to withstand emotional pressure and understand the basics of the coins he holds, I am sure he will be able to manage to Enjoy the Results and not lose the Long-Term Growth Potential. Yes. Quite interesting. I also recently saw a wallet that has been active for a long time, let's say he has stored 300BTC 5 years ago, well, of course this will also cause a little dilemma / desire to realize a little profit to enjoy of course with full consideration as I said above.

But if you've accumulated such either in the past when getting a bitcoin was easy or you did the DCA and got to this point, you're probably at your fuck you status which means that deciding to take out some chunk of BTC for a personal needs won't be totally out of place as it can also be a means of motivating yourself to keep invested even though you've attained a certain level of profit as an investor.[/quote]
The actual fact is that everyone doesn't have the same purchasing power, yes it's true that it was very easy for a middle class person to buy  and accumulate 300BTC in the past but do not forget that their are people that are still buying up to 500btc at a go, without it having a significant impact on their finance, those types of people are living a good life already, they don't need to sell off their holdings to continue living a good life, so what am trying to say is that what looks very huge to you might look like a peanut to another, it just depends on boths people financial capacity.

Emotional pressure mostly affects those at the early stage of their investment but once you've grown past that stage and can comfortably boost of owning a good amount of bitcoin, the experience you've gathered along the way will be all you need when your emotion set in to compel you to making a decision that wouldn't be favourable to you

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings, and another way you can be emotional about your holdings is if your attention is glued to the price chart of Bitcoin, you will start being emotional as times passes by, because you are treating it as if you are trading, forgetting that you are an investor that should be more focus on how to buy and accumulate more Bitcoin, so paying too much attention to the price chart as a Bitcoin investor is actually not good, because it might compel you to start making emotional decisions.

[SilverCryptoBullet]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

[Futurexxx]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

I think that what barikui1 is trying to say is that it's not about not being a robot, it's more of investing with an amount you can afford to lose, even in trading, their is a popular saying, which says; trade with an amount you can afford to lose, because once you trade or invest with an amount you can afford to lose, you wouldn't be bothered that much if the investment or trade is not going your way, and your emotions will surely be in a good state, so I share the same sentiment with him, if you invest with an amount you can afford to lose, you certainly wouldn't be emotional about your holdings even if it's not going as planned, it's only when you invest a very huge amount of money you can't afford to lose that you will be panicking anytime their is a serious dip in the market.

[sotelorene]

To me, it seems quite unlikely and unrealistic for anyone to be able to accumulate enough or more than enough bitcoin in one cycle, unless he had been able to considerably front load his bitcoin investment from other funds that he has, and even if he takes close to a whole cycle to accumulate enough or more than enough bitcoin, he still might have to wait a whole cycle before he transitions from buying to maintaining and then to selling... and sure, my own preference is to figure out ways to sustainably sell bitcoin rather than selling most if not all of the bitcoin stash at once and then end up as a no coiner or a low coiner, which turning into a no coiner or a low coiner does not seem to be the reason to have had gotten into bitcoin... except maybe traders see bitcoin as something to get into and then to get out of rather than being something that is held for a lifetime.. and to just sell it as needed once reaching an overaccumulation status..

Hmmm that’s nice point selling all your coin after reaching your goal and becoming a no coiner is like you going back to your starting point . Which is not encouraging at all imagine selling something that took years for you to build in just one day , and we can’t tell if bitcoin may have gotten higher in price but we believe that bitcoin price will grow with time , so you selling when the price has surge with a massive increase, you won’t be able to buy cheaper like you once did if you have the mindset of buying back after a certain period of time , after selling all your coin . There should be better method of taken profits without selling all your coin.

Guys do have to figure out these kinds of matters for themselves, and I can see why someone who had been building up his bitcoin investment for 4-10 years or longer may feel like he wants to take some profits, and he might even get excited and sell too much too soon, such as selling 25% to 50% of his stash or more, but then if he really reflects on the power of bitcoin, he likely should be able to figure out some sustainable withdrawal systems that are either price based or time based that will end up resulting in his being able to continue to withdraw bitcoin yet to also be able to allow his bitcoin to continue to grow in terms of its dollar value (so he ends up largely sustaining most of his BTC stash, but still withdrawing from it on a fairly regular basis).

Sir JJG I think you are right but the truth is everyone has there plan and reason why they are investing, there are investors who are investing and holding for long term under duress and so whenever these investors get to a point they feel it is ok and they have hold for 4-10 years they won't care anymore, they will be selling anyhow they like because they were holding it under duress but someone who didn't hold under duress will never sell 25%-50% of their investment because they understand and know the asset they are holding, then again investing under duress is not a good idea or strategy because one will consume everything in a short period of time after holding.

[michellee]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

That is why we must learn how to control our emotion so when we become an investor, we will not get the market affect. We can still calm down especially when the price fall but we can see a chance to buy back to add more amount. But if we don't learn anything, that will be a matter of time for us to lose our emotion control.

Having emotion control will also help you to prevent panicking when something goes wrong. You can adapt with the current situation without emotional because you are ready with that. With emotion control, you can run your investment without worry and still follow the plan.

[Ricardo11]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

That is why we must learn how to control our emotion so when we become an investor, we will not get the market affect. We can still calm down especially when the price fall but we can see a chance to buy back to add more amount. But if we don't learn anything, that will be a matter of time for us to lose our emotion control.

Having emotion control will also help you to prevent panicking when something goes wrong. You can adapt with the current situation without emotional because you are ready with that. With emotion control, you can run your investment without worry and still follow the plan.

It is very important for an investor to control emotions, if an investor cannot control emotions, he will not be able to sustain his investment for a long time, the market is never stable, and if you want to keep your investment in this volatile market uninterrupted, you cannot panic in any way, an investor makes wrong decisions because of his emotions.
The main thing is to never sell, just only buy, market declines are buying opportunities, but most investors make the fully opposite decision at this time, instead of buying when the market declines, they panic and decide to sell. And when the market rises again, they will just regret for the selling at that time.
So you can never panic in any way, People fail to make the right decisions because of their emotions, so if you want to invest in Bitcoin, you must keep yourself away from emotions, and always have the mindset to make the right decisions.

[CageMabok]

...

In other conditions, If Someone who has the ability to withstand emotional pressure and understand the basics of the coins he holds, I am sure he will be able to manage to Enjoy the Results and not lose the Long-Term Growth Potential. Yes. Quite interesting. I also recently saw a wallet that has been active for a long time, let's say he has stored 300BTC 5 years ago, well, of course this will also cause a little dilemma / desire to realize a little profit to enjoy of course with full consideration as I said above.

Enjoying the benefits of investment results or the results of storing Bitcoin for a long time is a very common thing for everyone. But most people will definitely not sell all the Bitcoin they currently own even though their own profits have multiplied, because on the one hand the person also has a desire to buy Bitcoin again in conditions like this even though they have to provide new capital. While what is sold with the aim of enjoying the results of his own hard work is something that cannot be denied, especially if the amount is only a little.

And now everyone should be aware enough to keep buying Bitcoin because I am pretty sure that Bitcoin will come back close to its previous ATH level and even potentially create a new ATH level again this year if the price correction is not too much. So use a clearer strategy even though each of us still has desires that we have not obtained until now, but be sure that what we have not obtained now we can definitely get someday if we do not stop trying to make it happen.

[Sim_card]

To me, it seems quite unlikely and unrealistic for anyone to be able to accumulate enough or more than enough bitcoin in one cycle, unless he had been able to considerably front load his bitcoin investment from other funds that he has, and even if he takes close to a whole cycle to accumulate enough or more than enough bitcoin, he still might have to wait a whole cycle before he transitions from buying to maintaining and then to selling... and sure, my own preference is to figure out ways to sustainably sell bitcoin rather than selling most if not all of the bitcoin stash at once and then end up as a no coiner or a low coiner, which turning into a no coiner or a low coiner does not seem to be the reason to have had gotten into bitcoin... except maybe traders see bitcoin as something to get into and then to get out of rather than being something that is held for a lifetime.. and to just sell it as needed once reaching an overaccumulation status..

Hmmm that’s nice point selling all your coin after reaching your goal and becoming a no coiner is like you going back to your starting point . Which is not encouraging at all imagine selling something that took years for you to build in just one day , and we can’t tell if bitcoin may have gotten higher in price but we believe that bitcoin price will grow with time , so you selling when the price has surge with a massive increase, you won’t be able to buy cheaper like you once did if you have the mindset of buying back after a certain period of time , after selling all your coin . There should be better method of taken profits without selling all your coin.

Guys do have to figure out these kinds of matters for themselves, and I can see why someone who had been building up his bitcoin investment for 4-10 years or longer may feel like he wants to take some profits, and he might even get excited and sell too much too soon, such as selling 25% to 50% of his stash or more, but then if he really reflects on the power of bitcoin, he likely should be able to figure out some sustainable withdrawal systems that are either price based or time based that will end up resulting in his being able to continue to withdraw bitcoin yet to also be able to allow his bitcoin to continue to grow in terms of its dollar value (so he ends up largely sustaining most of his BTC stash, but still withdrawing from it on a fairly regular basis).

Sir JJG I think you are right but the truth is everyone has there plan and reason why they are investing, there are investors who are investing and holding for long term under duress and so whenever these investors get to a point they feel it is ok and they have hold for 4-10 years they won't care anymore, they will be selling anyhow they like because they were holding it under duress but someone who didn't hold under duress will never sell 25%-50% of their investment because they understand and know the asset they are holding, then again investing under duress is not a good idea or strategy because one will consume everything in a short period of time after holding.

This is why when you want to invest in bitcoin, you must have a long-term mindset and see your bitcoin investment as your retirement funds so that you don't invest under durex and in a rush to sell after holding for some years. If you sell all your bitcoin so what next, you shut down bitcoin investment and start holding fiat? I feel a proper plan and future mentality is what we should focus on when we want to invest in bitcoin.

If you invest because you want to sell off in 10 years time, you will regret it in 15 years time when bitcoin price will be higher than the amount that you sold yours and you become a no coiner. You are not a successful bitcoin investor because in the long run, you became a no coiner with regrets and pains. Investment should be maintained till old age and if possible pass on to your heirs so that they can also benefit from the compounding value of your bitcoin portfolio.

It's good that you use the amount of money from your discretionary income that will not allow you to invest for the hope of selling all your bitcoin in a given period of time because of profits. Think of enjoying the benefits of investing in bitcoin at your old age so that you will be proud that you made the right choice and took the bold step to plan for your old age. You don't need to use a time frame to accumulate bitcoin but have a bitcoin target that you want to accumulate overtime.

I will say that investing in bitcoin under durex isn't the right way to invest in bitcoin because the price of bitcoin increases in value overtime and you would shorten the value of your bitcoin portfolio for selling early when you haven't even reached your bitcoin target.

[Solokan]

We should not be surprised that even as we speak, knowing that the market is pumping and many are into profits for investing earlier before now, some are still there making attacks on bitcoin because they don't invest and wouldn't be happy in seeing anyone that have invested is into profits, but i don't see what pleasure they have seen in attacking bitcoin, which is why we all must know what we are into and learn it to a particular extend beyond any reasonable doubt.

Now that the market is well pumping, we should be getting for more highs and then go bigger into profits as we continue holding, this is not time for us to sell, but we can choose between now or later after the all time high has been achieved.

A lot of people have this mentality about seeingan all time high as an eyardstic for anyone to sell their holding which is good although anyone can do whatever they like, generally an all time high is a prove that Bitcoin has gained a new milestone of the highest price more than that of it's previous highs, while anyone can be happy seeing Bitcoin attaining such milestone it is not a time to consider selling unless who has already been buying and holding for a long time preferably 4 to 10 years or even more, the excitement of seeing a new Bitcoin all time high should not make anyone who has plans to hold for long term to sell for just a few dollar profits.

I feel that the best time to sell part of your bitcoin is when yiu have reach your over accumulation status because accumulating bitcoin is not by the number of years that you have been hodli. Our success in our bitcoin investment should be meeting up with our bitcoin target by keeping our DCA ongoing, regularly, consistently and persistently every week for as long as we can reach our bitcoin target even though it's 10 years and above.

I don't have plans of selling part bitcoin investment because I haven't reached my target and I don't know when I will reach my bitcoin target but all I am doing is to keep on stacking with DCA weekly. There's time for everything selling is always the last through sustainable withdrawal and I believe that brand new investor shouldn't think of profits because that's what can lead to selling idea but rather let them continue topping their portfolio till they achieve their target.

everyone certainly has different targets and of course the decision is in each person's hands. but it is true what you said and of course if you think about it of course in my opinion also currently btc can still be said to be cheap because of course when compared to the price of btc in the future of course btc will have the potential to be very high and of course if people want very big profits of course it must be more than 10 years from now. and of course a simple example of people who bought btc in the past when btc was cheap of course they must have made a big profit now and of course for those who buy btc now will also have the potential to make a big profit in the future for example more than 10 years from now.

your plan is very good friend, because you continue to do dca and without thinking about selling it when of course that is a good idea because I also happen to be the same as you because I also believe that selling btc now is certainly too cheap even though btc has made a new ath again. especially now I also only have a little btc because if it is sold it certainly will not be much profit. Yes, the point is that right now I am the same as you in continuing to DCA and of course continuing to focus on the amount of BTC collected even though I can only afford DCA with a small capital.

[Ruttoshi]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

I understand what you mean and this will mainly happen to brand new investor who wants to start their bitcoin investment or just started because they don't understand bitcoin and might have doubts on bitcoin. Such people should only invest with little amount as small as $   10 to DCA regularly every week, so that they wouldn't bother that much but as time passes on and they continue learning about bitcoin and seeing the price movement and gaining experience in the market, this will strengthen them to gain more confidence in bitcoin maybe, after one year or two.

When they have gained confidence, they can increase the amount of money that they're using to DCA and invest aggressively to cover up their whimpy accumulation pattern in the beginning. Having a long-term mindset and bitcoin target can strengthen you not to be emotional with the price movement.

[michellee]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

That is why we must learn how to control our emotion so when we become an investor, we will not get the market affect. We can still calm down especially when the price fall but we can see a chance to buy back to add more amount. But if we don't learn anything, that will be a matter of time for us to lose our emotion control.

Having emotion control will also help you to prevent panicking when something goes wrong. You can adapt with the current situation without emotional because you are ready with that. With emotion control, you can run your investment without worry and still follow the plan.

It is very important for an investor to control emotions, if an investor cannot control emotions, he will not be able to sustain his investment for a long time, the market is never stable, and if you want to keep your investment in this volatile market uninterrupted, you cannot panic in any way, an investor makes wrong decisions because of his emotions.
The main thing is to never sell, just only buy, market declines are buying opportunities, but most investors make the fully opposite decision at this time, instead of buying when the market declines, they panic and decide to sell. And when the market rises again, they will just regret for the selling at that time.
So you can never panic in any way, People fail to make the right decisions because of their emotions, so if you want to invest in Bitcoin, you must keep yourself away from emotions, and always have the mindset to make the right decisions.

The thing that I did as investor is not too often monitor the market because that is the way to avoid me think negative and make me busy doing other things. This is the method that work for me so I can manage my emotion and not panic even when the price drop deeper like before. An investor must know how to manage his emotion because when he involve in something, he need to stay calm so he can think clear and react based on the current situation. Buy and hodl will be our purpose in Bitcoin investment so we must hodl on tight our Bitcoin and not selling it no matter if the market drops drastically. Just be patience and say to yourself that Bitcoin price will be back to the last high price and will jump to the very highest price.

[promise444c5]

[Edited out]

~
The main thing is to never sell, just only buy, market declines are buying opportunities, but most investors make the fully opposite decision at this time, instead of buying when the market declines, they panic and decide to sell. And when the market rises again, they will just regret for the selling at that time.

I won't use the word "never," but yeah, the strategy is to hold all through your accumulation stage before you start taking some profits (this could take several cycles). Nevertheless, whether to sell or not, and whether to take profit or not, shouldn't be the main concern for such a person, rather, the focus should be on buying continuouslyuntil that such  level is reached.

I am surely not opposed to the idea of checking the bitcoin price on a regular basis, even if earlier investors who are likely to be mostly employing DCA would not necessarily change their BTC accumulation strategies (that are focused mostly on just regularly buying bitcoin) based on BTC price moves.. but their is nothing wrong with monitoring BTC price dynamics and/or changes and/or even keeping a spreadsheet that shows BTC prices changes over time.

Sure, it's not a bad idea, but apart from the accumulation strategies they might want to employ, some of these folks and newbies can't withstand the pressure that price movements create at times. It might actually look fun to watch it rise, but with a little decline, the story changes. So the best thing they can do in ssuch case  is just to ignore the charts (not totally though ) and focus more on what needs to be done which is buying .

[Jostern]

...

In other conditions, If Someone who has the ability to withstand emotional pressure and understand the basics of the coins he holds, I am sure he will be able to manage to Enjoy the Results and not lose the Long-Term Growth Potential. Yes. Quite interesting. I also recently saw a wallet that has been active for a long time, let's say he has stored 300BTC 5 years ago, well, of course this will also cause a little dilemma / desire to realize a little profit to enjoy of course with full consideration as I said above.

Enjoying the benefits of investment results or the results of storing Bitcoin for a long time is a very common thing for everyone. But most people will definitely not sell all the Bitcoin they currently own even though their own profits have multiplied, because on the one hand the person also has a desire to buy Bitcoin again in conditions like this even though they have to provide new capital. While what is sold with the aim of enjoying the results of his own hard work is something that cannot be denied, especially if the amount is only a little.

And now everyone should be aware enough to keep buying Bitcoin because I am pretty sure that Bitcoin will come back close to its previous ATH level and even potentially create a new ATH level again this year if the price correction is not too much. So use a clearer strategy even though each of us still has desires that we have not obtained until now, but be sure that what we have not obtained now we can definitely get someday if we do not stop trying to make it happen.

Just like you have said Storing and Holding Bitcoin and continuous accumulation is very important, Selling all your Bitcoin is always a bad strategies and a wrong thing to do for someone who have accumulated for a long time, Continuous accumulation for me is just the perfect idea and help in maximizing all kind of risk there is always a time that Anxiety will set in but it is necessary to be disciplined when investing, Having a good strategies to accumulate and hodl that is just what matters when investing in Bitcoin, And at the end holding for a long term you will definitely enjoy the benefit of investing and holding for a longer term. 

[asarfiar]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

That is why we must learn how to control our emotion so when we become an investor, we will not get the market affect. We can still calm down especially when the price fall but we can see a chance to buy back to add more amount. But if we don't learn anything, that will be a matter of time for us to lose our emotion control.

Having emotion control will also help you to prevent panicking when something goes wrong. You can adapt with the current situation without emotional because you are ready with that. With emotion control, you can run your investment without worry and still follow the plan.

That's right. Investing emotionally, the loss is higher than the profit. There are many who are upset about the market value of Bitcoin. In fact, in this case, emotion works more than your conscience. And New come no deeply aware of Bitcoin be more because
of no emotional for investment. This type of event is due to lack of knowledge. Since Bitcoin is a long-term investment system, you need to prepare in such a way that you can move forward with a 8-10 year investment plan. Taking advice from different senior people will no longer be emotional. And you need to gain deep knowledge about Bitcoin.

You can use the DCA method to sustain your long -term plan. This method helps invest in Bitcoin for a long time by overcoming market instability. I think this DCA approach is Bitcoin for long -term investment
The best method of investing.

[Muba20]

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

That is why we must learn how to control our emotion so when we become an investor, we will not get the market affect. We can still calm down especially when the price fall but we can see a chance to buy back to add more amount. But if we don't learn anything, that will be a matter of time for us to lose our emotion control.

Having emotion control will also help you to prevent panicking when something goes wrong. You can adapt with the current situation without emotional because you are ready with that. With emotion control, you can run your investment without worry and still follow the plan.

It is very important for an investor to control emotions, if an investor cannot control emotions, he will not be able to sustain his investment for a long time, the market is never stable, and if you want to keep your investment in this volatile market uninterrupted, you cannot panic in any way, an investor makes wrong decisions because of his emotions.
The main thing is to never sell, just only buy, market declines are buying opportunities, but most investors make the fully opposite decision at this time, instead of buying when the market declines, they panic and decide to sell. And when the market rises again, they will just regret for the selling at that time.
So you can never panic in any way, People fail to make the right decisions because of their emotions, so if you want to invest in Bitcoin, you must keep yourself away from emotions, and always have the mindset to make the right decisions.

The thing that I did as investor is not too often monitor the market because that is the way to avoid me think negative and make me busy doing other things. This is the method that work for me so I can manage my emotion and not panic even when the price drop deeper like before. An investor must know how to manage his emotion because when he involve in something, he need to stay calm so he can think clear and react based on the current situation. Buy and hodl will be our purpose in Bitcoin investment so we must hodl on tight our Bitcoin and not selling it no matter if the market drops drastically. Just be patience and say to yourself that Bitcoin price will be back to the last high price and will jump to the very highest price.

As a long-term investor in Bitcoin, regular market monitoring can have a negative impact. There are some who do not have a very good knowledge about Bitcoin, when they see a big price correction, they may fail to hold back their emotions, which can destroy their holdings. That is why it is better not to monitor the market regularly. If an investor is patient and tries to hold only, then he will definitely benefit from Bitcoin investment. In this case, DCA is the most useful method for investors. Among the investors, those who see the fall of Bitcoin as an opportunity will definitely be able to build a large portfolio of Bitcoin in the future.

[Stormisover]

To me, it seems quite unlikely and unrealistic for anyone to be able to accumulate enough or more than enough bitcoin in one cycle, unless he had been able to considerably front load his bitcoin investment from other funds that he has, and even if he takes close to a whole cycle to accumulate enough or more than enough bitcoin, he still might have to wait a whole cycle before he transitions from buying to maintaining and then to selling... and sure, my own preference is to figure out ways to sustainably sell bitcoin rather than selling most if not all of the bitcoin stash at once and then end up as a no coiner or a low coiner, which turning into a no coiner or a low coiner does not seem to be the reason to have had gotten into bitcoin... except maybe traders see bitcoin as something to get into and then to get out of rather than being something that is held for a lifetime.. and to just sell it as needed once reaching an overaccumulation status..

Hmmm that’s nice point selling all your coin after reaching your goal and becoming a no coiner is like you going back to your starting point . Which is not encouraging at all imagine selling something that took years for you to build in just one day , and we can’t tell if bitcoin may have gotten higher in price but we believe that bitcoin price will grow with time , so you selling when the price has surge with a massive increase, you won’t be able to buy cheaper like you once did if you have the mindset of buying back after a certain period of time , after selling all your coin . There should be better method of taken profits without selling all your coin.

Guys do have to figure out these kinds of matters for themselves, and I can see why someone who had been building up his bitcoin investment for 4-10 years or longer may feel like he wants to take some profits, and he might even get excited and sell too much too soon, such as selling 25% to 50% of his stash or more, but then if he really reflects on the power of bitcoin, he likely should be able to figure out some sustainable withdrawal systems that are either price based or time based that will end up resulting in his being able to continue to withdraw bitcoin yet to also be able to allow his bitcoin to continue to grow in terms of its dollar value (so he ends up largely sustaining most of his BTC stash, but still withdrawing from it on a fairly regular basis).

Sir JJG I think you are right but the truth is everyone has there plan and reason why they are investing, there are investors who are investing and holding for long term under duress and so whenever these investors get to a point they feel it is ok and they have hold for 4-10 years they won't care anymore, they will be selling anyhow they like because they were holding it under duress but someone who didn't hold under duress will never sell 25%-50% of their investment because they understand and know the asset they are holding, then again investing under duress is not a good idea or strategy because one will consume everything in a short period of time after holding.

There is no qualifications for anyone holding their Bitcoin investment under duress to be called an investor, investment in Bitcoin for long term is by personal willingness and holding shouldn't be by duress, I even doubt if anyone can hold their Bitcoin assets under duress and be able to hold for long, Bitcoin is a freedom coin and anyone holding it should be able to exercise that freedom rather than holding under duress because that will only result to making an impulsive decision and it is not possible for anyone to hold Bitcoin under duress.

I don't think that it's normal for a Bitcoin investor to be emotional about his or her holdings, unless you are investing with an amount you can't do away with, but if you are investing with an amount you can afford to lose, bro nothing is making you emotional about your holdings

All investors are human, not robots or bots so human all have emotions and everyone is affected by human emotions. Difference is between people who can be more or less disciplined than others and have better or worse risk and capital management.

Those things are either well controlled or bad controlled that will decide those people reactions on a same market. You can have positive or negative emotion and feelings about the market but if you manage risk and capital well enough, and if you are disciplined enough, you will not either do FOMO purchase or panic sale. Because almost everything you do with your investment portfolio and decisions of purchases and sales are done very disciplined and less likely emotional affected.

That is why we must learn how to control our emotion so when we become an investor, we will not get the market affect. We can still calm down especially when the price fall but we can see a chance to buy back to add more amount. But if we don't learn anything, that will be a matter of time for us to lose our emotion control.

Having emotion control will also help you to prevent panicking when something goes wrong. You can adapt with the current situation without emotional because you are ready with that. With emotion control, you can run your investment without worry and still follow the plan.

It is very important for an investor to control emotions, if an investor cannot control emotions, he will not be able to sustain his investment for a long time, the market is never stable, and if you want to keep your investment in this volatile market uninterrupted, you cannot panic in any way, an investor makes wrong decisions because of his emotions.
The main thing is to never sell, just only buy, market declines are buying opportunities, but most investors make the fully opposite decision at this time, instead of buying when the market declines, they panic and decide to sell. And when the market rises again, they will just regret for the selling at that time.
So you can never panic in any way, People fail to make the right decisions because of their emotions, so if you want to invest in Bitcoin, you must keep yourself away from emotions, and always have the mindset to make the right decisions.

The thing that I did as investor is not too often monitor the market because that is the way to avoid me think negative and make me busy doing other things. This is the method that work for me so I can manage my emotion and not panic even when the price drop deeper like before. An investor must know how to manage his emotion because when he involve in something, he need to stay calm so he can think clear and react based on the current situation. Buy and hodl will be our purpose in Bitcoin investment so we must hodl on tight our Bitcoin and not selling it no matter if the market drops drastically. Just be patience and say to yourself that Bitcoin price will be back to the last high price and will jump to the very highest price.

As a long-term investor in Bitcoin, regular market monitoring can have a negative impact. There are some who do not have a very good knowledge about Bitcoin, when they see a big price correction, they may fail to hold back their emotions, which can destroy their holdings. That is why it is better not to monitor the market regularly. If an investor is patient and tries to hold only, then he will definitely benefit from Bitcoin investment. In this case, DCA is the most useful method for investors. Among the investors, those who see the fall of Bitcoin as an opportunity will definitely be able to build a large portfolio of Bitcoin in the future.

There is nothing wrong getting updates about Bitcoin price changes by checking the market without allowing it to influence your investment decisions, and for those that are not much familiar or knowledgeable about the market volatility, they are advised to indulge in position sizing that will suit there risk tolerance level to the size they can be comfortable with and can increase as they gain more experience in the market.

[Derekfunds]

To me, it seems quite unlikely and unrealistic for anyone to be able to accumulate enough or more than enough bitcoin in one cycle, unless he had been able to considerably front load his bitcoin investment from other funds that he has, and even if he takes close to a whole cycle to accumulate enough or more than enough bitcoin, he still might have to wait a whole cycle before he transitions from buying to maintaining and then to selling... and sure, my own preference is to figure out ways to sustainably sell bitcoin rather than selling most if not all of the bitcoin stash at once and then end up as a no coiner or a low coiner, which turning into a no coiner or a low coiner does not seem to be the reason to have had gotten into bitcoin... except maybe traders see bitcoin as something to get into and then to get out of rather than being something that is held for a lifetime.. and to just sell it as needed once reaching an overaccumulation status..

Hmmm that’s nice point selling all your coin after reaching your goal and becoming a no coiner is like you going back to your starting point . Which is not encouraging at all imagine selling something that took years for you to build in just one day , and we can’t tell if bitcoin may have gotten higher in price but we believe that bitcoin price will grow with time , so you selling when the price has surge with a massive increase, you won’t be able to buy cheaper like you once did if you have the mindset of buying back after a certain period of time , after selling all your coin . There should be better method of taken profits without selling all your coin.

Guys do have to figure out these kinds of matters for themselves, and I can see why someone who had been building up his bitcoin investment for 4-10 years or longer may feel like he wants to take some profits, and he might even get excited and sell too much too soon, such as selling 25% to 50% of his stash or more, but then if he really reflects on the power of bitcoin, he likely should be able to figure out some sustainable withdrawal systems that are either price based or time based that will end up resulting in his being able to continue to withdraw bitcoin yet to also be able to allow his bitcoin to continue to grow in terms of its dollar value (so he ends up largely sustaining most of his BTC stash, but still withdrawing from it on a fairly regular basis).

Sir JJG I think you are right but the truth is everyone has there plan and reason why they are investing, there are investors who are investing and holding for long term under duress and so whenever these investors get to a point they feel it is ok and they have hold for 4-10 years they won't care anymore, they will be selling anyhow they like because they were holding it under duress but someone who didn't hold under duress will never sell 25%-50% of their investment because they understand and know the asset they are holding, then again investing under duress is not a good idea or strategy because one will consume everything in a short period of time after holding.

There is no qualifications for anyone holding their Bitcoin investment under duress to be called an investor, investment in Bitcoin for long term is by personal willingness and holding shouldn't be by duress, I even doubt if anyone can hold their Bitcoin assets under duress and be able to hold for long, Bitcoin is a freedom coin and anyone holding it should be able to exercise that freedom rather than holding under duress because that will only result to making an impulsive decision and it is not possible for anyone to hold Bitcoin under duress.

You are actually making sense dude, holding Bitcoin under duress doesn't sound okay, because one might be tempted to sell anytime because of the pressure and stress or situation they are going through. But how do you mean Bitcoin is a freedom coin? Do you mean when you are investing in Bitcoin you will be free from financial problem or what? Well if that is what you meant then you are wrong because no investment in this life will give you freedom, once you start any investment you have automatically accepted responsibility and responsibilities are not always rosey  I mean easy and sweet rather you will need to work hard to sustain and overcome everything.

[Moreno233]

Guys do have to figure out these kinds of matters for themselves, and I can see why someone who had been building up his bitcoin investment for 4-10 years or longer may feel like he wants to take some profits, and he might even get excited and sell too much too soon, such as selling 25% to 50% of his stash or more, but then if he really reflects on the power of bitcoin, he likely should be able to figure out some sustainable withdrawal systems that are either price based or time based that will end up resulting in his being able to continue to withdraw bitcoin yet to also be able to allow his bitcoin to continue to grow in terms of its dollar value (so he ends up largely sustaining most of his BTC stash, but still withdrawing from it on a fairly regular basis).

Sir JJG I think you are right but the truth is everyone has there plan and reason why they are investing, there are investors who are investing and holding for long term under duress and so whenever these investors get to a point they feel it is ok and they have hold for 4-10 years they won't care anymore, they will be selling anyhow they like because they were holding it under duress but someone who didn't hold under duress will never sell 25%-50% of their investment because they understand and know the asset they are holding, then again investing under duress is not a good idea or strategy because one will consume everything in a short period of time after holding.

Part of the reason we are having the discussions in this thread is to guide people properly so they employ the best practices in their Bitcoin accumulation. We are not here to flex ego or argue personal rights and freedom, it is your money and you absolutely have right to use it as you please but for those who care to share in the experience of others to learn and do well for themselves in their Bitcoin investment. If you have followed the discussion so far, you will appreciate what level of information that have been shared here, perhaps you would have known that an investor can actually avoid being under duress when it comes to Bitcoin investment.

This is simply done by investing strictly with discretionary income and also making reservations in the form of emergency funds to cover for times that can be regarded as emergencies. This thread have also made us learn that you can start your Bitcoin investment very small like $10 per week and do this continuously via the DCA method until you have made improvements then you can up your game and grow.

Pay attention to the lessons here and you will not have any reason to invest under duress neither will you find yourself in a situation whereby you need to sell under pressure. Those are not the attributes of a good investor who followed the right principles in his investment.