Buy Buy Buy or Sell Sell Sell?

[Catenaccio]

Instead of trying to buy a whole Bitcoin, a person adopts the DCA method which can be expensive, which allows us to buy small amounts every week or month or regularly, depending on our ability.

Expensive or not, it depends on price of thing you want to buy. DCA (Dollar Cost Averaging) is only a method that is free to use, has no cost of purchase, so it is not cheap or expensive.

This method allows us to invest quickly without waiting for financial stability, gradually builds our Bitcoin number over time and even helps us to average our purchase price, helping us reduce our risk.

You misunderstood one more point.

With DCA method, you can not invest quickly, and by saying it is quickly you were wrong. You have to invest gradually like you wrote in your post.

If any investor has money for investment, and wants to invest it quickly, DCA stragety is not a method to be chosen. It can be only one purchase or some purchases within short time like an hour, several hours, a day.

DCA method is for gradual investment with long term accumulation, and surely it takes a lot of time.

[Cossyblack]

Personally I really don’t think someone who is struggling to survive can go into investments, before going into Bitcoin investment one need to be financially stable, having a reliable source of income also support and help investment and one also Need to be prepared emotionally before investing into Bitcoin , having a clear picture that investing in a longer term is the goal ,and they must make sure daily needs are met with that it can help in market volatility, all this will contribute to the success of the long term investment .

It is very important for a person to have a stable source of income to invest. Instead of trying to buy a whole Bitcoin, a person adopts the DCA method which can be expensive, which allows us to buy small amounts every week or month or regularly, depending on our ability. This method allows us to invest quickly without waiting for financial stability, gradually builds our Bitcoin number over time and even helps us to average our purchase price, helping us reduce our risk. It is very important for us to have proper financial management. There are many people who invest but they can manage their money properly, which is why they often have to sell their holdings.

For example, if someone invests and spends a lot of money on it. If he spends more than his stable income, then he may end up in debt and have to sell his holdings. If you do not have an emergency fund ready, create an emergency fund in addition to your investment. Create an emergency fund equal to 3 times your stable income.

Your write-up is very complicating as you do said that,Using DCA Method can be very Expensive of which I strongly disagree. I must say that DCA strategy is most used strategy in accumulating Bitcoin by Investors over the years,This is so because,it is the most convenient method so far. With DCA strategy,you can buy Bitcoin regardless of the current price using your discretional income whether it's low or high, that's is from your little discretional income once it's available,you can used it to buy Bitcoin.

Furthermore, It is very important we should start building up our Emergency funds alongside our Bitcoin portfolio. Building our Emergency fund might take up to 3-6 months or more depending on our financial strengths. A stronger Emergency funds will helps keep our Bitcoin portfolio untampered over the years of consistent accumulation and as such, should only be used to sort out real time Emergencies only,as every other used of the fund is unaccepted and should be avoided.

[Barikui1]

Personally I really don’t think someone who is struggling to survive can go into investments, before going into Bitcoin investment one need to be financially stable, having a reliable source of income also support and help investment and one also Need to be prepared emotionally before investing into Bitcoin , having a clear picture that investing in a longer term is the goal ,and they must make sure daily needs are met with that it can help in market volatility, all this will contribute to the success of the long term investment .

For example, if someone invests and spends a lot of money on it. If he spends more than his stable income, then he may end up in debt and have to sell his holdings.

I think you are a bit confused in what you are actually saying here,  what you should be saying here is that you shouldn't  invest more than your discretionary income because anything done outside that smells trouble for your holdings, as long as you are doing it from your discretionary income, you have no worries.
But take note that your emergency funds and backup funds needs to be set aside from there in case of any real life emergency that may arise in the future.

Create an emergency fund equal to 3 times your stable income.

With this statement here, it shows that you are even more confused with your choice of words, I believe that what you wanted to say is your emergency funds should be big enough to Carter for your basic needs for like three months if their is an issue like lose of job in the future.

[Samlucky O]

Someone who panic sell there bitcoin because of a dip is definitely making a mistake, because when there is a dip in the price of bitcoin it presents an opportunity for us to accumulate more with a different and more convenient price as well, but I most say it is more common with someone who is new into bitcoin, or probably doesn’t have a little basic knowledge to panic sell at this point in time

You are right ,most people  that panic and sell their bitcoins are probably traders which maybe short term investors, when there is dip many investors view it as a chance to purchase Bitcoin at a lower  price forgetting that it should be an avenue to accumulate more and hold rather than selling it,but they don’t know that Bitcoin value fluctuate rapidly,but they would be the once to regret later.

snip

snip

having a clear picture that investing in a longer term is the goal ,and they must make sure daily needs are met with that it can help in market volatility, all this will contribute to the success of the long term investment .

surely investing in a longer term is the goal, and yeah it is important to make provision for our daily needs but of course that has nothing to do with volatility. volatility of bitcoin is caused by demand and supply. when the demand is higher than the supply it caused a higher volatility or increase in bitcoin price and likewise when the supply is higher than the demand it cause decrease in bitcoin price otherwise known as low volatility. so provision of daily needs has nothing to do with volatility.

[arwin100]

For example, if someone invests and spends a lot of money on it. If he spends more than his stable income, then he may end up in debt and have to sell his holdings.

I think you are a bit confused in what you are actually saying here,  what you should be saying here is that you shouldn't  invest more than your discretionary income because anything done outside that smells trouble for your holdings, as long as you are doing it from your discretionary income, you have no worries.
But take note that your emergency funds and backup funds needs to be set aside from there in case of any real life emergency that may arise in the future.

Create an emergency fund equal to 3 times your stable income.

With this statement here, it shows that you are even more confused with your choice of words, I believe that what you wanted to saying is your emergency funds should be big enough to Carter for your basic needs for like three months if their is an issue like lose of job in the future.

They would really get a problem if they are using the whole earnings they get from investing on Bitcoin since they might lose from any bad situation especially if they don't know how to handle well those bad situations occur.

That's why its advisable to use your discretionary income since for sure that you will not worry about anything since that fund is somehow the money you can afford to put in your investments.

Also I'm confuse about what he said that your emergency funds should be equal to 3 times of your income since what has been recommended is it should last for 3 to six months of your living expenses.

[Tmoonz]

You have a good point but you are a bit confused or lack some right description of what you meant. The idea of DCA strategy doesn't make investing in bitcoin and expensive venture, infact, it makes it much easier to accumulate more bitcoin with less financial stress. DCA approach works best together with Discretionary income. Anyone that invests more than his stable income is either greedy or uninformed. It is not even advisable to invest all of your stable income into bitcoin to avoid stress. Emergency funds and backup funds are the key strength of holding your bitcoin stash. So you make provision for emergency funds and back up funds before investing in bitcoin. Emergency funds have no fixed amount, you only envisage what could sustain the period before your next income and then what is left is what you can willingly invest in bitcoin.

What exactly are you even saying here? Every other strategies or infact Bitcoin investment requires or works best with a discretionary income the reason being that that is the only way we can be investing and at the same time be taken care of other important needs without struggling, whichever strategy or of accumulation we are using be it Lump sum, DCA or buying the dip the investment money must be a discretionary income if not you are gambling rather than investing, my point is that our investment money should always come from the angle of a discretionary income meaning that you are not investing most or all of your income in to Bitcoin but just a Left over cash after ensuring that whatever that is considered to be your basic needs has already been taken care of.

[Bitcoin.com97]

Someone who panic sell there bitcoin because of a dip is definitely making a mistake, because when there is a dip in the price of bitcoin it presents an opportunity for us to accumulate more with a different and more convenient price as well, but I most say it is more common with someone who is new into bitcoin, or probably doesn’t have a little basic knowledge to panic sell at this point in time

You are right ,most people  that panic and sell their bitcoins are probably traders which maybe short term investors, when there is dip many investors view it as a chance to purchase Bitcoin at a lower  price forgetting that it should be an avenue to accumulate more and hold rather than selling it,but they don’t know that Bitcoin value fluctuate rapidly,but they would be the once to regret later.

snip

snip

having a clear picture that investing in a longer term is the goal ,and they must make sure daily needs are met with that it can help in market volatility, all this will contribute to the success of the long term investment .

surely investing in a longer term is the goal, and yeah it is important to make provision for our daily needs but of course that has nothing to do with volatility. volatility of bitcoin is caused by demand and supply. when the demand is higher than the supply it caused a higher volatility or increase in bitcoin price and likewise when the supply is higher than the demand it cause decrease in bitcoin price otherwise known as low volatility. so provision of daily needs has nothing to do with volatility.

You are right , volatility of Bitcoin is caused by demand and supply which I already know , but it is also important that our  daily needs are met as an investor, but all I was try to say is that being financially  stabile will make one not to sell your Bitcoin when their is fluctuations in the market ,because when their is stability either with your job and with your discretionary income couple with backup funds all this can also help investors make informed longer term decisions .

[sotelorene]

Someone who panic sell there bitcoin because of a dip is definitely making a mistake, because when there is a dip in the price of bitcoin it presents an opportunity for us to accumulate more with a different and more convenient price as well, but I most say it is more common with someone who is new into bitcoin, or probably doesn’t have a little basic knowledge to panic sell at this point in time

You are right ,most people  that panic and sell their bitcoins are probably traders which maybe short term investors, when there is dip many investors view it as a chance to purchase Bitcoin at a lower  price forgetting that it should be an avenue to accumulate more and hold rather than selling it,but they don’t know that Bitcoin value fluctuate rapidly,but they would be the once to regret later.

snip

snip

having a clear picture that investing in a longer term is the goal ,and they must make sure daily needs are met with that it can help in market volatility, all this will contribute to the success of the long term investment .

surely investing in a longer term is the goal, and yeah it is important to make provision for our daily needs but of course that has nothing to do with volatility. volatility of bitcoin is caused by demand and supply. when the demand is higher than the supply it caused a higher volatility or increase in bitcoin price and likewise when the supply is higher than the demand it cause decrease in bitcoin price otherwise known as low volatility. so provision of daily needs has nothing to do with volatility.

You are right , volatility of Bitcoin is caused by demand and supply which I already know , but it is also important that our  daily needs are met as an investor, but all I was try to say is that being financially  stabile will make one not to sell your Bitcoin when their is fluctuations in the market ,because when their is stability either with your job and with your discretionary income couple with backup funds all this can also help investors make informed longer term decisions .

I totally agree with you and normally stable source of income is suppose to make one not to sell when there is fluctuation. Discipline, target and determination play an important role here. Some people do sell there investment even when there is no fluctuation in the market because they are not discipline, they don't have target but if someone has a target and he or she is discipline whether there is stable source of income or not they will keep holding and accumulating because they will be determined to hit there desire target that is to say that selling when there is fluctuation is a mindset and a choice.

[fikrett]

I totally agree with you and normally stable source of income is suppose to make one not to sell when there is fluctuation and discipline, target and determination play an important role here. Some people can do sell there investment even when there is no fluctuation in the market because they are not discipline, they don't have target but if someone has a target and he or she is discipline whether there is stable source of income or not they will keep holding accumulating because they will be determined to hit there desire target that is to say that selling when there is fluctuation is a mindset and a choice.

Knowledge brings needed resolve to continue to hodl appropriately and not drop your bags on the get-go.

Fluctuations are normal, dips and corrections - too.

They are part of the process

[Cointxz]

I totally agree with you and normally stable source of income is suppose to make one not to sell when there is fluctuation and discipline, target and determination play an important role here. Some people can do sell there investment even when there is no fluctuation in the market because they are not discipline, they don't have target but if someone has a target and he or she is discipline whether there is stable source of income or not they will keep holding accumulating because they will be determined to hit there desire target that is to say that selling when there is fluctuation is a mindset and a choice.

Knowledge brings needed resolve to continue to hodl appropriately and not drop your bags on the get-go.

Fluctuations are normal, dips and corrections - too.

They are part of the process

Knowing Bitcoin value keeps increasing long term by just simply looking on a zoom out chart makes it easy to hodl long term without the need to know more just for the sake of hodling.

It’s not bad also to partially take profit and re-invest later on as part of rewarding yourself so that you will not think on your investment most of the time especially when the price is increasing.

[nemesis_incarnate]

Knowing Bitcoin value keeps increasing long term by just simply looking on a zoom out chart makes it easy to hodl long term without the need to know more just for the sake of hodling.

It’s not bad also to partially take profit and re-invest later on as part of rewarding yourself so that you will not think on your investment most of the time especially when the price is increasing.

I always love to see when others outright tell about partially cashing out here and there, because sometimes, there seems to be no end to hodl for some, whereas, clearly, - the results should be fixed at least sometimes to say that they are there at all.

[Muba20]

You have a good point but you are a bit confused or lack some right description of what you meant. The idea of DCA strategy doesn't make investing in bitcoin and expensive venture, infact, it makes it much easier to accumulate more bitcoin with less financial stress. DCA approach works best together with Discretionary income. Anyone that invests more than his stable income is either greedy or uninformed. It is not even advisable to invest all of your stable income into bitcoin to avoid stress. Emergency funds and backup funds are the key strength of holding your bitcoin stash. So you make provision for emergency funds and back up funds before investing in bitcoin. Emergency funds have no fixed amount, you only envisage what could sustain the period before your next income and then what is left is what you can willingly invest in bitcoin.

What exactly are you even saying here? Every other strategies or infact Bitcoin investment requires or works best with a discretionary income the reason being that that is the only way we can be investing and at the same time be taken care of other important needs without struggling, whichever strategy or of accumulation we are using be it Lump sum, DCA or buying the dip the investment money must be a discretionary income if not you are gambling rather than investing, my point is that our investment money should always come from the angle of a discretionary income meaning that you are not investing most or all of your income in to Bitcoin but just a Left over cash after ensuring that whatever that is considered to be your basic needs has already been taken care of.

Agree with you, long term plan is necessary when investing in Bitcoin. In the case of long-term investment, the investor should invest his money in such a way that there will be no other pressure on the money, that is, what we call discretionary income. If a person does not have sufficient income, then he will not be able to hold his Bitcoin for a long time. Those who are doing DCA in holding Bitcoin must have taken the right decision, but he must think about whether he has the benefit of discretionary income or not. Many investors can make such a mistake that despite their lack of income source, they increase their investment by holding Bitcoin and hoping to be profitable from it, but after a while they fail to hold that Bitcoin.

[Brainnybtc]

Knowledge brings needed resolve to continue to hodl appropriately and not drop your bags on the get-go.

Fluctuations are normal, dips and corrections - too.

They are part of the process

hodling.

It’s not bad also to partially take profit and re-invest later on as part of rewarding yourself so that you will not think on your investment most of the time especially when the price is increasing.

Talking about this statement here, don't you think it's a wrong idea?
Because once you start tempering with your holdings especially if you are still in your accumulation stage, you are no longer an investor but a trader, and by doing so, do not be surprised that you will start doing it more often which is a terrible way to build up your unit of Bitcoin to a level that can change your financial history in the future, so what I can say to you about that is that don't fall to such temptation, just hold, in the future you will be glad that you didn't fall to such temptation of selling for small gains that will not do much difference on your finances.

[JayJuanGee]

Someone who panic sell there bitcoin because of a dip is definitely making a mistake, because when there is a dip in the price of bitcoin it presents an opportunity for us to accumulate more with a different and more convenient price as well, but I most say it is more common with someone who is new into bitcoin, or probably doesn’t have a little basic knowledge to panic sell at this point in time

You are right ,most people  that panic and sell their bitcoins are probably traders which maybe short term investors, when there is dip many investors view it as a chance to purchase Bitcoin at a lower  price forgetting that it should be an avenue to accumulate more and hold rather than selling it,but they don’t know that Bitcoin value fluctuate rapidly,but they would be the once to regret later.

snip

snip

having a clear picture that investing in a longer term is the goal ,and they must make sure daily needs are met with that it can help in market volatility, all this will contribute to the success of the long term investment .

surely investing in a longer term is the goal, and yeah it is important to make provision for our daily needs but of course that has nothing to do with volatility. volatility of bitcoin is caused by demand and supply. when the demand is higher than the supply it caused a higher volatility or increase in bitcoin price and likewise when the supply is higher than the demand it cause decrease in bitcoin price otherwise known as low volatility. so provision of daily needs has nothing to do with volatility.

You explanation of volatility, BTC prices and supply/demand is a we bit confusing Samlucky O.

Generally speaking volatility relates to BTC price movements measured over time, and so if the BTC price is moving a large amount over a short period of time, then it would be considered to be volatile, and so volatility can be in either direction or both directions, and it can be compared with other assets and/or currencies to say BTC price movements are more volatile or less volatile than some other comparative asset over some given period of time.

Your proclamation that high or low volatility has to do with BTC price direction is not correct, since high volatility would be the BTC price moving a lot over a given period of time, and low volatility would be the BTC price not moving very much over a given period of time, and whether volatility is high or low does not have to do with BTC's price direction.

Supply and demand may or may not relate to BTC volatility... Of course, if the BTC price is moving a lot then supply and demand might be changing during such period, so if the demand is increasing faster than the supply, then the price is going to go up, and when the price goes up, then it is likely that more supply will come online to account for the increase in price, yet if sentiment is that BTC price is going to continue to go up, then perhaps more supply would not come online even if the BTC price is going up.  

Supply can sometimes be manipulated by big players or BTC holder sentiment about bitcoin's price direction can affect the extent to which they put more BTC on the market.  Of course, with BTC supply is supposed to be fixed at 21 million, and not all of the coins have been issued yet, so there is ONLY around 19.5 million BTC on the market, and several million of those are speculated to be lost or otherwise no longer accessible by the previous owner (someone who should have the private key might have lost it or purposefully burned such coins, such as dying with them).

At the same time there have been a considerable number of bitcoin derivative products or even third party holders of BTC that contribute towards bitcoin transactions  that are not being confirmed on-chain, and to the extent that the derivative products are not backed 1 to 1 or being confirmed onchain, then there are seemingly decently good odds that there are more claims to bitcoin than exist.  In other words, more bitcoin are being created than exist through some third party services and/or products, which dilutes the supply and affects the BTC price and even sometimes the service will get caught with their pants down and not having as many bitcoin as they claim to have, which yes could artificially move the BTC price in one direction or another.. of course, increased supply would end up putting downward pressure BTC prices.

Of course, anyone with good cashflow management will be in a better position to deal with high levels of bitcoin price volatility, even if something like a downturn ends up lasting for a long time... yet of course, there is some psychological component too, that might follow from how well that cashflow management systems have been set up, since if a person over invests or contributes to his own expectations of BTC price moves (that end up being wrong), then he may well end up becoming emotional about his investment when he expected the BTC price to go up, yet it ends up going down.. so maybe instead of ongoing buying, he starts to hesitate in his buys and he might even go a step worse by selling some or all of his bitcoin expecting to either buy back at cheaper prices (or to save himself from further BTC price dips, that might not end up happening).

I totally agree with you and normally stable source of income is suppose to make one not to sell when there is fluctuation and discipline, target and determination play an important role here. Some people can do sell there investment even when there is no fluctuation in the market because they are not discipline, they don't have target but if someone has a target and he or she is discipline whether there is stable source of income or not they will keep holding accumulating because they will be determined to hit there desire target that is to say that selling when there is fluctuation is a mindset and a choice.

Knowledge brings needed resolve to continue to hodl appropriately and not drop your bags on the get-go.

Fluctuations are normal, dips and corrections - too.

They are part of the process

Knowing Bitcoin value keeps increasing long term by just simply looking on a zoom out chart makes it easy to hodl long term without the need to know more just for the sake of hodling.

It’s not bad also to partially take profit and re-invest later on as part of rewarding yourself so that you will not think on your investment most of the time especially when the price is increasing.

This is a slippery slope mindset, especially for newbies, to either slow down in their BTC accumulation or to develop expectations that they are going to be able to sell some of their BTC and buy back cheaper and to be better off by engaging in such a trading approach rather than ongoingly continuing to accumulate BTC until they have had reached enough or more than enough... which surely it could take a couple of cycles before many guys are even close to reaching such an accumulation strategy that selling some of their stash might even become part of their way of managing their bitcoin holdings.

If a guy has a bitcoin investment timeline of 4-10 years or longer, then many times he is still building his investment for 4-10 years, so quite a bit of his investment had not had any time to grow, unless he might have had been able to front load a decent amount of his investment (perhaps by reallocating from other investments?).

I am not opposed to the idea of selling some BTC on the way up and buying on the way down, yet it seems to me that any amounts of BTC that are sold should be so small that they are without expectations of buying back cheaper...  From my perspective, even when a guy reaches overaccumulation status, whenever he sells BTC he should not be expecting to buy back cheaper, unless he really has reached a status that he is ONLY selling clearly and unambiguously from overaccumulated coins.. , which I understand is not a clear description of what guys should do or how they should manage their BTC once they reach overaccumulation status, so guys have to figure out these kinds of formulas so that they do not end up in a situation where they had sold too much of their BTC too soon, which has historically been quite a common theme/happening in bitcoin.

[Sim_card]

This is a slippery slope mindset, especially for newbies, to either slow down in their BTC accumulation or to develop expectations that they are going to be able to sell some of their BTC and buy back cheaper and to be better off by engaging in such a trading approach rather than ongoingly continuing to accumulate BTC until they have had reached enough or more than enough... which surely it could take a couple of cycles before many guys are even close to reaching such an accumulation strategy that selling some of their stash might even become part of their way of managing their bitcoin holdings.

If a guy has a bitcoin investment timeline of 4-10 years or longer, then many times he is still building his investment for 4-10 years, so quite a bit of his investment had not had any time to grow, unless he might have had been able to front load a decent amount of his investment (perhaps by reallocating from other investments?).

I am not opposed to the idea of selling some BTC on the way up and buying on the way down, yet it seems to me that any amounts of BTC that are sold should be so small that they are without expectations of buying back cheaper...  From my perspective, even when a guy reaches overaccumulation status, whenever he sells BTC he should not be expecting to buy back cheaper, unless he really has reached a status that he is ONLY selling clearly and unambiguously from overaccumulated coins.. , which I understand is not a clear description of what guys should do or how they should manage their BTC once they reach overaccumulation status, so guys have to figure out these kinds of formulas so that they do not end up in a situation where they had sold too much of their BTC too soon, which has historically been quite a common theme/happening in bitcoin.

I don't know why some people who are into bitcoin investment has more of a profit mindset than accumulating and increasing their bitcoin portfolio overtime and see it grow constantly till they have accumulated their desired amount of bitcoin. Thinking more of profits can mislead an investor in his accumulation stage to the point that he might deviate from being a long term holder to a trader. When you start shaving little profits, it shows some sign of lack of seriousness in you to grow and build your bitcoin portfolio overtime because you are suppose to be increasing it and not decreasing it. You will also reduce the rate of the compounding value of your bitcoin overtime.

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

[Nheer]

You have a good point but you are a bit confused or lack some right description of what you meant. The idea of DCA strategy doesn't make investing in bitcoin and expensive venture, infact, it makes it much easier to accumulate more bitcoin with less financial stress. DCA approach works best together with Discretionary income. Anyone that invests more than his stable income is either greedy or uninformed. It is not even advisable to invest all of your stable income into bitcoin to avoid stress. Emergency funds and backup funds are the key strength of holding your bitcoin stash. So you make provision for emergency funds and back up funds before investing in bitcoin. Emergency funds have no fixed amount, you only envisage what could sustain the period before your next income and then what is left is what you can willingly invest in bitcoin.

What exactly are you even saying here? Every other strategies or infact Bitcoin investment requires or works best with a discretionary income the reason being that that is the only way we can be investing and at the same time be taken care of other important needs without struggling, whichever strategy or of accumulation we are using be it Lump sum, DCA or buying the dip the investment money must be a discretionary income if not you are gambling rather than investing, my point is that our investment money should always come from the angle of a discretionary income meaning that you are not investing most or all of your income in to Bitcoin but just a Left over cash after ensuring that whatever that is considered to be your basic needs has already been taken care of.

Honestly, you gotta take care of your basic needs first before investing. Use the money you can afford to spare, not the money for rent or food. That way, you can invest without stressing about your daily needs. You'll be more calm and make better decisions.
A person needs to get their essential needs met first before they should invest that's why using their discretionary income is the best advised. It gives you financial stability and reduces stress because you have other needs tackled already and so you won't have anything to worry about or every think of going back to your investment or relying on it to survive.
Investing discretionary income is a responsible and sustainable approach to invest if you don't want to jeopardize the success of your investment because it ensure your basic needs are met.

[Proty]

This is a slippery slope mindset, especially for newbies, to either slow down in their BTC accumulation or to develop expectations that they are going to be able to sell some of their BTC and buy back cheaper and to be better off by engaging in such a trading approach rather than ongoingly continuing to accumulate BTC until they have had reached enough or more than enough... which surely it could take a couple of cycles before many guys are even close to reaching such an accumulation strategy that selling some of their stash might even become part of their way of managing their bitcoin holdings.

If a guy has a bitcoin investment timeline of 4-10 years or longer, then many times he is still building his investment for 4-10 years, so quite a bit of his investment had not had any time to grow, unless he might have had been able to front load a decent amount of his investment (perhaps by reallocating from other investments?).

I am not opposed to the idea of selling some BTC on the way up and buying on the way down, yet it seems to me that any amounts of BTC that are sold should be so small that they are without expectations of buying back cheaper...  From my perspective, even when a guy reaches overaccumulation status, whenever he sells BTC he should not be expecting to buy back cheaper, unless he really has reached a status that he is ONLY selling clearly and unambiguously from overaccumulated coins.. , which I understand is not a clear description of what guys should do or how they should manage their BTC once they reach overaccumulation status, so guys have to figure out these kinds of formulas so that they do not end up in a situation where they had sold too much of their BTC too soon, which has historically been quite a common theme/happening in bitcoin.

I don't know why some people who are into bitcoin investment has more of a profit mindset than accumulating and increasing their bitcoin portfolio overtime and see it grow constantly till they have accumulated their desired amount of bitcoin. Thinking more of profits can mislead an investor in his accumulation stage to the point that he might deviate from being a long term holder to a trader. When you start shaving little profits, it shows some sign of lack of seriousness in you to grow and build your bitcoin portfolio overtime because you are suppose to be increasing it and not decreasing it. You will also reduce the rate of the compounding value of your bitcoin overtime.

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

The main reason why most of the investors has more of profits mindset is because they don't really have a long term target so their main is to make quick profit from bitcoin by gambling with it rather than investing so most of this set of people to me they are not investors rather they are traders .There decisions is motivated by there targets or aim which is to make quick profit so whenever there portfolio are in small profits they quickly take out the profits.
I think the reason why most of the investors take out profits from their investments is as a result of low risk tolerance and as such there decisions are influenced by emotions which at times they end up selling at loss.

[fikrett]

I don't know why some people who are into bitcoin investment has more of a profit mindset than accumulating and increasing their bitcoin portfolio overtime and see it grow constantly till they have accumulated their desired amount of bitcoin. Thinking more of profits can mislead an investor in his accumulation stage to the point that he might deviate from being a long term holder to a trader. When you start shaving little profits, it shows some sign of lack of seriousness in you to grow and build your bitcoin portfolio overtime because you are suppose to be increasing it and not decreasing it. You will also reduce the rate of the compounding value of your bitcoin overtime.

I agree with you that when you have reached your over accumulation stage, it is good to buy back whatever quantity of bitcoin that you sold when there is a dip so that you can continue to maintain your over accumulation status overtime, rather than going below your over accumulation status.

All depends on the targets put and what's up in the investor's life currently - some try to hodl as long as they can, some - put targets to realize their profits, no way is the correct one, there is only the ones that you wish to follow to achieve said goals, be it get more BTC or get profit from BTC in the long run and realize it.

[Bluedrem]

I totally agree with you and normally stable source of income is suppose to make one not to sell when there is fluctuation and discipline, target and determination play an important role here. Some people can do sell there investment even when there is no fluctuation in the market because they are not discipline, they don't have target but if someone has a target and he or she is discipline whether there is stable source of income or not they will keep holding accumulating because they will be determined to hit there desire target that is to say that selling when there is fluctuation is a mindset and a choice.

Knowledge brings needed resolve to continue to hodl appropriately and not drop your bags on the get-go.

Fluctuations are normal, dips and corrections - too.

They are part of the process

Knowing Bitcoin value keeps increasing long term by just simply looking on a zoom out chart makes it easy to hodl long term without the need to know more just for the sake of hodling.

It’s not bad also to partially take profit and re-invest later on as part of rewarding yourself so that you will not think on your investment most of the time especially when the price is increasing.

I want to ask you, are you sure you can buy it back at the price you are selling it for to reward yourself?
In fact, real holders never deplete their reserves unless they need cash.
They never deplete their reserves, and if it is Bitcoin, then it is not a problem since Bitcoin is going to be a strategic asset of the future.
When you spend your holdings in the hope of a small profit, you remember that you will not be able to profit a good amount of money in the future.

[nemesis_incarnate]

I want to ask you, are you sure you can buy it back at the price you are selling it for to reward yourself?
In fact, real holders never deplete their reserves unless they need cash.
They never deplete their reserves, and if it is Bitcoin, then it is not a problem since Bitcoin is going to be a strategic asset of the future.
When you spend your holdings in the hope of a small profit, you remember that you will not be able to profit a good amount of money in the future.

Different people do things differently.

Some think that cashing out at all on BTC is nonsense, some - that it's needed in order to realize some profits for themselves or to buy more later.

Reality is that each sees the ideal picture differently.