Re: Do not ignore the small profits in Bitcoin investments.
There is nothing wrong with long-term hoarding, but when the opportunity is there to take some small profit, then you should take it. 
The long-term approach is one of the best trading strategies for me. Taking varying amounts of profits overtime and accumulating to a much higher goal. It gives a trader something to fall back on, should the market turn sour unexpectedly.
That's why I always suggest timing rather than patience, the market changes unexpectedly and there are opportunities to profit littered about, and not just the promise of a grand finish.