Quote from: BITCOIN4X on Today at 08:30:58 PM

Quote from: JayJuanGee on February 27, 2023, 07:24:36 PM

Quote from: BITCOIN4X on February 27, 2023, 04:06:33 PM

~Snip

Well, also if any of us might be considering 4-10 years down the road or longer, then we should not be giving too many shits about the next ATH and the possibility of selling at that point.

True, I completely agree with your opinion.

Quote from: JayJuanGee on February 27, 2023, 07:24:36 PM

Not that I am against selling BTC, but there can be ways to consider BTC investing in longer time horizons that go way further out than 10 years, and maybe 20 years or 30 years or more, but then at the same time, there is a balancing factor, and some folks may well NOT have that many years in order to consider how they are investing into BTC... and how much they might want to get worked up about what their level of profits might be in the short term.. even though there are likely ways that small amounts of BTC can start to be shaved off as the BTC price goes up, but without really selling large portions, but selling small amounts in order to attempt to improve risk management and to insure for possible downside corrections.

I'll probably consider sale when I get the price up and give me a worth it return. But back to our own goal, if we want a higher return on our investment in bitcoin, then we don't have to sell all the eggs and we should have to patiently wait and hold. Also of course it's not mandatory to hold on any longer if there's something sensible in sight, I mean it's kind of a nice advantage that we might be bad to miss.

The idea at the moment is to hold and buy on dip, so we just need to maximize the chance while price are low. Of course there are many ways that we can think of, and they also think about and adapt it to their individual financial conditions.

Personally, I like Risto's thread in regards to thinking about bitcoin selling (Sane and simple savings thread ), even though the thread was started more than 9 years ago, Risto turned out to be a bit of a scammer and a Monero pumper and also Risto is no longer with us (RIP).. but still some good framework ideas in regards to some ways to think about how to consider selling BTC.