Quote from: imamusma on Today at 04:32:49 PM

Quote from: JayJuanGee on March 08, 2023, 09:05:52 PM

[edited out]

Despite all that, everyone will never be forced to hold bitcoin any longer as long as they can no longer afford to hold because of a high selling impulse in their minds. But of course selling some of those bitcoins is the wisest option instead of selling all of them. Again, it all really depends on the individual, so this is something that may not be the same as one another.

Well that seems to be part of the purpose of this thread, in order to discuss various ways in which to accumulate BTC in such a way that any of us might be able to put our own individually tailored systems into place so that we don't feel as emotional about or BTC sales and/or our BTC buys so long as we might consider that overall we are attempting to treat bitcoin as a long term investment, so in that regard, we might feel better to sell a bit of our bitcoin on the way up.. but might not feel compelled that we have to sell large portions or even any of it on the way up if we might establish other systems for ourselves to deal with seemingly inevitable ongoing BTC volatility.. ONE of the most inevitable things in bitcoin seems to be that it is going to be volatile - so if we already can recognize and appreciate the likely inevitability of BTC's volatility, then we are likely in a better place to deal with such ongoing inevitable volatility by putting systems into place, and surely some of the emphases of those systems that each of us puts into place is going to vary from one another, but if we are able to bat around the varying ideas (including in places like this thread), then we are likely going to put ourselves into better financial/psychological circumstances to be able to deal with such.

Quote from: Dickiy on Today at 05:03:27 PM

Quote from: G_Besar on Today at 02:36:18 AM

Quote from: Bitcoin_people on March 07, 2023, 04:05:15 PM

Trending crypto market investing in Bitcoin can make some profit. And if you can get a good idea then definitely buy and hold Bitcoin. Buy bitcoins when the bitcoin market goes down and sell when the price goes up if you want to sell later. And thus you can become a successful trader in the future.

There is no need to have a good idea if someone already believes and believes in Bitcoin, so he can immediately apply Buy the DIP, and HODL to Bitcoin and never think about when to sell it even though when he sells it later it will also determine what the price will be at that time. Sometimes the buyers in the market are not all traders, because there are also those who just buy and then hold it for a time limit that they did not specify at that time. Although the goal of investing in Bitcoin in the long term is to make a profit.

There may be some people in the market that when he buys bitcoins he doesn't know when to sell them but I think those are just beginners in investing in bitcoins. I think that a healthy and experienced investor always determines when to buy and when to sell, management of things like this is important for smooth investing both in the long and short term. If someone who is experienced they are definitely more or less able to read price movements, as we know in bitcoin there are cycles, market trends, buy/sell opportunities, and price characteristics every month during the course of one year (excluding news sentiment) then when you can read this, you will definitely prepare several options for making decisions and I think that is something that every investor should have, what I mean is that there must be a target in terms of profit goals for any period of time.

I do think that you can talk about systems to put in place in order to better trade - but really that is not the topic of this thread.

We are largely attempting to talk about dealing with one side of the ledger in this thread to help to figure out ways to employ various buying strategies and even holding strategies whether or not we might have run out of money to buy.. ... so surely buying on the dip or DCA or even maybe some lump sum buys from time to time, but then the default is hold.. not sell.. so we are not really talking about the trade offs in regards to trying to figure out how to sell and to potentially profit from that.. so those kinds of strategies seems to take us outside of the topic of this thread.. even though it can be a fair topic, but seems to need to be explored in other places (threads in the forum). and not as one of the methods being discussed here in regards to the planning and employing of the various strategies of buying and holding.