I think an investor will not hold for a short time because the principle of an investor is a strong hand to hold bitcoin as long as possible, on the other hand the current price is still not high enough even though buying around $ 16,000 it is still too early to sell bitcoin assets, still be an investor as much as possible with the next 10 years he will definitely get everything.
Not all investors have the same time frame when it comes to sticking with their investments. Investment time frame tend to vary from investor to investor, but that shouldn't really matter as long as they're making a profit. Institutional investors may be different, they tend to get a longer time frame than personal investors.
Surviving 5 to 10 years in an investment asset that has a high risk of volatility like bitcoin probably would not be considered by all people hoping for profits between ATH. They will sell it and enjoy the profits all year round. But the principles of investors are the same, yes they tend to stay on longer time frames.
Yeah.. you can fuck around all that you like.. including selling BTC when you are in profits. But part of the focus of this thread is to frame bitcoin as a longer term investment, which is that 5-10 year time frame, so yeah, you can see profits at some sooner timeframe, and you can take profits, and so fucking what? You made some dollars, and you might end up getting screwed if you sell too much too soon.
There is a bit of a value proposition that is being presented in terms of bitcoin potentially serving as a kind of asset that you are not fucking around with.. you are accumulating it and building it for the long term.
And, sure on a personal level you can do whatever you like, including ignoring bitcoin's value proposition, valuing your wealth in terms of dollars and try to time the ups and downs of bitcoin and end up selling too much too soon.
Don't get me wrong.. I am not even against some folks to consider investing into bitcoin in terms of shorter time horizons, even though probably it used to be the case that I would tell people that it might NOT be a great idea to invest in bitcoin if they did not have at least have a 4 year time horizon. These days, I still largely stick with the 4 year time horizon as the minimum, but I also suggest that maybe if your time horizon is less than 4 years, then you would just take a smaller position size.
You're right, it's their right to determine their position to sell their BTC when conditions are rising. This is even a short-term investment, but they do it because they want to get profits faster than usual, but keep in mind it's not as easy as we imagine, buying low and then selling high is actually difficult for short-term BTC so here I've focused on the long term with 5-10 years, but again every investor's thinking is different but I'm more focused bitcoin is a long time to stockpile.
But please assume what percentage you want to get from the increase in bitcoin and then sell even I envy this is no exception selling lots of bitcoins but if you feel it's still a piece of bitcoin then it's better in the long term because, for the long term, it's not ideal to get better profits.
But I agree with you, you don't need to force someone to run it alone.
Part of the truth of the matter when someone might either start to get more elderly in their 60s, 70s or 80s, they become somewhat uncertain about how long their time horizon is, as compared with someone who might be in his/her 20s, 30s, or 40s who might be saving up for a house or some large purchase, so the time horizon has to do with considerations of when they are wanting to be able to make those larger purchases, rather than end of life and/or retirement considerations.
Actually I don't have data on how many 60-70 year olds are still active in investing in bitcoin with DCA or hoarding in any way to project it but I predict that those who do this are among young people maybe at the age of 20-30 years who are still young enough with all the big dreams of bitcoin as long as they invest it, of course their hope is to buy something that has been coveted so far by buying an expensive house or car in the process of saving in bitcoin but if they set a 10 year HODL then they can get greater profit from the results of such patience.