Quote from: Sayeds56 on Today at 12:30:38 PM

Quote from: ajiz138 on May 25, 2023, 06:54:40 PM

Human nature is always different, for example if they already have 0.5 BTC and when the price is expensive then they will definitely sell it because they see a high value, whereas people who want to achieve the goal of 1 BTC must be consistent throughout their long journey, I know some people are salaried the price is not that big so they will only set aside lower than what is expected.

Still, the golden opportunity is now not waiting, buy dip now if you have lots of money.

There is no doubt that human nature varies from person to person, however the decision to sell Bitcoin holdings is not solely driven by market conditions or desire to book gains, there are many other factors those can influence our decision making, such as long term goals, financial situation and risk tolerance level. The history has demonstrated it consistently that long term HODLERS of Bitcoin are always at advantage, therefore, in stead of booking small gains, wait for the bull cycle to relaize significant profit.

Bitcoin holdings should be seen as a practice and during the process of holding you should also try to accumulate bit by bit based on your income a that moment. One should have another means of cash inflow to take care of any expenses that may occur during that period of holding, so that the market price during the bear wouldn't make you to panic and sell. It is our decision and determination that can enable one to plan on a good strategy that he can use to overcome whatever financial challenges that will discourage you to sell some part of your bitcoin portfolio.

This thread is not about selling you bitcoin during the bull market for good profit but a thread on how to buy at dip and hold for long without thinking of selling even in the bull market. This is because if you sell in the bull run,you might not be able to get back that same fraction of bitcoin which you have sold in few years or even for life. Before every bull run there is a halving which will reduce the quantity of bitcoin to be mined. Therefore, if you sell all your bitcoin for fiat,which one will you be able to hold on for long when the price might be 10x what you sold earlier. The wisest way to benefit from your bitcoin portfolio is to hold for a very long time and continue to DCA.