Quote from: Uruhara on Today at 04:58:32 AM

Quote from: salad daging on August 02, 2023, 06:07:31 PM

Quote from: Uruhara on August 01, 2023, 12:02:31 PM

Quote from: darkv0rt3x on July 30, 2023, 06:27:20 PM

I'm not waiting for any bull seasons. I just keep buying no matter the price. And I will only seel if I have a situation of life and death that I really need to dump all my Bitcoin. But that is an extreme situation, for sure. I hope that day never comes and I can keep accumulating calmly over the years, until Bitcoin adoption is high enough that we can use it, like in a daily basis or so!

Means you really will make your bitcoin investment for the long term regardless of time. You will keep it as long as possible as long as you are not forced to use it. And I think that's a pretty good thing as long as you're really only using cold funds. I also hope to hold onto bitcoins as long as I can. But when Bitcoin reaches ATH maybe I will start selling and will start accumulating again when the bear market comes back. But I'll probably keep half of it and try not to touch it for a long time that I won't specify.

That's bitcoin many trust by storing long even though it has passed several cycles, if a true holder they will survive until the bitcoin is needed again, but that person is financially strong because they ignore the high rise when there are people who continue to survive during the temptation of soaring increases.

Like me, there is already a target where when bitcoin $100k is a golden opportunity to sell because it has 3x the profit it gets, but it's not wrong that way as long as they are still profitable then it must be withdrawn immediately, after bullish will definitely come bearish again, this has become a cycle that many people know.

At least it has gotten to be the goal of all of us.

Bearish and bullish cycles will indeed continue to repeat and it is not a problem if we can take a profit position in a bull market and start buying again when the bears come. The current target of 100k is indeed the most reasonable. And maybe I also have the same target around that price. It depends on how the market situation will be when the bull market comes. whether it will be strong enough to continue to increase or not. That's when the decision may be whether to continue to hold or take some of the profits to be spent again in the event of a decline.

But to be honest, if my financial situation was more stable, then maybe I would ignore the increase that has occurred in bitcoin and would continue to be strong even for a longer and unspecified time. Like what Hal Finney did, who kept his own bitcoins to be passed on to his children. Maybe I will also follow steps like that if I have enough financial.

What if the next bear market is consecutively higher than the previous bull market? Won't you be losing money anyways? I prefer always by no matter the price. Thhat is my only strategy and I don't worry too much about buying lows and selling highs and risking that lows are higher than previous highs!