Quote from: JayJuanGee on September 30, 2023, 07:35:04 PM

Quote from: erep on September 30, 2023, 07:04:01 PM

Quote from: JayJuanGee on September 30, 2023, 06:03:51 PM

Again.. your hypothetical seems to be misreading what I had said, even though I don't really disagree with some of your points, but the numbers that I had been trying to use don't work anymore if you are changing that $30k from annually and into monthly.

He should carefully read your previous post and he should not be hypothetical with the accumulated annual profits from bitcoin investments, although they argue that bitcoin assets are for investment purposes but many investors have placed orders at the point of $100k to sell 10-20% of bitcoin assets , but if I have 2 bitcoins. I will plan a different strategy to sell 50-70% at $100k price point and start DCA strategy again when the price corrects below 85k, but the feasibility of the strategy depends on market review because when the market is bullish maybe the price can exceed +110k and we just need to review the prediction of the highest price that is likely to be reached and at that time we will use this strategy for the purpose of increasing the value of bitcoin investment by buying bitcoin during market corrections.

You are making a lot of the same points as me, but I am suggesting that if you feel compelled to sell some, then to sell the lower amounts at various increments and never all at once and even to be in a position that you are never selling more than your profits (so you are not selling principle), even if we have a lot of confidence that the top of the cycle might have been met, so surely I don't even recommend selling as much as I mentioned but I am trying to provide some kind of a compromise possibility that others might consider rather than selling 100% of their stash, and from my perspective, you surely are going quite high.. because you are thinking that the odds are going to be with you to be able to buy back more BTC with the proceeds of your sale... which surely is getting us further and further from the topic of this thread when you start to think about selling as an accumulation strategy rather than mere a kind of insurance or just a BTC portfolio maintenance strategy.

of course right, even though he sold some of it at a lower price it is not wrong, if there is a loss that befalls him as long as it is not big why not? and don't forget to consider the decisions he will choose, because he himself will certainly face everything for the choices he chooses for the future, buying or selling BTC is one way to face the future but it is inseparable from the market price, so be smart in choosing or making decisions so that there will be no big losses that will befall him, everyone doesn't want the name of a loss, but indeed the risk is definitely there in any case and ready or not ready, whether we want it or not, we ourselves will make the decision that will produce good or bad results.

don't hesitate to make decisions if you are sure of what you think then do it, don't think you will lose and then fail in something, being brave in making decisions and taking risks is not wrong but it's a great thing because of that.