Perhaps what is even the need of always waiting for the dip before accumulating when you that even if the price of Bitcoin dips we cannot even accumulate a reasonable amount of Bitcoin due to how small our investment portfolio is
Funny how you concluded that we are all small fries; seems you don't believe someone of the participants in this discussion can actually could actually be holding a huge portfolio. Well, I doubt if there is any MicroStrategy investor here, so your point is noted.
There are no needs to disclose, but there are surely guys/gals with more than 50 BTC, and guys/gals with more than 100 BTC, 500 BTC and various other higher amounts, and even the one with 50BTC or more should be in a pretty decent place financially and psychologically.
Mearly hearing the tons of BTC people accumulated when BTC price was nothing compared to now, it just like accumulating Bitcoin now is just a play but never the less we keep pushing.
Sometimes I wonder why Laszlo Hanyecz has not yet file a lawsuit against Jeremy Sturdivant for buying two papa John's Pizza with 10,000 bitcoins (BTC) that was an act of ignorance. I don't even know if they did hold there Bitcoin up til date though it really funny but sad Truth.
doubt it is a great idea to fantasize cashing out of all of your BTC, because even if someone were to have had accumulated thousands of BTC in earlier days (let's say 2011 or 2012) for relatively low prices, s/he could still cash out fractions of his/her holdings at various UPpity price points, and still feel quite well and in a good financial and/or psychological place and still perhaps have a lot of his/her BTC stash.. maybe even have 60% or more of the original amounts.. so there really should not be any needs to cash out high portions of a person's BTC stash, especially if s/he had either bought a lot of BTC in earlier days or just had been building up a lot of BTC over time.
If we can hold on to Bitcoin during the bad times of Bitcoin, then why should we be in a rush to sell our Bitcoins now? Now there is no question of selling bitcoins. I think now is the best time to hold bitcoins instead of selling them. For those who think they should sell half a percent or one-third of their total investment, I would say since you have been patient for so long, you should be patient some more because holding this will do an investor a lot of good in the future.
I hold bitcoin so deeply I could have sold my investment when bitcoin went to $65k if I wanted to but I'm waiting for better times. I may have felt a little bad when the market fell from $65k to $17k, but my bad feeling didn't work when I comforted myself with the hope of better things to come. I deeply hold my investment and will continue to do so surely this investment will never let me down.
It will definitely not let you down. Continue holding. but my sudjestion is that since bitcoin has fall from the ATH to this point. you should even buy more now sothat when it goes back to ATH or more you will recover what you might have lost then.