Quote from: rachael9385 on Today at 08:19:37 PM

Quote from: JayJuanGee on Today at 05:11:13 PM

Quote from: Ndabagi01 on Today at 04:47:33 PM

After investing, one can continue to learn more, but this should not impact the fundamental thing that each investor does in the long run. hodl for a long time and sell at a later profit after the bull run.

I would hate to imply that anyone should be thinking about selling all of their bitcoin, because then the just get into fucking around with trading and trying to figure out when to get back in if the goal is to continue to hold bitcoin but just to buy more cheaper... and so if you end up being 5-20x in profits then why would it matter so much if you trim off 10% of your holdings at 5x or 20x.. or maybe you figure out some way of managing your holdings so you never really end up selling all of it, even if there might be some periods in which you might choose to sell larger portions, such as 30% of your holdings (which if you are greatly in profits might constitute several times the amount that you initially invested).. so why sell it all, unless you are planning to die soon? if you do sell it all, then where are you going to put it that would be better than being in bitcoin?

I haven't kept my eyes off this discussion, no matter the fact that I am not always here to discuss, but I read every line of each comments on this discussion.

However, it is a good thing not to sell all the holding in the wallet. Selling the whole BTC in the wallet is not a good one. Moreover, what is the essence of holding the BTC when the investor still sells them all at last? Although the investor might have gotten some profits, it is still better not to sell all the BTC in the wallet.

If an investor sells 50% or 70% of the BTC in his or her Bitcoin wallet, I don't think that there will still be enough Bitcoin that will suit the investor (no matter the achievements he might have gotten).

I think the other aspects of Bitcoin are to pass over to the next generation, mostly those that are aged. So, even if an investor wants to die and the investor already knows, then there is no need to sell all the BTC he or she has, but it will be good if the investor passes it on to his or her child that already knows what Bitcoin is all about, even if it is a little knowledge that the child has.

I don't actually think selling all of your bitcoin is a good idea, even if the initial idea was to accumulate and then use the money to buy or settle some things its still not worth the risk of selling all of your bitcoin, but rather I stand with the opinion that say, pass bitcoin to the next generation. Maybe before our grand children will start using using bitcoin, the price has already gone up to some millions in dollar, and you still retaining up to half a bitcoin would be considered a wise grand PA who used his wisdom during his time. But failure to retain some BTC is just like a salary earner whom after receiving his pay, he enters into a gambling casino and spend all his money before arriving home. Yes, its as worse as using gambler to compare one who sells all his bitcoin without retaining some for the next generation before he/she dies.

Talking about selling of bitcoin, next year we would be experiencing the halving event and this is not the right time for any one to think about selling, even if his intention is to sell after the bull run then wait for the dip before buying again, how sure are you that after selling your coins that wouldn't be the least amount the price of bitcoin would fall to? So I not in support of the idea to even sell and buy again because you might be experiencing some loses if it happens just as I have stated.