Quote from: Onyeeze on December 08, 2023, 12:28:23 PM

Quote from: JayJuanGee on December 07, 2023, 06:34:13 PM

Sure if you have long term investment ideas, then you would likely not be selling any of your bitcoin now, but I doubt that the reason would merely be because you expect profits to be guaranteed in the future, but instead that you had made your investment into bitcoin based on a long term investment thesis and you are not merely thinking about short term profits.

A long term investment idea is depend on what you have in mind and your target, some do not calculate the future well and they began to sell their bitcoin, what triggers some people who is inquisitive to sell their bitcoin right as bitcoin is increasing is because they believe on the physical increment of bitcoin and they don't make use of chart to know what the future will yield, secondly, their is different between someone who is into long-term Investing and short-term investing, someone who into short-term investing doesn't think of the future it only be interested of making an instant profit whereas long-term Investing somebody is concentrating into the future and that is why a long-term investor keeping holding it bitcoin knowing that bitcoin might keep adding in value and as bitcoin is adding its making a profit

Put differently, you can not determine a short term investor from a long term holder/investor from one act or in just a single scenario. someone could be a long-term holder and at the same time be selling in a little increment in price, whereas you can not consider them short term investors this can be as a result of a well prepared plan for investment.
Disclaimer; this is an imaginary example
If Churchillvv has a portfolio of which he holds his investment and has a good cash flow, he can as well create another portfolio where he can buy Bitcoin in a relative price and sell during a little increment in price it doesn't stop him from holding his original investment. To further buttress if Churchillvv has a minimum amount of $15k worth of Bitcoin after preparing other funds for his personal activities he can use a $1,500 to buy Bitcoin during the dips and sell via bull season and/or on any increment in price in this scenario he cannot be considered a short-term investor.

But if JJG has the same Bitcoin stash as Churchillvv but sells it all or some at the slittest increase in price he can be considered a short-term investor and/or a Bitcoin gambler because he doesn't not have an alternative portfolio for his gambling. the example above is a mere assumption to differentiate a short-term investor from a long-term investor.

Both the short term investors and the Long term investors doesn't not need a chart to know the future of Bitcoin price as far as the speculated price for Bitcoin has not been met in common sense one should be able to understand that it still has much to come that it has already.
As I have always said you can gamble with your Bitcoin as desired because you have the right to make decisions but it best done when you have a portfolio where you hold a certain amount of Bitcoin to be prepared for both the UPPity and DOWNity of Bitcoin.

Quote from: Ndabagi01 on December 08, 2023, 02:20:58 PM

Quote from: JoyMarsha on December 06, 2023, 11:58:57 PM

Quote from: Popkon6 on December 06, 2023, 04:53:41 AM

Be careful, never sell bitcoins because someone is greedy for money because the price of bitcoins has increased. Learn to buy bitcoins, not sell them.

I don't think someone would want to sell their bitcoin at this time just because they are greedy for money when they are fully aware that the Bitcoin that they are holding can give them profits in the future.

Anyone that you see who sells their bitcoin now is doing it for financial reasons and not for greed. I can't have an urgent need of money and you expect me not to sell my bitcoin so that I won't appear greedy, whereby I know that I can buy bitcoin back at any time I have the money to.

This is not greed because you are using the money for something important to you, and it makes no sense to have a lot of money invested and still live an uncomfortable life, possibly borrowing to satisfy your desires. People are advised to invest what they do not want to use right now because of scenarios like this. By doing so, you’ll have a separate savings for urgent needs while making this investment a last option resort. If you have all of this in place, your investment will be safer and will only be withdrawn when you have maximised, taken a lot of profits.

Additionally there are rules that apply to investment which must be put in place before venturing into any investment weather bitcoin investment or any other investment outside the forum. It best to have all the requirements for investment in order to sail through all the waves in investment, if you haven't given this rules its at this scenario that you would sell your Bitcoin to solve the so called personal problems if you have an emergency funds that can push you through both the good and bad times you will find out that there is no need to touch your investment when anything hits you. most people for victim of regret in their investments because they lack the know how on investment and hence refuse to seek professional economist advise.

Quote from: Ndabagi01 on December 08, 2023, 02:20:58 PM

Quote from: Justbillywitt on December 07, 2023, 05:34:42 PM

Yes I agree with you that many Bitcoin investors lacks patience
When it comes to holding Bitcoin. But I think every investor has his or her greed level. There are people who bought Bitcoin when it dip to $15k earlier this year and set a target that they will sell at $25k while others set a target to sell at $35k. It now becomes difficult for them to keep their Bitcoin once they price enter that region. It's just just a normal thing for short term Holders.

Short-term investors should be prepared to take advantage of the upcoming bull run; even if they purchased at a lower price, the price movement does not indicate that they should sell now. But holding for a long time is required to come with a prepared market mindset. If short-term investors do not have that mindset, they will always take profit when prices reach their desired targets and exit the market immediately. Perhaps this is referred to as risk management, though the risk in bitcoin is already minimal if you are willing to hold for a long time.

I had to read thoroughly to understand your point but it seems to contradict itself IMHO. You should be clear in presenting your speech though I now understand a little bit of it which I will buttress, every short term investor/Bitcoin gambler is not always interested in what will be the out come of Bitcoin later or future they are just interested in the little profit that comes with the little price movement that shows up at anytime. Although we always advise them to limit their short term interest but it is the very least advise they wish to adhere to hence every individuals has his or her decision to make so be it as it may let them do what is best for them.