Quote from: I_Anime on March 28, 2024, 10:48:57 PM

Quote from: Roseline492 on March 28, 2024, 10:20:12 PM

Quote from: JayJuanGee on March 28, 2024, 09:38:26 PM

Quote from: Marvelockg on March 28, 2024, 08:31:08 AM

It's good we make it plain that the reason why you're accumulating or investing in Bitcoin will not be the same reason why the next person is doing his and this will go a long way in shaping how he goes about with his investment and how long he desires to hold and remain in profit before selling his holding.

Again.. you can do whatever the fuck you like, but you don't really seem to understand bitcoin very well if you think that it would be prudent, smart and/or practical to plan to sell large amounts of your BTC whether it is for consumption purposes or for investing into other kinds of assets/currencies.

Of course, there are ways to maintain and to manage your BTC holdings that could involve some selling, but planning to sell large amounts of it seem to be failing/refusing to appreciate what bitcoin is.

Yeah that's actually very clarifying, however I wonder why someone could even think of selling a large amount of his Bitcoin holding even if he has other intentions of using the funds on, however even if his intentions is to venture into other assets shouldn't be a reason for someone to sell a large amount of his Bitcoin because regardless of the needs or intentions to venture into other investment what should be mostly considered is the potential and how real it is, so considering all this things Bitcoin should always be the major investment for everyone because unlike every other investment Bitcoin has shown that is the best investment that can put a smile on someone's face in the future only if they hold.

Alot of individual most time would sell some certain amount of their Bitcoin ( expecially when you haven't reach your Accumulation goal or having enough Bitcoin). With the mindset of replacing it back. Lol I laugh , most people don't know that the chances of them buying at that Same low price is damn low. You can't expect bitcoin to dip for sake inorder for you to replace that amount you withdrew from investment at that same price you first brought it . Nahhh things doesn't work that way. Like those who bought their Bitcoin when the price was $10k and they later sold there coin around the price range of $15k , with the mindset that when bitcoin dip again to $9k or $10k they would buy , but now look at Bitcoin is around $70k now . So you can see that when you start taken profit from your investment when you haven't gotten far with it . You're only reducing the potential of yielding some thing good in a long run . That why one should not of removing or withdrawing from his investment ( Bitcoin) , especially those that are low coiner or haven't gotten any where with Their accumulation. Should rather focus on how to add more Bitcoin to his portfolio.

I think it's quite a different topic that Jay is talking about here, it's not really about those that sell their bitcoin so ealry and missout on the possibility of bitcoin compounding in value but rather those that has already reached let's say a considerable amount of bitcoin in their stash and has been accumulating for up to 10-20 years and now want to sell of all their bitcoin for one purpose or another instead of understanding the fact that they could actually start getting some dividends from their mature bitcoin investment by applying some withdrawal methods that would be applied in a way that they won't be selling to much of their bitcoin and would also be maintaining its value in a certain way as he explained in his Jay's sustainable withdrawal method thread.

IMO I think the idea is not even about reaching or accumulating so much bitcoin just to sell again but to have your value stored in bitcoin as an asset just like having properties or lands or maybe shares from a company, and like other asset that are able to give dividends or return of investment, bitcoin also has the ability to do so, all we need to do is find out how we can actually achieve this.