Quote from: Odohu on Today at 04:45:00 PM

Quote from: 348Judah on Today at 03:23:57 PM

Quote from: Moreno233 on Today at 01:08:43 PM

I know people who engaged in this practice and at first it looked like good business and easy money but as time progresses, they usually come back to face reality which is that they have ran out of Bitcoin or have their Bitcoin portfolio depleted with no way of accounting for the profits made. This happens in two ways, the first of it is that when they buy during bear market and sell during bull market, some usually keep this money in their bank or in stable coins and every now and then they will always see a need and will use part of the money to meet such needs.

A good investor will always know that his investment asset in not what he can use on other purpose, even the realized profits are expected to get back into the investment in other to have more chances on earning more from the additions in them

Theoretically it may seem plausible but that is not always the case as the temptation is compounded when you convert your Bitcoin to cash that is stashed in the bank. Besides, holding cash for two to three years waiting for the bottom of the bear market, which is what many people do, is not easy. Instead of the problems that this method carries, which have been abundantly elucidated, why not simply HODL because what you supporting is not different from position trading because the life cycle is less than 4 years.

@348Judah seems having a contrary view on this subject matter, let's digress a little from the topic thread all about purchasing Bitcoin, but in these case of taking profits and whether if to invest or use the profits for diverse purposes. Firstly, it begins with the interest of the investors, each investor should have a few reason as to why he decides to sell off his investment, it maybe due to having physical investment that also demands capital or he also just want to take profits probably before experiencing another bearish cycle, this which is the most common out of every reasons.

Most investors who are deeply into Bitcoin investment and have no alternate investment plan would live their Bitcoin portfolio for yet another cycle, it depends on how we see and take the market to be, leaving our Bitcoin for another four years circle is what identifies an investor as one who seeks for long term hold.

Quote from: Odohu on Today at 04:45:00 PM

Quote from: 348Judah on Today at 03:23:57 PM

we have to maintain a unique kind of business model and this ethics is to maintain the boundary on what we use our intended investment fund for, we cannot do without attending to some needs as they may even come in urgent to us, the reason why we are expected of having alternative to our source of income, when we invest, we buy the dip, hold and when the market rise, then we sell, we do this over and over again.

In other words, it is buy low, sell high for you. Well, that is not different from trading and I do not have problem with that, just that it may not be the focus of this thread because it is long term investment that is being discussed here.

In as much I enjoy the DIP, I do not prefer holding cash with the intentions of monitoring the DIP so one can invest, we can't clearly predict or speculate on how deep the DIP will be. We are expected to to take our profits and return back the capital into DCAING with probably little funds till the bearish cycle begins then we can aswell adjust the size of funds released for investment purposes.