Quote from: Hewlet on Today at 05:53:45 AM

Quote from: DaNNy001 on Today at 02:32:01 AM

The moment an investor decides to trade his coins, the mentality of long term investment is far as gone so because the unsettling urge to continue with the process when he by got profit would always be on his head but the sad truth is that it's actually going to end sideways because there must be a time when you hit a loss and that can result in you chasing that amount of funds lost just like gambling and with this mentality everything would simply be different.

sometimes it's best we get used to the word "Bitcoin" rather than talking about coins in general which might to a very large extent send a wrong and misleading information to people that might come across this thread to assuming we're talking about another thing outside of Bitcoin. Trading is for Altcoin because they don't have a legit futuristic prospect while the word investment explains what a Bitcoin holder should be known for. I don't want to put more emphasis on this but the truth is that it makes more sense as a Bitcoin investor to go all in with a mentality of investing for the long run and never assume you should trade your Bitcoin just to outsmart the system and increase the quantity of your Bitcoin. If you're interested in increasing the quantity of your Bitcoin the better way of doing it is to be patient with your DCA, cease every opportunity you have to buy at different prices and ensure that you're not tempting to sell too soon just because others are selling or because Bitcoin has gotten to a new ATH or that you're even a good profit margin.

Quote from: DaNNy001 on Today at 02:32:01 AM

So it's better to probably to stay off and have an ideal plan that's gonna help you gather profit and then maybe sell off portion of your Bitcoin after the bull and refill again by simply buying at a very low price when the bear market comes

this is yet another strategy that wouldn't work well for you for most instances and might almost look like you're seeling your Bitcoin in gain only to buy again in loss. Except there is a tangeable reason to selling your Bitcoin, selling to buy back even when you're in a bullish period isn't the best idea especially when you've not gathered a good chunk of Bitcoin in the first place. The possibility that you will be able to buy back at a much cheaper rate than when you sold your Bitcoin is very slim as you can't really tell when the market will stop being bullish and that even after you've sold part or all of your holding, that Bitcoin will not surge up further and further putting you in a possible where you have no option than to wait longer till you experience a DIP that might or might not happen or you just have to go on to still buying at a bullish price which means that you have to wait for a very longer period of time before bitcoin goes above that price and gets to a position where you can now see yourself in profit.

Theoretically, selling to buy back might seems like a good idea but when your assets is in a liquid form, the probability of spending it or mismanaging it is very high which makes the whole idea of selling to buy back a possible route to disaster or shortning on the quantity of your stack.

In a simple word Trading is exhausting,and requires more energy compared when you just accumulate according to your DCA plan which is very relieving and free from losses that might be incurred when you Trade. I also say do we care about trading an asset when we can accumulate and have it in our position. This can't be overstressed as it a matter of choice which we know that every decision has a consequence wether good or bad.

I only would consider selling to buy back Bitcoin to be valid, when such investor musy have been present in the market for at least a full cycle to see how far his investment has gone, of which such investor must have a good stash of Bitcoin and has reach a certain maturity stage whereby he isn't joking around his portfolio but not a beginner or one who accumulation journey and portfolio is still below average ( best word I can use) that's same thing as chasing short term gains because you are just crashing your accumulation journey.

Selling to buy back is reinvestment in Bitcoin which isn't the right phase for anyone who don't have a good stash of Bitcoin or still in early phase of accumulation, you will surely get wrecked if you do.