Quote from: Jewan420 on July 28, 2024, 04:33:02 PM

Quote from: nutildah on July 28, 2024, 12:33:33 PM

I think he just loves a good ball washing. He's almost assuredly ranked up more useless spammers and shitposting alt accounts than any other single individual on this forum. It directly leads to a decline in the overall quality of the forum as visitors must wade through pages upon pages of ball-washing, merit-hunting, quota-fulfilling spam to find single nuggets of actually valuable information (which they're not going to do, BTW).

How hard is it to understand DCA? Every essence and nuance of it could be covered in 1 page with 20 (good) posts.

As far as I know, everyone on this forum has some freedom. Your choice and mine can never be the same. It is JJG's personal choice where to give merit or where to post. It's pointless to argue about it. What you came here for is unknown to all but you. But I don't think the discussion in this thread is worthless at all, and there's no reason to think so. Because, the problem of 5 years ago and the current problem are not the same, the solution of 5 years ago and the current solution are not the same. Newbies have new questions, the answers to those questions will not be the same as they were 5 years ago. Everything changes with time. So, 20 good quality posts on page 1 may be enough to learn about DCA methodology, but not enough to answer topical questions.

I knew this was going to happen someday, some people are receiving a lot of merit from this thread which is probably due to the quality of post they make here, the forum can be related to our real life activities where everyone have their own personal interests of things they engage in, so it is in the forum here. This is a forum where everyone can discuss and share ideas and if some ideas are not worthy enough it doesn’t mean they are invalid, a lot of people are learning every day from this thread and going through this thread you will notice only post JJG finds worthy enough receives merit regardless of their rank and it shouldn’t be mistaken for merit farming.

JJG’s consistent effort of sending merit to quality posts have helped to keep this thread active and alive and have encouraged quite a lot of members to improve their post quality. Investment is a continuous process as long as bitcoin is in existence and every day people will keep asking questions and new developments can also be made in which 20 quality posts will not be enough to clarify.

Quote from: Stablexcoin on Today at 09:29:51 AM

Quote from: JayJuanGee on July 27, 2024, 07:57:04 AM

~Snip~

I think this is where we are before shifting from the point. There is no perfect time to take profits from your Bitcoin investment I think it's a personal decision but an investor holding for 8 years can take his investment as long the purpose is to do something useful with the process. What I have kept in mind is that there are people who invest to maximize profits while some invest to maximize the volume of Bitcoin they have. People who maximize profits when they reach a target are more propelled to sell than investors who want to see their Bitcoin holdings grow more and more.

The safer way is that if an investor has less Bitcoin in his portfolio, he/she should probably hold. Selling quickly should be the last thing that cross his mind, while an investor who owns more Bitcoin at least more than 1 BTC, he can choose to sell little based on the situation or the reason for taking profits. However, it all falls down to your investment goals as the genuine reason for taking profit.

Taking profits is really a personal decision, you said there is no perfect time to take profits i don’t intend to argue it but profit can not be taken when the market is down or unstable, when there is a downward trend i don’t think an investor can think of taking profit.
Maximizing your bitcoin will equally maximize your returns when everything goes well but for those who are not so concerned about their profits they are also more likely to suffer more loss when an unexpected downturn occurs so in as much as accumulation is important taking profits is also important as well to give purpose to your investment.