Quote from: shanhaigamefi on July 29, 2024, 07:42:25 AM

In reality, such an approach benefits the large Bitcoin holders the most, and it can be quite unfriendly to smaller Bitcoin holders.

If you aren't greedy and invest in accordance with you risk tolerance level, you shouldn't be selling until you have reach the end of your investments duration. If you planned to hodl Bitcoin until it reaches $100k and it does that then you can sell. Nobody has the right to tell you when to sell or not to sell. The ideal begin not selling is to encourage people to keep hodling and not being weaklings that sells when they see any pressure on the market. If we keep selling we won't be able to benefit from when Bitcoin prices increase so we are always advised to hodl and not sell unless there are life and dead problems.

Quote from: WillyAp on July 29, 2024, 02:31:21 PM

once you need FIAT you exchange what you need.
In Business you need places where to store value.
Money has to work in order to produce more money and sustain your lifestyle.

My philosophical is that I can't be hungry and I have an investment that can be sold to attend to my hunger and I wouldn't do it just because I'm holding. We forgot too soon that once you're dead, there's no coming back from that and your assets and everything you worked for can be misuse and your heirs loses everything through mismanagement or ignorance. If you need fiats, don't go borrowing and giving yourself unnecessary debts but sell and solve your problems that are needs and not wants. Wants can wait for the profits from your investments to afford them.