People should not be discussing profits and loss when they are still in the accumulations state, the reason why it is always good to focus more on your accumulation journey other than thinking about how much of the profits or losses you are, anyone who is still in the accumulations process focus more on how to maximize various opportunities of increasing his or her Bitcoin holding other than prioritizing whether he or she is in profits or not, but yeah if proper planning is made no one will be thinking of selling even when in losses, the reason why it is always advise to focus more on how to have a good size of Bitcoin and hold for as long as 4 to 10 years or more before ever considering selling or not.
Your right here. It is a good approach focusing on accumulating a good amount of Bitcoin first before thinking about profits and loss can be very beneficial to an investor who is in for the long term. It is of great importance to resist the urge of checking prices regularly like we are obsessed. It will reduce emotional decision making and increases the chances for a successful investment.
Pirce fluctuations are a normal part of Bitcoin by staying committed to our goals and target and positioning long term plans then a potential profit will be waiting for us.