Investors who are not too old of age can bliss on partial withdrawal and decide to reinvest percentage of their portfolio back into Bitcoin, practically for those who started by DCA approach this should help strengthen their portfolio.
If you know that you are still in a stage of accumulating bitcoin, I would be cautious with any approaches that sell BTC with expectations of buying back lower, since those kinds of strategies might lead you to employing too much waiting to buy BTC and not enough actual buying of BTC. One of the most assured ways of continuing to grow your quantity of BTC is by continuing to buy it.
It totally depends on what price he sells his BTC. Something that is moving up is always going down, too.
There are plenty of examples of guys selling too much of their bitcoin too soon and then becoming bitter farts because they were of the believe that they were selling at or near the top and they were not.
If you are going to try the same thing, then you seem to be gambling and/or trading rather than investing, and yeah, sure it might work out for you, but it also might contribute towards you both having fewer bitcoin than you otherwise would have had and/or ending up with higher costs per BTC rather than having success in your gamble to lower your costs per BTC.
Another thing is that if you sell too much too soon, and if you are still in a BTC accumulation stage of your journey, then you likely put yourself into a practice of waiting rather than a more proactive practice of buying and/or at least holding through periods that you might consider to be BTC high price points.
Surely your personal situation might be different, especially since you have been registered on the forum for nearly 9 years, and if you have accumulated a considerable BTC holdings then you might be more free to sell some BTC at various points along the way and potentially buy back cheaper, and perhaps you are going to proclaim that there have been various points in bitcoin's history that you have been able to sell a certain amount of BTC and to buy back cheaper.. and are you really in a better place because of those various sales that you had made rather than if you had just concentrated on accumulating bitcoin in your first 1 or 2 cycles?
So for example if in the last 9 years you would have had been buying bitcoin at about
$100 per week, you would have invested right around $47k and you would have nearly 19 BTC. Are you saying that whatever you have been doing in regards to fucking around with selling BTC on the way up and buying BTC on the way down (presumptively prior to reaching your BTC accumulation goals) has contributed to your having better BTC performance in regards to both how much BTC you accumulated and/or how much you paid for those BTC rather than a more strict approach to DCA buying and holding approach to bitcoin?
With 19 BTC, even at western living standards you would be coming very close to getting to entry level fuck you status (with a
$1,180,000 spot price valuation and a $754k 200-WMA valuation), and I have to update
my fuck you status chart since I think that with my current way of assessing bitcoin values using the 200-WMA and allowing for a 10% withdrawal rate in terms of dollar value of the 200-WMA valuation, it seems that you may well be at entry-level fuck you status by early 2025, even if you were to already start to withdraw at that 10% rate or some lower level that would allow your bitcoin holdings to continue to grow in value (again using the 200-WMA).
It's kinda stupid when someone sells his BTC at a low price. Then hopes to buy it back at a lower price.
A smart trader'd be shorting with very low lev while waiting for the price of btc to dipping. And wait for a good price to entry.
How has that been working for you in the past 9 years? Have you been able to beat the DCA approach that I suggest could have had gotten you close to 19 BTC with $47k invested? Are you doing better than that? Do you think whatever you are describing would consistently be able to beat the DCA approach especially for regular normie folks? You know that an overwhelming majority of normies, perhaps in the ball park of 95% plus are not really going to be very good at trying to trade, and even folks who trade and are good at it, I wonder how many of them could have had beaten a more strict DCA approach over a couple of cycles, 9-ish years or more?
If you have beaten a more strict DCA approach, then I applaud you, yet I have a lot of difficulties believing that there are very many replicable approaches that are even close to as easy as a more strict DCA approach to accumulating BTC... and an approach to BTC that does not involve any fucking around with trying to trade it or to sell any of it.. which we frequently refer to as HODLing through the high price periods and otherwise just ongoingly buying BTC.. until you get to a BTC accumulation amount that is either enough or more than enough. NOT that I am saying that 19 BTC is enough or more than enough, even though it would not have had been bad for a person who had started with a $100 per week budget 9 years ago. And, surely a person with a 9 year budget of $100 per week may well might have had been able to increase his weekly BTC investment amount with the passage of time too.. or maybe he started with some amount that was less than $100 per week and he worked his way up to $100 per week or higher amounts of weekly investment into bitcoin with the passage or time, presuming that he might be able to increase his disposable income during the time that he is investing into bitcoin.
To me, it seems like it is going to be difficult for you to persuade me that trading is better than strictly buying, and even if you are able to show it in your case, it is going to be difficult to show how you really are going to make your approach to be applicable to others, if it were to be more profitable than a more strict DCA buying approach to accumulating BTC.
Not only newbie, but what I want to let you know is that theirs some people whose investment in bitcoin is long-term investment and theirs some investment is short-term investment, so probably those ones their aim is short-term investment do concentrate on profit of that moment, they don't think of the future market of Bitcoin determination, what I really wants us to understand is that bitcoin investment is directly meant or invest due to your obligations towards the investment, the thing is that anyone who have in mind to accumulate bitcoin will allow it to last or stay for period of some years.
I respect all types of investors, but at this point I think it is better not to be a short-term investor, but rather to be a market speculator and trade on the rise or fall of BTC, with the idea of getting something out of the market, for me an investor has to go long term, something similar to how investments are made in the stock market, which is long term, but that long term is 8-10 years, in BTC it is calculated that it is every 4 years that a good advance and bullish trend occurs, although it is not necessary, many wait for this cycle of every 4 years to see if the movement occurs.
We should wait for at least two halvings to invest in Bitcoin, so if one invests in DCA method, his investment will definitely be bigger. And if someone else wants to invest more, he can certainly make his investment bigger by staying longer, so using the DCA method at any stage is possible to get the most success.
I've been following the DCA method in Bitcoin for about three months, based on my long-term thinking. Because I am very happy with the current period and my investment has accumulated enough money, so I will keep my investment long-term until it halves. Because until my bitcoin price target is 150k plus I will accumulate investment in bitcoin by DCA method.
You seem to have the right idea As-Soon-As, yet how are you really going to know after a few months DCA buying of BTC? Like you said, it tends to take years and years for the DCA approach to really start to show how there have had been advantages in terms of ongoingly, persistently and consistently employing it. Also I am not sure about if it would be a good idea to slow down in your BTC accumulation through DCA merely if the BTC price were to go to $150k and above.
One of the things with the DCA approach is that you only have your income (and your discretionary income) to be able to buy BTC as your income comes in, so you have to buy BTC as your income comes in, yet if you start to choose not to buy BTC, then what are you going to do? Are you going to set the money aside and prepare to buy on dips? or to resume DCA at some point after BTC price dips, in the event that it dips? I am not sure you would be completely wrong with the employment of such a strategy, and surely if you already recognize and appreciate that you likely need to be continuing to accumulate bitcoin for a couple of cycles then you might at least have the right mindset even if it might be questionable whether it would be a good idea to slow down in your BTC accumulation merely because the BTC price goes above some price point (such as $150k) that you currently consider to be a high price.