Quote from: Proty on Today at 06:18:10 PM

Quote from: Stablexcoin on Today at 12:57:30 PM

Quote from: JayJuanGee on Today at 03:57:26 AM

if we have reached the conclusion that we believe that we have accumulated enough BTC, there can be dilemmas in regards to how to manage our holdings or how we might decide to carry out any kind of plan to start withdrawing bitcoin and if there might be price based withdrawals and/or time based withdrawals, and surely we still might have cashflow coming in from other sources, yet we also might be inclined to pull the fuck you lever, which is a way to move onto not having to work anymore, yet at that point,

Bitcoin is a different kind of asset compared to other traditional money and asset in the stock exchange where we can easily withdraw our profits whenever we feel like. Because of the volatility nature of Bitcoin its a difficult to know when the right time to hold or sell. From my study the price can go up a lot in value, but it can quickly drop down, So, the dilemma is; Do we wish to hold onto our Bitcoin with the hope that it will rise in value or do we to sell some of it when we see some gains, especially when the market looks very shaky in the eyes. Since holding simply means we can get more in the future, but can also risk losing some profits if the price falls.

The main challenge here is balancing between taking advantage of Bitcoin’s potential for growth while managing the risk of price drops and figuring out when is the right time to cash out or make moves without getting hurt by market swings. This is where the long term benefits comes over the short term quick gains. I can say for an investor who has invested up to 10 to 15 years he can take some little profits if he has things that are important to do. He can completely cash out if he is satisfied with the investment growth and profit and perhaps chooses to shift into other opportunities.

This statement sounds misleading morespecially to newbie because it will be unreasonable to invest in bitcoin with the mindset that you can withdraw your profit whenever you feels like , bitcoin investment is best appreciated when view in terms of longer term.unless those that are fucking around with trading and bitcoin is unlike gambling or shitcoin were you can gamble in or out with the plans of making quick profit.
There is no time that is not right to hold bitcoin and also it depends on our accumulation plans as new investor who are still in there early stage of bitcoin accumulation should focus more on acquiring more bitcoin and hold for 8-10 yrs or longer.