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.
Let’s not get the whole concept wrong except for those viewing bitcoin from a different angle which involves trade, taking out profit involves a different strategy also not all investors can withdraw when they’ve not gotten a good portion except they want to trade with the market which seems wrong for everyone not just newbies, lose will definitely stand as the end result for anyone with such mindset. An investor can hold beyond and it still don’t depend all on the market price neither accumulating strategy but consistent buying can guarantee an investor a good portfolio for long run also if there’s a stable cash flow investing becomes easy with the necessary management, when to buy should not stand as a problem because bitcoin can be accumulated at any given point and still yield profit due to the volatility.
It can be said that those who accumulate Bitcoin hodl Bitcoin for 4-10 and more will earn more profit than those who actually trade Bitcoin, it shouldn't be in conclusion that those who trade Bitcoin will definitely sell at lost no
But the strength is when will accumulate and hodl for 4-10 and more those that trade Bitcoin do make profit too but not much compare to investors who hodl for long.
Though people can choose to do what they want to do but is better an investor focus on accumulating enough Bitcoin and not selling which will definitely take longer time like 4-10 years or more before accumulating such quantity of Bitcoin.