Most time those that wait instead of accumulating are those that have already gotten their fuck you status or have gotten to their accumulation, but I believe that most of them still purchase some portion of bitcoin but not as aggressive they were back then . And yeah if you can hold bitcoin for long you have already reduced the chances of you selling I loss , asking you keep purchasing, and keep taken the dip to your advantages.
People who are still able to hold the Bitcoin they have bought before and continue to buy at this time even though they are not so aggressive are people who have felt good profits through Bitcoin so that they are still enthusiastic about continuing to buy Bitcoin on any exchange without any hesitation to experience losses. Because people who already like and believe in Bitcoin will continue to do things like that at all times even though the conditions are sometimes different, but they still will not doubt the potential of Bitcoin.
It is possible and an encouraging factor when your investment starts turning profitable, especially in bitcoin, but I kind of don't totally buy into your analogy because if it is only by seeing profits in your investments that motivates you, then what happens when there is a price correction or what happens after the bull run when the price of bitcoin starts retracing backwards? In such scenario the motivation of the investor is lost and he might stop accumulating or worse still sell off out of lack of motivation. Such investor has drawn his motivation from the wrong course, instead you should have an accumulation target at heart and draw your motivation from the fact that you are following your plan with commitment and nearing your target as the days goes by and also draw your motivation from the fact that you are securing your financial future and not just what is happening presently. Any investor should not let short-term distractions harm him/her long-term benefits.
Whether or not you share the reasons for your goal or the date with anyone else may well be a personal choice, since some people feel that they need external accountability or external validation of their various goals, yet other people might feel that they are able to keep themselves sufficiently accountable and even validated through their own internal dialogue and their own quest to stick with the goals that they had already set for themselves.
When it comes to finances and especially bitcoin, I love to always remain anonymous with my progress for so many personal and security concerns, I take my security as a very serious concern and having an accountability partner who knows exactly my bitcoin financial mark is a possible security breach for me since A third party is involved and he might unknowingly or knowingly reveal my confidential information to a frenemy(Enemy in Friend clothing) and I might be in danger without even knowing. So I welcome accountability partners in every other walk of life, but on my finances, it is a big negative from me. I rather stay private on that.
Sometimes we might also come to realize that either our higher level goal is unrealistic or that we really do not want to achieve that higher level goal, since maybe we become more enlightened or even learn more about ourselves during the several years that we may well have had spent pursuing that higher level goal, and whether we merely tweak the higher level goal to become some variation of the earlier goal or perhaps we end up completely abandoning the higher-level goal and we end up creating a completely different higher level goal, we still likely learn more about ourselves by going through such process, even if there may be some sense that we are having to start over again or go down a path that is slightly different than what we had speculated it to be at an earlier date.
Rightly said, the more we live on earth, the more we know ourselves better and amend our plans/targets in life. But I think that it is better to have a very big picture in mind and set milestones and realistic ones for that matter to achieve that big goal, we can amend it as we become more aware of ourselves but not deviating from it. for example, if I have in mind to achieve accumulation of 10 BTC, I can start with targeting accumulating 0.5BTC for a start and set a timeline for it. Currently I might only have $500 monthly as discretionary income currently and invest $100 weekly through DCA and have a target of investing $5k into bitcoin this year, maybe by the next year I get a better hustle and my discretionary income increase to $1,500 then, I can upgrade my investment to $1,200 still with the same ratio of 4:5, and that goes on as my income increases, As soon as I hit that target, I would set a new target for 1BTC and follow suit. another good thing is that I have changed my plans and increased the allocation of my discretionary income to my investments, but I did not deviate from the original plan of which to achieve it which is that I would be investing with the ratio of 4:5. Now keeping this ratio constant would help me build the mindset that if I need more spare funds after my investments for fun activities, I must find ways to increase my discretionary income in such a way that after the percentage for investment is gone into investment, I would still have more funds left and not reducing my investment ratio. I feel such strictness in financial involvements is important in order to increase commitment to our investments.
Higher level goals are very good, now I might not even reach my big target which is 10BTC, but I would keep reaching my little milestones and marking many life successes which I would be proud of an investor on a long run.