You are misquoting JJG because he never called 4-10 years bitcoin investment trading but he said that any investment that is not up to a circle is trading, and bitcoin complete circle is 4 years. If you read through this thread, you will see that the timeline that is always used to encourage anyone that is into bitcoin accumulation should do it for 4-10 years and above..that's your choice and no compulsory but at least invest and hodli for more than one circle if you are still young.


I beg your pardon investing in bitcoin today and grow your bitcoin investment to your bitcoin target and hodli till 2090 is not trading because you didn't sell a dime before 4 years timeline, neither did you sell to buy back before 2090. It is called a long-term investment.

I would suggest for clarity that you cannot really short term invest into bitcoin unless it is 4-10 years, then that might be considered short-term, but it is short term because you might be considering that you have age or health issues or some other issues that does not allow you to tie up your money for so long, so you are going to start to need to withdraw from it within a shorter timeline like 4-10 years.

Long term investing would be 10 years or longer.

I think less than 4 years in bitcoin is trading rather than investing, and you are likely causing confusion when you are referring to it as investing.

Sure you can do what you like, and you may well have intentions to continue to build up your bitcoin investment by selling and trying to buy back cheaper, and you can call that investing, even though it would be more accurately called trading, even if you might be creating some kind of a separate fund that you are trying to build up for 4-10 years or longer in the future, so you might figure that you can identify BTC's price waves and then to sell and to buy back later and then you end up with more BTC. 

I am not sure how you are going to call that investing without causing confusion.. with guys who even recognize that they likely are going to end up with longer than 4- year time horizons where they are just ongoingly building their BTC and then they also likely realize that could take them to 10 years or more.. and then maybe you also want to be able to cash out your bitcoin 4-10 years or later, but in the meantime, you believe that you can play the wave, but that is still trading, and surely you are free to do what you want.. but still is confusing to call it investing.



Sure traders are going to call their trading investing because they think that 2- 3 years or even 4 years is a long time to hold a position, but if they are just trying to play the wave, that is not really investing, even though they call it investing.  We likely are not going to stop people from referring to their trading as investing, and even smart people are going to do it, but it still is confusing and misleading to try to suggest that you really can be investing in bitcoin on timelines that are less than 4 years....and a lot of the reason that it is misleading is based on the nature of bitcoin as an asset.

There surely can be folks who get into bitcoin and they even intend to stay for 4-10 years or longer, so they come into bitcoin with an investing mindset, and they can choose to abandon their investment and to sell some or all of their BTC, and maybe that was not their original intention...so they came in with an investing mindset and an investing intention, but when they sold they became a trader, and even moreso if they are expecting to buy back at lower prices.  If their intention is ONLY to spend it and to buy a house, then they switched their investment from bitcoin to residential property, so it could be more difficult to label them as a trader since they would not be planning to buy back BTC, but their playing the price wave may well have converted them into a trader rather than an investor.

Another thing could be that you sell half of your BTC position in less than a 4 year timeline rather than all of your BTC position, and then it becomes more difficult to figure out what your activities are since they are kind of mixed, but may also depend on your intention, and if you are selling to buy back at lower prices, that seems like a trader rather than an investor to me.  And if you want to call yourself an investor, then sure we can just agree to disagree.. and sometimes it might not matter, even though it could cause confusion about what it is you are doing and then another question about whether it is a good idea to do what you are doing, even though in the end you are the one who is responsible for what you do, but then if you talk about what you are doing in a thread like this, then there will be likelihood for discussion, especially if guys disagree or you are going against some of the ways things are talked about.



I doubt that I have ever (especially recently) referred to short-term investing as less than 4 years... I consider less than 4 years to be trading, even though surely I have seen guys describing what they are doing as short-term investing and even proclaiming that they were going to try to play BTC's price wave.  I think that I frequently referred to that as trading rather than investing, even if they were planning to do it on a longer timeline.  I think it is problematic for anyone to be selling BTC and expecting to buy back cheaper, and if they do it they would try to figure out some reasonable size that likely would be less than half of their stash based on some special circumstances that they have determined to be to their advantage.



You can play the wave, and hope you get lucky... so yeah, there are some guys who cannot invest. and they are playing the wave of less than 4 years and hoping things work out for them, and yes in your case if you have an average cost that might be $30k-ish or something like that, then you can take your profits, and you can choose whether to trim off some portion or to sell all of it... and you can figure out what you need and what you don't need.

It seems a bit problematic that you would put all of your money you needed into bitcoin and you were gambling on price appreciation before you needed the money, or more likely you are describing the difference between need and wants in different ways, since clearly you don't need the money  if you are selling it in order to buy back at $30k (which is almost certainly not going to happen).



There could be circumstances to have 4-10 year (short term investment into BTC).  I would suggest less than 4 years is trading not investing, even though sure you could invest $10k into bitcoin at $30k with an expectation that you would cash out when it was worth $30k at $90k, but you are not cashing out, you are wanting to buy back...so that sounds like trading rather than investing.


We are repeating.. but if you are selling bitcoin with an expectation of buying back cheaper, then you are trading, even if you believe that you don't know how to trade.

In the end, I am not any kind of an expert including that you might want to call things different names than me, so we could be arguing about semantics, and maybe it does not matter so much if we are arguing about what to call things, but instead we can maybe figure out some BTC accumulation strategies or cash management strategies, but in the end, I am just a regular guy with my various experiences and opinions about bitcoin and cash management ideas.. and we might not agree about some of the details or how to apply the ideas into practice, which means that each of us has to account for our own financial and psychological circumstances to figure out what we are going to do..and sometimes  we make mistakes along the way in order to figure out what to do  or what might be better, and some of the mistakes will take us out or the game and other mistakes end up being more minor mistakes.. but we all make them along the way at various times..