Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
arwin100
on 25/12/2024, 23:12:03 UTC
In my own perspective, I think that the ideal time you feels like you have accumulated enough Bitcoin is up too you as an individual, though as humans we always want more, but in life we will definitely get to that level where within us, we can admit that if we stop now, we can as well be ok with what we have, so till we get to that point, I don't see any reason to stop accumulating Bitcoin when it's still very cheap as now.
Lastly, we all know that the stash of Bitcoin in your possession determine how wealthy and profitable you might become in the future, so till you get to that point of satisfaction, you wouldn't even see any reason to stop accumulating Bitcoin, because you aren't satisfy with your current stash of Bitcoin in your possession.

If I may ask how much Bitcoin do you think one will have and said it is okay for me perhaps let me stop? And why will they stop when they have all it takes to keep the investment running smoothly?. Then again I feel the only people that will think of stopping their investment because they feel they have accumulated enough are people who are struggling to accumulate it because if you are accumulating Bitcoin with little or no stress definitely you wouldn't want to stop no matter the amount you have I mean it is just like saying I'm tired of doing business that will give you a good return in the future looking at it potential. However, I wouldn't want to say for everyone but me personally I can't stop accumulating no matter the amount of Bitcoin I'm holding provided it is not stressing me.
Well it is quite wrong to think that it is those that are struggling to accumulate bitcoin that will feel that they have accumulated enough. All investors have there investment timeline as regards the numbers of years  they  intend to hold there bitcoin either 5-10yrs or more depending on investment timeline which they can decide to be withdrawing profit from there investment after reaching the anticipated timeline. Also an investor can stop his bitcoin accumulation journey owing to health issues and also age can  be a constrain why an investor can feels that he has accumulated enough bitcoin. So it is not financial constrain that can make an investor's to feels he has accumulated enough bitcoin. sickness, age, investments timeline and others factors etc
[/quote]

I guess there's no situation like that will occur especially if the investor knows that they need to accumulate more Bitcoins on the timeline they set for their investment. Also I don't get it on why there's feeling that they accumulated enough thing since that only limits their possible profit if they stop at certain point and stop accumulating. Usually people talk about hodling for 5 - 10 year so in that span people should accumulate as many as they can so that by the time they hit those target years, we also get satisfied with the result since bigger volume accumulated means bigger the profits we could able to get.

That's why its important for people to be prepared financially so that they won't get bothered by their responsibilities. This is been discussed for many times here so hopefully people would know how to balance everything so that they can make their investment succeed and there's no other negative situation that can make them decide dump and throw away all the efforts they do, since this is a waste of opportunity for people who already have a good start with their accumulation activities.