All what you were saying makes perfect sense when talking about Bitcoin investment, but you later spoilt it with the last statement, I mean the bold words in your write up.
I actually can't get it if it's a mistake or you are certain of what you are saying, what if you invest now and in no distance time it gets you into a profitable scenario, are you trying to say that you will sell?
Because according to your statement, you said that we need to hold for a long time until we are in a profit, which in my own opinion, it doesn't matter at all because the goal is to hold for a very long period of time, so even if we are already in a profit, it would be stupid to sell now because it's just for minimal gains that wouldn't have any significant changes on our finance forever, so it's best to hold for a very long time regardless of if you are in a profit or not, because building a generational wealth true it is the goal not for minimal gains.
Your argument is really meaningless here, you already saw where he said hold for a very long time until you see profit. He didn't say sell in a short time when you see little profit, or did he say that? There is a higher probability that when you hold your bitcoin for a long time you are likely going to see profit. So don't try and contradict yourself here okay. The profit you will see in a short time can't be compared with the profit that you will see in a long time. So when he said hold for a long time, he did not in any way advise you to sell as soon as you see little profit in a short time. His sentences where well structured and easy to understand. So I don't know why you are getting yourself confused.
I do not support focusing on profit in long-term investment. You should keep managing your investment based on your goal, this is the best goal. But if you keep calculating the amount of profit while focusing on profit, you may be tempted to sell the holding. Entering into an additional portfolio in long-term investment can become an obstacle to your long-term investment.
Humans are greedy. If you keep prolonging your investment depending on profit, then it may be a bit difficult to make your investment long-term. I do not know exactly how you are defining this goal, but I can say that such a goal may not be positive for long-term investment. For me, holding an investment for a long time depending on profit is absolutely impossible. Because when the goal is profit, I will keep monitoring my portfolio frequently. As a human being, it is normal to be tempted by a small profit and such a goal is enough to sell my investment at a small profit. My advice would be to leave your wallet in a safe place and ignore it while investing. You can set a specific time or amount as your goal. Try to stay away from your wallet until you reach your goal, use it only when buying and ignore it the rest of the time.
Exactly that's another reason why Dex wallet is the best to hold your coin, apart from your coin is more safer in Dex wallet , in Dex wallet you can also hold your coin without been tempted easily to sell your holdings. For instance you are holding on an cex wallet and due to the market recent upward movement, and you're in a good profits, and you know you can easily sell your token or holdings in cex account without any stress just by typing the amount and price you wanna sell at and punch the s button.
But when ya holding in Dex wallet you can't easily sell you will have to first send to an cex wallet first which is a bit stressful and you may endup paying fee. So when you're holding in Dex wallet you can easily focus on accumulating more without been bothered with market prices , so you can't be easily tempted especially those that are still new in bitcoin investment and haven't fully understand the system.
Because I was once like that any time am holding iny exchanges due to fee , because some times I usually gather in cex wallet first before sending to Dex just save feed. so I'm easily tempted then mostly when market is all green , but due to that i don't wanna slow down my bitcoin investment , I could easily stop my self from selling. But now I don't even bother with those stuff I just focus on building my bitcoin Stashes.