Bare with me as I will be editing the quote from a mobile device
I doubt that any of the folks investing into bitcoin are talking about selling bitcoin as a way to accumulate bitcoin, as you seem to be implying to be a way to deal with our BTC stash and implying that profit taking is a short-to-medium term motive.
In other words, you seem to be saying some misleading kinds of things to be elevating profit taking ideas in the mixed of your implications of BTC portfolio management.
Well,maybe that’s how you view it but I was just trying to reply to this quote from muba20
“ The goal of every investor is to make profit, but if someone misses a big opportunity in the hope of a small profit, he will regret it later.”
Okay that’s the quote and this was what I meant..
So me replying “ For anyone starting out with Bitcoin investment what really matters is accumulating as much as possible before the next cycles , anything pertaining taking profit should be disregarded... “
is just relating the Statement from Muba20 as an investor starting out is investment journey but thinking about taking profit by selling his coins because he already made some little profit the short time he started his investment journey..and me addding “next cycles” doesn’t mean I’m saying an investor can start taking profit in just a single cyle or even two ( maybe I shouldn’t have added that anyways as most people visiting the thred might just be starting out”
I added
“ investing in Bitcoin should be taken for long term so even after reaching a status of having enough stashed up already to start taking profit, investor shouldn't just sell his whole holdings at once.”
Here what I’m simply trying to emphasize on is just trying to discourage every form of selling all holdings even when an investor has made enough to start taking profit ,from the quote of Muba20
“ but if someone misses a big opportunity in the hope of a small profit, he will regret it later.” — which is actually pointing to investor selling all their holdings for a little profit just as I’ve said earlier
and just like I said maybe I shouldn’t have added it
, I was so lazy to qute it word for word because I’m on mobile then aswell.
I doubt that you are presenting this idea very well, especially since you seem to be suggesting that we should be trying to play BTC price waves with parts of our BTC stash, which is difficult to be suggesting to be practical for anyone with less than a whole cycle accumulating bitcoin absent some special circumstances, even with your own timeline, going by your registration date, you are ONLY about a year and a half into bitcoin, and so you are suggesting that you have reached some kind of an overaccumulation status in such a short period of time, and you are suggesting that other similarly situated guys might be in a similar place? I have my doubts that even your plan is a good one, absent a lot of front loading of your investment into bitcoin, and even then, you are not even characterizing your own situation in such a way, but instead seeming to overly weigh the practicality and the ability of guys to be trying to play anticipated BTC price waves without making sure that they have clearly and unambiguously reached long term (rather than some temporary perception) of actual overaccumualtion.
Well here I had to include my post aswell…
Like I said maybe I shouldn’t have mentioned anything about taking profit but I already did anyways
So here I’m only insinuating about even when an investor has reached a stage of already having a lot stashed to start taking profit after a long term of accumulation ,from
My quote
and the reason I’m always checking the thread from time to time
[still adding more posts…]
I doubt that any of the folks investing into bitcoin are talking about selling bitcoin as a way to accumulate bitcoin, as you seem to be implying to be a way to deal with our BTC stash and implying that profit taking is a short-to-medium term motive.
In other words, you seem to be saying some misleading kinds of things to be elevating profit taking ideas in the mixed of your implications of BTC portfolio management.
“ The goal of every investor is to make profit, but if someone misses a big opportunity in the hope of a small profit, he will regret it later.”
Okay that’s the quote and this was what I meant..
So me replying “ For anyone starting out with Bitcoin investment what really matters is accumulating as much as possible before the next cycles , anything pertaining taking profit should be disregarded... “
is just relating the Statement from Muba20 as an investor starting out is investment journey but thinking about taking profit by selling his coins because he already made some little profit the short time he started his investment journey..and me addding “next cycles” doesn’t mean I’m saying an investor can start taking profit in just a single cyle or even two ( maybe I shouldn’t have added that anyways as most people visiting the thred might just be starting out”
I added
“ investing in Bitcoin should be taken for long term so even after reaching a status of having enough stashed up already to start taking profit, investor shouldn't just sell his whole holdings at once.”
Here what I’m simply trying to emphasize on is just trying to discourage every form of selling all holdings even when an investor has made enough to start taking profit ,from the quote of Muba20
“ but if someone misses a big opportunity in the hope of a small profit, he will regret it later.” — which is actually pointing to investor selling all their holdings for a little profit just as I’ve said earlier
and just like I said maybe I shouldn’t have added it
, I was so lazy to qute it word for word because I’m on mobile then aswell.The supply of Bitcoin keeps reducing over time and if everything is in place then the price should still go high due to scarcity( although other factors still majorly influence the price) so selling all holdings at once will be dumb...for an investor to stay in the game while he takes profit , he just need to sell small fractions out of his holding as regarding to how big his accumulation has become over time .
I doubt that you are presenting this idea very well, especially since you seem to be suggesting that we should be trying to play BTC price waves with parts of our BTC stash, which is difficult to be suggesting to be practical for anyone with less than a whole cycle accumulating bitcoin absent some special circumstances, even with your own timeline, going by your registration date, you are ONLY about a year and a half into bitcoin, and so you are suggesting that you have reached some kind of an overaccumulation status in such a short period of time, and you are suggesting that other similarly situated guys might be in a similar place? I have my doubts that even your plan is a good one, absent a lot of front loading of your investment into bitcoin, and even then, you are not even characterizing your own situation in such a way, but instead seeming to overly weigh the practicality and the ability of guys to be trying to play anticipated BTC price waves without making sure that they have clearly and unambiguously reached long term (rather than some temporary perception) of actual overaccumualtion.
Like I said maybe I shouldn’t have mentioned anything about taking profit but I already did anyways
So here I’m only insinuating about even when an investor has reached a stage of already having a lot stashed to start taking profit after a long term of accumulation ,from
My quote
Quote
investing in Bitcoin should be taken for long term so even after reaching a status of having enough stashed up already to start taking profit, investor shouldn't just sell his whole holdings at once.
, not me , not even thinking of any form of taking profits soon I still have a long way to go in my accumulation journey.. I only started accumulating after joining the thread as a member then and the reason I’m always checking the thread from time to time[still adding more posts…]