Quote from: DubemIfedigbo001 on Today at 05:54:21 PM

Quote from: OfficialGratejoy on Today at 05:28:27 PM

Quote from: DubemIfedigbo001 on Today at 05:21:58 PM

Quote from: OfficialGratejoy on Today at 04:48:56 PM

It's not just all about buying bitcoins and accumulating them,also know when to sell,Because too much accumulation,will not end well for you and you might as well miss out the opportunity of bull market.
How can you achieve this,it's very simple all you have to do is to stay informed on the market trends.

You are just a misinformed trader. You can say whatever you want, but I advise you to at least DYOR before saying accumulating much BTC and not selling in the nearest bull market does not end well. There are people who accumulated bitcoin in 2018 when the price was slightly above $3k and continued accumulating then without selling, what do you say about them?

Their investment of 2018 alone has met a whooping 33x as at $105k, which other business would they do and it would give them such gains? would you convince me that such a person who has not sold since then that his investment is not ending well for them now even if their holding target was 7 years and they decide to sell now? of course even if such persons decides to hold longer and has a target of 10 - 20 years, then he has more profits to enjoy and whenever his holding period ends, his investment ended very well for him.

Perhaps you lack information about the profitability of bitcoin investment and the compounding effect bitcoin price appreciation has on holding for a longer period as compared to succumbing to short-term gains as you are describing.

please tell me why were are accumulating bitcoin? If not for buy and hold for the bull market to take place then we sell.

This is what you would have done in the first place, seek knowledge on the subject as a newbie and not making wrong proclamations.

Engagement in bitcoin is of two types, Trading and Investing

accumulating bitcoin and waiting for the nearest bull run to sell for short-term profits is mere trading.

Investment into bitcoin is about you as an investor having an accumulation target you wish to reach, then using available discretionary income(income remaining after your expenses must have been attended, or cold cash) to invest into bitcoin continually using an accumulation strategy (DCA or lump sum, but not just waiting for the dip as a newbie) to continue accumulating bitcoin for a long term 4 - 10 years or more which is called your holding period before you can either choose to sell off, or continue holding for a longer period of time in order to increase your chances of more profitability on your investment.

You invest into bitcoin to secure your financial future and to hedge against inflation, and if you continue to mess around with trading/gambling with bitcoin as you are insinuating, you might end up messing yourself up and end up with less bitcoin or none as the case may be, and you may end up regretting the fact that you were gambling with bitcoin at a time you should be investing into it

thank you very much I really appreciate you for putting me through.