I agree with you that the real Bitcoin lovers are those who have knowledge about the nature and bright future of Bitcoin. So they do not want to waste it by trading. They spend whatever time they get in other professions and try to hold more Bitcoin with the money earned from there.
Those who sell when they make a small profit are not investors, they are short-term traders. If you want to invest in Bitcoin, you must have such a mentality that my invested money will last for a few years or centuries and I will survive here until the end. Basically, Bitcoin is for those who are patient, not for those who are in a hurry.
Bitcoin lovers certainly know the future potential contained in bitcoin. Because of course they did an analysis of Bitcoin and they definitely found something that showed Bitcoin's great potential. However, in my personal opinion, it is not correct to say that only an investor can be called a Bitcoin lover. Because even a trader, I think they also really like bitcoin. That's why they choose to trade bitcoin and not altcoins. So in this case, in my opinion, don't corner traders too much on bitcoin. Because after all, with bitcoin traders, the bitcoin market becomes more lively.
Therefore, even though I am a bitcoin investor, I have the assumption that people who trade bitcoin are not wrong. It's just that they won't get the maximum results that an investor would get. Additionally, regarding what you said about investing in Bitcoin for ages, I think it sounds a bit unrealistic. Because investment is aimed at various things, but certainly for the future to be better. But if you say it for centuries, I don't think it makes sense. Because we don't necessarily live a century. So the realistic investment time in bitcoin, is 10-15 years for people over 40 years. And 15-20 years for people in their 30s.
Bitcoin traders are wrong because they are placing extra risk onto an otherwise good investment. If for some reason they cannot control their temptation to trade, then maybe they should limit their trading to less than 10% of their bitcoin stash, but their problem is that they likely cannot limit themselves, and when trading there tend to be slippery slopes of wanting to do more and more and more and not being able to place limits on such bad thinking and bad ways of managing something like bitcoin.
Sure, younger people have longer time periods, but they don't necessarily need to limit themselves in terms of their timeline, so if they are able to reach a high enough BTC accumulation level, then they can still pull the fuck you lever and just live off of their BTC.. The main issue for anyone is to not make mistakes in terms of how they calculate whether or not they have reached an adequate (or more than adequate) level of BTC accumulation, which again, I think that BTC HODLers (no matter the age) should be measuring the value of their BTC based on the 200-WMA (bottom prices) rather than spot prices which tend to be all over the place... .and surely each of us is responsible for figuring out how much is enough and more than enough so that we don't make the mistake of thinking that we have enough, when we don't. Another mistake that people tend to make is to prematurely spend down their principle, rather than spending from the price appreciation that allows the investment to be gaining in value faster than it is being spent... And these kinds of matters can be reasonably calculate in reasonable and prudent ways that assure that you don't pull the fuck you lever too soon and you manage your BTC holdings properly.. and I suppose another issue is to make sure that your BTC are adequately protected so that you don't end up losing them.
Yes, I also agree with your assumption. Because quite a lot of bitcoin traders cannot resist the temptation to take more than 10% of their bitcoins for trading. Maybe it could be said that it would still be better if the trader carried out his trades on the spot market. Because if someone trades bitcoin on the spot market, I don't think that person will lose as long as they are patient and wait. Because the price of bitcoin will definitely continue to rise again. However, if trade bitcoin futures, in my opinion this is what endangers bitcoin traders. Because in futures trading, even if you trade Bitcoin, the risk is still very big. Because when trading futures there is liquidity that you have to be aware of. So trading bitcoin in futures can still make us lose money. So I personally also really don't recommend trading bitcoin in futures. But if you trade bitcoin on the spot market, I don't think this is a big deal. So what do you think about my assumptions?
And regarding the timing of investing in bitcoin, everyone has different time periods and goals. So we really can't equate this. I only provide information about the ideal time to invest in Bitcoin according to my assumptions. Because as you said, the most important thing is that we don't pull the lever too quickly to sell bitcoin. And this is something that we must pay attention to and implement in the bitcoin investments that we carry out.