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If you invest in bitcoin with the motive of selling it when the price get to a sating level it then mean you are a semi trader, and you are the gambling at the same time, you are not an investor, because a real investor we keep accumulating bitcoin and hold unto it for long period of time, 5 to 10 years or more depending on your target, because every investors must not have the same target and the same mindset when it comes to bitcoin investment.

If you buy bitcoin and decide to hold for 1 to 2 circle do you also consider such person as a semi trader? Because holding for that long period might be for different purpose but making profit is always part of that reason, for that 5 to 10 years period a holder can actually have a speculated price in mind where he picture bitcoin to be at that point in time even if it don’t get their or get above that expected price, holding for long does not restrict the investor from having a selling price target.

It is best to hold Bitcoin for as long as possible before selling it especially when you hold large amount.
It is only the small holders that would be anticipating on selling part of their Bitcoin especially when the price of Bitcoin has increased to a certain point. Those who understand what it means by holding will not even bother about selling to make little profits and buying buying back when price goes down. Holding Bitcoin is always profitable in a long run and it's good when you hold for at least two circle so the price might have gone high above the level you bought.

I think there is a habit for small and large investors to sell Bitcoin who do not understand its true value. If large investors have a relatively large Bitcoin holding they should try to buy more. This is because they are probably more experienced and should have an idea of the future price of Bitcoin. For small investors Bitcoin accumulation are an opportunity from discretionary income that they can add to their portfolio on a regular basis. Since their accumulation amount are relatively small, they should buy Bitcoin and continue to hold it for the long term. Long-term holding involves profits but you should focus on holding rather than making profits and should have a decent bitcoin portfolio. You should not consider the time to get a decent portfolio if you have sufficient and reliable sources of income for the longer term even until retirement.

I want to clarify you on what you just said but before I do that I would want to ask what you mean by large investor? And if large investors mean investors that have good number or figure of Bitcoin in their portfolio then I can tell you for free that that even newbie can be a large investor depending on the level of income and discretionary they have because there are newbie that before they start the DCA officially they will first lump sum base on their capacity and then later start accumulating small small and it is really a nice strategy.

Moreover, long term investment doesn't involve profit rather it brings profit because there is no way you will invest and hold for long time without having a profit and off course holding is what brings about the profit and not just holding, if you hold very little your profit will be measure according to what you hold and if you hold a good number definitely it will be great.