If you have reached your bitcoin target does not mean that it's selling time, rather you have just transit to your maintenance stage. You can only think of selling part of your bitcoin when you have accumulated more than enough Bitcoin.
After achieving your goal, an investor can certainly sell a portion to enjoy the gains, or plan to reinvest elsewhere, which I think should be done. Because it would not be wise to put all your eggs in one basket. However, that doesn't mean that after reaching your goal, you should sell all your Bitcoin—no Bitcoin holder would want that, especially not me. This is because you would never want to sell a company that you’ve built with your hard-earned money to someone else. Investment is like owning a company or a business. Once established, it will continue to provide you with profits for a lifetime. You could even pass it on to your heirs if they are capable. Just like you would never be willing to sell a company you built with effort, holding onto Bitcoin is like holding a company, and completely selling it might be a wrong decision.
I agree with your comment. Bitcoin investment is a business or company.You are investing slowly for 6 to 10 years and gradually growing your business. When you reach your goal, selling the business is nothing but a fool. Hey, after achieving your goal, you can invest some money somewhere else or do whatever you want. So selling the company is a fool. Gradually, as time goes by,
I am a Bitcoin investor and I am sure that the value of Bitcoin will increase and never decrease. There are many whale investors in Bitcoin now. They have accumulated a lot of Bitcoin.
The increase and the decrease we see in the market are usually cause by factors and that has been the way Bitcoin is made to be which is called volatility, it can never be a one sided thing but to what extent one can occur is what can not be completely certain and guaranteed, saying Bitcoin will never decrease sound so badly and can be misleading and also more like a traders mindset than investing because Bitcoin is already known for it's volatility nature between time and seasons. We have the bear and the bull season.
I agree with you, for someone to say that Bitcoin we keep increasing and not decrease is a very wrong statement to me, which can also be misleading, because if bitcoin keep increasing we will only have the bull run season which is inappropriate. for bitcoin to get good balance and still maintain it store of value there have to be both the bull season and the bear season, because of it Volatility, bitcoin increasing without decrease we make bitcoin no longer have store of value.
I think you guys are getting it wrong from the angle he actually coming from, yes their will always be a bull and a bear season, but what he is actually trying to say is that since Bitcoin is an asset that appreciate in value overtime, it's more likely for Bitcoin to keep on increasing and creating a new all time high time and time again on the longer run than just being static or regressing in value.
What am trying to say is that the volatility of Bitcoin will always be there, but on the longer run like in 10 to 20 years time from now, the value of Bitcoin might have gone to $1M or more because it's on the rise since more investors are coming into it.
Let's not forget that we are still in the early days of Bitcoin, and the percentage of world population that are into Bitcoin right now is nowhere near halve of it population, just imagine how the value of Bitcoin may rise if like 20% of world population invest in it, so it is not a wrong statement if he says that Bitcoin is on the rise , because he is actually talking about it potential on the longer run.