Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Princess Leah
on 05/03/2025, 11:59:13 UTC
⭐ Merited by JayJuanGee (1)
[edited out]
That's right, a bitcoin investor must have a strong principle about his initial intention to invest in bitcoin. But what I mean is if an investor has reached his investment goal (for example 5 years) then the person sells bitcoin and buys it back when the price drops, I think that's also a good thing. Because that way, the profits obtained when investing 5 years in bitcoin can be invested again and of course the bitcoins that can be purchased will be more. So what's wrong with that concept. Because in my personal opinion, if someone buys bitcoin with a strategy that is not DCA, I think selling when there is a profit and buying back bitcoin when the price drops is the right thing to do. In fact, I think it will have a very positive impact on the growth of our bitcoin assets. So in my opinion when we invest in bitcoin, we must take advantage of every opportunity to be able to enlarge our bitcoin portfolio. But I'm not telling you to follow my method, because of course you have your own way so that your bitcoin portfolio increases.

Of course, you can establish whatever goal you like, yet it seems to me that it is a bad idea to spend 5 years accumulating bitcoin and then to sell it all, including that you believe that you are going to be able to sell and buy back cheaper.  That is a retarded strategy.

Bitcoin is amongst the best, if not the best, investment asset available and you seem to be saying that you are going to try trade it once you have accumulated for 5 years.

Better strategies likely involve reaching an overaccumulation status,.. if that might take 5 years or some other period of time.   Once you have reached overaccumulation status, then you can likely engage in price based and/or time-based selling of portions of your overaccumulated bitcoin, and you can likely figure out sustainable withdrawal formulas so that you can pretty much continue to hold bitcoin and to draw income off of your bitcoin that is way better than selling it and fucking things up. 

You have a good thing going by having bitcoin, and you believe that the solution is to sell it and take chances in regards to trying to buy back cheaper...   Short-sighted to say the least, even though you are free to do whatever you like, even short-sighted things.
Everyone is responsible for their own actions though, that why it's their choice to do whatever they like with their investment plan the least one can do is try to put them through the right path and stop them from misleading others into doing the wrong things when it comes to Bitcoin investment, it's something that involves the future so one needs to be careful about it so as not to make errors that would cause future regrets.

 Investing for 5 years only to take all profit is a big error, i would've said it's misleading but instead I'll rather correct such impression and let people understand that because it is said that long-term bitcoin investment involves holding for 4 to 10 years, doesn’t mean that they’ll hold for that long and decide to take all profits, it doesn’t work that way and comes with regrets, no one knows what the future holds but Bitcoin has proven to be a good investment option for the past year and we hope it does better that's why we're holding for long.

 Therefore instead of taking all the profits in 5 years time it would've been better to take some portions and do what's best for them, maybe diversify to another good investment option or so, taking all is risky cause what if the person takes all and the price increases to a very high price, it simply means the person have sold at lose and would be buying back at a higher price when they want to buy back, the next thing that follows after that is regret and hoping a dip should occur to buy cheaper, that’s why that ideology of holding for 5 year to take all profits is not wise.