you have spoken it all princess leah, any bitcoin investors who intend to sell off all their bitcoin investment, which they have accumulated and hold for 5 years in other to take profit and then buy back, to me I think that is really a wrong idea, which may later lead to regrets,
because any bitcoin investors who knows the right approach to bitcoin will only sell some portion of their bitcoin investment and continue holding his or her bitcoin. if possible he or she can still continue to accumulate more bitcoins, for that's what real bitcoin investors who knows how bitcoin works will do.
It would be really wrong selling your Bitcoin holdings after a five year interval, thinking to start all over again after then, how myopic could such person be? Especially when he is still in his accumulation journey, because in my own opinion, five years is actually not long term and it's too premature to be doing that by selling it then, it's just for minimal gains because Bitcoin would be no where near it peak price then, so it's really a bad idea in my own opinion, a wise investor that is in for a long term should be thinking of accumulating more Bitcoin and increasing his stash as much as possible, so that in like three to five circles time, he can be able to reap a huge dividend of his investment not as early as five years time because that would be too premature.
It seems that part of the point is that after a few cycles, there should not be any need to sell all of your BTC. You can just shave off some coins here and there from time to time, rather than thinking about bitcoin as something that you would cash out of in completeness.
No matter what, each of us has to figure out those kinds of matters, and if we are considering that we have a lot of years to live, then we can likely make our bitcoins last and spend from other sources of income prior to spending any of our bitcoin, yet if we are in a situation in which all of our income has dried up, then maybe at that point bitcoin becomes our sole source of income. Yet, I would think that it would be more common that we would be drawing from more than one source of income or even using bitcoin to supplement other sources of income that we might have, even if we might have gone into a status of no longer working for income.
Sometimes I really think its complete waste of opportunity to sell everything we have especially if we already built a decent portfolio for many years. Since all of our efforts made will be wasted and we exchange it for less profit if we dump immediately on that timeline. I believe Bitcoin has more to go and we could potentially hit for more bigger figures and I believe if we could able to hold our horses for more years then provably that we can get more bigger volume together with more bigger profits in future.
That's why its better to accumulate more Bitcoin while they can and thinking about I will save Bitcoin until I retire since don't want to live thru money gotten by pensions only.