4-5 years or even 10 years in my opinion is the time limit that allows an investor to profit from Bitcoin investment and we must admit this, it's just that the profits obtained are not as satisfying as long-term profits without a certain time limit that will guarantee you will get much greater profits from all that.
Real evidence of the Bitcoin price trail at that time when compared to now has reached 1 and a half decades, the price continues to increase and passes 4-5 and 10 years the price continues to increase. So there is a possibility that such a case will happen again that the price of Bitcoin the longer you hold your assets firmly, the price will continue to increase which will provide much greater profits compared to the profits obtained under 10 years.
And this is often discussed and always in every comment that having discretionary income is a safe way in the investment journey, because discretionary income is the income that remains after paying important costs and basic needs and so on to be used to buy Bitcoin regularly which will not cause problems in your life journey and also your investment. And emergency funds are also needed because we don't know what will happen to us in our life journey, especially in financial matters and when we really need it without involving Bitcoin at all.
It seems pretty short-sighted to me, if a guy spends 4-10 years to invest into bitcoin and then he sells all of his bitcoin. There is no reason to conclude that selling all of your bitcoin is a good plan, especially if it may have had taken 4-10 years or even longer to build it up. Some kind of
sustainable withdrawal whether price based and/or time based seems more practical rather than selling all of the BTC that had been accumulated.
Honestly, it is not a good idea for an investor to sell all their Bitcoin investment, which they have taken much time to accumulate, even if they made a reasonable profit for a particular time. The only good plan is to sell some portion if they have something specific to use the money for at that particular time. However, if they don’t have an immediate need for the money, it is better to continue building their Bitcoin further.
If an investor sells off all their Bitcoin just because they have made some reasonable profits, they will have to start buying again which he has no idea for about the further price of bitcoin. That would be a very poor decision. Bitcoin investment should be a lifetime investment. Once someone has reached their target level of accumulation, the best approach is to take profits when necessary and continue holding.Selling all of one's Bitcoin investment should never be the plan of a serious Bitcoin investor, especially if they aim to invest fo long time.
You're right mate, some people just invest with the mentality of selling off all their investment when some profits has been realized and that is why some bitcoin investors failed and find themselves in difficult situations since their plan is to sell all their bitcoins when they have gotten some profits with the plan that after they sell, they will rebuy when the price is cheaper but they forget to know that the price may not go beyond the price the sold which then means that instead of part of their money to still be in bitcoins, it will be in Fiats while waiting for a DIP which can lead the money to suffer depreciation in value due to inflation and that is why on no account should an investor sell all their bitcoin hoping to buy again if the price falls. Bitcoin is not a stable coin whereby you will meet the price at same point all the time, bitcoin is volatile of which the price can skyrocket to any level and you lose interest in buying again since you will consider the price as too high.