Quote from: UmerIdrees on March 21, 2025, 07:38:09 PM

Quote from: CageMabok on March 21, 2025, 06:58:31 PM

Quote from: Proty on March 21, 2025, 05:58:36 PM

I agree with you ,it is wrong to be buying and selling bitcoin when we are still in our early phase of bitcoin accumulation instead of to focus on continuous accumulation of bitcoin.buying and selling bitcoin to me is pure trading and not investing

It is actually quite simple to understand something like that because when we know when to buy Bitcoin, of course we ourselves must also know when it is appropriate to sell Bitcoin again for a certain purpose that we want in this life. But if it is only limited to trading with Bitcoin, I think there will not be so many benefits that can be obtained by someone who does it at any time. Because price fluctuations can also affect the level of profit of people who do it so that the option to put it into a long-term investment is still much more feasible than just buying and selling it again in the near future.

Only if anyone needs money urgently then he can sell some of his bitcoins but otherwise there is no point in selling your bitcoins only because you see that the market is dumping.

Exception to this can be that you think that the Bitcoin Bull market is over and then you want to sell at the top but still it's hard to find the Bitcoin market cycle top.

This is the very reason why investors are adviced to have an emergency backup fund stashed away, this emergency fund serves as an insurance guaranteeing that their investments aren't tempered with untill stipulated time frames are met, any investor without this emergency fund is always at risk of losing their investments when they sell too early.
Every investors should have emergency backup funds for situations like this where they are pressed to sell their bitcoin too early.

Quote from: Derekfunds on March 21, 2025, 10:52:20 PM

Quote from: BitBakerr1 on March 21, 2025, 09:24:12 PM

Let me correct something those that sell when they see any little profit from there Bitcoin are not investors they are traders and I really don't see there emotion as a reason for selling when ever there's a little profit they are not just investors and they don't have the mindset of accumulating and holding for a very long term the mindset they have even before starting there accumulation journey is buying and holding till there's a little profit and they sell, those who came to Bitcoin to invest and hold for long term won't be moved by there emotion to sell because of little profit the reason they may be tempted to sell there Bitcoin is during time of emergency and when there backup funds can't handle the situation they may be tempted or have no option than to dip hands into there Bitcoin investment.

You are partially correct because not all investor has the mindset of buying and selling back because of little profit rather what makes some people sell is because they can not control their emotions, have you ask yourself why some great Investors get moved whenever the market dip so much? Do you know what makes investors panic? Whenever the market dip they are been drive by their emotions, there emotions will make them think different things at that instant and if they can not handle it they will sell off and they sell not because it was there initial plan no, they sell because they can not get ride of their emotions. Emotions is what one should deal with before investing.

Investment sometimes involves alot of critical thinking and planning, basically it involves using your head not your heart.
Those investors who loose their cool once there is a dip and start contemplating selling are not real enough investors, as a real investors understands the volatility of the market and is willing the brave that storm believing that after a dip comes a rise in price and market value.