Cashing out 50% or 25% of our Bitcoin investment anytime the price of Bitcoin appreciate is not a nice strategy most especially for low coiners and investors that haven't gotten to over accumulation stage because their portfolio won't look good even though they are taking profit because the investment will be in a stagnation point somehow.
Holding a long time is key to get massive profit for your Bitcoin portfolio with years and two, three market cycles. Surely if possible, holding your bitcoin for more than 3 cycles would be so great.
It's not bad to cash out (take profit) with 25% or 50% of your Bitcoin investment portfolio, if you already have x2, x4 your initial capital. I say this is good strategy for new investors, because by taking profit 25% or 50% of investment portfolio, they can take their initial investment capital back, and keep it safe. They can be flexible with % for taking profit with this purpose, like if their portfolio is x2, they can take profit 50%; if their portfolio is x4, they can take profit 25%; and if their portfolio is x5, they can take profit 20% and so on.
Remember that after taking initial capital back, they can feel very safely and comfortable with investment. They can work, get money, and use it for DCA in future, it's another way to accumulate more bitcoin.
This strategy is meaningful for new investors who bet most of money for Bitcoin investment, and don't have fund for emergency. Taking initial capital back, and use it as emergency fund after their finance was improved is very good strategy.Yes, your assumption may be correct. However, in my personal opinion, if there is a beginner who invests in bitcoin and the person does not have an emergency fund, is it possible for the investor to invest smoothly? Because to get a profit of 2 times or at least 50% usually requires one or half a bitcoin cycle which if calculated is 2 to 4 years. So do you think a beginner investor who does not have an emergency fund will be able to hold bitcoin during that period. In my personal opinion, it will probably be very difficult, especially if there is an urgent situation that requires fast money, the money invested in bitcoin will definitely be disturbed. That is why I do not agree if a bitcoin investor does not have an emergency fund and hopes to get emergency funds from the profits of the bitcoin investment. Because for me to realize this is arguably quite difficult. So it is better to collect the emergency fund when in the accumulation stage or it can also be prepared before jumping into investing in bitcoin. Because emergency funds are very important for a bitcoin investor.
And besides that, in my opinion, beginner investors are better off just focusing on adding to their portfolio in bitcoin, because the profits do not need to be discussed anymore. Because as you said that bitcoin investors who can hold more than 3 cycles are likely to get profit. And in my opinion if you have succeeded in holding bitcoin for more than 3 cycles, taking profit can certainly be done.