Yep.. I recommend that everyone should make sure that they get to a status of overaccumulation before they start to employ sustainable withdrawal strategies.
This majorly applies to the investors and not traders, and also from what he said here, we must be able to employ a sustainable withdrawal strategy, which means we are not just only going to sell at any point in time because we feel like doing so, but it must be done on a thorough and orderly manner to which will be a profitable decision for us to sell after adopting the use of a particular selling strategy
Well said.
This bores down to the investor own unique financial bearing... which affects his profitability and portfolio.
Withdrawal doesn't obstruct portfolio building, withdrawal is about taking profits made, if the investor have realised a substantial gain or % rise in his portfolio, he can decide to sell wether in a favourable or unfavorable market condition As far as it aligns with his plan, decision.
An investor, invests because he wants return, the return made is subjective to the investors choice, not necessarily a particular "selling strategy".
You sound lost Bravut. Of course withdrawing bitcoin is the same as selling, so if guys are taking too much profits too soon, then they surely could end up screwing up their bitcoin portfolio building and never making any progress in regards to really getting their BTC holdings up to a high enough level to really profit from being in t bitcoin.
Just think of the various guys who bought bitocin around $500 or $1k and they took profits several times along the way, and they maybe even took 20x profits or more (let's say around $20k or at various other places along the way, and then now they might have little to no bitcoin and they cannot buy back their bitcoin, and right now the price is over $80k and they are low coiners or even no coiners waiting for the BTC price to drop, and it may well not drop enough, so instead of having 30-50 BTC, they got their profits and they spent their money, and maybe they have 1 or 2 BTC, but they do not have enough money to buy back even 25% of the coins that they sold..
There are all kinds of guys who have historically engaged in such practices that resulted in their selling way too much of their bitcoin too soon, all in the name of "profit-taking" and their belief that they were doing the right thing by taking profits, but then they sold most if not all of their coins all the way up and they felt like they were making good profits at various points along the way, and they even considered that they might be able to buy back cheaper, but they did not .
So then perhaps they did not have any coins left after the BTC price reached certain levels, and they wished that they had not sold so many of their coins so early in the process and they wished that they would have had hung onto more of their bitcoin, perhaps even 10-20 of their bitcoin, but they did not and they end up having fractions of a coin, and sure maybe they have 1 BTC and maybe they don't even have that much BTC.. because they failed/refused to stay focused on either accumulating more BTC or at least making sure that they continued to have enough BTC.. even if it might have had been a floor amount that they did not let their holdings go below such floor amount, which even 10-20 BTC would seem like a good thing right now for the guy who has less than a whole coin becuase of his desires to ongoingly take profits and to buy himself "nice things" because he deserved it..