~Snip
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, i have witnessed some selling at loss, thinking it is more saver for them than to have an elongated loss session on their investment, we have several examples related to when some have made a selling decision at loss and some are making profits in the same way because of the strategy they all used make withdrawal.
Selling at a loss is in fact not a good decision if at the same time they have additional capital to accumulate. I know some holders may be afraid of having their investment value drop any lower due to high selling pressure, but in reality the market will only recover after over selling.
If I have to sell, then I will not sell some, but I will sell everything at the same price and plan to reinvest at a later time. I don't fully know what the purpose of selling some of it is if in the end the held asset is sold at a lower price considering market dynamics that are difficult to predict. Price volatility provides an opportunity for anyone to buy at low prices and sell at high prices, this cycle can be exploited by anyone.
Does this talk lead to panic when there is a price drop that occurs in bitcoin, if true why should you panic selling. Because if you are a long-term investor in bitcoin, you should not sell your assets when there is a price correction or decline. Because remember the goal of long-term investment is definitely more than two cycles, so why should you sell it because you panic. Because basically the price of bitcoin will definitely continue to experience a higher increase even though there will definitely be a correction. So the point is not to instill a trader's mindset when investing in bitcoin. Because it is certain that if a trader's mindset is applied to the investment that we are running in bitcoin, I am sure the results will not be as optimal as investors who are truly total with their determination.
In addition, about selling, maybe this can indeed be done when our accumulation goal has been achieved. For example, if you intend to have 10 bitcoins by using the DCA purchase strategy. So before that goal is achieved, I think you shouldn't think too much about taking advantage. Because if before the target is achieved you have started selling your bitcoins, the results of your bitcoin investment profits will definitely not be optimal (although gradually). That is why before we reach our target (the number of bitcoins we want to own), it is better for us to focus on continuing to accumulate.