Quote from: I_Anime on Today at 07:44:39 PM

Quote from: Derekfunds on Today at 01:29:23 PM

Quote from: JayJuanGee on Today at 01:26:04 AM

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.

I agree with you JJG, selling too much Bitcoin when one haven't gotten a good number or fraction of Bitcoin in there portfolio is not good because sometimes after selling you won't see the need to invest again or sometimes you won't see the opportunity you were hoping that made you sell your Bitcoin, selling is not actually bad per say but as a low coiner or a beginner you don't have or need to sell your Bitcoin but for someone who have hold for years and has a good amount can sell but not up to 10-30% of there investment because our portfolio will not look nice and one funny thing about Bitcoin investment is that selling can be so easy but buying back an holding can be very hard that is why we shouldn't sell a high percentage of our investment.

Buying bitcoin is easy as just selling it , but buying back after selling ( when trying to act smart) is not certain because how sure are you bitcoin is going to dip the price you want before buying because no one have the ability to control bitcoin price rather we can only speculate.

For those who are still accumulating bitcoin, if they sell some of their bitcoin in order to buy back cheaper, they run the risk of not being able to buy back cheaper, so they just end up spinning their wheels or maybe just getting stuck in a waiting pattern rather than ongoingly buying, so the lose their focus and ultimately have high chances of ending up with less bitcoin than what they could have had if they had stayed focused.

Quote from: I_Anime on Today at 07:44:39 PM

So better not to sell at all , so that you won’t find yourself in such situations and if you have any healthy treating issue you can use your reserves funds if it is not enough,and things getting worse , then you can think of taken from your investment in order to complete the payment because you got priorities your health also .

Of course, personally, I don't recommend investing into bitcoin unless a person has at least a 4-year timeline, so if someone has age and/or health concerns that might limit their ability to have a 4-year timeline, then maybe it would not be a good idea to invest into bitcoin, since there would be some gambling if they were to have less than a 4-year timeline.

Of course anyone who is investing into bitcoin should be attempting to have both emergency funds and reserve funds available to spend on any expenses that might go beyond their expectations, so surely if they have any emergencies, such as health issues, then they may well end up spending from their reserve funds first, and then their emergency funds second, and once they run out of those various back up funds, then they would have no choice but to sell from their bitcoin at that time.

We are attempting to create good cashflow management practices and various backup funds in order to attempt to avoid selling our bitcoin except at a time that is completely of our own choosing, but sure, sometimes emergencies might happen, and if we had done our best to establish good cashflow management practices abnd back up funds, sometimes there might be things that happen such as loss of income and/or increases in expenses that are beyond our expectations.

Sure there are some folks who put themselves into emergency situations by failing/refusing to set themselves up with good cashflow management systems, so surely we want to avoid putting ourselves into emergency situations based on bad cashflow management, so we try our best under our own resources to prepare for a variety of scenarios, including some possible scenarios that are not completely known in advance.

Quote from: Agbamoni on Today at 10:42:18 PM

Quote from: Derekfunds on Today at 09:27:12 PM

Perhaps you should try to be specifying what you are saying ( category of investors that are not suppose to sell ) because investors who has gotten to there overaccumulation stage can sell if they wish to sell and nothing is wrong about that and even while they sell, they will always sell wisely that is a percentage that won't look like they even remove something from there portfolio so that covering up won't take them time but an investor with a small portfolio, selling will be a very bad decision or act to display because they have a long way to go.

Your statement might be misleading to those who have big portfolio that want to sell wisely. In as much as selling wisely should be considered, long term investors at times can make wrong decisions to sell when the market conditions are not in place. Technically i accept that timing the market is necessarily when we want to sell some fractions of our inestemnt. With a big size portofolio investors should understand that there must be a reason why you are selling if not there is no point selling yet when you can still keep it long more. The reasons should be solid, if the inteiton is to sell in order to hold FIAT it is not a wise move although we can do whatever we like as long as we have a big size portfolio and nothing could go wrong after all.

Of course, the more bitcoin that we have, and the larger our bitcoin portfolio, then the more options that we have.

Sometimes guys will end up delaying their own ability to reach fuck you status or perhaps they will never make it to fuck you status if they continuously are dipping into their bitcoin holdings prematurely, yet sure, guys can choose whatever they like in terms of managing their cashflows and using their bitcoin to cover variious expenses, even if they are in their bitcoin accumulation stages...

It can be a slippery slope to keep dipping into bitcoin holdings, so we should be careful when we are dipping into our bitcoin holdings.

Another thing is that sometimes we might try to employ both systems of ongoingly buying and then maybe sell certain portions of our bitcoin at certain points in time, and so it could be that we end up selling out of one hand and buying out of the other, yet of course, we can try to calculate to see if there might be times where we might want to attempt to employ those kinds of selling at certain price points even though we might still be continuing to buy on a regular, persistent and ongoing basis too.