A lot of people are naturally going to be tempted to trade and/or gamble - and with bitcoin we could end up getting very thrown off because we start to think that we can see its ups and downs and then to buy and sell according to what we see, yet, we also may well end up failing/refusing to recognize/appreciate how badly we can end up getting screwed if the bitcoin does some kind of stair step upward and we have little to no bitcoin during such upward stair-stepping, and so we end up with way fewer bitcoin than what we would have had if we had just stayed focused on ongoing bitcoin accumulation.
Another thing is that any sales of bitcoin will contribute towards putting us into a waiting mode rather than a buying mode, and then if the BTC price goes upward while we are waiting, then we screwed ourselves again by not having close to as many bitcoin as we could have had and what we should have had if we had continued to stay focused on ongoing and persistent accumulation of BTC.
Regarding your gold bitcoin mistake, yep that is too bad. A lot of folks have historically been drawn to gold, and they continue to be drawn to gold in recent times, yet they fail/refuse to recognize/appreciate that bitcoin is around 1,000x better than gold, so even if gold has been doing well in recent times, it is likely still going to continue to lose out to bitcoin, so likely it does not help anyone to have any gold allocation that is any greater than 10% the size of his bitcoin allocation, and even having gold that is 10% of bitcoin's allocation may well be too much, even though surely some guys cannot resist except to invest some allocation into gold and they may well be lured to invest more than 10% the size of their bitcoin investment size into gold.
Yes sir, but I think a person's stance can change if he has measured btc to fiat and is tempted by short-term profits that make them change from holders to traders. That would be a big mistake because he would be waiting and no longer someone who routinely buys it every week.
So have you ever felt a peak feeling about the investment you have made if at this stage where you have recorded a fairly large profit and intend to cash out. And how can you deal with that feeling so that you stick to your stance to keep holding until you can get through the peak period of increase from what you have noticed.
The feeling of joy is certainly felt by all investors, especially those who entered earlier and they still have btc in their portfolio. This kind of pleasure is only possessed by those who are truly consistent in investing. For beginners, don't be shy about investing in bitcoin, even though it is in small amounts, it is not an obstacle to having bitcoin in your portfolio.