Our different targets will determine how aggressive we choose to invest and once you have achieved your investment target I think you should consider securing some profit to help reduce the risk of exposure to market volatility as risk management is also an important part of investment and one of the qualities a good investor.
As for me I don't think investing and accumulation ends, even after achieving my investment goal and probably taken profit I will just have to rebalance my portfolio and set a new target probably higher than the previous one and accumulation continues.
At that point some would consider diversifying into other investments. Our goals are different.
As for me I don't think investing and accumulation ends, even after achieving my investment goal and probably taken profit I will just have to rebalance my portfolio and set a new target probably higher than the previous one and accumulation continues.
At that point some would consider diversifying into other investments. Our goals are different.
Targets are different for each person in question: some cash out earlier, some - they wait for other opportunities, but everybody should be certain that with BTC, any goal is reachable
As an investor with a Bitcoin portfolio, patient is an important key you must possibly possess because, investment in bitcoin takes longer time to yield adequate fruits and that's why you must be calm and tolerant while Hodling.
I believe the main purpose of investing in Bitcoin in solemnly in making profits and like you said, our target is always different but our goals can be certain in this space and that's is to Hodl for the long term and not to sell our Bitcoin in an early stage. If we continue to use the wrong approach with a short term perspective in accumulating our Bitcoin,then we may never gets it right. Since Bitcoin is a long term investments,as an investor,we must follow it with the right perspective with a long term vision plans while Using a convenient Strategy like the DCA to accumulate bitcoin Weekly or monthly in the right direction at a steady pace and until we get to reached our desired accumulation targets, not to sell early but to Hodl for the longer term.