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Version 2
Last scraped
Edited on 05/05/2025, 18:58:05 UTC
Snip

How many Bitcoins are enough for a person is a subjective thing. For a person like me who hails from South Asia, 5 Bitcoins will be sufficient but a person living in USA or EU has different criteria of enough Bitcoin. But that's correct that once you are having enough Bitcoins then don't go for aggressive accumulation of Bitcoin because all of us are gathering Bitcoins to achieve a specific target and if you already have achieved that target then just relax. It might be a good point for you to start selling some portion of your Bitcoins to enjoy the result of their hard work .

For no coiners, the best strategy is to start investing from any point and once they start investing they can go aggressive on dips only when they figured out what actually a dip is.  
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.
There is accumulation target and there is a holding period. When you reach your accumulation target and your holding period has not elapsed, you can continue accumulating bitcoin and get to the overaccumulation status which is a very good thing, lets not forget that bitcoin holding is for a long term goal and not just until you reach your accumulation target. Exposure to volatility has been obtainable since the start of your investment into bitcoin, so it should not be the major concern for shaving off profits here. You should strive to remain disciplined and exhaust your planned holding period, and even reach overaccumulations status, unless of course, matters beyond your control occurs and your emergency funds and other backup funds couldn't handle and your last resort is shaving off profits to solve such emergencies.
Version 1
Scraped on 05/05/2025, 18:33:21 UTC
Snip

How many Bitcoins are enough for a person is a subjective thing. For a person like me who hails from South Asia, 5 Bitcoins will be sufficient but a person living in USA or EU has different criteria of enough Bitcoin. But that's correct that once you are having enough Bitcoins then don't go for aggressive accumulation of Bitcoin because all of us are gathering Bitcoins to achieve a specific target and if you already have achieved that target then just relax. It might be a good point for you to start selling some portion of your Bitcoins to enjoy the result of their hard work .

For no coiners, the best strategy is to start investing from any point and once they start investing they can go aggressive on dips only when they figured out what actually a dip is.  
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.
There is accumulation target and there is a holding period. When you reach your accumulation target and your holding period has not elapsed, you ancan continue accumulating bitcoin and get to the overaccumulation status which is a very good thing. Exposure to volatility has been obtainable since the start of your investment into bitcoin, so it should not be the major concern for shaving off profits here. You should strive to remain disciplined and exhaust your planned holding period, and even reach overaccumulations status, unless of course, matters beyond your control occurs and your emergency funds and other backup funds couldn't handle and your last resort is shaving off profits to solve such emergencies.
Original archived Re: Buy the DIP, and HODL!
Scraped on 05/05/2025, 18:28:11 UTC
Snip

How many Bitcoins are enough for a person is a subjective thing. For a person like me who hails from South Asia, 5 Bitcoins will be sufficient but a person living in USA or EU has different criteria of enough Bitcoin. But that's correct that once you are having enough Bitcoins then don't go for aggressive accumulation of Bitcoin because all of us are gathering Bitcoins to achieve a specific target and if you already have achieved that target then just relax. It might be a good point for you to start selling some portion of your Bitcoins to enjoy the result of their hard work .

For no coiners, the best strategy is to start investing from any point and once they start investing they can go aggressive on dips only when they figured out what actually a dip is. 
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.
There is accumulation target and there is a holding period. When you reach your accumulation target and your holding period has not elapsed, you an continue accumulating bitcoin and get to the overaccumulation status which is a very good thing. Exposure to volatility has been obtainable since the start of your investment into bitcoin, so it should not be the major concern for shaving off profits here. You should strive to remain disciplined and exhaust your planned holding period, and even reach overaccumulations status, unless of course, matters beyond your control occurs and your emergency funds and other backup funds couldn't handle and your last resort is shaving off profits to solve such emergencies.