Re: Buy Buy Buy or Sell Sell Sell?

I consider bitcoin to be a lifetime investment, so once you reach overaccumulation status, then you would start to have the option to sell within the overaccumulated amount, and so I do not consider bitcoin to be an asset in which you might spend 4-10 years or more accumulating it and then you sell large portions of it or even all of it.

After reaching the accumulation limit of more than say 10 years of doing it and bitcoin is already in the range of $500K, it will sell bitcoin partly for sale because the goal has been fulfilled from the initial investment plan.
So I will not continue to hold for as long as possible, there is a time to sell but now is still not the time because it is still planting and until the harvest arrives after 10 years.

You are absolutely right there is always time to sell. And I don’t think that we can keep holding for a lifetime, The primary goal of someone that is investing in bitcoin should be accumulating for as long as 4-10 years then at that point you have achieved your goals and you can try selling little by little so you don’t have to sell all your investments. At this point a newbie should be more interested in accumulating and getting to over accumulating.

Selling off your bitcoin investment is not a good idea for someone whose original strategy was a long term goal, In this aspect there’s no set years or time, you just have to keep accumulating because if you say 4-5 years, what if at the end of this the target isn’t met, so the ultimate strategy is to keep accumulating. Even if you have an urgent financial need, that’s not a good reason why you should sell because as an investor you’re ought to always make arrangements for your emergency funds, because this is mostly one of the reasons why people tend to sell off part or all their bitcoins portfolio, sometimes due to a little downturn in the market after several years of holding you start panicking to sell, that’s never a good reason for someone whose original strategy is to hold for long term. The least you could do is that if you noticed you’ve accumulated enough even more than your target, you can decide to just take out your profit and still continue with your accumulation.