Quote from: harapan on Today at 02:12:53 PM

Quote from: teamsherry on March 17, 2024, 06:54:19 AM

I think right now is not a time to sell at all cause of the current market trend which is bullish and we are not sure if we are done yet, and yes the halving us not yet here and we are not sure if we woudl have more price surges or if we would start a retrace.

But anyway I'm not selling my holdings, cause I plan in investing for the long term, and i think I'll achieve more profit holding longer than even selling anytime soon and I guess you should do the same.

Of course buy buy and buy is the main goal this season and snd we must be consistent though I smell a bullish season but that not withstanding it's not an opportunity to sell now, other wise we would do so with a loss. And another thing important to do is to study the market trends following the periods that we would be more profitable regardless I've been holding for awhile and would still do till I get my desired profits.

Our motivation to sell should not be driven by the profits we see in our investment, but the termination of our holding period. If we target profits only, then we are not much different from traders, rather you should be more focused on reaching your accumulation target and/or even attaining the status of over accumulation within our holding period. It is a very good practice to keep enlarging our portfolio regardless of market sentiments and movements since it enables us to remain focused and dedicated to our ongoing accumulation journey. When we have more than enough coins and the profits already compounded, it surely sounds like a better deal and by the end of our holding period (4-10 years or even more), we can choose to keep holding or if we are satisfied with our stash, we can initiate some sustainable withdrawal practices and gently begin to live off our bitcoin investments