Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 12/05/2025, 20:13:20 UTC
I can never do that. No matter how much I collect, it's never enough and I never want to sell. I'm sure you won't want to sell after you've invested a lot of money into Bitcoin, because you'll regret it whenever you sell. Bitcoin is always finding a new top. Those who sell are always sorry. The best thing is to keep buying and never sell until you retire. If you are retired, of course, you can live a comfortable life by selling it piece by piece. But if you are still working, there is no reason to sell early if you are at a younger age.
This is the best description to when an investor can start thinking about selling his bitcoin stash. I mostly read articles talking about 'Over accumulation' and I wondered how a person can get to an over accumulation stage. Does having a sum total of 1bitcoin make it over accumulation or maybe having 10 bitcoin?? There is no complete justification to selling part of all of your bitcoin stash as long as you are still working. I believe bitcoin is supposed to be seen as a retirement plan from where you can draw your pension at intervals.

There is no such word as over accumulation of bitcoin in real sense and this should be clear. Is there a time you sell that price won't home any longer?? The anthem is to buy and never sell. Hold for as long as nature allows you without emergency that could drain your backup funds and emergency funds. The longer you hold the better it becomes.
I don't agree with your idea of demonising selling of Bitcoin because there will always come a point when you need to take out some money from your Bitcoin investment so that you can also enjoy the fruit of your labour.  Even JJG created a thread on Bitcoin withdrawal strategy, a beautiful thread and tool created to ensure that one does not harm his portfolio while trying to take out some funds.

If you don't have a target before starting your Bitcoin investment, there is a possibility of making mistake such as selling when you think you have gotten enough or investing more than you should which will stretch your finances thereby forcing you to sell.

Using myself for example, my plan is to build a good Bitcoin portfolio now that I'm still in active service using my salary and other passive incomes so that when I retire from active service, I wouldn't have to worry about anything since money will no longer be a problem as part of my Bitcoin will be used for my needs while part will be kept for my children as inheritance. With this plan, I don't have any reason to think about selling now because my objective is a long term one.

Sure a goal can be to continue to accumulate wealth in bitcoin as best as you can, but you also might have some ideas of either timeline or even quantity of income that you would want the bitcoin to be able to replace... so for example, if you currently have an income of $40k, but you expect that in 10 years you will have an income of around $100k - partially due to promotion yet partially due to the ongoing debasement of the dollar.. then perhaps in that timeline you might have a goal that you would like to be able to have your bitcoin replace and/or supplement your income.. and maybe you have some flexibility in regards to if you will keep working, reduce your work or just to potentialy start to spend bitcoin even while you might still be working.