Quote from: SOKO-DEKE on Today at 03:21:33 PM

Quote from: woez on Today at 06:25:10 AM

Quote from: laijsica on Today at 06:18:19 AM

This method will increase your financial resilience and security. Bitcoin continuous accumulation and compounded buying tend to decrease UP price, the longer you keep depositing. A reminder for you to understand the positive signs of Bitcoin future while it is in the market and apply the dollar cost averaging (DCA) method.

The question now is, when should we sell it..? Of course everyone has what is called a need at any time.

What is important is that you should not sell during less than one cycle. This means you should be able to hold onto your Bitcoin investment for at least 4 to 10 years before thinking of selling your Bitcoin. However, if you are not in need of money for something very important, I would not even advise you to sell a portion of your Bitcoin to take profits even after is 4 to 10 years.also, keep in mind that when you are investing in something like Bitcoin, you should avoid selling all your Bitcoin and trying to start over again. It can be a very difficult process to deal with. Instead, keep investing in Bitcoin. After several cycles, such as 10 years or more, when you see that you’ve made a reasonable profit, you can consider taking some profit and using it for whatever you need as what you have achieve from bitcoin.

Holding Bitcoin for 4 years / 1 cycle is a minimum period, the investor has to think longer than that, the best decision would be if an investor can decide to deposit and hold Bitcoin continuously for the next 3 cycles. Then Bitcoin can give you many times more profit than your desired profit, if Bitcoin can be held for more than 10 years.
One thing the investor should keep in mind is that if he decides to deposit Bitcoin for the next 10 years or 3 cycles, then he can never think of selling Bitcoin, he must always think only of buying. Keep a strong emergency fund ready for emergencies, but do not think of selling Bitcoin in any way, keep Bitcoin only for holding, keep buying continuously, and after 10 years or 3 cycles you can sell it all together, you will see that at that time you have achieved such success that will completely change your life.
And those who are real Bitcoin investors, they always hold Bitcoin like this, they determine a specific holding time '3 cycles or 4 cycles or more', and accordingly only buy and hold continuously, they never thinking about selling anyway, They completely forget about selling in those '3 cycles or 4 cycles, and they are the ones who can always profit in real terms.