Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Sim_card
on 16/05/2025, 11:07:30 UTC
⭐ Merited by JayJuanGee (1)
To me, it seems quite unlikely and unrealistic for anyone to be able to accumulate enough or more than enough bitcoin in one cycle, unless he had been able to considerably front load his bitcoin investment from other funds that he has, and even if he takes close to a whole cycle to accumulate enough or more than enough bitcoin, he still might have to wait a whole cycle before he transitions from buying to maintaining and then to selling... and sure, my own preference is to figure out ways to sustainably sell bitcoin rather than selling most if not all of the bitcoin stash at once and then end up as a no coiner or a low coiner, which turning into a no coiner or a low coiner does not seem to be the reason to have had gotten into bitcoin... except maybe traders see bitcoin as something to get into and then to get out of rather than being something that is held for a lifetime.. and to just sell it as needed once reaching an overaccumulation status..
Hmmm that’s nice point selling all your coin after reaching your goal and becoming a no coiner is like you going back to your starting point . Which is not encouraging at all imagine selling something that took years for you to build in just one day , and we can’t tell if bitcoin may have gotten higher in price but we believe that bitcoin price will grow with time , so you selling when the price has surge with a massive increase, you won’t be able to buy cheaper like you once did if you have the mindset of buying back after a certain period of time , after selling all your coin . There should be better method of taken profits without selling all your coin.

Guys do have to figure out these kinds of matters for themselves, and I can see why someone who had been building up his bitcoin investment for 4-10 years or longer may feel like he wants to take some profits, and he might even get excited and sell too much too soon, such as selling 25% to 50% of his stash or more, but then if he really reflects on the power of bitcoin, he likely should be able to figure out some sustainable withdrawal systems that are either price based or time based that will end up resulting in his being able to continue to withdraw bitcoin yet to also be able to allow his bitcoin to continue to grow in terms of its dollar value (so he ends up largely sustaining most of his BTC stash, but still withdrawing from it on a fairly regular basis).

Sir JJG I think you are right but the truth is everyone has there plan and reason why they are investing, there are investors who are investing and holding for long term under duress and so whenever these investors get to a point they feel it is ok and they have hold for 4-10 years they won't care anymore, they will be selling anyhow they like because they were holding it under duress but someone who didn't hold under duress will never sell 25%-50% of their investment because they understand and know the asset they are holding, then again investing under duress is not a good idea or strategy because one will consume everything in a short period of time after holding.
This is why when you want to invest in bitcoin, you must have a long-term mindset and see your bitcoin investment as your retirement funds so that you don't invest under durex and in a rush to sell after holding for some years. If you sell all your bitcoin so what next, you shut down bitcoin investment and start holding fiat? I feel a proper plan and future mentality is what we should focus on when we want to invest in bitcoin.

If you invest because you want to sell off in 10 years time, you will regret it in 15 years time when bitcoin price will be higher than the amount that you sold yours and you become a no coiner. You are not a successful bitcoin investor because in the long run, you became a no coiner with regrets and pains. Investment should be maintained till old age and if possible pass on to your heirs so that they can also benefit from the compounding value of your bitcoin portfolio.

It's good that you use the amount of money from your discretionary income that will not allow you to invest for the hope of selling all your bitcoin in a given period of time because of profits. Think of enjoying the benefits of investing in bitcoin at your old age so that you will be proud that you made the right choice and took the bold step to plan for your old age. You don't need to use a time frame to accumulate bitcoin but have a bitcoin target that you want to accumulate overtime.

I will say that investing in bitcoin under durex isn't the right way to invest in bitcoin because the price of bitcoin increases in value overtime and you would shorten the value of your bitcoin portfolio for selling early when you haven't even reached your bitcoin target.