The question now is, when should we sell it..? Of course everyone has what is called a need at any time.
Talking about selling is more of a trading and can lead people to wrong direction, the longer you keep accumulating the more profit you get , so selling shouldn’t be your major concern
Yeah everyone has a need at every given time that is why it’s alway advisable to have a reserve fund or emergency fund , it helps you sort out urgent needs with that selling your Bitcoin won’t be necessary and can be kept for a longer time with a good profit overly .
Anyone planning on selling bitcoin assets is absolutely a trader and not an investor, An investor should be more concerned about building a portfolio and continue accumulating consistently to achieve a desired set goal, it isn’t a good idea to sell before prior to over accumulation which is considerably 10yrs it is more sensible to accumulate within this period of time and hodl.
And it is totally wrong for a newbie or a low coiner to be interested in making profit that would definitely cause distractions from accumulating bitcoin, having interest in making profits this are characteristic of a trader and not an investor, Bitcoin is quite the most reliable and secured means of investing that is why it is mandatory to invest in Bitcoin and accumulate consistently for a long term goal.
When we will sell Bitcoin will depend on each person because they should have a plan about the time to sell and take profit. Yes, an investor just concern how to build his portfolio and maybe he want to give his Bitcoin as his legacy to his children and his descendants. So we will have a different time to sell Bitcoin and still hodl if that time is not come.
They can enjoy the profit from Bitcoin after they invested for some years, let say 10-15 years or even 20 years later. At that time, they should have many Bitcoin if not 1 full of Bitcoin. So when Bitcoin price reach the very highest price, they can sell some portion and still hodl the rest of Bitcoin amount and accumulate for more.
Selling your Bitcoin is easy but the difficult thing is keep buying Bitcoin using DCA. Someone can lose his focus when he tempting to see his profit and want to take it. But if he realize that he can take the profit in the future especially if he can reach 1 Bitcoin. That will be a very big profit for him. So right now, he just focus on accumulating more Bitcoin before the time is end.