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.
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.
Be specifying what you are saying, is not only traders that sells there Bitcoin investors do sell when they have gotten to overaccumulation stage but they sell in a very small fraction or quantity while trader's sells when they have not gotten to overaccumulation stage. Another difference between them both is that, traders sells due to fear or due to little profit they have gotten but investors doesn't sell because of fear or little profit but they sell because they have gotten to a stage where they are somehow satisfied with what they have and so even if they sell, it won't look like they touched there holding and as they are selling some piece, they are also replacing ( accumulating back) because they believe in Bitcoin.