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Of course, it should be like this, if someone can hold Bitcoin for 5 to 10 years, then in that case, he will definitely get profit, it is guaranteed. Because so far, it has been seen that Bitcoin itself has failed to create a new ATH in a four-year circle. So if someone can hold Bitcoin for 10 years, then he can make a very big profit from here. Everyone's investment has the purpose of making profit. Because you will invest money where you will get a good return. However, since the price of Bitcoin is not stable and the price of Bitcoin not only increases, it also decreases a lot and then recovers, it will not be possible to earn profit by holding Bitcoin for a short period of time if you are not lucky. What does investing for a short period of time mean leaving profit to fate.
I totally disagree with both of you that bitcoin profit taking should be actually based on time rather I think profit taking should in my own opinion be base on price. As an investor one of the main factors in any successful investment is simply when to take profit, yes the best form of investing into bitcoin is simply to hold for a very long term but while waiting I think you should already have target price when specific profits will be taking.
For example the take profit of bitcoin around $200k price can be triggered or not triggered this year, in terms like this imagine profit target hitting this year then there is no need to actually wait for the year to reach before taking profit. It should simply be base on a price target and one shouldn’t allow the euphoria of the market sometimes stops them from taking profits
if you are saying that taking profit in bitcoin should be base on prices that means you are missing things up, because the last time I checked people who normally take profits base on price are
mostly traders
not investors who are holding for long term, as an investor profits taking
should beare most base on time
(long term holding)and price, because the longer you hold the more bitcoin price increase with time and you will be in massive profits, less take a break and look into the price history of bitcoin and imagine how profitable those who bought bitcoin back then, less say in 2015 and hold onto it till this year 2025.