This is when you can be able to identify those investors that there focus is basically on Bitcoin price monitory and also making use of short term investment too, because they have seen the price of Bitcoin is increasing, so we should always have it in back of mind that more temptation on the increase of Bitcoin price are yet coming, and this is period that every investors should emphasize enough patients on his/her Bitcoin investments not to allowed anyone to convince them of selling off their Bitcoin, so it is best not to sell now because of the increase in Bitcoin but wait when there is much value in market price.
Investors who has been accumulating Bitcoin since 2016 or below can still sell out little of Bitcoin holding if need be because they have been accumulating and holding bitcoin for a long time it's not wrong if they won't to see small of their Bitcoin while those who hasn't gone far with their Bitcoin accumulation shouldn't even think of selling or wait for the value to increase before they can sell no since such people are still in their early stage they should concentrate more buying even if the price of Bitcoin keep adding values until they have gotten enough Bitcoin portfolio or has been accumulating and holding for a period of 4-10 years and, the DCA strategy is there to help accumulate Bitcoin gradually regardless of bitcoin price and hodl.
Absolutely agree with this perspective. Long-term holders who started years ago have every right to take some profits it’s smart portfolio management. But for those just getting started, this is the time to focus on building, not exiting. Bitcoin isn’t just about price today it’s about vision over years. Stick to your DCA strategy stay consistent , and let time do the heavy lifting.
A long-term investor that are selling now are maybe those individuals that must have reach their over accumulation stage whom must have accumulated for over 3-4 cycles or more because I don't think a real Bitcoin investor who has not reached his target will be selling instead of accumulating and HODLing to build up his portfolio for a better future profit which will be a million times better than now, or maybe he/she is selling because of health issues who knows and having no other options but just to sell off their Bitcoin to solve their pressing needs, but even at that selling at once or in large quantity is not a good idea, instead you sell little quantity that will be easily replaceable when the need or time to replace it arise.
Investors are supposed to be investing more than selling at this current price, no matter how profitable it will be to you because selling any amount and wanting to accumulate later is more of a set back to your investing.