Re: Buy Buy Buy or Sell Sell Sell?

Anyone who understand the concept of bitcoin investment will never be tempted to sell his holdings whenever there's a massive increase in the price of bitcoin. Even if they will be tempted to sell due to one or two reasons but not to the extent of selling all thier bitcoin investment, As a bitcoin investor is advised to sell some portion of your holdings and then allow it to compound upon itself or keep accumulating more bitcoin to enable you fill the missing space rather than selling all your holdings and start fucking around or looking for a way to start building back your bitcoin portfolio, because the price might get to a certain point where you will be thinking on where to start from and this can probably make you lose interest in bitcoin investment.

For some persons they might actually sell the entire bitcoin for a particular reason, which I'm not holding sway for them, the reasons can be for health sake or for other contingencies that they may face, this is the reason why we are saying every investor in Bitcoin should have discretionary funds and emergency funds that can help absorb some of their immediate needs, because suppose you have all of this funds put together, I don't see any reason why anyone should sell their entire portfolio because of a sudden price increase and start coming back to start building another portfolio, except if the individual doesn't understand the core concept of holding or they just want to play around Bitcoin without being futuristic with their plans, which for me is a red flag.

I believe that this is the part that is overlooked by many of the new investors. There is a short term inclination in selling everything because the price is pumping. When it comes to Bitcoins, and you reckon that you have any competence of what Bitcoin is all about, then it is only rational to take out what you require leaving the rest to multiply. It is important to have the rainy day savings as you will not need to dip into your other investments when life deals a blow. The entire sense is that you should give time and scarcity to yourself. Individuals who continue to jump in and out are left with regrets most of the time. The difference between the smart ones and the others is holding with purpose and planning.

That's the point Buddy,we cannot continue to eat our cakes and have it back . Some investors are fonds of dipping hands into their bitcoin portfolio with the mindset that it will appreciate back, that's bad. Such an investor is not helping his investment to grow in anyway. Tampering with his stash shouldn't be his last resort even after every other option has failed.if he has a good management plan and better cash flow,he wouldn't be thinking of tampering with his stash in the first place and for whatsoever reasons. I think this where his Emergency funds and reserve funds plays a critical role when situation rises to protect his investment from bad occurrences .An investor Bitcoin stashes shouldn't be tamper with rather it should be held for the longer term as it could also serve a greater purpose after retirements.

Let us be sincere to ourselves there can be reason why an investor can tamper with his stash and not the way you are making it look like, it has been a good and encouraging practices of ensuring the provision of an emergency funds and reserve funds to be made available for their specific purposes for anyone investing in to Bitcoin and if it happens that it is a health issues where they must have make use of their reserve funds first followed by their emergency funds and the issues still remain unsolved and they have completely gone out of the back up funds then there is nothing wrong tampering their with our Bitcoin at that point in time, you can't completely say it is wrong to tamper with our Bitcoin for whatsoever reason.