Quote from: Umulala-alala on Today at 11:24:00 AM

Quote from: Tonimez on Today at 11:05:34 AM

Taking profit from your bitcoin stash is not wise enough when you are supposed to be investing more instead of selling. Bitcoin still has a higher potential of which selling off now to take profit is very risky. You may not be able to reinvest at any lower price immediately except you've decided to quit bitcoin investment. The longer you hold, the better chances you have. Bitcoin's volatility is not only downward and it's becoming more positive than negative.

A new investor or newly investor should concentrate on how to can buying more bitcoin from his discretionary income by regularly using the dca method, but there is nothing wrong if an investor who has gotten to his over accumulation stage can choose to take some profit from his bitcoin hodling so been unwise when it comes to taking some profit from your investment depends on how much bitcoin they have stash.

If we consider value appreciation then it is best that taken profits from investment should not only be talk about in terms of how much Bitcoin any one have but also have to talk about the longevity of duration the investor has held his investment, I have heard so much about allowing investment to have a compounded value over time and this can only be achieved if the investment are allowed for longer period of time, my point in essence is that taken profits does not just depends about how much of Bitcoin they have, those that have good financial ability can accumulate good size of Bitcoin within a short time frame of about 2 to 3 years which is not even up to a Bitcoin cycle of 4 years which 4 years is not even good enough to be considered a longer period of time and that doesn't mean they are good to take profits based on the size of Bitcoin they have.