Market sentiment is changing and Bitcoin is always associated with volatility, so it is difficult to say in this process that only holding it for the long term will yield profits or maybe it's not even possible to say depending on how much Bitcoin you've accumulated and how long you've held it. Holding for the long term is definitely a broad-mindedness for investing but if you have enough Bitcoin and are aware of the market situation there may be a chance to make a profit, because of the rapid rise and fall of the market even if you have a portfolio full of Bitcoin no distinguished investor can guarantee a profit.
Try not to be confused about Bitcoin, you are a senior member, I expected you to know better that the way Bitcoin is wired, it is more beneficial to hold a little bit longer because since Bitcoin is an asset that appreciate in value overtime even common sense will make us understand that as time passes by, it value is going to increase and you that is holding it, is going to make more money.
I'm not at all confused about Bitcoin investing everyone who has some idea may already know about the greatness and importance of Bitcoin investment.
Market sentiment is changing and Bitcoin is always associated with volatility, so it is difficult to say in this process that only holding it for the long term will yield profits or maybe it's not even possible to say depending on how much Bitcoin you've accumulated and how long you've held it. Holding for the long term is definitely a broad-mindedness for investing but if you have enough Bitcoin and are aware of the market situation there may be a chance to make a profit, because of the rapid rise and fall of the market even if you have a portfolio full of Bitcoin no distinguished investor can guarantee a profit.
In all you said what sense are trying to make, are you advising that since profit is not also guaranteed in the future that it will a good decision for any investor to take any available profit, although I don't really get the point you are trying to make, I believe you know the history of bitcoin, with your years of experience in bitcoin and the history you've followed have to ever heard or see bitcoin fail to appreciate overtime, from the day bitcoin was created till now, hope you know that there has been a good progress, $100 and $123k and some fractions we got to was then a big dream for all bitcoiners, as a matter of fact some investors never expected that 2024 will be the year that bitcoin will hit $100k but where are we today, @just Say, bitcoiners are smart thinkers, the performance overtime and the history of bitcoin investment is the reason why we believe in what bitcoin can become n the nearest future so it is better to hodl bitcoin for a long-term period of time, I will not want to be mentioning the range in which an investor is expected to hodl bitcoin but we should atlest hodl bitcoin for 3 or more cycles before we can talk about anything and it will also has depend on how substantial our hodlings is.
Actually I am not giving any advice that could confuse any new investor as I am just trying to point out that even if we have enough Bitcoin if sold at a low price, there may not be any potential for profit. Therefore besides investing, understanding the market situation may become very easy for investors, especially as they become more involved in investing. Bitcoin's price is associated with high volatility, which is something we should consider when we have enough Bitcoin and want to let it go. The main point was to say that even if you have a portfolio full of Bitcoin, you should be careful when selling it. Generally, the amount of profit is the same in all cases, that is, what remains after subtracting the purchase price from the selling price is the profit, i.e. the success of the investment.