If you state a confusing sentence then other guys should not be blamed for focusing on that statement.
Just think about it.
You are not really saying "it is never a bad idea to take profits," since you are saying that it is not a good idea to take profits before you have reached overaccumulation.
Whatever you are saying, you said it in a confusing way... so guys are going to respond to it.
Well said Jay, no one is above mistake, even I too do make mistakes and take corrections whenever I'm being corrected, sometimes one can mean a good thing but state it in a wrong way and it would definitely attract corrections from several people here who know the right thing, even though they're aware it was an error they'll still point out your mistake cause it's misleading, at that point the best thing to do is admit your mistake and learn instead of trying to prove a point without clear facts.
We know that many guys get caught up on profits, and they screw up their whole bitcoin investment because they are overly focused upon locking in profits, and many times they might have been able to compound their profits but instead they end up taking mediocre profits..
Think about the guys taking profits in 2016 and early 2017 between $500 and $1,500
or think about the guys taking profits between $2k and $3,500 in mid 2017.
or think about the guys taking profits between $9k and $17k in late 2020.
or think about the guys taking profits between $25k and $35k in mid-to-late 2023.
or think about the guys taking profits between $55k and $65k in September/October 2024
And likely you will also be thinking about the guys taking profits between $90k and $110k in late 2024 and even at various points in 2025.
Of course, we don't know the results of this last piece yet.. but some of those guys are likely already regretting their having had taken profits between $90k and $110k... but we don't know yet.. since it is still possible that BTC prices dip back down into the $90ks.. yet newer guys in their first cycle or two of BTC accumulation should probably be focusing on accumulating bitcoin through persistent and ongoing buying rather than fucking around trying to figure out if there might be a dip or not.
Also, when stating some thing people need to be specific, it's not like taking profits is very bad but the time at which it's done really matters, you don't just take profits cause you've made little gains or maybe you started investing at a point close to a massive bull run like during the halving season and made lots of profits whereas you've not even invested for long period, it would always come with regret as you said Jay and people should note that the time at which profit is taken really matter and the amount we pull out of our portfolio matters too, investors should know when to pull out and right portions too and if an investor is still early in their journey then nothing concerns the person with taking profits regardless of whether they've made gain or so.
If our investment doubles before our time limit ends, we can withdraw some money from our investment and enjoy it. But even if our time limit ends, selling our entire holdings would not be the right decision. Because I think the price of Bitcoin is still in its infancy. The price of Bitcoin can increase a lot in the future. So if you sell your entire holdings because your time limit has expired, you may regret it later. So it would be best to withdraw the amount you need and keep the rest of the holdings.