There are some investors who try to make profit by selling small targets. This is not bad
I think it is really bad and shameful for someone who calls himself an investor to sell his bitcoin holdings for a small target of short profit. As a matter of fact you don’t refer to such persons as an investor but rather they are referred to as traders because such mindset is a trading mindset which is not really encouraging and also misleading especially to the newbies as it will translate such mindset to them also. Selling for a short term gains isn’t a good investment strategy or mindset, you’ll be thinking you’re making gains but the end product is a total loss, if you sell now for the short term gain, and probably you want to accumulate later you might be buying bitcoin in a more higher price even more than the gain you think you made earlier and if that happens, you are already at a loss. I’m sure most people who sell when bitcoin hits $90k will be regretting now. The best is to accumulate persistently, consistently and hodl for the long term goal.
You're very correct about this Idea of taking profit from bitcoin and it's implications. The most difficult part of this who matter is that those people involved in bitcoin trading can never believe they're wrong and they always argue that they understand bitcoin very well and can tell when price will rise and speculate it's fall too. Bitcoin volatility has no rhythm nor pattern and happens anytime in any dimensions. There's no total gain in collecting the supposed profit since your next investment may collect even more money than you have made.
If you gain today and loose the next two days, it's all a loss.
As someone who is still on accumulation stages why should we be talking about profit, we should be more interested in accumulating Bitcoin now and focusing on building a portfolio for a long term investment and to hodl our Bitcoin, because right now I think we’re very distanced from over accumulation and we should focus on stacking Bitcoin on a weekly basis or monthly basis depending on when we’ve our discretionary income.
Well think people who should talking about profits are people who have been holding for a full complete circle or have been able to complete two circles, minimum of 5-10 years, then we could even think of having our profit and that isn’t even all our bitcoin we should be considering. At this point of my accumulation stages I should be thinking more of accumulating more and holding my bitcoin more.