Re: Buy Buy Buy or Sell Sell Sell?

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.

Yes, and short term gains is just like gambling per se, and it looks like you are just gambling the hell out of it. Just look at this scenario,

2017: Sold at $10K? Missed $20K.
2020: Sold at $20K? Missed $69K.
2024: Selling at $90K? You’ll miss $250K+.

So in any case that 3rd scenario is hit in today's current bull run cycle, then short term investors are going to regret the potential profit. You just have to hold in the last 4 months or so and you will have that biggest ROI. And from what I've learn, the biggest regret here are always by SELLING, and not holding.

By now, we should 'believed' that Bitcoin should be hold long term, look at the bigger picture.
And for newbies, don't believed on the 'get rich quick scheme', those who believed it in? - they usually go broke.

Your three examples are ok in order to argue your point, yet there are even better examples of guys selling at various points in which the BTC price had gone up a lot in prior times so then they sold a lot if not everything with an expectation that the price was going to drop back down, but instead the price continued to go up and then the price never dropped back down below their sell price at sufficient levels to motivate them to buy back, and there are even examples where the price does drop back to or below their levels and the dumb (greedy) trading twats are too greedy to buy back because they want even lower prices, which do not end up happening.

Those examples vividly shows the potential challenges associated with market timing and the dangers of making decisions based on expectations of short term fluctuations. Those investors who go ahead to sell off their Bitcoins just after a significant price increase, thinking that's the highest it'll go, only for the price to keep on going up, they'll definitely miss out on substantial gains. And if the price refuses to come down and continue to increase, it can be particularly frustrating which of course will make them realize what a costly mistake they've made.

The other scenario where the price actually drops back to or even below the price they sold, but the investor still fails to buy back due to greed, is also something that we see all time among investors who attempt to time the market or make decisions based on short term reactions of the market, and this behaviour is mostly caused by FOMO and combination of emotions, also potentially leading to missed opportunities and of course regret.

These scenarios show the importance of having a well thought out strategy and also sticking to that strategy, and not jumping on every single price fluctuate. When investors develop and adopt a more disciplined approach, it'll help them better navigate the complexities and potentially ups and downs of the Bitcoin market and also avoid common pitfalls.