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.

Yes, I might have illustrated the cost of selling early, which had happened many times in Bitcoin's history. And there are a lot of lessons to learn, maybe we can call it a trap. Like traders selling at X price, then expecting a price drop, but the price keeps rising. And by the time they've notice their big mistake, and FOMO kicks in, but still refuses to buy back at higher price. Like selling at $20k in 2020, waiting for $15k that never arrived. Or the greedy, the condition is perfect to buy, it has met their criteria as it retrace to their sell level as they hold it out for lower prices. Waiting for $50K after selling at $60K, only to watch it rally to $100K. That's why it's really best to look at long term value of Bitcoin. Holding thru cycles is the only consistent strategy. I don't know the numbers, but I believed that holding consistently has outperformed 99% of the trading strategies. There are a lot of benefits more than ever from holding long term, like countries seeing it as national reserve, institutions are inside, and then the majority of us here, the retail investors = higher floors overtime. And for gamblers, the longer we hold, the better odds we got.