[edited out]
The take away point here is your point about selling or trading/gambling on shitcoins to buy back more Bitcoin. While the intentions behind this decision could be seen as good, that doesn't change the fact that this is not only the highest level of gambling but also not an Bitcoin investment/accumulation strategy. This approach often involves trading/exchanging your Bitcoin for another asset, often with the hopes of benefiting or making more gain from the market's short term movements, which can be very dangerous for investors, especially those who are relatively new to Investing...
Yep. Ongoing accumulation through buying techniques assures that the BTC holdings are always getting larger even if the cost per BTC may be getting higher or lower depending on if the latest purchases are higher than the average costs per BTC or if they are being carried out at prices that are lower than the guy's average cost per BTC. If a guy is truly focusing on trying to accumulate more BTC then the cost per BTC would be preferred to be lower, yet at any given point, a guy cannot be sure about if the future price is going to be higher or lower, yet since the bitcoin price trend is up, there is decently likelihood that the BTC price is going to continue to go up and if a guy's investment timeline is long enough, such as 4-10 years or longer, the it is quite likely that at those future points down the road 4-10 years or more after any additional purchase of bitcoin, that the bitcoin will cost more than the then purchase price. No guarantees, but surely continues to be a good thing to ongoingly consider that the odds for ongoing up in the BTC price has good odds of happening even though there sometimes end up also being extended period of time in which the BTC price is down, and those periods of extended down have been opportunities to buy more bitcoin, even though we have tended to not know in advance when they would be coming and/or whether we are in such kind of a period at any point in time.
What many people do not really understand is that investors have all the time in the world to accumulate Bitcoin, so there's absolutely no need trying to move too fast, Bitcoin is a long term game, and the best way to approach Bitcoin is through consistent accumulation through the DCA strategy, it doesn't matter how small or large your DCA amount is now, the DCA is a flexible approach, which means there'll always be room to make future adjustments in your DCA amount, so I don't see why investors would be so much in a hurry to reach a "fuck you" status within just a tiny space of time, this will only push them into making impulsive decisions on an attempt to reach their goals faster.
We cannot say what someone's time line is in advance, and surely there can be reasons that a person may want to advance his investment timeline, yet from my perspective it still becomes difficult to justify turning a bitcoin investment into a trade by having a timeline that is shorter than 4 years, even though surely there have been people who have profited (in dollars) in terms of their trading bitcoin, yet the dollar profits of the trader end up being quite a bit lower than the one who just hung onto the investment and accumulated it rather than fucked around with trading and shorter timelines in their investment into bitcoin.
So yeah, if a guy lump sums right away from the start and then just sits on his investment then he could wait 4-10 years or longer to see where that lump sum amount is. Many normies are not able to lump sum, and even if they are able to lump sum invest into bitcoin, it may well make sense to supplement their lump sum with ongoing buying of BTC through DCA and/or buying on the dip... so if they employ strategies that are other than making an initial lump sum investment, then they will have various purchase times in which some of them are newer and some of them are older, and so the earlier investment might start to mature, in terms of being in a 4-10 year or longer timeline and others might be more recent.. yet even guys who might have had been accumulating bitcoin for more than 4 years, they may well see that their earliest of BTC purchases are tending to have had been for BTC prices that are likely no longer ever attainable again so there might not be any major incentive to sel those bitcoin but instead either to just let them ride or to continue to buy bitcoin, depending on how many bitcoin they might have had accumulated over the prior 4 years.
There likely is nothing wrong with wanting to try to get rich quick or to get to a point in which our BTC holdings are in great profits, yet there still might be some questions about whether we had accumulated enough and questions of whether we had been buying enough bitcoin during those earlier times in which the BTC price was lower relative to the current price.
Using some sort of leverage or any other financial tools could indeed amplify potential gains, but this could also turnout to be a major pitfall as it can potentially increase the risk of significant losses. It's important to completely avoid using this particular strategy as it is not considered as a buying or accumulation strategy since it carries more risks and is also very complex to adopt.
I agree that the deployment of various leveraging tools or financial instruments are adding additional risk, which means that the chances of losing becomes greater. So we have an investment called bitcoin that is already great on its own, and so guys might add leverage and financial instruments to try to amplify their upside, yet at the same time, they end up converting an investment that already has great odds of upside into a loser, so in that sense we can look back at bitcoin's history and see that there would have had been no way to lose money as long as the person was erroring on the side of accumulating bitcoin and/or holding, yet some folks still did find ways to lose and they also found ways to underperform those who merely just errored ont he side of accumulating bitcoin and holding. Trading also fits in the category of a way that folks figured out ways to either lose money or to underperform the ones who errored on the side of accumulating BTC and holding.
Additionally, how an investor chooses to manage their cashflow is very important, as it says and contributes a lot to their overall investment strategy. A very good way to help mitigate the impact of expense and income fluctuations, too much emotional decisions and calculation mistakes is through building and maintaining a solid Backup fund. With a well structured and effective cashflow management, investors automatically put themselves in a better position to come up with a better strategy to effectively navigate through the complexities of investing in Bitcoin.
There is going to be quite a bit of variance in the kinds of income and expenses that any of us might have. Some folks have a lot of discretionary income, and others hardly have any discretionary income, and some folks might come to bitcoin and already be in a situation in which they have a lot of backup funds and resources, and others do not have any of that, so if they do not purposefully build and maintain some cash cushions (back up funds) they are going to potentially put their bitcoin investment at risk, especially since to merely live they ongoingly have expenses every month, so they need to have enough money coming in to cover their expenses and if the money coming in shrinks then they might ONLY be able to cut their expenses so much and contribute to their having to draw from their various back up resources, and surely if anyone thinks about their various options they may well want to hold their most valuable assets without spending them, so spend from their less valuable assets and/or currencies first, which surely bitcoin should be considered as an asset that is not spent from and that we may well be wanting to save it from being spent from, but also to continue to build it for 4-10 years or longer until it might get to a size in which we might consider that we might start to be able to spend from it to replace our income or to supplement our income.
So yeah having good cashflow management systems/practices could help us to keep building our bitcoin holdings and/or to maintain our bitcoin holdings, and back up funds can also help to assure to smooth over the times in which our income might be lower than our expenses and so that we can either continue to build our bitcoin or at least that we do not have to tap into our bitcoin in order to cover our expenses during that period that we might be still building it or even that we had not gotten tto a stage of spending from our bitcoin, yet.. back to the need for time to pass before we might be in a position to start to be able to feel comfortable spending from our bitcoin.
There are some guys who believe that they can spend from their bitcoin as long as the bitcoin is in profits, which surely is a low standard and even an erroneous standard to fail/refuse to recognize bitcoin in such low standard kinds of ways.. and so yeah, they mistakenly fail to continue to accumulate bitcoin and/or sell too much too soon and maybe never really get to a point of being able to profit from the likely continued compounding effect of bitcoin that is not guaranteed but it is still something in which guys may well be way better off to be spending from other fund sources rather than spending from their bitcoin...and surely back up funds and cashflow management can help to lessen the chances of guys having to spend from their bitcoin during periods that their income might be less than their expenses.