Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Silikiem
on 11/09/2025, 02:54:30 UTC
Quote from: Guccho on September 10, 2025, 08:11:48 PM
Quote from: SOKO-DEKE on September 10, 2025, 07:01:51 PM

Quote from: SPIDERMAN008 on September 09, 2025, 01:23:32 PM
I don't think the mentality of selling Bitcoin after the price increases has anything to do with long-term investment. Because the price of Bitcoin can increase a lot even within 1 year. This does not mean that you have to sell Bitcoin if the price increases within 1 year. This can never be a long-term investment strategy. The price of Bitcoin fluctuates a lot, but after a long time, its price becomes several times higher. That time should be 4 to 10 years or more. As a result, real profits can be made by investing in Bitcoin. Therefore, it is necessary to get out of this mentality of selling only when the price increases and follow the complementary approach that should be adopted to continue investing effectively for 4 to 10 years.

Those sets of people who have the mindset to sell their Bitcoin at any increase in price just to make profits are not investors — they are considered to be traders. It is only traders who never focus on building their portfolios properly or trying to meet their targets, but instead, constantly think about how to take profits.I don't believe any true Bitcoin investor should be thinking about taking profits when they haven't even reached their accumulation stage.

As for me, since I started my Bitcoin investment journey, I haven't thought of selling my Bitcoin to take profits even though I can see that I've already made some profits. And the point is, I haven’t yet reached my target accumulation.Trying to sell now just to take profit feels like a trap to me, because doing so would weaken my motivation to continue building my portfolio.
Yeah, Long term investing in Bitcoin is about patience and portfolio growth and not short-term gains. Selling every time the price spikes turns an investor into a trader and that thinking is difficult to reach your accumulation goals. The true benefits of Bitcoin arise from holding on for several years, to let the compounding effect of price growth work in your favour. Staying disciplined, not being bothered by short terms and focusing on building your portfolio piece by piece is what separates long term investors from those who chase quick profits. Your approach of waiting until you have your target accumulation is the exact way that sustainable gains are made.

I agree with you quite alright, but where I’m getting it confused is to the part you said long term investment is about portfolio growth because there’s a possibility that an investor can grow his portfolio within a period of one year or less, should that be the case then it still might be putting the person in the level of long term investor and this might go a long way to misleading newbies only to grow their portfolio within a short time and they might feel fulfilled that they’ve invested in long term and might want to sell off having noticed a little profit in their portfolio.