It is good for every investor to set a target timeline to which his/her investment journey should last, but in my opinion, it's not necessary for investors to set a target timeline of when their Bitcoin investment journey should last because it's likely to make some investors become over aggressive in accumulating Bitcoin so that they can meet up with their investment time, and at the end they will end up selling their Bitcoin investment too early. We should just be accumulating Bitcoin without setting a timeline so that we won't be under pressure to meet up with our timeline and end up getting out of the game.
WhatWhy should someone target period they will stop accumulating
when it comes to atheir Bitcoin investment especially when
it not the person
isnot that it saving funds to purchase a car or house? In this case, it's a Bitcoin investment, and it can be a continue even lifelong investment.for example, when someone reaches a point of accumulation and realizes they are already in profit, that might be the time they consider selling some of their Bitcoin and funding certain projects. However, this doesn't mean you need to sell all your Bitcoin at once and start flexing with the funds.That is not the best way to approach investing.As someone who believes in Bitcoin, I honestly don’t have a specific target like, This is the period I want to stop investing.” My goal is different. I have the mindset of holding for the very long term. It's very possible that I’ll only take profits from time to time and redirect those gains into other investments.