Every investor must set a target timeline to which his/her investment journey would last actively before thinking of a possible sell, with this in mind, such an investor creates or build up funds such as emergency and reserve funds through his discretionary income to enable such investment plan been achieved. An investor who fails to plan, already plans to fail. A set plan of targeted goal towards such an investment will serve as guide and road map to a successful Bitcoin accumulation process..
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.
Every investors will choose a strategy that they want because it's their money but the thing is that it's not every strategy that is a well thought out one for Bitcoin investment. Having a target timeline to sell is a choice but if you want to be very profitable in Bitcoin you'd hold for the very long term like 8 to 10 years or much more. No need to worry about a timeline to sell because it can be a distraction, you'd be flipping your calendar and doing countdown to sell time.
Personally I believe that the best strategy on when to be selling should be during retirement, also leaving some for responsible inheritors. With this in mind you'd just be buying and hodling without worrying about the perfect target timeline to sell. So far you have active discretionary funds you'd keep buying and when you get that lump sum you'd buy aggressively.It seems that if anyone considers themselves a life-long investor into bitcoin, then they would need to spend 1 to 2 or maybe even 3 cycles accumulating bitcoin. They might develop some kind of a formula to figure out if they have enough bitcoin or more than enough bitcoin. It can take a while to get through the accumulation stage.
Is it possible for an investor to invest for life? Although he considers himself a lifelong investor. His portfolio has grown more than he had expected, what is the goal of his investment? Even if he sells some of his investment, the rest will remain. Is it even possible for an investor to invest for life? Although he can get a lot of profit from his investment. And he can also survive inflation. But as he gets older, both his life and investment will be at risk. If he dies, will that part of his investment not go to waste? Or will he be able to tell anyone in his family about his investment and wallet?