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In this case, your goal setting will play a big role. If your goal is 1 cycle or 2 cycles, then you can definitely take profit after achieving the goal if you want. However, the way you mentioned this in the opening line is very confusing.

Basically, we cannot interfere with the goal setting of any one person. Holding Bitcoin for 3 or 4 cycles would be commendable on my part. In this case, if your goal (one cycle or two cycles) is not very long-term, then it is not such a wrong step that you are taking. You can call 4 to 8 years a long-term investment. In this case, no one should have any hesitation in taking profit if your goal is achieved. However, no matter how long-term you plan, I think selling the entire portfolio after achieving thegoal will not be the right step or it will not be very effective or fruitful. If you completely exhaust the wealth that you have earned through long-term hardship, you will definitely regret it later. Even if you take profits gradually instead of selling outright, you will continue to profit from it for a long time and your hard-earned wealth will never run out. Even if you can diversify your investments and create alternative investment areas, you will continue to profit from them, which will be fruitful for your next generation as well.

I love how you fitted your words in this post, it doesn't matter what your goals are, be it short term goal or long term people Should have an alternative investment plan, it's always advisable to hodl for a long term achievement.
One can create more sources of income so as to allow you be able to invest your coin for a longer period of time without being in any unpleasant situation that will make consider pull out your investment.

I don't agree with you because in bitcoin investment, it is important to think long term because that is where the peace of mind is and the assurance of good profit too. If you don't think long term from the beginning, you will not approach the investment properly because your will be hesitant to see profit within a short interval of time. This can result to panic sell and all manner of things you should avoid as a bitcoin investor. To avoid this situation, you should think long term from the beginning so your decisions will be in that direction.

In addition, I don't want you to dwell so much on this diversification because it appears that you are encouraging people to shift some of their funds to shitcoins just because one want to make alternative investment. Bitcoin is just enough as an asset for investment so the idea of alternative investment does not not resonate with me a lot.

You're missing the point I'm just saying incase your plans Is for short-term goal you should also make plans long term investment goal, I'm not encouraging anyone to diversify into investing his or her funds in any shitcoin or whatsoever just for them to make an alternative plan for their investment.

This thread is about bitcoin investing, and so what is your point about alternative investments? or alternative place to place value rather than talking about bitcoin? Potentially bitcoin and dollars (or other fiat that guys might have), and sure in this thread we are talking about investing long term such as 4-10 years or longer?

How is talking about (or potentially preaching) that there is supposedly some kind of need for an alternative, even relevant? and why is it even needed?

One of the ways to prepare for possible negative bitcoin scenarios is based on position size, and so if you are super skeptical about bitcoin then maybe you would choose a smaller position size while you are learning about bitcoin, and perhaps if you never overcome your skepticism about bitcoin then you might choose to discontinue your investment into bitcoin, which surely many of us would think to be a bad move or a bad idea, yet surely some folks do end up abandoning their bitcoin investment and not everyone can come to bitcoin with a longer term investment timeline, such as 4-10 years or longer.

I am not even proclaiming that a person needs to have a 4-10 year investment timeline for bitcoin to merely get started, yet hopefully anyone coming to bitcoin considers that bitcoin is likely to be a better long term investment rather than something to try to trade or to gamble.. meaning that anything less than 4 years would likely be considered a possible trade rather than an investment.

You seem to be wanting to talk about some topic other than the topic of this thread, so maybe you should explain what you mean by alternative? and/or how the consideration of some kind of a supposed alternative is related to this thread?

You're right about bitcoin being a long term goal investment of probably 4-10 years and that anyone coming to invest in bitcoin should put his or her mind in the long run and not on the short term, but on the alternative I was just saying that because of people that can't handle the long term and sees bitcoin as a way of trading instead of an investment, They should also buy and hodl for a long term achievement.

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