I am still doing the same work that i have mentioned in this thread and continuing my investment strategy with putting weekly funds into bitcoin and now prices are also someway low so getting some extra sats for the same.

What type of achievements you are referring to? If you are saying about how much btc i have accumulated then you could find it in the @OP for all the details are mentioned over there but if you are talking about some others then please clarify.

I will publish all the profit generated in single report after 6 months time period to have an accurate idea about the profits that i have made over these time periods.Will surely share all such report with you all to make you realize the importance of Bitcoin investment through DCA strategy and why many prefer it over one time investment.But still you can say i am in profits at this time because at one time i bought them for $30k also and now they are $60k so have an idea until then.

Holding is hard on the way up and on the way down, and seems to me that the harder part for many comes after they feel that they have sunk a decent amount of value into their investment and then the BTC price dips way below their costs and maybe even stays there for a couple of years.  I had very long periods of nearly 3 years that some of my BTC were below the cost of purchase, and I even had periods in which my overall investment was only worth about 30% of the value that I had put into it... so those kinds of periods can be even more difficult - and they likely would be worse for someone who may have overinvested or even taken out debt. 

The amounts that you depicted so far in this thread do not necessarily seem to be high enough to even cause as much concern.. but surely also a lot of these kinds of considerations are relative too, in terms of other investments that you might have or even if you have all of your investments tied up in bitcoin, which might cause nervousness too.. and maybe even more nervousness the longer that you are invested and the more that you start to feel loss of value with the BTC price going down. 

Of course you have a right to your own perspective.. and I suppose that there can be some euphoria being in profits, too.  There do seem to be more options when you are in profits, even if it may well cost more (relatively) to acquire more bitcoin (less bang for the buck when the BTC price is higher).

You have been able to hold for more than 3 years and now you are able to make huge profits. This is actually a psychological challenge. When the portfolio is declining in a bearish condition, there tough to keep holding mentality at that time, and Investors fall into serious psychological challenges.
In most cases newcomers face such problems, the experienced ones do not care about such types of regular pumps and dumps.

I believe we should also plan for the possibility of losing money and knowing when to stop because it is not always profitable. If there was a dump , we should be prepared. Same as target profit, you should also choose your stop loss, which should be equal to the amount of money you can afford to lose in the event of a dump, just to be prepared and ensure that you will survive. However, you are correct in that making a profit may occur sooner rather than later due to the fact that cryptocurrency is extremely volatile and, in some cases, extremely fast.

The second person should have enough conviction to keep buying BTC, too.... So if he had bought some BTC at nearly $20k, he continues to DCA buy on a regular basis when BTC prices are below $10k and maybe even when BTC prices spend a considerable amount of time below $6k, then he brings down his overall cost per BTC... and hopefully, he did not blow his whole wadd at $20k and over invest and since we were down below $10k for a large part of time of the subsequent time between early 2018 and mid 2020 there were a lot of opportunities to both buy below $10k.. but just to buy at whatever price was happening during that time to continue to accumulate BTC.. whether that would have been $10 per week, $100 per week or some other amount that the buy, HODLer, accumulator, could prudently put into his stacking of sats(BTC).

Such a great journey man.  These days the price is so volatile that you really need guts to hold for even 4 months in straight row! I mean I keep buying and selling as I get the chance. Like if I see if I am in slight profit then I would just go in the market and sell it out. Later on I will keep buying when the prices are down, from the same money that I sold earlier. This just gives me small drift ahead but not as much as I could end up in doubling my investment.

I think one lesson is good from your investment plan, we should keep buying at different rates no matter what and keep storing the coins. The more I am scared the more I loose I guess?

Because just look now, you acquired 0.028 bitcoins which are worth more than those all four months at the yesterdays all time high. 

Each of us need to judge whether selling some portion of our BTC is any kind of good idea, especially if our goal is to acquire more BTC.. so in the early years of being in the process of BTC accumulation, there is a kind of need to just be buying BTC through the three main techniques of DCA, lump sum investing and buying on dips, and really you should just get selling completely out of your mind as a strategy to accumulate more BTC.

Once you reach a status in which you have a lot of BTC or you are greatly in profits, then there may be some prudence in considering including selling (small portions) of your stash in order to off-set volatility or various other goals that might not be directly aiming at accumulation but instead merely balancing your wealth in ways that are reasonable and prudent.

Each of us need to assess our own personal situations in order to figure out where these various lines might be in terms of how far we might be in accumulation stage or if we might also be overlying a kind of accumulation/maintenance stage, and surely I would not proclaim that it is prudent to keep too much of your wealth ONLY in BTC - especially once you reach a certain level of BTC accumulation and there might be some problems if you do not own other assets or currencies because of real world matters of expenses and just benefits of diversification of wealth - even if BTC might well be the best of the long term performers and prospects in terms of investing, it can serve folks quite well to have a decent amount of short term expenses covered whether having cash flow or trying to manage and maintain BTC holdings when they start to become way too much of your wealth balance... if that situation develops after 4-10 years of investing into BTC. 

By the way, if you are mostly investing with spare cashflow like OP suggests, it could take several years (4-8 years or more) to even reach points in which there are considerable profits or justifications to start to engage in some selling of your BTC in order to manage your BTC holdings and your overall wealth and allocations.


You are pretty vague in your comment CDC AP. 

One of the best ways to get into BTC is to start with some kind of reasonable level of DCA while you are studying the space... whether that is $10 per week, $100 per week, $1,000 per week, or some other level that you find to be reasonable for you and your situation.  As you study the space you can decide whether to become more assertive and aggressive towards your investing into it.. so probably in the beginning you might error on the side of reasonably small before becoming more assertive/aggressive.  Many of us are going to learn a lot more once we both formulate a kind of plan and begin to execute upon it  and then we can expand our exposure or the various ways that we are involved in the BTC space.. and there are surely a lot of things that can be learned and it can take a very long time before becoming more and more comfortable.. we have a decent amount of people involved in bitcoin for many years and do not really understand bitcoin very well or even NOT having had create a plan that is very tailored and customized to their individual situation whether that is merely balancing personal finances or maybe involving business finances that they might also want to expose within the bitcoin space.

Good journey and will be an important history for your life, buying bitcoin has made you profit, if you have more money of course will buy again, and this is a good example for me to dare to take risks by buying bitcoin and of course be patient to hold, already There is plenty of evidence that buying bitcoins is always profitable.

So we are down again and for some it's time to panic sell because the bubble might burst anytime but for the long term holders and DCA investors like me this is a great opportunity because you are going to stack more sats at this time which in turn are going to give out more profits to your total investment.If you think of becoming rich overnight then it's not possible and holding requires patience and your strong mentality.

So just HOLD for long term and it's going to recover soon as bull mode is starting..