Not everyone can be pleased about long term holding. It is for those who kept believing in Bitcoin for the long term no matter where the market goes.

That is what I do as I kept believing that BTC would finally break through after doing DCA for most of last year with my extra “not beer” money. I bought them somewhere between the $30k to $31k during my first 2 months and then between $19k to $23k after that.

I did not swap my BTC to USDT when things gone southward as I kept holding to it and eventually it paid off. Not all of us are lucky and fortunate about keeping our BTC for long.

I also allocate some of that to ETH as well, but I have made a bad decision for keeping it in a hot wallet that is vulnerable to hacks and ended up getting drained.

As of today BTC is about to climb to $38k so it is really parabolic right now. If the bulls cannot keep up the new support level and crashing the resistance, then most likely we would be losing momentum thus a gradual correction.

A bitcoin investment is not a two-month or one-year investment. Long-term Bitcoin investment pays more than short-term Bitcoin investment, which is why you should use the money you are not in need of anytime soon for Bitcoin investment.

Many people invested when Bitcoin was in its early stages and got huge profits, and I am sure some of them are still holding their Bitcoin or some portion of their Bitcoin.

I understand you that people could have sold their Bitcoin when the price hit its ATH, but remember, Bitcoin has potential and the price is unpredictable, which is why they cannot know if the price is going to drop below that then, but if these same investors keep holding their Bitcoin, they will surely gain from it because of halving next year.


It is a good suggestion for people who have little faith in Bitcoin. Although if you feel insecure with the price movement, you can sell or set a sell limit, the best thing to do is to sell some portion and keep holding some.

I really would not blame a newbie for not knowing the right time to buy BTC. Or knowing how long to maintain a HODLing investment for best profit. Afterall, that's why they are called newbies in the first place.
Since there are also not so many known broadcast channels where legit crypto signals is given out,  it would be hard for new BTC investors who are so motivated, to ascertain the dip or tell the distinction between bullish and bearish seasons respectively.

Anyone investor should be left to try out their best strategies and stick with the one that pays best. This is how pro traders and whale investors are made.

Holding should be throughout more than one halving cycle...additionally, it should be after an entry that is made over a longer period of time. Your example uses specifically those who entered exactly at the all time high of the last cycle. Of course if you enter then, it could be around 4 years before you see break even figures again. Though if you gradually enter strategically every week or month over a 1-2 year period after the halving peak has passed, you might see a much more pleasant result in the 2-4 years following.

Dollar cost average your entries, restore liquidity during halving peaks to take some profits at peak prices, use liquidity to dca after the peaks from halving, repeat. This is a multi year process.

When it comes to the world "long term" then it would really be that depending on someones preference yet there are ones who would be talking just only for 6 months and there are ones who do talk for 1 year or a couple
and there are those people who would be talking until the end of time.  Therefore, when it comes in talks about profit taking then it would vary and there's nothing we can do about it but i do agree on the fact
that there should really be that profit taking thing specially when its already peak of the bull run. How to determine? There's no way on knowing but it would really be pretty darn obvious if we do speak about
price peaks and as long you do already get that profit then cashing or selling it out is never been that a bad idea.

Just like on what most people been saying that profit is always profit and this what matter the most and dont make yourself getting left again by the train.
If you've been here able to witness those bull run times then it would really be that impossible that you arent really that wary on how things works.
You shouldn't really be making yourself dumb or careless this time.

Dude, that's why predictions and technical analysis are required before buying an asset or bitcoin itself. Of course, if the investor decides to buy bitcoin, he or she should consider or do analysis before buying and do long-term trading. Long-term trading doesn't mean a guaranteed profit, and if you do long-term trading, the trade still has downsides. That's why equity is important for a trade. Long-term doesn't mean it should take years; some investors choose to let their assets sit for years. Maybe because they don't have anything to do with their asset or they just choose to hold their assets there, trusting bitcoin, but of course it's the call of the investors. Yes, it could be a disadvantage, but there are different meanings for investors in the long term. Also, short-term trading is very risky. That's why it will all depend on the situation and how the traders do their thing.

Those who buy Bitcoin at the ATH will only be at loss if they sell below their buying price, and let's not blame them, I believe they bought Bitcoin because they believe the price will rise even higher, if such thing happened to me I will keep the Bitcoin, and when a new low happen like the $15,000 then I will start Buying Bitcoin again, by 2025 they will make more money still, and their old Bitcoin will return to it's old value that it was in 2021 and I believe Bitcoin will surpass $70,000 this time so its still a win win situation.

This is why it's not good to always invest when there is high greed in the market, when people are rushing to buy Bitcoin it could already be too late, and when people say no to Bitcoin could be the best time to start buying, I learned this trick the hard way but I thank the almighty that I am still standing high today.

Many new crypto investors don't know about Bitcoin but they only worry about how to buy Bitcoin, it's their own lack of learning that make them buy the top when they should be selling, they turn themselves into old investors exit liquidity.

Aside from that, people who have bought at ATH might not have enough experience during bull run. Without the idea of the possible pullback and from what level, or getting FOMO as they see a post, or someone says that the Bitcoin will reach a higher price. Due to their fear of not having the possible profit, they end up buying at the highest price.

Many crypto investors experienced this during the previous ATH, some have already sold their holdings because they can't hold for a few months or years until the price of Bitcoin increases. They might think that Bitcoin is an easy money-making scheme and that if they invest, they can make a profit easily.

I think that as long as we have a specific investment plan, we can use either option. I also bought at a higher price but then I cut loss and bought back later at a lower price. Thanks to that, it helped me quickly recover my capital and even make some significant profits, but if I hadn't cutloss and continued to hold, I probably wouldn't have made any profits during that time because that's all the capital I have. So I think it depends on the person and how much capital they have. We should not be too rigid with a certain method but need to be flexible to optimize our investment portfolio.

Two contradicting threads at the first page, quite unusual. I undertand the points the OP made, I think the best approach would be to spend some of your bitcoin when you can exchange it for more goods (in the era we live in, we still buy in dollars most of the goods). But this is not easy at all, and when fomo comes, it is not easy to keeo your head cold