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The age-old debate on the moment of making cryptocurrency benefits has reached a fever ground, the investors divided between two radically different philosophies which could determine if you build wealth or look at it disappear overnight.
Feisty-Rhubarb-6718 from the Reddit user recently triggered intense discussion When he shared his hard learned lesson: “It is never bad to gain profits.” After looking at significant gains evaporating due to greed, he now defends having obtained partial victories along the way. “The market owes me nothing,” he said, stressing that leaving the table with something beats moved away empty.
His approach represents “the state of mind of traders” – the sold of parts of assets during gatherings and the redeployment of capital elsewhere. But this strategy aroused fierce criticism of Bitcoin’s maximalists who consider any benefit as fundamentally defective.
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Bitcoin purists argue that the visualization of the BTC through a traditional trading lens completely lacks the situation as a whole. They compare Bitcoin to a 401 (K), where the objective is not to “withdraw” but to spend the richness accumulated in retirement. From this point of view, Bitcoin represents the financial freedom of traditional banking systems, its market trajectory constantly exceeding inflation over time.
“Any withdrawal unless for a necessary expenditure is a stupid decision,” said a Bitcoin defender, highlighting the philosophical fracture between the treatment of crypto as a trading vehicle in relation to a tool for preserving the long -term wealth.
This state of mind has historical support. The first Bitcoin investors who maintained several boom-bust cycles have often experienced exponentially better yields than those that made profits during intermediate gatherings. The difference between a 2x gain and a 100x gain can be a richness that changes life compared to the modest profits.
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The debate goes beyond philosophy to practical considerations that many investors neglect. Taking profits triggers immediate tax implications and exchange costs, while resetting tax clocks of capital gains. Meanwhile, the emotional assessment of the “sale of panic” during market slowdowns can lead to bad timing, even when he has technically made a profit.
