However, at the moment, you're right in everything you say. But at the same time, some people will always not go for the best bargains. You will find people go on saturday evenings to buy expensive pizza on a gas station, while they could've bought it for almost half the price during the week in a normal super market. That's also pretty stupid, but people still do it.
Indeed.
I don't really mind they sold though, more coin for the strong hands.
Just wish I would have had some fiat to buy around $55.
Less coin for the poor hands!
Having had the wish you stated I nowadays seldomly am "all-long" (I currently just about am, but that's because we just had a dip)
I usually sell some bitcoins on the legs up to catch the dips down to the 18 day EMA or so. Worked like a charm this time (I was out with friends and couldn't trade, but had my buy orders around 55). While this is less profitable than just holding on to the bitcoins in such a crazy bull market that just keeps rising, it has 2 positive effects:
- It adds liquidity (on the way up I sell (keeping things more reasonable), on the way down I buy (catching the knife))
- It gives me (at least a feeling of) some security (lessens my fear of a crash and also the damage)