Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
For some people with good technical analysis skill, selling bitcoin maybe an option. They will buy bitcoin back at lower price when they sell it because they can make prediction on market. But for me, i dont have good technical skill, my option is just hold it and hope price will recover.
You're right, maybe those guys used a short term technique in terms of investing here in bitcoin that we could buy and sell. It's just a simple strategy but need to be keep in monitor, so that they'll get the right timing either to buy or sell their coin. And in your scenario, I guess you used long term investment and that also a very effective way because bitcoin is much preferred in long term investment. Since this is the very first crypto currency and we know how far it reach its value.