Why? Because day trading loses money
I agree largely with that. But I'm not suggesting day-trading with ACtM holdings. Not at all. I'm just saying that when price is swinging by 40%+ per day and you have 1.4k BTC to convert
you need to pick the right time.
We are talking differences of up to $500,000 when converting 1.4k BTC at a price of $600
or $240
We can't know for sure where the price is heading. The only thing true of Bitcoin price
so far is that over the long term it has traditionally increased. So by taking the only true thing about the Bitcoin price
so far and using that to establish: "Lets only sell when we have to" we have the most
safest way of maximising the value of those coins. Even though selling high could make us $500,000 more. I suggest that risk is not worth the gain, because the chance that holding ends up the better choice will be more often that not.
The above is just based on my observations.