My apologies for my misconception of BLSH for a strategy, its more of a principle than the later.
So, looking at the market of recent and the behavior of traders in the market lately, can one really say that, this principle is been observed because if yes, i don't think there would have been all this ATH buys still occurring rather regularly and again, Tstar pointed out something that requires some answers which is,
Today I bought under $50k, plan to sell at around $56.7, and then to repeat.
That is not a strategy that is your hope.
Unless you can explain with some analysis why the price you bought at is considered "low" and why the price you plan to sell at is considered "high", you are gambling.
At what point or under what circumstances do you consider BTC to have reached its low, what are the clues to this conclusion or prediction.