2. At what point do you sell your Bitcoin, Convert to cash, and wait to buy 20 times as many Bitcoin at a much lower price, say something like 1000 dollars ??
Not only me When someone realizes that the price of Bitcoin may fall and he has Bitcoin holding, then he/she decides to sell Bitcoins and waits to buy again on the dip. But I never do this unless I am confirmed that the price of Bitcoin will really go down . i was bought 1 bitcoin some month ago and i am still holding that bitcoin .