This is a system of Bitcoin. The Bitcoin prices go up and down, that is not a unique thing. This is the best time to sell Bitcoin and when it will go down so buy Bitcoin. This is the system of Bitcoin and cryptocurrencies.
Anyway, Bitcoin prices are like a peak of mountains. Let's see that Bitcoin price goes down in October or not.
I would consider this the worst decision or advice this year. we are 2 years into bear season and it is almost over and there is no reason for us to sell our bitcoins now. moreover, what do you rely on to be confident that bitcoin will fall again to buy bitcoin? if you sell it now and the price doesn't decrease but continues to rise, what will you do? Would you sell bitcoin for $27k and buy it for $30k? Anyway, Bitcoin prices are like a peak of mountains. Let's see that Bitcoin price goes down in October or not.
Yes, no one can predict what prices will be like in October, but there's also nothing to say prices will drop. the idea of selling now is a bad idea if you are only selling out of fear and not because you need the money for an emergency.
This is why selling right now is a terrible advice and nobody should listen to it, it doesn't make sense at all. I get that we are going to end up with something that will hurt on the long run, but it is not going to be easy to make a gigantic profit, so the waiting period could be hurting some people but it should not be all that important at all.