I might not be right on this, but hear my opinion and what I've learnt so far l, I dont think the problem here is selling our bitcoin to get more bitcoin, but it should not be on our list of strategies as eaely investors, cause when we are trying to be smart about thigns and trying to take advantage of volatility
Well, you made your point and it'sactuallya good one. Fine, it's a strategy and we definitely have somepeople practicing this but it's not a good one to be precise and thank God you know it's a gamble because volatile market like Bitcoin are not easily determined on a short term basis
You end it well though!
Even if it is said to be a strategy and there are still those who use it but i don't think it will be too worth it because indeed if something like this is done i would say that it would be a trade not an investment and indeed trading and Investment cannot be equated in the end.
There are some strategies that are better than doing something risky like that because even though there are some conditions that require us to be more aggressive in doing something but that doesn't mean we have to sacrifice a big thing for a situation that we can't even control.
When bitcoin is sold then it is not ours and it would be unfortunate if indeed when selling and expecting a bigger decline it will backfire on themselves.
That is why we must have a good initial plan because when the decline arrives we can buy with the funds we have prepared beforehand instead of selling the bitcoin we already have.