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.
let me come in with my own understanding concerning bitcoin investment and the threading of Bitcoin so the two things are very different but they have the same risk measure so in this aspect I will say that bitcoin investment is something that used to do with a risk and they trading of Bitcoin is also a risky measure, so anything that concerns bitcoin is all about risk both the trading aspects and also investment aspects of bitcoin, the thing that's important in Bitcoin is to know exactly your objectives or what you want in bitcoin, so with that you can know your direction, but aspects of risk, everything about investment is all about risk and you most take a risk before you can become successful