For sure, you (UnDerDoG81) seem to be inspired to sell based on emotions and possibly greed rather than logic.
Good luck with that.
Seems he has no clue about how the market works and simply relies on the price movement rather than logics behind it, no doubt most persons come to the bitcoin market only during bull run.
Glad, you share insights on this.
I surely have no problem with guys who sell BTC in order to shave off some profits along the way, and they can surely figure out how much profits to shave off in accordance with their own circumstances and they should be able to be happy either if the BTC price goes up or goes down after they had shaved off their profits.
I do have some issues when guys are selling with a belief that they are going to buy back cheaper.
But hey, people can do whatever they like, yet I am going to surely do my own complaining if guys are selling with an expectation to buy back lower.. which seems like gambling rather than investing.. and also the reason that they are questioning themselves is because they perceive themselves as not having enough coins... and from my thinking the better (if not the best) of ways to get enough coins is to buy more rather than to sell and expect to be able to buy back cheaper, which may or may not end up working out (hence the gambling label).
edited out
It is a correct notion to think that most people come to Bitcoin during bull runs and FOMO in and that in fact shows that price movement and emotion are intrinsically linked.
Thus you need to do the opposite of the emotive crowd.
In which case I'm not so sure UnDerDoG81 has it wrong necessarily.
We have seen many cases in which we are waiting on X, now the halving, only for that to turn out to be a big old nothing burger and we just slide down.
"Logic" tells us that with the massive ETF inflow and the halving we should see 100K.
But it also won't surprise me that we first dump and get to 100K next year instead.
For sure, we are all going to have potentials for being emotional about our bitcoin, so then there can be questions regarding how to deal with the likelihood that some aspect of the emotions might be coming from being over invested - but it still does not make sense to want to sell in order to buy back cheaper.. that seems to be more of a greed and/or gambling tendency in which UnDerDoG81 is getting worried because he is thinking about a play in which he is trying to time the market and to just play one direction rather than either direction - which seems to make matters worse rather than better.. at least from how I am seeing it.
The better situation is to figure out how much you are going to sell and at which price points, and figure that whatever you sell you may well never be able to buy back and to be able to live with that result and to accept it. Not going to stop people from their desire to gamble, and I have nothing wrong with gambling either as long as we might go into it realizing that we are gambling with an amount that we are wiling to lose.