You may sell your BTC during the bullish period of, which may be a sign of good business. Now you bought again at the time of low market, here you stayed with Bitcoin and increased the profit margin.
I disagree with this strategy because it is for those who are in bitcoin for short-term profit. Secondly, this strategy will make you miss out on bitcoin if you sell it for short-term profit because you will have a price where you would like to buy back your bitcoin, and if bitcoin fails to dip to that price, you can't buy back your bitcoin. You have to change your mindset to long-term holding on bitcoin because it is through holding that you can get the real profit.
Plus the person is only giving himself an opportunity to MAKE A MISTAKE. Those people that tried, only a few actually did that successfuly. How many people in the topic could actually say they can always do it perfectly? I would say that they are the most profitable traders in Bitcoin Land. If many people claim to have such great skill in trading, I would ask what are you doing shit-posting in the topic? We're mere plebs who are here to learn from each other.
