Then I think we should separate those mindset from each other, anyone that is thinking in terms of wanting to buy low and sell high is a trader and doesn't value bitcoin or understand bitcoin or even investment, there should be a process to everything and not just any news that pops up and you are in a state of panic to see of your holdings or even worse watching to know when to sell, and mind you no one is saying that selling is a bad thing but the issue is that selling too early is not the best approach to bitcoin cause you are inevitably missing out on the best part which is to own Bitcoin
Most individuals are just in for short-term profit only by trading with their bitcoin and stuff which ain't encouraging, such people are just wastiht some valuable resources , due to the aim of wanting short-term profit. And most time they usually forget the risk in it . Like fot instance whenever a longer-term investor experience any dip in market, instead of being in the state of panicky he or she will to it as their advantage to purchase more. While a short-term holder will quickly sell to avoid dips, with the mindset of cutting losses . And you can't compare the profit of those that are holding a better or huge quantities in their portfolio to those that normally trade with their Bitcoin .
Anyone who's interested in Bitcoin and has already learned about Bitcoin investment should know that he/she can not go further without having an emergency funds, and it won't be better if an investor takes bitcoin investment to be an emergency funds
Taken your investment as your emergency funds, shows that one ain't ready to hodl for long . Because in order to secure a better Bitcoin investment one should have some discretion funds, that he or she won't need for long time, to hodl Bitcoin.
The other mindset here is those that are thinking in terms of accumulating bitcoin and not been bothered about the price of bitcoin, if you are still so early in bitcoin you should be less bothered about the price or news surrounding bitcoin and focus more on buying bitcoin, cause at the end of the day its only those that have enough bitcoin that can really make profits from selling bitcoin
Exactly, you on track mate . But don't forget even those that have enough, selling all your holding ain't still a smart move but rather taken some profit would be pretty good ( for those that have enough Bitcoin stashed ).
