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.
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.
The trader who want to make profit should try to buy the bitcoin at the low price in the market.Because the market will not the stable one,based on the demand the price of the bitcoin will increase and decrease.The dump in the price will help the trader to make huge profit in the trading by buying at the low prices compared to the price at the bull run or pump in the price of the bitcoin.The trader should understand the process need of time,the panic buying or selling will not help the traders to make the big profits.Their was huge difference between making the profit or making the huge profit from the same trading.
The trader should allow the market to react for his trading,because trading at the hurry or panic will leads to a loss in the trading.The early investor of the bitcoin are making the money in the bitcoin now.Because the price of the bitcoin had crossed the 70k mark in the recent days,but many of us know we wait huge time for the price of bitcoin to reach the 10k dollars.The trader should analysis of market for atleast one month before investing the money in the bitcoin.