I dont mind saying mistakes, lots of people sold early because it was far more irregular back then. I like to think I've learnt a bit or gained experience. In any case BTC has to circulate and it is a positive its being used, traded. Tons of people mined BTC back when it was more home user and sold it, with electric bills that was quite normal to do.
Your explanation sounds more of trading to me.
To defeat your enemy you must know your enemy, thats as succinctly as I could put it. But its better I defer completely to Sun-Tzu
Im not recommending trading, I wouldnt do that any more then recommending the next horse to win a race. There is a parallel in trading and gambling I agree, but people do want to discuss the market direction and I think that is fair to discuss and whether people act with conviction to buy more or less is upto them. I agree people should be doing DCA in growth assets & I would have agreed with that strategy even before BTC was invented.
Majority of people wont be good at trading, if BTC is a bull market - it is, then there is a higher danger of missing out elevated by trading. Iam interested in trading but nobody should be betting they are correct with all their BTC, its such a volatile market that would be very difficult to achieve .
Many people sold their bitcoin because they did not fully understood or grasp the potentials of bitcoin and the unique qualities compared to traditional assets ( Gold, silver, Real Estate stocks & bond etc). Bitcoin being the first of its kind ( digital currency) was an assets entirely different from others. It's decentralised nature made it different because it not determined or controlled by third party, the ability for transactions globally without a third party.
Trading is not an option especially for individuals with investment intentions, because of its too volatile and challenging. Buying and HODLing bitcoin is regarded as the best approach when it comes to bitcoin, it has lesser risk especially when using a DCA strategy that is more comfortable to use in investing in Bitcoin.