Well i would like to know that this not the time to sell rather we should focus more on continuous accumulation of bitcoin rather than merely getting profit out of dollar since dollar does dont store value
Well it is a personal choice. And it is your funds, you can do whatever pleases you.
But and sell is always involved in the investment and trading. Assuming you bought as the rate of $16k and $20k and now it is $100k and after this period probably from next year it would go back to $30k or below. Who lose? Investment is all about calculation. Oh Yes bitcoin will definitely rise to $400k but if you sell it as the time of $100k and buy back at the time of $30k who make the profit? And when you rebuy, you can keep it for as long as you want until the price hit your target. But if this bull is not your target then you can still continue hodling it because it is your investment and you know what you are doing. Good luck for the investment.
It seems you are losing track mate, are you looking at bitcoin investment from the short-term point of view or what? If you were very much interested in gambling with bitcoin rather than actual investment, then you should be having this discussion in the trading board and not here. Here we are having meaningful discussions about how to build your bitcoin portfolio as an investor and not gambling with it which is actually what I sense you are doing. Seems you are seriously campaigning for trading bitcoin in this thread and it is not welcome. Your information is positioning bitcoin as a short-term investment opportunity and it is wrong.
Bitcoin is an investment that should be approached with a long-term mindset and you would agree with me that if you were buying $500 from the time bitcoin was $16k monthly which is arguably January last year, your investment would be worth over $30k by now with the price appreciation and it is also very wrong for you to approach bitcoin accumulation with price consciousness. Your focus should be on your accumulation target and finding ways to make more discretionary income available in order be more aggressive with your DCA and to reach your target faster.