Hello all members here.
I want advice from all veterans here as what best strategy can be for BTC selling. I want to sell at every pump and buy on every dump. How can one make sure he does not lose it.
What if 4 years cycle is not here this time.
What approach one should get here.
Thanks
The strategy you mentioned is more like trading and always trying to buy when market is dip will really delay your Bitcoin accumulation journey I don't know how long you have been holding bitcoin but if you just started accumulating Bitcoin in the past 2 years I will advise you not to sell but keep accumulating Bitcoin and HODL, why waiting for the dip accumulating is not a good strategy is that it will make you miss or market opportunities what if bitcoin did not dip your probably not buy? Wrong approach you can start accumulating Bitcoin using the DCA strategy with this strategy you can be accumulating Bitcoin regularly weekly or monthly regardless of the price of Bitcoin and HODL for long.
Both would be viable, in fact. Of course, you would probably get a better, average price with DCA, but it depends on how long OP is going to hodl and what is his target. Some search for dips and corrections and buy in lumps, and that's fine too.
But DCA, of course, is the most stable option regarding the price, surely.