quote author=JayJuanGee link=topic=5487753.msg65038103#msg65038103 date=1738957153]
Anyone selling bitcoin to buy back lower  (especially around $110k) sounds retarded.  The best way to accumulate bitcoin is to keep buying.  Another thing is that it can take 4-10 years or longer for anyone to even come close to accumulating a large enough stack, so it also seems retarded to sell bitcoin after 4 years and to treat bitcoin as a trade, unless you happen to be old or you have health conditions that you need the money.

If you build your BTC holdings and hold more than 10 years, then you are going to most likely be in a better place to engage in sustainable withdrawal where you are selling to live off of your bitcoin rather than fucking around trying to sell BTC to buy back cheaper.   Sure, if you have reached an over-accumulation status, then you could sell some of your extra BTC, but it tends to be a bad idea (like gambling) to sell bitcoin with an expectation of buying  back cheaper, especially if you have not yet reached a status of over-accumulation.[/quote]

Well said sir jayjuanGee , selling your Bitcoin with the aim of buying back cheaper ain't smart at all ( though you may Think it is a smart move to make but it isn't), because you can't actually tell if the price will dip or not , you may endup selling but at the end you won't be able to buy back  cheaper as you anticipated, investing in bitcoin  different from trading with your Bitcoin , if you are the type who set his mind for long-term holding in Bitcoin you would be able to invest in bitcoin with the right principle and be patient enough to accumulate till you hit the point of having more stacks, rather than trading with your Bitcoin.