If you invest in bitcoin with the motive of selling it when the price get to a sating level it then mean you are a semi trader, and you are the gambling at the same time, you are not an investor, because a real investor we keep accumulating bitcoin and hold unto it for long period of time, 5 to 10 years or more depending on your target, because every investors must not have the same target and the same mindset when it comes to bitcoin investment.
If you buy bitcoin and decide to hold for 1 to 2 circle do you also consider such person as a semi trader? Because holding for that long period might be for different purpose but making profit is always part of that reason, for that 5 to 10 years period a holder can actually have a speculated price in mind where he picture bitcoin to be at that point in time even if it don’t get their or get above that expected price, holding for long does not restrict the investor from having a selling price target.
It is best to hold Bitcoin for as long as possible before selling it especially when you hold large amount.
It is only the small holders that would be anticipating on selling part of their Bitcoin especially when the price of Bitcoin has increased to a certain point. Those who understand what it means by holding will not even bother about selling to make little profits and buying buying back when price goes down. Holding Bitcoin is always profitable in a long run and it's good when you hold for at least two circle so the price might have gone high above the level you bought.