The goal is a buy but cycle especially for ones who are not long in the investment. A newbie who is focused on watching market swings is not getting it right. Bitcoin at 78k even though it didn't spend a lot of time there, but how many accumulated more bitcoin at that price?? Sometimes panic is the only enemy one can have.
surely i understand every point you have made so far, every bitcoiner has their motive which could be for short term / long term investment and also traders. people must fall into one of this categories and we can not deny the fact that they chose what they like. sometimes panic is not the only enemy one can have but greed. greed is the enemy of man or moreover the propelling force that lead to panic and selling too quickly. without greed there wouldn't have been panic anyway.
You may sell of and never return to buy when the market sets up again.[/b]
that's true though but not in all cases, if surely a person sold bitcoin due to panic and bitcoin rise so surden continuously above the price the perso sold, then the person will need to buy again but in high price. now the high price will be the penalty of his impatient. lets say bitcon was $80k and fell to $60k and the person sold do to panic at $60, and later realised that bitcoin has reached $160k, such person can still buy again at $160k meaning he will need to double the amount he sold before to buy now. meanwhile if he could have waited or left his investment intact, then he would have made x2+