I agree with you ,it is wrong to be buying and selling bitcoin when we are still in our early phase of bitcoin accumulation instead of to focus on continuous accumulation of bitcoin.buying and selling bitcoin to me is pure trading and not investing
It is actually quite simple to understand something like that because when we know when to buy Bitcoin, of course we ourselves must also know when it is appropriate to sell Bitcoin again for a certain purpose that we want in this life. But if it is only limited to trading with Bitcoin, I think there will not be so many benefits that can be obtained by someone who does it at any time. Because price fluctuations can also affect the level of profit of people who do it so that the option to put it into a long-term investment is still much more feasible than just buying and selling it again in the near future.
Only if anyone needs money urgently then he can sell some of his bitcoins but otherwise there is no point in selling your bitcoins only because you see that the market is dumping.
Exception to this can be that you think that the Bitcoin Bull market is over and then you want to sell at the top but still it's hard to find the Bitcoin market cycle top.
It would be a shame if someone sells their Bitcoin just because they need cash quickly, especially now that the market is down and that is a big mistake even though it is their right because it is their Bitcoin, but something like that should be thought about and planned in advance so that whatever the reason even though it is a sudden need, the Bitcoin they own is not touched at all. Therefore, it is highly recommended for those who make long-term investments to prepare or set aside money from their income, in addition to setting aside to buy Bitcoin periodically, they should also set aside money for an emergency fund and this is not only for the long term, short or medium term must also be done in order to get greater profits when reaching the target and if in the middle of the journey there is a sudden need in terms of finance, the emergency fund is the support. And it is indeed difficult to know or predict the peak of the Bitcoin cycle because the price will continue to rise even though the decline always occurs but in the end it will reverse direction and even exceed its highest price, but that is not the real target because they will only sell if they are satisfied with the existing profits, and of course the profit is an extraordinary profit.