Well selling some percentage of my investment to even buy more may not be a very bad idea... While we are preaching buying and keeping we also need to know that the future is not promised. Nobody is guaranteed of being alive in the next 10 years - fate decides. In the meantime my investment strategy is buy more and sell less... When the future finally comes, I'll have more than enough bitcoins to leverage and in the present I take advantage of every good enough opportunity.
How will you be selling your Bitcoin investment and still be trying to buying more Bitcoin? Which kind of idea is that? If I should even ask, why did you decide to sell some percentage of your Bitcoin when you know you want to accumulate more? You are trying to be smart, but you will get it wrong if you start using that idea.if you sell your Bitcoin, you may not see the opportunity to buy back at your target price. In fact, I would say that you are trying to turn into a trader with that idea you may hardly grow back your wallet. As an investor, buying and selling is not always the best approach,rather, it’s about accumulating over the long term before selling. And again, if you don’t need the money, it is not necessary to sell after that long run of 5-10years.
This is why I keep saying those who wait to buy the dip are mostly traders cos majority of those who buy the dip, buy it to sell when the price bumps and that’s the mindset of a trader. In as much as buying the dip is a known method of buying bitcoin I don’t see it as a strategy for long term accumulation. It is only a great opportunity to add to one’s portfolio at a cheaper rate.
Tho I don’t blame those who buy the dip to sell, we’re all in this to make profits whether long term or short term, But long term goals is more profitable than short term