The Bitcoin market fluctuates a lot, but when there is a big dump in the Bitcoin market, many investors may panic and experienced investors consider this dumping as a discount and hold it for a long time for high profits. However, many experienced investors think that when there is a big dump in the price of Bitcoin, buy it and then sell it when the price increases. So that you can increase your half and make a bigger investment with that money so that you can do it for the long term.
They will be making a big mistake if they decide to buy and sell then buy bitcoin again when the price goes down. Technically for you to do that you have to time the market by buying low and selling high but that is not a good way to go if you are long term investor. Timing the market is a wrong approach, and two things can happen if you decide to do that. You might sell your bitcoin too early or worse, buy back in at a high price. Before you decide to make that kind of move consider this. What if the dip never comes the way you expect, for instance you bought thinking it is the dip, and the dip kept on dipping more and more. I've seen people lose huge money form their investment because of these practices I wouldn't want anyone to make the same mistake. I believe everyone should know why they are into bitcoin. If you want to be a trader, then go along and become one it is by choice and abide to the guidelines to be a successful trader but if you say you want to be a bitcoin investor you must as well follow the right process if not you will lose as an investor. An investor should hold their bitcoin for long term. By holding long term, you don't need to sell because you want to buy the dip, you just keep holding till your maturity date which can be 6 - 10 years. As at then you might have been wise enough to know you don't really need to sell off your bitcoin rather some portion while you keep holding and stacking more.