selling bitcoin at $108k in other to buy back cheap when it dip depends on how long you have hold unto your bitcoin investment if you have hold your bitcoin investment from 4 years and above and you sell in other to buy back it's good less take for example now, less say you bought bitcoin around 2015 when bitcoin was between $150k and $500k if am not mistaken and you sell when bitcoin was $108k it is good investment.
As long as you didn’t sell at loss, then it’s a good investment, when you invest in bitcoin, even if you don’t make so much profits then it’s fine, what am always after is that we shouldn’t sell at loss.
When guys make this kind of assertion, It always seems to me that they came to settle for less which is quick profits in their investment and not for the greater profits that comes from the compounding effect of bitcoin price appreciation over time, surely what you have described here is trading and a real investor should not pay any attention to taking profits when his holding period has not elapsed, nor subject himself to emotional manipulations that might arise from the volatility of bitcoin. It is still possible that you take the little profits and the next minute, bitcoin price surges and you would be trapped in waiting for a negative price correction which might not come and you either buy back in loss or quit investing because of your own carelessness
just like what we saw yesterday.
A practical example from yesterday, those that sold might be unpleased seeing the current price movementI believe each person has an intention that brought him into bitcoin, and if that intention is to secure your financial future, then the investor should focus strictly on his ongoing accumulation journey with consistency and dedication without taking little profits which may likely introduce a trading mindset and end up jeopardizing his continuous investment journey.