With bitcoin as well rest of the altcoins every dip is an opportunity to make an investment. Very few make use of this while majority of the users just keep hold of the assets for the bull trend. To make a good profit out of bitcoin it is a must to move along with the market than just holding focusing on targeted growth.
Very true but basically trading seems tactical unlike any other making scheme because when you're not getting a verified information about the market trends, it tends to disrupt the process of you gaining profits talk more of investing in the long run. Though long term investment are sure jackpots so buying and hodling can be a very taunting decision to make.
The truth is that, there are two type of holding which includes the long term holding and also the short term and what typically matters is that we achieve our set goals at the end of the day.
Considering how bitcoin moved from $80k to over $100k in few days or weeks, you’ll agree that, someone might buy bitcoin with hopes of making 20%, regardless of how long it will take despite’s the volatility of the market, what this very holder is focused on, is achieving a 20% return and the moment this goal is achieved, it’s at this point, not really a bad idea to take profit or set another goal and as much as holding bitcoin for long term seems safer, that should not mean that, we shouldn’t make use of good opportunities when they present themselves.
There is only one type of investment in Bitcoin, and it is called long term investment, and anything you are doing that is not a long term investment is trading, or you are looking for quick profit in Bitcoin. The example you show in your post about someone buying bitcoin at $80k and selling it at $100k to make 20% profit is a clear understanding of someone who is not investing in bitcoin because the person is only concerned about the profit he will get when Bitcoin rises to $100k and he sells his Bitcoin without thinking about what the price of Bitcoin could be in the next 4 years and how much profit he could make if he holds his Bitcoin for a minimum of 4 years.