Quote from: Minor Miner on Today at 08:26:19 AM

Quote from: RaraAvis on July 21, 2025, 09:07:32 PM

I am thinking of selling to then buy back.

If you want to take profit and are satisfied with the profit you have made, you can sell at any time. But if you think you can optimize by selling high and waiting to buy low, you think you are smarter than the market and things will work out as you think. I want to say that you are wrong.

The strategy of selling high and waiting to buy low is not a secret or new, but as you can see, not many people dare to do this, especially long-term holders. They must have had their reasons and they knew for sure that things wouldn't be that easy.

There are many people who think like you, but most of them have to buy bitcoins back at high prices because there is no guarantee after selling, price will decrease. So as a long term investor, optimizing is a bad idea. As a long term holder, continue DCA if you have the money, otherwise just hold.

Thank you for your take. Believe me I don't think I am smarter than anyone and anything and I also have done it before and learned my lesson. But at the same time I lived through many corrections without taking advantage of them - this is what I am saying.