2. It is wrong to take profit and abandon it on fiat currency, that’s going from an asset with a store of value to one with devaluing characteristics.
I’ve seen a lot of persons do this and they seem really okay with it to my amazement. The narrative from their view point is that, they received the coins at a particular rate and rather than see it lose value due to volatility, they rather retain its value in fiat. Good for them but, they truly don’t understand what potential they have in the coins (Bitcoin) they continue to sell.
4. lastly Buying Altcoins are not diversification means so do not take profit from bitcoin to buy Altcoins.
I don’t seem to get your view point here,
How is this not diversification? Is that because it’s still having to invest in a coin, like taking profit from Bitcoin to invest in Solana or diversification only applies by your go text when it’s an entirely different field.