Hi all
Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)
Your thoughts please
Well, you are describing Bitcoin trading. And sure, if you can pull it off, you will have more Bitcoin than you sold. But if the price keeps going
outup, you will miss out and have less Bitcoin, should you decide to buy in again at a higher price.
From my experience, the profits are higher when you don't let yourself get left behind by selling prematurely. But I am not here to give you any financial or investment advice so you have to decide for yourself.
I personally will continue hodling.