It is problematic for a person to believe that he can sell bitcoin and buy back cheaper rather than just accumulating bitcoin on a regular basis through buying only.
The thing there is those guys who believe that they can sell their bitcoin investment and buy back cheap are just funny guys who still lack knowledge and understanding about bitcoin investment, because bitcoin investment doesn't work that way. It Will be better they keep accumulating bitcoin on a regular basis through buy only and hold than even thinking of selling to buy back cheap. selling their bitcoin investment to buy back cheap is just another Risk on it own, why because bitcoin may end up not dipping to the extend they are expecting it to dip in other for them to buy back cheap, which they will still end up buying back bitcoin at a higher price and still end up regretting why they even sold their bitcoin investment in the first place.
Sometimes I try to understand these people who practice this and I kinda feel they might not be wrong in their own rights… you know we’re all in it for profits, and even the small gains count if it becomes a regular strategy.
People who are eager for quick and fast money are usually the ones who do this, they are short sighted and are not in the long game cos they lack patience. They are traders and it’s in their nature to want to make gains quickly, so I don’t want to say it’s all wrong move, so long as they’re making profits and their buybacks is always on a price lower than they sell. The problem is the risk is higher with this practice and you have to be looking at the price chart always (hourly, daily).
As you have made mentioned short terms gain or trading comes outs with stronger and higher percentage of risk through careful planning and strategy, Ultimately, whether a trading strategy is sometimes right or worng it depends on the individual goals, risk tolerance and market understanding, if it might interest you to consider the different approaches to trading and investing and how individuals weigh the potential benefits and risk. Pulse newbies investor nowadays fined it difficult to understand that short terms trading strategies often comes with higher risk, requiring close monitoring of price charts and market fluctuations.