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).
This practice is bad and should not be supported especially in a thread like here where there are many newbies and potential investors who are seeking information on how to go about Bitcoin investment the right way and not make mistakes. If we support people to sell at the sight of profits with the hope of buying them back, a lot of them will run into problems which will eventually cost them pain at the end of the day. Why should we support short term buy and sell when holding for long is the right way for better profits and more peace of mind. If we encourage more people to adopt the DCA method of accumulating Bitcoin and holding for long term like a decade and above, we will see more successful, rich and happy Bitcoin investors in the future. I think we should focus more on this than anything.
I think trading BTC certainly won't be detrimental as long as we use a dedicated trading fund. Using a dedicated fund will certainly make us more comfortable. For example, if we buy BTC at $120,000 and then, after buying it, for example, if it drops to $115,000, we certainly shouldn't sell it until we've made a profit, even if we wait four years. So, I think the biggest pain in BTC trading is using money they can't afford to lose. If you use money you can afford to lose, you'll usually feel calm, even if it's just trading. Those who consistently encounter difficulties and losses are those who consider trading a side hustle. So, of course, it depends on how we manage it.
However, I agree with you that it's better to invest long-term and, of course, continue buying BTC using the DCA system. This will make investors more comfortable, as they won't always be looking at the BTC price chart in the market. And of course, just waiting more than 10 years will bring us closer to seeing higher BTC prices and, of course, profit. So, of course, when compared, I think they all have the same advantages, but the important thing to remember is not to sell BTC when you're experiencing a loss.
And honestly, I personally always trade and invest in BTC, and DCA hasn't stopped yet.