Hi all
Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
There is plenty of time to buy Bitcoin right now, never think about selling Bitcoin if you are sticking to long term investment. You will notice that MSTR company is buying Bitcoin every week from the market low to the uptrend. If you sell Bitcoin now and wait to buy again then this will be your trade. If you want to read Bitcoin investment in long term then you will definitely have to wait for a long time.
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
Looking at their Bitcoin investments, MSTR and BlackRock can certainly be seen as long-term Bitcoin investors. Because they never decided to sell their Bitcoin investments after investing, what you OP is suggesting is never consistent with long-term Bitcoin investing. To invest in Bitcoin, you must plan to hold Bitcoin for several years into the future.