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...
Many people are speculating that the price of Bitcoin may fall, but there is no guarantee of this. Bitcoin will fall or rise, but it is not known when it will happen, which is why it is possible to achieve something good from Bitcoin for those who only take the decision to hold Bitcoin. If someone starts selling Bitcoin now, if the price does not fall and increases further, then it is a loss for the person who sold it. Again, if the price of Bitcoin falls, but after a slight decrease, it becomes so bullish that it is beyond the ability of the person who will buy it, then it is still a loss. Therefore, it is necessary to understand very well when taking any decision.
Bitcoin will always be unpredictable that is why we should always think wisely before taking any decision. Selling now or buying now will not change is volatile so just put in mind that anytime I invested on bitcoin, I need to reach my target first before selling my coin to enjoy the benefits. I just know that anytime I have money I will invest because I don't think they have specific day or month that you will invest in bitcoin, just used DCA to minimize your risk.
Anytime you invest just keep it in mind that is for long term you will always make profit because the market is always unpredictable and you will surely profitable when the Market turn around. So I don't usually scared of losing because I get the believe that the more in decrease he will surely raise better. Is only people that risk the money they shouldn't have used for investment that will be scared and rush to sold there coin. What some people don't really understand is that even you sold your bitcoin now, how can you know when to buy to be profitable no guarantee. so we should invest when we have money and wait thing we achieve our target we can sold the profits and continue the journey.