Taking profit from your bitcoin stash is not wise enough when you are supposed to be investing more instead of selling. Bitcoin still has a higher potential of which selling off now to take profit is very risky. You may not be able to reinvest at any lower price immediately except you've decided to quit bitcoin investment. The longer you hold, the better chances you have. Bitcoin's volatility is not only downward and it's becoming more positive than negative.
A new investor or newly investor should concentrate on how to can buying more bitcoin from his discretionary income by regularly using the dca method, but there is nothing wrong if an investor who has gotten to his over accumulation stage can choose to take some profit from his bitcoin hodling so been unwise when it comes to taking some profit from your investment depends on how much bitcoin they have stash.