There are some investors who try to make profit by selling small targets. This is not bad
Selling for a short term gains isn’t a good investment strategy or mindset, you’ll be thinking you’re making gains but the end product is a total loss, if you sell now for the short term gain, and probably you want to accumulate later you might be buying bitcoin in a more higher price even more than the gain you think you made earlier and if that happens, you are already at a loss. I’m sure most people who sell when bitcoin hits $90k will be regretting now. The best is to accumulate persistently, consistently and hodl for the long term goal.
That's one of the implication of investing for the short term profit because after selling all your bitcoin investment you will still need to start all over if you are lucky to meet a buying opportunity then you thank your stars else you will end up buying when the price must have increase, in some cases a guy might even end up investing with the whole profit he made from his short term investment before he could be able to accumulate enough stash of bitcoin his portfolio, everyone should be attempting to invest and HODL in the long run to enable it get matured Before you should be attempting to sell. We shouldn't be in a hurry to make profit from bitcoin because the only reason why most people have chosen to invest for the short term profit is due to curiosity, they want to make profit before others. this is why they decide to go with the wrong approach just so that they could achieve thier target, which is very wrong.