Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?
in my opinion, it’s not a mistake. by doing this, you are increasing your amount of bitcoin. if you know when a dip might happen, you can sell some or half of your bitcoin before that. but if you sell without knowing and it leads to a loss, then it’s your loss. everyone wants to increase their bitcoin holdings because bitcoin is digital gold. if you can save it now, you won’t need to look for an income source in the future. if you have any early warning signs, then doing this is a good choice.
How could you sell your bitcoin and then decided to buy when the dip happen? How did you know the dip would happen? It is a mistake to sell your bitcoin and then try to buy it when the dip comes, as this shows that you are not an investor and are attempting to use Bitcoin as a business. If you want to buy bitcoin when there is a dip, you should save the money for that specific time to buy it. Investing in bitcoin should always be a long-term investment strategy, and you should never consider selling it in any situation.
Selling your bitcoin and wanting to buy when you know the dip is coming is a bad idea, and it shows that you can't hold for a long time. I don't think someone who understands bitcoin will do that, or is it that the person wants to sell his bitcoin and use the method to cover it up so that people don't realise he can't hold it for a long time.