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 will you say selling one's Bitcoin to rebuy is not a mistake when they have not gotten to there overaccumulation stage. In fact this is not just a mistake but rather this is a trader mindset and thinking and how will you even know that the price of Bitcoin will dip in some time or period and then after selling, hoping to buy when it Dip that time, who told you that is how Bitcoin works? Do you think it is easy to give a certain or guarantee period or time Bitcoin will dip to a particular point?
Anyone investing in Bitcoin should put away the mindset and idea of selling and buying back when dip will come or happen when they have not reach their overaccumulation stage because it is only overaccumulation stage someone ( an investor) is advised to sell that is if they wish but it should be sold very little.