Is it really a big mistake to sell portion of your bitcoin and then rebuy back when the price has dip?
The reason why am asking this question is because with the right approach I think this can also be done and even help you get good value of bitcoin when the price dip but there are conditions that would prompt you to actually sell some fraction of your investment.
Let's say your investment has reached the amount of years (5+) you set for it and it's now time to sell with the motion of selling being tied to the fact that the upcoming season is probably going to be the bear market, isn't it going to be a good move to actually sell portion of your portfolio (not all) and then still continue with your steady buying and as you are running your normal DCA you are still active on the bear so that when the dip comes you can buy back with that sold amount from bitcoin portfolio so that your value of bitcoin is bigger and still go on and continue with your investment plans.
Selling some portion of your bitcoin when your portfolio is matured enough is not wrong, seeing investors who are experienced enough follow this circle of holding after a long period of time they sell little fraction. The only problem here is rebuying during the dip only, an investor cannot wait for the dip when there’s a free access to buy at any time.
Holders should know when to sell and how to sell if possible learning the strategy which has to do with selling bitcoin, from my perspective 5 years and beyond is not enough for an investor to lavish around if possible one should avoid selling early if they can’t rebuy at any point except the dip definitely the point is rebuying should be done consistent aside the dip although the dip is an opportunity to accumulate more bitcoin.