You’re working under the assumption that you will always be able to buy it back, and that the dip will be lower than your exit strategy. No offense, but I have been saying for years, “traders are traitors”. To themselves.
Per data, the best performing strategy is to hold long-term. You will not be able to outperform the greatest performing asset over the past 14 years with strategies that put you at risk.
Just my two sats as a bitcoiner that’s been in the game since 2013.
Day trading is stupid history doesn’t repeat but it rhymes. Bitcoin has proven this the past 5 bull markets.
Why will this 6th one be any different.
There’s being bullish on Bitcoin then there’s just being straight delusional lots of you seem pretty delusion in where Bitcoin and fiat is going short term.
It’s not delusion when you’ve seen this play out for almost a decade with your own personal stack of value, but by all means… Make your own decisions. There are a lot of things different right now.
What’s going on in the states has been occurring since 1971. Fiat still has a minimum of 20 years in my opinion.
I’ve seen the same in Bitcoin for years I’ve sold at every high since 2017. My biggest regret is not buying back in. I usually spend that money on other things. This time I won’t. It’s definitely better to buy low and sell high then to buy low and keep buying high.
I'm sorry. Why do you have hodl in your handle?
