Not taking some profit off the table and reinvesting on downturns is not very rational. Investing on belief alone is seldom profitable.
Discussion
Muted for low IQ.
History is littered with salty people selling some to buy back later who missed it.
Doesn't really make sense either. You have to sell the absolute top, and buy the absolute bottom on a 20% pullback, just to break even on taxes 😂
How you figure? It goes up from where you bought it. Sell maybe 10%. When it goes down again buy more with proceeds from what you sold. Rinse and repeat. You end up with a lot more sats.
How much 'up' and how far 'down' is the killer.
It is a fact, most people that try it end up with less than they started with.
The people who are doing the best are those that just accumulate.
Investing in USD by selling your sats on belief alone is not rational, and is becoming increasingly irrational.