If you didn't sell any amount, you probably wouldn't sell if the price would go to 1$. Denial all the way down
there's a price where I would sell a little and buy something good - it's 5 digits. there's a price where I would sell all and go away - it is currently $60, but growing every day.
You are trading all the time.
So you are selling and buying
Or do you only talk about cashing out?
I don't do that, my cash stays inside the exchanges. I don't have to wait 5 days to buy back.
Yes, trading money is a small part set aside with a desire to lose all, this stays at exchange You only need like 10-20% traded to hedge against possible (temporary) moves down. You don't hold everything at exchange, that goes without saying.
The day when cold storage will be opened has not come, yet.