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Thats true maybe Some longterm believers should sold Some @15-20k range cause price was parabolic @that time and to have Some fiat for buying a DIP When the time was there ..... but iT always easy to speak after such events
Even though, as an overall strategy, I recommend selling small amounts on the way up and using those proceeds to buy back, in my above post, I am making a different point, which is asking about whether naidray has a buying plan, especially if he believes that BTC prices are going DOWN to the $5,150 range. Furthermore, as an additional point, I understand that there are a lot of folks who don't want to sell any of their BTC and they ONLY want to buy on dips. I completely understand that kind of "don't wanna sell any" inclination.
Accordingly, I have a bit of an assumption that a large number of folks have some kind of cashflow that allows them to pay for their regular expenses, such as lodging, food, transportation, entertainment, emergencies, so anyone who attempts to live within their means, can also attempt to create an additional cashflow that would allow them to buy BTC on a regular basis or to use the same cashflow (through saving up) to buy BTC during dips that they anticipate, just like naidray stated that s/he anticipates a $5,150 dip.
I also didn’t sold shit maybe a penny of my hodling stash.... but i always bought @low prices and played poker to increase most of my BTC’s and its been Going good So far ....
I am not saying that only buying on dips is a bad strategy, and surely I understand that people may have additional reasons (besides worrying about selling too much BTC) to NOT want to sell their BTC, especially while attempting to accumulate BTC, and one of those reasons could be the way that their specific jurisdiction (such as in the US of A) treats bitcoin like a commodity and capital gains.. .which causes lots of potential accounting complications.
i also didn’t saw Why i should sold @ the high prices cause i could still increase through other ways
Personally, I do believe that selling small amounts on the way up is a better practice, yet I am not going to argue so strenuously that such an asserted "better practice" means that any other guy (or perhaps gal) should come to the same conclusion(s) as me (even though I am going to continue to advocate that it is a solid strategy to attempt to prepare and insure your BTC portfolio for either price direction)....
Yet, I was not making such a sell on the way up point in response to naidray's post... Again, my emphasis was asking about what kind plan and/or preparation s/he was making to buy the anticipated $5,150 dip, if such were to really occur, as s/he was anticipating with so much confidence that s/he posted such price prediction, in this thread.
But When selling higher prices and buying dips is the only chance of increasing then Thats what you can try to do..... ( never take advice of me i Just fell into BTC cause of luck and increasing BTC’s with other methods)
Surely, there are a variety of methods and strategies that guys (and gal) employ to increase their BTC holdings which also include blind luck, too. And, it seems to m that any time you play with luck there are decent chances to become unlucky too.. so in that regard, it would rarely hurt to attempt to create and/or maintain a BTC accumulation plan and to attempt to learn from your mistakes or your luck (or lack thereof).
Also, isn't a part of the reason that guys (and gal) participate in BTC talk threads is to attempt to learn about the strategies of others, share their own strategies and perhaps even learn about their own strategies by attempting to engage with other BTC talk members?
