#BTCReclaims101K
Good morning everyone
There is two ways you can handle bitcoin movements you decide which is more comfortable for you or suits you best.
Imagine two people bought 1 BTC each in 2017.
let us name the first one James ( he is the holder ) the second one Abrahim ( he is the trader ).
Abrahim decides to sell on any 20% deep drop that happens within certain amount of days.
he sells not at ATH 19k as he is not forecaster
but at 15k.
buys back at 5k .. now he has 3 btc
this is repeated on the 60k mark he sells after deep drop from the 69k, buys back at 20k .. he now has 9 btc sitting at current mark 100k with a total of 900k $ .. as compared to 1 btc for James.
moral of the story: if you have an investor mentality then buy and hold. selling will depend on your personal preferences.
a trader's perspective is to be more involved in the price action and the movement of the market structure.
no one here is more right than the other, it differs mainly however, in profit and effort wise.