Hey guys,
Is there an argument to be made to sell high to buy back in later at a discount? I hate trading and trying to time the market. I want to keep things simple and accumulate capital over time. Yet with bitcoin it seems tempting to sell off high just to buy back in later at a lower level since there are exceptional on chain metrics for example the MVRV Z-score which seems to be very accurate in identifying tops.
Then again I assume that the times of 80% drops may be gone... also I think I would loose a lot on taxes when I sell high wouldn't I?
Or should I rather continue to DCA and try go get some excess fiat from elsewhere and buy the dip?
Maybe I have already answered my own question here already ... still I want to hear your thoughts and experiences with this.
For transparency I am currently sitting on a net profit of 100% of my total investments.
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