79k BTC, people who already have chips in hand actually don't need to worry too much about short-term fluctuations. In the early stages of a bull market, even if the pullback hits the extreme of 72–74k, within the larger overall trend it’s just normal turnover and consolidation.
Timing trades for a swing seems smart, but the biggest drawback is that once you sell and miss the move, it’s very hard to get back in. The opportunity cost of being left on the sidelines over the big cycle is far higher than simply enduring a pullback in the short term. If your position is light, just be patient and wait for the pullback to find a comfortable entry point.
Timing trades for a swing seems smart, but the biggest drawback is that once you sell and miss the move, it’s very hard to get back in. The opportunity cost of being left on the sidelines over the big cycle is far higher than simply enduring a pullback in the short term. If your position is light, just be patient and wait for the pullback to find a comfortable entry point.