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At some point the price will dip again. I'm thinking of selling at about 13000$ and buying again if there's a dip
Anyone else got any similar strategies?
That has worked very well for people who knew it was gonna "correct" at 4k,6k,8k...
You're trying to time the market. Unless you have solid data that nobody else has, don't do it.
The people i mentor do the following (fwiw, they are successful, no people who can't afford to lose all):
1) How much of your networth you wanna hold in BTC? Stick to that %, adjust monthly. If you invest, make sure you have a long-term horizon.
2) If you buy, just buy all at once right away. No waiting for the price to drop etc... your EV is the same. Other people are more emotional, so i tell them to buy daily/weekly for the same amount, no matter if price is up or down.... just so they don't *** themselves over
3) Know the reasons for 1). Have your reasons written down, have written down what must happen in order for you to sell or what could possibly change your opinion.