If you're buying in order to speculate, why not sell gradually into the gains? Your strategy seems like it is taking what is already a high-risk, and artificially making the risk higher than needed...

Also, the time to buy is almost never after/during a large boom, heh.

because if you sell gradually, it doesn't move as fast...

since this is getting downvoted, I will give a simple example... if you have $2 and it goes up 100% (two-fold incease), than you have $4... but if you cash half your money, then you have only $1 invested, and you are stuck with $3 instead of $4 ... and lost 25%. Not sure if my math is 100% right, but if you are betting on value going up, you lost money.

The "if" parts of your comment need more thought that you've given them.

It depends on your goals, but maybe... we'll see if I was too late in the game to make a quick profit.

That's the only way to win long-term in gambling. Cash out winnings over your stake.

buy high, sell low!

I tried to do that on coinbase and it won't let me

I'm gonna do the same but sell when it gets to 10x. Have fun being half as rich as me!

Amateur! True bitcoin maestros never sell for less than a 100x profit :P

we are already at 100% profits... let's wait a bit longer

that's fine, I just like to set a goal and stick to it... enjoy the extra cash (maybe).