It's all just risk management and risk/reward ratios. Doesn't matter if its bitcoin, stocks or horses. The principles are the same and you never risk more than you're prepared to lose
I imagine that a lot of people bought before the halving expecting a big price jump. I also doubt that all these short term speculator will turn into long term holders, so I am expecting a price drop...
But yep, also nothing is a possibility.
I personally know of some people who jumped into Bitcoin specifically to do short-term trades. I guess volatility will attract people who wants to make a quick profit.
