The best strategy is buying now and never sell it until the price going to $10000. You can't think the price is only $200+, right?
This is known as a long term strategy in BTC trading but as you know that this strategy is quite risky especially with the current state of the price where you can see that the price is declining day by day.
Your prediciton is a bit off there as no one could ever guarantee that the price is going to raise up because all we can see that the market itself is now controlled by pure manipulation of some group of whales.
Not to mention that satoshi himself said that there will be either alot of BTC transaction in the future or nothing.
This actually indicates that satoshi himself is not even sure about the future as things might happen
shorter strategy is risky too and more dangerous than just holding, also is less newbie friendly, you need to be a little professional to do it well
satoshi said that because for him bitcoin was still a test, i would like to know what he would say now...
Not really. Since there are two kinds of short term strategy here. The one that you mentioned is about day trading which need the skills to read graphs and the ability to take on profit for every margin of buy and sell .
The other kind would be a short term strategy which doesnt require the ability to read graphs or so. I.e buy 1 BTC at $235 and sell it tomorrow for $1 would be a great turn of profit.
The long term strategy on the other hand require much longer time and much more difference before someone willing to sell like almost difference of $25 before people willing to sell it because they thought that it is not worth it and of course lack of time to check the prices as well
P.S : Test or no, BTC has change a lot of people's life. Im grateful that I have the chance to know about BTC
Yes that is for a pro to read graph easilt, but not every people can read it easily and you must need some skill to read it anyway. And about the long term I guess some of them is trying to stack it as much as he can then he will sell it for the good price, not in this volatile price for now so long term strategy is a little bit hard to do, its better to get the daily profit its safety. I think everybody that play this bitcoin say that they are grateful because it changes their life for sure
