Shorting bitcoin? Judging from the charts that is a bad idea.
Current price is higher than yesterday's price.
Buy every dip and hold your coins I would suggest.
You cannot hold forever, otherwise what is the point of it?
Boy someone yesterday was awfully sure of himself that selling was such a bad idea ".....we be going uppity."
It didn't really had a fall from yesterday (bitstamp is up 20$ since yesterday, same time). The correction is in a few hours window.
600 drop from 2800 is not just a fall, it was an excellent shorting opportunity, if you are into that kind of thing.
If you know the tops and bottoms beforehand, sure.
It is a very simple strategy really, buy as it is going down and sell whilst it is going up; therefore you might actually find the top and the bottoms. This is not
rocket surgery