Post
Topic
Board Economics
Re: Best strategy to profit from crash
by
tabas
on 08/11/2017, 22:43:45 UTC
Damn it's going down already  Angry

I really hope this is just a small dip and not starting to crash already. I found a solid broker and have to fill in a lot of paperwork, so this can take a few days  Sad
Also I hope the crash won't start before the futures become available! This would be a great way to make huge profit from the crash.  

It did fall but it's starting to get some boost again and quite stable now. And there's no argument for with this, the strategy that I've been doing for years isn't not new and magical. I've learned this too from the people here that whenever the price starts to be corrected, keep on buying.

That is correct,recent history has taught us that bitcoin is best bought when there's  some sort of correction and even though it always bounces back to its original value its worth waiting for such moments and buying them.

We're into a new ATH but later on the price got into correction. And this is now a good profit taking from those who rode the train and simply get out when they have arrived to their destination. Plus the Segwit2x will no longer in run so many are going to decide whether they'll hope on bitcoin or with some other alts.