Post
Topic
Board Speculation
Re: April will be around 5000 - and then further down
by
freightjoe
on 01/04/2018, 10:20:37 UTC
Looking at it critically, crypto prices will still drop for a while before moving towards the upside though I'm not very sure it'll reach that 5000 dollar mark it'll definitely get  very close. I'm waiting for more bad news so I can buy more.

Sounds like the typical HODL strategy:

First you buy the dip at 12.000.
Price increases to 14.000 and you do not sell because you HODL

Now the price dips to 10.000 - you buy the dip some more.
Price increases to 12.000, and you do not sell because you HODL

The the price dips to 8.000 - you buy the dip some more
Price increases to 10.000, and you do not sell because you HODL

Now we are at 6.000 and you want to buy the dip some more.

Everyone who HODLs and only "buy the dip" is losing more and more everytime they follow that strategy.