Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Even if this possible scenario were to come true, wouldn't there be a way to profit from such scenario, rather than going away for "a couple of years"?
Wouldn't we want to attempt to buy more on the way down to the bottom in early to mid 2019? And of course, there might be other actions that can be taken, too.
Yes, thats the theory. Very few ppl would be able to successfully call the right timings and price. ..but good luck to anyone that goes for it.
Not tying to put ppl off, just pointing out that passive hodling is the safe strategy: you only have to make one correct call , and that is 'The price of BTC is still in a long term uptrend' (could just possibly be wrong, but the odds are at least in your favour).
The reality is that only a minority actually make much profit from trading, most is made from hodling.
i can fully support, follow that, mostly cause i'm not capable of being a real good trader, but i'm a damn good HODLER/stach increaser
also my friend says to be a successful trader you gonna make 45% of wrong calls and 55% right and thats when your a good trader, in a longterm success as a call... i could earn much more by buying low and hodling it all the way(if that 1 call longterm deal is a success ....)
i just can't see why it wouldn't be a success cause BTC is the thing the world really needs
however i do like HM charts and thought
