Imagine having one bitcoin.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
I think that many people have already done so and thats why we saw such large price drops .. Now they are waiting for optimism to return to the cryptocurrency market, but unfortunately no one knows when it will happen and this is what we call the investment risk.