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.
Horrible plan.
The only good thing about what you have stated is that I am more inclinded to think that we're very near the bottom. The more people believe we'll tank hard in the coming months, the more I am tempted to buy another load of coins right now. I'm actually very tempted to do so right now. I'm like a kid in the candy store. Sugar overload, what amount should I buy candy with.
I need more bearish talk please. Where the heck is kwukduck when you need him. Grrrr.