Post
Topic
Board Speculation
Re: What do you think about this plan?
by
bitcoindusts
on 06/12/2018, 18:43:00 UTC
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. Grin
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.

Everyone already think of this strategy.  But sadly not all are be able to pull this through.  You can short now and buy later at a lower price but as you said it is not guaranteed.  There is a possible chance that after you sell your 1 Bitcoin the price goes up so that means there is also a possibility you will regret your decision about selling your BTC at this current rate.