Quote from: matchi2011 on September 11, 2020, 11:31:58 PM

Quote from: Febo on September 11, 2020, 03:16:51 PM

Quote from: shoeshineBro on September 10, 2020, 08:45:50 PM

I see there is a strong correlation between SPY and Bitcoin prices. BTC has a higher beta, however. Whenever SPY tanks, BTC tanks twiiiiiice as hard, (as it was the first time, I said good byeeee)
In March, BTC dropped from $10k to $5k. I am calling for another BitCoin wipeout when the market crashes.

But it will also recover 3 times as fast. That is what markets do. they crash they recover. They have bear or bull trends. If you hold and not trade you end up with exactly the same number of coins no matter what happens.

Depends from how you tryst your assets, the volatility really hurts but like what you have said, when you hold
your coin as it is, same amount will be depends from the market value, the bounced back will take place and
it will bring you good profits once the bull show up strong.

Depends on your exist strategy. With Bitcoin the most simple is to buy more all the time until old ATH. So You buy all the time from mid 2018. Whenever you have spare money you buy. Once price will reach $20k you stop buying. When price will go over $50 and over $100 you spend. You buy things that you will need in upcoming years. Car. Furniture. Whatever. This is the best Bitcoin exit strategy you can have. But there are more. You can whenever price of Bitcoin doubles sell 10%. This is more traders exit strategy. Perfect for some alts. Specially the ICO ones. I wish I would use it more often. So you never miss moon and you never totally lose your investment.