Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Krubster
on 14/02/2024, 20:31:35 UTC
⭐ Merited by JayJuanGee (1)
I’m also firmly against sell ladders. It’s beyond obvious at this point that Bitcoin moves in a 4-year cycle. I don’t think there’s many people left that deny this. There’s never been an easier asset to trade (and I don’t trade it). You just buy in early 2011, 2015, 2019, 2023, 2027; and you sell in late 2013, 2017, 2021, 2025, 2029… Do this and you’ll make a fortune. You could also just DCA until you want to cash out. Setting up sell ladders though… In what world or with what backtesting has this been considered a good idea?

That kind of sound like a buy/sell ladder too though, just that your example is time dependable rather than price...

I get what you mean though. However, setting up a sell ladder might not be too bad of an idea. Let's say you predict the price to reach a certain number, a sell ladder around that number could make sense. Each to their own I guess.