However, there is also a convincing bearish case that suggests we have just had a Wave B of a greater Wave 4 correction from the November ATH. If that turns out to be the case, which it might, then I don't want to be bag holding from the top of the market. I should still be holding my position from $460, ...
If the market goes from 660 straight up to 4000, or 660 to 460 and then to 4000, or hell: 660 to 50 in a flash crash and then to 4000, doesn't matter to me. I'm not going to kick myself for failing to predict a crash.
The only way to win at this game is to have more information that the ones you're playing against. When you HODL, you win because you are playing against the large chunk of humanity who have not yet focused their attention on bitcoin. They're going to buy one day, and you and I know it, but they don't. We're not necessarily smarter than they are, we just got here first. When you play the short-term fluctuations, you are playing against people who have immersed themselves in all publicly available information on bitcoin, and may even be privy to information that the rest of us don't have. The odds are that you and I can't beat them!