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Topic: Here is my trading strategy in case that the ETF will be approved or rejected: (Read 724 times)

hero member
Activity: 1148
Merit: 504
Is hodling a trading strategy? I think that is just going idle but still have some opportunity to profit.

My trading strategy is to sell half a day before the etf approval. If it get disapproved, I will buy on the dip. If it gets approved, I still have half of my bitcoin when it surges.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
What ever will hapen:
I HODL !


Me too. Anybody selling now thinking that there will be a dump as a result of an ETF rejection is stupid. Imagine if it gets approved & the price doubles in a week.

Just HODL regardless, now is not the time to sell.
legendary
Activity: 1400
Merit: 1009

If ETF rejected isn't that just 1 application anyway? aren't there others to come.  Maybe we'd see a $200 drop on the day followed by recovery.
If there will be any pump this week and if etf gets rejected we'll see more than $200 drop, the price will eventually recover and go much higher. if etf gets approved we'll go $1500+. Smiley
hero member
Activity: 560
Merit: 500
Even if ETF will be approved or rejected I wouldn't have to even worry about it. I will just take the path where I will have least regrets. I will sell some portion of the bitcoins I have. When ETF is approved, Ill gladly sell all what I have left if it pumped really hard. If it ain't approved I will just hold it then and wait for another big price to come to sell bitcoin again. That's what I will do when ETF is approved or rejected.
legendary
Activity: 1946
Merit: 1137
SODL.

-30% chance of aproval : hmm i must hold because some dudes are telling me so.
-chinese exchanges opening again : hmm i must hold because some dudes are telling me so.
- bitcoin in overbought : hmm i must hold because some dudes are telling me so.

ALWAYS check the stats, charts and technical data yourself. Dont lissen to some dudes that only say HODL.


I never listen to the dudes that say HODL and i always miss profits by selling at the wrong time.
I sold 2 bitcoins 2 years ago, when the price was $300 and i still regret about that.
I simply just can`t hold and it`s my fault.

am i the only one who thinks what you said doesn't make sense?
you say i never listen to people saying HODL as in you lost money because of hodling then you say you sold. these things don't go together. you need to get your story straight Cheesy

anyways, if you are trading bitcoin short term then don't listen to this topic or any other just sell high and buy back low. but if you are not a trader then HODL is the best suggestion you can ever get.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
SODL.

-30% chance of aproval : hmm i must hold because some dudes are telling me so.
-chinese exchanges opening again : hmm i must hold because some dudes are telling me so.
- bitcoin in overbought : hmm i must hold because some dudes are telling me so.

ALWAYS check the stats, charts and technical data yourself. Dont lissen to some dudes that only say HODL.


I never listen to the dudes that say HODL and i always miss profits by selling at the wrong time.
I sold 2 bitcoins 2 years ago, when the price was $300 and i still regret about that.
I simply just can`t hold and it`s my fault.
This situations is very common on most bitcoin holders on which they sold some or all of its bitcoin since we dont really know on when it will rise or drop.For those people who hold until now i do really amaze on them that they could able to hold for a very long time no matter what.
hero member
Activity: 1372
Merit: 500
SODL.

-30% chance of aproval : hmm i must hold because some dudes are telling me so.
-chinese exchanges opening again : hmm i must hold because some dudes are telling me so.
- bitcoin in overbought : hmm i must hold because some dudes are telling me so.

ALWAYS check the stats, charts and technical data yourself. Dont lissen to some dudes that only say HODL.


Been hodling since I bought my stash at an average of 80 $ per BTC. The strategy has worked splendidly.

Listen to those dudes.

Nice, i remember i got some $80 mtgox coin but mtgox had a big chunk in the end so my average buy in was wayyy higher.  Even have some bought @ $900.
hero member
Activity: 644
Merit: 500
SODL.

-30% chance of aproval : hmm i must hold because some dudes are telling me so.
-chinese exchanges opening again : hmm i must hold because some dudes are telling me so.
- bitcoin in overbought : hmm i must hold because some dudes are telling me so.

ALWAYS check the stats, charts and technical data yourself. Dont lissen to some dudes that only say HODL.


Been hodling since I bought my stash at an average of 80 $ per BTC. The strategy has worked splendidly.

Listen to those dudes.

youre true buy bitcoin during bitcoin price 80 dollar/bitcoin and until now you still hold youre bitcoin
you still want hold bitcoin not selling before ETF and PBOC announcement aprove or rejected
hero member
Activity: 1372
Merit: 500

If ETF rejected isn't that just 1 application anyway? aren't there others to come.  Maybe we'd see a $200 drop on the day followed by recovery.
hero member
Activity: 2968
Merit: 913
SODL.

-30% chance of aproval : hmm i must hold because some dudes are telling me so.
-chinese exchanges opening again : hmm i must hold because some dudes are telling me so.
- bitcoin in overbought : hmm i must hold because some dudes are telling me so.

ALWAYS check the stats, charts and technical data yourself. Dont lissen to some dudes that only say HODL.


I never listen to the dudes that say HODL and i always miss profits by selling at the wrong time.
I sold 2 bitcoins 2 years ago, when the price was $300 and i still regret about that.
I simply just can`t hold and it`s my fault.
sr. member
Activity: 420
Merit: 251
Moon?
SODL.

-30% chance of aproval : hmm i must hold because some dudes are telling me so.
-chinese exchanges opening again : hmm i must hold because some dudes are telling me so.
- bitcoin in overbought : hmm i must hold because some dudes are telling me so.

ALWAYS check the stats, charts and technical data yourself. Dont lissen to some dudes that only say HODL.


Been hodling since I bought my stash at an average of 80 $ per BTC. The strategy has worked splendidly.

Listen to those dudes.
legendary
Activity: 889
Merit: 1013
SODL.

-30% chance of aproval : hmm i must hold because some dudes are telling me so.
-chinese exchanges opening again : hmm i must hold because some dudes are telling me so.
- bitcoin in overbought : hmm i must hold because some dudes are telling me so.

ALWAYS check the stats, charts and technical data yourself. Dont lissen to some dudes that only say HODL.


You're right, look at the terrible state those HODLers are in that bought any time at all, ever. All those poor buggers are left with is useless bitcoins!

But in all seriousness, I agree, people shouldn't get too carried away Smiley
sr. member
Activity: 392
Merit: 250
SODL.

-30% chance of aproval : hmm i must hold because some dudes are telling me so.
-chinese exchanges opening again : hmm i must hold because some dudes are telling me so.
- bitcoin in overbought : hmm i must hold because some dudes are telling me so.

ALWAYS check the stats, charts and technical data yourself. Dont lissen to some dudes that only say HODL.
jr. member
Activity: 50
Merit: 4
What ever will hapen:
I HODL !
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