Topic: IF BITCOIN GOES BELOW 100$ (Read 1927 times)
if price crash i'll sell my BTC
and buy again at bottom price
and buy again at bottom price
If it goes below $100, I'm backing up the truck.
My strategy:
1) Hold for the bulk of my portfolio in BTC
2) Sell BTC CFDs on margin on a trigger below 380. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bear down to around 100 USD. Take profits in fiat.
4) Use 67% of fiat to buy BTC in the double digits. Add to my BTC holdings.
5) Save 33% of fiat to pay taxes and increase fiat position
On the rebound repeat above with long CFDs.
1) Hold for the bulk of my portfolio in BTC
2) Buy BTC CFDs on margin on an upward trigger. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bull up to the three or four digits BTC/USD. Take profits in fiat.
4) Use 33% of fiat to buy BTC in the triple or quadruple digits. Add to my BTC holdings.
5) Save 67% of fiat to pay taxes and increase fiat position.
Net result increase of both BTC and fiat positions.
I started buying BTC in late 2011 in the single digits, have already taken out my initial investment in fiat and have over 60% of my peak BTC left. Having said this while I would welcome the opportunity this would provide to increase my BTC holdings, I seriously doubt it will happen.
Edit: My most painful BTC experience was two years ago watching BTC drop from 7 USD to 4 USD below my average cost. At the time I chose to hold.
1) Hold for the bulk of my portfolio in BTC
2) Sell BTC CFDs on margin on a trigger below 380. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bear down to around 100 USD. Take profits in fiat.
4) Use 67% of fiat to buy BTC in the double digits. Add to my BTC holdings.
5) Save 33% of fiat to pay taxes and increase fiat position
On the rebound repeat above with long CFDs.
1) Hold for the bulk of my portfolio in BTC
2) Buy BTC CFDs on margin on an upward trigger. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bull up to the three or four digits BTC/USD. Take profits in fiat.
4) Use 33% of fiat to buy BTC in the triple or quadruple digits. Add to my BTC holdings.
5) Save 67% of fiat to pay taxes and increase fiat position.
Net result increase of both BTC and fiat positions.
I started buying BTC in late 2011 in the single digits, have already taken out my initial investment in fiat and have over 60% of my peak BTC left. Having said this while I would welcome the opportunity this would provide to increase my BTC holdings, I seriously doubt it will happen.
Edit: My most painful BTC experience was two years ago watching BTC drop from 7 USD to 4 USD below my average cost. At the time I chose to hold.
Sounds like a perfect plan. Maybe you should take out a patent for your strategy and sell it to the faithful "only hodl" in here.
If.
Doubting if BTC will go down from here.
Suicide is the obvious choice here.
People like you are the worst
Suicide is the obvious choice here.
My strategy:
1) Hold for the bulk of my portfolio in BTC
2) Sell BTC CFDs on margin on a trigger below 380. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bear down to around 100 USD. Take profits in fiat.
4) Use 67% of fiat to buy BTC in the double digits. Add to my BTC holdings.
5) Save 33% of fiat to pay taxes and increase fiat position
On the rebound repeat above with long CFDs.
1) Hold for the bulk of my portfolio in BTC
2) Buy BTC CFDs on margin on an upward trigger. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bull up to the three or four digits BTC/USD. Take profits in fiat.
4) Use 33% of fiat to buy BTC in the triple or quadruple digits. Add to my BTC holdings.
5) Save 67% of fiat to pay taxes and increase fiat position.
Net result increase of both BTC and fiat positions.
I started buying BTC in late 2011 in the single digits, have already taken out my initial investment in fiat and have over 60% of my peak BTC left. Having said this while I would welcome the opportunity this would provide to increase my BTC holdings, I seriously doubt it will happen.
Edit: My most painful BTC experience was two years ago watching BTC drop from 7 USD to 4 USD below my average cost. At the time I chose to hold.
1) Hold for the bulk of my portfolio in BTC
2) Sell BTC CFDs on margin on a trigger below 380. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bear down to around 100 USD. Take profits in fiat.
4) Use 67% of fiat to buy BTC in the double digits. Add to my BTC holdings.
5) Save 33% of fiat to pay taxes and increase fiat position
On the rebound repeat above with long CFDs.
1) Hold for the bulk of my portfolio in BTC
2) Buy BTC CFDs on margin on an upward trigger. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bull up to the three or four digits BTC/USD. Take profits in fiat.
4) Use 33% of fiat to buy BTC in the triple or quadruple digits. Add to my BTC holdings.
5) Save 67% of fiat to pay taxes and increase fiat position.
Net result increase of both BTC and fiat positions.
I started buying BTC in late 2011 in the single digits, have already taken out my initial investment in fiat and have over 60% of my peak BTC left. Having said this while I would welcome the opportunity this would provide to increase my BTC holdings, I seriously doubt it will happen.
Edit: My most painful BTC experience was two years ago watching BTC drop from 7 USD to 4 USD below my average cost. At the time I chose to hold.
The HODL sentiment is still strong in this forum.
This guy has too many bitcoins in his boat hull.
I will hold my lazy 4 coins forever, and if still goes lower I might buy more, if I have money at the time...
Bitcoin ship is sinking, pure POS is here
The HODL sentiment is still strong in this forum.
Your opinion is just as strong and based on a lot of your comments the exact same thing (just opposite).
Time to buy then
I will HODL forever.
The HODL sentiment is still strong in this forum.
I remember a China deadline in december. Or was it january? Everybody was expecting a huge crash. Nothing happened.
LOL
You are gonna look so incredibly stupid in a couple months
You are gonna look so incredibly stupid in a couple months
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