Well that trendline that I posted has a R squared of greater than 0.9 meaning that the bitcoin price has an overall close association with time in an exponential equation. How would one use that info? Buy bitcoin when it is below the trend and sell when its above. And if we could retrospectively go back and buy/sell according to my graph, you would have always bought bitcoin cheap and sold it during each bubble. My graph by no means can predict lows and bubbles, only what the average price should be. So as the market continues from here on out, I'm personally going to buy below the trendline and sell somewhere (maybe 10-15%) above the trendline, rinse and repeat. People can speculate and try to sell higher before a bubble crashes, but I like playing the safer and more predictable way while still earning good revenue.
this makes sense. buy below, sell above is a decent strategy if you think that the best-fit line in question is predictive of a mean value. i was merely commenting on the posts you made which seemed to suggest that it should be predictive of the actual ticker price in any significant way.
