That's an interesting approach you got there op. But what is guaranteeing that the bitcoin price won't fall after we buy.
Nothing. Scientia est potestas.
Topic: Sell now and buy again at $1300. - page 6. (Read 6915 times)
Nothing. Scientia est potestas.
That's an interesting approach you got there op. But what is guaranteeing that the bitcoin price won't fall after we buy.
There is no guarantee that the bitcoin price will continue to rise after you buy them. Like all investments this has risks.
That's an interesting approach you got there op. But what is guaranteeing that the bitcoin price won't fall after we buy.
That's an interesting approach specially since BTC reached the ~$1000 mark before but the momentum wasn't strong enough and it fell to aroud the hundreds so it's about a 75% loss if someone did that before. I think BTC has potential of hitting that mark again this year because of the increased adoption and publicity but I doubt it will go much higher.
Yes, bitcoin has all the required potential to hit again $1000 levels. Hopefully by the time of halving it will again reach that mark. We can witness the increased adoption of bitcoin compared to 2013, so there are lot of possibilities to a stable price above $1000 once bitcoin prices hit it.
That's an interesting approach specially since BTC reached the ~$1000 mark before but the momentum wasn't strong enough and it fell to aroud the hundreds so it's about a 75% loss if someone did that before. I think BTC has potential of hitting that mark again this year because of the increased adoption and publicity but I doubt it will go much higher.
Ummmm yeah this sounds like the most retarded idea ever. I'm ok HODLING thanks. Feel free to follow your own advice though 
I can see the op point though. A big price gain like this would mean serious respect and power for bitcoin overall and it would still be early enough to invest.
so for me OP translates to: when price goes above 1300$ all issues are resolved and BTC can unleash its true potential ;-)
I don't think the bots and whales really care at all about the technological conditions. I'll bet a few of them don't have the slightest clue how Bitcoin works. If there's significant money to be milked then the price will rise. It wasn't far off that a couple of years ago and nothing was resolved then.
This is the dumbest thing I've read in a while
Anyone with a decent IQ would know that this is just a dumb idea and strategy
Why would you not buy right now and make incredible profits later on?
Why would you not buy right now and make incredible profits later on?
This is a common strategy in momentum stock trading. You buy a stock that breaks past its all time high and sell it when it stops making gains. Then you look for another stock to make the same pattern and buy that. The idea is that your capital is only tied up in stocks that are moving and you ignore those that are languishing and going nowhere.
However, if you are only focused on Bitcoin then this strategy does not make sense.
Wow I need to learn about bitcoin more or that stock trading.
This suggestion buying for a high price and sell it with a low price is just not for me. I can't afford this amount of money.
Anyone with a decent IQ would know that this is just a dumb idea and strategy
Why would you not buy right now and make incredible profits later on?
Why would you not buy right now and make incredible profits later on?
This is a common strategy in momentum stock trading. You buy a stock that breaks past its all time high and sell it when it stops making gains. Then you look for another stock to make the same pattern and buy that. The idea is that your capital is only tied up in stocks that are moving and you ignore those that are languishing and going nowhere.
However, if you are only focused on Bitcoin then this strategy does not make sense.
Anyone with a decent IQ would know that this is just a dumb idea and strategy
Why would you not buy right now and make incredible profits later on?
Why would you not buy right now and make incredible profits later on?
Does the title make any sense?
Why I should I sell now when price is low and buy back in at the top?
Something went completely wrong here.
Buy now and hold!And if someone wants to sell, then do it at the top to make profits.
That's how it should be.
Why I should I sell now when price is low and buy back in at the top?
Something went completely wrong here.
Buy now and hold!And if someone wants to sell, then do it at the top to make profits.
That's how it should be.
I'm definitely a buyer/hodler too. But there are traders who'll tell you we're wrong, because we sacrifice the potential to make even more profit by buying dips/selling peaks.
It's similar here. This strategy makes no sense to us, because it requires the investor to sacrifice all that goodness we get from holding now. But for someone with less confidence in BTC, or who has other, potentially more lucrative investments they could park their funds in for a while - this strategy is worth consideration.
Edit: spelled "hodl" wrong. Is "hold" even a word?!
Does the title make any sense?
Why I should I sell now when price is low and buy back in at the top?
Something went completely wrong here.
Buy now and hold!And if someone wants to sell, then do it at the top to make profits.
That's how it should be.
Why I should I sell now when price is low and buy back in at the top?
Something went completely wrong here.
Buy now and hold!And if someone wants to sell, then do it at the top to make profits.
That's how it should be.
I'm definitely a buyer/hodler too. But there are traders who'll tell you we're wrong, because we sacrifice the potential to make even more profit by buying dips/selling peaks.
It's similar here. This strategy makes no sense to us, because it requires the investor to sacrifice all that goodness we get from holding now. But for someone with less confidence in BTC, or who has other, potentially more lucrative investments they could park their funds in for a while - this strategy is worth consideration.
Edit: spelled "hodl" wrong. Is "hold" even a word?!
Does the title make any sense?
Why I should I sell now when price is low and buy back in at the top?
Something went completely wrong here.
Buy now and hold!And if someone wants to sell, then do it at the top to make profits.
That's how it should be.
Why I should I sell now when price is low and buy back in at the top?
Something went completely wrong here.
Buy now and hold!And if someone wants to sell, then do it at the top to make profits.
That's how it should be.
I don't see why buying now is more riskier than buying later in a confirmed uptrend. The risk might only be a little low and not worth it.
Because right now we're not in a confirmed uptrend (well, it depends on the timescale. But I don't see an uptrend that'll take us to the moon being confirmed yet). Price could go down, it could go sideways (with the opportunity-loss to match, i.e. funds tied up in BTC going sideways, when they could be invested in something more profitable). Or price could up, of course - in which case you're correct. But we have no way of accurately predicting risk, only ways to manage it. And this strategy is one such way.
Not exactly. You're replacing the risk-of-investing-in-BTC-while-it-goes-sideways with the risk-of-investing-in-other-instrument. There's no getting away from risk, it's the price we pay for reward. The best we can do is manage risk and try and ensure our assessment of risk is consistent with what we believe reward will be. (And in this scenario, the investor believes that not-BTC will outperform BTC).
IMHO atm BTC is very risky because of scalability, fungibility and sidechains.
as soon as all of them are solved (in whatever way) i expect some serious uptrend; but until then i see BTC as risky.
so for me OP translates to: when price goes above 1300$ all issues are resolved and BTC can unleash its true potential ;-)
as soon as all of them are solved (in whatever way) i expect some serious uptrend; but until then i see BTC as risky.
so for me OP translates to: when price goes above 1300$ all issues are resolved and BTC can unleash its true potential ;-)
I don't see why buying now is more riskier than buying later in a confirmed uptrend. The risk might only be a little low and not worth it.
Because right now we're not in a confirmed uptrend (well, it depends on the timescale. But I don't see an uptrend that'll take us to the moon being confirmed yet). Price could go down, it could go sideways (with the opportunity-loss to match, i.e. funds tied up in BTC going sideways, when they could be invested in something more profitable). Or price could up, of course - in which case you're correct. But we have no way of accurately predicting risk, only ways to manage it. And this strategy is one such way.
I don't see why buying now is more riskier than buying later in a confirmed uptrend. The risk might only be a little low and not worth it.
Because right now we're not in a confirmed uptrend (well, it depends on the timescale. But I don't see an uptrend that'll take us to the moon being confirmed yet). Price could go down, it could go sideways (with the opportunity-loss to match, i.e. funds tied up in BTC going sideways, when they could be invested in something more profitable). Or price could up, of course - in which case you're correct. But we have no way of accurately predicting risk, only ways to manage it. And this strategy is one such way.
Buying once the price movement starts will reduce the profits by a great extent compared to buying now.
Well yeah, obviously. But it's about risk vs. reward - you sacrifice some reward in the hope of reducing risk. Whether the reduced reward is worth it is a judgement call - how far beyond 1300 do you expect price to go? If you believe we're going to reach the current ATH and then fall back shortly after, the reward probably won't make the reduced risk worth it. My feeling is that if we pass the current ATH we're going to see prices go far, far further - and the lost rewards from 350-1300 will be fairly insignificant. I hope so, because I'm in and I'm hodling.
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