Looks like everybody here who properly invested in bitcoin before 2017 have around at least 50 and possibly closer to 100 btc while other late people who started to accumulate after 2017 have something between 5 and 15.
Makes sense since btc is now at x10 of the 2014's ATH.
Being early pays.
*pussies who stare at their monitors but never buy will never get close to these levels
If the latecomers play their cards right they'll have an opportunity to increase their btc stash by %200 - %500. All it takes is shorting the parabolic at the right time.
I agreed with you until you got to the last paragraph.
When you say shorting, you are NOT really saying shorting are you?, but instead you are suggesting closing a long (by selling) and then buying back lower, right?
Of course, I personally don't really agree with playing around very BIG with those kinds of strategies that attempt to time the market and figuring when to get back in, and even though closing longs and buying back lower would be safer than shorting, I suppose that they are similar concepts depending on whether margin is used.
If you use margin, then of course, you would be shorting in the traditional sense of the term, but also risking losing all of the BTC that you accumulated if the price moves against you, meaning continues to go up.
Of course. I never did a leveraged trade in my life. Shorting means selling on spot for me. It was a figure of speech. Probably shouldn't have used it like that.
You know how parabolic moves happen. They happen in a very short time scale very fast.
It would be dumb not to take action against a movement like this. You also should never sell if it is going up slowly. (unless you don't need to hodl anymore lol)
