Topic: What do you think about this plan? - page 2. (Read 422 times)
Buying at a cheap price is a feasible plan to make a profit, bitcoin will definitely make a leap again, and it will be a big profit. Buying now as an opportunity to change the future for the better.
Your plan is one long string of assumptions that all depend on each other. It's like betting on the outcome of 10 football games when 1 is bonkers enough. Maybe a few people per year manage it. Everyone else falls by the wayside.
If you're that confident of a fall, and I certainly don't think there's much appetite for rising on the horizon, short it instead. You won't be left with nothing if your targets don't hit and you're too married to them to change your plan.
If you're that confident of a fall, and I certainly don't think there's much appetite for rising on the horizon, short it instead. You won't be left with nothing if your targets don't hit and you're too married to them to change your plan.
When everyone starts thinking like this you can bet the bottom is in. That's when the real capitulation happens. Followed by the crying of the sellers and laughing of the buyers.
Imagine having one bitcoin.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
Buy now and sell after a year or two is not an investment plan but a gamble. There is no reason for the price to rise * this week * so we may see further declines.You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
If you want to think rationally, you'll see how the market looks and what will happen in the coming days and then decide to buy, sell or wait longer.
Personally, I expect to see stability or further declines in the coming days "a week or two" after which we will see a longer period of ups or downs.
Imagine having one bitcoin.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
Alternatively, you have 1 btc, you sell now and the price goes to 6k by Christmas. You don't buy back and cut your losses because you think the price will dip again. The price then continues to increase and goes to the previous ATH or higher. You've lost out on 17k+.
There are two sides to this argument always and it's easy to neglect that. As for bitcoin going to 1k it's very unlikely to happen, there are too many strong support levels between the current price and 1k. If it did go to 1k it would probably signal that bitcoin was going to strugge and the price would fall further without some intervention.
Imagine having one bitcoin.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
Everyone seems to think they'll be able to scoop up coins at $1,000 or $1,500. That makes it seems less and less likely. I don't think we've seen the bottom quite yet, but bears are starting to get greedy with their targets.
I still think $2,900 or so will be the lowest we go.
Imagine having one bitcoin.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
It's definitely the basic idea buy now when the price is low. We know already rhe the power of BTC and many are becoming unexpectedly to be millionaire due to this kind of business. What is required about this is that we should have a strong emotions to hold such pressure when timea get rough.
Imagine having one bitcoin.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
You sell that bitcoin at the current price(around 3800 USD).
Bitcoin crashes again somewhere around Christmass and the price goes down to 1K USD.
You buy 3.8 bitcoins with the dollars you got from the previous sale and you HODL.
In 2019-2020 bitcoin recovers to 10K USD (or maybe reaches 20K ATH).
You have made atleast 38K USD.
I know it's not guaranteed to happen,but hey,this is the Speculation forum,so why not speculate about this.
I think that this is every crypto whale's trading plan for the next 2 years.
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