RE: BTC down to 30k or below28 Feb 2021 17:06
bucket, nobody knows what btc price will be in the next minute, so you are correct. The object of the exercise is not to guess the lowest point. It may go lower overnight, it may go up overnight, but m prepared to bet that it will go up over the next few weeks, so I bought some today. If it goes down, I’ll hold, otherwise I will sell it when it gets back over $55k..
I have the same philosophy with ARB. I bought twice last week, for trading. If it goes down I’ll hold, otherwise I will wait for the inevitable Nasdaq listing and sell them then. I am holding more for the longer term. I’m not here to guess the market perfectly. I’ll be happy if I just make lots of profit.
:-).