So I got a question on Quora which asked " What is the best Bitcoin trading strategy".
I answered as follows... You can search for the answer on quora also.... :P
Wait for china ban, wait wait till another country declares ban on ICOs, wait for another comment from Dimon, wait for some more bans, sell your house, car, kidneys, and everything….. wait till bitcoin reaches $2000 again….. buy all bitcoins you can with the money you have after selling your house, kidneys, etc….
Wait for a few days till North korea gives threat to launch nuclear missile, wait for some more attacks and economic downfalls, (coz thats when btc prices rise up)
Wait for a war, see btc prices surge to all time highs, lets say $7500 … sell everything….. now buy back your house, kidneys etc etc…. U'll still have huge amt of cash remaining
Invest that cash again when you find another ban and prices dip…
P.s. you asked me for the best strategy…. This is an ideal case to make most profits…. You may omit selling your kidneys if you are health conscious….
The key point here is Waiting.... But also make sure you dont wait till you die one fine day..... 😂
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Yea except for the fact that theres a chance the market wont recover.
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There's one more strategy if you dont want to wait long....
Sell ur house, buy a flight ticket to Zimbabwe, (make sure to buy return ticket also to be kn safe side😝)
Buy bitcoins with the money you got by selling ur house, go to Zimbabwe, sell bitcoins there at high price, and come back.... Then repeat with the extra cash you have now...... Lol
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