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PDF Editor FAQ

What is your checklist to sell BTC to buy back (i.e., what are the hints to know Bitcoin’s overly valued enough to be better to sell AND BUY BACK in a day or so, than to just HODL?)?

I start to believe we are witnessing a modern tulip mania. Read about it: The Dutch "Tulip Mania" Bubble (aka "Tulipomania") |I read that “merchants sold all of their belongings to purchase a few tulip bulbs for the purpose of cultivating and selling them for more profit than they could have ever made in a lifetime as a merchante”In The Netherlands there is this one person allready who sold his house for bitcoins. The Dutch father of three who sold everything for bitcoin calls it the best decision he ever made — and now he's swarmed by fans who agreeAnd the price of Bitcoin is just rising and rising.This is how I trade the bitcoin. If I am right about my comparison, I will have profits. If I am wrong I will not become rich, but will have small profits. At least in bove casses, I will not loose sleep over it.I invest in Bitcoin with max $500 and usely with $250. My result over a period of two, tree years is a gain of $1200.My technique is for al my investment more or less the same. I buy for max $500 a investmentvehicle. If the vehicle can go to zero, like stocks or Bitcoin, I will never buy more if the price go down and I do not sell with loss. If the vehicle cannot go to zero, like physical silver I will buy every month more of it for a small amound of money. If the price go up, I will sell for $500 and have some stocks of Bitcoin for free.ExamplesI buy 1 bitcoin for $1000. I keep it until the price is $1100. I sell 0.9 Bitcoin. I receive $990 and have 0.1 Bitcoin for the price of $10 or close to zero.To make a profit and have Bitcoin close to zero I buy 1 Bitcoin for $1000. I keep it until the price is $1200. I sell 0.9 Bitcoin for $1080. I have 0.1 bitcoin for free and a I have a profit of $80.An other advice I always give is to buy each month 1 ounce of PHYSICAL silver and keep it until the day you retire. In the long run you will have profits. You will not easely sell the silver for other purposes (very important), so you will have your own retirement capital, even if it is a relatively small sum of money. If you are 20 years of age, you have lived for 240 month and you should have 240 ounces of physical silver. One ounce of silver cost now more or less $20, so you should not feel the buy in your budget, even if you have to buy two ounces for the next 240 month, because you start to late with that idee.I do not give financial advice. You will have to act on your own responsbility.

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