If bitcoin dropped to $50,000, this would fit a curve drawn through the bottom 1% of bitcoin prices over time. By the end of the year, this curve will go through $60,000. So far, the best curve (of reasonable complexity) says price today would be about $111,000. Under 80% of that curve, I buy. Between 80% and 140%, I hodl. Between 140-150% I will take chips off the table and hodl in dollars until we get back down to 80% or under.
(10^-16.62)×(days since 1/3/2009))^5.71
This is a reasonably conservative formula derived from data up to late 2024…data from 2011-2016 yields highly variably curve fits but after mid 2016, but best fit curves for 2011-20xx where xx>16 are all very darn close to each other.
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Replies (5)
That seems a good strategy and plan. I cannot hold dirty fiat for longer than a day so cant take chips ofd the table.
The bear is far from peak, i hope we dont go too low, but it would be a good stacking opportunity.
A man with his own strategy for stacking I like this guy 👆
Bravo 👏
One of my biggest regrets is not buying big when prices were low but instead opted to dca
What is this hodl in dollars you speak of?
Thx for sharing 🚀