Timing the market isn't as hard in a sustained bull market, because being right %50 of the time still results in returns. When Bitcoin makes all time highs, se

Timing the market isn't as hard in a sustained bull market, because being right %50 of the time still results in returns. When Bitcoin makes all time highs, selling some is an easy strategy, and then when some random news hits and it drops, or whales start throwing weight around, then you can buy in at a discount like this guy did. The article leaves out that it has come back up to $4k right now. Since so many traders are following stock oriented trading strategies the market dynamics end up being a lot like stocks with sentiment driving direction, which is probably not super hard to trade (though I'm not good at it.) So much of the stocks value and future depends on regulatory environment and stocks are located in one jurisdiction... meanwhile bitcoin global. So as time goes on, any one jurisdiction making scary noises has less effect on bitcoin. The drop to $3k was due to china "banning bitcoin" (for like the 8th time this year) and it was quickly shrugged off... I remember china "banning bitcoin" back in January taking us from $1,200 to $800.