Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31855. (Read 26736196 times)

legendary
Activity: 1008
Merit: 1000
Dumb broad
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
This must be the coolest thread in the whole bitcointalk forum...
GOOD MORNING FELLAS
Good morning rpietilla, thanks for the advice...
legendary
Activity: 2016
Merit: 1259
In other word, if BTC cannot be used as a real currency
Should I take a picture of me eating a meal cooked exclusively from ingredients produced by local farmers who accept Bitcoin?

Another reason to move to Texas, hmmmm?
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
For most people, holding 100% of the initial amount is not a wise choice. It is good to diversify by selling into strength to account for the possibility of a black swan event in Bitcoin technology. This way you steadily accumulate also non-BTC assets, and can learn how to handle wealth. You sleep better and don't see dips in price as an opportunity to panic, but rather an opportunity to buy back if you really feel like so. The selling plan must be based on percentages, which means that no matter how high bitcoin goes, you still have more value in your remaining BTC.

If you have BTC1,000 and you absolutely want to have the same number when it hits $million, then it is best to just bury the paper wallet into ground and wake up when you are a billionaire. Trading only makes you lose the most of it over time with no gain. But it is not healthy for anyone to suddenly become a billionaire.

If instead, you flex your Excel muscle and devise a plan to sell BTC900 in decreasing increments at exponentially rising price points, you will already be rich and well-established when bitcoin hits $1 million, and totally content with the idea that your remaining stash is still worth a cool $100M.
For me, Bitcoin is not an investment - it's immigration.

Instead of being a fiat native who dabbles in Bitcoin, I'm now a Bitcoin native who only deals with fiat reluctantly, when it's unavoidable.

At the present time I pay for more than 50% of my monthly expenses with BTC and that percentage is trending up.

The great tech exit ... texit.
legendary
Activity: 1400
Merit: 1013
In other word, if BTC cannot be used as a real currency
Should I take a picture of me eating a meal cooked exclusively from ingredients produced by local farmers who accept Bitcoin?
sr. member
Activity: 434
Merit: 250
it usually makes sense
Bitcoin isn't usual.

All it takes is one mistake when it moves against you and you've permanently ended up with half the BTC you could have owned if you'd have just held.

For most people, holding 100% of the initial amount is not a wise choice. It is good to diversify by selling into strength to account for the possibility of a black swan event in Bitcoin technology. This way you steadily accumulate also non-BTC assets, and can learn how to handle wealth. You sleep better and don't see dips in price as an opportunity to panic, but rather an opportunity to buy back if you really feel like so. The selling plan must be based on percentages, which means that no matter how high bitcoin goes, you still have more value in your remaining BTC.

If you have BTC1,000 and you absolutely want to have the same number when it hits $million, then it is best to just bury the paper wallet into ground and wake up when you are a billionaire. Trading only makes you lose the most of it over time with no gain. But it is not healthy for anyone to suddenly become a billionaire.

If instead, you flex your Excel muscle and devise a plan to sell BTC900 in decreasing increments at exponentially rising price points, you will already be rich and well-established when bitcoin hits $1 million, and totally content with the idea that your remaining stash is still worth a cool $100M.


That is incredibly sage advice and I just might take it. Really. Some people should read this carefully. You are absolutely right, being a billionaire overnight is not healthy. Not even being a millionaire overnight is healthy.


I've read it over at least a half a dozen times and I agree that it is useful.

I was a part of the 2011 tulip festival with Bitcoin and I sold a bit this month when it crashed to under 500. But my long-term goal is for 10 years. I believe it will be the best investment for that time period.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
good grief...its relentless
legendary
Activity: 882
Merit: 1000
it usually makes sense
Bitcoin isn't usual.

All it takes is one mistake when it moves against you and you've permanently ended up with half the BTC you could have owned if you'd have just held.

For most people, holding 100% of the initial amount is not a wise choice. It is good to diversify by selling into strength to account for the possibility of a black swan event in Bitcoin technology. This way you steadily accumulate also non-BTC assets, and can learn how to handle wealth. You sleep better and don't see dips in price as an opportunity to panic, but rather an opportunity to buy back if you really feel like so. The selling plan must be based on percentages, which means that no matter how high bitcoin goes, you still have more value in your remaining BTC.

If you have BTC1,000 and you absolutely want to have the same number when it hits $million, then it is best to just bury the paper wallet into ground and wake up when you are a billionaire. Trading only makes you lose the most of it over time with no gain. But it is not healthy for anyone to suddenly become a billionaire.

If instead, you flex your Excel muscle and devise a plan to sell BTC900 in decreasing increments at exponentially rising price points, you will already be rich and well-established when bitcoin hits $1 million, and totally content with the idea that your remaining stash is still worth a cool $100M.


That is incredibly sage advice and I just might take it. Really. Some people should read this carefully. You are absolutely right, being a billionaire overnight is not healthy. Not even being a millionaire overnight is healthy.


I kind of don't believe BTC will be $1M but still cannot be used as a real currency. In other word, if BTC cannot be used as a real currency, I don't think it's price will increase a lot further.
legendary
Activity: 1400
Merit: 1013
For most people, holding 100% of the initial amount is not a wise choice. It is good to diversify by selling into strength to account for the possibility of a black swan event in Bitcoin technology. This way you steadily accumulate also non-BTC assets, and can learn how to handle wealth. You sleep better and don't see dips in price as an opportunity to panic, but rather an opportunity to buy back if you really feel like so. The selling plan must be based on percentages, which means that no matter how high bitcoin goes, you still have more value in your remaining BTC.

If you have BTC1,000 and you absolutely want to have the same number when it hits $million, then it is best to just bury the paper wallet into ground and wake up when you are a billionaire. Trading only makes you lose the most of it over time with no gain. But it is not healthy for anyone to suddenly become a billionaire.

If instead, you flex your Excel muscle and devise a plan to sell BTC900 in decreasing increments at exponentially rising price points, you will already be rich and well-established when bitcoin hits $1 million, and totally content with the idea that your remaining stash is still worth a cool $100M.
For me, Bitcoin is not an investment - it's immigration.

Instead of being a fiat native who dabbles in Bitcoin, I'm now a Bitcoin native who only deals with fiat reluctantly, when it's unavoidable.

At the present time I pay for more than 50% of my monthly expenses with BTC and that percentage is trending up.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
it usually makes sense
Bitcoin isn't usual.

All it takes is one mistake when it moves against you and you've permanently ended up with half the BTC you could have owned if you'd have just held.

For most people, holding 100% of the initial amount is not a wise choice. It is good to diversify by selling into strength to account for the possibility of a black swan event in Bitcoin technology. This way you steadily accumulate also non-BTC assets, and can learn how to handle wealth. You sleep better and don't see dips in price as an opportunity to panic, but rather an opportunity to buy back if you really feel like so. The selling plan must be based on percentages, which means that no matter how high bitcoin goes, you still have more value in your remaining BTC.

If you have BTC1,000 and you absolutely want to have the same number when it hits $million, then it is best to just bury the paper wallet into ground and wake up when you are a billionaire. Trading only makes you lose the most of it over time with no gain. But it is not healthy for anyone to suddenly become a billionaire.

If instead, you flex your Excel muscle and devise a plan to sell BTC900 in decreasing increments at exponentially rising price points, you will already be rich and well-established when bitcoin hits $1 million, and totally content with the idea that your remaining stash is still worth a cool $100M.


That is incredibly sage advice and I just might take it. Really. Some people should read this carefully. You are absolutely right, being a billionaire overnight is not healthy. Not even being a millionaire overnight is healthy.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Ahhh...there's that spike I could feel.

Went out and did some weeding...always a sure thing the market will move while I'm away.

So, educated madames et monsieurs....where do we take profits before this trend reverses?


somewhere between 1700 and 2200

... my calcs are putting this next peak somewhere between 2500-3200 ... but not until March or so.

One thing to note is the total time taken for the run-ups at each adoption phase is longer than the last ... i.e. each bull wave gets more powerful than the last.
donator
Activity: 1722
Merit: 1036
it usually makes sense
Bitcoin isn't usual.

All it takes is one mistake when it moves against you and you've permanently ended up with half the BTC you could have owned if you'd have just held.

For most people, holding 100% of the initial amount is not a wise choice. It is good to diversify by selling into strength to account for the possibility of a black swan event in Bitcoin technology. This way you steadily accumulate also non-BTC assets, and can learn how to handle wealth. You sleep better and don't see dips in price as an opportunity to panic, but rather an opportunity to buy back if you really feel like so. The selling plan must be based on percentages, which means that no matter how high bitcoin goes, you still have more value in your remaining BTC.

If you have BTC1,000 and you absolutely want to have the same number when it hits $million, then it is best to just bury the paper wallet into ground and wake up when you are a billionaire. Trading only makes you lose the most of it over time with no gain. But it is not healthy for anyone to suddenly become a billionaire.

If instead, you flex your Excel muscle and devise a plan to sell BTC900 in decreasing increments at exponentially rising price points, you will already be rich and well-established when bitcoin hits $1 million, and totally content with the idea that your remaining stash is still worth a cool $100M.


legendary
Activity: 2450
Merit: 2089
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 378
Merit: 250
great, report back when you double your coins
I've already done so multiple times.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
great, report back when you double your coins
sr. member
Activity: 378
Merit: 250
it usually makes sense
Bitcoin isn't usual.

All it takes is one mistake when it moves against you and you've permanently ended up with half the BTC you could have owned if you'd have just held.
It would have made sense two out of the three "bubbles" to do so. This price will crash as well. I am taking profit when it looks like the top and I'll double or tripple my coins on the buy-back.

good luck with that
What is luck about it? If you sold at $250 and bought back at $100 you would have done just as well. If you did the same at $30 even better. Once this rise is done its going back down to $400-$500. You sell once it starts going parabolic and buy in. Its not that difficult. Only thing is this past bubble burst early, so get back in to make profit and let it burst again.
donator
Activity: 2772
Merit: 1019
it usually makes sense
Bitcoin isn't usual.

All it takes is one mistake when it moves against you and you've permanently ended up with half the BTC you could have owned if you'd have just held.
It would have made sense two out of the three "bubbles" to do so. This price will crash as well. I am taking profit when it looks like the top and I'll double or tripple my coins on the buy-back.

good luck with that

I've given up trying. Just doesn't work for me.
sr. member
Activity: 434
Merit: 250
I am amazed it is this high already 5,731.00 CNY = 940.526 USD

Are we there yet...can I sell a wee bit more.



I am amazed it is this high already 5,731.00 CNY = 940.526 USD

Are we there yet...can I sell a wee bit more.




https://www.youtube.com/watch?v=_0qsi1z4Fi8
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
it usually makes sense
Bitcoin isn't usual.

All it takes is one mistake when it moves against you and you've permanently ended up with half the BTC you could have owned if you'd have just held.
It would have made sense two out of the three "bubbles" to do so. This price will crash as well. I am taking profit when it looks like the top and I'll double or tripple my coins on the buy-back.

good luck with that
full member
Activity: 196
Merit: 100
I am amazed it is this high already 5,731.00 CNY = 940.526 USD

Are we there yet...can I sell a wee bit more.


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