Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 10017. (Read 26723258 times)

Monday (UTC) decision time

Ok... I guess I did see that one, and it seems that I was not as struck by it's humor, as you.  Go figure.

For a bit of a factual clarification (and I hope that I don't ruin any significance of the joke for you), in essence, even though I got my mom to invest into BTC, and she takes some of my suggestions, she really has been employing variations of my methodology that gravitates a whole hell of a lot more towards HODLing.. and playing around with a few shit coins, here and there, in order to "entertain" herself.

So, I really don't consider her to be following my lead very much beyond the initial choice to get into bitcoin and then to hold through a few of the downward bad periods.... which may have even caused her to be way more profitable in terms of percentage that she profited from what she had put in.

In the end, whatever she is doing is working for her, and from time to time, she does ask me some questions and seems to account for what I am suggesting to be good strategies....

Oh, with regard to laddering specifically in a way that I employ it, I think that she tried some variation of such laddering in 2015 (and maybe even extending into 2016), and sometime in 2016, she told me that she was abandoning a laddering kind of an approach because it was not working for her.




I think that it is good to kind of know where you are at, and it also seems that at a certain point, more emotion gets taken out of the feeling of a need to have to accumulate more BTC, like when you largely feel that you have enough... though you likely won't complain if you are able to accumulate more, but you are not really so anxious about a kind of feeling that you need to accumulate more in order to feel comfortable with your overall balancing.


I get the sense that you have a decent grasp of what you are doing to prepare for either price direction, so I am glad that you attempt to share some of these concepts, and there are likely some folks who would prefer to employ some variation of an approach that is closer to yours than to mine.. because I am just a bit reluctant, if not hostile to employing shorts, whereby you seem to have found decently prudent ways to make them work to hedge your BTC price direction bets.


Yep... exactly... she could go in either direction and has been teasing quite a bit in recent days regarding which way she is going to go...

In that regard, from about early December to late March, we seemed to have had experienced a decent amount of boredom, with price swings staying within a pretty small range, but in recent weeks, our BTC price swings have been quite stupendous and interesting and surely good for traders to have opportunities that come more forcefully through periods of decently high levels of volatility.   Surely our BTC volatility could settle down in the coming months, but there is no real way to figure out whether it will settle down and/or for how long, if it were to.

It's a very interesting strategy. Just to be sure you have two parallel ladders, but only one open at a time?


Exactly, I would rather cash out and wait patiently for another best entry point, when BTC is crashing, especially when there are a lot of signs, before each deep.
These crashes are not so uncommon as in 2017. One didn't know what to expect. This is such a different filling to watch the price going down with margin position open  .

Hodling in such a moment could be a pain and always was for me, so this year I try a different approach and sell, just like you, to not sweat too much when there is 30% pullback.
I just don't see any sense to HODL (my full position), especially if I am watching the price very closely, each day from years and see the crash coming.
In 2017 I would HODL and this year I sell 70% on the top and open a margin position.


Looks like the price will soon close the trend triangle. There will be only two scenarios, we will break up or down.
I still hope it will be up, but if bulls will be not strong enough in 4 to 8 hours all indicators, turn again bearish and indeed there can be a flash crash, again.
We need more volume (above 30 billion for faster, stronger moves) or more buyers. The 4hours chart and daily, still looks good and strong. Let's hope the pump will come.

Man! If she looks really like this in real life then I would not mind with this older lady 🤪

Boobjob looks cheap tho