Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1172. (Read 26610803 times)

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My friends; have no doubt.... 

Time to leave the $3x,xxxs behind forever.

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Lets hope so
would be very well earned for us hardcore HODLers

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ChartBuddy's 24 hour Wall Observation recap
..
All hail ChartBuddy

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I edited on the image.


I don't like late January, I hope to filled the middle of March.

Yep seeing -15.986BTC from Friday to Monday, totally wasn't expecting GBTC outflow to increase, but bring it, dump it all you GBTC fools

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Lol Yeis ie  doie.
Well I'm aware of the drama
But sometimes a man gonna crave comedy.

Thanks for pointing that out, it already began to dawn upon me but now I know for sure..
Then again, when the invoices start to change colors so to speak you can't wait any longer for the squiggly lines to please ones desires and wishes.

Though seriously, in the past it worked more often than not to wait as long as possible to sell for basic needs (a mandatory insurance is not exactly an "extra" expense in my book).
And I'd like to quote Jimbo here in my defense  (IIRC, apologies if I'm attributing this wrongly to him) : "Buy if you can and sell if you have to" and it was clearly a "have to" moment.

Remembering for what I buyed the sats I sold yesterday I'd like to quote the lil doggie too: "This is fine".

Source.

You must be new here.

Dee cornz is all about drama.

Don't uie noie nuttin?


My first thought is:

"Been there.

Done that."

My second thought is that perhaps a further slide could be in the cards, depending upon what might be considered to be a "soft, firm ledge."

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I hope not.

It is not becoming of a gentlemen to be cheering for down.


The needing to sell a bit for some "extra" expenses seems like it should have been in the upper $40s, not in the upper $30s..

#justsaying


Ooooh upping your BTC accumulation game?  perhaps?  Perhaps?

Your buys in the upper $30ks don't make up for the 2.5 BTC that you sold around $20k and failed to get back (just throwing out some off-the-cuff estimates)... and yeah, I know some of the modern theories regards selling low and buying high.. so I suppose, whatever floats your boat.

well nice thing with a setup of basement steps down to 33k I don’t have to pay attention.

While it is okay for me to have them drop to the basement level of 33k.
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Oh?  Now I see what you are doing.  You are counting your chickens before they hatch, which seems to be a similar thing that you did when you sold your 2.5 BTC at around $20k and hopeing to buy them back in the $12k-ish arena. .that did not end up playing out, but you were willing to wait it out and you end up buying Ibonds and some other dumb shit that included your pumping that non-sense so that you could influence other retards to do the same thing in order to lock in their yield.. and that trade has not gone too well, even though nominally it seems to be a competitive rate that desperate uncle sam was offering and gullible dumbfucks not only bought it but were pumping the nonsense when they should have been at least quiet about it and pumping BTC instead..


Ladders might work in both directions, but they do not work that great if all you are doing is skimming off dollars.

The real power of the ladders is the underlying BTC.. so for example, if you have a ladder in which you are buying on the way down 1-2 BTC for a 20% to 40% price move and maybe selling 1-2 BTC with a 40% to 80% rise in BTC prices, then a lot of the secret would be the underlying BTC that might constitute around 100 BTC in order to justify playing around with that much BTC.. so it may not really matter that much if you are buying and selling 1-2BTC to offset some of the volatility as long as you are keeping your eye on the main prize of the 100 BTC or whatever it is that might have gone down from $50k ($5 million to $3 million) but then they end up correcting again. and probably getting up; to $5million and beyond, and the 1-2 BTC that might have been traded along the way, and maybe getting 0.2 BTC in profits is largely a sideshow rather than the main event.. which is the underlying 100BTC that already had largely been accumulated over the years. 

I know it can be hard to sink in when you have a lifetime of bad habits praying and worshiping Uncle Sam.


That largely seems like a sub category, even though it does currently exist.. and by the way, we did get up to $49,048 on January 11.. if I can see dee charts correctly.


Profits in what?  Short term profits?  Are you stacking sats with that?  No I didn't think so.. you might be allergic to stacking sats because you are so distracted by stacking dollars.  Hopefully not too many of your bad habits rub off  on others, even though you do have some of the basic principles correct, except you have troubles achieving compounding values because you are too busy getting in and out of your ladders. which is profitable, but not in a compounding sense because you are stacking dollars rather than stacking my lil precious.

 

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buddy is a wishy washy mother fucker.  Simply does not have to balls to drop to 33k level.

We will likely dance around 40k for 2-3 weeks minimum.

the reality buddy is afraid of JJG and does not want to awaken him. 

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