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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12149. (Read 26609636 times)

legendary
Activity: 1652
Merit: 4393
Be a bank
.
$10
"crypto was a scam all along"
if it goes to ten dollars i'll eat your dick
full member
Activity: 375
Merit: 103
This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.
On a large scale, the downtrend is flattening... until now.

A common error of traders is that they want to catch the very bottom.
You don't NEED that. Actually, unless you're the big whale(or group) that's moving the price you probably won't manage to "catch the falling knife".
Instead of that, near the bottom there's plenty of time to think and make a good decision to buy and make a good profit with lower risk of missing out.
That's way I bought on the way down. There is a good chance the price will go down further but... damn... I even bought when it was 12-13k... now it's time to make decisions!
jr. member
Activity: 108
Merit: 6
Next stop 2k
"Buy the Dip"

1k
"Buy the Dip"

$10
"crypto was a scam all along"
legendary
Activity: 1834
Merit: 1520
First and foremost, when the time comes take some fucking profits.

This is what I must regret.

If I had take 10-20% profil I would had recover almost all my investment and would be relaxed now. Possible buying more.

Never try that. Never sell until and unless they're worth enough to make you rich. That's what I've learned from an epic bull run of 2017. I was almost 90% out of crypto by August-November 2017 because I "took profits at 1.5x to 2x".

Maximize your greed, if you're ready to spend a few years in waiting.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
Flappening confirmed





Yeah, LTC market is now bigger than BCH! Flappening price-wise to follow soon?  Cool
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
I'd say though that people should decide on a price and proportion of coins that works for them and get rid no matter what the market looks like it might do once those targets are hit.

Yeah, don't back-pedal on your targets when the time comes and don't fall into the trap of reinvesting what you intend to keep out.

Having said that, Bitcoin is always one step ahead of the game...

Yup, that's a great advice. Only reinvest what you plan to reinvest and keep out what you plan to keep out. In "practical sense" only what you take out for good should be counted as profit taken. Other than that is just "trading".
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Flappening confirmed





Explanation of why ETH has more to drop:  https://twitter.com/crypto_macro/status/1073982137127370752

What crypto has taught us

legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓

Excellent post, please give him some merit I have been out of merits for months. This post is going to be a very helpful guide during a bull run.

I'd like to add that with all the nocoiners asking you for advice and talking about it more and more. During the last bull run I had the feeling bitcoin adoption suddenly had skyrocketed. Meaning that my view of adoption was completely delusional because of the sudden increase of price. Which resulted in me barely selling any coin and not having extra fiat to buy back during the bear market. The price attracts a lot of people but that's not adoption, adoption is the people who are leftover after the attraction of the price. This is how I see it.


Thanks!

Yes, I thought the same. Probably everyone did.... but all that people that clogged the exchanges during the last stages of the bubble were just ignorant FOMOers.

We should have known better. And the same happened in 2013, exchanges had a very long verification queue. Bitcoin was in the news, maybe not as omnipresent as in Q4 2017 but still a big change from almost 0 presence to some important presence. China FOMOed strongly into the hype.... until they didn't. It imploded and most of the FOMOers were gone for good.

The bolded part sums it perfectly!

legendary
Activity: 1652
Merit: 4393
Be a bank
When you walk through a storm
Hold your head up high
And don't be afraid of the dark

At the end of a storm
There's a golden sky
And the sweet silver song of a lark

Walk on through the wind
Walk on through the rain
Though your dreams be tossed and blown

Walk on, walk on
With hope in your heart
And you'll never walk alone

You'll never walk alone

Walk on, walk on
With hope in your heart
And you'll never walk alone

You'll never walk alone
legendary
Activity: 2842
Merit: 1511
Booze keeping me warm today, but its needed, cos i’m freezing Wink

Welcome to Britain. Hope you enjoy the rain.
copper member
Activity: 2898
Merit: 1465
Clueless!
I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.

Brilliant post.

I'd say though that people should decide on a price and proportion of coins that works for them and get rid no matter what the market looks like it might do once those targets are hit.

If you can't bring yourself to do that then you either have the wrong price or proportion.

At the $10-15,000 level loads of people will be back in the black and it may sit there and not do much. That's a humongously more relaxing time to do to.

Yes, setting milestones is very important and everyone should do it in some percentage but, even if someone hasn't reached those milestones or extracted enough... when the obvious signs of being in the final phase of the bubble come it is the time to FUCKING HURRY UP Smiley

Also, when taking profits, it is extremely important to really "take them" I mean, if you just leave them on the side, you will be very tempted to use them at the very next dip. So, either extract them for good or, at least, set another milestone in which you will use them to rebuy (ie, at half the price you sold, etc) and stick to the plan. It is of course possible, to decide some percentage to be taken "for good" and some higher one for trading/rebuying in the bear market.

That's a nice price target to get some percentage of profits during the next bull run, yeah. I suspect (as d_eddie already suggested) the next bull run will have different price dynamics and much more people will be taking profits on the way up than this time so the uptrend will be smoother and more prolonged in time.... until the final stage that most probably will be as explosive and short as every single time in the past.

Thanks for the comments and positive feedback! When I finish my posts writing about my mistakes I will try to combine it all in one single text and include some of this suggestions. Might come handy during the next bull run.

Took my profits, to get me thru the next 1.5 years of retirement (w/o taking soc sec and traditional investments early). So in full HODL mode. Sold some equipment to be paid per

the agreement after Jan 1st 2019 (a friend no risk) at 10k. Thus one of 2 things 1) I get a lot more BTC then or 2) I get a lot less BTC then.

the next year is just plain gonna suck. We may just match gold as a virtual gold at 1.5k ..gold ..pretty much was in that rut for last 5 years..

it is all about adoption...and right now with the excess of BTC due to price bubble and mining difficulty way out of wack with that..this again will take 1 year IMHO>

my hope is that at LEAST'  it will bounce between 3k and 3.5k sideways or above at worse..but probably not. Sad
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.

Brilliant post.

I'd say though that people should decide on a price and proportion of coins that works for them and get rid no matter what the market looks like it might do once those targets are hit.

If you can't bring yourself to do that then you either have the wrong price or proportion.

At the $10-15,000 level loads of people will be back in the black and it may sit there and not do much. That's a humongously more relaxing time to do to.

Yes, setting milestones is very important and everyone should do it in some percentage but, even if someone hasn't reached those milestones or extracted enough... when the obvious signs of being in the final phase of the bubble come it is the time to FUCKING HURRY UP Smiley

Also, when taking profits, it is extremely important to really "take them" I mean, if you just leave them on the side, you will be very tempted to use them at the very next dip. So, either extract them for good or, at least, set another milestone in which you will use them to rebuy (ie, at half the price you sold, etc) and stick to the plan. It is of course possible, to decide some percentage to be taken "for good" and some higher one for trading/rebuying in the bear market.

That's a nice price target to get some percentage of profits during the next bull run, yeah. I suspect (as d_eddie already suggested) the next bull run will have different price dynamics and much more people will be taking profits on the way up than this time so the uptrend will be smoother and more prolonged in time.... until the final stage that most probably will be as explosive and short as every single time in the past.

Thanks for the comments and positive feedback! When I finish my posts writing about my mistakes I will try to combine it all in one single text and include some of this suggestions. Might come handy during the next bull run.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
First and foremost, when the time comes take some fucking profits.

This is what I must regret.

If I had take 10-20% profil I would had recover almost all my investment and would be relaxed now. Possible buying more.

Looking back that's what I'd most definitely do - sell all @20k and rebuy at 3k (all in)  Grin  Unfortunately (or luckily) I'm not a trader but a HODLer.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
need to wear a beer jacket





I’m going to hard today mate.... beer just 1 big one, wine is flowing as crazy, hot chocolate with amaretto.....
Booze keeping me warm today, but its needed, cos i’m freezing Wink

Tomorrow pre match - The Sandon or The Albert for the best pre match atmosphere.

Thx for the info Will check Some things out Wink
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
need to wear a beer jacket





I’m going to hard today mate.... beer just 1 big one, wine is flowing as crazy, hot chocolate with amaretto.....
Booze keeping me warm today, but its needed, cos i’m freezing Wink

Tomorrow pre match - The Sandon or The Albert for the best pre match atmosphere.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
need to wear a beer jacket





I’m going to hard today mate.... beer just 1 big one, wine is flowing as crazy, hot chocolate with amaretto.....
Booze keeping me warm today, but its needed, cos i’m freezing Wink
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
yeah man i know, but i'm just not the marrying guy  Undecided

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

I read somewhere that if you move to & marry in the south of France then in the event of any divorce the guy gets everything.

via Imgflip Meme Generator
@LFC
Its Nice down here, but F***ing cold

Haha!
Enjoy yourself mic! Are you going to the Beatles Museum? Lots of tourists like to go there & The Cavern Pub, it’s where they used to play before they got famous.

You won’t struggle to find bars Grin

I think the winter market is on by the docks, lots of cocktails, ice skating & stuff like that, near Malmaison Hotel.
legendary
Activity: 2702
Merit: 2053
Free spirit
need to wear a beer jacket



legendary
Activity: 2520
Merit: 3038
yeah man i know, but i'm just not the marrying guy  Undecided

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

Indeed, the transition from gf to wife never, ever, makes a woman any better.
Luckily, I think our friend Mic isn't too eager to lock himself in a cage, however golden it might be.  Wink
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
yeah man i know, but i'm just not the marrying guy  Undecided

pfff strange flight first to milan out of direction, to then fly to LFC

Don't do it! Marriage is a trap!

I read somewhere that if you move to & marry in the south of France then in the event of any divorce the guy gets everything.

via Imgflip Meme Generator
@LFC
Its Nice down here, but F***ing cold
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