Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1276. (Read 26730847 times)
February 14, 2024, 02:01:15 PM
February 14, 2024, 01:36:12 PM
When?
So many fond memories of that object.
I can still feel the enjoyment of the slow rendering of pages in front of my eyes.
Something fiber and Starlink (*) users are not meant to understand.
(*) I am one of those, by the way.
February 14, 2024, 01:14:00 PM
gm
Happy Valentine's Day!
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the morning wall report
dyor
yesterdays defense against the legacy market sell off and the VIX run up was one of the most epic hodls ever....few understand this
continued accumulation into March with some local consolidation likely
this is usually the part of the year when stocks retreat to take some profit and the dollar surges...lets see how that plays out for Jerome and the boys with inflation nipping at their heels still
bitcoin looking very shiny atm and drawing many eyes
steady on lads
1h
4h
stronkhands
Happy Valentine's Day!
-----------
the morning wall report
dyor
yesterdays defense against the legacy market sell off and the VIX run up was one of the most epic hodls ever....few understand this
continued accumulation into March with some local consolidation likely
this is usually the part of the year when stocks retreat to take some profit and the dollar surges...lets see how that plays out for Jerome and the boys with inflation nipping at their heels still
bitcoin looking very shiny atm and drawing many eyes
steady on lads
1h
4h
stronkhands
February 14, 2024, 01:04:51 PM
We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In an early bull market, youbuy remain all in, buddy, it is as simple as this.
Don't overthink it.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In an early bull market, you
Don't overthink it.
ftfy
I’m also firmly against sell ladders. It’s beyond obvious at this point that Bitcoin moves in a 4-year cycle. I don’t think there’s many people left that deny this. There’s never been an easier asset to trade (and I don’t trade it). You just buy in early 2011, 2015, 2019, 2023, 2027; and you sell in late 2013, 2017, 2021, 2025, 2029… Do this and you’ll make a fortune. You could also just DCA until you want to cash out. Setting up sell ladders though… In what world or with what backtesting has this been considered a good idea?
February 14, 2024, 01:01:19 PM
February 14, 2024, 12:31:12 PM
We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In an early bull market, youbuy remain all in, buddy, it is as simple as this.
Don't overthink it.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In an early bull market, you
Don't overthink it.
ftfy
February 14, 2024, 12:17:37 PM
Soon (tm)
vokain, welcome back!
* * *
@philipma1957, *maybe* I'll start selling a little bit at $80k, but that's just because I am always uncertain. But, I'm not selling much at below $100,000. The Hal Finney predictions of $1M+ make more sense now.
Even so, no one knows how the future will go. I will sell bits & pieces of BTC as the prices goes up bigly, but I will never sell it all. Just like the last cycle when BTC hit its all time highs.
absolutely agree with you.
one ladder selling at 50-70k
next ladder selling at 97-117k
figure out what is next after we do those two ladders.
and still stacking via mining
February 14, 2024, 12:12:51 PM
Soon (tm)
vokain, welcome back!
* * *
@philipma1957, *maybe* I'll start selling a little bit at $80k, but that's just because I am always uncertain. But, I'm not selling much at below $100,000. The Hal Finney predictions of $1M+ make more sense now.
Even so, no one knows how the future will go. I will sell bits & pieces of BTC as the prices goes up bigly, but I will never sell it all. Just like the last cycle when BTC hit its all time highs.
February 14, 2024, 12:09:15 PM
We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.
for me this is not a bull market.
its a bull trap.
due to my coins being acquired via mining. ⛏️
my cost average is under 30k for getting coins.
and once the ½ ing comes my cost average turns into 60k. so since price is not 62k as a miner I turn bear in under sixty days.
I need to have a cushion for
apr
may
june
july
aug
sept
power costs
so I have a sell ladder. once it gets filled on the top at 72k I will have enough power cushion for six months.
now I accumulated btc since my reset in 2022.
All coins were at the 16k to 52k level
so I am sure jjg can tell you the average price from nov 22 to feb 24. about 65 weeks time
maybe 30k . so selling under 15% of coins all at profits and all tax free due to write off created in sept 2022 works for me.
I am different then most here as I get most coin via mining.⛏️
February 14, 2024, 12:03:35 PM
We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.
You are against sell ladders into a bull I am for them.
just don’t over sell your holdings. I e if you have 1 btc don’t sell it all in the runup to 100k
My selling stack is far less than my holding stack.
and I still mine in order to stack more.
February 14, 2024, 12:01:18 PM
February 14, 2024, 11:51:14 AM
I will go to Zeunerts lurker convention, but under the condition that no hats are allowed.
There are more lurkers than you think on the WO....
There are more lurkers than you think on the WO....
February 14, 2024, 11:42:18 AM
I was told of a friend of a friend who lived on noodles and water for 1 month straight. And then he died. Not sure of the cause of death. Not sure if it was ramen either.
Was this friend of a friend living at Camp Lejeune?
This was not as widespread as people think.
I was there during that timeframe so I checking into it and your had to be there for a minimum of 3 months and gone to a specific building for them to even check into it.
Thanks for the information. I'm just going by the radio ads from law firms I constantly hear. I honestly had no other frame of reference.
February 14, 2024, 11:34:20 AM
We are in BULL market.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.
Surely, you can try to buy a dip, but mechanical sell ladders?
A firm NO from me unless you have to sell to cover some expenses.
In a bull market, you buy, buddy, it is as simple as this.
Don't overthink it.
February 14, 2024, 11:18:10 AM
I was told of a friend of a friend who lived on noodles and water for 1 month straight. And then he died. Not sure of the cause of death. Not sure if it was ramen either.
Was this friend of a friend living at Camp Lejeune?
This was not as widespread as people think.
I was there during that timeframe so I checked into it and your had to be there for a minimum of 3 months and gone to a specific building for them to even check into it.
February 14, 2024, 11:03:23 AM
February 14, 2024, 10:56:51 AM
~snip~
The next real resistance is $60K.
The next real resistance is $60K.
The next real point of resistance is at $100k, anything below that is just preparation for the real thing🚀
That situation when you decide to go back in time and punish yourself for not buying BTC in 2010 - I hope they don't invent a time machine
February 14, 2024, 10:49:16 AM
...
Yeah that's the plan Target was to start taking profit around 2026
But I don't know if I can stand not pressing the sell button when $100K.
Well even if I do take some profit
Never want to be a nocoiner again
Still surprise am still holding after $50K. Continue increasing numbers
Bitcoin have been hitting every number you have said.
$53K around the corner
The next real resistance is $60K.
when rising. make some smaller sell ladders
say
54.5k
59.6k
64.3k
69.2k
74.4k
pretend you have a coin right now.
don't sell a lot on the ladder.
sell
0.02
0.02
0.02
0.02
0.02
which is 0.9 coins left for later
start a higher ladder after this ladder sells out
maybe
0.02 at 97.2k
0.02 at 102.2k
0.02 at 107.1k
0.02 at 112.2k
0.02 at 117.3k
leaves you with 0.8btc and some cash for the crash or expenses.
you would have 16000 cash and 0.8 btc
jjg can give you other ideas of how to sell it or buy it or hold it.
all the numbers above are based on your btc being way under 40k say 29k or so.
February 14, 2024, 10:46:31 AM
some bears are waiting for 6k
Buy the dip, don't be the dip.
February 14, 2024, 10:45:08 AM
For now, all I can smell is the move to $52,000 and I don't know if someone is seing same with me, bitcoin is becoming more stronger in raising resistance over the bear market and it's more positive to see that this is getting more excitements even before the halving begins, we are experiencing the first part of it which will serves as an intro.
Possibly the market is pricing in the halving, we have a target region of 56.7k.
But we must also consider that ETFs have a lot of interest, there is now a demand much greater than the real supply. Very strong upward trend.
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