Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14453. (Read 26609624 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
If you try to trade there, you will end up losing your money, unless you make obvious trades like buying at $7000 the past week.

Picking obvious trades and defending your position is reasonably easy.  Just go with established momentum.    
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I personally believe that it is not worth it to play around with alts with an intent of increasing bitcoin holdings.  But, if some folks are able to find decent systems to play with alts and increase their bitcoins, then the more power to them.. just careful not to be risking too much bitcoin in those kinds of endeavors.

Gotta agree with you there a hundred times. Every time I double my bitcoin with altcoins, I just half it again with more altcoins. That just keeps on happening, and I've been witnessing it for years now. Roll Eyes


Now, you are trying to act as if you are smart, or something. 

You should be smart enough to realize that past performance does not indicate future results; however, if you have a system that is working for you, and it seems to work under a variety of market conditions, then you have something that you might want to share with others.

I do personally, try to share my strategies, to the extent that others are interested in discussing - however, sometimes, it takes a bit of time to describes what seems to work and what does not work.

Do you have anything in particular that you want to share that you believe might be good or repeatable, or you just want to keep your supposedly superb strategies private?

I've had enough of experience now, have lot to share from it, and I'll publish something interesting (like a guide) for new-comers soon on Steem or here. But everyone here might find my journey with crypto a bit interesting:

"You think you've been the most unfortunate guy in crypto? Well, read my story and think again!"

https://steemit.com/bitcoin/@rajaz/7uhjjv-you-think-you-ve-been-the-most-unfortunate-guy-in-crypto-well-read-my-story-and-think-again

Can I humbly suggest you start by not selling any more BTC for alt-coins? Smiley
legendary
Activity: 1834
Merit: 1520
I personally believe that it is not worth it to play around with alts with an intent of increasing bitcoin holdings.  But, if some folks are able to find decent systems to play with alts and increase their bitcoins, then the more power to them.. just careful not to be risking too much bitcoin in those kinds of endeavors.

Gotta agree with you there a hundred times. Every time I double my bitcoin with altcoins, I just half it again with more altcoins. That just keeps on happening, and I've been witnessing it for years now. Roll Eyes


Now, you are trying to act as if you are smart, or something. 

You should be smart enough to realize that past performance does not indicate future results; however, if you have a system that is working for you, and it seems to work under a variety of market conditions, then you have something that you might want to share with others.

I do personally, try to share my strategies, to the extent that others are interested in discussing - however, sometimes, it takes a bit of time to describes what seems to work and what does not work.

Do you have anything in particular that you want to share that you believe might be good or repeatable, or you just want to keep your supposedly superb strategies private?

I've had enough of experience now, have lot to share from it, and I'll publish something interesting (like a guide) for new-comers soon on Steem or here. But everyone here might find my journey with crypto a bit interesting:

"You think you've been the most unfortunate guy in crypto? Well, read my story and think again!"

https://steemit.com/bitcoin/@rajaz/7uhjjv-you-think-you-ve-been-the-most-unfortunate-guy-in-crypto-well-read-my-story-and-think-again
legendary
Activity: 3808
Merit: 7912
legendary
Activity: 2016
Merit: 1259
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
New fangled trading strategy update: Buys and sells $500 apart, a dash of mindfulness, and some whiskey.
Let's do this thing. Cool


I think that you are saying the right thing... hopefully it will help you from panicking too much, especially if you are reluctant to meditate.... I would mostly suggest that you attempt to keep the sizes of your orders relatively small.. so the whole practice accomplishes relieving you of some stress, even if it does not make a lot of money.

In the last two weeks, I cut my order increments down from $1,000 to about $700 because the $1,000 increments were not filling enough to my liking, and I changed a couple other details in my system that I don't want to disclose here because it would likely overly complicate matters and cause too much confusion if I were to try to describe too many of my personal specifics.

My only qualm is my unwillingness to keep a more than trivial amount of monies on an exchange. Which makes the whole thing sort of moot. I guess.

I don't know what you mean by "trivial amount."  I used to keep a bit more than 50% of my BTC portfolio value on exchanges, and I really was not putting that value on the exchanges to use.  A lot of the value was just sitting there on the exchanges, just-in-case.   

After BTC prices went above $1k, and then prices kept going up from there, I began to realize that I likely don't really need to keep that much money on exchanges in order to accomplish my goals, and really the risk of keeping the value seemed to be going up a lot causing the worth of even previously considered "dust" to begin to seem like a lot of money (value).

In recent times, I am keeping around 20% of the total value on exchanges, and it is just the amount of money that I would need for the prices to go DOWN a lot (such as 80% from the top) or UP a lot (3x from our current price point), and likely I could keep lower value on the exchanges, but I think that I am more covered for very extreme prices changes, and I would not have to move the money at the last moment.  I did put enough BTC on exchanges to be prepared up to $35k BTC prices because we were moving UP so fast in December 2017 - but probably now, I could remove some of that BTC, perhaps and only prepare for $25k (but I do feel o.k. preparing for $35k, just in case).

So, you could have 10% to 20% of your BTC portfolio value on exchanges in order to prepare for UP and DOWN without having to put all of your value on exchanges.  Further, currently, I have my exchange value distributed across 4 exchanges.  Currently, I am having some ongoing issues with my coinbase account, so I still have 3 exchanges that I can work with until my coinbase matter is hopefully resolved (been a little over 2 weeks so far with those coinbase fucks).
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I personally believe that it is not worth it to play around with alts with an intent of increasing bitcoin holdings.  But, if some folks are able to find decent systems to play with alts and increase their bitcoins, then the more power to them.. just careful not to be risking too much bitcoin in those kinds of endeavors.

Gotta agree with you there a hundred times. Every time I double my bitcoin with altcoins, I just half it again with more altcoins. That just keeps on happening, and I've been witnessing it for years now. Roll Eyes


Now, you are trying to act as if you are smart, or something. 

You should be smart enough to realize that past performance does not indicate future results; however, if you have a system that is working for you, and it seems to work under a variety of market conditions, then you have something that you might want to share with others.

I do personally, try to share my strategies, to the extent that others are interested in discussing - however, sometimes, it takes a bit of time to describes what seems to work and what does not work.

Do you have anything in particular that you want to share that you believe might be good or repeatable, or you just want to keep your supposedly superb strategies private?
legendary
Activity: 1260
Merit: 1116
New fangled trading strategy update: Buys and sells $500 apart, a dash of mindfulness, and some whiskey.
Let's do this thing. Cool


I think that you are saying the right thing... hopefully it will help you from panicking too much, especially if you are reluctant to meditate.... I would mostly suggest that you attempt to keep the sizes of your orders relatively small.. so the whole practice accomplishes relieving you of some stress, even if it does not make a lot of money.

In the last two weeks, I cut my order increments down from $1,000 to about $700 because the $1,000 increments were not filling enough to my liking, and I changed a couple other details in my system that I don't want to disclose here because it would likely overly complicate matters and cause too much confusion if I were to try to describe too many of my personal specifics.

My only qualm is my unwillingness to keep a more than trivial amount of monies on an exchange. Which makes the whole thing sort of moot. I guess.
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
New fangled trading strategy update: Buys and sells $500 apart, a dash of mindfulness, and some whiskey.
Let's do this thing. Cool


I think that you are saying the right thing... hopefully it will help you from panicking too much, especially if you are reluctant to meditate.... I would mostly suggest that you attempt to keep the sizes of your orders relatively small.. so the whole practice accomplishes relieving you of some stress, even if it does not make a lot of money.

In the last two weeks, I cut my order increments down from $1,000 to about $700 because the $1,000 increments were not filling enough to my liking, and I changed a couple other details in my system that I don't want to disclose here because it would likely overly complicate matters and cause too much confusion if I were to try to describe too many of my personal specifics.
legendary
Activity: 1834
Merit: 1520
I personally believe that it is not worth it to play around with alts with an intent of increasing bitcoin holdings.  But, if some folks are able to find decent systems to play with alts and increase their bitcoins, then the more power to them.. just careful not to be risking too much bitcoin in those kinds of endeavors.

Gotta agree with you there a hundred times. Every time I double my bitcoin with altcoins, I just half it again with more altcoins. That just keeps on happening, and I've been witnessing it for years now. Roll Eyes
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
If I were a woman, I would run away from this thread ... and fast.


That's why you gotta grow some balls (figuratively), and stop being so sensitive to reasonable real world discussions.    Roll Eyes


Me too.    Tongue
Pretty sure any woman worth her salt would either join in on these discussions or at the very least not mind. The ones that get offended are brats.

Brats that are living in a fantasy world.... hahahahhaaha    Cheesy Cheesy
legendary
Activity: 1260
Merit: 1116
+1
Sluts can be difficult. Angry

TAKE ME TO THE SLUTS!

Yes, right this way sir. Yes, they're fresh. What? I don't know how humane it is. It's people in a vending machine. Roll Eyes
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