Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14982. (Read 26715490 times)

I wonder what explains the difference between these two trends during the last couple of months.

The lastest from Masterluc:


I think he's saying that a drop to 8K would invalidate his Elliot Wave count. Given his history of correct Elliot wave counts to date, that's quite unlikely.

If you do it the other way around, "buying on the way up, selling on the way down", you would be buying on the higher price and selling on the lower and be in a loss. Isn't it obvious? When you "buy on the way down, sell on the way up" you actually have a profit at every cycle.

It only demonstrates how strong and dominant Bitcoin still is in the current markets. People who claim Bitcoin is being dethroned can steaight up fu** outta here. Be greedy when others are fearful and fearful when others are greedy. Now's the time to be greedy.

I actually do this, but I don't understand why "buying on the way down, selling on the way up" is better than vice versa.

Right now, I keep a base/starting value (edited occasionally) for some of my coins, and if the price increases by "x" amount, then for every "y" increase after I sell "z" percentage of my gains at market value, and "z" depends on bull or bearish sentiment that I feel.

Similar principle for buying on the way down.

Why is this better than doing the other way around though?

http://bitcoin.zorinaq.com/price/
nice toy

When bitcoin dips almost everything else dips, and bitcoin has dipped a little during the last few hours. It's a good time to buy.

Again all alts are also down massive. what the fuck is going on this time.

https://www.youtube.com/watch?v=forJzdPI7QM
Jordan Peterson on BBC Radio 5 live Afternoon Edition 15/01/2018
better interviewers

I try to be nice to peeps who do not have much money to invest, and if you do not have a lot of money to invest it can take a long time to build up your BTC allocation and your strategy and sometimes to learn as you go along.  So, yeah, you better be fucking humble if you are such a small potato, and you are a relative newbie to this whole scene.

On the other hand, if you have more money, then you can take a larger stake, right away, and you are likely more experienced too - but even though it can be risky to take too big of a stake all at once.

When I started buying BTC in November 2013, I had a decent amount of money in other investments, but I still took a relatively conservative approach to my BTC investment that ended up taking me nearly a year to establish my initial BTC stake, and to really feel that I had a decent BTC stake (and comfortable for me, personally). 

However, even by then end of 2014, after I had taken my initial BTC stake I continued to attempt to learn about BTC and to attempt to play around with my BTC strategy in terms of continued DCA accumulation and later BTC trading to protect myself better from downside volatility (while attempting to profit from expected ongoing volatility), yet one of the main differences of already having the feeling of having a sufficient BTC stake, was that after reaching that sufficient stake status, I felt a bit less urgency and anxiety in terms of anything that I did in regards to BTC because I had at least taken care of one portion (establishing a sufficient stake to feel prepared for upside).

So, I suppose my "sufficient stake" has always been the HODL portion of my BTC, and the never invest more than you are willing to lose (that i was willing to lose because of the way that i had invested it).  That portion of my BTC that have just held are still used as a measure of my overall approach yet the post October 2015 increase in value of that HODL portion has also allowed for more risk taking from me in other regards.

Current Price 11.1k
Im calling: ~8700 within this week
Set buy from 9.5k till 8.5k.

Thanks much @Last of the V8s

oooooh, another shot at the bottom

Not a guppy, krill.   Whale food. 

My comment could have been worded better.  

It’s game over for many altcoins when exchanges allow users to send BTC between exchanges using lightning.  BTC is already the reserve currency.  Things like Raiblocks will be smashed if lightning is instant and free.  

you folks, especially if you are 'small fry' should give a careful listen to sherry peel jackson, an ex-IRS criminal investigator: https://www.youtube.com/watch?v=ooHTg6-Y078

Maybe you have just described why you are such a fucking loser?

You are too scared, you lack confidence in bitcoin and it looks like you engage in the opposite practice of what you should be doing.


You seem to be buying on the way up and selling on the way down.   Instead you should be buying on the way down and selling on the way up. 

The service isn't free, you have to pay $30 per year for less than 10K transactions and $100 for over. Not saying they won't still monetise the data though.