Explanation
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15. (Read 26609287 times)
December 19, 2024, 12:01:18 AM
December 18, 2024, 11:53:53 PM
I hereby confess that today I sodled some at 105k+
As I'm bad at timing the market, we will probably go up soon...
Since 2016 I haven't sold anything from my stash... only forks and airdrops..
This is my way of celebrating the 100k mark ... there won't be any 100k parties anyways
0.1% of my stash turned into fiat... enough for ramen + egg for the next week!
Thank you Badger King !
As I'm bad at timing the market, we will probably go up soon...
Since 2016 I haven't sold anything from my stash... only forks and airdrops..
This is my way of celebrating the 100k mark ... there won't be any 100k parties anyways
0.1% of my stash turned into fiat... enough for ramen + egg for the next week!
Thank you Badger King !
You did the right thing. "Timing the market" often ends in losses, it's really best to sell on the way up, but be aware that if you sell more than you just need at the moment, you could well recover your stash with the extra money within the next bear market.
EDIT: You guys may notice me posting more frequently again, since my actual daytime job is finished until February or so. It was very exhausting bc of tight deadlines but quite profitable, so i luckily don't have to sell Satoshis for a living.
That's really tempting, indeed. If I sell double the amount I can buy back everything at a 50% drop. Triple the amount, buyback at 33% drop and so on.
However I have also had the experience selling too much with the market going up afterwards and never coming down again.
That's still quite a trauma for me. The safe bet is probably the "only sell when you must" way. But your stash will decrease over time.. so yes, it's tempting !
While, you have to be more precise when it comes to "going up" and "going down", because it's unlikely that we deviate from the 4-year cycle "law". I tried short-term trading too when i was fresh in the scene, but i left this habit for good with slightly burned fingertips. We can agree that after an ATH it always "came down" again, and it always "went up" beforehand. I'd follow JJG's advices, he's the pope of DCA and laddering orders. Let the system do the work for you.
I am very much confused about the optimal price, though, as there are two conflicting streams of data pointing to the alternative scenarios next year.
On the surface, it should be all positive in 2025, but it rarely works out this way.
Most likely will sell if I find some desirable property to acquire. Not going to mess up with rentals...if I would buy, it would be just for my family.
Me too, so i will be selling in small amounts all over 2025, do the opposite after a blow-off top. If there will be a supercycle, i have enough BTC left to not really care that i "wasted" some corn. But if i could, which means already being fuck-you-rich, i'd not even feel the urge to sell any holdings at any price. The diamond-hands portion of my stash is destined for inheritance anyway, so it will never be touched by myself.
That's exactly the thing that keeps me from trading, laddering, or else. Because I'm not so sure that "after an ATH it always comes down again" as you seem to imply
December 18, 2024, 11:01:14 PM
December 18, 2024, 10:27:54 PM
Bitcoin critic Now
December 18, 2024, 10:01:17 PM
December 18, 2024, 09:56:06 PM
Cleanup in aisle 34083
December 18, 2024, 09:20:03 PM
Uh oh… The dam has broken. $100K is no more. How low will we go?
100k is not lost yet, just momentarily, we need the daily close and a confirmation in the next few days.
next supports: 96k, 92k, 88k, 77k, 71k...
However, in the short term, RSI is oversold, practically in the reset region.
December 18, 2024, 09:01:18 PM
December 18, 2024, 08:58:25 PM
Uh oh… The dam has broken. $100K is no more. How low will we go?
December 18, 2024, 08:01:14 PM
December 18, 2024, 07:58:26 PM
Holy shit just found out a buddy of mine died Nov 3rd, the weird thing is he was a insane trumper and has been frothing at the mouth the last 4 years and he literally died the day after his dream came true.
Sorry for a somewhat OCD remark, but election was on Nov 5...so...he did not live to see the day, not sure if it is good or bad..RIP.
Oh fuck, why was I thinking the 2nd!
What a fucking bummer, he never got to celebrate.
Holy shit just found out a buddy of mine died Nov 3rd, the weird thing is he was a insane trumper and has been frothing at the mouth the last 4 years and he literally died the day after his dream came true.
Sorry for a somewhat OCD remark, but election was on Nov 5...so...he did not live to see the day, not sure if it is good or bad..RIP.
This is so sad anyway.. R.I.P to him, take heart bud.
Life is short, and we never can know when the end might end up coming.
He's been failing for years and knew it was right around the corner but yeah sux losing another friend.
Not many left, actually more dead than alive now, that's 2 in the last few months
December 18, 2024, 07:54:10 PM
Bitcoin is dead. road to USD 0.00
infinite fiat glitch . road to USD 1.000.000.000.000.0000.000.000.000.0000
It all depends on the point of view.
infinite fiat glitch . road to USD 1.000.000.000.000.0000.000.000.000.0000
It all depends on the point of view.
December 18, 2024, 07:15:16 PM
It's funny how we getting this shoots and haven't gotten to December yet
TBH I wouldn't get too excited about December.
Yeah we may cross $100K to the upside, but...
...the end of the year has been notoriously not great for bitcoin's price, as traders sell off assets for tax purposes.
Usually starts anywhere from end of November to second or third week of December.
So I expect it to drift down somewhat then.
Not trying to be a Debbie Downer, just keeping it real.
In the meantime, enjoy!
December 18, 2024, 07:01:17 PM
December 18, 2024, 06:26:24 PM
December 18, 2024, 06:01:14 PM
December 18, 2024, 05:46:31 PM
We didn’t get the strong bounce off the volume spike like I’d hoped we would see. First time the market has shown any real weakness in some time. It remains to be seen if we’ll stay above $100K. It certainly seems like the market wants to dip below it to see what kind of support is on the other side.
December 18, 2024, 05:40:33 PM
honey badger 🦡 was distracted by ms honey 🍯 badger 🦡. He will be back on track. Soon 🔜 112k
December 18, 2024, 05:37:06 PM
Strong hands, Wall Observers!
👊🏻👊🏻
@BTC_Archive
This pullback is pretty normal for Bitcoin.
We've had 8 of them since October.
If you are new to Bitcoin:
The price of huge gains is huge volatility.
If you can HODL and wait, you will win.
🙌💎🙌
https://x.com/btc_archive/status/1869499924766916757
👊🏻👊🏻
@BTC_Archive
This pullback is pretty normal for Bitcoin.
We've had 8 of them since October.
If you are new to Bitcoin:
The price of huge gains is huge volatility.
If you can HODL and wait, you will win.
🙌💎🙌
https://x.com/btc_archive/status/1869499924766916757
Another good chance accumulate some sat to our bags..
This returning effects could be massive. Who knows, we would gain momentum to breakout $110k and $120k. The pullback gives more strength to the market to stand in a more fast rising lane.
Of course Hodling is the best option!
December 18, 2024, 05:20:45 PM
Strong hands, Wall Observers!
👊🏻👊🏻
@BTC_Archive
This pullback is pretty normal for Bitcoin.
We've had 8 of them since October.
If you are new to Bitcoin:
The price of huge gains is huge volatility.
If you can HODL and wait, you will win.
🙌💎🙌
https://x.com/btc_archive/status/1869499924766916757
👊🏻👊🏻
@BTC_Archive
This pullback is pretty normal for Bitcoin.
We've had 8 of them since October.
If you are new to Bitcoin:
The price of huge gains is huge volatility.
If you can HODL and wait, you will win.
🙌💎🙌
https://x.com/btc_archive/status/1869499924766916757
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