Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16500. (Read 26709845 times)
September 02, 2017, 05:51:36 AM
Friendly reminder....just btfd!
September 02, 2017, 05:49:50 AM
I think some people have preset exit points, such as when it reaches just under $5k, I'll sell x% which will allow me to say buy a car, or pay off my mortgage.
Buy a car? Such an useless waste of money.Everyone knows that it will probably go up, but when you hit a life changing price target, you'd be mad to continue taking 100% risk.
That is absolute horse shit. If you understand something better than the 99% of the population, then you should be going 110% in (of course, only if it makes sense to invest). The best time to buy Bitcoin was 7 years ago, the second best time is today. Quote me on this in 3 years and you will see whether going in 50% or 100% was the smarter choice.
September 02, 2017, 05:38:56 AM
Everyone knows that it will probably go up, but when you hit a life changing price target, you'd be mad to continue taking 100% risk.
Everyone knows that holding dollar, euro, yen, pound and other fiat trash is nothing else but taking 100% risk. It is not just risk. It is stupidity because it is a sure loss. Holding bitcoins is the most successful escape from that risk!
Unless, as you say, they want very much to buy something tangible like car or house. But make no mistake! This car or this house will be the most expensive house they'll ever see throughout their entire life. For instance, I know people that sold their bitcoins at 750 euros to buy a bike. At that time I warned them that they're buying the most expensive bike they'll ever see!
September 02, 2017, 05:37:24 AM
Well, if you're smart you won't believe anything you read here
wait, what? including what you wrote?
September 02, 2017, 05:31:51 AM
Well, if you're smart you won't believe anything you read here
September 02, 2017, 05:17:55 AM
Whoever dumped, many thanks for the cheap coins. Keep the good work!
Quote
I think some people have preset exit points, such as when it reaches just under $5k, I'll sell x% which will allow me to say buy a car, or pay off my mortgage.
People have learnt from previous points ($1k) and decided to set their price point slightly under the round figure of $5k, I bet when we get near $10, people wil have learnt from the $5K dumps and start even earlier.
Everyone knows that it will probably go up, but when you hit a life changing price target, you'd be mad to continue taking 100% risk.
But I'm still all in.
September 02, 2017, 05:12:10 AM
Whoever dumped, many thanks for the cheap coins. Keep the good work!
Quote
September 02, 2017, 05:07:40 AM
Whoever dumped, many thanks for the cheap coins. Keep the good work!
September 02, 2017, 05:06:50 AM
the fud farms have run dry for now
the shelves in the exchanges are increasingly bare
hold on to yer space helmets
est. time for liftoff: after croissant/coffee Monday a.m.
the shelves in the exchanges are increasingly bare
hold on to yer space helmets
est. time for liftoff: after croissant/coffee Monday a.m.
September 02, 2017, 04:55:42 AM
Looking at history, we are not in 2013 bubble territory yet. Just sit tight.
September 02, 2017, 04:54:38 AM
Theses exchange fees are killing me...
One good trade (good profit), three bad trades (buy/sell at same value), and here I'm lower than where I started...
One good trade (good profit), three bad trades (buy/sell at same value), and here I'm lower than where I started...
The trick is to try not to guess the short term direction of the market because that is nearly an impossible task; however, you should consider whether you believe we are in a bear market or a bull market - and even to have an assumption (hopefully based on knowledge) that in the long term, BTC prices are going up.
In essence, buy BTC on the way down and sell BTC on the way up; however, play with small enough amounts that you do not care if your sales get left behind - so for example, I sell approximately 1% of my BTC holdings for every 10% that the price goes up, and currently I do it in $100 increments. You can tweak these increment matters or amount that you play with and work out a system that works for you, but your increments have to be sufficiently large to pay for exchange fees, so generally if the fees are .2% on each end, then your total fees are .4% to perform a buy and a sell. There are not too many reasons to create buy/sell increments that are less than 1% (unless maybe you are just covering a mistake that you made - like when you had accidentally bought when you meant to sell or the opposite) because even with a 1% profit, your real profits after account for the fees would only be .6%.
September 02, 2017, 04:26:21 AM
Who sold at the bottom?
Is that the 969th time you've posted that?
Hahahahaha
Ted E. Bare does seem to have a few favorite posting themes.
I bought some of the ATH, for a change of theme... .
September 02, 2017, 04:22:58 AM
One good trade (good profit), three bad trades (buy/sell at same value), and here I'm lower than where I started...
One silver moon and three sad kittehs.
It's a recurrent theme. Ontogeny recapitulates phylogeny.
September 02, 2017, 03:54:05 AM
Ok I will say it.
$7550 by the end of the year and $16000 by the end 2018.
I played a bit with the charts and did some pure speculation (imagined 2% of the world population using Bitcoin, ETFs approved and such).
It's always good to write down our goals. Sometimes we reach them
$7550 by the end of the year and $16000 by the end 2018.
I played a bit with the charts and did some pure speculation (imagined 2% of the world population using Bitcoin, ETFs approved and such).
It's always good to write down our goals. Sometimes we reach them
September 02, 2017, 03:53:21 AM
Theses exchange fees are killing me...
One good trade (good profit), three bad trades (buy/sell at same value), and here I'm lower than where I started...
One good trade (good profit), three bad trades (buy/sell at same value), and here I'm lower than where I started...
September 02, 2017, 03:50:33 AM
Who sold at the bottom?
Is that the 969th time you've posted that?
Hahahahaha
Ted E. Bare does seem to have a few favorite posting themes.
September 02, 2017, 03:41:58 AM
Why all the chat about Risto guys?
We miss him? September 02, 2017, 02:44:25 AM
Why the dump?
Why the pump? 
September 02, 2017, 02:43:44 AM
Why all the chat about Risto guys?
September 02, 2017, 02:37:42 AM
Who sold at the bottom?
HAH!
not this time you smug bastard
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