Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2413. (Read 26713348 times)

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still a beautiful day for WO on 14th February

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Happy Valentine's Day



Beware!!!

Be careful sisters this Valentine's Day is the result of getting extra love.

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Its important to plan for the downs as well as the ups or you can get squeezed by real life emergency's.
I always advise to have 6 months living expenses as a cushion.

Never over expose yourself and plan the downs to last for years.
This is why you will see the smart holders take profit at tops.


This, investing should not be gambling.

Its a conspiracy of the highest order I tell ya!

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I hope it gets better for you in February but I think a lot of us in WO have had to take breaks to avoid losses or mental health breaks because it can sometimes get to you. DCA is a good tactic but when you continue to see the price fall which we have seen for a while it can get to you. I invested a decent part of my savings and I have my ups and downs. Some days I am very positive even if the price has gone down but other days it gets to me. I have made sure that I have to jump through


I do not think it is easier or harder to x2 if the price doubles then you are going to get a 2x return if you have a $1 or $1000 invested but I think that there is more pressure the more money you have invested especially when you have invested a large % of your net worth. I think there is a risk to this because a lot of people cannot stop themselves from taking money out when they see a profit so they might see a x0.3 increase and take it out even if their target was x2 because that pressure and fear of missing the top is real. I think that is the only thing that makes it harder is the pressure but some people can turn that off. I think you might be 1 of those people you seem to be a real believer in dca and I have seen you give financial advise for months and it is always positive. I think you might be 1 of those special people that can turn the pressure off and just follow your belief to the end. I think I have got better at this but I still need reassurance from my wife and the support of her when things get tough.

It is not realistic to expect x2 every year. btc would not be a currency if we saw x2 every year for the next 20 years because it would be something that investors gamble on and people would not want to spend their btc because in a years time they think it will double. I agree I think it is unhealthy for the btc network to expect such rises and we know from history that these rises have corrections and they come with big falls which mean a lot of people can lose a lot of money very quickly.


I appreciate you showing your mortality. I started to expect you were the most positive investor here. I try to be positive and I think a lot of other members are trying to remain positive but the last few months have been difficult for all of us and we see people starting to struggle with every day life and not just btc which means they might have to dig into their investment which could mean losses because btc is down.

I will say it should not be a fixed amount but what ever you can afford to invest. Many people are living paycheck to paycheck and only have a small amount left over every month. Youngsters are the ones which do not have many cash flow because they have yet to accumulate it. $100 might be to steep for a lot of people but if you can afford $100 I think it is a great start.

buddy up to no good again

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