Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2613. (Read 26711388 times)

https://www.youtube.com/watch?v=vjGhiac85h4

Be reasonable, we should all do our bit to fight global warming, even whilst the UK freezes its ass off right now, and our billions and billions invested in renewables over the last 20 years only generated 3% of our total energy needs on Monday.

That doesn’t mean however one can’t profit from that transition. Except YOU are not going to be in the club who profits from it,

…ever, ok?

Is Scam WankMan-Fried dead yet?

“You earn enough,” said the Prime Minister worth £750,000,000.00, to the nurse ready to help save his life who has to go to a food bank to eat.

Rishi Sunak says nurses' pay offer appropriate and fair
https://www.bbc.co.uk/news/health-64003276

 

Yeah, but we do not agree.. especially the way that you phrased the matter.

Merely if something (such as bitcoin) happens to go sideways and/or perform the same as the various other asset classes does not cause them to be correlated (or linked), even if they might have a short period of doing the same thing... and furthermore, there is nuance in terms of looking at why they might be performing similarly on a short term basis, but might not even capture any kind of essence of what is going on or even any kind of ability to predict what they might do, even if we might consider that the odds are good (or maybe the most likely scenario.. not even sure about that) that they all could possibly go sideways together and at the same time and even for several months.


I agree with you on this part.  There are going to be ways in which bitcoin is manipulated and even tried to be manipulated, and some wealthy people will figure it out better than others, and at the same time, some not very wealthy people are likely going to prosper from bitcoin too.. just like a lot of normies have already profited from bitcoin as the largest wealth transfer in history continues to take place, whether some people recognize it or not.. and whether some people figure out how to allocate for themselves in profitable ways or not.  Wealth transfer is not going to come without any battles and without casualties... and some of those casualties will come from folks that we might not have expected.. .. surely some of the "rich folks" had gotten caught up in the FTX shenanigans (pension plans, right?), and likely in the future, some governments are going to get caught on the wrong side of some of the future battles, too.


what fellow bot?

I will bite.

What is the referred-to "shame"?


I don't believe that uie-pooie will be giving up so easily.

 







Edit - PS.. by the way, who are these "beloving" peeps of whom you refer?  

Are they in the room with us now?

Explanation

Cat's got your tongue?



Jojo?  Is that you?  Speaking 100% in pics.

I-bonds need to be staggered for liquid purposes. Once you have a 12 month ladder in place they are in effect liquid.

I have some at 7.1 some at 9.6 some at 6.8

My Friday dca hit at 16.9 x corn is in.

7x buys so far.

I am clocking a 4x buy if we drop under 16.5

I am cashing all my doge this month.

I want to increase my btc and my btc miners hoping fed keeps us sideways til April or may.

With luck all old btc gear will be retired and stored by then.

Plus we will have 2x our mining of btc.

Explanation

Not touching my long bitcoin...but, sometimes you get a home-run and sometimes just a single/double...
Got a bunch of cap gains this year and took small losses to partially offset those gains. A bit more to take in a week or so.

A safe (in comparison to others) Treasury money market fund gives 4% divvy/interest, soon will be 5%-will have a bunch of cash coming in monthly next year-would allow a major DCA if I would go this route. Imho, money market is preferable to i-bonds philip touts because money there is liquid-I can switch out and into stocks or bitcoin within 24Hr (stocks) and maybe 48hr for bitcoin en masse, if conditions would warrant. Once we get to 5% short term rates, I might switch to maybe 2 year Treasuries because of a price appreciation possibility.

A. Hayes uses Treasuries...read his "PEMDAS" blog entry.
https://blog.bitmex.com/pemdas/

Great.  We are making progress here.

I'm saying that you are no fun, and you are saying that I am no fun.


We are not going to actually know the status of any other member, and why does it even matter if I believe that you might be a low coiner or a no coiner or accuse you of such?  I might be wrong, I might be trolling or I might even be exaggerating such position in order to get an emotional response out of you.. or maybe I am negotiating?

Each of us is able to proceed to characterize the words and seeming actions of other members based on categories that we might believe such words and actions appear to fit...

What's wrong with that?  

For the record, I doubt that you are a complete no coiner, even when you have had your moments of being even a BIGGER jerk than anyone else... and trying to one-upsman jerkmanship....

And again level of low-coiner is a relative concept... in which any of us could be wrong in terms of making those kinds of accusations to make a point or for whatever reason that we might be wanting to make such accusations.  

From the perspective of this here cat, I still have difficulties knowing why it really matters... the label is a bit of a distraction... even if such labels might sometimes help other forum members to figure out from where a member is coming from in terms of how s/he frames issues and what observations are being made or which arguments are being presented.

Go ahead... Stay excited about low prices.. whatever.. that's up to you, and it is not like my mood is exactly locked in, anyhow (to the extent that I have moods).  Surely I sometimes will get excited about negative BTC prices because it weeds out certain kinds of degenerates.. and sometimes I wish for more crash in order to weed out some of the shitcoins too.. but sometimes it NOT healthy to focus on negative aspects, even if some of the purging of froth serves as a kind of unwanted necessity... or seemingly so..

Can you imagine if FTX would have been able to keep going with that level of bullshit fake money that they were slushing around?  So yeah there can be some glee but at the same time some sadness with some of the innocent folks that had been pulled into such messes.. and even from various angles that we would not have expected.. questioning the solvency of GBTC. etc..


I am not necessarily asking you to reveal anything.. but hey do whatever you want.  You know that we sometimes do talk about these kinds of allocation concepts because they can help us to figure out if we are in a right kind of balance on a personal level, and then surely other forum members can attempt to figure out their own balance and sometimes compare themselves to other member.. dos and don't dos..

Surely some practices of allocation seem better than others, and frequently we can talk about how we might be allocated prior to getting into bitcoin and then changing that allocation while we are accumulating a bitcoin position and reaching a target, and then maybe various ways to engage in BTC maintenance.

That seems a bit much to say that you are 99% bitcoin, unless you are just referring to your "crypto" holdings..., and within your crypto holdings you are 99% bitcoin..

Anyhow some folks have more variety in their overall investment portfolio, and we need not necessarily get into those kinds of details, even though I have made quite a few post on the topic and even described how my BTC allocations changed partially due to BTC price changes and then also there is some management attempts in there too.. and also some preferences NOT to sell too much of my BTC.. even though for sure, we have BTC valuations that have tended to experience a lot of volatility over the 9 years that I have been into bitcoin... overall to the upside, even though considerable periods of downside, too.

It's not always easy to know if one strategy is better than another, and if you were to compare yourself to what you did versus what you might have done better, then frequently, I like to use the DCA as a kind of measure to figure out if you might have been able to beat a DCA strategy with your chosen allocation approach.

I am not really sure about your circumstances, but if we go by your forum registration date (of November 4, 2018) as a kind of BTC entry point, then maybe we can consider a hypothetical person and his performance as compared to how your performance is doing.. and you are the one who should judge yourself and your particulars in terms of comparing yourself to such hypothetical person...

Let me extrapolate, and suggest that if you were to have had a total quasi-liquid investment portfolio of $100k in November 2018, and then there could have been a variety of ways that you could have entered into bitcoin, even assuming that you were aggressive (assertive) in your bitcoin approach instead of whimpy.  So maybe you could have done a fairly rapid allocation of 10% into bitcoin $10k-ish (let's say getting somewhere around 1.6 BTC) and then after that started to invest $50 per week which would have doubled your investment amount with about another $10,750 and the accumulation of another 0.9 BTC... so then the total number of BTC would have been about 2.5 based on around a $21k investment.

Of course, you are suggesting that you sold some of your BTC on the way up (50% ish) and then purportedly you are buying back or you have already mostly bought back.. Whatever, there are all kinds of ways that these matters could play out in terms of how long that you might spend accumulating BTC and then maybe if you had overallocated in the beginning, such as buying $20k worth of BTC rather than $10k, then you might have felt that you had an additional 1.6 BTC that you could have sold because you overallocated in the beginning of your investment.  There are ways to engage in these kinds of risk management and portfolio management that are more prudent and reasonable (and don't necessarily rise to the level of gambling), and there are ways to be degenerate about it..   You have the ability to make your choices based on your individual factors... and to learn from your mistakes (to the extent that you might have had any) and then to attempt to incorporate better practices (to the extent that you care about money - which you emotionally blurted that you do not.. hahahahaha.. go figure?  or don't.).


Sure.  Bitcoin gives no shits about whether you are enjoying these times or not.  I probably already said enough on the topic... which kind of revolves around taking advantage of the situation as much as possible.. but I still have troubles enjoying these kinds of times.. .. and I don't even regret that I did not sell very much on the way up... not really getting into too many details, but I did likely sell 2x to 3x the amount that I had initially invested.. but then used that money to buy back on the way down and mostly used it up by the time that we got down to $19k or so.... but the way that I do my systems, it is not really easy to trace exactly what is new money or what is just used up from previous sales on the way up.. even though I can see that quite a bit of my additional money is coming into bitcoin that I had considered was completely off of the table.. so I prefer NOT to be injecting new money into bitcoin, but there has already been quite a bit of new money coming in..  .. for me, it is not enjoyable, but I am not exactly in pain, either.. .. How is anyone going to complain when clearly and unambiguously being able to proclaim that s/he is at least in 16x profits (as I type this post)..


Oh.  How sweet of you.  


If you had not noticed, Bitcoin is so volatile that it might be worthy of having a cushion.. and also it might be worthy of having some ways to plan your finances in order to make sure that your plan is psychologically comfortable.  Isn't that part of the reason that you sold 50% of your BTC when the prices were higher?  Because presumptively you were trying to employ a strategy that you believed would be sufficiently balanced to your circumstances in which you would have to worry the least.  Whether it worked out somewhere in the ball park as planned might be another story.  So perhaps learning along the way is done in order to attempt to figure out whether to continue with the same kinds of plans and practices, or whether to make some tweaks to the plans in order to maximize comfort.  

Sure, maybe you can assert that whatever you did was perfect, and sure that might be true, and maybe in that whole process you were able to minimize the amount of time that you ended up thinking about "money matters," and good for uie pooie if you were able to achieve such objectives... and suppose part of my point would be that there are a lot of reasons why it is not easy to divorce your lil selfie from "money matters" including ongoingly trying to figure out how to even value and evaluate something like bitcoin - even if you might already have had reached fuck you status with it.. then if fuck you status had been valuated based on possible bottoms, including perhaps considering that the 200-week moving average was the bottom, now there may well be some needs to evaluate and valuate bitcoin holdings by using other standards, and I am not sure how any of us can completely remove our lil selfies from those kinds of considerations, especially if we choose to have decently high allocations into bitcoin... and even if we might have reached fuck you status and/or multiple levels of fuck you status, it might become easier when we might have larger cushions, but when the BTC price is moving so much, there can also be questions for guys/gals who previously concluded that their financial/psychological cushions were "large enough."


So, you won't be delegating your "wonderful" sense of humor, then?


Sounds like you are avoiding the question.  We have not established coiner levels, to the extent that it matters.


We're making progress.. A stalemate.


Ok.  I will try, Mr. Emotional.


Not really.

TWITTER

Explanation

Waiting on Friday 1x DCA to hit.

With price drifting lower and almost at 16.5k I May do a 4x buy the dip

I'd say 2015. The bear back then was rather strong. I mean really long and exhausting. I feel this one might also be strong, maybe not by lengths but rather by downward movement... we went way lower (200wma & 2017 ATH) than most people expected. And maybe we still have some way to go. (fuck me, I hope not)

10x makes sense

Explanation