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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30325. (Read 26709884 times)

member
Activity: 119
Merit: 10

* macsga thinks it's time to refresh this into our memories... Roll Eyes
I personally follow and post here the UPDATED 5 rules of success for you:

1. Don't get emotional from other's people thoughts.
2. Not everyone here is a "nice person" you can trust.
3. IF YOU DON'T KNOW WHAT TO DO, DON'T TRADE.
4. HODL!!!
5. Until you desperately need the money follow rule #4.

Good Luck!


"Don't get emotional from other people's thoughts"

> Tells people to HODL!!!!! Like you are some kind of cryptospartan, because that isn't encouraging an emotional response at all.

The emotional mindset behind you permabulls is ridiculous.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.

* macsga thinks it's time to refresh this into our memories... Roll Eyes
I personally follow and post here the UPDATED 5 rules of success for you:

1. Don't get emotional from other's people thoughts.
2. Not everyone here is a "nice person" you can trust.
3. IF YOU DON'T KNOW WHAT TO DO, DON'T TRADE.
4. HODL!!!
5. Until you desperately need the money follow rule #4.

Good Luck!
hero member
Activity: 784
Merit: 506

For me it would probably be: in case of total loss, a noticeable decrease of my overall living standard in non essential areas, i.e. if I can't afford a vacation as a result of total loss: that's okay. If I need to eat sub-standard food as a result of total loss: I invested too much.

I don't have all my money invested in Bitcoin, but I do not afford to lose a penny, it doesn't matter is it bitcoin or anything else, it is hard earned money and this is why I cant lose it, as simple as that....

Edit: even though, if Bitcoin goes to 0, it wont effect my actual life style, but it would ruin my plans for the future Wink

So you went all USD at the (double) top, right? Cheesy

I didn't sell/buy a single bitcoin since the recovery back from 500, I sold at 860 bought back all the way down at 700-600-550 and holding since then, what I meant is at this moment I do not feel comfortable wth investing more cash in Bitcoin, I am a hardcore believer in it but there is allot of stuff in my life that I have to consider before making such decision.

I feel that I am at a good position with my Bitcoin holdings, I would like to have more bitcoins but I wouldn't feel comfortable with investing even more money now, but I will reconsider this if the price will drop dramatically Smiley

Let me get this right.  You say you can't afford to lose a penny (because your future plans depend on zero loss) yet you trade Bitcoins??!!  If you mean what you say I would highly recommend getting out of Bitcoins totally today, working and saving until you have some money upon which your future does not depend then buying and hodling that amount.  Personally I think you're nuts if you're playing trading with money you can't afford to lose!  But that's just my take Smiley
legendary
Activity: 1470
Merit: 1007
Makes sense, to me at least.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
ok who lit up a choochoo?

I sold a little. This always happens after.

never sodl!

Ahh, the great dilemma of the BTC investor: selling opens yourself up to the risk of having to buy back at a (possibly substantial) loss later on, or worse, leaving the game too early at an overall loss or at best, minor profit. Never selling on the other hand carries the real risk of losing it all, or nearly so (cf 2011). The best solution for the majority of investors is probably a) not having more of your money in BTC than you can afford to lose, and then, indeed, b) hodl... I'm just afraid too many in here fail point a).

(doesn't apply to you though, I suspect. even if price would drop by factor 10, you'd still have quite a bit.)

That really depends on your definition of: "can afford to lose"

Sure. Isn't that how all financial decisions work though, based on your individual preferences?

For me it would probably be: in case of total loss, a noticeable decrease of my overall living standard in non essential areas, i.e. if I can't afford a vacation as a result of total loss: that's okay. If I need to eat sub-standard food as a result of total loss: I invested too much.

I don't have all my money invested in Bitcoin, but I do not afford to lose a penny, it doesn't matter is it bitcoin or anything else, it is hard earned money and this is why I cant lose it, as simple as that....

Edit: even though, if Bitcoin goes to 0, it wont effect my actual life style, but it would ruin my plans for the future Wink

So you went all USD at the (double) top, right? Cheesy

I didn't sell/buy a single bitcoin since the recovery back from 500, I sold at 860 bought back all the way down at 700-600-550 and holding since then, what I meant is at this moment I do not feel comfortable wth investing more cash in Bitcoin, I am a hardcore believer in it but there is allot of stuff in my life that I have to consider before making such decision.

I feel that I am at a good position with my Bitcoin holdings, I would like to have more bitcoins but I wouldn't feel comfortable with investing even more money now, but I will reconsider this if the price will drop dramatically Smiley
legendary
Activity: 1470
Merit: 1007
ok who lit up a choochoo?

I sold a little. This always happens after.

never sodl!

Ahh, the great dilemma of the BTC investor: selling opens yourself up to the risk of having to buy back at a (possibly substantial) loss later on, or worse, leaving the game too early at an overall loss or at best, minor profit. Never selling on the other hand carries the real risk of losing it all, or nearly so (cf 2011). The best solution for the majority of investors is probably a) not having more of your money in BTC than you can afford to lose, and then, indeed, b) hodl... I'm just afraid too many in here fail point a).

(doesn't apply to you though, I suspect. even if price would drop by factor 10, you'd still have quite a bit.)

That really depends on your definition of: "can afford to lose"

Sure. Isn't that how all financial decisions work though, based on your individual preferences?

For me it would probably be: in case of total loss, a noticeable decrease of my overall living standard in non essential areas, i.e. if I can't afford a vacation as a result of total loss: that's okay. If I need to eat sub-standard food as a result of total loss: I invested too much.

I don't have all my money invested in Bitcoin, but I do not afford to lose a penny, it doesn't matter is it bitcoin or anything else, it is hard earned money and this is why I cant lose it, as simple as that....

Edit: even though, if Bitcoin goes to 0, it wont effect my actual life style, but it would ruin my plans for the future Wink

So you went all USD at the (double) top, right? Cheesy
hero member
Activity: 672
Merit: 500
Pay attention please. I think it's time to panic sell again.

We need some high quality FUD. 

Anything works lately.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Pay attention please. I think it's time to panic sell again.

We need some high quality FUD. 
hero member
Activity: 672
Merit: 500
Pay attention please. I think it's time to panic sell again.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
ok who lit up a choochoo?

I sold a little. This always happens after.

never sodl!

Ahh, the great dilemma of the BTC investor: selling opens yourself up to the risk of having to buy back at a (possibly substantial) loss later on, or worse, leaving the game too early at an overall loss or at best, minor profit. Never selling on the other hand carries the real risk of losing it all, or nearly so (cf 2011). The best solution for the majority of investors is probably a) not having more of your money in BTC than you can afford to lose, and then, indeed, b) hodl... I'm just afraid too many in here fail point a).

(doesn't apply to you though, I suspect. even if price would drop by factor 10, you'd still have quite a bit.)

That really depends on your definition of: "can afford to lose"

Sure. Isn't that how all financial decisions work though, based on your individual preferences?

For me it would probably be: in case of total loss, a noticeable decrease of my overall living standard in non essential areas, i.e. if I can't afford a vacation as a result of total loss: that's okay. If I need to eat sub-standard food as a result of total loss: I invested too much.

I don't have all my money invested in Bitcoin, but I do not afford to lose a penny, it doesn't matter is it bitcoin or anything else, it is hard earned money and this is why I cant lose it, as simple as that....

Edit: even though, if Bitcoin goes to 0, it wont effect my actual life style, but it would ruin my plans for the future Wink
legendary
Activity: 1470
Merit: 1007
ok who lit up a choochoo?

I sold a little. This always happens after.

never sodl!

Ahh, the great dilemma of the BTC investor: selling opens yourself up to the risk of having to buy back at a (possibly substantial) loss later on, or worse, leaving the game too early at an overall loss or at best, minor profit. Never selling on the other hand carries the real risk of losing it all, or nearly so (cf 2011). The best solution for the majority of investors is probably a) not having more of your money in BTC than you can afford to lose, and then, indeed, b) hodl... I'm just afraid too many in here fail point a).

(doesn't apply to you though, I suspect. even if price would drop by factor 10, you'd still have quite a bit.)

That really depends on your definition of: "can afford to lose"

Sure. Isn't that how all financial decisions work though, based on your individual preferences?

For me it would probably be: in case of total loss, a noticeable decrease of my overall living standard in non essential areas, i.e. if I can't afford a vacation as a result of total loss: that's okay. If I need to eat sub-standard food as a result of total loss: I invested too much.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
legendary
Activity: 2324
Merit: 1125
ok who lit up a choochoo?

I sold a little. This always happens after.

never sodl!

Ahh, the great dilemma of the BTC investor: selling opens yourself up to the risk of having to buy back at a (possibly substantial) loss later on, or worse, leaving the game too early at an overall loss or at best, minor profit. Never selling on the other hand carries the real risk of losing it all, or nearly so (cf 2011). The best solution for the majority of investors is probably a) not having more of your money in BTC than you can afford to lose, and then, indeed, b) hodl... I'm just afraid too many in here fail point a).

(doesn't apply to you though, I suspect. even if price would drop by factor 10, you'd still have quite a bit.)

That really depends on your definition of: "can afford to lose"
legendary
Activity: 1470
Merit: 1007
ok who lit up a choochoo?

I sold a little. This always happens after.

never sodl!

Ahh, the great dilemma of the BTC investor: selling opens yourself up to the risk of having to buy back at a (possibly substantial) loss later on, or worse, leaving the game too early at an overall loss or at best, minor profit. Never selling on the other hand carries the real risk of losing it all, or nearly so (cf 2011). The best solution for the majority of investors is probably a) not having more of your money in BTC than you can afford to lose, and then, indeed, b) hodl... I'm just afraid too many in here fail point a).

(doesn't apply to you though, I suspect. even if price would drop by factor 10, you'd still have quite a bit.)
hero member
Activity: 546
Merit: 501
Wish Bitstamp starts catching up to Gox.

they will, when China situation will be more clear.
hero member
Activity: 812
Merit: 587
Space Lord
Wish Bitstamp starts catching up to Gox.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 101
Merit: 10
Haha. The Blacklist tonight talks about taking fiat running it through a ripple exchange, converting it to Bitcoin then selling it to launder money. Thanks NBC!

lol ripple.

Amost Human tv show mentions bitcoin again in this last episode, which makes it 3 episodes where they mention bitcoin.  It seems bitcoin is used by criminals mostly in that show too.
 

I just saw this as well. I think everyone on the show (based on the future) uses bitcoin. They just only investigate criminals, so it makes it seems that it is only used by criminals. It is weird that the first two times they mention bitcoin on the show, the show a usb drive like device. I'm guessing its the future "hardware wallet". I want one now!

That's a good point.  I want one of those hardware wallets too.  If someone could make a hardware wallet look like the one on the show, it might sell well.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 784
Merit: 1000
Haha. The Blacklist tonight talks about taking fiat running it through a ripple exchange, converting it to Bitcoin then selling it to launder money. Thanks NBC!

lol ripple.

Amost Human tv show mentions bitcoin again in this last episode, which makes it 3 episodes where they mention bitcoin.  It seems bitcoin is used by criminals mostly in that show too.
 

I just saw this as well. I think everyone on the show (based on the future) uses bitcoin. They just only investigate criminals, so it makes it seems that it is only used by criminals. It is weird that the first two times they mention bitcoin on the show, the show a usb drive like device. I'm guessing its the future "hardware wallet". I want one now!
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