Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3268. (Read 26717059 times)

Yeah you get the point 

Well White House , Capital Building what's a few miles difference in location?

as of today the whitehouse is on the left
and the capital is closer to the right.

When was this?

10% for the big guy.

Explanation

I'll be richer than Elon in 130 years

It’s going up forever, Wall Observers.

I am really not sure if the answer is obvious, but it seems that anyone who has spent any meaningful amount of time looking into bitcoin would more likely end up choosing the bitcoin option rather than the shitcoin variety-pack option.


Well hopefully you are figuring out bitcoin as a long term investment and figuring out some kind of long term accumulation strategy because even now, we have about 99% of the world who still do not have any bitcoin, or they are under invested in bitcoin, and sure there are some other folks in the world who are stocking a lot of extra bitcoin, and even though Michael Saylor might be exemplary in regards to the "over-stockers," there are other folks who are taking similar approaches to their thoughts about BTC accumulation.

Of course, this year we have learned that some people have truly screwed themselves out of their BTC investment by overdoing it in various ways, and maybe not all of that overdoing it (in the form of gambling and overly leveraging) has been sorted out, but with any investment (even a seemingly obviously good one like bitcoin) there will be some folks who figure out ways to screw up their investment and even lose money on it.

Maybe I can let you in on part of the secret regarding bitcoin, and the meaning of an asymmetric bet?

The secret is that bitcoin is designed to pump forever, so you if you exercise prudence, patience and humility while you are continuously stacking your sats and not fucking around with gambling, believing that you have to earn "yield" blah blah blah, or trying to be too smart by selling BTC with ambitions to buy more later, then you may well be able to get rich as fuck with just a modestly aggressive BTC accumulation strategy that is tailored to your own circumstances, whether that is $100 per week, $10 per week or some other amount that is suitably aggressive within your financial and psychological circumstances, and if you continue to figure out ways to continue to stack sats without gambling for 4-10 years or longer, then somewhere in the process you will likely start to feel yourself in a much better position as compared to if you had not invested into bitcoin.  No guarantees of course.. but prudence, patience, persistency and consistency can go a long way in bitcoin.

Sure there are some folks that have a timeline that is shorter than 4 years, but if they have a shorter timeline, that should not mean that they gamble more with buying into bitcoin, but instead they have to be more careful in terms of making risky investments like bitcoin... and having a shorter than 4-year timeline might not even mean that they should not invest into bitcoin, but with a shorter timeline, they may well have to reduce their investment amount into bitcoin rather than increasing it (or rather than not investing at all, which some folks choose to not invest, which is likely not the case, even if some of the fence sitting no coiners are feeling smug at the moment).. 

Basic investment principles with any fundamentally strong investment such as bitcoin is time in the market rather than timing the market, and even if there are not any guarantees, bitcoin is likely amongst the best of widely available medium to long term hedging bets currently in existence.

Sri Lanka shows that fiat money is not working, but, surprisingly, the push for bitcoin is still relatively weak.
What they are planning to do over there? Adopt dollars?

Explanation

Same thing happened in the us when trump supporters stormed the white house, Fun times indeed

Explanation

These our brothers are really having a good time in there country 😂
Are you sure I'm not gonna fly out of here now to my the current cruising location.

Monday is the short form of money-day, lol. It was abbreviated not to make it obvious .We always hope for the best news on mondays.

Explanation

Explanation

Thanks.

About my intersections pic. yeah.. it could be smaller. Was actually thinking about resizing it, but I felt it was just right at the limit for a first post.

..you misunderstood my "advice" a bit. It's more about the size of pictures in quotes. Nobody needs to see the same big size pic every time the post gets quoted.

Fuck shitcoins.


Fuck shitcoins.


Of course, none of us know the future of bitcoin prices with any kind of specificity, but there are a lot of ways that you should be able to build up your BTC portfolio so that you are never selling all of your BTC. and fucking around with gambling strategies when bitcoin is likely amongst the best of upside and wide-scale asymmetric bets that any of us are likely to have in our lifetimes.  

When there appears to be the greatest transfer of wealth of all time going on, and through your having had learned about bitcoin, you are able to be amongst the recipient class of such wealth by holding and accumulating BTC, then I wonder why any of us who are informed about BTC would want to fuck around and take chances that we sold too many BTC too early...

In other words, each of us who know about BTC should be erroring on the side of accumulating BTC and not selling much if any of our BTC in order to attempt to accumulate more because that strategy of selling too much too soon is less than optimal.

Many of my overall points about how to think about BTC as an investment are in my December 14, 2021 thread on the topic.

"Nothing can stop the Dollar Milkshake Theory playing out."


https://twitter.com/RealVision/status/1545520525769859075?t=hPF1Xax6tkCaZhgewk6F5A&s=19