Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3310. (Read 26715988 times)

How would they get forced? They aren't traders on leverage. They are investors.
The only ones getting REKT ate the ones believing in fiat...

Nice skills!!!

Cloudflare would not be amused

 Ordered



 I'd better go out and get some fresh air.

Explanation

Taking someone to court is never desired. However, knowing full-well you have the ability and evidence to support your efforts for litigation, it's best to let lawyers handle things at a certain point.

We ended up winning that last dispute without having to go to court. The lawyer basically spelled out how it was going to work out for them, they did the cost/benefit analysis, and capitulated to our evidence, allowing the teams to finish out the work.

We're at the "No contact with builders" stage at this point, while the lawyer negotiates a solution moving forward, with the hope of avoiding formal litigation.

Unnerstan?

they can go under 10k and still buy.

Random

Hello Wall Observers.

You wrongly assume that ES is buying Bitcoin with money that it badly needs and has any need at all to think about having to sell in the near future. The money they have invested in Bitcoin so far represents only a small part of their GDP and does not affect how good or bad the state treasury is. If you buy Bitcoin from time to time with some small amounts and practice the DCA method, does that mean that you should pay attention to the price in the short term at all?

Explanation

I have to chime in it is a bit more complex than just being black and white.  Though in some ways I tend towards polarity myself.  I have never been comfortable trading.  My strategies are very tailored to what is successful to me.  But there is still risk.  One risk that became realized during this particular bull/bear run was always there.  You just don't know what life is going to throw at you.

Well it threw everything at me between 2021 and now.  I got news yesterday that my mother is likely dying.

In retrospect if I had taken more profits when we were 3x higher I would be in much better shape now.  But I have also chosen this strategy with my eyes wide open.  I will get through this time, and possibly be better for it.  Or it will kill me.  Can't say for sure.  Never can.

It sounds trite.  It might sound like the tritest thing one can ever say.  I have been here here in the Bitcoin hurricane-roller-coaster with you crazy people for a lot of years now.  And it has taught me something that might even be more valuable than the financial gain possible if one can weather this storm.  And that is what really matters in life.  See.. trite.  We all already know this.  But I did not KNOW it, and am just learning really

It is fleeting. It is hard to grasp.  And impossible, really, to control.  The path of life, that is.  I can only breathe in, and out. And make choices.  But in the end I must really be at peace with where I am.  Or not.

Breathe in... out...

It is possible to look back on life and see the things I could have done differently.  I could have paid better attention to that thing happening with my child in 2016.  I could have bought more bitcoin in 2011.  And so on.  A mirror image of this, it is also possible to become full of myself and make lists of the things I have done right.  But both of these paths spring from the same emptiness.

I am a Christian.  But I draw a lot from the Buddhists too, I guess.  And desire is a mean ass bitch.  I admire death_wish for laying his errors out on the line for all to see here (although... well nevermind).  And desire isn't really bad.  It just is what it is.  Like fire.  And knowing how to work with it, is to be free from being burned by it, I think.

Anyway.  Somehow this experience with Bitcoin has taught me how to care about the right things a little better... and not care about the wrong ones as much.

I am having fun during this bear!  Why is that?  Is it because I am a masochist?  No.  Because I want to pretend I don't hate not selling at the top and buying at the bottom over and over?  Nope.  It is because this is one of the most interesting seasons in Bitcoin I have seen so far, and I have seen just about all of them.

I mean good grief.  Roger Ver may have gotten liquidated during this time.  I think when the smoke clears this will have been one of the most crazy periods in Bitcoin's history.  And I find that fun. 

Anyway...  I hope you will reconsider my invitation to the party.  But if you don't?  That's OK too. 

Breathe in.

What would I do with fresh fiat TODAY ?

30% cash awaiting to buy BTC in over next 1-3-6 months. (If it makes sense at the time)
25% cash awaiting to buy a very particular alt over 1-3-6 months. (Regardless)
15% cash awaiting to buy another particular alt over 1-3-6 months. (If it makes sense at the time)
20% cash for rainy day for BTC next year/year after/ Blackswan. (If it makes sense at the time)
10% cash just cos

Having lawyers in the family and without knowing the details I would advise caution on a lawsuit unless it cannot be avoided.

They can take years cost ridiculous sums to the degree that only the lawyers are happy and even if you win a big judgement many small builders will often have little in the way of assets on the books and just declare bankruptcy as it can be cheeper to just start a new company rather than pay.

Often it’s best to make a lot of noise show them you have evidence of wrongdoing, convince them you will sue and then once they are paying attention give them an opportunity to make things right via negotiation in return for you dropping the threat of legal action.

Question for everybody in the WO.

If today, you get 1Million$ fresh fiat, available to invest in totally in this market.

What would be your strategy ? Short-long term.. Level/target.. Pourcentage.. Diversification (i mean not only "all in" on btc)..

Explanation

El Salvador finna get rekt soon. They keep buying the dip but it keeps dipping 

How long can they stay afloat before they will be forced to liquidate?

Don't forget to put some laddered buys down, at some "fire sale" prices, before you sleep for a bit.

I'm starting to feel a bit better since I've been leaving some capital tied up in orders at specific target prices; if I hit those targets and acquire more corn, super! If I never hit those targets, because Bitcoin moon-shots at worse, I just claw back my fiat and cancel the orders.

I should really do something silly like leave a standing order for 21M BTC @ $0.01 just for some weird way of feeling alive...

Going to need to sue the builder on the ranch project. Rick and I have been having an awful week dealing with a certified letter we got from our engineering firm on some malfeasance by a subcontractor. This is going to get super ugly at this point. Lawyer is having a field-day because this is a sue for damages type deal where he gets a big payday if we have to take them to court, and inevitably win, based on the evidence we have.

Have visual proof of a subcontractor stealing an SD card out of one of our trail cams, on an area that was being worked on.

FML, brothers.

I just wanted to retire to a life of ranching, and it's nothing but stress and aggravation so far. Don't even want to buy a horse. Loving our John Deere Gator.

On a bright note, things have come along far enough that we should have cattle return back to the pasture within the next week.

Great job Mr. Bukele! 

What a familiar feeling. Have this feeling for the last 10 years at least.