Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4527. (Read 26634066 times)

ATH this week, what do you think boys?

Seemingly getting stuck at $63,000 atm. Would love a big, thick, veiny green dildo to take us to $70,000.

#nohomo

ATH this week, what do you think boys?

THE BIRTH OF BLOCKCHAIN

All joking aside, I have been giving considerable thought to how I am going to handle this bull run of my first cycle.
As many of you know, I didn't actually get onboard until late June of this year. I have since been consistently buying every week from my DCA amount. And in the midst I have done a little dabbling (J1G would call it gambling) with various "shitcoins" to take advantage of short term gains to be invested into BTC. I have consistently accumulated approximately 30% more BTC than the market price I invested, and at this point am at a bit over 100% profit. But, realistically, it's nothing. So I'm leaning heavily towards an attempt to DCA out to the top and then buy back after the crash with my profits. First sale at $98k would be the smallest and last sale at $249k the biggest leaving me with a little less than 10% of my current bag but nearly 100x in profits. If all works perfectly and we see 60% dip after a $250k top, I would be a whole coiner by my 1 yr BTC anniversary date. Even if it tops at any point below $249k but above $100k I would still be well on my way to whole coin status by end of year 2022. Only way I lose is A) it shoots up significantly higher than $300k and never drops back below $200k OR if it ends up in a super-cycle that never comes back. Either way, I'm still up significantly in Fiat, but will be back to ground zero in BTC accumulation. But considering I've only got 6 mos. of weekly DCA's invested, I just don't see the downside as being anywhere near the potential or even likely upside. Regardless of the outcome, I still continue my weekly DCA for the next 10 years, but if my bet pays off, I continue as a whole coiner. If it doesn't I just continue as a low coiner.

Open to thoughts and criticism, but can't honestly say I'll change my course based on it.

-Cope

I don't want to be limited in predicting to the starting and ending times of a daily candle, but I would consider that a 24-hour period could produce a $10k candle relatively soon^tm.. maybe even within this here deadman's zone.. of let's say anywhere between $64.4k and $79.8k, we could have a $10k price appreciation within 24 hours within that price range.. seems very plausible to me... maybe having greater than 28% (which is NOT ant-sized) odds?....SOMA^tm.. and getting a less than 24-hour $10k UPpity candle before reaching $100k has closer to supra 38% odds...