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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4574. (Read 26609858 times)

legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
just sold a piece for 60k


Last night I sold a small sliver of my BTC stack at some $59,500.  Taking profits is not a bad thing for essentially any investment that has had a sharp price run-up.  OK, my timing is not great, I have known and mentioned that here many times.

*   *   *

The problem I have with being "All-Inn" with just BTC is that there are unknown risks out there ("Black Swans").  Most (not all of course) of my thinking follows that of most of W.O.  But with Black Swans (by definition not knowable), there really are unknown risks.  Unknown risks are why I diversify.

That said, I agree with Saylor (and the band of warriors here at W.O.) that BTC is likely (note word "likely") the Apex Asset.  But, you never know...:

"The Ten Thousand Things rise and fall without cease"

-- Lao Tse



EDIT: just saw BTC price cross $61,000.  "Shoulda sold that slice this morning"  Ah well, I did write that my timing is not the best...

That's just the ol yin-yang thing. You start to build trust, doubt arises proportionally. it's your higher self (bull) that balances your decision against your frightful ego (bear).
The goal is not to stay strong, it's to stay alert, confident and balanced in your decisions.

As of "black swans", i'd recommend you to not even dare to think into that too much. Just consider black swans as fate and go ahead. The next black swan can as well be an asteroid wiping out earth or a massive radio/solar storm killing electronics on at least one half of the planet.

EDIT: The essence of Lao Tse's teachings is to accept.
legendary
Activity: 2520
Merit: 3038
What will be some good altcoins to invest in after the BTC rush is over? Have to be prepared. Cool



Inb4 JJG gets the nasties.
legendary
Activity: 2520
Merit: 3038
Neurons refreshed! All is fine!

Off for a walk to breathe some fresh air... This is all...too much.

#tough_life

I'm quite curious as to your methods of neuron refreshening.
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
What will be some good altcoins to invest in after the BTC rush is over? Have to be prepared. Cool

I've heard RPC (rusty pipe coin) is pretty good. Contact Bawb for details.  Grin
legendary
Activity: 3388
Merit: 3514
born once atheist
just sold a piece for 60k

60K for a piece eh?
Was it a vintage custom engraved Colt 45 with a silver bullet or something?
legendary
Activity: 3512
Merit: 4557
New ATH is only ~$2000 from here. Smiley
legendary
Activity: 2338
Merit: 1035
What will be some good altcoins to invest in after the BTC rush is over? Have to be prepared. Cool
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
chopper is prepared. don't disappoint me bitcoin our savior, king daddy  Grin

FT prayer FY

 Cheesy Cheesy Cheesy Cheesy
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
chopper is prepared. don't disappoint me bitcoin  Grin
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Saw today's morning candle, which i was expecting yesterday. Honey badger hunting highs again  Grin

EDIT: $60k seems to become a tough nut to crack  Roll Eyes

I would suggest that we just barely got to $60k-ish.... Yes, there has been additional UP price movement since your post, too.. including the breaking above of $60k in the last 4 hours ....

Anywhooo, what I am wanting to say is that we just arrived (again) at supra $50k a mere 10 days ago.. and pretty much there has been steadily UPpity ever since around that time.. and even from the mid to upper 40ks....  

In other words, we should not be expecting that there might not be any kinds of pausenings of the UP price movements in the process of ongoingly going up, right?

Gosh.

We have not had pausing for very long at any point between $50k and $60k.. and surely meaningfully getting above $53k (which probably was something like the $55k entrance to noman's land), has brought us a kind of ongoing uppity momentum.. which is kind of characteristic of what happens in noman's land.... sure we could have some more pausenings along the way to $80k in the coming weeks, but still has a kind of noman's land feeling to me... at least tentatively speaking and hardly finding any difficult nuts to crack, so far.. even getting  into the $50ks again around 10 days ago and 10 days of almost steady UP.. without any real substantial or meaningful pauses.. at least, so far... in other words, this is about as good as any of us could (or should) be expecting - given current circumstances and given our around 6 months of pausenings in terms of reaching ATHs and taking around 6 months to get back to the place where we had already been..such a short time ago..

I'm dying to watch the next Saylor interview with Laura anyone.

It will be so much fun. "Bitcoin is the apex of humankind's most advanced, thermodynamically closed monetary energy system. To those who sell it: I just pity them!"

hahahahaha

pity the fool

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
Neurons refreshed! All is fine!

Off for a walk to breathe some fresh air... This is all...too much.

#tough_life
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Smiley



Stash equal to, say, 10-20 ranches (or lakes) X0.16= 2-3 more ranches (or lakes, whichever it is) Grin

Hahahahaha

Funny to hear that "hypothetical" from you Biodom.. with your 20 BTC waiting for $10 million per bitcoin.. hahahahahaha

It's started.
To those who endured: you deserve it.
Enjoy the ride.

it's hard to believe...after so many jarring setbacks.
Looking just at the 200wk average would help to maintain sanity.
That's pretty much the only thing @JJG got right.

I am "pretty much" glad that you are appreciating "some" of my contributions.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
legendary
Activity: 2968
Merit: 1895
just sold a piece for 60k


Last night I sold a small sliver of my BTC stack at some $59,500.  Taking profits is not a bad thing for essentially any investment that has had a sharp price run-up.  OK, my timing is not great, I have known and mentioned that here many times.

*   *   *

The problem I have with being "All-Inn" with just BTC is that there are unknown risks out there ("Black Swans").  Most (not all of course) of my thinking follows that of most of W.O.  But with Black Swans (by definition not knowable), there really are unknown risks.  Unknown risks are why I diversify.

That said, I agree with Saylor (and the band of warriors here at W.O.) that BTC is likely (note word "likely") the Apex Asset.  But, you never know...:

"The Ten Thousand Things rise and fall without cease"

-- Lao Tse



EDIT: just saw BTC price cross $61,000.  "Shoulda sold that slice this morning"  Ah well, I did write that my timing is not the best...
legendary
Activity: 3038
Merit: 6194
Meh.
New ATH on a Friday, how wonderful
legendary
Activity: 2520
Merit: 3038
just sold a piece for 60k

A serious WOer, promising he'll take one for the team - and actually taking the hit. Thank you, again!
legendary
Activity: 3304
Merit: 8633
icarus-cards.eu
legendary
Activity: 2184
Merit: 1213
After we break ATH I guess we will see some 10k pump days.
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