Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6069. (Read 26713256 times)

2 Target: 50 750  complete

1 Target: 49 700 - complete

Anthony Scaramucci, founder and managing partner of hedge fund SkyBridge Capital and former communications director under the Donald Trump administration, also told CNBC in Wednesday he sees bitcoin hitting $100,000 per unit before the year ends, citing supply and demand. SkyBridge is also invested in bitcoin.

Yep... I recall that you were selling a lot in the sub $12k prices and expecting to buy back lower and to keep working the back and forth of BTC's price movements to buy more bitcoin, but that strategy does not work to accumulate bitcoin, it ONLY works to cause you to get "left behind" if you end up selling too much because you are hoping to buy back lower.

Anyhow, many of us learn from various mistakes that we make, and it ends up being too bad if whatever stash that you end up having makes you feel like you did not prepare enough for UP in such a way that you could shave a bit of extra BTC off here and there, if you were to to so choose.

There ends up being a couple of factors to consider, and one is the size of your BTC stash relative to your other investments, and the question about whether you feel that you have accumulated enough BTC.. and then another thing ends up being your average costs per BTC, and if your average cost per BTC might be in the $7k to 9k arena, then you might not feel that your stash is sufficiently profitable to begin to shave off some BTC here and there along the way.  Of course, you feel a bit better to shave off a bit of BTC here and there if your average cost per BTC happens to be either in the lower 4 digits such as below $2k per BTC or even if it is dipping into the triple digits, and there are some OLDer timers here who have even fewer hesitations about scrapping off some BTC here and there because either their average costs per BTC is in the lower three digits, such as below $200 or even in the double or single digits.. rare but still existing in some degree of plentifulness. 

Last week I had too much work and missed the time corn went over 40000€. Now it's firmly over that. My father is nagging me to sell, to give money to my sister (by selling), I told him countless times I sold enough (too much) and am not going to sell anymore until much higher prices if ever, but he continues, annoying !

Yep... a kind of gambler's mentality that may or may not end up working out.  Seems that the odds are against such mentality playing out to make up for losses that he already made by failing to adequately be in bitcoin and what he would be able to achieve by just sticking with king daddy.  

Never know?  Never know?  in terms of gambling actually paying off and surely if he does end up picking his shitcoins correctly, AlcoHoDL, you will probably never hear the end of it, just like you are likely NOT going to forget his ongoing dumbness for already having had underperformed because of getting involved in shitcoins nor will you forget if his portfolio underperforms bitcoin (to the extent that the gambler actually discloses the truth to you, and gamblers do tend to have loose connections with actual truth rather than the truth that they imagine to be the case).