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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6090. (Read 26712846 times)

legendary
Activity: 1235
Merit: 1202
50k, today, let's do this!
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
 ... 1337 days to be precise, all 1337 hOdlerS know this
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
As for how long one should HODL, the answer so far is 1335 days.

Quote
How long do you have to hold Bitcoin to make a 100% sure profit? According to my analysis it is 1335 days or 3 years and 8 months.

This is from someone who took price data for bitcoin and checked what is the longest from top peak to when it went over. So anyone who has HODL'd about 4 years, no matter when they bought it, would be in profit.

Sure you are correct historically about being in profits after 3.66 years or 4 years to be safe, but we know that history does not guarantee future results (you surely know that Dabs), even though we can use history as a reference point which may have been what you were trying to do, even though you seemed to suggest that there was some kind of assurance of such.. which I surely would not have gone that far.. which is also the reason for my response post.   Wink Wink

 Tongue


(But for the love of god don't buy an expensive car with it, that's just stupid)

To be fair, if Bitcoin gets to 1M, I may buy an expensive car with it:)

I don't see anything wrong with buying an expensive car or various expensive cars, various expensive hookers and various expensive blow that you might not even consume but you pay for just for shits and giggles.

Sure when you are in an accumulation stage and maybe in a maintenance stage, then you want to make sure that your money is working for you in a variety of ways that you use it, but there likely comes a point that differs for each of us but still might have some objective considerations, and if you set a wealth accumulation target, but you end up exceeding such target by 2x, 5x, 10x, 50x, 100x.. at some point, you have way fucking too much money in terms of your wealth accumulation target(s), and it may well make a whole hell of a lot of sense to using some of your wealth of pure bullshit consumption, and in other words your wealth does not necessarily need to continue to work for you after a certain point when you are trying to consume it while it is coming in faster than you can even attempt to consume a small fraction of the overall wealth or even the new wealth that is coming in.

Don't read me wrong because I am not even proclaiming that you should not be prepared for draw downs, but I am suggesting that even accounting for draw downs or potential draw downs, you have already accounted for being way the fuck more rich than you have expected, so you likely should be figuring out ways to up your consumption whether it is depreciating goods or appreciating goods, but surely knowing the difference is also important.. but does not signify that decent amounts of your wealth might end up getting diverted into knowingly depreciating goods or immediately consumed goods.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
... 50k is being lined up for another pounding
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
... Random rant and insults...
j

So fuck off and don't read my post.

Did someone die and put you in charge of my reading (and presumable posting) decisions?

Did you forget that you are posting on a public thread, dumbass?

If you want your dumbass ideas to be private, and if you want no one to respond to them, then maybe you should post them in some private location or create your own thread.. probably not too many people would read your nonsense if you had your own thread of your mostly unbaked and seemingly know it all ideas... which obviously you hardly know shit...

Who you think you are, that you can "order" here someone to leave the board.

I don't recall ordering you, but maybe I should try that:

Get the fuck out of here, diptwat dieselmeister!!!!!!!!!!


Did it work?  Probably not, but hey, for funzies, I tried.

 Cheesy Cheesy Cheesy Cheesy


Someone describe to me the situation without any insult.

I tried that, too... for several weeks I have been trying to work with you in regards to responding reasonable to your ongoing posting of stream of conscious, emotionalisms and premature ill-thought out posting nonsense, but you continue with it.

But  Big Jay Jay have to begin a rant 10h after I posted my stuff and someone gave a good explanation to it.

I did not realize that there was a time limit for when posts could respond to other posts.  That's a new one on me.  You feel that you are treated unfairly because the response came 10 hours later?   Roll Eyes Roll Eyes Roll Eyes

Without any insult.

You are likely reading insults, but instead it is an increased level of telling you that you are full of shit when you do not seem to get it when people talk nicely to you.  If people talk nicely to you, then you somehow believe that you had made some decently valid points, even though you had not.  

What is wrong with you, I have to ask.

You think that this is about me?  Get a grip, dieselmeister.  These are the interwebs, and not everyone is going to give you cookies and warm milk just for being you.  I know it kind of sucks, but that is the way thingie-ma-jiggies work, especially when you are spouting out nonsense and refusing to even consider your ongoing baloney.


Did you have some anger issues?

I always thought that I was a pretty nice guy, and even pretty tolerant, too... but hey, maybe my perspective is a wee bit skewed.  In regards to my interaction with you, it seems that I have been demonstrating quite a bit of patience with you, too... so there is that angle.

Seek help and try not to insult people here.

You are likely misreading what is going on, and unable to focus on substance because you are too focused upon how you might have been personally affected.  In the end, posts, including mine, are not meant to be personal.  They are meant to be substantive, but look at you, you made a whole post related to personal matters and failed/refused to even attempt to address my earlier post for its substance.. and surely there was substance there - and perhaps a bit of personal digs here and there because you likely deserve some personal digs due to your ongoing stubbornness.

Btw maybe you said something important, but I stop reading after the first insult.

Exactly.. shows that you are losing it, dieselmeister.  You likely need to step back a bit and try to focus on substance, because we are not tending to post about personalities in these here parts.. at least, not for the most part.

So your rant went into nothing.

I would not characterize it as a "rant," even if it may have had some strong language contained therein from time to time.  Strong language could have merely been considered as emphasis rather than devolving into emotional outbursts.  I don't get too emotional, even when it comes to kind daddy... even though price going up could make many of us a wee bit ccccittttteeeeee!!!!!!!

Or did you wanted to address other people's with that?

Just attempting to address ideas presented.. No need to read more into my posts than are actually there.. then you might be devolving into speculating about something that is not even part of the actual post(s).

Maybe you get some credit for insulting others

I doubt it.  People do not tend to appreciate too many arguments, at least those have been my experiences in these here parts.

, don't know,
Yes.  Surely you do not know.  You are just guessing... pure guessing.

but your Bla Bla didn't reach me,

That's too bad... poor you.. unable to absorbe some kinds of information because you become emotional while reading certain kinds of things that you do not like.

because you have no control over you emotions. I

I believe that I do have quite a bit of control over my emotions, and I doubt that there was very much emotion in my post towards you except the seeming emotions of my calling your various ideas dumb.  I would not characterize those as emotions, just attempts at descriptions.. and my posts should speak for themselves, anyhow, in terms of if there may have been some perceptions of emotions contained therein.  

I don't think so, and you think so.  So our opinions seem to differ, no?

... Random rant and insults...
j

So fuck off and don't read my post.

Whine about non-existent BTC dumps (or shill altcoins) and get the JJG Slap.

This is the WO way  Grin
 

A much more succinct way of putting the matter.  You know I tend to have difficulties boiling myself down to such terseness. 

Sucks to be me.    Cry Cry Cry
legendary
Activity: 2520
Merit: 3038
That's quality shitposting, though. Don't worry is my advice  Grin
legendary
Activity: 3808
Merit: 7912
Just finished working the weekend and I needed to shitpost for stress relief.  Sorry.
legendary
Activity: 3808
Merit: 7912
fuck these greenie idiots who've never lived in a true time of want or need

Because our survival is somehow entirely unaffected by the survival of the community of beings around us...

Ah, there are too many of us anyway.  The earth is fighting back.
legendary
Activity: 3808
Merit: 7912
Always make sure your house has a fireplace. Friend in Texas is -3 temps and no power. A miserable heat pump won't do squat in that case.

... right, doesn't need to be wood fire just something that burns, when all else fails the ancient way to combat ice is with fire

... diesel, oil, gas, propane, wood, plastic ... anything that burns to survive, fuck these greenie idiots who've never lived in a true time of want or need

Yeah but propane prices are through the roof rn. What happens if they keep going up?

 More fracking... oh wait.
legendary
Activity: 3808
Merit: 7912
Always make sure your house has a fireplace. Friend in Texas is -3 temps and no power. A miserable heat pump won't do squat in that case.

... right, doesn't need to be wood fire just something that burns, when all else fails the ancient way to combat ice is with fire

... diesel, oil, gas, propane, wood, plastic ... anything that burns to survive, fuck these greenie idiots who've never lived in a true time of want or need

 That lump of coal that Santa left in their stockings would work too.

legendary
Activity: 3808
Merit: 7912
Always make sure your house has a fireplace. Friend in Texas is -3 temps and no power. A miserable heat pump won't do squat in that case.

 -3°F ?  Damn!  I would blame Canada for that!!  Grin
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"


Yes, safetheRF... the fact that you only read the first few lines speaks more about you than it does about your assessment of my supposed state of "triggeredness.".. you dweeb.   Tongue

 Cheesy Cheesy Cheesy Cheesy


I got to a point in life that I feel very old and I have no patience for anything. Tongue

I'l just enjoy my sugar free coffee and my home made keto chocolate chip cookies, while I'l see some more entertainment on youtube or torrents, and here ofc from time to time. Smiley

Good for you, but makes it more difficult to deal with more difficult topics if you are failing/refusing to research the basics of what you are responding to, and maybe that partially explains why you are so distracted (and excited) by shitcoins such as doge...

I am imagining (likely an unfair extrapolation) that it sucks to be you, but hey maybe you ONLY know the answer to the "suck" factor of your actual existence, because you seem to be quite content with mediocrity... which sure, it takes all kinds to float a boat (or make a village), no?

 Kiss Kiss #nohomo Kiss Kiss
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
... hybrid are cute and maybe interesting but a bit dinky too tbh ... you can get a 8-10 kW cummins diesel generator AND a RAM 6.7l cummins diesel turbo 4x4 truck for the same money  Grin Grin Cheesy


legendary
Activity: 2520
Merit: 3038
I'm so glad I never went through with my idea of taking out the initial investement and "keeping the game on house money only". YMMV... but it might not, too, perhaps?  Tongue
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
I hope Bob is ok there in Texas.

My brother has been sending pictures all day. I had to give him some Panama advice on how to keep your phones charged when you have no power for days.

Charge with your laptops.
Turn off phones when not in use.
Last resort, charge them in your car with the car running.

This is where having a hybrid of any kind totally rocks: You can turn them on and they will run the 12 volt line off the battery till the battery is low, then turn on the engine for a short time to do a quick recharge. I've run a fridge and other key elements (chargers) for days off a Prius+1000 watt inverter, the thing is like the ultimate gas generator with a 10 gallon tank.

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
the combination of the best performing asset in the history of finance being also the by far most volatile asset in history is a heavy weight to lift.  we are not specially trained, hardened professional traders with balls of steel. most of us are regular guys who would have never chosen becoming traders. with selling the entire stash being just a mouseclick away, hodling btc is like trading - you choose not to sell, every new moment, every new day, every new wave of FUD.

We had no choice but to grow balls of steel ourselves. when your life savings can literally evaporate overnight, getting up in the morning, checking the price would be hyper stressful for a someone not used to it. it became routine for us. but it takes time for those balls to harden. and sometimes, for example when reaching a certain threshold money figure like $100 000 or even 1mio, even seasoned btc hodlers can experience high stress levels again.

I definitely recommend taking a little profit and treating yourself now and again. Not too much cause it hurts when the price goes up and the toy you bought for $50 would have got you $500 or even $5000 (though this in itself is good training to hodl) but it's definitely nice to know that even if everything went to 0, you'd still be ahead. Another thing is to make a plan and stick to it and remember that you can't predict the future, only make the most of probabilities. Also, you can't take it with you.

Just take your initial investment back as that relieves any stress.

Nothing beats Playing with House Money. Cheesy

 ...but isn't that what our buddy mindrust did?  He also said it was for peace of mind.

Sure.. in theory, taking out house money can be good in theory, especially if you are afraid about bitcoin's future performance or if you are afraid for your initial investment.. but jeez.. you can take out your initial investment way too damned soon and then screw ur lil selfie out of a whole hell of a lot of profits because you wanted to feel MOAR comfie.  I think that currently, my initial investment is about 1.5% of the value of my BTC.. something like that.  So the BTC price would have to go down to 98.5% to around $700 for my investment to be equal to the size of the value of BTC... Why even fucking bother pulling out the value of the investment just to feel comfie.. hardly makes sense to me, especially if you invested in such a way that you were NOT investing more than you can afford to lose.. but whatever, if that's what makes peeps more comfie, then go ahead.. and surely it makes more sense when you are up 60x or whatever because taking out the initial investment does not draw down the principle nor the whole investment very much, but it makes a whole hell of a lot less sense if you might only be 2x or 3x in profits or something like 10% to 30% or so in profits which would have been the paltry range of mindrust's profit status around $4,500, which seems to have been the point that you were making, xhomerx10... so you and I, xhomerx10, are making the same point in different words.. wall of text from me, and normal talk from ur lil selfie.   Tongue Tongue Tongue

...but isn't that what our buddy mindrust did?  He also said it was for peace of mind.


Why does he sold all his coins at the bottom? I can't get it even now. If you have a work and hobby, you can just "forget" about your coins. If it fail, in factnothing will change for you. Yeah, you will regret this all your life "Oh, i could sold it and bought new Cadillac for myself!". But what will be (in fact what already happened in mindrust case) if this will success? If you've sold at the bottom, you will regret your actions much stronger than in if it would fail.

 No.  The covid bottom scared the shit out of him.  He waited until he could cash out with his initial investment and then bailed.  I think it was around 10k when he pulled out.


No.  

Mindrust pulled out at $4.5k (right before the very bottom, but NOT the very bottom), and supposedly he sold 10 BTC just after he announced that he had reached the 10BTC level.. almost too staged to be believable, and that is why some of the guys here continue to have difficulties believing that mindrust was actually being genuine in terms of having had invested 10BTC and then pulling out in the way that he did was somewhat inconsistent and illogical from various hard fought BTC accumulation efforts - though some of it made sense when mindrust was asserting that he had overinvested in such a way that he had well over 40% invested in BTC.. which also seemed to have left him no room to have his various living expenses covered.. or some nonsensical over doing the investment that mindrust himself described as part of his predicament and the reason for his seeming emotional inconsistencies.

Another weird aspect about the mindrust situation was that the BTC price bottomed around $3,850 but then it bounced up into the $5ks and maybe even close to $6k, and then within a few days it went back to a bit below mindrust's sales price which caused several WO members to lean on him more heavily to buy back some or all of the 10 BTC that he had sold, and he refused to buy back any, even though later, he did assert that he had bought back 1BTC, which would have probably been around $6k-ish.. perhaps a wee bit lower.

AFAIR he bought at around $1.000 and kicked it at $4.000 and he was proud to "win" 30.000 with his 10 BTC.
So, let me calculate... His "win" turns to a loss of $445.000, as of today. Absolute Legend (but not in a positive way).

That's not true. Mindrust may have had a decently long history of buying and selling his BTC, so he did buy some BTC below $1k, but he also admittedly fucked up quite a bit, so he continued to assert that he was trying to reform his ways in terms of not panicking or whatever, which ironically is what he ended up doing.. but anyhow, he had been buying through the 2017 pumpening and also during the correction, so his average price per BTC ended up NOT being much different from his March 2020 sales price.. I am not sure if he might have been a little bit in profits, such as somewhere in the 10% to 30% arena, or if he was merely at a kind of break even point, and I am not even sure if he made that clear, except that he was getting out because he did not want to be in losses and he was anticipating buying back in lower inline with the theories purported by "expert" Masterluc and perhaps some other BTC geniuses who "knew" that that the BTC price was going much lower.. at least below $2k if not in the mid $1ks such as $1.5K.... Anyhow "knowing better" is a frequent problem with gamblers, people relying on bad sources of information and dreamers.
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Yeah but propane prices are through the roof rn. What happens if they keep going up?

Firewood is always my favorite. You can cut up the trees and split the logs yourself, with a solid splitting maul and a 16 pound sledgehammer any log will eventually break.

Pellets are also a pretty good choice, damn little pellet stoves put out a *lot* of heat and you can store a pallet or two for the ass end of ever. They do require a small amount of power so either have a good UPS, a properly sized powerwall or a small generator outside. In a pinch you could get a 500 watt inverter and run them off your car battery, charging with the engine. If you have a hybrid or an EV you are totally set for days.



legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I hope Bob is ok there in Texas.

My brother has been sending pictures all day. I had to give him some Panama advice on how to keep your phones charged when you have no power for days.

Charge with your laptops.
Turn off phones when not in use.
Last resort, charge them in your car with the car running.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
fuck these greenie idiots who've never lived in a true time of want or need

Because our survival is somehow entirely unaffected by the survival of the community of beings around us...
member
Activity: 113
Merit: 24
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