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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6093. (Read 26712670 times)

hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
I really need the lockdownz to stop:





When moon?

t - 9.99 months and counting. Wink
legendary
Activity: 2436
Merit: 1850
Crypto for the Crypto Throne!
...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.
legendary
Activity: 3808
Merit: 7912
legendary
Activity: 3808
Merit: 7912
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.
legendary
Activity: 2436
Merit: 1850
Crypto for the Crypto Throne!
https://twitter.com/nntaleb/status/1360276917992230919?s=20

Btw what the F*** is happened with this guy.

I think that the main problem is about covid deniers and other conspiracy theorists which is widely presented in bitcoin community. Personally, I also hate such kind of people (i don't think that people with IQ below 70 should be with me in Bitcoin Citadel) but really weird. To hate bitcoin because of some idiots which have it.

Always respected him a lot, changing at the moment though.

Meh, this is also weird to change your mind after one different (compared to yours) point of view.

I think I actually still have a bit of bitcoin on a couple of pools. Though last time I tried to spend some of the dust I'd accumulated (p2pool), the fees were ridiculous because of so many inputs (and mempool madness, of course).

There is some bitcoin accelerators, like the one from ViaBTC.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)

OTC

Quote from: OTCMARKET
i will push the price later. see you.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!

I hope there is one last push over $50k. But I would not be surprised if we reached the top for this cycle.


Of course this thought has also crossed my mind.  But I feel like the fundamental landscape will make this hard.  Demand for the asset would have to be dried up, and I have a hard time seeing that being the case right now.
legendary
Activity: 2996
Merit: 1903
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

I agree with this. Hodl until you can take out your initial investment and still have plenty left over, and then liquidate it into some other deflationary asset like a house, land, a business, PMs, etc. And pay off any debts you owe.

That way no matter where Bitcoin goes from there, you can always say, "Well at least I have [X/Y/Z] to show for it."

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



And THAT little sub-thread holds such wisdom.  Those of us who got in early enough (lucky in my case) can sell enough BTC to get their grubstake back, and enjoy the ride from then on.

That is what I have done, although I have done a little bit of extra trimming along the way of this run to buy some other good assets.  Balance.  Diversification.  Similar to Dollar Cost Averaging, but on the way up.

It's been nice to sell tiny pieces of my stake for real money.  But, the great bulk from here on out is HODL.


EDIT: And it has been Gemini (especially) and BitPay that gave me the confidence to HODL as well as sleep well at night.  I am lucky indeed to have found W.O.   Smiley
sr. member
Activity: 700
Merit: 270
They organized a solid operation and when I woke up in the morning, everywhere was red again, although I thought it was probably so, but maybe there may be other possibilities, bitcoin was crossing the border so I think it happened. But let's look at it as if it is back to its old levels today.
sr. member
Activity: 546
Merit: 290
legendary
Activity: 3122
Merit: 1538
yes
https://twitter.com/LilMoonLambo/status/1361356514095685640?s=19

Wait someone bought btc worth 5 billion USD? An hour ago? And we are yet under 50k...

Welcome to the big club  Grin
sr. member
Activity: 546
Merit: 290
https://twitter.com/LilMoonLambo/status/1361356514095685640?s=19

Wait someone bought btc worth 5 billion USD? An hour ago? And we are yet under 50k...
legendary
Activity: 3794
Merit: 5474
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

I agree with this. Hodl until you can take out your initial investment and still have plenty left over, and then liquidate it into some other deflationary asset like a house, land, a business, PMs, etc. And pay off any debts you owe.

That way no matter where Bitcoin goes from there, you can always say, "Well at least I have [X/Y/Z] to show for it."

(But for the love of god don't buy an expensive car with it, that's just stupid)
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)


I think I actually still have a bit of bitcoin on a couple of pools. Though last time I tried to spend some of the dust I'd accumulated (p2pool), the fees were ridiculous because of so many inputs (and mempool madness, of course).

*SNORT* Yeah, I remember that. And when people were bitching about how miners would never make ROI at $800 a coin.

Ah well. The interesting question is if you had kept say a Neptune mining 24*7 through all the difficulty changes and price changes till today if it would have been profitable over the time period.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
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
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


I think I actually still have a bit of bitcoin on a couple of pools. Though last time I tried to spend some of the dust I'd accumulated (p2pool), the fees were ridiculous because of so many inputs (and mempool madness, of course).
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I used to watch the prices of wallpaper vs the size of a dollar. I figured that once the dollar was cheaper than the wallpaper I'd wallpaper one of my rooms with dollars.

You may be aware already but you can buy sheets of uncut notes if you decide to go that way.

The last wallpaper I bought was definitely not cheap.

Edit: Just looked at the sheets and they are an expensive way to buy dollars.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 3794
Merit: 5474
Way to go, City of Miami! Awesome bitcoin news! (yes old news but I missed it)

https://twitter.com/FrancisSuarez/status/1360069847971954690
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