Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6162.

Krubster

sr. member

Activity: 378

Merit: 889

Quote from: Anastasios on February 07, 2021, 07:51:45 AM

Quote from: Krubster on February 07, 2021, 07:38:40 AM

For whatever reason you have to sell, having a strategy set up in advance is never a bad thing. Trying to match the top is far more difficult than predicting the bottom (e.g. 200W MA) in my opinion. For that reason, a sell ladder can be a good strategy. It's automatic and it won't cause you stress trying to match the exact top.

I personally sold some coins between $30-40k to reinvest in real-estate. I could have held them longer for more fiat gains, but I had a strategy set up a long time ago and I held on to it. No regrets.

Right now I have no need for more fiat, so I have no further plans to sell anything.

I have had this same plan personally. I could have been a billionaire if I held on to all of my coins. Sounds tragic but I am just as happy being a decamillionaire Wink

. On one hand, you never know for sure what it may reach, on the other, you want some gains in-between. Make a plan that you can accept the consequences of whichever way it goes.

Holy shit, that's still a lot of coins. Congratulations to you. I also have no way near as many coins as I did when I bought my first bitcoins at $10. I still consider myself very lucky and fortunate, finding out about bitcoin as early as I did.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: Krubster on February 07, 2021, 05:50:05 AM

Quote from: Cryptotourist on February 07, 2021, 05:34:51 AM

Nah, she'll do the rapid anus COV test, it's unisex Cool

, insta-results, 100% guaranteed. Only $99.99!

The anal Covid test is for free Cheesy

good one, but NEVER do this while climbing up a tree:

https://www.youtube.com/watch?v=G4GjytdY9dw

Cool

OutOfMemory

legendary

Activity: 1708

Merit: 3439

Man who stares at charts (and stars, too...)

Quote from: philipma1957 on February 07, 2021, 04:49:09 AM

Snoop Dog is tweeting about Doge.

Talking about Snoop Doge

Next up will be Martha Stewart Grin

Doge back over 6 cents.

Who let the Doges out?

Really, the more Doge pumps, the more backflow to BTC when Doge dumps, imho.

Thanos01

member

Activity: 109

Merit: 34

Damn thats a lot of money to give away tho , im wondering how he feel by now!

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

Selling BTC makes sense only if you subsequently (and soon) use the obtained fiat to fund some project, purchase, Lambos, hookers, blow, whatever. Selling BTC just to keep fiat in the bank is a near-guaranteed way to lose wealth. And you must be mentally prepared to accept the inevitable fact that whatever you buy will soon become the most expensive item of its kind (for you), as has been my Trezor h/w wallet, which is now valued at over $5,000 (I paid 0.14 BTC to buy it, when I could have bought it for $119 in fiat, which I had). Use this analogy for whatever you're planning to buy.

Of course, there are some things that cannot wait. Dreams and goals we set in life, which we should aim to fulfill when we are young enough to enjoy them. HoDLing while being miserable is not wise... It's up to the individual to decide when to make their corn work for them.

Sell when you must (but wisely).
Buy when you can.
Always aim to HoDL.

friends1980

legendary

Activity: 1582

Merit: 1059

nutildah-III / NFT2021-04-01

Quote from: Poker Player on February 07, 2021, 07:47:46 AM

Yes, I agree with the previous comments about the selling strategy but I would like to emphasize: never sell everything. Keep whatever percentage you are comfortable with. Imagine those who bought BTC when it was worth $1 or so. If they sold everything, they probably have some regrets, no matter the profit. But if they were able to keep a % while selling at some points, they will probably feel better now.

If you have no real content to share, it's better to keep your mouth shut.

If you're in it because you believe in BTC as future money, hodl of course!

But if you're in it for the profit, any profit is good. Prices will ALWAYS go up or down, so if you have regrets every time something went up after you sold (with profit), you're the most retarded trader in the world.If you have regrets and think it will go up again, buy in again - DUH.

As for understatements, you're obviously the winner of the day. Congrats.

Anastasios

member

Activity: 68

Merit: 12

Quote from: Krubster on February 07, 2021, 07:38:40 AM

For whatever reason you have to sell, having a strategy set up in advance is never a bad thing. Trying to match the top is far more difficult than predicting the bottom (e.g. 200W MA) in my opinion. For that reason, a sell ladder can be a good strategy. It's automatic and it won't cause you stress trying to match the exact top.

I personally sold some coins between $30-40k to reinvest in real-estate. I could have held them longer for more fiat gains, but I had a strategy set up a long time ago and I held on to it. No regrets.

Right now I have no need for more fiat, so I have no further plans to sell anything.

I have had this same plan personally. I could have been a billionaire if I held on to all of my coins. Sounds tragic but I am just as happy being a decamillionaire Wink

. On one hand, you never know for sure what it may reach, on the other, you want some gains in-between. Make a plan that you can accept the consequences of whichever way it goes.

Poker Player

legendary

Activity: 1372

Merit: 2017

Yes, I agree with the previous comments about the selling strategy but I would like to emphasize: never sell everything. Keep whatever percentage you are comfortable with. Imagine those who bought BTC when it was worth $1 or so. If they sold everything, they probably have some regrets, no matter the profit. But if they were able to keep a % while selling at some points, they will probably feel better now.

Krubster

sr. member

Activity: 378

Merit: 889

For whatever reason you have to sell, having a strategy set up in advance is never a bad thing. Trying to match the top is far more difficult than predicting the bottom (e.g. 200W MA) in my opinion. For that reason, a sell ladder can be a good strategy. It's automatic and it won't cause you stress trying to match the exact top.

I personally sold some coins between $30-40k to reinvest in real-estate. I could have held them longer for more fiat gains, but I had a strategy set up a long time ago and I held on to it. No regrets.

Right now I have no need for more fiat, so I have no further plans to sell anything (except for my trading stash which is less than 5% of my total stash).

friends1980

legendary

Activity: 1582

Merit: 1059

nutildah-III / NFT2021-04-01

Quote from: friends1980 on February 06, 2021, 06:47:36 AM

Quote from: AlcoHoDL on February 06, 2021, 06:02:25 AM

Possible ATH in the weekend.

Back to the trend.

I have a small voice in the back of my head reminding me of the 2018 crash disappointment.

My fears have not been taken away yet... Observing 38,5K...

serveria.com

legendary

Activity: 2478

Merit: 1220

Privacy Servers. Since 2009.

Quote from: Gyrsur on February 07, 2021, 06:38:00 AM

Quote from: serveria.com on February 07, 2021, 05:55:06 AM

Quote from: LFC_Bitcoin on February 07, 2021, 05:21:33 AM

Quote from: JayJuanGee on February 07, 2021, 12:43:16 AM

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit! Grin

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner! Cool

selling BTC for what? Gold? OK (IMO) if you are a bit over invested in BTC. Silver? OK, for our U.S. friends because most of them think silver cannot be confiscated. FIAT? Not OK (IMO) just in case you really need some to buy other things.

Why not selling for FIAT? Why do all the stocks, real estate, land, commodities etc. increase in price? It's not because their value is increasing all the time. But the value of FIAT is decreasing all the time therefore the price of the others in FIAT is increasing. think about it.

Exactly this. Think Lambos, hookers, blow.. Grin

I'm not even considering selling and investing into something else. Just exchange BTC for some luxury things via dirty FIAT. Cool

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: Gyrsur on February 07, 2021, 06:38:00 AM

Quote from: serveria.com on February 07, 2021, 05:55:06 AM

Quote from: LFC_Bitcoin on February 07, 2021, 05:21:33 AM

Quote from: JayJuanGee on February 07, 2021, 12:43:16 AM

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit! Grin

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner! Cool

selling BTC for what? Gold? OK (IMO) if you are a bit over invested in BTC. Silver? OK, for our U.S. friends because most of them think silver cannot be confiscated. FIAT? Not OK (IMO) just in case you really need some to buy other things.

Why not selling for FIAT? Why do all the stocks, real estate, land, commodities etc. increase in price? It's not because their value is increasing all the time. But the value of FIAT is decreasing all the time therefore the price of the others in FIAT is increasing. think about it.

Yep, whatever reason you sell make sure it is not to hold fiat. A home, diversification, income producing asset so you can quit your job, yes by all means. But, if you hold more than a year worth of expenses in fiat you are doing the increase in your generational wealth thingy completely wrong.

friends1980

legendary

Activity: 1582

Merit: 1059

nutildah-III / NFT2021-04-01

Quote from: Gyrsur on February 07, 2021, 06:38:00 AM

Quote from: serveria.com on February 07, 2021, 05:55:06 AM

Quote from: LFC_Bitcoin on February 07, 2021, 05:21:33 AM

Quote from: JayJuanGee on February 07, 2021, 12:43:16 AM

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit! Grin

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner! Cool

selling BTC for what? Gold? OK (IMO) if you are a bit over invested in BTC. Silver? OK, for our U.S. friends because most of them think silver cannot be confiscated. FIAT? Not OK (IMO) just in case you really need some to buy other things.

Why not selling for FIAT? Why do all the stocks, real estate, land, commodities etc. increase in price? It's not because their value is increasing all the time. But the value of FIAT is decreasing all the time therefore the price of the others in FIAT is increasing. think about it.

Exactly. Same could go for the BTC price though. But that's exactly the point: BTC implementation and circulation are key in the whole story and whatever BTC's value in fiat might be is completely irrelevant. It is however very relevant to get people into investing and 'getting used' to BTC as a regular investment/payment concept.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: serveria.com on February 07, 2021, 05:55:06 AM

Quote from: LFC_Bitcoin on February 07, 2021, 05:21:33 AM

Quote from: JayJuanGee on February 07, 2021, 12:43:16 AM

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit! Grin

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner! Cool

selling BTC for what? Gold? OK (IMO) if you are a bit over invested in BTC. Silver? OK, for our U.S. friends because most of them think silver cannot be confiscated. FIAT? Not OK (IMO) just in case you really need some to buy other things.

Why not selling for FIAT? Why do all the stocks, real estate, land, commodities etc. increase in price? It's not because their value is increasing all the time. But the value of FIAT is decreasing all the time therefore the price of the others in FIAT is increasing. think about it.

friends1980

legendary

Activity: 1582

Merit: 1059

nutildah-III / NFT2021-04-01

Quote from: Indymoney on February 06, 2021, 07:54:23 AM

Quote from: dre1982 on February 06, 2021, 06:58:54 AM

Well its above $40000 already. Didnt checked it for a while and in the meantime it sneaked up. Cool

Its mean now we are going to have another flood of new posts from many newbies. Cheesy

Its mean 21 of your posts of the last 5 days were reported and in the meantime removed. Its mean you're writing a flood of shit.

edit: back on-topic now: what's that fugging ATH waiting for??

serveria.com

legendary

Activity: 2478

Merit: 1220

Privacy Servers. Since 2009.

Quote from: LFC_Bitcoin on February 07, 2021, 05:21:33 AM

Quote from: JayJuanGee on February 07, 2021, 12:43:16 AM

I hope that you are not suffering too much, LFC... with that cold iron fist of yours.

There surely is some value with delayed gratification.. and yeah, there could be a bit of a dilemma for some HODLers regarding the extent to which a wee bit of shaving off could be prudent - and yeah, we don't really feel like a blow off top or anything like that, even though many of us had been thinking that $40k or $50k-ish would be good areas to sell decent amounts of stash.. but many of us are not feeling so inclined in these here days... for some reason.. not feeling like the cycle has run.. and it seems still early.. we are like in the early to mid - 2017s rather than the late 2017s.. so it seems.. and gosh, could we be in the early 2013s so deserving two blow off tops in this cycle with the second blow off top obviously playing out as a 5 to 10x BIGGER one.. ?

I am not going to say.. even though I have some theories that are floating in the decent odds categorizations... feelings... oh oh oh .. feelings...

I finally have a sell strategy, after all these years. I set up a spreadsheet with a sell ladder. I’m not going to go too deep into it but my sells start about $10,000 north from the current price & continue every $5,000 (roughly) until we hit $250,000.

Nothing goes as you plan it perfectly but at least I have a starting point now.

I’d like to continue HODLING at least 25% of my stash long term.

Let’s see how this cycle plays out

I'm still not sure whether I'll start selling at $50k or should I move my sell orders to $75-80 area. So far I'm ready to sell at $50k but it won't last long. I guess I will wait until the end of the month or so. Institutions must try harder to get my coins, dammit! Grin

I also think I will keep some 25%-50% of my stash at least for one more cycle. I will NEVER sell my entire stash and become a nocoiner! Cool

Krubster

sr. member

Activity: 378

Merit: 889

Quote from: Cryptotourist on February 07, 2021, 05:34:51 AM

Nah, she'll do the rapid anus COV test, it's unisex Cool

, insta-results, 100% guaranteed. Only $99.99!

The anal Covid test is for free Cheesy

bitcoinPsycho

legendary

Activity: 2688

Merit: 2470

$120000 in 2024 Confirmed

Quote from: BobLawblaw on February 07, 2021, 05:33:26 AM

This dodge pump is starting to piss me off.

It's distracting, and completely, brainlessly retarded.

Kudos to folk profiting from it, but it just boggles my mind at how fucking idiotic crypto-Twitter is on doge right now.

On the plus side, all roads lead to King Corn, so, I guess that is OK.

I have always held contempt for that juvenile joke shitcoin

Cryptotourist

hero member

Activity: 1204

Merit: 755

Homo Sapiens Bitcoinerthalensis

Quote from: philipma1957 on February 07, 2021, 04:49:09 AM

Next up will be Martha Stewart Grin

Nah, she'll do the rapid anus COV test, it's unisex Cool

, insta-results, 100% guaranteed. Only $99.99!
Order now you sheeple.

[idiocracy.gif]

If you're looking for something cheaper, rumors have it, that digesting semen is also good practice. No, not your own.
Obey. Tongue

BobLawblaw

legendary

Activity: 1869

Merit: 5781

Neighborhood Shenanigans Dispenser

This dodge pump is starting to piss me off.

It's distracting, and completely, brainlessly retarded.

Kudos to folk profiting from it, but it just boggles my mind at how fucking idiotic crypto-Twitter is on doge right now.

On the plus side, all roads lead to King Corn, so, I guess that is OK.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6162. (Read 26711345 times)