Well, I was getting close to %50 with my initial investment and the downwards movement was scary af.
Guess I'm a madman then with my crypto portfolio allocation of +90%.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7759. (Read 26710696 times)
April 29, 2020, 12:14:47 PM
Guess I'm a madman then with my crypto portfolio allocation of +90%.
April 29, 2020, 12:11:20 PM
Anyone else getting weird emails from circle?
is it the new scam?
You have received 0.00056197 BTC from Circle
You have received 0.00069818 BTC from Circle
They look legit in source and links, but while I may have made an account there years back I surely never deposited that I can recall.
is it the new scam?
You have received 0.00056197 BTC from Circle
You have received 0.00069818 BTC from Circle
They look legit in source and links, but while I may have made an account there years back I surely never deposited that I can recall.
I just looked into it, and it appears that they are crediting for BCH and BSV based on whatever BTC balance that you would have had in your account on August 1, 2017... the snapshot time of the BCH forkening.
April 29, 2020, 12:10:52 PM
April 29, 2020, 12:05:09 PM
@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....
I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.
Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...
Cheers and be safe and happy with your decisions
I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.
Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...
Cheers and be safe and happy with your decisions
Obviously It cannot go to zero as long as the network functions but it can go to $3-5k and stay there for a long time if the world economy loses its shit completely. Maybe even $1k.
If it goes back to 5K buy one or two, if it goes back to 3K 2-3 more, 1K 5 more, and you're back to 10BTC for 24K !
April 29, 2020, 12:04:45 PM
@Mindrust
There are still a lot of risks and concerns in the eventful Bitcoin world. That is why the price is so low today. If all your concerns are taken away, Bitcoin would have a way higher valuation and be boring price wise. You can’t have both.
There are still a lot of risks and concerns in the eventful Bitcoin world. That is why the price is so low today. If all your concerns are taken away, Bitcoin would have a way higher valuation and be boring price wise. You can’t have both.
April 29, 2020, 12:01:50 PM
I'll say it again: poor Mindrust. One day he'll become popular like that bitcoin pizza guy by showing up on TV and telling his story of how he sold the bottom at ~$3800?
True, Laszlo's pizza is significant in the history of Bitcoin - but that is a random thing. As opposed to him being the very same guy who coded up the first (known) GPU miner. Which of course is a much more significant accomplishment.
Mindrust is just an unfortunate misguided chump who panic sold.
The difference is Laszlo probably still had many, many bitcoin’s. mindrust sadly became a NOCOINER due to his misguided cowardice.
Mindrust probably made a few $50 purchases. Remember he said $50 per week...
but yeah, he will probably end up panicking again, at some point and buying too many at too high of a price.
Remember that mindrust said that he had learned his lesson during the last bullrun from 2015 to 2017 and that he was NOT going to make the same mistakes again, but when push came to shove, he pretty much dropped back into some kind of similar pattern and into making the same mistakes that he had made previously.
Sure, maybe his mistakes had a bit of a different flavor from the earlier ones , but still ends up being some kind of variations of the same earlier pattern.
Definitely it can be really hard to learn new behaviors when many of us have tendencies to become overly emotional about our investments, and trying to improve on the model and becoming too arrogant with ourselves and not really realizing that we are gambling too much in one direction.. so in that regard, we presume that we are both financially and psychologically prepared, but when push comes to shove, we did not even sufficiently harmonize our investment strategy with our own deficiencies (we all have deficiencies, and probably part of the difficulty is to attempt to best harmonize our investment strategies within those deficiencies so we do not screwing ourselves because we had failed to properly harmonize).
Mindrust is just an unfortunate misguided chump who panic sold.
Maybe.
It looks like that, but just maybe.
Yeah... right...
You should know better than that, Cryptotourist.
It looks like that, but just maybe.
I'm just sad that dude didn't just re-buy and HODL at least 1 BTC. Maybe he did. Who knows.
He didn't.
April 29, 2020, 12:00:50 PM
That's a very good fundamental analysis. The only thing that I would say to this is that you don't really know since you are not in that situation and, hopefully, never would be.
For all current disbelief, almost everyone can be in a "mindrust state" (sorry for the pun) IF the price change is catastrophic. It is somewhat easy to discuss this during a strong rally, but I know myself well.
I could possibly hold to a very low number, but ONLY if I already took profits that cover my initial investment. That part in non-negotiable for me after I essentially lost a large (for me) account during the 2001-2002 crash. Bought some very speculative stocks on a small margin and as these stocks were cratering, I had to sell EVERYTHING so my account had some positive value (and not negative). That was a lesson to NEVER invest more than 20% (usually just 10%) of my portfolio in anything at ALL. 20% is a mechanical rule. I promised myself never to exceed it. In fact, when something does approach 20%, I eventually take profits so invested [$$-profit] approach 10% (or even lower) back from 20%. I do let profits run otherwise, don't care what % of the overall portfolio one item represents aka no rebalancing. The 10-20% rule only refers to the original investment.
I am just reading your post now and you just wrote exactly what I did few posts earlier. (percentage-wise)
Well, I was getting close to %50 with my initial investment and the downwards movement was scary af.
Kinda agreed with your invest %10 normally and %20 if you are greedy rule. I'll probably won't invest more than %10 of my wealth in crypto again and I'll take profits when it reaches %20+.
Right now I am at %1 so I have a long way.
April 29, 2020, 11:57:48 AM
Crazy pumping action today !
April 29, 2020, 11:57:43 AM
We're back in the spotlight, baby!
April 29, 2020, 11:56:31 AM
treehuggers
April 29, 2020, 11:55:21 AM
My eyes hurt from these huge dildos, but probably I am holding it wrong.
April 29, 2020, 11:52:26 AM
re: mindrust
Hodling bitcoin is a deeply personal thing and I dont like telling people what they should or should not do. Each of us need to assign their own value to bitcoin and then manage the risk/reward in their own way.
@mindrust
I dont care for the bashing..whether it earned or not..just want you to know that mindrust. I hope things are going well for your and yours..and I hope that your financial situation is causing you less stress these days. Nothing is worth feeling like that..its really not.
Also I wanted you to know that once you stand at the Wall..you always stand at the Wall. Period.
Hodling bitcoin is a deeply personal thing and I dont like telling people what they should or should not do. Each of us need to assign their own value to bitcoin and then manage the risk/reward in their own way.
@mindrust
I dont care for the bashing..whether it earned or not..just want you to know that mindrust. I hope things are going well for your and yours..and I hope that your financial situation is causing you less stress these days. Nothing is worth feeling like that..its really not.
Also I wanted you to know that once you stand at the Wall..you always stand at the Wall. Period.
April 29, 2020, 11:45:54 AM
$9000 in one hour
April 29, 2020, 11:45:01 AM
/raises eyebrow/
April 29, 2020, 11:44:33 AM
Just crossed 1%/day over last 30 days. Typical bitcoin slow clime would be around 2%/day, so maybe another week before we go parabolic.
April 29, 2020, 11:42:07 AM
Skimmers rekd
April 29, 2020, 11:41:56 AM
How fucked you will feel after this?
The guy had QQ and I had KK33 two pairs in the flop! I knew there is a little chance to have a flash in the flop since there are three diamonds already but how the fuck is going to know that the other guy was just relaying on QQ and called my big bet! Even in the trun I was still in the game and placed bet again. He called again. Still he was relying on only QQ but in the river he got fucking luck and I am out!!!
Fucking luck never been with me in this gambling game. Not in sports bet, not in other casino games and lately in this Poker things too! Fuck poker!!! I am out now. No more corns go out from my wallet from this point except if there are any bitcointalk tourney is out there.
April 29, 2020, 11:41:28 AM
And $8,555
April 29, 2020, 11:36:08 AM
I love Wednesday's
Wednesday fuck. I lost some corn in Poker just 10 minutes ago. Feeling fucked however when I checked preev I feel better now.Observing @ $8,481
April 29, 2020, 11:35:33 AM
Jump to: