Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7955.

Torque

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Quote from: mindrust on March 25, 2020, 11:38:01 AM

Shit man It sucks to be a nocoiner.

I reverted back to where I was 3 years ago. >:[

Right after I started to break my rules I went complete shit with my decisions. Fuck. Starting again.

Hopefully I'll be smarter this time.

Few months ago I was so damn sure that I could ride this to zero because that was when I wasn't overinvested. Right after I overinvest everything went down. Fuck my luck. It should have gone upwards. Fuck.

Well some would tell me that going 95% all-in (been that way since Sept 2013) that I'm overinvested, I'm crazy, I'm a fool, and so on. I saw a 40% drop in my net worth soon after I went "all in". I've also seen many peaks and valleys since then. Am I taking a big risk? Well sure. But risk little, gain little.

But then again had I not gone "all in" back then, I never would have been able to buy a house outright not too long ago, and still have enough left over to basically retire for life. I still do some work on the side to keep the mind active.

As you can see with the recent stock market action, divestiture into other investments doesn't guarantee squat.

Cryptotourist

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Quote from: mindrust on March 25, 2020, 11:58:32 AM

I could ride it to zero before I spent too much cash on it.

That's exactly what I'm saying.
Buy back what you where comfortable with, before you recently over invested.
Now.
Like a big boy.

We'll try to help you forget about the recent events and the position to used to have (lets say 8, now 5).
You can DCA 50 bucks a week after that.
You will thank us later.

Ibian

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Quote from: mindrust on March 25, 2020, 11:48:09 AM

Quote from: LFC_Bitcoin on March 25, 2020, 11:44:40 AM

Quote from: mindrust on March 25, 2020, 11:38:01 AM

Shit man It sucks to be a nocoiner.

I reverted back to where I was 3 years ago. >:[

Right after I started to break my rules I went complete shit with my decisions. Fuck. Starting again.

Hopefully I'll be smarter this time.

Few months ago I was so damn sure that I could ride this to zero because that was when I wasn't overinvested. Right after I overinvest everything went down. Fuck my luck. It should have gone upwards. Fuck.

Are you going to buy back then?

How many bitcoin’s can you afford right now?

I can guarantee you the price will at least double from here in the next 12-18 months. Buy back & sell half of that when the price doubles.

I'd rather DCA. 50 bucks week. Not planning to buyback unless it goes back to $4k which is pretty much impossible. If it goes that low again you can be sure that it won't stop there so... DCA is the way. No dip buying, no big buying. 50 bucks week and that's it.

Even if goes below $4k again, I am not willing to risk more than %10 of my cash this time. I was too careless last time especially in the last months.

Waiting for a double price from here is gambling. I am fucking done with gambling.

Bitcoin is not gambling. It is a very sure formula. The supply is known and limited. The demand is ever-growing. The price can only go up over time. This I saw in december 2013.

Further, enough time has passed for an apparent multi-year pattern to be established. It is the year of the halvening. Following each halvening, the following year the price has exploded. If you would be rich, buy everything you can now, and keep buying for the rest of the year, as much as you can.

mindrust

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Quote from: Cryptotourist on March 25, 2020, 12:04:55 PM

Quote from: JayJuanGee on March 25, 2020, 11:56:18 AM

Quote from: JSRAW on March 25, 2020, 11:52:40 AM

Quote from: mindrust on March 25, 2020, 11:48:09 AM

Not planning to buyback unless it goes back to $4k which is pretty much impossible.

If you are even 50% sure about this scenario then plz buy some and forget about it, if not then Best of luck for your future endeavors.

He has painted himself into a logical corner, and he is not likely to buy back shit, even if BTC prices were to go back to $4,900, it would not be enough for him because he would still be in a loss, and then if prices were to go to $4,500, that would not be enough because it is merely just breaking even for him, and the price could go lower..., and if the prices were to go to $4k, then he would not buy back either because it is too close to $3,850 which means that the price could go lower... etc etc..

JJG, he wouldn't buy back, even if it went to $1k.

I would buy 10 coins for $10k tbh. That would be perfect. Cool

Cryptotourist

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Quote from: JayJuanGee on March 25, 2020, 11:56:18 AM

Quote from: JSRAW on March 25, 2020, 11:52:40 AM

Quote from: mindrust on March 25, 2020, 11:48:09 AM

Not planning to buyback unless it goes back to $4k which is pretty much impossible.

If you are even 50% sure about this scenario then plz buy some and forget about it, if not then Best of luck for your future endeavors.

He has painted himself into a logical corner, and he is not likely to buy back shit, even if BTC prices were to go back to $4,900, it would not be enough for him because he would still be in a loss, and then if prices were to go to $4,500, that would not be enough because it is merely just breaking even for him, and the price could go lower..., and if the prices were to go to $4k, then he would not buy back either because it is too close to $3,850 which means that the price could go lower... etc etc..

JJG, he wouldn't buy back, even if it went to $1k.

Wekkel

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Man's obsession with the Beast is overdone:

Wekkel

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Quote from: Biodom on March 25, 2020, 11:45:58 AM

Interesting opinion, although maybe not popular if applied here.

https://twitter.com/KeithMcCullough/status/1242540586042826760

Quote

What carries people out during crashes is getting longer on the bounces

Maybe btc is different. Overall market-who knows. Market declined in 2008 after stimulus, even chances this time (due to kitchen sink approach)

Its not the FED stimulus that counts (its just filling a hole, avoiding bankruptcy/liquidity problems), but the things that go directly into the mainstream economy. A 2 Trillion government package helps. But there is still too much uncertainty on how much damage and how long Corona will cause/last. I expect this to be more clear within 3 weeks. If Corona turns out to have been a fluke and damage will be limited in the end, we can expect soaring markets. If the damage appears to be extensive, I expect markets to be choppy at best and going into full depression at worst.

mindrust

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Quote from: JayJuanGee on March 25, 2020, 11:56:18 AM

Quote from: JSRAW on March 25, 2020, 11:52:40 AM

Quote from: mindrust on March 25, 2020, 11:48:09 AM

Not planning to buyback unless it goes back to $4k which is pretty much impossible.

If you are even 50% sure about this scenario then plz buy some and forget about it, if not then Best of luck for your future endeavors.

He has painted himself into a logical corner, and he is not likely to buy back shit, even if BTC prices were to go back to $4,900, it would not be enough for him because he would still be in a loss, and then if prices were to go to $4,500, that would not be enough because it is merely just breaking even for him, and the price could go lower..., and if the prices were to go to $4k, then he would not buy back either because it is too close to $3,850 which means that the price could go lower... etc etc..

Yep. You got the picture. That's why I am only DCA'ing. I just erased my past bad memory. Starting from 2017 in 2020 again. Cheesy

Quote from: Cryptotourist on March 25, 2020, 11:58:14 AM

Quote from: mindrust on March 25, 2020, 11:48:09 AM

I'd rather DCA. 50 bucks week. Not planning to buyback unless it goes back to $4k which is pretty much impossible. If it goes that low again you can be sure that it won't stop there so... DCA is the way. No dip buying, no big buying. 50 bucks week and that's it.

Even if goes below $4k again, I am not willing to risk more than %10 of my cash this time. I was too careless last time especially in the last months.

Waiting for a double price from here is gambling. I am fucking done with gambling.

Honestly after all whats said and done, if I had you in front of me, I would bitch slap you till you bought at least 50% of your coins back, i.e. 5, at these prices.
You did say you would ride it to zero, so fucking ride it to zero.

How can you keep on doing it wrong man?

I could ride it to zero before I spent too much cash on it. I was DCA'ing happily. 1 to gold, 2 to cash, 1 to btc. In time BTC started to go up and up and up and lately It was all btc and 0 to gold, 0 to cash. (then my saved cash started to go to btc too) That was a mistake.

Cryptotourist

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Quote from: mindrust on March 25, 2020, 11:48:09 AM

I'd rather DCA. 50 bucks week. Not planning to buyback unless it goes back to $4k which is pretty much impossible. If it goes that low again you can be sure that it won't stop there so... DCA is the way. No dip buying, no big buying. 50 bucks week and that's it.

Even if goes below $4k again, I am not willing to risk more than %10 of my cash this time. I was too careless last time especially in the last months.

Waiting for a double price from here is gambling. I am fucking done with gambling.

Honestly after all whats said and done, if I had you in front of me, I would bitch slap you till you bought at least 50% of your coins back, i.e. 5, at these prices.
You did say you would ride it to zero, so fucking ride it to zero.

How can you keep on doing it wrong man?

JayJuanGee

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Quote from: JSRAW on March 25, 2020, 11:52:40 AM

Quote from: mindrust on March 25, 2020, 11:48:09 AM

Not planning to buyback unless it goes back to $4k which is pretty much impossible.

If you are even 50% sure about this scenario then plz buy some and forget about it, if not then Best of luck for your future endeavors.

He has painted himself into a logical corner, and he is not likely to buy back shit, even if BTC prices were to go back to $4,900, it would not be enough for him because he would still be in a loss, and then if prices were to go to $4,500, that would not be enough because it is merely just breaking even for him, and the price could go lower..., and if the prices were to go to $4k, then he would not buy back either because it is too close to $3,850 which means that the price could go lower... etc etc..

mindrust

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Quote from: JSRAW on March 25, 2020, 11:52:40 AM

Quote from: mindrust on March 25, 2020, 11:48:09 AM

Not planning to buyback unless it goes back to $4k which is pretty much impossible.

If you are even 50% sure about this scenario then plz buy some and forget about it, if not then Best of luck for your future endeavors.

I had a great system. I wasn't making big but it was adding up in time. The moment I started to throw big bucks like $5k+ I lost control. I wasn't buying the dip anymore.

When it comes to bitcoin, I can't be sure about anything.

That's why I am overly conservative this time. DCA only.

Current situation is fucked up too. Everything can go down instantly tomorrow. I am hodling most of my cash in bank and even that's not safe.

JSRAW

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Quote from: mindrust on March 25, 2020, 11:48:09 AM

Not planning to buyback unless it goes back to $4k which is pretty much impossible.

If you are even 50% sure about this scenario then plz buy some and forget about it, if not then Best of luck for your future endeavors.

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: mindrust on March 25, 2020, 11:44:33 AM

Quote from: JayJuanGee on March 25, 2020, 11:41:31 AM

Even more difficult to get a lesson out of a bad situation, if you don't seem to be learning nuttin (or at least hardly nuttin).

I learned to not overinvest*. That's the most important lesson for me.

*That applies to everything and every asset. Stay mostly cash, don't invest more than you could afford to lose. If you can sleep tight at night, you are doing it right. I couldn't sleep that night.

I am not trying to be overly critical of you on a personal level because I understand that each person has to learn at their own rate. I also understand that I likely come off as overly critical.

In any event, I do appreciate that you are willing to share information, and I appreciate that you believe that you may have learned some things from the whole situation, including NOT overly investing..

And, sure, maybe you can only learn one thing at a time, and that is fair to a certain extent.

mindrust

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Quote from: LFC_Bitcoin on March 25, 2020, 11:44:40 AM

Quote from: mindrust on March 25, 2020, 11:38:01 AM

Shit man It sucks to be a nocoiner.

I reverted back to where I was 3 years ago. >:[

Right after I started to break my rules I went complete shit with my decisions. Fuck. Starting again.

Hopefully I'll be smarter this time.

Few months ago I was so damn sure that I could ride this to zero because that was when I wasn't overinvested. Right after I overinvest everything went down. Fuck my luck. It should have gone upwards. Fuck.

Are you going to buy back then?

How many bitcoin’s can you afford right now?

I can guarantee you the price will at least double from here in the next 12-18 months. Buy back & sell half of that when the price doubles.

I'd rather DCA. 50 bucks week. Not planning to buyback unless it goes back to $4k which is pretty much impossible. If it goes that low again you can be sure that it won't stop there so... DCA is the way. No dip buying, no big buying. 50 bucks week and that's it.

Even if goes below $4k again, I am not willing to risk more than %10 of my cash this time. I was too careless last time especially in the last months.

Waiting for a double price from here is gambling. I am fucking done with gambling.

Biodom

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Interesting opinion, although maybe not popular if applied here.

https://twitter.com/KeithMcCullough/status/1242540586042826760

Quote

What carries people out during crashes is getting longer on the bounces

Maybe btc is different. Overall market-who knows. Market declined in 2008 after stimulus, even chances this time (due to kitchen sink approach)

LFC_Bitcoin

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#1 VIP Crypto Casino

Quote from: mindrust on March 25, 2020, 11:38:01 AM

Shit man It sucks to be a nocoiner.

I reverted back to where I was 3 years ago. >:[

Right after I started to break my rules I went complete shit with my decisions. Fuck. Starting again.

Hopefully I'll be smarter this time.

Few months ago I was so damn sure that I could ride this to zero because that was when I wasn't overinvested. Right after I overinvest everything went down. Fuck my luck. It should have gone upwards. Fuck.

Are you going to buy back then?

How many bitcoin’s can you afford right now?

I can guarantee you the price will at least double from here in the next 12-18 months. Buy back & sell half of that when the price doubles.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: JayJuanGee on March 25, 2020, 11:41:31 AM

Even more difficult to get a lesson out of a bad situation, if you don't seem to be learning nuttin (or at least hardly nuttin).

I learned to not overinvest*. That's the most important lesson for me.

*That applies to everything and every asset. Stay mostly cash, don't invest more than you could afford to lose. If you can sleep tight at night, you are doing it right. I couldn't sleep that night.

JayJuanGee

legendary

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Merit: 11405

Self-Custody is a right. Say no to"Non-custodial"

Quote from: mindrust on March 25, 2020, 11:38:01 AM

Shit man It sucks to be a nocoiner.

I reverted back to where I was 3 years ago. >:[

Right after I started to break my rules I went complete shit with my decisions. Fuck. Starting again.

Hopefully I'll be smarter this time.

Few months ago I was so damn sure that I could ride this to zero because that was when I wasn't overinvested. Right after I overinvest everything went down. Fuck my luck. It should have gone upwards. Fuck.

Does not sound like luck to me.

Quote from: bitcoinPsycho on March 25, 2020, 11:39:57 AM

Quote from: mindrust on March 25, 2020, 11:38:01 AM

Shit man It sucks to be a nocoiner.

I reverted back to where I was 3 years ago. >:[

Right after I started to break my rules I went complete shit with my decisions. Fuck. Starting again.

Hopefully I'll be smarter this time.

The best lessons are the hardest ones

Even more difficult to get a lesson out of a bad situation, if you don't seem to be learning nuttin (or at least hardly nuttin).

bitcoinPsycho

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$120000 in 2024 Confirmed

Quote from: mindrust on March 25, 2020, 11:38:01 AM

Shit man It sucks to be a nocoiner.

I reverted back to where I was 3 years ago. >:[

Right after I started to break my rules I went complete shit with my decisions. Fuck. Starting again.

Hopefully I'll be smarter this time.

The best lessons are the hardest ones

mindrust

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Activity: 3276

Merit: 2442

Shit man It sucks to be a nocoiner.

I reverted back to where I was 3 years ago. >:[

Right after I started to break my rules I went complete shit with my decisions. Fuck. Starting again.

Hopefully I'll be smarter this time.

Few months ago I was so damn sure that I could ride this to zero because that was when I wasn't overinvested. Right after I overinvest everything went down. Fuck my luck. It should have gone upwards. Fuck.

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