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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7957. (Read 26634095 times)

legendary
Activity: 3122
Merit: 1538
yes
Man's obsession with the Beast is overdone:

legendary
Activity: 3122
Merit: 1538
yes
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.
legendary
Activity: 3276
Merit: 2442
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

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.
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
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?
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
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..
legendary
Activity: 3276
Merit: 2442
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.
legendary
Activity: 2184
Merit: 1540
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.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"

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.
legendary
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.

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.
legendary
Activity: 3892
Merit: 4331
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)
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
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.
legendary
Activity: 3276
Merit: 2442

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.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
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.

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).
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
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
legendary
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.
legendary
Activity: 2184
Merit: 1540
Market Cap of Bitcoin in 2025 - Trillion -??

The trouble is that when that happens we wont want $ anymore.
Wait, what am I saying? We dont want filthy FIAT now.
Go Bitcoin Go

Okay....  Sad Cry Sad Grin
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
he said he knew how to access the coins but didn't have time to do it himself

true as far as it goes, as none of us have infinite time

You are MOAR morbid than usual, recently...

Are you trying to tell us something?

At least, do you have reasonable odds of making it for at least two more halvenings?    maybe you might want to start spending some of your BTC soonertm rather than later?

Gotta try to enjoy some of our wealth (if possible) while we still have some health and energies.

Further, I would be disappointed to find out that you would be leaving your BTC stash to some "undeserving" heirs, especially if you still have an opportunity to exhaust those reserves yourself and upon yourself.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Who gets outta bed for less than a hundred big ones these days?

depends

with the latest unrest, i might do it just out of boredom.. will it take 1 click or 2 clicks of the mouse?
hero member
Activity: 786
Merit: 857
Market Cap of Bitcoin in 2025 - Trillion -??

The trouble is that when that happens we wont want $ anymore.
Wait, what am I saying? We dont want filthy FIAT now.
Go Bitcoin Go
legendary
Activity: 1624
Merit: 4417
Top-tier crypto casino and sportsbook
Looks like our bad boy Putin is also fighting Covid-19. Protecion LVL 1000!!11



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