Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8077. (Read 26713739 times)

Simple: Put in an amount consistent with “what you can afford to lose”.  Then “if” it goes down to $1k (which I think is very unlikely), or even if “the motherfucker” goes to zero (!), put on your strong face and endure the pain—safe in the knowledge that you didn’t just lose your shirt.

If that amount is not greater than or equal to 0.00000001 BTC, then why are you even involved in Bitcoin!?

For me, that amount is equal to “all the long-term monetary savings that I have”.  But that is because I am—well, I am me.  I have endured physical hardship for my principles.  Losing my life savings would be very painful; but as I have said repeatedly, if hypothetically Bitcoin were to totally fail, then I would be much more worried about losing what may be our last historical chance for freedom-money.


Paging Jay, I think that mindrust needs some n00b-level generalized investing tips about risk management and not being “muh mental health!” tier weak hands.

I am not even a financial investor, and I know that much.  [Edit:  Jay posted while I was writing this post.  Just hammered through.  Go read what he said. ++Jay]

mindrust, what if Tesla goes to zero?  Or the goddamn dollar goes to zero?  Where is your risk management there?


I know that Jay is going hard on you lately, but daaaamn, you need it.

Actually, not only generalized investment advice:  Generalized life wisdom.


An inexorable, inviolable law of the universe in which we live:

Only the dead are safe.

you are way the fuck too relying on the down movement scenario, for some strange reason.. even after so much time in this thread...

So, even if you give some credence to the possibilities like diptwats Brandt and Masterluc, you just attempt to prepare for that by having enough dollars in your stash that you do not run out of dollars, in the event that they were to get lucky with their outrageous downward nonsense and it actually ends up coming true...

Of course, even if you had hung onto your 10BTC, you could have just held through the vast majority of this, and maybe ended up selling some on each pump... and maybe by this point, you could have sold 1-2 BTC because you were preparing for down, but you would still have 8BTC... or some other quasi-reasonable and information based approach... rather than complete throwing darts at the wall and then doubling down from the earlier mistake(s).

I am NOT really writing this post just for you, mindrust.  There are other members who need to attempt to consider the value of moderation and not to make mistakes in terms of the mindrust meltdown.

Very interesting. It's not just chloroquine, it is chloroquine PLUS azithromycin.
Both are already approved medications. Azithromycin is approved for bronchitis (and all Streptococcus infections), chloroquine-for arthritis and malaria.
HOWEVER, for what they are approved does not really matter. Doctors can prescribed approved medications for NEW cases at will as long as there is evidence to support it.
This is not targeted medicine, but it also does not matter as long as it works, slows down the virus to give you two-three critical weeks to develop your own antibodies.
EDIT: in addition, azithromycin is apparently effective by itself against some viruses, such as Zika and Ebola, so it is not surprising that effect is SYNERGISTIC.

interactive no less       freakin epic..lol

+1 WOsMerit





Almost uncontrollable urge to have this tattooed on a body part. It might pass..

Maybe I can convince the Goose to do it...and live vicariously..

+1 WOsMerit


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Snap. Out. Of. It.

LOL, Doomcallers.  

Where are you now?

https://twitter.com/charliekirk11/status/1240449295116931072

BREAKING:

A peer-reviewed study shows that 100% of patients, after 6 days of taking a Malaria drug were "virologically" cured

This is, reportedly, the 2nd 100% cure to a virus that has ever existed"

This is the paper. Virus gone in 6 days. Holy Bull Run.  

https://drive.google.com/file/d/186Bel9RqfsmEx55FDum4xY_IlWSHnGbj/view


https://www.forbes.com/sites/lisettevoytko/2020/03/19/trump-says-fda-approved-anti-malaria-drug-chloroquine-to-test-as-coronavirus-treatment/#2412ffcc303d

Trump strong armed past the FDA's push back on approval and got FDA to fully approve this for treatment.

Its over boyz. Was a fun ride. Dont expect doom callers to apologize for scaring you out of your precious. Mindrust, I hope you buy back in. Its never a bad time to invest.

What if it goes down to $1k like Peter Brandt says.   I can't take that.

I decided that carrying that much wealth in btc is not good my mental health. It is far too volatile.

I have no idea where to park my money though.

USD is doing a super nova. EUR is going down as it should. Gold is not practical. BTC has a Tether issue. (and far too volatile)

No idea.

I suppose that is an object lesson about emotional decision-making, generally. :-/

Edit:  P.S., see edit of my prior post.  (Damn, this thread moves fast.)

So you sold 10BTC at roughly $4400, you have at least $40,000. Buy 5BTC back & throw the rest into stocks & in a couple of years all will be good for you.

It was 4:00 AM. I was emotional.

+1

A sell all order!?  If there is money there that you really cannot afford to lose, it may be rational to hedge sometimes.  But close out your whole position!?

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Edit:


I know.  I am just joking around.  It is my way of coping with the discovery that a totally die-hard Bitcoin defender sold every last satoshi on the belief that it was all about to go to zero.

At the beginning of this year I had 8 btc. My original plan was reaching 10 btc at the END of this year.

But buying the dip and buying another dip, I found myself at 10btc very fast. (Those buys were when btc was above 6.8k-7k.

Going down to 4k right after those buys wasn't easy. Combining it with CV and my other bearish feelings that I tried to suppress for a long time, It triggered a sell order. Maybe I am just looking for excuses for my stupidity. I don't know.

I'll just stick to my new plan now.

*I wish nullius was right. No. This is not a story. I am really that retard who sold the bottom.

“9/11” was the best opportunity for wealthy New Yorkers (or Pentagon insiders) to vanish.  No bodies!  Any questions would be unpatriotic and offensive to family left behind!  Of course, opportunity favours the prepared; and that opportunity happened to favour wealthy, very shrewd people with overseas assets that may already have inadvertently slipped through the cracks and gotten lost.  Whoops!  The perfect storm of tragedies!  —Déjà vu:  I idly speculated on this with a personal associate, sometime before evening on 2001-09-11.  Neither of us were so foolish as to infer any connection between the people who perpetrated the attack, and anybody who may have conveniently exploited it for their own purposes.  Opportunity does favour the prepared!

As a separate but related issue, if I understand correctly, the Tragic Boating Accident pandemic started with the gun owners.  Of course, I expect that it should be contagious to goldbugs.


Funny memes aside, of course, I do not think that this would actually work in reality—unless your accident was well-documented, and occurred significantly in advance of any seizures.  With firearms, that probably also invokes a problem that you could get in big trouble for being caught currently in possession of an item with a serial number, which was legal before you proved that you lost it (and from which it is highly illegal to remove the serial number).  Gold is more fungible than guns are; and if you store only some of it in your boat, it may be difficult to tell which part is which.  Ammo is also fungible—and also has the ancillary benefit of being consumable.  Do you go shooting an awful lot?

I do hear that the plague of tragic boating accidents has made marine wildlife peculiarly dangerous.  PSA:  Be careful with the boat that you logically use to store your guns, ammo, gold, and also the only backups of your Bitcoin wallet!^*  Think of the environment!

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* Invokes the problem of blockchain analysis.  Be careful.

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I am in a peculiarly poor state of general health (not irrelevant to 20-month absence).  And with limited supplies of food and other critical items.  Things do not look good.

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Damn, this thread moves fast.  Edit before posting:


Too bad that mindrust had a tragic mental malfunction of the “totally WTF” calibre.  (← Edit after posting:  Worthy of its own meme graphic.  Hmmm.)  The silver lining is that he can report to the Turkish tax/doxing authorities with iron-clad documentation that he sold at the bottom, and now he just does stocks. ;-)

Zero?

I will also support the notion that - even now - you need to buy something back.
Else you're going to regret this, exponentially more.

You still have a chance.



Indeed.
We now have the "mindrust maneuver", soon to be taught in schools world wide.

We do not need to feel sorry for mindrust.. He is showing that he is too much inclined towards betting on down.

Of course, we should be pouring one out... though...   while making sure that we get our own, too....






sad.. for sure... 

My shitposting didn't go to a waste.

I had my fun. (and donated you all whales a handsome $2k from my own pocket) I believe I will keep doing so. (no more donating, only fun) Its just... I thought the motherfucker was going to zero. Fuck.

*I already made a chain of mistakes, I'll do another It won't hurt xd

I heard stocks are cheap right now. Time to buy TESLA?

I wish the best for you, mindrust. You’re a good guy, I think you’re making a mistake not buying back in though. If it drops below $5,000 again please buy back, even fucking 1BTC & hold it until retirement.

Don’t let all the years on here shitposting with us go to waste

I'll be honest this pump still doesn't feel real to me. Yes I am sorry. Yes I fucked it up but that's how I feel.

I wonder how long this Tether/Finex game will last.

That's my main concern with btc now. Other than shitcoins. (not btc itself)