Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8147. (Read 26711854 times)

Actually the WHO just announced pets are not a risk for passing on COVID-19.

So, it's true:  WHO let the dogs out.

using limit order make it happens. So if anyone want to buy in $3k than using limit order & stop-loss for margin trading will be the best way. Also bitcoin cross the 200 Moving average line , so anything can be possible. 

Two strains were identified so far. Science shit. Both were found in Italy.
https://www.telegraph.co.uk/science/2020/03/04/coronavirus-has-mutated-aggressive-disease-say-scientists/

There even was a profile available on the net, i saw it on my smartphone, so i don't have the link (private browsing always on).
Good news is that a vaccine will most likely be effective against both and also most strain mutations.

"That's how markets move" LMAO
You should be a little bit more humble IMO if you don't want to get rekt...
That's how markets move frequently... That's how markets move most of the times, you mean  

Ridiculous.. bitcoin has not even come close to maturing.   




The bull case is that your seemingly wishful-thinking presumptions are ridiculous...   

The fact is that italians are dying by the double digit percentages. There are different strains, and no telling what will happen going forward.

Solar flare?

https://youtu.be/UG7zLhEWanc

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All good, no worries, just for the lulz.

This is fine.

HoDL.

That's the best thing for the long-term timeframe. But when you are a leverage/margin trader, it's very painful.

  Always , we have to remember that everything is unpredictable in the crypto-currency ecosystem. 

Don't worry about that because there are so many whales who will definitely try to push the price of bitcoin. As none want to lose their profits making systems. 

make sure , you make a note of this .Because i am sure , you will definitely say in future that hodl is the best way in this current correction time.

Some altcoin believers think that altcoin will cross bitcoin. But those don't know that most the altcoins depend on bitcoin price movement and price stabilization. That's why those create jokes of bitcoin's price dump to show that altcoin will pump. 

probably part of the reason that you do not have money to invest on your ideas is because they are dumb.

Furthermore, you seem to be selectively treating bitcoin as if it were some kind of abstract asset, and it is not.. we have convincing price prediction models that are likely to blow your dumb theories to shame... so good luck with that.. and I hope that you, at least, have stocked away enough money to pay LFC. which you are likely going to need to do long before the deadline of your December 2021 bet ending date.

If it fails , yes, very much so. The bounce velocity mirrors the fall, its just a retrace before more downside. That's how markets move.

Of course, no two situations are exactly alike, but we have had similar kinds of dramatic price overshoots and impending doom scenarios.

So, yeah, you cannot be blowing your whole wadd and going completely in at a whole bunch of times and then you end up running out of money...

yeah, I am no fucking saint either.  Sure, I had buy orders going down to $3k.. but still, we were almost to the point that I was running out of money and then I need to think about adjusting matters too.

Furthermore, I already told the story from November 2018, I had a whole fucking bunch of bills  coming due from some business ventures that I had entered into.. and they were a lot, and I thought that I had enough cash to cover everything.. but then when push came to shove, I had to liquidate some of my BTC at around $4k in order to make sure that I did not use up ever fucking penny of my cash stash... and what if BTC prices went down more, I needed to be prepared... so yeah.. I made similar mistakes of running out of cash and budgeting wrong and not completely having all my expenses covered.

Surely takes planning to both DCA and to buy on dips, and even though you are buying on dips, you still need to attempt to stay within a budget that does not overextend your finances.

Hopefully, you figure out a meaningful way to get to some comfortable position, and for sure, you should be able to get to a position where you can sleep comfortably at night and you do not get too upset if you are not able to look at the BTC price for an extended period of time... however, yeah, when the BTC price moves by a shitload, sometimes we can feel a kind of need to look at what is going on, especially if we have outstanding orders that we are attempting to manage.. and yeah, if our net wealth goes down 50% in a short period of time, many of us will become a bit worried about those kinds of dynamics (both in terms of finances and psychology).

+2k(ie +40%) in 1-2months is a bear case?  

Back up 15% from the bottom (Bitcoinwisdom). Noice!

Right. I think I need to get really drunk today.

Hopefully yes.

The correlation of this move with other assets looks omninous, but it is early days, and this market turmoil may have another chapter coming up.

Only thing to do is wait for the smoke to clear and then take a look in the rear-view mirror.

Sure, since we use stamp in these here parts, so far the low had gone down to $3,850 on stamp.  Hopefully that is the bottom.  Maybe it was at or below $3,900 for less than 15 minutes in total... but still.. technically we have seen lower than $3,900 prices after March of 2019.... hopefully, that is it, but you know that we really cannot really know, and better if we could just return to $10k and forget about these piddly 4 digit numbers.



Good that you have more will power than the rest of us, and surely can be helpful to have some RL distractions, too.



Volatility of both up and down are inevitable, but if we could go up from here, then it will make the next down feel less traumatic.  We could put in a request to bitcoin, and find out later if our request gets filled.

Nobody else thinks we are part of a religion.

Solid arguments.

I never doubted Bitcoin.

Global recession and my latest panic buys fucked with my state of mind.

When everything gets resolved it may go back to 9k in no time.

Bitcoin is still Bitcoin. Nothing that makes it a valuable experiment has changed. Perhaps speculators got bit but that’s all part of the (speculation) game. If speculation would be Bitcoin’s purpose, the smash down would be bad. But Bitcoin’s game is totally something else (yes, it really is).

To me, the smash down may lengthen the path but does not hurt the experiment. Especially if the COV19 crisis leads to another round of again more crazy monetary experiments.

So nothing has changed, and the entry price just got lowered.