Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9881. (Read 26609924 times)

legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Monday (UTC) decision time

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
ladder style

I won't be able to mention ladders (in the JJG/Jbreher sense) without secretly or openly laughing at the memory of Globb0's words - brainwashed ladder drone. Which reminds me, I really owe an sMerit there, and now I have one, so I'll comply.

I don't recall the significance of such a comment.  Maybe I missed it?

Here it is. Oops, I'm laughing again.

By the way, I checked in with my mom in regards to some of her BTC details a few days ago, and I was surprised in a few regards.

She is actually one of the few peeps who actually did something that is in the neighborhood of what I suggested, and that was to at least put some money into BTC and to dollar cost average and to only sell small amounts on the way up in order to be prepared for further possible UP.

So, she largely has been following my suggestions, but her revelations to me a few days ago, showed me that peeps are going to do what they are going to do, and peeps got their own minds and they are going to experiment to some degree.  

-snip-


You brainwashed your mum!

Fuck. She will be rich but she can never enjoy it now she is a ladder drone.   Cheesy
Cheesy Cheesy Cheesy

Ok... I guess I did see that one, and it seems that I was not as struck by it's humor, as you.  Go figure.

For a bit of a factual clarification (and I hope that I don't ruin any significance of the joke for you), in essence, even though I got my mom to invest into BTC, and she takes some of my suggestions, she really has been employing variations of my methodology that gravitates a whole hell of a lot more towards HODLing.. and playing around with a few shit coins, here and there, in order to "entertain" herself.

So, I really don't consider her to be following my lead very much beyond the initial choice to get into bitcoin and then to hold through a few of the downward bad periods.... which may have even caused her to be way more profitable in terms of percentage that she profited from what she had put in.

In the end, whatever she is doing is working for her, and from time to time, she does ask me some questions and seems to account for what I am suggesting to be good strategies....

Oh, with regard to laddering specifically in a way that I employ it, I think that she tried some variation of such laddering in 2015 (and maybe even extending into 2016), and sometime in 2016, she told me that she was abandoning a laddering kind of an approach because it was not working for her.



I never really sold any btc, except for the occasional, insignificant, small expense. I've always replaced the spent corn asap, and often at a lower price too  Cool Which means I'm basically still in DCA accumulation phase, albeit with irregular frequency, when there is excess fiat that begs promotion to 'real money' status (btc).

I think that it is good to kind of know where you are at, and it also seems that at a certain point, more emotion gets taken out of the feeling of a need to have to accumulate more BTC, like when you largely feel that you have enough... though you likely won't complain if you are able to accumulate more, but you are not really so anxious about a kind of feeling that you need to accumulate more in order to feel comfortable with your overall balancing.

Your ladder concept, however, works very well for me in trading atm. I just extended the concept so I have 2 parallel ladders, one going up (long) and one going down (short). I do tweak a lot, especially to get out of trouble during stormy weather, so I often cut both ladders when I'm in the green and I feel the exposition is making me sweat too much.

I get the sense that you have a decent grasp of what you are doing to prepare for either price direction, so I am glad that you attempt to share some of these concepts, and there are likely some folks who would prefer to employ some variation of an approach that is closer to yours than to mine.. because I am just a bit reluctant, if not hostile to employing shorts, whereby you seem to have found decently prudent ways to make them work to hedge your BTC price direction bets.

Now is such a time. I would be happy to be left with only the long open, but I would like a much lower entry point, so I'm still dancing on two ladders until the corn either makes my long side shine (I'll happily close both ladders, possibly after enlarging the short to match the long) or takes a small nosedive (I'll cash out the short and increase the long a bit, averaging down).

Yep... exactly... she could go in either direction and has been teasing quite a bit in recent days regarding which way she is going to go...

In that regard, from about early December to late March, we seemed to have had experienced a decent amount of boredom, with price swings staying within a pretty small range, but in recent weeks, our BTC price swings have been quite stupendous and interesting and surely good for traders to have opportunities that come more forcefully through periods of decently high levels of volatility.   Surely our BTC volatility could settle down in the coming months, but there is no real way to figure out whether it will settle down and/or for how long, if it were to.
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...I just extended the concept so I have 2 parallel ladders, one going up (long) and one going down (short)...

It's a very interesting strategy. Just to be sure you have two parallel ladders, but only one open at a time?

...I often cut both ladders when I'm in the green and I feel the exposition is making me sweat too much...

Exactly, I would rather cash out and wait patiently for another best entry point, when BTC is crashing, especially when there are a lot of signs, before each deep.
These crashes are not so uncommon as in 2017. One didn't know what to expect. This is such a different filling to watch the price going down with margin position open  Wink.

Hodling in such a moment could be a pain and always was for me, so this year I try a different approach and sell, just like you, to not sweat too much when there is 30% pullback.
I just don't see any sense to HODL (my full position), especially if I am watching the price very closely, each day from years and see the crash coming.
In 2017 I would HODL and this year I sell 70% on the top and open a margin position.

Don't get me started on children.
The price of Bitcoin went up quite a bit then down a bit.
We’ve been mini barting for about 4-5 hours now. I saw it at $11,735 earlier. Pretty sure I saw $11,1xx this morning too.

Looks like the price will soon close the trend triangle. There will be only two scenarios, we will break up or down.
I still hope it will be up, but if bulls will be not strong enough in 4 to 8 hours all indicators, turn again bearish and indeed there can be a flash crash, again.
We need more volume (above 30 billion for faster, stronger moves) or more buyers. The 4hours chart and daily, still looks good and strong. Let's hope the pump will come.

legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Those transgender freaks are absolutely disgusting. (both)

If you want milfs check this one (43 yo), my favorite:


https://www.imdb.com/name/nm1183509/?ref_=nmbio_bio_nm
Man! If she looks really like this in real life then I would not mind with this older lady 🤪
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
Those transgender freaks are absolutely disgusting. (both)

If you want milfs check this one (43 yo), my favorite:


https://www.imdb.com/name/nm1183509/?ref_=nmbio_bio_nm

Boobjob looks cheap tho  Grin
full member
Activity: 480
Merit: 129
HODL
I think I found myself a new uniform to work in the garden.

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Don't get me started on children.
The price of Bitcoin went up quite a bit then down a bit.

We’ve been mini barting for about 4-5 hours now. I saw it at $11,735 earlier. Pretty sure I saw $11,1xx this morning too.
legendary
Activity: 3276
Merit: 2442
Those transgender freaks are absolutely disgusting. (both)

If you want milfs check this one (43 yo), my favorite:


https://www.imdb.com/name/nm1183509/?ref_=nmbio_bio_nm

And a good example for plastic surgery and/or photoshopped portrait pics  Grin
But sex is preserving the beauty, they say.
I can second that, because after four kids with the same woman, sex becomes pretty rare, and that was when i started to look older faster (and the misses too)... Roll Eyes

She is still making clips bruh. (mostly mommy movies Grin) She still has it. I don't wanna post links here.
legendary
Activity: 1652
Merit: 4393
Be a bank
Don't get me started on children.
The price of Bitcoin went up quite a bit then down a bit.
legendary
Activity: 2520
Merit: 3038
I like fake tits, botox, lip fillers & stuff like that.

ewwwww

Ewwww indeed!

Those transgender freaks are absolutely disgusting. (both)

If you want milfs check this one (43 yo), my favorite:


https://www.imdb.com/name/nm1183509/?ref_=nmbio_bio_nm
I did say I can be flexible about age, didn't I?  Smiley

But sex is preserving the beauty, they say.
I can second that, because after four kids with the same woman, sex becomes pretty rare, and that was when i started to look older faster (and the misses too)... Roll Eyes
It doesn't even take four children. One will often do. Even if it isn't mine.
legendary
Activity: 2520
Merit: 3038
ladder style

I won't be able to mention ladders (in the JJG/Jbreher sense) without secretly or openly laughing at the memory of Globb0's words - brainwashed ladder drone. Which reminds me, I really owe an sMerit there, and now I have one, so I'll comply.

I don't recall the significance of such a comment.  Maybe I missed it?

Here it is. Oops, I'm laughing again.

By the way, I checked in with my mom in regards to some of her BTC details a few days ago, and I was surprised in a few regards.

She is actually one of the few peeps who actually did something that is in the neighborhood of what I suggested, and that was to at least put some money into BTC and to dollar cost average and to only sell small amounts on the way up in order to be prepared for further possible UP.

So, she largely has been following my suggestions, but her revelations to me a few days ago, showed me that peeps are going to do what they are going to do, and peeps got their own minds and they are going to experiment to some degree.  

-snip-


You brainwashed your mum!

Fuck. She will be rich but she can never enjoy it now she is a ladder drone.   Cheesy
Cheesy Cheesy Cheesy

I never really sold any btc, except for the occasional, insignificant, small expense. I've always replaced the spent corn asap, and often at a lower price too  Cool Which means I'm basically still in DCA accumulation phase, albeit with irregular frequency, when there is excess fiat that begs promotion to 'real money' status (btc).

Your ladder concept, however, works very well for me in trading atm. I just extended the concept so I have 2 parallel ladders, one going up (long) and one going down (short). I do tweak a lot, especially to get out of trouble during stormy weather, so I often cut both ladders when I'm in the green and I feel the exposition is making me sweat too much.

Now is such a time. I would be happy to be left flat or with only the long open, but I would like a much lower entry point, so I'm still dancing on two ladders until the corn either makes my long side shine (I'll happily close both ladders, possibly after enlarging the short to match the long) or takes a small nosedive (I'll cash out the short and increase the long a bit, averaging down).
sr. member
Activity: 728
Merit: 317
nothing to see here
Those transgender freaks are absolutely disgusting. (both)

If you want milfs check this one (43 yo), my favorite:


https://www.imdb.com/name/nm1183509/?ref_=nmbio_bio_nm

And a good example for plastic surgery and/or photoshopped portrait pics  Grin
But sex is preserving the beauty, they say.
I can second that, because after four kids with the same woman, sex becomes pretty rare, and that was when i started to look older faster (and the misses too)... Roll Eyes
legendary
Activity: 3276
Merit: 2442
Those transgender freaks are absolutely disgusting. (both)

If you want milfs check this one (43 yo), my favorite:


https://www.imdb.com/name/nm1183509/?ref_=nmbio_bio_nm
legendary
Activity: 2520
Merit: 3038
I’m 33, been with my girl for 11 years. We’re not married but I can’t see myself with anybody else. If for some awful reason something happened I’d probably go for a little older.

I like somebody who can look after me, obviously they’d have to be hot though. I like fake tits, botox, lip fillers & stuff like that.

LOL. Me too dude, me too. I just don't really care for the emotional baggage that often comes with that sort of thing. Usually there's a backstory... Well, lets face it, all women of a certain age have backstories, but only some can afford fake tits and botox.

But with regards to your first part, good on you dude. Stick with it. I've only been with my g.f. for a year and a few months but she's already pissed we're not married yet (its a Philippines thing). Taking my sweet time for the moment.

Maybe when 1 signature campaign payment = 1 engagement ring, things will change in her favor.

Finally on topic! All this bitcoin chatter is distracting.

With a few exceptions, I've always dated younger girls. I've had my modest share of milfs, but I'm under par in that department - at least if I compare myself to my friends. I too like youth (within decency, as nutildah rightly put it). I can be flexible about physical age, and I have been, but my issue with older women is emotional, not only physical.

Most mature women (and I mean around 35 and up, but sometimes even before!) really have no clue about relationships. Rather than living it up while the gas lasts, they keep throwing their emotional baggage, scars, and past experiences in the face of their new acquaintances, as if the new guys had to atone for the alleged jerks they met. Jerks they were happy to marry and have children with in most cases, by the way. I don't doubt those guys were "bad" each in his own way - I am no saint myself. But puh-leeze...

All these women seem to want to do is wilt and dry up alone. Or are they waiting for, say, George Clooney to take them to his castle in the clouds? The rich and famous have access to an army of fresh pussy these candidate cat ladies can't even start to imagine. George Clooney would probably have a taste of your DAUGHTER, ma'am. Provided she's hot enough, I mean.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Many shorters burned this year

I clicked some thread the other day about a guy that lost his life savings attempting to short Dashcoin when it was artificially rigged upwards in that pump and dump Roger Ver was involved in.  He kept piling on more and more as the trade went against him.  I almost shorted the hell out of that thing too from being so stupidly overpriced.  I actually know how to manage risk, but still would have lost a bunch.  Glad I didn't.  Morale of the story:  never short fake, rigged markets (aka bitcoin and all other digital scamcoins).

Decent point about the risk of shorting, and even can apply to bitcoin as well like you suggested, even though bitcoin is not a scam coin and you are misleading when you are lumping your ideas like that without properly differentiating bitcoin.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
If you're 99% certain that the price will go significantly down from now, in the next few months, why not sell some of your stash, and keep that fiat to buy more later ? The risk is minimal when the price is high like right now.


Who the fuck is going to be 99% confident about anything?  If you are 70% confident in bitcoin, then that is pretty fucking strong, and frequently people who are greater than 70% confident are likely setting themselves up for disappointment, especially in the short term.

I know many here talk about buying BTC regularly, but personally I don't earn enough fiat to invest significantly in BTC. I must already invest more than 20% of my salary in my "401K" (because my employer doubles it, and it's a sound investment), so after that, not much is left.

Regarding 401ks and other traditional investments, it is likely going to remain prudent to invest at least as much as the employers matching amount, and sometimes it could be prudent to also invest in some kinds of funds that allow you tax deferral.


Yet, bitcoin is a bit of a different animal, and so there could be a considerable amount of dilemma if anyone is running out of money by "maxing" out their 401ks in terms of at least getting the matching funds, so then a question might be whether a  person has additional funds that can be reasonably and prudently invested into bitcoin, which will vary from person to person, and one of the problems is that bitcoin might be creating some confusion about whether it could be even a better investment than getting matching funds - especially in terms of the benefits of being able to increase control over wealth.  Tough choices that individuals have to make without any answers that are necessarily correct for all persons.

Part of the reason that building wealth can take a whole hell of a long time, is that the vast majority of young people won't necessarily have been able to build up their wealth or have received wealth from parents or even have been able to get into a decent job that has even a 401k plan with matching funds.  Knowing about bitcoin and having that option should be good for a lot of young people whether they have other options or not, yet I am frequently concerned when anyone, wether young or not, attempt to rush their path to richness, even while there might be ways that even young people with no assets, might be able to hedge a little more into a risky asset and become rich a lot faster than traditional paths, and bitcoin is likely going to continue to serve as one of those possible vehicles that allows an amount of value appreciation that is greater than other traditional investment avenues.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
ladder style

I won't be able to mention ladders (in the JJG/Jbreher sense) without secretly or openly laughing at the memory of Globb0's words - brainwashed ladder drone. Which reminds me, I really owe an sMerit there, and now I have one, so I'll comply.

I don't recall the significance of such a comment.  Maybe I missed it?

I think that laddering could be an attempt to remove a lot of the thinking - and I have said that many times in terms of the execution remaining bot-like, yet the bot does not program nor tweak itself, so there could be too much modesty or even misrepresentation(s) to conclude that no thinking is involved.

Also, I have frequently suggested that people who employ ladders should attempt to find a kind of balancing that works for their own circumstances and views, so in that regard, there should be few ladderings that look exactly alike except through a kind of happenstance that several peeps might reach similar conclusions that cause them to be setting their trading intervals and/or even their amounts similarly.

Another individualistic question would be to determine whether you are employing your ladder in a BTC accumulation phase, maintenance phase, or if you are engaging in a kind of short or long term liquidation phase.  None of these phases would be absolutes, and for me personally, I considered myself in heavy accumulation in 2014, and a lighter form of accumulation in 2015.  By the time we reached 2016 and 2017, I had considered myself to be mostly in maintenance which seems to continue to be my phase, and tentatively, I am expecting variations of my liquidation phases to begin in a few years, and mostly my thoughts of leaning more towards liquidation is because of my own age and life expectation considerations, rather than due to where bitcoin is at exactly, and surely it is helpful for my own thinking that my BTC accumulation and maintenance has been able to run for a while, and such running of accumulation and maintenance phases causes the likely upcoming liquidation phase to play out with a lot more comfort and ability to give less thought or rethinking regarding whether I am doing the right thing, for myself...

In other words, I tailor to myself and don't give too many ratt's asses about what bitcoin is doing or what other peeps might think.... yet it seems that participating in a forum like this has allowed for an ongoing brainstorming about my strategy, and surely I have learned a lot along the way in terms of the strategy that I attempt to employ and various ways that I attempt to describe my strategy in order that other peeps can pick and choose the extent that they might apply parts of my strategies or thinking to their own approach.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o

Don't get me wrong, I am not a total gambling prude, but we should realize that gambling is not a good strategy for the vast number of people, but they can have fun with gambling if they are able to employ it with a large amount of moderation and they don't attempt to build their investment strategy around any kind of gambling approach.

Winning strategies tend to be a bit slower, more monotonous, but more assured of long term profits.. Frequently, if guys employ a gambling strategy (or approach), then they will always say that they will stop once they achieve x, but they frequently will continue to be tempted to try x+1 and then x+2 and then x+3, and at some point, the odds catch up and they are worse off than if they had merely employed a non-gambling approach from the get go, and then just continued to employ the non-gambling approach - with maybe only a small amount of side money that might be used as gambling/fun money.
Gambling is not my investment strategy (I hope it would but I can't control my greed when I gamble, I fall for odds). It's an entertainment but I have to admit that I have lost a lot in gambling which cost me to lose my BTC too.
legendary
Activity: 938
Merit: 2540
<>
Jump to: