Bitcoin Forum
June 01, 2024, 09:43:23 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 109 »
1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 15, 2024, 03:16:34 PM
That HK ETF approval didn’t move the needle
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2024, 02:48:19 PM
So, quick update on the situation from yesterday. Switched wif back to Btc with a tiny profit. The Btc I sold is still in USDT and will buy back soon. I think we might see a dip into the 50s. Right now I am back to +-0

And no, I’m not one of those crypto guys. I’m 99% in bitcoin since 2013. 1% is just yolo and gambling with alts.
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2024, 09:17:40 PM

I’m guilty of it. I admit. I had such a bad 3 days. First bought some wif with big money right before the crash. And then switched some Btc to wif out of speculation, right before the Iran dump. And then I sold some Btc at 62k out of frustration  Cheesy

Really the master of bad timing. Have to wait it all out now.
Wow so sorry for your loss but why sell Bitcoin in loss?
Was it future?
Because I don't really see any reason selling a coin especially Bitcoin while on spot.
I bought yesterday around $67K Now it's $61K, added around $62K.
As long as its spot you shouldn't sell in loss
Well can't blame you
Guess that's why it's adviced to invest money you can loss or your heart can take. If the money is not for emergency you can buy bitcoin with Now with some of the money or an altcoin that has performed well this year like solana.
Not an advice, just me ranting.
 
ok I got it Iran is attacking Israel but WTH are you guys selling you bitcoins?
Like I don't know how's related.Seems like Covid once again.
With a fall like this we can definitely see a new ATH once it starts rising.

It wasn’t a lot. I sold because of the possible war scenario. Because I am 100% fully in crypto and have nothing on the side. If it dumps, I’m buying back at some point. If not, I had plans to cash out a bit anyway because I’m holding since 2013.
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2024, 09:15:35 PM
Imagine being that much of a paper-handed, sissy bitch that you start selling your Bitcoin because Iran sends drones to Israel  Cheesy Cheesy Cheesy Cheesy

Never going to be me.

I’m guilty of it. I admit. I had such a bad 3 days. First bought some wif with big money right before the crash. And then switched some Btc to wif out of speculation, right before the Iran dump. And then I sold some Btc at 62k out of frustration  Cheesy

Really the master of bad timing. Have to wait it all out now.

Thanks for your honesty, but...wif...wtf, man, especially with BIG money?
Spend a couple of bucks or a $20, just for giggles, nothing more.

I am selling nothing rn and not planning to.

I made 25k out of 8k with WIF by just buying and selling in the last 3 months. So I yoloed all 25k at $3.8 back into WIF and yeah it is what it is. It will recover. I’m patient.
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2024, 08:36:32 PM
Imagine being that much of a paper-handed, sissy bitch that you start selling your Bitcoin because Iran sends drones to Israel  Cheesy Cheesy Cheesy Cheesy

Never going to be me.

I’m guilty of it. I admit. I had such a bad 3 days. First bought some wif with big money right before the crash. And then switched some Btc to wif out of speculation, right before the Iran dump. And then I sold some Btc at 62k out of frustration  Cheesy

Really the master of bad timing. Have to wait it all out now.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2024, 08:20:03 PM
So, 2020 we had the Covid black swan before the bull run. Now it looks like the WW3 black swan.

who is bombing who.








and I did get some 62.5k corn.  may not be too important.

Without taking a side, Iran launched drones to Israel. Looks like they will arrive in 4-5 hours. Easy targets. To me it looks more like a formal attack without any damage. But the whales use any FUD to dump just as they did with Covid.
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 13, 2024, 08:09:30 PM
So, 2020 we had the Covid black swan before the bull run. Now it looks like the WW3 black swan.
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 12, 2024, 06:54:33 PM
I wonder if that’s all the bears got LOL weak
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 08, 2024, 09:00:32 AM
I sold some BTC yesterday at 69.2k. Thank me later for the pump Smiley
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2024, 06:36:24 PM
Anyone else thinks this is a fake relief rally? I’m
About to make the decision I talked here before to sell 10% of my Bitcoin at certain stages. 69k was the first stage to sell 1%. But I’m ok with 67k right now. I have the feeling we will dump further and stabilize until few months after halving. Would be nice to have some powder to buy back deeper. As I am 100% into bitcoin and have nothing else on the side lol

Yes, but you can take my opinion with a dose of salt as I've been sceptical about this rally since $48K  Tongue

According to Pi Cycle Top, as discussed elsewhere, $70K is either the mid-cycle top (like in 2019, 2016 and 2012), prior to a correction and consolidation, or this is the late-stage top, ie start of full blown bull market, like in 2020, 2017 and 2013. Based on time, I see this as a mid-stage not a late-stage top, especially given this indicator has "factored in" a new ATH being at this mid-stage top, and has previously been the most accurate at identifying these types of tops. This would otherwise be the first time there has been no "mid-stage correction" in Bitcoin's history, so while possible, the argument is that "this time it's different" - which is a fair argument given the introduction of ETFs and new ATH already. But only time will tell whether this is actually true or not, with the recent break of ATH not being enough to justify that speculative opinion as of yet.

More than anything I think ETFs are following the price, not leading it. There has been net inflows on the way up and net outflows on the way down generally speaking, even if they are helping to drive the price in both directions. All it will take is for GBTC to offload the rest of their coins, which may only take a couple of months from here, but until then and seeing net outflows, there remains selling pressure.

Based on price alone, either $69K breaks to the upside and price rallies further, or otherwise $60K breaks to the downside, leaving a pretty sizeable volume gap down to $52K at best, but more realistically $42K to $44K (which would still be a macro higher low). Also within a couple of months the 50 Week MA will be around these prices too, so bullish continuation could start from there quite easily. Based on 200 WMA projection, it should be around $37K by August (that was also a consolidation level) and would be a full -50% haircut, which is about as low as I see price going for now, if the correction lasted 4 months.

I'm otherwise overlooking the shorter-term TA on 4hr, as while price is currently confirming resistance around $68K (bearish trending 50 MA and ichimoku cloud at volume point of control), this could all still be broken with ease after another re-test of the 200 MA that previously supported the price perfectly (as expected in strong uptrends) and is currently around $62K. Too early to tell comes to mind here.

Thanks! Since I have no clue about trading and reading charts, this is helpful. What I have a clue about (or experience in) are the fake rallies after some “good news” whales use to create fomo. And that Jerome Powell news from yesterday was the perfect reason for whales to create another fake pump just do dump very hard later. They did this so many times that I’m so sick of this strategy. But of course there is always the chance that “this time it’s different”. Well I missed to sell at 67-68k. Now I won’t sell at 65-66k. Either I wait for another small pump or I take my coins off Binance and go into hodl mode again.
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2024, 01:48:52 PM
Anyone else thinks this is a fake relief rally? I’m
About to make the decision I talked here before to sell 10% of my Bitcoin at certain stages. 69k was the first stage to sell 1%. But I’m ok with 67k right now. I have the feeling we will dump further and stabilize until few months after halving. Would be nice to have some powder to buy back deeper. As I am 100% into bitcoin and have nothing else on the side lol
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 19, 2024, 08:49:10 AM
Made me laugh https://x.com/scooter_420/status/1769913131923349606?s=46&t=BXjPnTxM1CV8JEVNfrdzhQ

When chopper?
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 15, 2024, 07:16:27 PM
Smells like a fake pump bull trap. Or is it called bear trap?
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2024, 02:54:48 PM
Time to change the poll, no?
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2024, 09:37:59 AM
Glad I canceled my sell order at 69k  Cheesy Just couldn’t do it.

Start selling around $200k otherwise you miss out massive amounth of profits.

200k is really wow very optimistic. Let’s see if we break 100k first. But could happen, just as in 2017 when we thought 10k can’t be broken and ended up slightly over 20k.
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2024, 07:42:07 AM
Glad I canceled my sell order at 69k  Cheesy Just couldn’t do it.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2024, 07:20:45 PM
As someone who never sold or took profits since the purchase in 2013, what yall think of the idea to sell 1% at every 10k+? Starting now at 69k and next would be 79k and so on. I don’t need the money thank god. But even though I believe in Bitcoin, I really would like to have something left if ever some black swan event happens, western governments ban cashing Bitcoin out, a hack of the network or whatever. Even though I don’t need the money, if any black swan event occurs, I would love to keep my lifestyle as it is right now. Retired. Traveling. Spending about 2k a month for everything including rent, food, travel costs etc.

What do the long term investors here do? Still 100% in Bitcoin (I am) and forever until the last day?

Edit: The next question is, I would not want to hold fiat on my
Bank account. But I also don’t want stable coins. I don’t want to hold anything the government can take from me.

Edit2: I don’t trust Blackrock and all the others. I find these ETFs fishy. And they COULD have a plan to destroy Bitcoin. That’s why this question.

The main idea is: sell when you must, but "must" could be different.
1% every 10k makes some sense, but these are "artificial" numbers, not corresponding to some "natural" progression.
I am in more of a "sell to pay for something" camp.
However, you are a bit strict with your approach (no banks, no stables, etc).
What's left: gold/silver (physical), residential real estate, including rental projects (worldwide), farm land or farms, timberland/timber.
Selling from bitcoin into equities-strange, but also within reason.

I saw the youtube video (sorry, no link) about a couple of german multimillionaires investing in timber as diversification.
I am amazed by the fact that $2k/mo is enough to live (in Germany, I assume), including traveling and rent.

I left Germany as soon as the Covid madness started. I purchased an apartment in Turkey in 2021 (85k euro) and brought all my stuff from Germany to there. So I dont pay rent for my apartment. The monthly costs of the apartment are 50 bucks for the whole complex (swimming pool, electricity for elevators, security salary etc.). I am still registered in Germany because of the tax free cash out option. Other than that I don’t have anything to do with Germany. So right now I’m living in Thailand for over a year. But heading back to Turkey soon. I’m spending about 1.5 to 2k a month here for rent and eat good food and coffee and stuff. I’m a happy guy if I can keep this lifestyle. Not interested in lambos and yachts and blow. In Turkey I live a real good life for 500-700€ a month due to not paying rent and having no other expenses besides food.

As for the other replies, I would definitely buy back Bitcoin if it drops and we see another bear market. I missed this chance in the last 3 cycles. Even though I am kind of a veteran in holding, the last 3 bear markets were rough and I don’t want to stay on the sideline and watch another one. Also as I said, 11 years in Bitcoin but I still don’t fully believe that Bitcoin is 100% here to stay. As soon as it gets too powerful, the cabals will find a way to get it under control. They are dominating this world for hundreds, maybe thousands of years. They won’t let a crypto coin take the power from them.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2024, 03:59:16 PM
Yeah I am in Germany. Holding for 10+ years. After 1 year of holding its tax free (they wanna change this). But I don’t know how it is when I convert bitcoin into USDT and then later in euro if I wanna cash out fiat. Or buy back.

So I set a sell order at 69k. Doesn’t feel right. But at some point you have to let your kids go.
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2024, 03:44:02 PM
As someone who never sold or took profits since the purchase in 2013, what yall think of the idea to sell 1% at every 10k+? Starting now at 69k and next would be 79k and so on. I don’t need the money thank god. But even though I believe in Bitcoin, I really would like to have something left if ever some black swan event happens, western governments ban cashing Bitcoin out, a hack of the network or whatever. Even though I don’t need the money, if any black swan event occurs, I would love to keep my lifestyle as it is right now. Retired. Traveling. Spending about 2k a month for everything including rent, food, travel costs etc.

What do the long term investors here do? Still 100% in Bitcoin (I am) and forever until the last day?

Edit: The next question is, I would not want to hold fiat on my
Bank account. But I also don’t want stable coins. I don’t want to hold anything the government can take from me.

Edit2: I don’t trust Blackrock and all the others. I find these ETFs fishy. And they COULD have a plan to destroy Bitcoin. That’s why this question.

If I had a stash of 10 coins that cost me 1000 each.

I would peel 1 coin off and set up ladder sales with it.

.2 at current price of 68 or 69 this gives me over 13600 which is more than the ten I got at 1000 each in 2013.

I still have 9 in cold storage
I still have .8 to ladder sale.
say
.1 at 74740
.1 at 83830
.1 at 93930
.1 at 98980
.1 at 111110
.1 at 122545
.1 at 131131
.1 at 141141

now this assumes you have 10 coins at a cost of 10000

you end up with 9 coins and a lot of cash 💰 above the original investment.

That sounds like a plan. I was also thinking to sell 10% maximum. Question is, would you keep that in USDT?
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2024, 02:18:01 PM
As someone who never sold or took profits since the purchase in 2013, what yall think of the idea to sell 1% at every 10k+? Starting now at 69k and next would be 79k and so on. I don’t need the money thank god. But even though I believe in Bitcoin, I really would like to have something left if ever some black swan event happens, western governments ban cashing Bitcoin out, a hack of the network or whatever. Even though I don’t need the money, if any black swan event occurs, I would love to keep my lifestyle as it is right now. Retired. Traveling. Spending about 2k a month for everything including rent, food, travel costs etc.

What do the long term investors here do? Still 100% in Bitcoin (I am) and forever until the last day?

Edit: The next question is, I would not want to hold fiat on my
Bank account. But I also don’t want stable coins. I don’t want to hold anything the government can take from me.

Edit2: I don’t trust Blackrock and all the others. I find these ETFs fishy. And they COULD have a plan to destroy Bitcoin. That’s why this question.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 109 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!