Let me use the Google for you....




A mug of Horlicks. Horlicks is a malted milk hot drink developed by founders James and William Horlick. It is now marketed and manufactured by GlaxoSmithKline (Consumer Healthcare) in the United Kingdom, New Zealand, Hong Kong, Bangladesh, Pakistan, India, and Jamaica.
Horlicks - Wikipedia
https://en.wikipedia.org/wiki/Horlicks

It's a hot malt drink.  It's vile.

Fine wine at the ready or a nice cup of horlicks and a box of tissue to mop up the tears?

I bet you Americans reading this have got nothing done today. At least us Brits could work knowing you guys aren't at work until 2pm GMT.

I got a lot done until 2!

I wouldn't know what to exit into. I certainly do not want to buy dollars. How much longer can that ponzi scheme go on?

My life savings is in bitcoins but that is nothing new. An approval pushing the price up over $3k would mean I would retire sooner rather than later. A rejection means a few more years of buying many more bitcoins.

Not retire in the sense of no longer working...just working on something I want instead of living in a war zone working in a box.

sec live in 4 min i think if i understand correctly

https://www.sec.gov/video/live/2373689294677-evidence-summit-031017.htm

Strange they think it's thrusday and my computer thinks its friday

wtf?
There was a dump to $1069 on finex just prior to the pump.

woke up in the middle of the night as price alarms went off...

bought a few coins as it started to rebound.  went back to sleep.

woke up.

The days of becoming an instant millionaire are pretty much over.
The people that are making lots of money on crypto right now are the ones that already have it.
Whales are manipulating the price of coins and raking in the profits as the little fish try to make a few dollars.

I agree with you about attempting to protect yourself from some of the price volatility, but I don't agree with the strategy that you seem to be suggesting, which is to sell when you see (or believe) that the price is going to go down - you are going to get screwed too many times if you attempt to time that and to figure that out.

The safer strategy is to sell on the way up and to buy on the way down, and part of the trick is figuring out increments and amounts in order that you neither run out of BTC to sell or money to buy with if the price tanks.

I have been employing such a strategy of buying on the way down and selling on the way up, and it seems to work pretty well.

A couple more things:  1) I don't think that it is a good idea to employ the selling part of the formula until you have figured out your accumulation targets and attempt to sufficiently accumulate before selling any BTC and 2) it is also a good idea to attempt to figure out various BTC/fiat ratios that you want to attempt to maintain and follow at certain price points.  Of course, you can have some flexibility, but you should also try to have a plan or an outline, too so that you can attempt to stay within certain predetermined parameters - which is especially important during very high volatility periods, when you don't wanna get nervous and deviate too much from your predetermined plan.

Mostly not.


I have generally found that selling at the bottom to be a poor trading strategy. But what the hell do I know? I mostly don't trade.


Suit yourself. In a chaotic inscrutable market, the only consistent indicator being an 8-year bull run amounting to something like a 100,000-bagger, the only rational trade is to buy and hodl.

I predict that in the April/May timeframe we will slowly creep over the $1K mark again, and the media won't say shit about it the next time.  It'll be a non-event. Bitcoin probably won't be newsworthy again until the end of the year, when either an ETF launches, some major adoption announcement, or they do another round of those silly "which currency beat out all the others" type articles.

Oh, I did some paper trading once with bitcoin. Got my butt handed to me, would have lost out many btc if I had traded for real.  Thank the godz I didn't.