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+?
Life is for living. Money is for experiences. Just don't go all crazy-ass and splash out in an orgy of overconsumption. Welcome back, Jbreher! Haven't seen your bear avatar in a while. How are things going? Thanks. Can't complain. Although I will - to grandkids and friends. |
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WB, jbreher, long time no log.
And a tip o' the hat in return, my fellow traveler. |
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Speaking of which, a lot of people here might not know of the accomplishments of Joe Breher. They see his Picnic Bear avatar and think of him as a grammar/spelling-obsessed grinch big-blocker.
In the world of data storage he was a hero, developer of many systems, storage engineer extraordinaire.
A gal's gotta make a living... (thanks) |
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I was also thinking to sell 10% maximum. Question is, would you keep that in USDT?
Haha. I rescind my encouragement rendered immediately above. If you're not going to enjoy the fruits of your hodling patience in the immediate future, why would you want to convert to stinky fiat at the beginning of this cycle's bull run? |
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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+?
Life is for living. Money is for experiences. Just don't go all crazy-ass and splash out in an orgy of overconsumption. |
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Bitcoin to $100K!
Not more? Of course. But 100K is secret handshake time. IYKYK |
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Thanks, @DirtyKeyboard, for taking on this critical task!
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Michael Saylor can talk about Bitcoin the whole day and one can keep listening to him. This guy steals your attention while he speaks. " One day I believe Apple, Microsoft and Google they will all integrate Bitcoin and Layer 2 protocols like lightning into there phones, into there computers, into there web services, into there cloud services ... " ...their phones ...their computers ...their web services ...their cloud services There. Fixed it. jbreher would be proud. (...and the necessary OCD FTFY on your quoted post above.)All thanks to tenhomerxten for keeping things clean during my protracted absence. |
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Today looks to be a good day. Make it so.
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When?  Today. |
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This is the dawning of the age of Aquarius...
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Absolutely nobody comes here looking for a job unless it's in the haberdashery business and then... well guilty as charged, sir.
N: A salesman, like maybe in a, uh, haberdasher, or maybe like a, uh, um... a chapeau shop or something. You know, like, "Would you... what size do you wear, sir?" And then you answer me. M: Uh... seven and a quarter. N: "I think we have that." See, something like that I could do. M: Yeah... you think you'd be happy doing something like-... N: "No; we're all out. Do you wear black?" See, that sort of thing I think I could probably... muster up. |
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I am not sure how many shits can be given about the 200-day moving average, but the same statement about closing higher than seems to be true in regards to the 200-week moving average too,
I think the 208-week MA is worth giving quite a few shits over. Always has. May it ever be so. Aren't you coming out a swinging. What's got the picnic bear all crumpling? Market action. For once in recent memory, the (usually excessive) time spent here per iota of unique insight was worth the squeeze. To wit: We upped. I couldn't find causative news in the popular press. Came here to see if anyone knew why. Yes. Courts slapped Gentsler. I heard it here first. Yay! |
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I'd also say no. Approvals are usually bullish for price until product launch date, while the launches themselves have always been bearish.
Well, other than the GLD ETF approval of course. How analogous last millennia's hard store of value money is to this improved hard store of value money -- and thereby the associated ETFs -- might be a matter of discussion. |
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I am not sure how many shits can be given about the 200-day moving average, but the same statement about closing higher than seems to be true in regards to the 200-week moving average too,
I think the 208-week MA is worth giving quite a few shits over. Always has. May it ever be so. |
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Hey, I heard you missed us me, we're I'm back!
I brought my pencil
Give me something to write on, man
I don't _feel_ tardy... |
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Homework:
Quantify the liquidity issue experienced by Signature Bank before the NY Regulators swooped in and confiscated all assets and operations.
You are counting too? Honestly, just seeking an answer. Not-so-cleverly disguised as if I knew the answer already. So sue me. Every finance rag is reporting Signature's capture as a mere tiny blurb on their spectacle around SVB. But exactly none of them are bothering to say that Signature was illiquid (let alone insolvent). Makes my spidey-senses tingle, seeing as Signature was banko numero uno for the crypto* space. Almost like they are redirecting attention from an unmerited takedown of the space's biggest on- and off-ramp. I mean, the back end institutional on- and off-ramp. The one that allows the on- and off-ramps that peeps actually interface with to be the conduit for the actual off-ening and on-ening. Shut down the channels. Starve the crypto transactions. Make using them painful. Incentivize an alternative (stick, not carrot). One giant leap for CBDC-kind. *(shaddap, JJG - this includes your daddy) So did Signature halt withdrawals? If they actually did, you'd think they'd report on it. And if not, what is the justification? None in a free society. nadazipzilch Perhaps just another notch in a coordinated takedown of crypto writ large. Again, to herd all into an upcoming CBDC? And... umm ... Barney Frank! You 'member him, right? Frank-Dodd and all that!? Well, he was a board member at Signature. And not like I trust his words anyhow (never did when he was in the legislature either...), but he said Signature was 'in no way insolvent', and that the takeover was unwarranted. Well, we know insolvent and illiquid are two different things, plus Frank is an unreliable source. But you'd think that some reporting somewhere would speak of the reason for the confiscation. |
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Homework:
Quantify the liquidity issue experienced by Signature Bank before the NY Regulators swooped in and confiscated all assets and operations.
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