What the fuck is going on...
BTCBTC skyrocketing
weee
>>pic<<
Just bought another small fraction. Now I have whopping 0.25 BTC. I cant remember the last time i had that much
I love these corrections
next buy order at 10k
If we get to 6k, i might have whole 1 BTC by then
Yeah.. I hope the rest of us and the many HODLers get fucked, merely so you can accumulate a whole BTC.
I do find it a bit strange that you, as a member here since mid 2011, do not HODL more BTC, and also that you would be planning to increase your BTC holdings by 3x, in the event of another approximately 40% BTC price drop. It is likely you are in a BTC accumulation stage rather than in a BTC maintenance stage, in spite of your years of membership on this forum.
Just for illustrative purposes, I will disclose that I have several times more BTC than you, and I am not trying to brag, but just stating a fact based on your representations.
And let me assert that surely, I am much more wealthy overall if BTC prices are up rather than down, but sounds like you and I have a similar BTC buy on the way down strategy, yet it seems that I play with much less extremes than you (likely because I am in a kind of maintenance stage and you are either in an accumulation stage or a BTC gambling stage).
Even though both of us are buying BTC as prices go down, my accumulation of BTC in terms of the percentage of my whole BTC holdings remains way smaller than yours, and if BTC prices were to go down another 40% from here, to approximately $6k, my current preset BTC buying plan would only trigger that I buy about 4% more BTC into my overall BTC holdings.
Seems like my street cred as largely a BTC HOLDer is bolstered by such a fact that I am not playing around with a very large percentage of my BTC holdings, even though I could possibly profit a bit more from a bit more aggressive BTC selling strategy that would thereafter result in me buying more BTC on the way down, but it seems that I am too chicken shit and conservative to take such a more aggressive approach, because I feel that overall I would probably end up getting screwed out of more BTC, if I were to take such a more aggressive approach that results in playing around with a larger percentage of my overall BTC holdings.
im not worried about long time holders, I believe they would survive another brief 40% drop like they had to many times before.
There is a plane B as well (actualy thats A), to accumulate through alts, which seems to be much easier than waiting for very deep dips.
Yeah, I find it strange too, but have already wrote somewhere, that i was hit but nearly every exchange scam since 2011
Back then I was just a poor boy with old computer. I left back to forex several times after i got tired of getting scammed-but always returned after while... and finally quit with FOREX rigged game for good last summer.
[I can still remember my first encounter with scammer - on IRC otc market:
https://bitcoin-otc.com/viewratingdetail.php?nick=FractalUniverse&sign=NEG&type=SENT]
The grid trading system is very good for bitcoin, you are playing it very safe. Im much more aggressive in trading, but true- its connected to amount of funds involved. There is large amount of variations to grids. its not necessary to accumulate or release slowly. Increments and position size may be variable as well as fixed; and if it goes in one direction for too long, defensive strategy can be used (slowly rebuying high or decreasing positions when it gets out of comfortable zone, hedging, playing with support/resistance etc. .. use your imagination, its not crucial to get in close to bottoms or sell close to top). But of course, when/if it gets to the point when i have optimal funds for trading, BTC profits will go into offline wallet.
Many holders here have lots of bitcoins because -years ago- you/they did what I didnt. And interestingly, im not envious at all. There is no problem to get back on track in this phase. Its not too late yet.
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