Bitcoin Forum
November 24, 2020, 06:47:46 PM *
News: Latest Bitcoin Core release: 0.20.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When ATH?
Nov. 2020 - 47 (36.2%)
Dec. 2020 - 43 (33.1%)
Jan. 2021 - 14 (10.8%)
Feb. 2021 - 5 (3.8%)
Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
Total Voters: 130

Pages: « 1 ... 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 21963 21964 21965 21966 21967 21968 21969 21970 21971 21972 21973 21974 21975 21976 21977 21978 21979 21980 21981 21982 21983 21984 21985 21986 21987 21988 21989 21990 21991 21992 21993 21994 21995 21996 21997 21998 21999 22000 [22001] 22002 22003 22004 22005 22006 22007 22008 22009 22010 22011 22012 22013 22014 22015 22016 22017 22018 22019 22020 22021 22022 22023 22024 22025 22026 22027 22028 22029 22030 22031 22032 22033 22034 22035 22036 22037 22038 22039 22040 22041 22042 22043 22044 22045 22046 22047 22048 22049 22050 22051 ... 27596 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24404528 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (153 posts by 40 users deleted.)
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4385


Be a bank


View Profile
December 15, 2018, 07:41:40 PM
Merited by El duderino_ (1), Toxic2040 (1)

When you walk through a storm
Hold your head up high
And don't be afraid of the dark

At the end of a storm
There's a golden sky
And the sweet silver song of a lark

Walk on through the wind
Walk on through the rain
Though your dreams be tossed and blown

Walk on, walk on
With hope in your heart
And you'll never walk alone

You'll never walk alone

Walk on, walk on
With hope in your heart
And you'll never walk alone

You'll never walk alone
1606243666
Hero Member
*
Offline Offline

Posts: 1606243666

View Profile Personal Message (Offline)

Ignore
1606243666
Reply with quote  #2

1606243666
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1606243666
Hero Member
*
Offline Offline

Posts: 1606243666

View Profile Personal Message (Offline)

Ignore
1606243666
Reply with quote  #2

1606243666
Report to moderator
bitserve
Legendary
*
Offline Offline

Activity: 1372
Merit: 1236


Self made HODLER ✓


View Profile
December 15, 2018, 07:44:34 PM


Excellent post, please give him some merit I have been out of merits for months. This post is going to be a very helpful guide during a bull run.

I'd like to add that with all the nocoiners asking you for advice and talking about it more and more. During the last bull run I had the feeling bitcoin adoption suddenly had skyrocketed. Meaning that my view of adoption was completely delusional because of the sudden increase of price. Which resulted in me barely selling any coin and not having extra fiat to buy back during the bear market. The price attracts a lot of people but that's not adoption, adoption is the people who are leftover after the attraction of the price. This is how I see it.


Thanks!

Yes, I thought the same. Probably everyone did.... but all that people that clogged the exchanges during the last stages of the bubble were just ignorant FOMOers.

We should have known better. And the same happened in 2013, exchanges had a very long verification queue. Bitcoin was in the news, maybe not as omnipresent as in Q4 2017 but still a big change from almost 0 presence to some important presence. China FOMOed strongly into the hype.... until they didn't. It imploded and most of the FOMOers were gone for good.

The bolded part sums it perfectly!

HairyMaclairy
Legendary
*
Online Online

Activity: 1246
Merit: 2010


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 15, 2018, 07:44:54 PM
Last edit: December 15, 2018, 08:01:51 PM by HairyMaclairy
Merited by BinaryReign (1)

Flappening confirmed





Explanation of why ETH has more to drop:  https://twitter.com/crypto_macro/status/1073982137127370752

What crypto has taught us

bitserve
Legendary
*
Offline Offline

Activity: 1372
Merit: 1236


Self made HODLER ✓


View Profile
December 15, 2018, 07:55:27 PM

I'd say though that people should decide on a price and proportion of coins that works for them and get rid no matter what the market looks like it might do once those targets are hit.

Yeah, don't back-pedal on your targets when the time comes and don't fall into the trap of reinvesting what you intend to keep out.

Having said that, Bitcoin is always one step ahead of the game...

Yup, that's a great advice. Only reinvest what you plan to reinvest and keep out what you plan to keep out. In "practical sense" only what you take out for good should be counted as profit taken. Other than that is just "trading".
serveria.com
Sr. Member
****
Offline Offline

Activity: 1008
Merit: 350


Balls of steel


View Profile WWW
December 15, 2018, 07:56:01 PM

Flappening confirmed





Yeah, LTC market is now bigger than BCH! Flappening price-wise to follow soon?  Cool
Raja_MBZ
Legendary
*
Offline Offline

Activity: 1610
Merit: 1384


Any questions related to my signature site? PM me!


View Profile
December 15, 2018, 08:17:47 PM

First and foremost, when the time comes take some fucking profits.

This is what I must regret.

If I had take 10-20% profil I would had recover almost all my investment and would be relaxed now. Possible buying more.

Never try that. Never sell until and unless they're worth enough to make you rich. That's what I've learned from an epic bull run of 2017. I was almost 90% out of crypto by August-November 2017 because I "took profits at 1.5x to 2x".

Maximize your greed, if you're ready to spend a few years in waiting.
Butterscotch Cartman
Jr. Member
*
Offline Offline

Activity: 108
Merit: 6


View Profile
December 15, 2018, 08:20:30 PM

Next stop 2k
"Buy the Dip"

1k
"Buy the Dip"

$10
"crypto was a scam all along"
wayna
Jr. Member
*
Offline Offline

Activity: 103
Merit: 3


View Profile
December 15, 2018, 08:24:10 PM

This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.
On a large scale, the downtrend is flattening... until now.

A common error of traders is that they want to catch the very bottom.
You don't NEED that. Actually, unless you're the big whale(or group) that's moving the price you probably won't manage to "catch the falling knife".
Instead of that, near the bottom there's plenty of time to think and make a good decision to buy and make a good profit with lower risk of missing out.
That's way I bought on the way down. There is a good chance the price will go down further but... damn... I even bought when it was 12-13k... now it's time to make decisions!
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4385


Be a bank


View Profile
December 15, 2018, 08:26:54 PM

.
$10
"crypto was a scam all along"
if it goes to ten dollars i'll eat your dick
lightfoot
Legendary
*
Offline Offline

Activity: 2408
Merit: 1666


I fix broken miners. And make holes in teeth :-)


View Profile
December 15, 2018, 08:27:00 PM

Guess we need to wait till Bitmain decides to pump their latest shitcoin. Wonder when they will run out of BTC....

BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 799



View Profile
December 15, 2018, 08:27:08 PM
Merited by Raja_MBZ (1)

First and foremost, when the time comes take some fucking profits.

This is what I must regret.

If I had take 10-20% profil I would had recover almost all my investment and would be relaxed now. Possible buying more.

Never try that. Never sell until and unless they're worth enough to make you rich. That's what I've learned from an epic bull run of 2017. I was almost 90% out of crypto by August-November 2017 because I "took profits at 1.5x to 2x".

Maximize your greed, if you're ready to spend a few years in waiting.
Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

In total you've taken out 300, which is 30% of your base value, but you still have 3700 left, which is 2700 over your baseline, or a total of 370%.

Suppose you now drop 86% and you find yourself at 518, had you not taken anything out you would be at 560, so the difference is 42.

You lost 42, but gained 300, hence a profit of 258.


You can adjust the 10% based on your own preferences, but this way you won't ever go 90% out of crypto, while still cushioning the fall to a point where you will either be happy with your profits spent on random toys, or have cash ready for the reversal.


tl;dr Take out a fixed proportion of your profits and don't worry about being "all out" or "all in" ever again. If you want to get fancy you can use variable rates, but you better double check what you're doing before you start.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 799



View Profile
December 15, 2018, 08:30:05 PM

Next stop 2k
"Buy the Dip"

1k
"Buy the Dip"

$10
"crypto was a scam all along"
At $10 I'm selling my house. Not joking either.
bitserve
Legendary
*
Offline Offline

Activity: 1372
Merit: 1236


Self made HODLER ✓


View Profile
December 15, 2018, 08:30:31 PM

First and foremost, when the time comes take some fucking profits.

This is what I must regret.

If I had take 10-20% profil I would had recover almost all my investment and would be relaxed now. Possible buying more.

Never try that. Never sell until and unless they're worth enough to make you rich. That's what I've learned from an epic bull run of 2017. I was almost 90% out of crypto by August-November 2017 because I "took profits at 1.5x to 2x".

Maximize your greed, if you're ready to spend a few years in waiting.

I would say you are on the other side of the balance than most people here. I mean... who would take profits at a mere 2x? And *90%* out?

Many people here were at more than 20x profit (at ATH) and didn't take a cent out or just very little in proportion. Going all-in or all-out like that is just crazy gambling.
JimboToronto
Legendary
*
Offline Offline

Activity: 2744
Merit: 1894


You're never too old to be young.


View Profile
December 15, 2018, 08:32:26 PM

You'll never walk alone

Great song.

Best version ever is by that Liverpool band Gerry and the Pacemakers (attention Mic and LFC).

Thanks for reminding me. I'll be adding it to my Xmas show this year.

I know it's not actually a Xmas song but neither is Baby It's Cold Outside and I'll be doing that in every set this year.

Go Bitcoin go (up please).
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4385


Be a bank


View Profile
December 15, 2018, 08:35:16 PM

https://weeklyglobalresearch.wordpress.com/2018/12/15/saturday-15th-december/
lots of goodies in this newsletter
Globb0
Legendary
*
Offline Offline

Activity: 2436
Merit: 1973


Nobody wants him. He just stares at the wall.


View Profile
December 15, 2018, 08:38:47 PM

need to wear a beer jacket





I’m going to hard today mate.... beer just 1 big one, wine is flowing as crazy, hot chocolate with amaretto.....
Booze keeping me warm today, but its needed, cos i’m freezing Wink

Ill come meet you when you come further south.  Smiley


Raja_MBZ
Legendary
*
Offline Offline

Activity: 1610
Merit: 1384


Any questions related to my signature site? PM me!


View Profile
December 15, 2018, 08:53:10 PM

First and foremost, when the time comes take some fucking profits.

This is what I must regret.

If I had take 10-20% profil I would had recover almost all my investment and would be relaxed now. Possible buying more.

Never try that. Never sell until and unless they're worth enough to make you rich. That's what I've learned from an epic bull run of 2017. I was almost 90% out of crypto by August-November 2017 because I "took profits at 1.5x to 2x".

Maximize your greed, if you're ready to spend a few years in waiting.

I would say you are on the other side of the balance than most people here. I mean... who would take profits at a mere 2x? And *90%* out?

Many people here were at more than 20x profit (at ATH) and didn't take a cent out or just very little in proportion. Going all-in or all-out like that is just crazy gambling.

Actually, I was quite loaded with BTC even in 2015; I got those BTC mostly at $2xx. Keeping the psychological value of "$2xx" in mind, I started to take profits from $300+. Took profits at $300, then at $500, at $1000, more at $2000, and a lot more at ~$3500. By September 2017, I had almost "no BTC" left to sell (I was still quite heavy on alts though).

I must say, I stupidly underestimated bitcoin all that time, and had a completely messed up & crappy strategy. Oh well, whatever happened, can't be reversed anymore.
Searing
Legendary
*
Offline Offline

Activity: 2646
Merit: 1359


Clueless!


View Profile
December 15, 2018, 08:56:42 PM

Next stop 2k
"Buy the Dip"

1k
"Buy the Dip"

$10
"crypto was a scam all along"
At $10 I'm selling my house. Not joking either.


yeah at $10 BTC ...I will become a 'minimalist' having less crap with a tiny house and a plot of land would sound very good about then....(one extreme trend or the other ..that's my motto)

dandannn
Full Member
***
Offline Offline

Activity: 242
Merit: 110



View Profile
December 15, 2018, 09:06:21 PM

With all this doom and gloom its nice to take a step back, away from the charts and look at the ongoing developments around bitcoin, it does make you realize why you fell in love with it in the first place, or is that just me?

Going to set my buy orders up over Christmas and commit to not looking at the price every 10 minutes. I will be setting up a LN node to help utilize my free time.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4385


Be a bank


View Profile
December 15, 2018, 09:06:31 PM

You'll never walk alone

Great song.

Best version ever is by that Liverpool band Gerry and the Pacemakers (attention Mic and LFC).

Thanks for reminding me. I'll be adding it to my Xmas show this year.

I know it's not actually a Xmas song but neither is Baby It's Cold Outside and I'll be doing that in every set this year.

Go Bitcoin go (up please).
Would love to hear that. Yes it became Liverpool FC's anthem I guess because of that cover. Very appropriate also for the weather themes and the state of bitcoin.
It went up a bit. Pl keep asking lol.
Pages: « 1 ... 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 21963 21964 21965 21966 21967 21968 21969 21970 21971 21972 21973 21974 21975 21976 21977 21978 21979 21980 21981 21982 21983 21984 21985 21986 21987 21988 21989 21990 21991 21992 21993 21994 21995 21996 21997 21998 21999 22000 [22001] 22002 22003 22004 22005 22006 22007 22008 22009 22010 22011 22012 22013 22014 22015 22016 22017 22018 22019 22020 22021 22022 22023 22024 22025 22026 22027 22028 22029 22030 22031 22032 22033 22034 22035 22036 22037 22038 22039 22040 22041 22042 22043 22044 22045 22046 22047 22048 22049 22050 22051 ... 27596 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!