Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Biodom]

If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo).
If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time.
What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in?
I haven't said anything about TRADING, well, maybe @dragonvslinux did, and it is for those with certain skills;
I am mostly focused on buying and less on selling.

Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020.
This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.

[Biodom]

BitcoinBunny (just above)

The UK wants a CBDC, yet does not want anyone to save it?  Uh-huh, they really DO care for the people, bwaaaha...  Nice list of why some areas (with more economic freedoms) are doing so much better than others.  For anyone with a brain, it should be more than obvious now that big and nosy .gov's are the problem, such governments solve nothing and bring more misery into their nations.  Our own "Joe Biden" was just today labeled "The Most Progressive President" we've ever had.

I spent a few days in Dubai about 5 years ago.  Fascinating place.  I doubt that I would choose to live there, but the freedom to do what you want (as long as you respect their culture and keep your yap shut about their .gov) was impressive.  

Dubai (at their big mall near the Burj) has one of the biggest & best bookstores I've ever been to, and I've been to a lot of bookstores.  That's where I found my copy of The Bitcoin Standard.

Me and my other half are already considering emigrating or at least spending our time more in Dubai in the Emirates (I've been a couple of times and it's pretty nice if you can accept the religious stuff - thus keep your head down and certainly very, very safe) and another particular country far removed from western influence these days.<snip>

About Dubai people are saying that it is good for doing business, but there is almost no "nature".
Good shopping, though, right?
I was checking out Thailand, but unlikely to go...their LTR visa is kind of bewildering (asking for a lot, providing very little, imho).
Thailand prices seem to be moving upwards very fast, too.
Additionally, as of right now, foreigners cannot own land, which means that buying a standalone property is basically a nonstarter (you would own the house, but not the land under it).

[hisslyness]

If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo).
If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time.
What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in?
I haven't said anything about TRADING, well, maybe @dragogonlinux did, and it is for those with certain skills;
I am mostly focused on buying and less on selling.

Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020.
This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.

Not saying there is anything wrong with your strategy. From my experience, DCA is a better option for newbies and people who are too emotional when it comes to parting with their FIAT! Like I said before, to get someone to buy when we are >70% from ATH is a mission on it's own! However, when we are +400% from last ATH, well, good luck convincing them to hold back a little....

You're dam right about WO Regs accumulating and adding to their stash!

I've got the following in place...

DCA every Tuesday (for myself and other's who finally understand what Bitcoin really is)
LN Node generation routing fees
#BTFD (anything greater than 4% decline)
Ladder Buys (starting from $20,000USD and lower to capitalise on any flash drops)
#NO SELL ORDERS in place anywhere!

[philipma1957]

If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo).
If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time.
What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in?
I haven't said anything about TRADING, well, maybe @dragogonlinux did, and it is for those with certain skills;
I am mostly focused on buying and less on selling.

Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020.
This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.

which is why in Nov 2022

I made 4x + 4x + 4x = 12x buy the dip

And I did a dca.


they hedge each other.


as it turns out the 12x buy the dip move has done better than the first 12 x dca  I ended that dca at 12 x buys because it is a perfect match.

and it clear shows that buy the dip won out over that dca.

I am now doing another dca lets see if it can beat the 12x buy the dip I did.

Hint we need to drop to 15k very quickly for it to happen.

and basically these moves for me are for idle fun as they are no where near my gear purchases. which are over 200x fiat since sept 1.

in fact 522x in gear since sept 1

[ChartBuddy]

Explanation

[Biodom]

If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo).
If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time.
What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in?
I haven't said anything about TRADING, well, maybe @dragogonlinux did, and it is for those with certain skills;
I am mostly focused on buying and less on selling.

Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020.
This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.

which is why in Nov 2022

I made 4x + 4x + 4x = 12x buy the dip

And I did a dca.


they hedge each other.


as it turns out the 12x buy the dip move has done better than the first 12 x dca  I ended that dca at 12 x buys because it is a perfect match.

and it clear shows that buy the dip won out over that dca.

I am now doing another dca lets see if it can beat the 12x buy the dip I did.

Hint we need to drop to 15k very quickly for it to happen.

and basically these moves for me are for idle fun as they are no where near my gear purchases. which are over 200x fiat since sept 1.

in fact 522x in gear since sept 1

522X...I would dare to assume that it is four way split (or just "your" part)?...
That's one serious capital allocation..now btc would have to cooperate,  

[xhomerx10]

<...>


Moon’s pull can trigger big earthquakes
https://www.nature.com/articles/nature.2016.20551

Satoshi Ide, a seismologist at the University of Tokyo,

are you f.cking kidding me?
Satoshi ?

シ

[philipma1957]

If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo).
If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time.
What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in?
I haven't said anything about TRADING, well, maybe @dragogonlinux did, and it is for those with certain skills;
I am mostly focused on buying and less on selling.

Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020.
This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.

which is why in Nov 2022

I made 4x + 4x + 4x = 12x buy the dip

And I did a dca.


they hedge each other.


as it turns out the 12x buy the dip move has done better than the first 12 x dca  I ended that dca at 12 x buys because it is a perfect match.

and it clear shows that buy the dip won out over that dca.

I am now doing another dca lets see if it can beat the 12x buy the dip I did.

Hint we need to drop to 15k very quickly for it to happen.

and basically these moves for me are for idle fun as they are no where near my gear purchases. which are over 200x fiat since sept 1.

in fact 522x in gear since sept 1

522X...I would dare to assume that it is four way split (or just "your" part)?...
That's one serious capital allocation..now btc would have to cooperate,  

220x not me . the warehouse owner and his son.

302x me and buysolar

the buy the dips and dcas are all me.

so I am going

151x gear
  12x first dca
   12x buy the dip

    4x second dca

I plan to do the second dca for six weeks  total 12x

then decide what to do after it.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[xhomerx10]

Apologies in advance; the temptation was too great and I am a mere mortal.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[nutildah]

The next time you post here fishing for merits I will red tag you and all your alt accounts for bounty cheating, and I know you have a lot more than this.

[Lainta]

MICHAEL SAYLOR: “The people need an asset that cannot be debased, running on a network that cannot be stopped, governed by a protocol that cannot be corrupted.” #Bitcoin    🙌

https://twitter.com/BitcoinNewsCom/status/1623063597181186049?t=yexpWtRbxUWZBvBlv6Atjg&s=19

[nutildah]

Alright have it your way

[ChartBuddy]

Explanation

[Gachapin]

OT:
If crosses the Middle East successfully!


https://twitter.com/jackposobiec/status/1622248258847260674

they should add the "black lives matter" fist to be 100% sure

what if 25k is the new 10k, and 23k is the new vegeta   I doubt it...

I pointed this out using a simple, linear calculation, some day in the past two weeks or so.
Just about right, in the grand scheme of things, imo. Imagine zooming out in 2040 or 2050  

damn I missed that...
sorry if I was posting the same idea (seems obvious somehow...)

You guys think we can break 25k now after the somewhat 'positive' Jerome powell statements ?

ask proudhorn

<...>


Moon’s pull can trigger big earthquakes
https://www.nature.com/articles/nature.2016.20551

Satoshi Ide, a seismologist at the University of Tokyo,

are you f.cking kidding me?
Satoshi ?

was that a good shot or what ??  

The next time you post here fishing for merits I will red tag you and all your alt accounts for bounty cheating, and I know you have a lot more than this.

I suspect he is not reading anything here