we have blown past the Sunday the 12th/ Monday the 13th June 2022 daily close/open near $26,538.63 capitulation event
also reclaiming much of that ugly May 12th 2022 wick
see if $30k is breached....$32kish ought to be sticky so see what after that
if when we get there
steady as she goes
dyor
D
stronghands
What does it mean, though?
This is not a bull run. It's just a gyration in the market. It's noise along our predestined path downward. Six months from now the price will be a lot lower than it is.
I hope that you are wrong this time... unlike your usual (historical) "success" in making calls.
[edited out]
The rule by OP which clearly states "Do not post random comments on this thread, unless it is directly related to the last wall update" but you are too ignorant to read them.
Whoaza!!!!.... I had kind of forgotten all about that we might have some rules around here.
For some strange reason... and even that reading of such rules that may or may not actually exist like you said...
But anyhows..
Gud thing we got ourselves a newbie like uie-poo-ie to remind "us not know nuttin" entrenched folks about "what's up" in these here parts.
I was kind of presuming
(or was it assuming?) (hey and you know about what is presuming/assuming, no?) that "we" weren't as strict as your "newbie" interpretation, but hey what do I know? I did not get here until page 5 thousand something, and I might not even have had read the rules back then?
if I am membering korectamente?I am not very bothered about her nose, but I was thinking that her hair is a bit scraggly, no?..
dovish rise or hawkish pause?
currently, it looks more like dovish rise.
Not sure it matters much, especially for btc, at this juncture.
It seems pretty rare that we would not get some kind of a pause.. and the pause doesn't even really need to end up meaning very much... and gosh we still have nearly a whole weekend before banks and markets reopen, too.
I am nervous.. I must admit.[edited out]
I don't believe in your 0.63 BTC
story, but upon further reflection decided not to speculate about your 'stash' here. Maybe you should reciprocate...or not.
Stawp being no fun, as usual.
By now, you should realize we are speaking hypotheticals.. and yeah.. so what if some folks are jealous about the 0.63 BTC thing.
Fact of the matter remains that peeps gotta try to work within their own situation.. including that there are so many mistakes that can be made, but I still think that we can go through the various attempts at best practices and even bat around how the competing interests and the competing practices play out.
For real.
The idea of lump sum early on is a pretty BIG deal.. and lots of people make that mistake.
Another mistake that people make is to believe that they are being aggressive when they are fucking around with timing the market and figuring out ways to employ their ultimately whimpy lump sum injections.. and they likely end up getting less BTC than they would have been able to get with a more consistent DCA strategy that perhaps supplements with lump sum investing and/or front loading practices....
... including that it does sometimes take guys/gals a while to come around to BTC in terms of becoming more aggressive in their investment, and I believe that I am largely correct about my theories in which some guys might end up mostly thinking that they are focused on bitcoin, but they are too distracted in terms of various ways that they dilute their own new money.. and sure, in the end, we are competing with ourselves rather than others, and I am not going to concede that newbies should be engaging in attempts to time the market when overall DCA is likely a way better default practice.. .. that can be supplemented the longer that anyone is learning about investing... and coming around to building in some cushion so that both financially and psychologically they will be able to be more aggressive/assertive in their BTC investing approach.
I cannot completely be saying that I know the answers for young folks who are perhaps not having had even reached 20 years old, or in their early 20s and the building of investments takes a lot of time, so I cannot even say for sure how I would have had handled the matter since I had way more than 20 years already investing by the time I had heard about bitcoin and figured out an investment approach for bitcoin.. and surely we are not in late 2013 or even 2014 anymore when I was first building my own BTC holdings.. which does not even take away from the mistakes are made along the way proclamation.. .. which does not hurt to keep saying that because it remains true for a lot of folks who both accumulate BTC and then even if they may well have some seemingly conservative sound practices too..
Right now bitcoin is solid and my worries shifted to my fiat portfolios, bank and brokerage accounts, etc.
I am in the middle of a major reshuffle that I planned beforehand, but this week kind of pushed it forward.
Well.. that's fair enough.. Sometimes reshuffling needs to happen, which can sometimes cause some considerable shifts that might not have had otherwise happened. With my own non-BTC portion of my investment portfolio, I kind of gravitated away from it.. but I was already in a transition period in terms of my 401k anyhow... so yeah, there could be adding to the 401k and even maxing it out in terms of the employer matching but then questions about whether to max it out to the annual limit too.. .. and even for me, there was a time in mid-to-late 2014 that I had been considering converting a decent portion of my 401k proceeds into bitcoin, and I am so glad that I ended up just leaving that 401k to continue with its mediocre performance (in that it had largely performed in a less than a doubling way in those around 9 years, even though BTC performed like 20x to 27x.. .well depending on how it is counted.. and surely I like to stick with $1k as my average cost per BTC, even if there may well be some fictional aspects to that kind of a number..
you fuck... hahahahahaha)
By the way, if you ever looked at my June 29, 2022 post/chart on the topic (at the
bottom of this post), you can see (if you can figure it out) how my allocations in BTC as compared to other investments has largely played out through various points of the years since I was in bitcoin and kind of get some ideas from where I started and how it kind of changed through time.. without a whole hell of a lot of shuffling through the years and mostly sticking with the idea of letting the winners (BTC) ride (but still I do have some ongoing management techniques that I spout out about frequently in various random posts on the forum).. even though of course, I do understand that there is nothing wrong with shuffling the various assets in an investment portfolio (to the extent that they are shuffle-able or even quasi-liquid) from time to time and sometimes shuffling is justified.. perhaps? perhaps?
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