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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26967214 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. (174 posts by 1 users with 9 merit deleted.)
philipma1957
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August 12, 2025, 03:38:50 PM
Merited by UnDerDoG81 (1)

Thanks for all the replies. I’m not gonna quote all that though 😂

First of all, I don’t try to cash out in an illegal way. I want to do it all by following the law. It’s no joke in Germany to mess with the tax people. My cashing outs would be tax free anyway. One concern is that I don’t trust governments. And with the (climate change) agenda they are pushing, I think we don’t have a lot of time left to social credit scores and CBDC. I don’t wanna dive into conspiracies. But I don’t feel comfortable having big money on my bank account and the government having access to it.

Also I don’t plan to spend it. I still live the life I was living before Bitcoin. I just want to have something on the side for the worst case scenario of a black swan event. When I got into bitcoin it was all about “fuck Wall Street, fuck the banks, fuck the government”. And now it’s “yihaaa we have Wall Street, banks and the governments joining Bitcoin and we need them for growth”. I want to believe that Trump embraced Bitcoin after seeing the CBDC plans. But at the end I think he is just one of them.

I have trust issues and can imagine they be acting as Trojan horses in one way or another. However. Also I don’t trust Michael Saylor. It needs just one tweet like “Michael Saylor starts selling his Bitcoin” and all hell will break loose. He can talk all day about how much he believes in Bitcoin. But these people are not trustworthy. Too much wealth concentrated in one place is never good.

I probably gonna follow the plan on selling 10%. Not even by price increase I think. Just 0.1 per week dca out. Unless the price drops too much, then I keep holding. Like under 100k Euros I won’t sell. Just have to figure out what currency. Maybe some fiat on seperate bank accounts. Some as usdc. Some as USDT.

not a fan of usdc or usdt.

i would rather hold gold , silver ,actual cash and cash in the bank.

now I assume you have ten 12 year old coins

are selling one one and keeping nine.

with the great hodl you did do not freak out that you held all euro and euro dropped.

or you held all dollars and it dropped or all pounds and it dropped.


you still have nine held btc as compared to one sold soon.

what ever euros dollars or pounds do it is but a small piece of your wealth.

and jjg was out of context knocking buying some gold or silver or platinum in your particular case.
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August 12, 2025, 06:52:38 PM

After reading some informative inputs by WO members, I have seen a parallel from a book that I ve read some time ago, titled - "Wizard of Markets," The Author specifically interviews top/legendary traders who made it big in the stock market. The important thing i noted from most of the interviews and also from an anonymous trader (since he liked to respect his privacy), that there is no general rule of thumb in trading. All traders who began with zero to no expertise in the field, speaking for them, most of them had totally different backgrounds. They were all floor traders (which is the way the used to trade in the olden days).

All of  them lost money in the first few tries. Then, when they developed their own technique through their own analysis - whether fundamental/technical or just one of them or none. They made consistent wins.

Two things i noted also from the book

1) They never over trade
2) They always had a journal - which helps learn their own state of mind before analysis & trade and after.

Slowly, their balance went to millions and colossal percentages of returns.

So, it is just learning key techniques, implementing them. Finding your own way of trading - Without self-doubt, which is the key part of emotional discipline. This I think is the most important part of trading.

Overall discipline is also considered as key here. Which again, has no general rule of thumb since we are all different in our ways.

One thing I'd like to add here is that we now have various tools to back test our trading. Like paper trading (without risking real money), you can also get historical data and such from tradingview etc.

I guess these points which I have noted and which helped me in my journey will benefit the futures trading novices.



    “Do not follow where the path may lead. Go instead where there is no path and leave a trail.”
    – Ralph Waldo Emerson

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August 12, 2025, 06:58:08 PM

Well, one more thing I'd like to add. Regarding my personal journey.

I tried this and it worked. But, since I was not feeling totally satisfied I decided to change routes.

FYI, I did options.

There are two reasons. One is that I am working on a host of other projects, which really interests me and thus more fun.
Second is that I just have no patience to sit and wait till my positions will trigger and such.

I just thought to give it a try since I had some free time from my other projects.
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August 12, 2025, 07:13:00 PM

So about that billion dollar buy… He did say it was going to be Bitcoin and not Ethereum or Solana right? The market doesn’t scream that someone just smash bought a billion dollars worth of Bitcoin. I guess maybe that’s why you tell everyone afterwards instead of before, or was this all just nonsense for manipulation and clout?
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August 12, 2025, 08:03:05 PM

I did see the news screenshot about the big buy. Never bothered to care about these kindof dreams really, so i did not check time. It was just an idea that was triggered from a thought which ran in my head after seeing some WO veterans giving insightful inputs regarding trading. Trading for me is just buy and sell. If its options/futures you still buy/sell - this time you buy a contract instead of the underlying asset which here is just BTC. I never bothered to check other prices really since I was hyped from the day I saw the news about BTC in 2012 somewhere. This whole thing about bail and all. I was interested in music making that time.

I even had my antivirus detect BTCminers in my old laptop and I just thought it was some kindof virus initially since it had the word 'mining' which for me gave a negative feeling of hurting something. So I just passed it. I got into it after 2012. Well, we young boys from India had a really tough time since the unemployment rate was just huge.

Anyhoo. This is not done with any malicious intent.

The whole write up is just a basic follow through thought from the thought of having some respectable WO Members talking about trading. Since I see that this thread is getting very much more newbie views after the 120 hit. Most of them maybe afraid to ask since some 'veterans' just outright are unwelcoming.
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August 12, 2025, 08:54:21 PM

Well, David Bailey posted 5 hours ago that he was “going dark” and since then the price of BTC is up about $1,500. Was that the smash buy we witnessed? Looking at the chart it seems like there could be multiple buys from $119K to $120K. I guess we’ll hear eventually (probably soon) what actually happened.
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August 12, 2025, 08:59:28 PM

Well, David Bailey posted 5 hours ago that he was “going dark” and since then the price of BTC is up about $1,500. Was that the smash buy we witnessed? Looking at the chart it seems like there could be multiple buys from $119K to $120K. I guess we’ll hear eventually (probably soon) what actually happened.

My dear man, I had seen this the first time someone posted it. The problem for me is that my PC's Time Zone and Buddy's Time Zone are entirely different. So I don't really keep track of what happened when. And I am ok with it since I just freestyle through life (mostly) unless there is something that needs specific attention.
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August 12, 2025, 08:59:45 PM

https://www.youtube.com/watch?v=ipsPgNEmAXI
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August 12, 2025, 10:19:29 PM
Merited by UnDerDoG81 (1)

Breathes in through her nose.
Gets us all hot and bothered.
Breathes out through her ass!
#yoyohaiku
With all due respect,
Do you ever?
Regret your username?
In what way is hypebrother better than alcoHODL? GTFO

I get the impression that hypebrother is merely trying to strike up a conversation, and he just happened to not deploy a very great pick-up-line...

even though might have had been slightly better than saying: "what is a nice girl like you doing in a place like this?"

I probably gonna follow the plan on selling 10%. Not even by price increase I think. Just 0.1 per week dca out. Unless the price drops too much, then I keep holding. Like under 100k Euros I won’t sell. Just have to figure out what currency. Maybe some fiat on seperate bank accounts. Some as usdc. Some as USDT.

Those are reasonable plans.

Yet if we think selling 1% per week, then you get through your whole 10% in 10 weeks.  That seems a bit rushed.. but hey you can do what you like.

I also like the idea of selling every week (or maybe every two weeks) for some amount of BTC that you set but not executing the sale if the BTC price is below a certain amount... and $100k euro does not seem unreasonable, since it is right around the current BTC price.. the price that you started exercising these fraction of your sales.

I personally have liked price based in my earlier years of selling bitcoin, yet know as my bitcoin had appreciated in value (compounded so many more times), I am also o.k. with the deployment of time based selling of BTC, especially if there is a target, such as shave off 7% just for shits and giggles and/or comfort.

Over the years, I have talked such a big game about selling on the way up and buying back on the way down, and so surely since the BTC price has mostly gone up rather than down, my stack size has gone down a little bit since 2015.. but not even close to as much as I had projected it to go down.. so in some sense, upon looking back, I may have had prematurely classified myself as reaching overaccumulation status, yet in another sense, the BTC's price going up so much through the years (in spite some of the corrections too) and also the various (close to 9 compoundings of the value through doublings), has really contributed to the overaccumulation status becoming more and more and more true.  So, even though I had been shifting around my own assessments of what is overaccumulation status and how I might fit into my own assessement of overaccumulation status, my own behaviors through the year have not ever undermined my remaining in overaccumulation status.. which brings me back to my own suggestion about you, UnDerDoG81.  

I cannot see how selling 10% every time the BTC price doubles from here out is going to undermine your BTC stash.. starting at $100k Euro or whatever might be your measurement.  You can even plug your numbers into my table (or make your own version of such table) to see how the numbers work out..  You can put in the amount of BTC the increments of selling and the buy back, if you are planning buy backs upon certain levels of BTC falls, maybe starting out at 15% or something like that, depending on how many buy backs you might want to anticipate and at what price increments you might want to have between each of the buy backs (if you were to want to do that).

In about the past 10 months, I have been doing three pushup sets per day, and one of the three pushup sets is purposefully slow, which I consider to be a kind of plank substitute, since I don't want to do planks.
The slow pushup sets tend to be between 20 and 25 pushups and usually between about 60 seconds and 105 seconds.

So far, I have not had any of my pushup sets that I could make last longer than 105 seconds.

After right around a year and a half of daily pushups, my normal pushup sets tend to usually be between 40 and 60 pushups and usually slightly less than 1 second per pushup, even though there is some variance in regards to the speed of my regular pushup sets.
That's really good, imo.
I do sets of 15-20 with handlebars, these are better for my wrists (as a drummer that actually plays the drums sometimes) and let me go deeper. This keeps the back muscles working more, so the risk of a hunchback is smaller. Over 50 you should always workout slower, it builds (or maintains) more muscle mass and is easier on the joints, also less danger for muscle and tendon pains.
Sometimes i do superslow pushups, which take half a minute or more. Try it, it's fun and three of those get you sweating.
Also, i always start from the ground position, in my experience it helps keeping the back straight.

I am not opposed to the idea and perhaps the practice of handlebars, and surely there are some of them that have a large variety of grips, yet my initial goal when I started in the pushup challenge (on February 5, 2024) was merely to get into the practice of doing daily pushups, since it had been 14 years or so (perhaps even longer) that I had even attempted to do pushups on a regular basis.  I am pretty sure in mid-2011, I had a pushup situation in which I did a set of pushups and told myself that it hurt too much to do the pushups and considering that I had better things to do and/or better ways to exercise.  So I merely wanted to get into the habit of doing daily pushups and not wanting to get into the geekiness of various pushup styles, and mostly focusing on quantity rather than quality, even though I likely had reasonable form from the start.

There is still a bit of an inconvenience if I were to need to use some kinds of a grips pad.. so I haver continued to just do the pushups regularly... it continues to be hard enough just to continue to do them every day with my current routine, and yeah through the last year and a half (555 days as of today), I have changed some of my techniques, including timing my pushups to add another variable to what I have been monitoring... so I already mentioned that in about the past 10 months I have incorporated 1 slow pushup set per day which usually is 20 to 25 pushups over 65 to 105 seconds so sometimes 2 seconds per pushup and as slow as 5 seconds per pushup.

Sometimes there needs to be a specific reason for me to want to change something, and it can already be challenging just to keep doing them daily, including sometimes I have some complicated matters in my schedule that makes it quite difficult to do the pushups as in my routine.. and sure sometimes I do them in quasi-public areas, even though generally I would prefer to do them in private locations. 
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August 12, 2025, 10:56:17 PM

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what is this "brake pedal" you speak of?


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August 12, 2025, 11:00:30 PM
Merited by Hueristic (1)

^

wasnt the last god candle in the down direction?

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August 12, 2025, 11:32:07 PM

^

wasnt the last god candle in the down direction?



LOL, Have to post a do something meme next and piss everyone off! Smiley
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