infofront (OP)
Legendary
Offline
Activity: 2646
Merit: 2791
Shitcoin Minimalist
|
|
January 18, 2018, 07:13:26 PM |
|
FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)
Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.
Mentally "OK" will selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.
What's your retirement strategy in regards to balancing fiat and bitcoin?
|
|
|
|
thrax
|
|
January 18, 2018, 07:14:43 PM |
|
FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)
Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.
Mentally "OK" will selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.
What banking issues do you get when moving huge amounts of money from an exchange to a bank account?
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
January 18, 2018, 07:30:27 PM |
|
|
|
|
|
User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
|
|
January 18, 2018, 07:31:12 PM |
|
FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)
Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.
Mentally "OK" with selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.
EDIT: a word
All these retirement posts. Smells like a top.
|
|
|
|
jojo69
Legendary
Offline
Activity: 3234
Merit: 4415
diamond-handed zealot
|
|
January 18, 2018, 07:40:11 PM |
|
I'm bored
|
|
|
|
Biodom
Legendary
Offline
Activity: 3822
Merit: 4099
|
|
January 18, 2018, 07:41:56 PM |
|
FWIW, I'm HODLing until at least next week. Still on track for end of Q1 retirement. Resolving some banking and exchange issues with making sure wire transfers are cleanly hitting the target account (... have I mentioned how silly the entire banking system is ?)
Still in the process of moving off the first large chunk of fiatcoin off the exchange, and don't want to load up any more until the USD balance reads $0. Over half-way there at this point.
Mentally "OK" with selling the next chunk @ $12.5k USD/BTC, but my gut tells me we're going to head above that by the time I'm ready to cash out again, sometime mid next week.
EDIT: a word
In the other news: "Bitcoin has been undergoing a slight dip as the notorious self described "gay cowboy" bitcointalk message board poster was selling to finance his presumably lavish "retirement" style."
|
|
|
|
Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
|
|
January 18, 2018, 07:44:41 PM |
|
Compared to other threads on bitcointalk, reddit, twitter, facebook.
It seems everybody in this thread is chill and hodling.
Guess being an old adopter comes with its perks.
If you attended the WO thread during the dark days of 2014/2015, well those last two days are just nothing compared. We saw bitcoin coming to where it is now. What did I learn from those days? The following:
|
|
|
|
Torque
Legendary
Offline
Activity: 3626
Merit: 5139
|
|
January 18, 2018, 08:12:10 PM |
|
Compared to other threads on bitcointalk, reddit, twitter, facebook.
It seems everybody in this thread is chill and hodling.
Guess being an old adopter comes with its perks.
The problem is that the crypto kiddies don't really have any skin in the game to see things play out long term. If they put in $300 or even $1000 and they end up with 50% profit (say $1500), they cash out and go blow it on something stupid. Presumably because their mind tells them "Well I'll never get wealthy on $1500 anyway, might as well just spend it then." Meanwhile they continue to run up their credit cards and work hand-to-mouth, essentially forever. This is the mindset of the forever poor. They can't conceive of how to turn that $1500 into $5k, then $20k, then $100k, and so on until they have some real wealth. This is why there aren't more millionaires running around in every country of the world. No long term vision, no patience, and no discipline. It can take a decade or two to build real wealth, which so many don't have the vision or patience for.
|
|
|
|
OWZ1337
Member
Offline
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
|
|
January 18, 2018, 08:20:05 PM |
|
Compared to other threads on bitcointalk, reddit, twitter, facebook.
It seems everybody in this thread is chill and hodling.
Guess being an old adopter comes with its perks.
The problem is that the crypto kiddies don't really have any skin in the game to see things play out long term. If they put in $300 or even $1000 and they end up with 50% profit (say $1500), they cash out and go blow it on something stupid. Presumably because their mind tells them "Well I'll never get wealthy on $1500 anyway, might as well just spend it then." Meanwhile they continue to run up their credit cards and work hand-to-mouth, essentially forever. This is the mindset of the forever poor. They can't conceive of how to turn that $1500 into $5k, then $20k, then $100k, and so on until they have some real wealth. This is why there aren't more millionaires running around in every country of the world. No long term vision, no patience, and no discipline. It can take a decade or two to build real wealth, which so many don't have the vision or patience for. ya these millennials even if you gave them wealth ~ do they know what to do with it? Investing in the real world is a loooong and boring game that takes immense patience...this fast food society :\ meh
|
|
|
|
yonton
|
|
January 18, 2018, 08:24:29 PM |
|
12000 resistance is getting weaker
|
|
|
|
Paashaas
Legendary
Offline
Activity: 3489
Merit: 4509
|
|
January 18, 2018, 08:28:51 PM |
|
Making (life changing) profits is nice but it should not be youre main focus. A lot of projects comming oure way to achieve financial freedom.
Fck banksters, Fck goverments, Fck this rotten financial fiat debt slave pyramid ponzi slave system, Fck Roger Ver and his shills.
Bitcoin gives the power back to the people that is by orders of magnitude more important.
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
January 18, 2018, 08:33:25 PM |
|
What's with $200 spread on Bitfinex vs everyone else ?
Perhaps a big short on finex?
|
|
|
|
Deeyoh
Member
Offline
Activity: 258
Merit: 14
|
|
January 18, 2018, 08:36:53 PM |
|
Noticed that earlier during the 1000BTC $12k sell wall break through this morning. All the other exchanges broke through but Bitfinex never made it past 11,900. Looks like a bearwhale wanted to offload or maybe trying to cover huge shorts.
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
January 18, 2018, 08:40:54 PM |
|
Not the beaches again. Grrr. i was kinda hoping for the hills this time.
|
|
|
|
yonton
|
|
January 18, 2018, 08:41:01 PM |
|
Bittrex, polo and many others haven't broken 12000 yet. Actually it was only gdax and bitstamp that had a fake break. My finger is reaching for full margin.
|
|
|
|
xhomerx10
Legendary
Offline
Activity: 3906
Merit: 8357
|
|
January 18, 2018, 08:54:41 PM |
|
Compared to other threads on bitcointalk, reddit, twitter, facebook.
It seems everybody in this thread is chill and hodling.
Guess being an old adopter comes with its perks.
The problem is that the crypto kiddies don't really have any skin in the game to see things play out long term. If they put in $300 or even $1000 and they end up with 50% profit (say $1500), they cash out and go blow it on something stupid. Presumably because their mind tells them "Well I'll never get wealthy on $1500 anyway, might as well just spend it then." Meanwhile they continue to run up their credit cards and work hand-to-mouth, essentially forever. This is the mindset of the forever poor. They can't conceive of how to turn that $1500 into $5k, then $20k, then $100k, and so on until they have some real wealth. This is why there aren't more millionaires running around in every country of the world. No long term vision, no patience, and no discipline. It can take a decade or two to build real wealth, which so many don't have the vision or patience for. Most of the GDP of nearly every country stems from consumer spending. Those long term gains built from your patience and vision depend on it. If everyone tried to live as you, it would be much more difficult for you and me to build real wealth. Shhhhh...
|
|
|
|
Elix9
Newbie
Offline
Activity: 56
Merit: 0
|
|
January 18, 2018, 09:02:57 PM |
|
Oof
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
January 18, 2018, 09:03:20 PM |
|
Fck banksters, Fck goverments, Fck this rotten financial fiat debt slave pyramid ponzi slave system, Fck Roger Ver and his shills.
♫♩♩♩♩♫♫ One of these things is not like the others ♫♩♩♩♫♫ One of these things ain't really the same
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
January 18, 2018, 09:07:34 PM |
|
yeah no one wants to fuck Ver that's for sure
|
|
|
|
infofront (OP)
Legendary
Offline
Activity: 2646
Merit: 2791
Shitcoin Minimalist
|
|
January 18, 2018, 09:20:20 PM |
|
Fck banksters, Fck goverments, Fck this rotten financial fiat debt slave pyramid ponzi slave system, Fck Roger Ver and his shills.
♫♩♩♩♩♫♫ One of these things is not like the others ♫♩♩♩♫♫ One of these things ain't really the same Like most things, that depends on your perspective.
|
|
|
|
|