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

[El duderino_]

I'm involved till 2013, still I'm not rich 
This is what happens when you have too rigid money management, I invested very little money but I'm afraid even now, because I fear to lose my small profit.
Shit, I'll never be rich I suppose... but I hope I'll also never starve to death. What a coward I am

i indeed must say these are NO words for a legendary poster 
BUT again everybody needs to see to there own wallets ....

[1714903996]

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[BitcoinNewsMagazine]

Tera what would you use as an indicator to renter the market?  Or do you stay cashed out and rely on trading the remainder?

If I was to re-enter, I would re-enter when I see the train is clearly leaving the station (I dont need to pick the very bottom). In 2013 I reentered at $140 after the Silk Road bounce. In 2016 I didnt reenter because I had spent all the money I had cashed out in 2014 already. 0 Will I reenter anything I cashed out now? I'm not sure. Im already pretty satisfied with what I've left in already. I no longer need to be all in, plus there will probably be trades to make.

Altcoin trading and wierd miraculous 2 hour blocks of daytrading has saved my ass and kept me in the game all this time. I'm not sure how well my strategies will work for a conservative btc/usd investor without an x factor. But occasionally taking some money off the table is always a good idea.

Bitcoin failed to break through the daily 200 MA on April 23 and April 24. TA says we are in a bear market right now as daily 50 MA is below the 200 MA. We might stay in the $6500 - $9500 range for months. Your best re-entry indicator is most likely the Golden Cross when 50 MA crosses 200 MA on the daily chart on volume. If price does not get back above $10000 within a few months I expect a year long bear market. Sorry about that.

[kurious]

Me too, and as the alt in question is priced in BTC, I have got double rises when it goes up and BTC does too. Prob to about 10x of the original BTC amount. That wouldn't have happened parked in BTC.

Yes, that double bubble effect...   I know what you mean.   To see BTC rising and a good coin rising against BTC too?  Bliss!

I am not sure there are many investments as good as crypto in a lifetime.   Those who bought in, believed in and hodled something this ostensibly risky and 'out there' probably deserve their rewards.  The pain of 2014 / 15 was a tough ride.   2017 was a decent recompense, not an unjustified bit of luck.

[erre]

I'm involved till 2013, still I'm not rich 
This is what happens when you have too rigid money management, I invested very little money but I'm afraid even now, because I fear to lose my small profit.
Shit, I'll never be rich I suppose... but I hope I'll also never starve to death. What a coward I am

i indeed must say these are NO words for a legendary poster 
BUT again everybody needs to see to there own wallets ....

Hey, I'm still hodling hard!
But when I invested I went with a sum "I can afford to lose", now I have the same mentality and I feel overinvested, the only difference is that I can afford to lose my current stash, simply because they are "free money" that i didn't had before, but it would still hurt badly.
Being conservative in an hi-risk investments is not such a bad thing imho, but it would be impossible to become rich if you can't tolerate having more money in crypto than elsewhere... this is an hard game

[Kylapoiss]

I'm involved till 2013, still I'm not rich 
This is what happens when you have too rigid money management, I invested very little money but I'm afraid even now, because I fear to lose my small profit.
Shit, I'll never be rich I suppose... but I hope I'll also never starve to death. What a coward I am

Well you don't actually have to be rich, just having enough for a shelter, transportation, clothes and food is ok. Ofcourse I wouldn't try to buy them from walmart or places like that one doesn't have to be rich to have a life of good quality.

I went allin in 2013, then had to sell all my stash because of reasons late 2015, re-entered last year in November with a massive loss ofcourse comparing to the selling price. I would take that fear of yours against my hectic money management, seems to be more stable.

Hopefully I'm having more luck this time.

[Paashaas]

Bitcoin.com lawsuit reached 1000 participants, that within 1 week 

Scamming scumbag Roger Ver made a lot of victims.

“Like many others i lost money due to confusing Bitcoin Cash with the real Bitcoin … £14,500 to be exact. I’m not sure if your group will be successful but hopefully you’ll let me stick around to at least see Mr Ver given a bloody nose…”

Lawsuit details revealed soon.

http://bitcoincomlawsuit.info/

[STT]

I try to not invest in anything that requires government intervention. This includes stocks, real estate, anything bank related...

well, actually it only leaves crypto.

I would love to own real estate but I have to trust that the government that sanctions such property will not need to extract value from that property when their bills start to add up. Same with anything of value that the government could possibly manipulate. That's why I pulled out everything from my Roth IRA. The idea being that I can invest now and the government won't take taxes on it when I retire...ya, I'll believe that one when the US federal government is $21 trillion in debt.

You could invest in all those things if you counter balance it a bit with a gold holding.   Also avoid leverage is usually best as thats how banks often profit the most, from the people in the most difficult situations.
In 2008 one of the largest banks who received a bailout setup a special division to hunt down business that was relying on them, foreclose and seize the assets for a quick turnover.  They needed the cash quick to appear solvent and taking it from those who cant argue because they took a loan is the easiest way.   Bank overdraft almost always contains the warning we can withdraw and demand repayment immediately and quite a few businesses use those I think.

Otherwise I dont think they can remove your property rights so easily.  You are part of a larger group there.   The guy who called the MBS melt down now owns some bank stocks apparently M.Burry

Price has a stair case higher, looks quite steady progress overall.  9600 area would be over 61% recovery of the double peak decline for this year

[Harlot]

Good thing to see that Bitcoin is bouncing after touching the small up trend channel, and right now it is getting bullish at its get for a long time as it also has voided a head and shoulder formation by breaking the right shoulder. Confirming this small up trend is the way BTC bounce above over 9,100$ which is really big. What I am seeing is Bitcoin's biggest hurdle is going back above 9,500$ after that happens we might see Bitcoin go above 10,000$. Mid term target is about 10,600$ - 10,800$ which is achievable within a weeks or so.

[El duderino_]

I'm involved till 2013, still I'm not rich 
This is what happens when you have too rigid money management, I invested very little money but I'm afraid even now, because I fear to lose my small profit.
Shit, I'll never be rich I suppose... but I hope I'll also never starve to death. What a coward I am

i indeed must say these are NO words for a legendary poster 
BUT again everybody needs to see to there own wallets ....

Hey, I'm still hodling hard!
But when I invested I went with a sum "I can afford to lose", now I have the same mentality and I feel overinvested, the only difference is that I can afford to lose my current stash, simply because they are "free money" that i didn't had before, but it would still hurt badly.
Being conservative in an hi-risk investments is not such a bad thing imho, but it would be impossible to become rich if you can't tolerate having more money in crypto than elsewhere... this is an hard game

yes this feeling i know very well the early investment has been growing very hard and yes to lose this would be a very hard punch square in my face as well , i think for many its the same struggle especially for the hardcore hodlers ,the ones that really sitting on the same stack over the last X-years and not selling and only buying dips 

[Sitarow]

Bitcoin.com lawsuit reached 1000 participants, that within 1 week 

Scamming scumbag Roger Ver made a lot of victims.

“Like many others i lost money due to confusing Bitcoin Cash with the real Bitcoin … £14,500 to be exact. I’m not sure if your group will be successful but hopefully you’ll let me stick around to at least see Mr Ver given a bloody nose…”

Lawsuit details revealed soon.

http://bitcoincomlawsuit.info/

Could the missus of bitcoin.com and claim to be the "official" btc be considered misrepresentation and a form of bait and switch? How are they going to present this case?

[bitcoinPsycho]

Tera what would you use as an indicator to renter the market?  Or do you stay cashed out and rely on trading the remainder?

If I was to re-enter, I would re-enter when I see the train is clearly leaving the station (I dont need to pick the very bottom). In 2013 I reentered at $140 after the Silk Road bounce. In 2016 I didnt reenter because I had spent all the money I had cashed out in 2014 already. 0 Will I reenter anything I cashed out now? I'm not sure. Im already pretty satisfied with what I've left in already. I no longer need to be all in, plus there will probably be trades to make.

Altcoin trading and wierd miraculous 2 hour blocks of daytrading has saved my ass and kept me in the game all this time. I'm not sure how well my strategies will work for a conservative btc/usd investor without an x factor. But occasionally taking some money off the table is always a good idea.

Bitcoin failed to break through the daily 200 MA on April 23 and April 24. TA says we are in a bear market right now as daily 50 MA is below the 200 MA. We might stay in the $6500 - $9500 range for months. Your best re-entry indicator is most likely the Golden Cross when 50 MA crosses 200 MA on the daily chart on volume. If price does not get back above $10000 within a few months I expect a year long bear market. Sorry about that.

dont be sorry because your wrong
all my charts say 10000 just around the corner  

[vroom]

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thanks for the css part

[Karartma1]

Too calm down here, shall we expect some storm soon?
Talking about exposure I'm personally heavily invested in BTC (but paid very little from my pockets to be in such a position, mostly mining from the past). I do not wish to diversify much: this is a one timer. I will never have another opportunity like this one

[explorer]

Tera what would you use as an indicator to renter the market?  Or do you stay cashed out and rely on trading the remainder?

If I was to re-enter, I would re-enter when I see the train is clearly leaving the station (I dont need to pick the very bottom). In 2013 I reentered at $140 after the Silk Road bounce. In 2016 I didnt reenter because I had spent all the money I had cashed out in 2014 already. 0 Will I reenter anything I cashed out now? I'm not sure. Im already pretty satisfied with what I've left in already. I no longer need to be all in, plus there will probably be trades to make.

Altcoin trading and wierd miraculous 2 hour blocks of daytrading has saved my ass and kept me in the game all this time. I'm not sure how well my strategies will work for a conservative btc/usd investor without an x factor. But occasionally taking some money off the table is always a good idea.

Bitcoin failed to break through the daily 200 MA on April 23 and April 24. TA says we are in a bear market right now as daily 50 MA is below the 200 MA. We might stay in the $6500 - $9500 range for months. Your best re-entry indicator is most likely the Golden Cross when 50 MA crosses 200 MA on the daily chart on volume. If price does not get back above $10000 within a few months I expect a year long bear market. Sorry about that.

dont be sorry because your wrong
all my charts say 10000 just around the corner  

All   of your charts?

Well then.  Hang on.

[bitcoinPsycho]

Tera what would you use as an indicator to renter the market?  Or do you stay cashed out and rely on trading the remainder?

If I was to re-enter, I would re-enter when I see the train is clearly leaving the station (I dont need to pick the very bottom). In 2013 I reentered at $140 after the Silk Road bounce. In 2016 I didnt reenter because I had spent all the money I had cashed out in 2014 already. 0 Will I reenter anything I cashed out now? I'm not sure. Im already pretty satisfied with what I've left in already. I no longer need to be all in, plus there will probably be trades to make.

Altcoin trading and wierd miraculous 2 hour blocks of daytrading has saved my ass and kept me in the game all this time. I'm not sure how well my strategies will work for a conservative btc/usd investor without an x factor. But occasionally taking some money off the table is always a good idea.

Bitcoin failed to break through the daily 200 MA on April 23 and April 24. TA says we are in a bear market right now as daily 50 MA is below the 200 MA. We might stay in the $6500 - $9500 range for months. Your best re-entry indicator is most likely the Golden Cross when 50 MA crosses 200 MA on the daily chart on volume. If price does not get back above $10000 within a few months I expect a year long bear market. Sorry about that.

dont be sorry because your wrong
all my charts say 10000 just around the corner  

All   of your charts?

Well then.  Hang on.

lol . the positivity chart/optimism chart and finally the best most accurate the INEVITABILITY chart. Happy hoarding

[Last of the V8s]

[Globb0]

Wait a second, which way is the bitcoin logo tilting? Just checking if we need to get mad?

[Last of the V8s]

Can't we just all get along?

[Toxic2040]

Can't we just all get along?

Impossibru.  

*WARNING*
Bearish flipflop in progress below. Use at your own discretion.

Good morning all.

I think we will see a minor move upwards this week after some volatility over the next 24 hours. By weeks end I think we are due for a medium sized retraction. Miners are in or near profit from what I understand and there doesnt seem to be a need really for the price to be driven higher. There are more profits to be made in shitcoins for now so sideways and down short to mid term imho.


I had thought the large flat in the cloud would act as a magnet as it usually does but there just doesnt seem to be enough support at this time for a rally upwards of that magnitude.


Mid term time we have entered a flat pennant so a break in either direction is possible. Again..support seems to have capped in this range so that leads me to believe we will test resistance at lower levels.


I seem to be wrong more often than not lately so take what I am saying for what it is...speculation.

#dyor #btfd  

[jojo69]