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

[bitserve]

So I need to ask, how many of you have basically hodl from the ATH till now.

Sodl two batches on the way down from the ATH to fund my early retirement.

Have not sodl anything since late January 2018.

I did originally plan on dumping at least another $1M before December 31st, but not at these prices.

Looking to buy at least another 200 BTC if the price drops below $1k.

Yeah, I know. I think your case is one of the most detailed during the past year. I would say you did pretty well, not only because of your more than healthy stash, but the timing of the sells, while not perfect, was pretty good in hindsight. IIRC you sold your first batch at around $17K which is as close as the ATH as it can be.

Your accomplishment is inspiring and VERY instructive. Congrats again

P.S.: Interesting to know that you have plans to even rebuy what you sold if the price drops so much, but.... considering the size of your remaining stash, don't you think if that happens ($1000) you would be so pissed off that last thing you would do is rebuy more? Just asking....

[1714029904]

1714029904

[1714029904]

1714029904

[Biodom]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

Not liquid enough for me and requires a level of trust. A nice cold wallet stuffed with coin will do the trick.

I hear you, but there is a question of using IRA funds.
I can use some currently unneeded IRA funds (maybe in 5%-10% area) to buy into ETF and/or Bakkt (that would be settled daily into physical btc).
I don't want to buy any more stocks or bonds, lol.

[babanana]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

This is my plan actually, well, with wife's permission.

We'll empty our bank accounts again to change it to Btc. Live off with our paychecks like we used to.

Planning to snatch 2-3k btc off manipulators.

A bit too risky of a move to me, Never get the wife in a position to fucking hate and resent you if shit goes sour. Too little to gain for risk and reward.

I now know for a fact that you’re currently married or divorced because you understand the game. No amount of money in the world and make up for living in hell.

She's fine with the risk but only jealous of time I spent on BTC market and forums.

[HI-TEC99]

Trying to time the bottom is  not smart.  Those calling for 2k prices will most likely be left behind and won't buy until the bulls come back and the fomo kicks in.  Always cost average.

Also for the married guys, lol.  Who the F#$@ gets married.?

In 2015 it didn't matter if you bought at $150 or $300 provided you hodled. There were "experts" advising waiting untill double digits before buying.

Buying in at today's price is better than buying in at $20000.

[QuestionAuthority]

I don't see why a male with common sense would get married, makes absolutely zero sense.

Only guys I know that get married are true betas that worship women.

 Mainly because it gives me someone to shoot my cum in to that I don’t have to pretend to like.

[sirazimuth]

below 3638

a lot of coins being bought here though

$2500 test soon...! weee

Not sure what’s more annoying...
Bitcoin crash or your useless posts. I’m leaning towards the latter.
The wee thing is beyond worn out .Give it up.
Seriously, just give it up already.

[PoolMinor]

I don't see why a male with common sense would get married.

Only guys I know that get married are true betas that worship women.

[HairyMaclairy]

I don't see why a male with common sense would get married.

Only guys I know that get married are true betas that worship women.

https://www.health.harvard.edu/newsletter_article/marriage-and-mens-health

[QuestionAuthority]

If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

Not liquid enough for me and requires a level of trust. A nice cold wallet stuffed with coin will do the trick.

I hear you, but there is a question of using IRA funds.
I can use some currently unneeded IRA funds (maybe in 5%-10% area) to buy into ETF and/or Bakkt (that would be settled daily into physical btc).
I don't want to buy any more stocks or bonds, lol.

It sounds like you have tax concerns. That would be a good reason to do it. I’ve just been around here so fucking long that I have absolutely no trust in any one that runs any business even remotely connected with bitcoin. Too much water under the bridge dude. 

[mindrust]

Can’t believe this, there’s no real reason for this kind of dumping. Down nearly 40% in a month. At this rate I just don’t know how low we can go.

This is really hard watching your investment turn to shit.

I’m not selling though.

This morning opened my eyes to 3.6k weeee

At this point I would rather take my coins to my grave than selling.

[CoinCube]

Thanks for the detailed reply. Yeah, what you say is perfectly reasonable among the possible scenarios.

Also it seems, that even if you sold some substantial part of your stash on the way up, you mostly didn't take advantage of the opportunity of $10K+ to $19K... as I suspect is the case of most here.

I sold a little in that range but my overall average sell price was somewhere around 6.5k.

That felt terrible when BTC shot up to near 20k right after I sold.
Now not so much.

I am confident the day will come when I feel terrible about selling at that price again.

I just think it will take a little while.

[somac.]

Trying to time the bottom is  not smart.  Those calling for 2k prices will most likely be left behind and won't buy until the bulls come back and the fomo kicks in.  Always cost average.

Also for the married guys, lol.  Who the F#$@ gets married.?

In 2015 it didn't matter if you bought at $150 or $300 provided you hodled. There were "experts" advising waiting untill double digits before buying.

Buying in at today's price is better than buying in at $20000.

Yeah this is the way I look at it.

excluding trading, I will be hodling like always and buying more every payday. The more we go down in price the bigger my btc purchases are with the same amount of fiat.

[bones261]

Just dipped my toe in the water and bought a whopping .01BTC today at about $3715. Not sure when I will ever have the kahunas to take the plunge. Maybe BTC just isn't for me. I'm too risk adverse. Probably all the hard knocks that I had served to me during my gambling escapades in the past.

[Ibian]

Divorce is the leading cause of suicide for men and the divorce rate is well north of 50%. No fucking way.

Then there is all the ridiculous stuff. Nevermind the pandemic of false rape charges, a woman is suing a man for "stretching her vagine with his unusually large dick so it has become loose". This shit is only going to get worse, and so will the divorce laws, which is also to say, the divorce incentives.

[TheCactus]

I'm selling everything. You win

[CoinCube]

Divorce is the leading cause of suicide for men and the divorce rate is well north of 50%. No fucking way.

Then there is all the ridiculous stuff. Nevermind the pandemic of false rape charges, a woman is suing a man for "stretching her vagine with his unusually large dick so it has become loose". This shit is only going to get worse, and so will the divorce laws, which is also to say, the divorce incentives.

There is no doubt that divorce is very bad news. However, it is a risk which can be minimized.

Married Couples Who Attend Church Services Together Are Less Likely to Divorce
http://www.christianpost.com/news/married-couples-who-attend-church-services-together-are-less-likely-to-divorce-study-171853/

Married couples who attend church services together are more likely to live longer, are less likely to be depressed, and less likely to get divorced, according to a new study conducted by a professor at the Harvard School of Public Health.

The study, titled "Religion and Health: A Synthesis," conducted by Tyler J. VanderWeele, professor of epidemiology at the Harvard School of Public Health, noted that religious service attendance is connected to "better health outcomes, including longer life, lower incidence of depression, and less suicide," the Institute for Family Studies noted on Tuesday.

According to the study, religious service attendance is also "associated with greater marital stability — or more specifically, with a lower likelihood of divorce."

Married couples who attend religious services are 30 to 50 percent less likely to get divorced than those who do not, the study asserts. Such couples are also nearly 30 percent less likely to be depressed and, over a 16-year follow-up period, were shown to have significantly lower risk of dying.

...

Though some might criticize the marital stability data by suggesting that those contemplating divorce might be more likely to stop attending religious services, the researchers took that into account.

By looking into the timing of changes in religious service attendance, VanderWeele said, "we were able to control for this possibility, and the results persisted: those who attended religious services were 47 percent less likely to subsequently divorce."

"Religion is, of course, not principally about promoting physical health or decreasing the likelihood of divorce, but about communion with God," he said, and efforts to commune with God have "profound implications for numerous other aspects of life, including health and marriage."

While Christians understand and interpret the word "religion" and everything it entails differently than academic researchers, the operative definition VanderWeele posits for the study is: "the pursuit of complete human well-being: physical, mental, social, and spiritual."

Taken together, "religion is about both communion with God and the restoration of all people to their intended state of complete wholeness and well-being. The evidence suggests that it can indeed accomplish both," he said.

...

"The religious community provides social support, a constant reinforcement and reminder of the religious teachings, family programs, and a communal worship and experience of God. I would not say that good marriages need a community to thrive, but it certainly does help!"

Also further improvements in ones odds can likely be obtained if one chooses a spouse with an understanding of what matters most in life.

https://www.prageru.com/courses/life-studies/what-matters-most-life

[Ibian]

Divorce is the leading cause of suicide for men and the divorce rate is well north of 50%. No fucking way.

Then there is all the ridiculous stuff. Nevermind the pandemic of false rape charges, a woman is suing a man for "stretching her vagine with his unusually large dick so it has become loose". This shit is only going to get worse, and so will the divorce laws, which is also to say, the divorce incentives.

There is no doubt that divorce is very bad news. However, it is a risk which can be minimized.

<religious snip>

Also further improvements in ones odds can likely be obtained if one chooses a spouse with an understanding of what matters most in life.

https://www.prageru.com/courses/life-studies/what-matters-most-life

No. Just no. There is no way to credibly reduce the risk to something even approaching acceptable levels.

It's all about incentives. Women, especially the women we have today, don't actually have the ability to love like they did a few generations ago. It's all about immediate incentives, little things like taking half of everything you own plus future income plus money for the children that can be spent in whatever way she wants. It's the entire system that's fucked.

[Elwar]

I don't see why a male with common sense would get married, makes absolutely zero sense.

Only guys I know that get married are true betas that worship women.

 Mainly because it gives me someone to shoot my cum in to that I don’t have to pretend to like.

There are cheaper ways of doing this.

[QuestionAuthority]

I don't see why a male with common sense would get married, makes absolutely zero sense.

Only guys I know that get married are true betas that worship women.

 Mainly because it gives me someone to shoot my cum in to that I don’t have to pretend to like.

There are cheaper ways of doing this.

True, but not as convenient.

[Elwar]

I don't see why a male with common sense would get married, makes absolutely zero sense.

Only guys I know that get married are true betas that worship women.

 Mainly because it gives me someone to shoot my cum in to that I don’t have to pretend to like.

There are cheaper ways of doing this.

True, but not as convenient.

*in the US