One way or the other, I think we are going to have an explosive move soon.
Edit: within 6 hours.
The next 6 hours are critical.
TM you heard it here, first, and the soonest.
tmHairy's predictions have been pretty good lately.
Better be UP; otherwise, BTC HODLers from this thread may have to put Hairy bairy on a kind of "silent treatment" just to teach him a lesson.
well....it is getting to the point of $1,000 coin (sell it all) or $4,000 coin (sell 1/4th) all comes down to get me by till I can retire in 2.5 years with
my (by then with IMHO coming recession) 1/2 worth traditional investments and social security and Medicare.
Thus, any more dumping is probably 'meh'
I mean if it all goes to sh*t I get enough for above....if it all hangs together I can keep 1/2, 3/4 or the rest
and still, have enough for the above
which is: "I do not want to work for anyone...ever again...."
thus, with my panic 9-year old 13 BTC dump the other day..and LTC dump I can get thru this next year...so the pucker factor is reduced dramatically
(whew!)
my fear is that a LOT of people retired on crypto ..likely will have to sell some at least like me...or they had a crypto biz and were their own boss say
the last 2 or 3 years and sure as hell will dump coin...NOT to work for someone again...
damn, there are a lot of moving parts in all this...
brad
It remains kind of tough to give feedback on this kind of thing, because it is really NOT adviseable to be selling on the way down. ONLY thing is that if you sell 25% at $4k and that would prevent you from selling all of it at $1k (or selling any more on the way down), then that seems to be a better move that might get you back into the right pattern, especially if prices were to go to $1k, then maybe you could use some of the proceeds from the $4k sale to buy back or otherwise just to live with your selling decision no matter which direction the price goes.
naw...covered my ass for the next year...have a side 401k i can tap if it all goes to sh*t and still wait till 66 on traditional inverstments...all in all same buying power I ever had..even if BTC goes tulips
so dumped 13 BTC and LTC to cover this last year before Medicare....just to sleep more soundly....sell some/sell it all/sell whatever...probably is not needed at all anymore...if it is so bad to sell it all covered till retirement...if 1,2,3,4k coin same...was just 2019 that had me puckered up...
it was 200 buck btc anyway...so ...i can't complain
but as I've said before folks...get your debts paid down, get new tires on the car, do SOMETHING, I've been thru 5 recessions or some such...this next one IMHO will be in 2019 and 40% downturn in my view...if I'm wrong I'm pleasently surprised...if I'm right my coping mechanism is in full form
hopefully BTC will act as a store of value and go up a bit or at least sideways
so anyway, I'm good now till under $1k BTC and then I'd be so pissed I'd likely HODL anyway...just out of pure hatred and bile spite....man that would piss me off
damn brave a person is..when 2019 is covered 'in cash' ....and retirement is secure....work is evil!
edit: but yeah I should have sold higher....(or if this is the high...I sold just right ....shudder.....)
on that you are correct..I should have 'panic'd like a 9-year old girl at around 8.5k BTC
Poll
