JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2019, 05:23:17 PM Merited by LFC_Bitcoin (1) |
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Ok so Ive been invested in BTC since 2018 with an average cost basis of about 8k per coin. Sadly I dont see how we arent going to have at least one more huge move down well below 3k. I have orders to buy 3 more coins if we hit 2k. I dont want to sell rn but I am considering taking out a short position here. I believe in Bitcoin, but Im tired of so much losing in my first year Could a few members help me out and post their best argument for why we already saw the bottom, or their best argument of why we are gonna have another big move to new lows. Thank you in advance. Stop worrying about shorting the final gasp of the bear market and start thinking about when you are going to long the bottom and how you are going to do it. Much more profitable. Exactamente, hairybeary. Expressed another way is that selling (currently) is one level of risk that is exacerbated by shorting. Regarding Falcon Lover's point about wanting to be convinced that the bottom is NOT already "in" seems to be a hope to convince him/her/itself of that. Largely, no one really knows if the bottom is "in" or not, and even though I still believe that we are currently "in" a bear market (which merely means that the odds of short-term price movements down are greater than they are for up), that "bear market assessment" does not conclusively establish that the BTC price is going to go lower than its current local low of $3,122. If I am being charitable, maybe the odds are 60% that a new low could come, and I am quite reluctant to even consider the odds to be that high. In other words, betting more than 60% of your holdings on a new low coming seems like a gamble that is against the odds.
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JayJuanGee
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Activity: 3850
Merit: 10873
Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2019, 05:26:55 PM |
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.......TheHeron is awol or so it appears.......
Who is "TheHeron?"
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El duderino_
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Activity: 2646
Merit: 12951
BTC + Crossfit, living life.
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January 11, 2019, 05:32:18 PM |
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via Imgflip Meme GeneratorFor those understanding poker ..... I raise preflop, fish calls.... flop j94 rainbow.... sb opens I push all in and he calls Please let him keep playing Mic running a little behind @the Total balance of 3 sessions Come sunday or next week
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RealMachasm
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Activity: 187
Merit: 25
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January 11, 2019, 05:33:06 PM Merited by JayJuanGee (1) |
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Just picked up another 0.2 BTC. First buy for a loooong time. Time for BTC to head North.
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bitcoinPsycho
Legendary
Online
Activity: 2618
Merit: 2369
$120000 in 2024 Confirmed
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January 11, 2019, 05:35:10 PM Merited by JayJuanGee (1) |
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Just picked up another 0.2 BTC. First buy for a loooong time. Time for BTC to head North.
I will see your .2 and raise you .2 Just bought .4 Nice
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JayJuanGee
Legendary
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Activity: 3850
Merit: 10873
Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2019, 05:38:32 PM |
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Ok so Ive been invested in BTC since 2018 with an average cost basis of about 8k per coin. Sadly I dont see how we arent going to have at least one more huge move down well below 3k. I have orders to buy 3 more coins if we hit 2k. I dont want to sell rn but I am considering taking out a short position here. I believe in Bitcoin, but Im tired of so much losing in my first year Could a few members help me out and post their best argument for why we already saw the bottom, or their best argument of why we are gonna have another big move to new lows. Thank you in advance. Stop worrying about shorting the final gasp of the bear market and start thinking about when you are going to long the bottom and how you are going to do it. Much more profitable. I have thought about this, thats why I said I have orders to buy 3 more coins at 2k. Thats all I can afford to lose. It will bring my total investment to almost 40k. I will not invest another dollar after that. All ive known investing in Bitcoin is a terrible bear market and its hard not to worry as early adopters dump on my face , but thank you for the advice. Im interested in hearing other Bitcoiners best argument(s) as to why the bottom is not in yet(i believe it isnt but hope im wrong). If you have one id love to hear it. If not thanks anyway. Get a fucking grip, Falcon Lover, over your own situation. Your continued whining (in a second post), after Hairybeary provided you with a reasonable response, shows that you are participating in this thread to merely spout out nonsense, and based on your assertiveness in this regard, including that you want to put the burden on others here to establish that the "bottom is in", shows that you are not really posting in good faith. Get a fucking grip.
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ðºÞæ
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Activity: 1176
Merit: 297
Bitcoin © Maximalist
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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January 11, 2019, 05:52:45 PM |
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.......TheHeron is awol or so it appears.......
Who is "TheHeron?" TheCactus/rosewater/mayorbitcorn not least maybe also all these lambie slayers and falcon lovers etc
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El duderino_
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Activity: 2646
Merit: 12951
BTC + Crossfit, living life.
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January 11, 2019, 05:54:00 PM |
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.......TheHeron is awol or so it appears.......
Who is "TheHeron?" TheCactus/rosewater/mayorbitcorn not least maybe also all these lambie slayers and falcon lovers etc It hurts my eyes..... both of them That awefull avatar 🤨
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JayJuanGee
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Activity: 3850
Merit: 10873
Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2019, 05:54:49 PM |
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Electrum is going to be "fucked" if they are not able to take measures to offset some of their ongoing negative press.
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Last of the V8s
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Merit: 4392
Be a bank
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January 11, 2019, 05:59:30 PM |
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What's interesting is that the blacklist doesn't apply to the keywords such as "ico", "bitcoin", "eos" etc. We also tried VPNing to multiple different countries and it seems that no ads with "Ethereum" in the search term are showing up anywhere. aha ahhaaah hahahahaha
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VB1001
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Merit: 2540
<<CypherPunkCat>>
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January 11, 2019, 06:08:26 PM |
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Electrum is going to be "fucked" if they are not able to take measures to offset some of their ongoing negative press. Yes. The best thing for me is to generate paper wallet offline and cryptosteel and a small amount for trading.
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Last of the V8s
Legendary
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Merit: 4392
Be a bank
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January 11, 2019, 06:36:48 PM |
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fuck that guy
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JayJuanGee
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Activity: 3850
Merit: 10873
Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2019, 06:43:12 PM |
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Electrum is going to be "fucked" if they are not able to take measures to offset some of their ongoing negative press. Yes. The best thing for me is to generate paper wallet offline and cryptosteel and a small amount for trading. If you have more than $1,000 of value in bitcoin (and perhaps other crypto), then it can also be reasonable to invest in some kind of hardware wallet. I prefer Trezor over Ledger in regards to current hardware wallets that are available. I understand that there are several other hardware solutions that are available that I have not studied into. I am a bit nervous about paper wallets, but mostly based on my own lack of experience in using them.
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Toxic2040
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January 11, 2019, 06:44:31 PM Merited by JayJuanGee (1) |
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Ok so Ive been invested in BTC since 2018 with an average cost basis of about 8k per coin. Sadly I dont see how we arent going to have at least one more huge move down well below 3k. I have orders to buy 3 more coins if we hit 2k. I dont want to sell rn but I am considering taking out a short position here. I believe in Bitcoin, but Im tired of so much losing in my first year Could a few members help me out and post their best argument for why we already saw the bottom, or their best argument of why we are gonna have another big move to new lows. Thank you in advance. Stop worrying about shorting the final gasp of the bear market and start thinking about when you are going to long the bottom and how you are going to do it. Much more profitable. I have thought about this, thats why I said I have orders to buy 3 more coins at 2k. Thats all I can afford to lose. It will bring my total investment to almost 40k. I will not invest another dollar after that. All ive known investing in Bitcoin is a terrible bear market and its hard not to worry as early adopters dump on my face , but thank you for the advice. Im interested in hearing other Bitcoiners best argument(s) as to why the bottom is not in yet(i believe it isnt but hope im wrong). If you have one id love to hear it. If not thanks anyway. Get a fucking grip, Falcon Lover, over your own situation. Your continued whining (in a second post), after Hairybeary provided you with a reasonable response, shows that you are participating in this thread to merely spout out nonsense, and based on your assertiveness in this regard, including that you want to put the burden on others here to establish that the "bottom is in", shows that you are not really posting in good faith. Get a fucking grip. I gave you a merit for having the balls to come in this thread and post what appears to be a succinct question. However, I would caution against using/posting monetary amounts and instead use percentages that indicate your portfolio allocations. Not only is this how gentlemen should behave imo, it is just good opsec that should be practiced by all. Especially when considering where you are posting such information. The merit and DT systems where put in place on this forum board for reasons beyond just identifying eloquent and prolific members. There are many colored hats that swim these waters... Simply put..dont paint a target on your back if unnecessary. ---- To answer your question beyond what the v8 said, Karhu demands blood...we are here to give when needed. -------------------- Please let him keep playing
82% post flop...ouch. +1 WOsMerit
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El duderino_
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Activity: 2646
Merit: 12951
BTC + Crossfit, living life.
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January 11, 2019, 06:45:59 PM |
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^ He had 14% to win the hand Worst bad beat today
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bitserve
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Merit: 1477
Self made HODLER ✓
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January 11, 2019, 06:48:09 PM Last edit: January 11, 2019, 07:10:21 PM by bitserve Merited by vapourminer (1), JayJuanGee (1), VB1001 (1) |
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Electrum is going to be "fucked" if they are not able to take measures to offset some of their ongoing negative press. Yes. The best thing for me is to generate paper wallet offline and cryptosteel and a small amount for trading. If you have more than $1,000 of value in bitcoin (and perhaps other crypto), then it can also be reasonable to invest in some kind of hardware wallet. I prefer Trezor over Ledger in regards to current hardware wallets that are available. I understand that there are several other hardware solutions that are available that I have not studied into. I am a bit nervous about paper wallets, but mostly based on my own lack of experience in using them. The problem I see with paper wallets is that you will sometime need to use a software wallet to "redeem" them so you are back to point one. Of course you could use an offline computer to run the software wallet, import the paperwallet and sign the transaction but then again, you could do that with a hardware wallet for added security (hardware wallet + offline computer). One argument in favor of paper wallets is that you can spread your stash over several ones with different keys... But if your stash is worth enough you can also spread it onto several different hardware wallets (with different seeds)... and maybe even some paper wallets. If I had to chose between hardware wallet vs paperwallet for a modest holding I would chose hardware wallet. Each option has its risks, but that is my opinion and choice. P.S.: And yes, if one's stash is worth 10x+ the cost of the hardware wallet I consider it a more than reasonable investment.
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bitserve
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Self made HODLER ✓
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January 11, 2019, 07:13:55 PM |
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For those understanding poker ..... I raise preflop, fish calls.... flop j94 rainbow.... sb opens I push all in and he calls Please let him keep playing Mic running a little behind @the Total balance of 3 sessions Come sunday or next week I don't really understand but... REKT HIM BADLY FFS!
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serveria.com
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Privacy Servers. Since 2009.
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January 11, 2019, 07:25:30 PM |
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Just picked up another 0.2 BTC. First buy for a loooong time. Time for BTC to head North.
I will see your .2 and raise you .2 Just bought .4 Nice Hey good idea! I dare every WO member to buy at least 0.2BTC! Let's support our beloved BTC! Let's pump it ourselves!
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