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

[Cryptotourist]

I'd like to share something, I picked up the hard way.

Greed kicking in, is usually the case.
It mainly applies to shitcoins, but also to BTC.

NEVER EVER, FALL IN LOVE WITH YOUR COINS.

Let's not forget why we are here. To improve our quality of life - somebody wrote that the other day.
You got to know when to take the profit/loss.
But the most difficult thing is to find the balls to follow through.
You have to think rationally & dig deep.

Shorted almost all of my alts with a loss (~40%) during last summer. Bought BTC.
Shorted that BTC in November just before the big leg down (thnx WO). Bought it back the following month.
Still buying BTC every week now. I have a yearly target to meet.
Did I loose to my alts? Not much all things considered.
Do I own alts? Yes, recently been buying back a little. They will eventually max out at 15-20% of the total investment.
The whole point of shitcoins is to acquire more BTC - not the opposite.
What will always be the first thing to sell in profit? Alts. Shorting BTC requires an extraball, & ffs always HODL some.

Personally the last two years have been a huge learning experience.
And it's only getting better.
You degenerate fuckers.

Thank you.

[El duderino_]

hat update and increasing


still in progress ? ssmc,bitebits,biodom,majormax,lauda,somac. etc........ pfffffffff   MANY HAT's created THX 

HAT UPDATE TIME ........ again THX XhomerX for this nice work
few more on the page

user count keeps increasing    (i only have the first prints )

Is there room for an Arnold one on there please?

FINALLY, hope XhomerX having time short term ..... but what for one any movie related one or just schwarzie ?

common comrade XhomerX

[mattimann]

I'd like to share something, I picked up the hard way.

Greed kicking in, is usually the case.
It mainly applies to shitcoins, but also to BTC.

NEVER EVER, FALL IN LOVE WITH YOUR COINS.

Let's not forget why we are here. To improve our quality of life - somebody wrote that the other day.
You got to know when to take the profit/loss.
But the most difficult thing is to find the balls to follow through.
You have to think rationally & dig deep.

Shorted almost all of my alts with a loss (~40%) during last summer. Bought BTC.
Shorted that BTC in November just before the big leg down (thnx WO). Bought it back the following month.
Still buying BTC every week now. I have a yearly target to meet.
Did I loose to my alts? Not much all things considered.
Do I own alts? Yes, recently been buying back a little. They will eventually max out at 15-20% of the total investment.
The whole point of shitcoins is to acquire more BTC - not the opposite.
What will always be the first thing to sell in profit? Alts. Shorting BTC requires an extraball, & ffs always HODL some.

Personally the last two years have been a huge learning experience.
And it's only getting better.
You degenerate fuckers.

Thank you.

well said...

[rdbase]

micgoossens, you flipping burgers at mickey d's now?

bear markets sure are rough.....

Congrats on the new job, micgoosy!

yeah, taking r0ach's advice, he's a smart man after all

So when you landing that orange lambo to drive to your new job? *searches for that pic posted a few weeks back of your ride*
If they offered me a lambo I would work there too.

[El duderino_]

micgoossens, you flipping burgers at mickey d's now?

bear markets sure are rough.....

not yet but close to going, first gonna keep trying my luck with the poker game.... tomorrow having a game so better be lucky and having a good sleep, but still we always play in and for precious BTC, so it better stays alive and well

[El duderino_]

https://twitter.com/RedditBTC/status/1093231456959254530

[El duderino_]

gonna stay away for the day

[ivomm]

When we were reaching 400 usd in 2014... and we have to deal with daily NotLambChop coyote gifs.. i dreamt of 3200 usd.. so unreachable!

Now that we went to the moon and back, i can only dream of next trip.. will it be to 120k, with stops at 40k..60k?.. time will tell.

Good things come to those who wait.. (i hope we dont starve in the meantime)  

I remember those times brother. He was a professional troll, mocking us every day. Posting old guys sucking each others dicks etc. He/she was annoying AF.

I think the high of the next cycle will shock us all. I need to be prepared to sell some tgis time to achieve my life goals though. I still haven’t worked out at what figure I’m happy to sell some yet though

I've been thinking the same thing recently. But how one can be happy to sell some significant chunk and see in several years a 100x increase? This will be more devastating than going through the bearish 2018. Those who sell now are the worst losers. They either believe they will rebuy it cheaper (is it worth to risk for another 10-20%?!?) or completely lost the faith that Bitcoin will recover to 6K for starters. Trolls are laughing at us when we speak of reaching again the ATH, but it can and it will happen again! It is possible, although not looking realistic today, that in 2 years even the 100K party dreamers to be schocked when Bitcoin reaches 200K. For me the worst Bitcoin can do is to reach the 20K after 2 years. It looks more probable from today's perspective, but who knows what will happen in reality?!? I don't want to be left behind by selling before 20K. It will be a real struggle, but if I don't need money, it will be better to wait even with the risk of seeing another crash.

[Ibian]

4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.

Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.

As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market.

I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further.

Bring your anchor baby with you. That's what the anchor fucking means.

What? Babies go where the parents go.

[HI-TEC99]

hat update and increasing

   



= COME ON gentlemand !!!
=just a future thing, but this brother will be wearing it

still in progress ? ssmc,bitebits,biodom,majormax,lauda,somac. etc........ pfffffffff   MANY HAT's created THX  

HAT UPDATE TIME ........ again THX XhomerX for this nice work
few more on the page

user count keeps increasing   (i only have the first prints )

Is there room for an Arnold one on there please?

I'm sure there is. Here's an Arnold picture if you can't find a suitable image.

[El duderino_]

^
Even in that age with the body he carried... its amazing, bring me another man as succesfull as Arnold in that many different skills/area’s
Whatever he ain’t not listening to NAYSAYERS .....

[rdbase]

Even more intrigue about the quadrigacx conspiracy theories.
https://www.youtube.com/watch?v=tiy1K6-mf4s
From this other thread about it
https://bitcointalk.org/index.php?topic=984498.msg49618855#msg49618855

[rdbase]

micgoossens, you flipping burgers at mickey d's now?

bear markets sure are rough.....

Congrats on the new job, micgoosy!

yeah, taking r0ach's advice, he's a smart man after all

So when you landing that orange lambo to drive to your new job? *searches for that pic posted a few weeks back of your ride*
If they offered me a lambo I would work there too.

Found it!   My mistake. It was LFCbitcoins ride.

Just filling out a job application for my local McDonalds, getting ready for being poor seems a good idea right now

can't do that man that's not nice

Actually you would get a car if you work at McDonalds.
Just not as a nice one that LFC has.
https://www.ajc.com/news/mcdonald-employee-gets-free-car-from-kansas-businessman/HliHsqXrqtAkuaahNwFWbL/

Atleast his matches the restaurants logo.

[becoin]

You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

 

[Last of the V8s]

https://www.theblockcrypto.com/2019/02/06/analysis-binance-brought-in-446-million-in-profits-in-2018-despite-the-bear-market/
funds are notu badu

[Last of the V8s]

https://duckduckgo.com/html?q=swerved%20to%20avoid%20octopus

[Cryptotourist]

You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

I feel you, it's easy for you to judge & say that, but you don't really know me mate, so no.
It is very clear in my mind, when it comes to BTC when to sell what.
The selling points are already fixed. Maybe you freaked out when I wrote that I shorted the BTC I got from my shitcoins. Only.

When I introduced myself, I mentioned that I mined BTC & LTC back in 2013-2014.
I didn't loose any money then, nor did I make any. I eventually did loose all those coins, but never sold them.

Also I didn't believe so much in BTC at that time.
Came back mid 2017. That's were the tourist comes from. From the past, not from the future.

I'm not going to try to convince you that I'm going nowhere.
You can have your opinion, and I can have mine, only time will tell who was right.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

Don't really understand that. Me too?
I hope you shorted some BTC in Dec 2017. Otherwise it all makes sense.

[rebal15]

With the political situation and the following statistic, americans and french are losing raison.
https://www.similarweb.com/website/kraken.com#overview

[jbreher]

4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.

Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.

As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market.

I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further.

Bring your anchor baby with you. That's what the anchor fucking means.

What? Babies go where the parents go.

Yes. But at least 'round these parts, the term anchor baby refers to a kid born to an illegal alien upon US soil. Such an event entitles the baby to automatic US Citizenship status. This provides a tie for the rest of the family to argue for US legal resident status. Thereby, 'anchor'.

Such a term is clearly inapplicable to infofront's current situation with an already-born child. Nevermind the fact that it seems likely infofront is already US-ian.

Of course, my understanding of the term 'anchor baby' may be predicated on regional dialect. Yours may differ?

[JayJuanGee]

You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

You speak a decent amount of truth here, becoin.  Long term BTC hodlers are likely not going to need to worry about exactly when they take their profits or cash out a certain amount of BTC to pay some fiat expenses, because the reason has been that they mostly HODL through the UPs and the DOWNs, and when looking back at the long term, they have accumulated way more value by NOT attempting to time UPs and DOWNs, even while accumulating more and more BTC through the whole time.

Sure, could have had more BTC to sell more at higher prices, yet does not really matter too much because higher priority goes to buying on a regular basis and especially dips.   

TLDR:  No need to either be playing around with alts nor selling large amounts of bitcoin... and you as long as you are accumulating BTC, you are likely to do quite well, financially.