Bad news.
After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.
I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.
Any post starting with "bad news" smells like FUD to me. Recently both mindrust and lambie are posting their predictions based on nothing (I recall a better expression, but I don't want to be rude because I really liked these guys at first). It looks like they are trying to influence the others with their repetetive 4900 resp. 7000-8000 claims. Guys, you are very new to the Bitcoin world. The market punished you for 6 months, now you are hoping to catch back what was missed. It is better to be honest and not lie to us. Learn your lessons, invest regularly and don't try to cheat the market, it will bite you. Leave the trade and FUD trolling to the pro's. Don't go to the dark side!
Cool story
But let me clear up your misconceptions and mischaracterizations of yours truly. Ive been over 90 percent net worth invested in Bitcoin since late 2014. I never sold the vast majority of my coins because I have solid income and have no need to. I never quit what I do for a living(because I love it
) even though I could easily never work again for a lifetime or two.
Bitcoin is an investment and I am not new to the investment world as I have been an avid investor since buying my first mutual funds in 1996. When I really started looking into Bitcoin in late 2013 (I was aware of its existence in 2011 but had no clue what it really was) I was soon a believer. I bought my first coin in January of 2014, then started putting all my spare cash into it over the next few months. By summer I was such a staunch believer I was liquidating long term investments to buy more coin. By the end of 2014 I had sold all other investments and after setting aside a large chunk for cap gains taxes I was 100 percent in Bitcoin.
I didnt sell a single coin until December 2017. Even after what I sold I was still over 90 percent net worth in Bitcoin. I did make some purchases of cheap coins around the 4k mark and under but I left some fiat ready just in case. I have been hoarding said fiat and gathering more fiat this year ready to deploy it for cheap coins. Yes the giant pump caught me by surprise and I missed out but I hardly consider it being punished. I would not be bothered much at all if I never deploy the fiat, its all just a game for me at this point and I like to make predictions like everyone else to keep up my interest in this beautiful investment we are all in.
If I think we hit bottom then I have the balls to come in here like I did in December of 2018 and pound the table relentlessly despite however much some might have been annoyed at the surety of my claims. If I am short term bearish I dont mind sharing my views, although admittedly its not as enjoyable for my personal tastes to post bearishness. But it still must be done from time to time to ensure this doesnt become and echo chamber circle jerk where the only person who thinks we arent going to double each week is an incel Nazi advocate.
Im here for my personal entertainment, just like everyone else including yourself im sure. Sharing opinions and memes is not an attempt to influence people into selling their coins, thats just silly. The point is to hear other opinions and get feedback on my own opinions with some laughs in between. You want honesty, and thats what you are getting from me. Perhaps you are only reading some of my posts and you dont have my whole story so if so its understandable if you dont know where Im coming from, but everything Im telling you I have said before. Ive been consistent since I had my first account here "The Doxing" in 2015 which was banned from posting for doxing a Financial Times writer who trolled here.
I dont remember you calling Hairy a fudster or liar in 2018 when he was bearish for month after month.
I also dont want to be rude sir, bc you have always been a good guy in my book, just have to clear the record.
TLDR: Just bc I think the price is going down short term doesnt mean Im not massively invested in Bitcoin in an almost reckless fashion and have been for 5 years. FFS I dont own a single stock, bond, property, metal, or shitcoin. Just King Bitcoin, a car, and some filthy USD itching to buy more corn. Can you say the same? Pray with me to whatever god you may fancy that everyone goes to the "darkside" Im on, bc BTC will be the global reserve currency on that same day.
@cryptotourist - morning buddy!
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