guigui371
Legendary
Offline
Activity: 2114
Merit: 1693
C.D.P.E.M
|
|
January 09, 2020, 03:10:39 AM |
|
Just wanted to thank you guys, I've been reading this thread for a while and picking some information to do a few trades from time to time. I did buy the 6.9kusd end of November, I missed to sell at 7.5k mid-December, I did not panic on the 18-19 December (6.5kusd) I held and sold yesterday at the 8.38kusd when the noise was starting to change. Now I'm looking for the next entry
|
|
|
|
JayJuanGee
Legendary
Online
Activity: 3892
Merit: 11128
Self-Custody is a right. Say no to"Non-custodial"
|
|
January 09, 2020, 03:32:17 AM Merited by vapourminer (1) |
|
Just wanted to thank you guys, I've been reading this thread for a while and picking some information to do a few trades from time to time. I did buy the 6.9kusd end of November, I missed to sell at 7.5k mid-December, I did not panic on the 18-19 December (6.5kusd) I held and sold yesterday at the 8.38kusd when the noise was starting to change. Now I'm looking for the next entry Many of us in this thread don't play around with large portions of our BTC stash, even though we might talk some BIG games here. So if you are trading BIG portions of your stash, you are likely a bit out of sync, here. Regarding entry, no time like the present. hahahahahaha... In other words, you should not have sold much if any at $8,380... but since you did... buy back and STOP playing around with so much of your BTC stash. You will thank me later.
|
|
|
|
guigui371
Legendary
Offline
Activity: 2114
Merit: 1693
C.D.P.E.M
|
|
January 09, 2020, 03:36:15 AM Merited by JayJuanGee (1) |
|
It wasn't a big stash, just like 2 or 3%
To be fair, it was more, hey it is 6.9k let put some more Fiat in the system and buy one BTC, Ok, now it is 8.3k, let sell and enjoy an extra 1.4k to spend on the next holiday.
i'm still in for the long game.
|
|
|
|
JayJuanGee
Legendary
Online
Activity: 3892
Merit: 11128
Self-Custody is a right. Say no to"Non-custodial"
|
|
January 09, 2020, 03:51:32 AM |
|
It wasn't a big stash, just like 2 or 3%
To be fair, it was more, hey it is 6.9k let put some more Fiat in the system and buy one BTC, Ok, now it is 8.3k, let sell and enjoy an extra 1.4k to spend on the next holiday.
i'm still in for the long game.
Fair enough. Yeah, it is o.k. to play around with some of your BTC stash, but seems to me that a decent amount should be stashed away. Of course, the more BTC that you have stashed away, the more that you can play around with BIGGER quantities in selling on the way up and buying on the way down. Each of us are going to have different tolerances on how much we feel that we need to have stashed away to feel solid on our personal goals, and of course, there can be a decent amount of tolerance for people who are betting against bitcoin, but largely, they are NOT too likely to find too much love in this thread if they are valuing their wealth in dollars rather than bitcoin.... unless of course, they can provide some context for their cashing out or whatever their contrarian strategies are. So, yeah, you seem to have been around BTC at least as long as me, so I should not be so presumptuous as to attempt to lecture you on some of the BTC basics, even though you are suggesting that there might be some value in coordinating buys to keep BTC's price up - or at there is some implication regarding your expectation that BTC prices will be going down to $6.9k-ish.. .which may or may not happen. Yeah, of course, if we get a quick burst in the upwards direction, odds likely increase regarding feasibility of a correction. On the other hand, bitcoin has some tendencies to go against expectations and even go into "punishment mode" from time to time, which tends to thrill HODLers quite a bit., and I really doubt that coordinating buys would be solid practices to keep BTC's price up - even though they might be solid practices in the shitcoin space... .. bitcoin is not a shitcoin, so it seems a bit of blasphemy to attempt to treat king daddy like that.... Well, hopefully king daddy will fuck a few whales up when they attempt to play her too much, and I am looking forward to CME and CBOE getting fucked up a bit, if they are playing around with fractional reserves, but I might be smoking too much hopium in that direction... but we will see if they are are NOT sufficiently backing up some of their trades if they will be able to sustain themselves if Bitcoin goes on a NON-taming kind of tear towards the upside... which is surely the hopes of many-a-hodler... we have seen it before, so it is NOT totally out of the question to consider such potentialities for our good ole lil buddy.
|
|
|
|
VB1001
Legendary
Offline
Activity: 938
Merit: 2540
<<CypherPunkCat>>
|
|
January 09, 2020, 06:27:16 AM |
|
Bitcoin is the enemy of your enemy. @danhold
Good morning WO,s
|
|
|
|
makrospex
Sr. Member
Offline
Activity: 728
Merit: 317
nothing to see here
|
|
January 09, 2020, 06:50:01 AM Last edit: January 09, 2020, 07:13:32 AM by makrospex Merited by JayJuanGee (1) |
|
So i followed that interesting conversation today...
Two medium educated men, proud of their 5%pa investments (stock market or fonds based, excluding inflation loss), were talking about bitcoin. They said buying btc at the time would be dumb, because if you aren't an early adopter, it's just a ponzi. Also, that if governments don't take measures against "this ponzi", they must be either holding OR they have no control over bitcoin.
Don't get me wrong, i would enjoy being simple minded like these two, but then i would also probably fomo all-in right before the next ATH (2022 probably?). At that time, they might even ask me if i heard about bitcoin, and that i should sell my house to buy btc)
link or it did not happen. IRLEven a video on youtube would have made no sense, because nobody would understand that heavy accent, in a language somehow related to german The younger guy also has a machine-gun talking style including light stuttering, even i have to ask him three times to repeat himself to understand what he actually was saying! LOL EDIT: In their world (my environment), they are considered as "totally sane". Do you recognize the similarities of their arguments to Roach's argumentation? That's living in the countryside of Hitler's motherland. Sometimes i just feel like alienated when i have to join a local event. Hungary reloaded.
|
|
|
|
NeuroticFish
Legendary
Offline
Activity: 3850
Merit: 6583
Looking for campaign manager? Contact icopress!
|
|
January 09, 2020, 07:19:37 AM Merited by JayJuanGee (1) |
|
So i followed that interesting conversation today...
Two medium educated men, proud of their 5%pa investments (stock market or fonds based, excluding inflation loss), were talking about bitcoin. They said buying btc at the time would be dumb, because if you aren't an early adopter, it's just a ponzi. Also, that if governments don't take measures against "this ponzi", they must be either holding OR they have no control over bitcoin.
Don't get me wrong, i would enjoy being simple minded like these two, but then i would also probably fomo all-in right before the next ATH (2022 probably?). At that time, they might even ask me if i heard about bitcoin, and that i should sell my house to buy btc)
It's somewhat entertaining to find out it's ponzi only if you are not an early adopter. And yes, they are the majority in the world, we are just a small and strange(!) minority.
|
|
|
|
nutildah
Legendary
Offline
Activity: 3164
Merit: 8559
Happy 10th Birthday to Dogeparty!
|
|
January 09, 2020, 07:20:41 AM |
|
Ironically the Bitcoin SV account has no actual connection to Bitcoin SV. He knows fuck all about it, and is indeed a banned, multi-accounting troll. He also owns the Bitcoin Gold and Bitcoin Cash accounts but never uses them. I learned this from my Russian sources, with whom I've been colluding behind the scenes. Korner is a lot like Garry Kasparov: he plays 4D chess, trolls the government, and all the other Russians hate him.
|
|
|
|
JSRAW
Legendary
Offline
Activity: 2338
Merit: 1553
|
|
January 09, 2020, 07:26:38 AM Last edit: January 09, 2020, 07:57:33 AM by JSRAW |
|
KGB source? Sidenote ; @nutildah i am scared to post in Reputation and Meta so please excuse me for not posting there.
|
|
|
|
nutildah
Legendary
Offline
Activity: 3164
Merit: 8559
Happy 10th Birthday to Dogeparty!
|
|
January 09, 2020, 07:27:52 AM |
|
Ex-KGB
|
|
|
|
AlcoHoDL
Legendary
Offline
Activity: 2548
Merit: 4735
Addicted to HoDLing!
|
|
January 09, 2020, 07:52:05 AM |
|
Ex-KGB
There is no such thing as Ex-KGB...
|
|
|
|
JSRAW
Legendary
Offline
Activity: 2338
Merit: 1553
|
|
January 09, 2020, 07:53:16 AM Merited by LFC_Bitcoin (2) |
|
|
|
|
|
makrospex
Sr. Member
Offline
Activity: 728
Merit: 317
nothing to see here
|
|
January 09, 2020, 07:54:19 AM |
|
Ex-KGB
There is no such thing as Ex-KGB... Well... Litvinenko, Skripal...
|
|
|
|
makrospex
Sr. Member
Offline
Activity: 728
Merit: 317
nothing to see here
|
|
January 09, 2020, 07:56:35 AM |
|
Exactly my thoughts after reading the news today, expressed in a picture If gold price shows identical actions, it might be true, i guess.
|
|
|
|
makrospex
Sr. Member
Offline
Activity: 728
Merit: 317
nothing to see here
|
|
January 09, 2020, 07:59:18 AM |
|
So i followed that interesting conversation today...
Two medium educated men, proud of their 5%pa investments (stock market or fonds based, excluding inflation loss), were talking about bitcoin. They said buying btc at the time would be dumb, because if you aren't an early adopter, it's just a ponzi. Also, that if governments don't take measures against "this ponzi", they must be either holding OR they have no control over bitcoin.
Don't get me wrong, i would enjoy being simple minded like these two, but then i would also probably fomo all-in right before the next ATH (2022 probably?). At that time, they might even ask me if i heard about bitcoin, and that i should sell my house to buy btc)
It's somewhat entertaining to find out it's ponzi only if you are not an early adopter. And yes, they are the majority in the world, we are just a small and strange(!) minority. I was tempted to introduce them into the concept of Sats and pull out the gold kilogram vs. ounce (or gram) comparison. I didn't do it for my own sake. Would have been like teaching a turtle how to ride a donkey
|
|
|
|
NeuroticFish
Legendary
Offline
Activity: 3850
Merit: 6583
Looking for campaign manager? Contact icopress!
|
|
January 09, 2020, 08:15:49 AM |
|
I was tempted to introduce them into the concept of Sats and pull out the gold kilogram vs. ounce (or gram) comparison. I didn't do it for my own sake. Would have been like teaching a turtle how to ride a donkey I fully understand you! (I've learned that it's not healthy to assume a certain level of comprehension, especially in the "real world".) Because there's quite a chance you may have more success with the turtle...
|
|
|
|
mladen00
Legendary
Offline
Activity: 2124
Merit: 1013
K-ing®
|
|
January 09, 2020, 08:28:03 AM |
|
Ex-KGB
There is no such thing as Ex-KGB... there is; FSB
|
|
|
|
BitcoinGirl.Club
Legendary
Offline
Activity: 2954
Merit: 2785
Bitcoingirl 2 joined us 💓
|
|
January 09, 2020, 09:04:06 AM |
|
KGB, FSB, RGB(color code 😜 ); are we forming any secret agency?
Good morning WO! Observing @ $7,889
When $Vegeta?
|
|
|
|
jupiter9
Member
Offline
Activity: 165
Merit: 10
|
|
January 09, 2020, 09:09:27 AM |
|
Exactly! When! Time is more important than price. When time is up price will reverse!
|
|
|
|
Globb0
Legendary
Offline
Activity: 2702
Merit: 2053
Free spirit
|
|
January 09, 2020, 09:10:48 AM Merited by fillippone (1) |
|
Thanks Yoda
|
|
|
|
|