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

[serveria.com]

Not buying not selling... just HODLing...

[Saint-loup]

Not buying not selling... just HODLing...

If no one buys the price won't rise up.

[VB1001]

Good morning WO,s
if I tell you the truth I do not understand the reaction in the thread, we are supposed to be BTC bulls, do you think we are the only ones that are falling?
Bitcoin right now is the least of the problems, it will continue on its way, the badger is fine.
People are not fine, take care of your health and wait.

#StrongHats

Glad to see you again Toxic2040

[mindrust]

New plan; starting to DCA from here. $50/Week. (I don't mean my signature) No buying the dips, no getting in with huge money.

Only Automated buys.

Let's see how that'll go.

Fuck roach. I admit though I stepped down my game a lot.

(50 bucks/ week is something I could afford to lose)

[JSRAW]

Oh, by the way..... @ JSRAW:  would you like to apologize to me for your March 2019 statement about never going below $3,900 again?      NOT that I did not want you to be correct.  

Sorry Spiderman, please accept my apology

Btw It went to $3900? i see only 4k ish range. was out all night with my g.f and friends celebrating her birthday, so i missed the bloodpath and all the fuckery. But when i checked it in the morning.... shit ... portfolio was/ still down significantly in fiat but i didn't lose my shit over it, luckily.

I had only one buy order waiting at $5k range for ages as back-up plan, in case of any doomsday scenario. not happy with this situation overall but can't complain either as i increased my stash. Now getting my shit together for next doomsday if it happens again.

@mindrust : Read your posts, tbh i didn't expect you to go down this road. feel for your brother. I just want to say that don't let that "One bad night/One bad call" decide your faith.

Welcome back Toxic, good to see you man

[NeuroticFish]

to invest in bitcoin for him in early March, which turned out to be awful timing

Yeah, I've also "bought the dip" in early March.

[ChuckBuck]

Calm your tits ChuckBuck

Yes, I still watched my money go down calmly till now

I see you've removed your hat and you're looking for Fiat.
This one's more suitable for you today.

No no, I didn't give up my hat, nor did I looking for fiat, don't get me wrong, I just read some news and found that everything was going down, I was watching my money die in bitcoin, quite shocked when I woke up 

Not buying not selling... just HODLing...

Yes, it was the damn thing I did when it was 8k a few days ago, and look what we have right now 

[JayJuanGee]

Let's not judge guys... you don't know peoples financial positions or tolerance to financial stress either. It's been... it's been a day. Tomorrow will come and the world will keep on spinning. I'm sure in the long term we go up but at the moment it's all pretty crazy

Well, yeah, there are a variety of ways to attempt to recover from a mistake, but most of the time, we should not be playing around with all or nothing tactics.. those are both rookie mistakes and getting too greedy mistakes.

Sure, mindrust mentioned that he was overinvested on several occasions, but that really means acting way the fuck before the bottom (yeah, I know that we do not know when the bottom is going to be, but still we have to try to be reasonable about these matters and try to stick to a prudent plan, even during times that it might be quite uncomfortable.... even I was uncomfortable after we fell below $5,500... and furthermore, we fell a whole fucking $1,700-ish after that... so, yeah, holy fucking shit... we gotta be ready for these kinds of possibilities, even though they are outrageous.

[El duderino_]

Italy has a 3.5% mortality rate with one of the best health systems in the world.  It’s not the fucking flu.

Dude. 15113 infected, 1016 deaths, 1258 recovered. That's either 45% or 27% depending how you prefer to calculate it. Yeah, not the fucking flu.

I agree with HM that its not a common thing atm, I think it will be a common thing in the future and people will be waaaaaay more relaxed when a vaccin is out for easy buying

Viruses mutate. An effective vaccine is highly unlikely.

If the idea is there already that there is a vaccin is already enough, alright later on the virus will mutate, but now when it’s contained they will keep working for new vaccines and not like when SARS was contained to stop working on it...

[NeuroticFish]

If the idea is there already that there is a vaccin is already enough, alright later on the virus will mutate, but now when it’s contained they will keep working for new vaccines and not like when SARS was contained to stop working on it...

There are the mutations, there are the anti-vaccinists, there are careless people (always!) so I'd be also highly focused on the development of antiviral drugs designed to cure/kill this nasty little thing.

[Ibian]

so how does this effect the halvening is my q

The halvening is cancelled.

[Ibian]

Italy has a 3.5% mortality rate with one of the best health systems in the world.  It’s not the fucking flu.

Dude. 15113 infected, 1016 deaths, 1258 recovered. That's either 45% or 27% depending how you prefer to calculate it. Yeah, not the fucking flu.

I agree with HM that its not a common thing atm, I think it will be a common thing in the future and people will be waaaaaay more relaxed when a vaccin is out for easy buying

Viruses mutate. An effective vaccine is highly unlikely.

If the idea is there already that there is a vaccin is already enough, alright later on the virus will mutate, but now when it’s contained they will keep working for new vaccines and not like when SARS was contained to stop working on it...

It can't be contained. That's why this is the big one. Everyone is going to get it, and if the mutation rate is anything like just the flu bro, then we could end up with a yearly recurring global pandemic.

[Wekkel]

Life will find a way.

[Cryptotourist]

OK, HUG!
No homo

Thank you Arrie.
mindrust needs one too. #nohomo

Help me out.

Please ignore me, but you did ask.
The main goal is to get most of your coins back at the price you sold them or better.

But first and most importantly, go to sleep.
Hit yourself with a bat if necessary.

[Saint-loup]

to invest in bitcoin for him in early March, which turned out to be awful timing

Yeah, I've also "bought the dip" in early March.

So you should invest more now, to lower your break even point.

[hv_]

Not buying not selling... just HODLing...

If no one buys the price won't rise up.

right - hodl is such fkcud up

only real scale & use can fix bitcoin

- finally:

hodl: no use case

[JayJuanGee]

Did you see  masterluc's last episode? "The music will fade."

I trust that guy 's TA. I really wanted to stay in the game but it wasn't possible for me.

I hope masterluc was a huge retarded moron and you all make great returns. I have serious suspicions now. Like I said I am not even sure if want to get back in at this point. Mind is rusty.

Fuck masterluc.  You gotta prepare for both up and down, and don't get too reliant on TA of that fucktwat.. or even your own TA... You just gotta prepare for both price directions.. and who fucking care what the TA says.. it is a mere probability that might end up being wrong, and frequently is wrong.. especially in the short term and frequently in the extreme BTC price movements, too.

I sometimes get intuitions about the price direction and I might say them, but my buy orders and my psychology do not rely at all on whether those price directions come true.. because I constantly attempt to prepare for either price direction and also to try to set my orders and my allocations in such a way that I am not emotionally or financially attached to either price direction.

I hope you figure out a way, mindrust.  Sure, maybe you have to take a bit of a loss, but you gotta figure out some reasonable balance.

I am not trying to be a hardass on you, and of course, you have to ultimately decide for yourself.  At the same time, you know that you sleep much better in BTC than in fiat, yet you have to find a balance that works for you too, even during stressful times.

yeah, fuck it.  I was trying to get some sleep too, and then the BTC price dropped more than $1,000 in a short period of time.  I had to stop what I was doing, and I even had to change some things in my schedule, and yeah it was inconvenient and a bit stressful to get my orders set properly...   Then I felt much better after I had them all set.. then I did a couple of other things, and then fuck again.. the price dropped another large amount... so yeah, sometimes it is stressful and inconvenient until you get back into balance and you can set your orders or your allocation to a comfortable level.. but all of us know, including you, that all or nothing is not what you are trying to achieve, even though you still seem to value your wealth too much in dollars (which means that you are thinking way the fuck too much in terms of the short term rather than in the longer term).

[Saint-loup]

Not buying not selling... just HODLing...

If no one buys the price won't rise up.

right - hodl is such fkcud up

only real scale & use can fix bitcoin

- finally:

hodl: no use case

I agree with you guy.
If Laszlo had never bought his pizza 10 000 btc, Bitcoin would still worth nothing at all.

https://bitcointalk.org/index.php?topic=137

[mindrust]

Please ignore me, but you did ask.
The main goal is to get most of your coins back at the price you sold them or better.

But first and most importantly, go to sleep.
Hit yourself with a bat if necessary.

There is no way I can carry that much risk on crypto again.

Getting the coins back is not an option anymore. (I'd be down like 1-1.5btc from these prices.) I'd rather start DCA'ing and start building from zero.

Hitting a bat is a solid advice though.

you know that you sleep much better in BTC than in fiat,

Problem is I couldn't. My problem was buying too many dips recently. I was casually throwing $5k's. That was a huge mistake and was the main panic trigger for me.

Combined with that, what we just witnessed never happened before in the history of crypto If I am not wrong.

[Tar777]