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

[JayJuanGee]

Welcome, Here4Gainz.  You might need to provide more information about your particulars, but surely your own research would be part of any BTC plan.

I generally recommend that newbies figure out their cashflow for 6 months, and then make an investment budget that is spread out during that kind of timeline that allows them to continue to learn about BTC while they are investing by dollar cost averaging, buying on dips and perhaps frontloading their investment a bit.

Accordingly you can take your current cash available for budgeting towards bitcoin and add it with your cashflow that you expect to dedicate to invest in bitcoin over the next 6 months.  Divide that into three and invest 1/3 immediately and dedicate 1/3 respectively to DCA and buying on dips.

Of course, you can employ other variations of such recommended strategy to account for all of your own specific conditions, including  your cash flow, other investments, view of bitcoin as compared with other investments, risk tolerance, timeline and time and skills for trading, managing your portfolio or researching into bitcoin (including tweaking from time to time).

Jay

you should get an AM radio show

Sorry to break newses,

 this be my talk show...

Only I can type... no doesn't know how spoiken dee engwish proper.  

sucks Bme.  

Next caller.....   Line 3:  

[lightfoot]

Thanks for the bidet tutorials everyone. Will be interesting to see how this thing works when it gets here.

Meantime I'm prepped up and pretty much ready for anything. We'll see what happens tomorrow, I'm sure it will be a new fun-filled day!

[JSRAW]

Thanks jojo

[bitebits]

Afternoon all

New 2 BTC and investing in general - wanting to take advantage of the new world I entered at a very small 0.2 BTC @ 5.7k. Have plenty of funds and considering buying 1 - 2 whole btc as I'm gathering confidence that it'll return to 10k+

Discuss and help a newb out.

Wait until $10k/btc then you are sure.

[bitebits]

Afternoon all
[...]
Discuss and help a newb out.

[...]
I generally recommend that newbies figure out their cashflow for 6 months, and then make an investment budget that is spread out during that kind of timeline that allows them to continue to learn about BTC while they are investing by dollar cost averaging, buying on dips and perhaps frontloading their investment a bit.
[...]

Or just go all in

That is for more seasoned bitcoin holdlers. Many will drop off after putting in some dollars followed by a few pumps or dumps, seen many wall observers come and go over the years.

For those few sticking around it generally still takes a few years to get to that level of confidence, but it seems almost inevitable to not be over invested in bitcoin. Once you start understanding what money versus fiat is, what a powerful feeling it is to hold something that can’t be taken from you, can be transferred at any time to anyone around the world, how truly solid the Bitcoin network is, then it becomes a no-brainer really.

Long term hodlers easily get ‘over invested’ as well because number seems to have the tendency to go up. Which makes sense understanding the above.

[eddie13]

News from the ground..

Largest near sporting goods store says firearms are not to be sold, and 100 round ammo limit..

Truckers carrying "critical supplies" waived from logbook restrictions..
Rates are up from under $2 a mile to over $3 a mile..

I could go drive truck if needed to be a hero..

[VB1001]

One more thing about #bitcoin stock-to-flow model: the important thing is not S2F sec (it's determined, fixed in code), but the fact that btc price (demand & supply) tracks S2F like clockwork, i.e. the cointegration. Why? Scarcity, network effects, hodlers, QE ... time will tell.

https://twitter.com/100trillionUSD/status/1240946578422140930

Everything is possible, including PlanBTC

Good morning WO,s

[VB1001]

Jay

you should get an AM radio show

Next caller.....   Line 3:  

Radio AM, good times, JJG would be a good radio announcer, his program would occupy 24 hours, It would contribute to a rapid adoption of Bitcoin.

[Wekkel]

An interesting read, overall, though.

https://unherd.com/2020/03/covid-19-has-exposed-our-financial-fragility/

Highly recommended  

Two key words:
*MMT (money printing)
*UBI (Universal Basic Income)

It’s coming, and it will be damn impossible to shut it off again.

Bullish for Bitcoin.

[AlcoHoDL]

We are doomed to skid marks and crusty cling-ons  folks...... just like my cats. (but they don't seem to mind...)

Screw that dude. On the basis of this thread I ordered one of those bidet things and will install it this weekend. We'll see how it works.

I've had one since I was born. Great stuff. I was thinking of removing it due to lack of use, but now with COVID-19 it's proved its worth.

BTW, TP is still in great abundance here in Euro-land. It's amazing to see it being sold so cheaply and people still don't buy it. Fools...

[AlcoHoDL]

Most Brits aren't particularly fond of the CSW word  

You missed two letters. FTFY. Now you have the full definition.

There's a reason why the Aussies use it so often.

[Icygreen]

On my way back home, wife denied boarding to Canada despite marriage certificate and all visa documents. Booked another flight for her to her country in short order. Boarding at the same time at neighboring gates. Just as she steps through the gate to board her plane, I receive information that they've made a mistake and she's now allowed under the family exception.
 That's what I was trying to fucking tell you at the desk you imbecile!
No amount of protest can bring her back to the gate from the plane. I watch our planes depart in different directions. Some pure bullshit today. WTF


Corn responding similarly over the last few days  

[Cryptotourist]

Ok, later.

You girls need to ask for a raise from your handlers. Getting led around like bitches on a leash and made to bark lies on demand is very demeaning.

Maybe the public doesn't need to be told what to think by agents of the state who have to slink around covertly lying and manipulating in public forums?

Now hold your fucking horses.
I was thinking exactly the same thing about you - your master needs to pay you more for this extreme bullshitery of yours.

I even went so far as to consider you could be a r0ach double.
As for me, try to think harder marcus_of_the_elite_shill, before you spill your filth towards this direction.

Fucking cunt.

[VB1001]

https://twitter.com/BitcoinMemeHub/status/1240609752704409603

[Wekkel]

The creativity gets better and better 

https://www.reddit.com/r/Bitcoin/comments/fm2pia/the_bitcoin_price_this_week_in_a_nutshell/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

[Ibian]

... yes, like endemic obesity, high blood pressure, poor diets, low exercise, unfit, sedentary lifestyles, high smoking rates, high alcohol intakes, heavily medicated, high background pollution levels, high depression levels, poor mental health, high cancer rates, high average age, low vigor, etc.

Generally sick societies.

Aren't you a joy to chat with, I'm no expert of course, but I think you just described 99% of the world population.

Yes. Which is what makes this whole thing so exciting. Most of the global population is completely unfit to live.

[Phil_S]

New York, ghost town:

[Phil_S]

San Francisco:

[VB1001]

All the big cities are deserted, reality surpasses fiction again, only the Martians remain to appear and we will have the complete apocalyptic pack.

[Last of the V8s]

All the big cities are deserted, reality surpasses fiction again, only the Martians remain to appear and we will have the complete apocalyptic pack.