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

[Krubster]

@JJG you are a man of many words, I'll drink to that.



This is gentlemen.

[Toxic2040]

week 53 of lockdown continues


#dyor

1h


4h

#stronghands

[explorer]

Reaching...

[Krubster]

We just hit a new ATH in euro.

Another of my sell order was tríggered

[explorer]

Find some peace in these stressful pandemic times in beautiful nature....

and see the beauty before you.

Don't just see "Trees"

Each is an individual as individual as any of us, shaped by the world.

I sometimes just stand and gaze

Some see the trees. Others see the forest. Yet others see the lake.

And then some simply see the beauty of the whole.

Some see dollar signs and stumps.  Beware of Some 

[JimboToronto]

Find some peace in these stressful pandemic times in beautiful nature....

and see the beauty before you.

Don't just see "Trees"

Each is an individual as individual as any of us, shaped by the world.

I sometimes just stand and gaze

Some see the trees. Others see the forest. Yet others see the lake.

And then some simply see the beauty of the whole.

Some see dollar signs and stumps.  Beware of Some 

 

And some see Bitcoin wealthy retirement. 

[serveria.com]

We just hit a new ATH in euro.

Another of my sell order was tríggered

Observing nice uppity. My sell orders start at $50k. No selling until $50k. #stronghands 

P.S. I'm considering to postpone selling even more if $50k won't be reached soonish. Next target: $75-80k (600w's grandma's prediction)   

[yefi]

So can we cut people down with an axe and build a cabin out of them, or is that taking the metaphor too far?

[OutOfMemory]

So can we cut people down with an axe and build a cabin out of them, or is that taking the metaphor too far?

That's not even the newest idea... 

[strawbs]

So can we cut people down with an axe and build a cabin out of them, or is that taking the metaphor too far?

That's not even the newest idea... 

Well that escalated quickly!

[JimboToronto]

Thanks. Great idea for Day of the Dead.

[OutOfMemory]

Thanks. Great idea for Day of the Dead.

Here's even more:

https://ecophiles.com/2017/03/13/here-8-creepiest-churches-made-of-bones/

[UnDerDoG81]

Guys, I need your opinion.

First I want to make clear, I hold most of my coins. Dont freak out.

I had some fiat sitting on my bank account for some time now and decided to buy me a nice small apartment with that money since I missed to buy BTC with that. Around 70% of the money for the apartment comes from fiat. Now we agreed with the owner to pay the rest within 2 weeks. But I dont want to wait that long because he could sell it to somebody else if the offer is higher than I pay. The interest is high in that building. I did only pay him 0.1% as a down payment with the option to cancel from both sides.

The maximum I want to wait is next week. So, I am just watching the price all day. And currently we peaked pretty good. The 30% (around $30k) for the apartment will come from Bitcoin. Now, the higher the price, the less I pay of course. But I really cant predict the few coming days. I cant decide if I should sell now at almost 34k or just wait a bit more. Risk is there we dive deeper next week. Or even in the next hours (yes yes I know, long term is bullish etc.). But I would fuck my head if we go higher and I sold at 34k. I mean ok, 2-3k more is not that much some would argue. But 2-3k more is a fridge, a nice OLED TV and a chilly couch

Usually the rally is on the weekends the last 2-3 weeks. And currently I feel bullish. But January was never a good month for BTC. Any opinions? Sell now or hold couple more days?

[Wekkel]

Easy.

Secure. Your. Fiat.

Don't mince about selling the BTC needed to buy that apartment. Too much risk / large transaction to gamble on.

[Krubster]

@JJG Where you at, I'm getting shitfaced

[OutOfMemory]

Guys, I need your opinion.

First I want to make clear, I hold most of my coins. Dont freak out.

I had some fiat sitting on my bank account for some time now and decided to buy me a nice small apartment with that money since I missed to buy BTC with that. Around 70% of the money for the apartment comes from fiat. Now we agreed with the owner to pay the rest within 2 weeks. But I dont want to wait that long because he could sell it to somebody else if the offer is higher than I pay. The interest is high in that building. I did only pay him 0.1% as a down payment with the option to cancel from both sides.

The maximum I want to wait is next week. So, I am just watching the price all day. And currently we peaked pretty good. The 30% (around $30k) for the apartment will come from Bitcoin. Now, the higher the price, the less I pay of course. But I really cant predict the few coming days. I cant decide if I should sell now at almost 34k or just wait a bit more. Risk is there we dive deeper next week. Or even in the next hours (yes yes I know, long term is bullish etc.). But I would fuck my head if we go higher and I sold at 34k. I mean ok, 2-3k more is not that much some would argue. But 2-3k more is a fridge, a nice OLED TV and a chilly couch

Usually the rally is on the weekends the last 2-3 weeks. And currently I feel bullish. But January was never a good month for BTC. Any opinions? Sell now or hold couple more days?

That's the wrong approach, imo.
Do you need and want the appartment?
If yes, sell BTC. If no, buy BTC.
You can sell half a coin now, decide about the rest later next week. This way you are half secure.

BUT

Covid's impact on economy might lower apartment prices in 2021, so if you can wait, why not invest and wait?

So if you need and want that apartment, buy it.
If in doubt, forget it, buy some BTC and don't look back. That's how i would do it.

EDIT: Remember, i don't buy BTC to make fiat. That might differ from your goals.

[UnDerDoG81]

Guys, I need your opinion.

First I want to make clear, I hold most of my coins. Dont freak out.

I had some fiat sitting on my bank account for some time now and decided to buy me a nice small apartment with that money since I missed to buy BTC with that. Around 70% of the money for the apartment comes from fiat. Now we agreed with the owner to pay the rest within 2 weeks. But I dont want to wait that long because he could sell it to somebody else if the offer is higher than I pay. The interest is high in that building. I did only pay him 0.1% as a down payment with the option to cancel from both sides.

The maximum I want to wait is next week. So, I am just watching the price all day. And currently we peaked pretty good. The 30% (around $30k) for the apartment will come from Bitcoin. Now, the higher the price, the less I pay of course. But I really cant predict the few coming days. I cant decide if I should sell now at almost 34k or just wait a bit more. Risk is there we dive deeper next week. Or even in the next hours (yes yes I know, long term is bullish etc.). But I would fuck my head if we go higher and I sold at 34k. I mean ok, 2-3k more is not that much some would argue. But 2-3k more is a fridge, a nice OLED TV and a chilly couch

Usually the rally is on the weekends the last 2-3 weeks. And currently I feel bullish. But January was never a good month for BTC. Any opinions? Sell now or hold couple more days?

That's the wrong approach, imo.
Do you need and want the appartment?
If yes, sell BTC. If no, buy BTC.
You can sell half a coin now, decide about the rest later next week. This way you are half secure.

BUT

Covid's impact on economy might lower apartment prices in 2021, so if you can wait, why not invest and wait?

So if you need and want that apartment, buy it.
If in doubt, forget it, buy some BTC and don't look back. That's how i would do it.

EDIT: Remember, i don't buy BTC to make fiat. That might differ from your goals.

Thanks for your input. And yours as well @Wekkel

Living in rent is always cheaper. And nobody needs to buy an apartment. But I see it as an investment that will not lose value here since its an holiday location. People making shitloads of money with AirBnB here. My plan was to cash out some BTC at 30k€ and buy even more apartments and rent them out on AirBnB. Thats an investment for life. While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist. Will it happen? Probably not. But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.

I got into Bitcoin in 2013 and ever since hold my coins. Not even sold $1 of BTC. So at some point in life its time to enjoy a bit of that life. I am 39 and aint getting younger. I mean I could wait another 5-10 years and yes BTC might be at $1.000.0000 then. But then again, I could wait another 10 years and BTC could be at $2.000.000. It never ends. I could drive a Ferrari with 70. But will I enjoy it as much as with 39? Probably not.

You are right, I could invest and wait couple months. But I put all money I ever had into Bitcoin since 2013, besides that $70k on the bank. I never diversified. And what if I invest and we drop down to 4 digits for another 2-3 years? I know I know will probably not happen. But that MtGox and the 2017 crash still sits very deep.

Edit: I agree with your sentiment. I also dont buy BTC to make Fiat. If I cash out BTC, I would asap invest it into something else.

[Indymoney]

If you sold on the dip, I feel bad for you son. I got 99 problems, but hodling ain't one.

But currently every one cannot do this all like you because there are too many issues with many members.

[infofront]

If you sold on the dip, I feel bad for you son. I got 99 problems, but hodling ain't one.

But currently every one cannot do this all like you because there are too many issues with many members.

Every person here is in a unique situation. We all just have to try to make the best decisions that we can for ourselves.

[serveria.com]

Thanks for your input. And yours as well @Wekkel

Living in rent is always cheaper. And nobody needs to buy an apartment. But I see it as an investment that will not lose value here since its an holiday location. People making shitloads of money with AirBnB here. My plan was to cash out some BTC at 30k€ and buy even more apartments and rent them out on AirBnB. Thats an investment for life. While, I know most of us here dont want to hear it, BTC could go down to $0 tomorrow if every country in the world would put it on a blacklist. Will it happen? Probably not. But two brutal bear markets teached me something. And there will be a third one as well for me, thats sure.

I got into Bitcoin in 2013 and ever since hold my coins. Not even sold $1 of BTC. So at some point in life its time to enjoy a bit of that life. I am 39 and aint getting younger. I mean I could wait another 5-10 years and yes BTC might be at $1.000.0000 then. But then again, I could wait another 10 years and BTC could be at $2.000.000. It never ends. I could drive a Ferrari with 70. But will I enjoy it as much as with 39? Probably not.

You are right, I could invest and wait couple months. But I put all money I ever had into Bitcoin since 2013, besides that $70k on the bank. I never diversified. And what if I invest and we drop down to 4 digits for another 2-3 years? I know I know will probably not happen. But that MtGox and the 2017 crash still sits very deep.

Edit: I agree with your sentiment. I also dont buy BTC to make Fiat. If I cash out BTC, I would asap invest it into something else.

If you have survived 2 full BTC cycles you should have learned when the real fun starts... and if you are seeking advice here it means you're not sure if buying that apartment is the right thing to do in this situation... and if you aren't sure you don't need it trust me... so stop your weak hands whining and HODL private!!!